Bitget has launched a two-month global trading league with 240,000 USDT in total prizes as the exchange combines crypto futures and traditional market CFDs in one competition.
Summary
- Bitget has launched the UEX Futures League, combining crypto futures and traditional market CFDs in one global trading competition.
- The two-stage tournament offers a total prize pool of 240,000 USDT, with top teams advancing to a live global championship.
- The launch follows Bitget’s Stock+ rollout and MiCA application in Austria as the exchange expands its multi-asset offering.
According to Bitget, the new UEX Futures League will allow traders to compete across crypto futures and contracts for difference through a single trading account. The tournament is designed around team-based performance, with rankings decided by return on investment.
The competition will run in two separate rounds. Bitget said the crypto futures phase will take place from June 1 to June 30, while the CFD phase will run from July 1 to July 31. Each round carries a 120,000 USDT prize pool.
The exchange said the top eight teams from each stage will qualify for the UEX Global Alpha Tournament, a live invitation-only final for the best-performing teams. Bitget plans to bring 16 teams from around the world into the final stage, with the top three traders from each team taking part.
Finalists will receive an all-expenses-paid trip to an undisclosed location, where they will compete in live trading sessions for the championship, according to Bitget.
Bitget is using competition to promote multi-asset trading
The UEX Futures League comes as Bitget promotes its Universal Exchange model, which brings crypto, commodities, forex, indices and other financial products into one trading environment.
Bitget said the league is not built around simulations or classroom-style learning. Instead, participants will trade in real market conditions while representing their teams and communities.
Commenting on the launch, Bitget CEO Gracy Chen said:
“Trading has always been competitive, but it’s also one of the most social parts of our industry. The UEX Futures League brings those elements together by turning trading into a team experience where users can collaborate and represent their communities.”
Chen added that combining crypto and traditional markets in one competition creates an event focused not only on performance, but also on the people and communities involved in trading.
The format follows Bitget’s recent push to expand beyond crypto-only products. In a separate update, the exchange said its Stock+ feature under Stocks 2.0 allows eligible users to buy real U.S. stocks using crypto.
According to Bitget, users can fund Stock+ trades with digital assets, which are converted into Circle’s USDC stablecoin before the stock purchase is completed.
Stock+ and MiCA plans add context to Bitget’s expansion
Bitget said Stock+ differs from synthetic stock products and derivatives because eligible users gain ownership of the underlying U.S. shares through regulated brokers. The company added that holders may receive cash dividends and stock split adjustments tied to their positions.
The exchange also said Stock+ supports U.S. pre-market, regular market and after-hours sessions, giving crypto holders access to U.S.-listed companies without moving funds through separate banking and brokerage systems.
Alongside product expansion, Bitget EU has also moved on the regulatory front. In a June 17 update, Bitget said its European unit had submitted an application to Austria’s Financial Market Authority for authorization as a crypto-asset service provider under MiCAR.
The company said the application remains under regulatory review. Bitget also told users that existing access to Bitget Global products and services continues under current contractual and legal arrangements posted online.
Taken together, Bitget’s UEX Futures League, Stock+ launch and MiCAR application show the exchange building around multi-market access, team-based trading and regulated regional growth, while keeping crypto at the center of its platform.
No Comment! Be the first one.