In a riveting display of trading prowess, Waqar Zaka, the prominent Pakistani TV host, social media influencer, and crypto enthusiast, has emerged triumphant in the solo trader round of the Bitcoin World Cup organised by one of the world's biggest crypto exchanges.
This remarkable achievement catapulted him to the coveted first position among a competitive field of 3,660 traders from around the world.
Following several days of intense trading, Waqar Zaka managed to generate an impressive profit of $3,012,742 from an initial $100,000 capital provided by Bitget, the hosting platform.
In recognition of his remarkable performance, he secured the top spot and was awarded an $8,000 prize from the pool, marking a significant milestone in the Bitcoin World Cup.
What is demo trading round?
The Bitcoin World Cup commenced with the Demo Trading Round, where all participants received an allocation of $100,000 from Bitget to kickstart their trading endeavors.
Additionally, the top five earners in this round were awarded a share of the $20,000 pool prize, further intensifying the competition among the participants.
Team trading awaits
As the Bitcoin World Cup progresses, the next round will see participants collaborating as teams. The victorious team in this round will be crowned with a substantial $2.6 million prize, adding even more excitement and anticipation to the event.
The Bitcoin World Cup features a diverse range of categories, encompassing Spot Trading, Demo Trading, Futures Copy Trading, and Futures Trading Contests.
Traders have the flexibility to compete either individually or as part of a team, increasing their chances of claiming a share of the remarkable $2.6 million prize pool.
Notably, Bitget's King's Cup Global Invitational (KCGI) 2023 has already witnessed the participation of over 300 teams in the ongoing spot trading competition, demonstrating the growing interest and engagement within the cryptocurrency space. This annual event has seen substantial growth since its inception in 2021, with the 2022 edition drawing over 32,000 participants and nearly 200 teams from across the globe.
Bitget's dedication to innovation and its recent rebranding campaign have solidified KCGI 2023 as a pivotal moment in the cryptocurrency exchange's history. It signifies Bitget's transformation into a dynamic, diverse, and influential player within the cryptocurrency market.
Crypto fortune beckons
As the competition enters its final days, the global crypto community eagerly awaits the announcement of the top three traders who will seize life-changing rewards. Among the prizes are a portion of the substantial $2.6 million prize pool, a Tesla Cybersquad, and the remarkable opportunity to win an Airbus H135 helicopter.
As Waqar Zaka continues his journey in the Bitcoin World Cup, the world watches with bated breath, speculating whether he can secure a spot among the top three traders and claim a piece of the crypto fortune. In the ever-evolving cryptocurrency landscape, one fact remains undeniable – the stakes have never been higher.