ProBit Global has announced ETH as the next token for its series of trading competitions. The crypto trading contest gives traders a low-risk way to win additional assets, with a total prize pool of 5,000 USDT up for grabs in this latest edition. The ETH edition of ProBit Global’s popular trading competition comes in the wake of Ethereum’s successful completion of its Shapella upgrade. The opportunity to win a share of the 5,000 USDT prize pool in return for trading the second-largest cryptocurrency comes as the dust settles on speculations around the upgrade’s impact on ETH’s price.
Despite what some market insiders had earlier suggested, data from token.unlocks and analytics firm, Glassnode, have now shown that the impact of the upgrade was not as severe as expected. Rather, it strengthened the resolve of many from within and beyond the Ethereum community to acquire some ETH as they consider the long-term impact of the shift from the Proof of Work (PoW) to the Proof of Stake (PoS) mechanism.
![8 ALTCOINS 👉 INSANE CRYPTO NEWS! [Gala, Polkadot, Theta] + Ethereum Merge in 7 DAYS!](https://urecomm.com/wp-content/uploads/2023/06/1685597728_hqdefault-120x86.jpg)
“Considering the tidal energy that an improved Ethereum network will likely produce over time, it seems like a good time to get some ETH into the hands of more crypto enthusiasts—both new and old,” says ProBit Global Product Marketing Manager, Berkay Tuncay. “All eyes have been on the Shapella upgrade and the entire transition that Ethereum has been going through for some time.”
The upcoming competition enables traders to test their trading skills as the Ethereum network evolves with exciting opportunities, which some industry insiders say could see it diverge from Bitcoin and even increase in value. The top 20 volume traders—ranked in total trading volume at a USDT rate—in the ETH/BTC and ETH/USDT trading pairs will share the total prize pool of 5,000 USDT. The top trader will get 450 USDT, while the last in the order (20th) will get 175 USDT.
ProBit Global is a Top 20 cryptocurrency platform featuring access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors and boasts a user base of more than 2,000,000 active users globally. With a powerful crypto trading interface, easy integration for automated crypto trading bots, fiat on-ramp support for 45 currencies, and a multilingual website in 46 languages, ProBit Global has all the features to make your cryptocurrency trading experience easy.
To be eligible for the competition, traders must stake a minimum of 100 PROB. Additionally, the membership level of each trader based on the amount of PROB staked will help unlock even lower trading fees. Other exclusive ongoing events on the ProBit Global platform include the Buy Crypto event, Crypto Buying Blitz, and Learn & Earn: Smart Satoshis.
ProBit Global reminds readers that the information provided on this website is for informational purposes only and does not constitute financial advice. ProBit Global is not responsible for any losses or damages arising from the use of this website or any of the information contained herein.
![8 ALTCOINS 👉 INSANE CRYPTO NEWS! [Gala, Polkadot, Theta] + Ethereum Merge in 7 DAYS!](https://urecomm.com/wp-content/uploads/2023/06/1685597728_hqdefault-350x250.jpg)
