BTCC and NBA Star Jaren Jackson Jr. Launch Futures Trading Competition with 500,000 USDT Prize Pool

BTCC, one of the world's longest-serving cryptocurrency exchanges, has partnered with NBA All-Star and Defensive Player of the Year Jaren Jackson Jr. to launch a major trading competition with a 500,000 USDT prize pool. The collaboration marks Jackson's new role as BTCC's global brand ambassador and represents a significant intersection of sports celebrity and cryptocurrency trading innovation.

The BTCC and Jaren Jackson Jr. Trading Competition, running from August 21 through September 21, offers participants the opportunity to compete for substantial financial rewards while engaging with BTCC's extensive trading platform. The competition features two main categories: a futures trading volume competition with 400,000 USDT in prizes and a profit rate competition with 100,000 USDT allocated. The unique structure of the futures trading volume competition includes a prize pool that grows with community engagement, starting at 2,000 USDT and potentially reaching the full 400,000 USDT ceiling based on overall trading activity.

Beyond the monetary prizes, participants have the chance to win exclusive signed merchandise from Jackson himself. Six signed jerseys will be awarded through drawings, with three winners selected from the trading volume leaderboard participants and three from the profit rate leaderboard. Additionally, the top 100 participants on both leaderboards will receive up to 200 JJJ Glory Badges as recognition of their trading achievements.

The competition leverages BTCC's robust trading infrastructure, which includes perpetual futures on over 300 cryptocurrencies and spot trading on more than 200 currencies, including major coins like BTC, ETH, DOGE, LTC, SOL, XRP and SHIB. The exchange offers up to 500 times leverage for major coins and up to 50 times leverage for lesser-known cryptocurrencies, among the highest leverage ratios in the industry according to BTCC. New users also receive 10,055 USDT in welcome rewards upon registration.

BTCC's longevity in the cryptocurrency space—operating since June 2011—is attributed to its commitment to security, with the exchange reporting zero security incidents since inception. As of April, the platform has over 7.04 million registered users worldwide and reported $815 billion in volume for the first quarter, with a 71% surge in futures trading. The exchange maintained a total reserve ratio of 132% for July, marking the fourth consecutive month with reserves well above 100%.

The competition also highlights BTCC's copy trading feature, which allows users to mirror the trades of professional or experienced traders on the platform in real-time. This feature enables newcomers to participate in cryptocurrency trading without extensive knowledge or experience, with BTCC providing 50 USDT loss coverage for the first copy trade to minimize risk.

This initiative represents a strategic move by BTCC to attract new users through sports celebrity endorsement and competitive engagement, potentially expanding cryptocurrency adoption among sports fans and competitive traders. The combination of substantial financial incentives, exclusive merchandise, and gamified trading achievements creates a compelling entry point for both experienced traders and cryptocurrency newcomers interested in futures trading.