Bitget: KCGI 2023 trading tournament has a helicopter among the prizes

Bitget, the popular crypto-trading company, has announced the King’s Cup Global Invitational (KCGI) 2023, the event that brings together traders from around the world with prizes including a helicopter

Bitget: the KCGI 2023 with prizes including a Cybersquad Tesla and an Airbus H135 helicopter

Bitget has announced the long-awaited King’s Cup Global Invitational (KCGI) 2023, the global spot, futures, demo and copy trading crypto competition.

Basically, traders from around the world are ready to compete and win prizes like the $2.65 million in USDT, and other breathtaking prizes like a Tesla Cybersquad and an Airbus H135 helicopter.

Specifically, KCGI 2023 opens for entries on 18 August, initially with the Spot Trading Contest, followed by the Demo Trading, Futures Copy Trading and Futures Trading Contest.

Traders will be able to participate in the competition either individually or in teams, seeking the main prize pool. 

Bitget and the KCGI 2023: who will win the helicopter?

Bitget’s signature KCGI 2023 aims to be something extraordinary, like winning a helicopter. Participants can also attend two other events, the gripping roulette game and the live roulette session. 

This 2023 is the third edition of the KCGI and seems to be experiencing explosive growth in recent editions, garnering more than 32,000 participants and just under 200 teams from around the world in the KCGI 2022: Football Edition. 

In this regard, Gracy Chen, Managing Director of Bitget, said:

“As we gear up for KCGI 2023, we are thrilled to present traders worldwide with an exceptional opportunity to showcase their skills and compete for the most remarkable prize pool we ever have. At Bitget, we believe in fostering a dynamic and diverse cryptocurrency exchange, and KCGI represents another step towards achieving that vision.

With an exciting lineup of contests, including spot trading, futures, and copy trading, we invite participants to join us in this trading extravaganza and experience the smarter trading journey that Bitget offers. We look forward to witnessing the enthusiasm and talent of our global trading community as we embark on this exhilarating journey together.”

Updating Know-Your-Customer (KYC) verification requirements

Recently, Bitget also announced to its new and existing users the new updated Know-Your-Customer (KYC) verification requirements, which will go into effect on 1 September. 

Specifically, the crypto-exchange wanted to strengthen the user identification process to make trading a secure environment. 

So, starting 1 September 2023, new users on Bitget will have to complete level one KYC verification, only then will they be able to access all crypto services. 

As for existing users of the platform, they will be able to upgrade their KYC requirements by the end of September. 

For those who find themselves on 1 October without having completed level one KYC verification, they will only be able to withdraw, cancel orders, redeem subscriptions and close positions, without being able to create new trading orders.