Deribit And SignalPlus Host 100,000 USDC Crypto Options Trading Competition

Deribit, the world’s leading Bitcoin and Ethereum options exchange, and SignalPlus, a prominent options trading dashboard, have teamed up to present a high stakes Options Trading Competition.

With a substantial 100,000 USDC prize pool and up to 500 winners, this competition is open to all retail participants using their Deribit accounts to trade cryptocurrency options on the SignalPlus platform.

Registrations are now live through December 15th. The competition will begin on November 6th at 8:00 a.m. GMT and conclude on December 15th at 8:00 a.m. GMT.

Register: t.signalplus.com/activities/deribit

Deribit Chief Commercial Officer Luuk Strijers commented on the news, “We’re excited to kick off this options trading competition in partnership with SignalPlus. At Deribit, we’re dedicated to promoting excellence in the world of derivatives, and this competition is an embodiment of our commitment. It’s not merely about trading options, it’s about pushing boundaries and nurturing a culture of continuous growth. We eagerly anticipate the participation of traders from diverse backgrounds who will come together, compete, and collectively shape the future of the options market.”

In this thrilling combat, participants will have the chance to test their options trading skills in four dynamic rounds, each with its own unique opportunities to win big.

“We’re absolutely thrilled to join forces with Deribit for this exhilarating options trading competition. At SignalPlus, we’re passionate about empowering traders and investors with the tools and insights they need to succeed. Teaming up with Deribit for this competition aligns perfectly with our vision of fostering excellence in trading.” stated SignalPlus co-founder Chris Yu

Individual Round with a generous prize pool of 30,000 USDC, allows traders to go head-to-head, showcasing their trading prowess in the crypto options arena.

Collaborate, strategize, and compete as a team in the Team Round. With a prize pool of 30,000 USDC, the team competition fosters camaraderie and encourages traders to work together for a common goal, showcasing individual and collective brilliance.

But the excitement doesn’t stop there – Daily and Post-Competition lotteries, each with a tantalizing 20,000 USDC prize pool (& 10 lucky winners each day), offer participants additional avenues to secure substantial winnings.

To further enhance participants’ trading skills, we’re offering 8 master-level options AMAs absolutely free, please stay tuned to the Twitter announcements from SignalPlus and Deribit for more details. Participation in these courses may also grant them additional eligibility for the trading competition’s lottery.

Get ready for a contest that promises to challenge your skills and reward your determination and trading acumen.

Here is how you can connect your Deribit account with SignalPlus.

Don’t miss this opportunity to strive for victory!

About Deribit

Deribit is a centralized, institutional-grade crypto derivatives exchange for options and futures trading. Deribit’s state-of-the-art infrastructure offers instantaneous price discovery, low latency trading, advanced risk mitigation services, and deep liquidity via its network of top-tier market makers. Led by a team with decades of experience in options trading across all markets, Deribit facilitates a significant majority of all crypto options trading and has robust proof of assets and liabilities procedures to ensure the exchange is held to the highest of standards.

For additional information, visit Deribit here.

About SignalPlus

SignalPlus offers a world class options trading dashboard that covers risk tracking, profit/loss attribution, strike and theta analysis. Users can execute multi-legged orders with embedded algorithms, minimizing slippage. Additionally, they can conduct in-depth profit/loss and exposure assessments using simulation tools and scenario analysis. SignalPlus also automates delta hedging across varying market conditions and provides real-time trade notifications through Telegram.