Coinspeaker
Derivatives Exchange Gemini Preps to Host Trading Competition Next Month
As part of efforts to attract new users to its platform, crypto derivatives exchange Gemini Foundation is set to host its first-ever trading competition next month. The move comes amid Gemini recording a massive decline in its trading volume. As of publication, CoinMarketCap data suggests that Gemini’s trading volume has declined nearly 90% over the past year. That is from about $147 million to $17.9 million.
So, by all means, Gemini would be hoping to leverage the trading competition to shine new light on the platform and reel in new users.
Gemini Shares Competition Details
According to a Bloomberg report, the Gemini Leaderboard competition is slated to begin on August 1, 2023. Once live, the competition will track the performance of crypto traders on the international derivatives trading platform and reward the top performers accordingly.
But, for traders to be eligible to participate in the compet
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