Press Release
PRESS RELEASE. October 28, 2022 – Leading cryptocurrency exchange, Bitget, unveils details and awards for King’s Cup Global Invitational (“KCGI”) Fall 2022, its upcoming global crypto futures trading competition. Being Bitget’s third KCGI and celebrating World Cup Qatar 2022 hosted in the same period, the tournament will be themed around football and the mega event. The prize pool will be shared by participants, who can also win popular tokens and a signed jersey from Leo Messi.
On October 28, KCGI will open registration. As for the registration period and the phased rewards system, Team Battle closely ties to the World Cup theme. Moreover, two new reward modes will be introduced; the Invitational Competition rewards players for the number of referrals they bring to the competition, and the Individual Fun Competition allows participants to earn ‘football points’ which can be redeemed for mystery token boxes. KCGI members will be able to join forces, trade and win a wide range of rewards through the Team Battle.
Bitget has announced its partnership to Leo Messi, an iconic Argentinian footballer. It aims to provide Messi-lovers with a rare opportunity to explore Web 3 as well as the crypto community while engaging with the soccer star. Winners of KCGI will have the opportunity to get the signed jersey of Messi, in addition to the trophies and other awards.
KCGI was launched in 2021. The appeal of KCGI is huge. In fact, both the previous two competitions received more than 12,000 participants. The most recent KCGI Spring competition, KCGI 2022: The Throne’s Calling, closed with a total participation of 4,754 trading enthusiasts from all over the globe.
Gracy Chen, Managing Director of Bitget, comments, “We are glad to see that KCGI has already become one of the most desired events in our community and the industry. We feel that the tremendous response of traders and outstanding performance by winners have pushed us to move the tournament forward. The competition system has been optimised with more trading options and a new theme for the global soccer mega-event. This is more than just about investing. It’s also about having fun. We want Web 3 to be accessible to everyone. We believe that trading is better and life better are inseparable. This is why we have formed partnerships with sports legends. Bitget’s social trading initiative and our global futures trading tournament, KCGI, are naturally synergistic.”
“The launch of this season’s KCGI also coincides with the integration of our new ‘Bitget Insights’ feature, where crypto trading insights and information can be disseminated in a social media-friendly format – without the shilling, spam or misinformation. Bitget Insights is available to all users of our platform, including KCGI players. This allows them to find smarter trades and technical analysis that could give them an edge over their competitors. Not financial advice but, as the last few seasons have shown, the competition is fierce in KCGI.”
For more details on the KCGI Fall 2022, please visit https://www.bitget.com/en/KCGI2022
About Bitget
Established in 2018, Bitget is one of the world’s leading cryptocurrency exchanges with a core focus on social trading. Bitget currently serves over 2 million people in 50 different countries. Bitget has a 600 strong workforce to help it achieve its goal of decentralised financing.
Since Bitget’s official launch in the crypto derivatives market in June 2019, the platform has now become one of the world’s largest crypto copy trading and derivatives exchanges and is ranked in the top five globally by CoinGecko for derivatives trading by volume. Its primary goal is to transform the way people trade and communicate with social trading. One-Click Copy Trade, the flagship product, has been a leader in social trading. With over 55,000 traders following, and an estimated 1.1 million subscribers, it is changing the way crypto derivatives traders trade.
Adhering closely to its philosophy of ‘Better Trading, Better Life’, Bitget is committed to providing comprehensive and secure trading solutions to users globally, aiming to be the portal that transcends Web2 and Web3, that connects CeFi and DeFi, resulting in an expansive bridge to the vast web of crypto. In September 2021, Bitget announced its sponsorship of world-renowned football team Juventus as its first-ever sleeve partner and PGL Major’s official esports crypto partner soon after. The partnership was announced with Team Spirit, the world’s leading esports organization in 2022.
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