Beamex’s Perpetual Power Play Trading Challenge calling all traders!

Join in, showcase your trading skills, beat competition and get rewarded for it.

Beamswap
Beamswap
Published in
4 min readFeb 21, 2024

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DEX traders of the world, unite!

Everyday trading of perpetuals on Beamex can be a rewarding experience on its own, but we decided to spice it up with some competitive boost.

Beamex is proud to launch the Perpetual Power Play Trading Challenge! 🚀

Why? Because we love seeing the Beamex platform serve our users best, reward them for active participation, and boost the trading volume along the way.

Traders will not be left on their own as they navigate the world of decentralized crypto trading. Through a series of educational content, we will educate about key features and opportunities on Beamex and Beamswap, making the Trading Challenge appropriate for everyone.

Competition Details

Here is all you need to know to join Beamex’s Perpetual Power Play Trading Challenge and show the world your skills.

Duration

February 21 — March 20, 2024

Prize structure

Prize Pool: $2,500

Prize allocation:
🥇 1st Place: $750
🥈 2nd Place: $500
🥉 3rd Place: $350
⭐️ 4th Place: $250
⭐️ 5th Place: $200
⭐️ 6th Place: $150
⭐️ 7th Place: $100
⭐️ 8th Place: $75
⭐️ 9th Place: $50
⭐️ 10th Place: $25

Ranking Criteria

The sole criterion for ranking participants in the challenge is the total trading volume of all trades executed throughout the duration of the Trading Challenge.

This includes long and short perpetual positions, as well as normal swaps.

Competition Rules

Don’t worry, the rules are nothing to stress about. Still, it’s only appropriate to lay them out to avoid disorder.

  1. Beamex’s Perpetual Power Play Trading Challenge is open to all users of the Beamex perpetual DEX platform.
  2. Only trades executed during the competition period will be considered for ranking.
  3. The winners will be announced at the end of the competition period based on the criteria outlined above.
  4. In case of a tie, the participants will be sorted by PnL.
  5. Only wallets (EOA) are eligible to receive rewards, smart contract addresses will be filtered out periodically during the competition.
  6. Only direct trades (long, short and swaps) on the Beamex exchange website will be counted.
  7. Users must adhere to Beamex’s Terms of Service and trading guidelines.

Education is key

No trader should be left in the dark when it comes to managing and trading their assets. Our team will provide educational material and resources to help everyone navigate Beamex’s features:

  • Limit Orders: How to place limit orders for more precise trading strategies
  • Futures Trading: What it is and how you can leverage it on the Beamex platform
  • Zero Impact Swaps: What are the benefits and how you can utilize such swaps for seamless asset exchange
  • Earning: How you can earn rewards through liquidity provision and other features on Beamex

Track your position in Beamex Lounge

Eager to stay on top of your trading game?

Enter Beamex Lounge and track trades, PNL, and more Leaderboard data of Beamex traders.

See how you compare to others and turn your trading up a notch! 🚀

Beamex Lounge

Spread the word

We are looking forward to seeing you rock those perpetual trades in Beamex Power Play Trading Challenge!

Let your community know about your positions, wins, and ranking, and share your participation on social media channels using the hashtag #BeamexPowerPlay. 🚀

Or, invite others to hit the charts using your Beamex referral QR code and earn along the way. How? This guide will help you out.

May the best trader win!

Have killer trading skills? Show them off!

Beamex’s Perpetual Power Play Trading Challenge is your opportunity to show what you’re made of and get rewarded for it.

Join in, beat the competition, and foster the vibrant trading community on the Beamex platform! 📈

About Beamswap

Beamswap is a DeFi Hub built on the Moonbeam Network featuring a decentralized exchange (DEX) and an automated market maker (AMM). It gives users the freedom of adding liquidity, performing peer-to-peer transactions, swapping fungible tokens, and earning passive income from staking and yield farming. Beamswap will support the growth of Moonbeam’s ecosystem and act as a launchpad for new projects developing on the network. Our team’s mission is to aid in the multichain vision to serve as a host for projects on the Moonbeam & Polkadot Ecosystem while working alongside projects with existing infrastructure looking to bridge into the multichain universe.

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