KuMEX completes first round of simulated trading, top trader up 6,336%

18 Jul, 2019
Exchange
KuMEX completes first round of simulated trading, top trader up 6,336%

KuCoin have concluded their first round of simulated trading for their new margin trading platform set to launch within the next month.

KuCoin's margin trading platform, KuMEX has completed their first round of simulated trading to test the platform out with users. The simulated trading competition saw 10,000 KuCoin Shares (KCS) up for grabs. 

After a successful round one, the top trader managed to turn one demo Bitcoin into nearly 64 Bitcoin. While the 1 Bitcoin being given on the exchange does not represent an actual Bitcoin, but rather a demo BTC, the top trader was up 6,336% to take top spot and claim 1,000 KCS, roughly $1,350. 

Second place managed to turn their 1 Bitcoin into 5,176% with the rest of the top 10 all clearing 1,000% in gains. 

Round 2 has already begun for the KuMEX simulated trading competition, which sees another 10,000 KCS up for grabs. Round 2 runs from 15 July to 22 July and will once again see the top spot claiming 1,000 KCS.

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Read more about: Kucoin

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