Using huge bonuses to welcome the bull market is one of the common operations of many digital currency exchanges and investors in the bull market. The Spring Trading Competition launched by CoinW on April 17 also proved this. During the one-month event, CoinW achieved a total trading volume of 200 billion US dollars, a total number of participants of more than 180,000, and more than 200,000 new users, which confirmed its self-positioning as a veteran exchange in the industry - providing liquidity for the secondary market and contributing to the mainstreaming process of the entire market.
Trading competitions have become one of CoinWs annual celebrations. Every year, a million-dollar prize pool is used to host trading competitions, which not only empowers the assets of experienced traders, but also helps novice users embark on the journey of crypto trading through simple novice tasks. This years $1 million prize pool includes $600,000 for contract trading and $200,000 for spot trading.
In order to further attract more new users by taking advantage of the bull market, CoinW has also set up a card collection session and set up a $200,000 prize pool for this session. Users can easily obtain star cards of different levels by completing tasks such as registration and recharge. Then redeem the cards for bonuses. The final statistics show that this new gameplay ended with a very high participation rate of 80,000 redemptions.
Sonia Shaw, President of CoinW, said: The bull market is undoubtedly an ideal time to attract new cryptocurrency enthusiasts. The market has experienced several waves this year. Meme coins have brought exceptional profits to holders this year, and Runes has also emerged in the spot field of Bitcoin Layer 2. We believe that many innovations and investment opportunities are brewing and about to emerge in this bull market. As an industry-leading centralized exchange, we firmly believe in our role in promoting market liquidity.
The Spring Trading Competition is not the end of this years CoinW CoinWin Trading Feast. With the 2024 European Cup approaching, CoinW once again took out millions of dollars to support this feast, aiming to expand the boundaries of the crypto field.
About CoinW
CoinW is a global leading cryptocurrency trading platform that focuses on security, transparency and user-centric principles. With advanced technology, deep liquidity and a wide range of currencies and trading pairs, it has accumulated a wide user base and become one of the safest cryptocurrency exchanges in the world. CoinW is committed to security, transparency and compliance, adheres to the highest regulatory standards, and actively promotes the development of the cryptocurrency industry.
