Most trading competitions end up rewarding pure volume, which usually pushes traders toward higher leverage and short-term risk-taking. BingX 8th Anniversary Phase 2 looks slightly different though.
They're combining volume, profit, and consistency into the ranking system, which could make the leaderboard more performance-driven instead of just rewarding aggressive trading behavior. In a market where $BTC volatility is already pulling more attention back into derivatives, this kind of scoring model feels more sustainable long term.
With a $1M prize pool, competition this phase will probably be much tougher than the first round.
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