HTX, a global cryptocurrency exchange, is officially announcing the launch of the team competition phase for its “HTTC S1: Blades Out” spot trading event. Ten well-known team leaders have been selected and actively recruit users from around the world to join the team. Participants will compete for a chance to win a $1 million prize pool and a Xiaomi Yu7 Max SUV.
The HTX event team formation will be held and will run until 10:00 (UTC) on July 22, 2025. To register, participants must fill out the provided form, submit their HTX UID, and select their preferred team. All successful subscribers will receive a 10 USDT cashback voucher. Additionally, the 8th, 588th and 888th subscribers will win a $50,000 Xiaomi Yu7 Max SUV each.
The trading competition will continue until 10:00am (UTC) on July 25th, 2025, covering all spot trading pairs on the platform. This event includes two main challenges:
1. Team Trading Volume Challenge. The platform ranks all participating teams based on cumulative spot trading volume. $HTX’s $70,000 total prize pool will be distributed according to the final ranking. The top-ranked team receives 25% of the prize pool, totaling $17,500.
A special “final 24-hour push” mechanism is enabled to increase excitement. The trading volume generated in the last 24 hours is weighted twice for team volume calculations.
2. Team PNL Challenge. To promote stable profitability in spot trading, HTX calculates the total PNL generated by all members with positive returns within each participating team. Teams are ranked based on total PNL and a prize pool of $30,000 will be distributed accordingly. The first-place team receives 30% of the reward.
As an important highlight of HTX’s 12th Annual Celebration, “HTTC S1” aims to enhance user trading skills and profitability through innovative team competitive formats and robust incentive mechanisms. Going forward, HTX will continue to launch more interactive and engaging trading events, providing global users with a fulfilling trading experience and long-term value.
About HTX
Founded in 2013, HTX has evolved from virtual asset exchanges to a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investment, incubation and other businesses.
As the world’s leading gateway to Web3, HTX has global capabilities that enable users to provide secure and reliable services. Following a “Global Expansion, Prosperous Ecosystem, Wealth Effects, Security and Compliance” growth strategy, HTX is dedicated to providing quality services and value to virtual asset enthusiasts around the world. For more information, please contact glo-media@htx-inc.com.
Post HTX launches the HTTP S1 trading competition. It first appeared in Beincrypto.