Alpha Impact is excited to unveil its newest trading competition, presenting highly rewarding incentives to the three highest-performing traders on Binance or Kucoin.
Join the Winning Team: Trade on Alpha Impact or Put your Best Stake on the Pro Traders
Find out what is Alpha Impact Trader Staking and why do people trade and stake on Alpha Impact.
Staking a Trader involves providing FOLO to a Trader with the expectation of earning a return on investment.
In the Alpha Impact Trading Competition, the mechanics are similar to “Poker Staking” but instead of staking on a poker player, participants stake on the trade performance of a trader. This means that one person, known as the “Staker,” provides FOLO funds to “back” another person, known as the “Trader,” to show their belief or support of the direction of how the trader invests in the crypto markets.
Stakers in the competition must choose which trader to stake on, with a maximum of 3 traders to stake on. They should also be mindful of the risk of losses as they stand to lose the same percentage as the trader they stake on. Conversely, they will gain the same percentage of profits in their portfolio if the trader they backed is profitable.
Alpha Impact and the trader will each take a 5% cut of the profits made from the stake as their share.
Overall, staking a Trader is a form of investment that involves providing FOLO to an experienced professional in the hope of earning a profit.
3 primary ways that traders benefit from participating in the trading competition.
Traders who participate in the Alpha Impact Trading Competition stand to gain a lot. Not only can they earn personal profits from their trades, but they can also establish a successful track record and grow their trading community on the Alpha Impact platform. This presents a unique opportunity for traders to profit not only from their own trades but also from their subscribers and stakers, as well as potentially from the prize pool if they place in the top 3 of the competition.
There are 3 primary ways that traders benefit from participating in the competition.
Firstly, the top 3 performing traders will earn FOLO prize pool rewards. Secondly, even if a trader is not in the top three, they can still receive a 5% staker profit if they are profitable during the competition period and have stakers who stake on them.
Thirdly, the competition serves as a confidence boost for traders and their stakers. It can increase recognition for traders who have shown a credible track record, and it can help traders gain more subscribers after the competition is over. Overall, the Alpha Impact Trading Competition is a great opportunity for traders to grow their reputation, earn profits, and gain exposure on a popular trading platform.
The upside of Trader staking is the potential for high returns on investment. Skilled Traders with a proven track record of success can generate significant profits, and Stakers who provide FOLO to these Traders can earn a share of those profits.
Stakers can benefit from the expertise and experience of skilled traders, while earning a share of the profits generated by their investments.
Additionally, Trader Staking can provide diversification benefits for Stakers by allowing them to invest in multiple traders across different markets.
Profit sharing with Traders who use staked FOLO involves a partnership between a Trader and a Staker, where the Staker provides FOLO for the Trader to make investment decisions.
If the Trader generates profits at the end of the competition, the Trader receives a 5% of the profits generated by the Staker’s investments and another 5% goes to Alpha Impact. 90% of profits generated by the Staker’s FOLO and the principal FOLO are returned to the Staker.
The profit sharing arrangement aligns the interests of the Staker and the Trader, as both parties benefit from successful investments.
The Trader has a strong incentive to make profitable investment decisions, as this directly affects their own earnings.The Staker, meanwhile, can earn a return on investment without having to actively manage their own investments
There risks to Trader Staking including the potential for the Trader to suffer losses, which can result in a decline in the Staker’s principal FOLO proportional to the Trader’s losses. This risk is particularly high when staking traders who engage in high-risk or speculative trading strategies.
Overall, trading staking can be a potentially lucrative investment strategy for those who are willing to accept the risks involved. However, it is important for Stakers to carefully evaluate the track record and investment strategies of Traders, and to ensure that they have a thorough understanding of the risks and profit sharing fees associated with trading staking.
Do you think you have what it takes to be a top 3 performing trader? Check out how other traders are performing here
Stakers can stake up to 3 traders, with a minimum stake of $2 FOLO and a maximum stake of $50 FOLO per trader. By staking on the top 3 traders, stakers will also receive a 40% portion of the rewards pool.