Our 5 Top Crypto Competition Sites 2022

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This article is supplied by Crypto PR and is not necessarily representative of the views of The Herald

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Crypto competitions are the new way to win free crypto coins because tournaments offer you a chance to get new crypto and expand your portfolio. Many crypto exchanges see an opportunity in competition to increase the trading volume and attract more traders onto the platform. Hence, there are many crypto tournaments.

In crypto competitions, players can earn rewards – crypto, NFT, trading bonuses, gift cards, stablecoins, and various products. However, you have to be careful when choosing the best free competitions in the UK because there may be scammers who would misuse your efforts. Therefore, we bring you the 5 top competition sites 2022 for crypto tournaments, and we deep dive into the requirements every competition site must own.

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>>>Find the Best Free Competitions in the UK<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

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Here’s our pick of the Best Free Competitions UK

  • Lucky Block – $10,000 prize draw
  • Binance – Prize draw varies depending on the type of competition.
  • WSOT – 2,400,000 USDT Prize Draw
  • Phemex – Varies between competitions
  • C-Trade – $20,000 trading bonus

Here is a bit more about each best free competition UK, including the prize draw and participation rules.

>>>Find the Best Free Competitions in the UK<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

Lucky Block is our favourite free competitions UK site in 2022

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Lucky Block is a lottery service that uses blockchain technology to ensure transparent and fair gameplay. This is a fast-growing project that first started in 2021 and that wants to create a space where every player has the same chance of winning.

In 2022, Lucky Block also released an NFT called Platinum Rollers Club, and all tokens are now listed on a sale. NFT owners also get exclusive access to prize draws. To enter a draw, users have to buy NFT, and they will be in a lottery for their lifetime.

The prize draw is as follows:

  • $10,000 daily prize pool for Platinum Rollers Club NFT holders
  • Every NFT you buy is an entry to the daily NFT prize draw
  • Users can win 2x the daily jackpot if they have the rare edition of the NFT
  • You can trade on the NFTLaunchpad, Lucky Block’s trading platform
  • You also get access to a Telegram channel with 50,000+ other investors

As a part of their marketing strategy to promote the Platinum Rollers Club NFT, Lucky Block organized a free giveaway drawing, and users have a chance to win a Lamborghini. The only requirement to enter the giveaway is to buy a Lucky Block NFT, and in that case, you will automatically enter a giveaway. Each Lucky Block prize draw is valued at around $10,000, and each token has 1-in-10,000 chances of winning. There are also 25 rare NFTs in the collection, and they enable users to double their prices if they win a jackpot.

Daily prize draws are accessible only to NFT holders and separated from the main game. The NFT jackpot will amount to around 2% of the man lottery draw. The funds for the prize are collected in the Main Draw Pool, which is an address on the blockchain that everyone can see. The current pool is valued at $2.2 million.

>>>Find the Best Free Competitions in the UK<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

Futures Grand Tournament is among the Top 5 competition sites in 2022

Binance, one of the most famous crypto trading platforms, organizes crypto trading competitions. The platform organizes various competitions frequently, and from time to time, they also organize tournaments with big prize pools. One of them was the Futures Grand Tournament that was held in 2021. Last year’s competition included various teams that players could join, and, additionally, users could enter the tournament anytime during the challenge.

Players could win $1,800,000 in awards. The platform had competition for solo players, teams, broker solo competition, and referral challenges. One of the latest tournaments Binance organizes is the chance to win 1 Bitcoin with a Binance card. The first 10,000 users who complete tasks will get the 5 BUSD token voucher, and among them, only five users will get 1 Bitcoin token voucher.

>>>Find the Best Free Competitions in the UK<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

WSOT (The World Series of Trading) is one of the largest competition sites

WSOT is one of the largest crypto competitions in the world organized by Bybit. The competition takes place every year in the summer, and the prize pool includes 2,400,000 USDT. From this sum, 1,500,000 USDT goes to the solo Showdown Prize Pool, and last year, WSOT also awarded 1,339 NFTs to players and 400,000 USDT to UNICEF.

Additionally, every player that registers early will get some bonuses – $20 if you join the pool early, $50 if you join early and hit a trading volume of at least 30,000 USD, or an additional $10 if you are among 10 players to join the troop. The competition is skill-based, and the rankings are made based on the win and loss ratio. If you have more wins, you are more likely to be in a draw for a prize. But if you don’t win, there are consolation prizes – a 20% reduction of trading fees on the Bybit platform or up to $9,400 in bonuses.

>>>Find the Best Free Competitions in the UK<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

Phemex is a free competition site with regular tournaments

Phemex is a crypto trading exchange with a mission to allow fair financial access to everyone, without any borders and behind backgrounds and beliefs. The Phemex team wants to give traders freedom and the same trading abilities without exclusivity or privilege. This platform organizes crypto competitions often, and players have chances to win various awards. The more they participate in tournaments, the higher the chances of winning something. The Phemex team will determine the winners based on their ability to adapt, assiduity, and foresight.

One of their latest draws offered a chance to win a $20,000 trading bonus. Users had to choose one of the pairs offered in the draw and trade with it during the competition period. The pair with the highest trading volume will then be a winner, and everyone who traded with it will earn one part of the trading bonus. Additionally, the top contributor of each pair (winning pair or not) will also earn $200 from the prize pool.

>>>Find the Best Free Competitions in the UK<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

C-Trade hold competitions often

This competition held on the C-Trade trading platform differs in a prize draw for each tournament, but the entry requirements are simple.  In most cases, crypto traders who traded during a specific period will automatically enter the draw and get a chance to win an award.

In most cases, you can trade as much as you like, and at the end of the competition period, you will get your equal share of the prize pool deposited on the account. The remaining prize pool will be divided among the top 100 participants with the highest trade share. The prize pool will be higher if more people attend the event. The last C-Trade competition finished on April 14th, and in the current one, players can win a $20,000 trading bonus when they trade with Ethereum.

>>>Find the Best Free Competitions in the UK<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

How to join the Lucky Block Prize Draw?

If you want to join the Lucky Block Prize Draw and get a chance to win Lamborghini, you have to buy Lucky Block’s NFT.

Here is a detailed guide that will help you buy Platinum Rollers Club or Lucky Block’s NFT.

 

How to buy Platinum Rollers Club on NFTLaunchpad?

Step # 1 – Open Binance Smart Chain in MetaMask

By default, MetaMask will take you to the Ethereum-based network. If you want to change to BSC, head to the wallet and select Binance Smart Chain. In the case you do not see it, go to Settings – Network – Add Network, and add the following instructions:

Network Name: Smart Chain

New RPC URL: https://bsc-dataseed.binance.org/

ChainID: 56

Symbol: BNB

Block Explorer URL: https://bscscan.com

Return to your network settings and select Binance Smart Chain, close the view, and you should be able to see the Binance network under your wallet options.

Step #2 – Get WBNB

To get WBNB, you will need to swap them with BNB. Ensure you have more BNB than the amount you want to exchange because you will need to pay gas fees.

Step #3 – Connect to Launchpad and connect the account with your wallet

Go to the website and choose to link your wallet, and make sure you are on the Binance network.

You are then ready to explore the site and purchase your tokens.

Step #4 – Buy Platinum Rollers Club

When ready to buy, click on the button buy now. You won’t be able to see what token you purchased until the platform completes your transaction.

Only when the software proceeds transaction you will be able to find out what image you purchased and if you are the lucky owner of the rare Luck Block NFT.

 

>>>Get Lucky Block Platinum Rollers Club<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

 

What to look for in the best free competitions UK sites in 2022?

  • The first thing to check if you want to join the crypto competition is if the website organizing it is legit. In most cases, you will be required to leave your personal information, and you do not want your data to end up in the hands of someone who might misuse it.
  • Check reviews of the crypto exchange to see the service they offer because you will have to create an account on the platform if you want to participate.
  • Check the competition rules because some tournaments require money investments, and some are free.
  • Also, check the last year’s winners, if possible, to see where you rank in terms of chances to win.

>>>Find the Best Free Competitions in the UK<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

To wrap up – Top 5 Competition Sites 2022

Crypto tournaments are the perfect chance to show your trading skills and earn rewards. There are many of them, and the participation requirements are different depending on the organizers, so finding the best free competitions UK is not easy.

Our best one is the Lucky Blocks tournament, where you have a chance to win Lamborghini! The giveaway they organize is a part of their marketing strategy to promote their newly-launched NFT, so you still have time to participate.

This article is supplied by Crypto PR and is not necessarily representative of the views of The Herald





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