The Bitrader Trading Competition is a high-energy, performance-driven event designed for skilled traders who are ready to showcase their strategic prowess in the fast-moving world of digital asset trading. Hosted on a trusted global platform, this competition offers participants the chance to prove their abilities, climb the ranks, and potentially earn significant recognition—all within a transparent and rules-based environment.
Whether you're an experienced trader or stepping into competitive trading for the first time, this guide breaks down everything you need to know—from eligibility and registration to scoring mechanics and performance tracking.
🗓️ Competition Calendar
Mark your calendars: timing is critical in both trading and participation.
- Registration Period: 29 August 2024 00:00 (UTC) – 19 September 2024 23:59 (UTC)
- Competition Period: 02 September 2024 00:00 (UTC) – 20 September 2024 23:59 (UTC)
Note: The Competition Period defines the window during which all trading activity will be evaluated. However, registration must be completed before the deadline to ensure eligibility.
👉 Discover how top traders maximize their performance during live competitions.
✅ Eligibility Requirements
To participate in the Bitrader Trading Competition, certain criteria must be met. These rules ensure fairness, compliance, and a level playing field for all entrants.
Who Can Join?
- You must click the "Join Now" button and confirm that it changes to "Enrolled". Without this confirmation, your participation is not valid.
By enrolling, you consent to having your Profit and Loss Percentage (PNL%) displayed publicly on the official leaderboard. This may include:
- Your OKX UID
- PNL%
- Email address (partial display)
- Rank relative to other participants
Your data will be shown in a way that protects sensitive personal information. If you wish to withdraw consent at any time, contact support directly.
Affiliate-Only Access
This competition is exclusively available to affiliate invitees—users who:
- Registered using an affiliate registration link, or
- Entered an affiliate invitation code during sign-up
Standard public registrations are not eligible.
Account Restrictions
- Only main accounts qualify.
- Sub-accounts cannot participate.
- Trading activity from sub-accounts will not be counted toward the main account’s performance.
Geographic Limitations
Due to regulatory compliance, users from certain jurisdictions are not permitted to join. For a full list of restricted regions, refer to clause 2.2 of the OKX Terms of Use. Eligibility is determined based on verified user information.
💼 Asset & Trading Volume Requirements
Meeting the financial benchmarks is essential for qualification. Two key thresholds must be satisfied:
1. Minimum Account Balance
- Your main trading account must reach a balance of at least 300 USDT at any point during the Competition Period.
- Once this threshold is met, the PnL Period begins—from that moment until the end of the Competition Period.
The PnL Period is when your trading performance is actively measured.
2. Minimum Trading Volume
- You must achieve a USDT perpetual contract trading volume of at least 100,000 USDT during the PnL Period.
- This volume is used to calculate both individual and team P&L.
- Failure to meet this requirement results in an invalid score, and you will be excluded from the leaderboard.
⚠️ The competition will only proceed if at least 10 qualified users participate. If fewer than 10 meet all criteria, the event will be canceled with no liability to the platform.
📊 Valid Contracts and Trade Types
Not all trades count toward your competition score. To ensure consistency and fairness:
- Only USDT-margined perpetual swap contracts are eligible.
- These are referred to as Eligible Contracts.
Trading volume is calculated based solely on your own USDT—excluding platform rewards such as:
- Rebate cards
- Contract vouchers
- Bonus credits
This ensures that performance reflects real trading skill, not promotional advantages.
🧮 How P&L% Is Calculated
Understanding the scoring system is crucial for optimizing your strategy. The competition ranks participants by Profit and Loss Percentage (P&L%), calculated as follows:
🔢 P&L% Formula
P&L% = (P&L / (Initial Equity + Total Deposit Amount)) × 100%Let’s break down each component.
What Is P&L?
P&L = Unrealized P&L + Realized P&L - Initial Unrealized P<his formula captures net gains or losses during the PnL Period, adjusting for starting positions.
Definitions
Initial Equity:
The USDT balance in your main trading account during the first five minutes of the PnL Period.Note: Withdrawals or losses during the PnL Period do not affect this value.
Total Deposit Amount:
The sum of:- USDT transferred from non-trading OKX accounts to your main trading account
- USDT earned through spot trades within your main account
USDT obtained via contract vouchers
Again, withdrawals do not impact this total.
- Initial Unrealized P&L:
The value of your open USDT perpetual swap positions at the very start of the PnL Period.
This comprehensive formula ensures accurate, fair evaluation of each trader’s actual performance.
❓ Frequently Asked Questions (FAQ)
Q: Can I use leverage during the competition?
Yes. There are no restrictions on leverage usage for eligible USDT perpetual contracts. However, higher leverage increases risk—manage your positions wisely.
Q: Does spot trading count toward the required volume?
No. Only USDT perpetual contract trades contribute to the 100,000 USDT volume requirement. Spot trades do not qualify, though profits from spot trading can increase your Total Deposit Amount.
Q: What happens if I withdraw funds during the PnL Period?
Withdrawals do not affect Initial Equity or Total Deposit Amount, but reducing your balance may impact your ability to maintain open positions or meet margin requirements.
Q: Can I join after the competition has started?
Yes, as long as you register before 19 September 2024 23:59 UTC and meet the 300 USDT balance threshold during the Competition Period.
Q: How is the leaderboard updated?
Leaderboard rankings are updated in real-time based on P&L%. You can track your progress throughout the PnL Period.
👉 See how elite traders maintain consistent performance under pressure.
🔑 Key Takeaways for Success
To maximize your chances in the Bitrader Trading Competition:
- Register early—don’t wait until the last minute.
- Ensure you’re an affiliate invitee with verified identity.
- Maintain a balance of at least 300 USDT to activate your PnL Period.
- Focus on high-volume USDT perpetual trades—not spot or other derivatives.
- Monitor your P&L% closely via the public leaderboard.
- Avoid sub-account usage—only main account activity counts.
Final Thoughts
The Bitrader Trading Competition isn’t just about profit—it’s about precision, discipline, and proving your edge in a competitive environment. With clear rules, transparent calculations, and a focus on real trading performance, it offers a legitimate stage for traders worldwide (where permitted) to shine.
Whether you're aiming for the top spot or simply testing your skills against others, this event provides valuable experience and insight into high-stakes trading dynamics.
👉 Start preparing now and refine your strategy for peak performance.