Huobi HTX launches "Team Competition": Team trading to win a prize pool of 400,000 USDT

According to the official announcement, Huobi HTX's annual flagship event "Peak Competition" has officially begun, with a total prize pool of up to one million dollars. The event started on October 31 and will last until December 16, featuring three main tracks: points competition, individual challenge, and team competition, gathering global traders to comprehensively test participants' strategy execution and market insight, creating the strongest annual trading gala.
The "team competition" will kick off on November 11, where teams can participate in spot/contract trading for a chance to share a luxurious prize pool of 400,000 USDT. The announcement states that the team formation period is from November 11, 18:00 to November 26, 18:00 (UTC+8). A single asset account of ≥100 USDT and a team size of ≥5 members will constitute a successful team formation. The trading period will be from November 26, 18:00 to December 16, 18:00 (UTC+8). The event features both spot and contract tracks, each with a prize pool equivalent to $200,000 in HTX tokens. The top 20 teams by total trading volume will share the prize pool. The team leader can enjoy 10% of the internal team prize pool, while the remaining rewards will be distributed based on individual trading volume rankings.