CoinW Legend Cup Concludes with Record-Breaking Success: $151 Billion in Trading Volume and Over $100 Million in Profits
CoinW, a leading cryptocurrency exchange, has successfully wrapped up its 7th Anniversary Trading Competition, the CoinW Legend Cup (CWLC). The month-long event marked a historic milestone in the exchange’s 7-year journey, attracting 40,000 traders worldwide and generating an impressive $151 billion in trading volume. Participants collectively secured over $100 million in profits, establishing the CWLC as a flagship celebration of CoinW’s commitment to innovation and community engagement.
A Platform for Strategic Trading and Innovation
The CWLC was more than just a trading competition — it served as a hub for empowering traders with innovative tools and strategic opportunities. CoinW rolled out Spot Grid Trading and Futures CTA in August 2024, building on the success of its Futures Grid Trading launched in October 2022. These features enable users to automate their trading strategies by buying low and selling high within predefined price ranges, making trading smarter and more efficient.
To enhance the trading experience further, CoinW allocated an additional 100,000 USDT exclusively for grid trading enthusiasts, fostering an active ecosystem where traders could refine their strategies and optimize performance. This initiative underscores CoinW’s unwavering commitment to creating a dynamic and supportive environment for traders of all levels.
Blending Trading with the Passion of Sports
CoinW has long been at the forefront of integrating cryptocurrency and sports, highlighted by partnerships with global icons like Andrea Pirlo and sponsorships of top-tier tennis players during the 2024 U.S. Open. The CWLC continued this tradition with the Pirlo Card Ignite Sub-Event, which awarded 200,000 USDT from the $1 million prize pool to participants completing various tasks such as daily trading tasks and referrals.
This exclusive sub-event saw 20,000 participants ignite “C”, “O”, “I”, “N”, “W”, and “7” cards, competing for rewards including a Tesla Cybertruck, Xiaomi SU7 Max, and other coveted prizes. CoinW once again proved its ability to engage and inspire its community.
Significant Prize Pools Achieved
The CWLC featured a tiered reward structure for both spot and futures trading, with the prize pools scaling based on participation levels. The overwhelming response from traders unlocked the highest reward tiers $200,000 prize pool for spot trading and $560,000 for futures trading.
These accomplishments highlight CoinW’s dedication to fostering an inclusive, community-driven trading competition.
The Numbers Speak for Themselves
- Total Trading Volume: $151 billion
- Spot Trading Volume: $1 billion
- Futures Trading Volume: $150 billion
- Total Profits Earned by Traders: $100 million
- Participants: 40,000 traders
A Benchmark in Crypto Competitions
The CWLC’s success underscores CoinW’s mission to set new standards in the cryptocurrency industry. With innovative tools like grid trading, strategic collaborations, and a focus on community building, CoinW has redefined what trading competitions can achieve.
Whether navigating bullish or bearish markets, CoinW remains steadfast in prioritizing security, innovation, and delivering value to its users. As the exchange celebrates its 7th anniversary, the CWLC stands as a testament to its growth, resilience, and commitment to shaping the future of cryptocurrency trading.
