#TradersLeague What is an Electronic Trading Alliance?
A trading alliance is a competitive event where participants trade cryptocurrencies for a specific period to compete for rankings and rewards. These alliances can take place on centralized exchanges (like Binance or Bybit), decentralized platforms, or even trading simulators.
🔍 How It Works
🏁 Structure
* Duration: Usually lasts from a few days to a few weeks.
* Format: Can be individual or team-based.
* Objective: Achieve the highest return on investment (ROI), the largest trading volume, or the highest profit during the competition period.
📈 Scoring Criteria
* Based on ROI: The rate of increase relative to the initial balance.
* Based on Volume: The total dollar value of transactions.
* Based on PnL: Actual profit/loss from trades.