Round 1 of Trading Competition for Beta Test has Concluded

After 1 week of busy trading on our testnet, the 1st round of trading competition of BaseFEX has now concluded successfully.

We appreciate every user who participated in this competition, for each of you has made a contribution to helping us establish a stable trading platform for crypto derivatives. Some of you even wrote us lengthy emails on encountered problems in our beta system, and the team is now fixing them.

Data shows that our users are from 201 countries all over the world, and the majority of them are from Japan, Thailand, the United States, Albania, and Algeria.

According to the rules previously set, we have checked the margin balances of all participants of the trading competition. Since the funding of competition was in the form of virtual Bitcoins, many users took very aggressive trading strategies, so the results turned out to be quite impressive.

You can check the final ranking at

For those who are in the top 10, we will send out an email to each of you for further information later today. Each winner will be informed of the right procedures of receiving the reward, please keep an eye on your inbox.

Furthermore, we are preparing for a more stable Round 2 of trading competition soon, another 20 BTC will be offered. You are more than welcome to join!