The Meme Coin Trading Tournament Round 3 is here! With new meme coin pairs to trade and a P600,000 rewards pool, now’s the perfect time to take part in this exciting competition.
Read on to learn how you can participate, the eligible trading pairs, and the dynamic rewards structure.
How to Join the Meme Coin Trading Tournament
To get started and secure your chance at winning a portion of the P600,000 rewards pool, follow these simple steps:
Step 1: Sign Up
Fill out the Google Form to officially sign up for the tournament.
Step 2: Spot Trade Eligible Meme Coin Pairs
Trade any of the eligible meme coin pairs on the platform, ensuring that your total trading volume reaches P25,000 or more during the tournament period.
Step 3: Rank in the Top 100
To qualify for the rewards, you need to rank in the top 100 based on your trading volume. The higher your rank, the larger your share of the rewards pool.
Tournament Period and Eligible Trading Pairs
- Tournament Period: October 16, 2024 – November 15, 2024
- Eligible Trading Pairs:
- PEPE/PHP
- BONK/PHP
- WIF/PHP
- MEW/PHP
- DOG/PHP
- BDC/PHP
Dynamic Rewards Pool
The rewards pool for this tournament is dynamic, meaning the amount can increase depending on the number of qualified participants. Here's a breakdown of the rewards:
Rewards Structure
Based on your rank at the end of the tournament, here’s how the rewards will be distributed:
Terms and Conditions
Before participating, ensure you meet the following conditions:
- Sign up via the provided Google Form.
- Complete spot trades on the eligible meme coin pairs during the tournament period. A minimum trading volume of P25,000 is required to qualify.
- Participants must be at least 18 years old and have an identity-verified Coins.ph account.
- Employees of Coins.ph and their immediate family members are not eligible to participate.
- Rewards are distributed based on the number of qualified participants and rankings. Winners will be notified via email within seven working days after the tournament ends.
- Rewards will be credited to the Coins.ph wallet of the winners within 15 working days after the end of the tournament.
- Non-transferable rewards must be accepted as awarded.
- Coins.ph reserves the right to cancel or amend the tournament mechanics and rewards structure.
Additional Insights and Tips
What Are Meme Coins?
Meme coins are digital currencies inspired by internet memes or viral trends. Popular meme coins like PEPE, BONK, and DOG have gained attention for their fun and sometimes unpredictable price movements. They are often highly speculative but offer unique opportunities for traders looking to participate in the growing meme coin trend.
Spot Trading Meme Coins
Spot trading involves buying and selling cryptocurrencies at their current market price. For meme coins, this means capitalizing on price fluctuations within a short time frame. Make sure you monitor the market closely to take advantage of trading opportunities.
Why Participate in Meme Coin Trading?
Not only can you win prizes, but you also get to engage with one of the most exciting sectors of the crypto market. Meme coins can offer high volatility, providing opportunities for quick trades, which is ideal for traders looking to make the most of market trends.
