Crypto exchange WhiteBit, the largest trading venue in Europe by traffic, is sponsoring the first International Crypto Trading Cup 2025 (ICTC), with the participation of 8 traders from around the world.
WhiteBit Hosts First Ever Livestream Crypto Trading Cup
The event takes place from May 9 to 10, with a real-time streaming narrating every detail of the competition. On the last day, the trader with the best Profit and Loss (PnL) will take up to $5 million.
The crypto trading platform created the event with a unique format: the traders will perform live and demonstrate their skills in real time. In that way, viewers will have a chance to learn from their decision-making process, their strategies, and risk management tools.
Volodymyr Nosov, Founder and President of WhiteBIT Group, stated the following regarding the event and its educational focus:
The idea for ICTC started as a friendly challenge to compete in crypto trading live. From that spark, our team developed a vision for a global championship that could elevate the industry—one where top world traders will gather on one big stage to showcase their strategies and compete for the title of the world’s best. Our mission is mass blockchain adoption, and with ICTC, we aim to make crypto trading accessible and exciting in a brand-new format.
Taking Crypto Trading To The Next Level
The Bitcoinist staff had a chance to sit with the participants before the livestream. The traders from all over the world, many with over 5 years of experience in the field and different backgrounds, gave a brief description of their styles and the most important thing that every successful trader needs: discipline and focus.
One of the traders claims that “trading is the most difficult job in the world,” thus why every trader needs to pick the best strategy that fits their personality, because trading is a “mental and technical challenge.”
Before the competition, many of the traders had to change their strategies to adapt to the tournament. Some traders more used to operating on higher timeframes switched to a more volatility-driven style, while other traders relied on classical indicators to measure volatility and create market profiles to stay profitable.
Others simply went with the trend, by gauging the Bitcoin Dominance on lower timeframes, one of the traders attempted to successfully predict the price action in the altcoin market.
As the Bitcoin price rose above the critical $100,000 level, and the market bias moved to a more bullish stance, the traders had to adapt, but as one of the traders told us, market sentiment is often just one of the many factors to consider when building a strategy.
In this regard, another participant gave important advice to those traders looking to launch their own careers and stay profitable. According to this operator, every trader needs to pick a strategy and test it over time, the key lies in sticking to a single strategy that works for you.
As mentioned, the event will continue until tomorrow, May 10, with a duration of 12 hours in total. Each trader is obligated to open a minimum of 3 positions every hour, adding more pressure to an already intense competition.
The Bitcoinist staff will closely monitor the competition on-site and bring more exclusive content from the event. Stay tuned!
Pictures taken by the Bitcoinist staff, chart from Tradingview.com
