Certain Exchange Launches $650k Trading Contests for 2026 New Year Futures Push

2026-01-06 12:23:37

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Source: Cryptonews Original Title: Phemex launches $650k trading contests for 2026 New Year futures push Original Link: A cryptocurrency exchange has launched two trading programs in early 2026, offering a combined $650,000 in prizes and incentives.

The exchange introduced Apex Competition Season 3 and the New Year Futures Boost program, targeting both experienced and emerging cryptocurrency traders.

Apex Season 3 features a $450,000 prize pool distributed across multiple ranking categories, including daily, weekly, and monthly leaderboards. The competition is scheduled to run through Feb. 1, 2026.

The New Year Futures Boost program allocates $200,000 to a risk-mitigation fund designed to provide profit optimization and loss protection for participating traders. The program is set to conclude on Jan. 19, 2026.

The exchange stated the dual programs aim to accommodate traders with varying experience levels and risk profiles. The initiatives are part of the platform’s strategy to expand accessibility in cryptocurrency trading.

Founded in 2019, the platform reports serving over 10 million traders globally. It provides spot and derivatives trading, copy trading, and wealth management services.

The announcement comes as cryptocurrency markets have shown renewed activity in early 2026.

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StillBuyingTheDip

· 01-07 13:26

A prize pool of 650k sounds great, but how many people will actually get a share?

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RugPullSurvivor

· 01-06 21:12

ngl, dropping 650k just to attract new users, this tactic is really cliché... But on the other hand, the risk control fund part is still somewhat interesting.

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FastLeaver