Crypto exchange Bitget has announced the annual King’s Cup Global Invitational 2022 (KCGI) tournament. The competition will take place from 20 May to 10 June.

“Kings’ Cup” participants will trade futures in individual and team rankings. Registration does not require KYC.

The main prize pool of the tournament will be up to 200 BTC. In addition, the crypto exchange will draw additional prizes: monitors, gaming chairs, bicycles and other valuables.

To enter the individual competition you need:

• Apply on the tournament page from May 9 to May 24;
• Keep at 300 USDT in a time deposit account.

To participate in the team classification, you must meet the above conditions and gather at least 20 people. The captain must save the team and get a link for other users to join.

Traders can compete in team and individual classifications at the same time. The exchange will publish detailed rules before the tournament starts.

Bitget is a Singapore-based crypto exchange that has been operating since 2018. The platform supports futures and spot trading for 240 cryptocurrencies.

Recall that in October 2021 Bitget became the sponsor of the biggest CS:GO tournament.