Coinbase Launches Perpetual Contract Trading Competition in India with a Maximum Prize Pool of 350,000 USDC

CoinFeed reported on July 8 that Coinbase has launched the "Coinbase Champions Cup: India" perpetual contract trading competition. The total prize pool can reach up to about 350,000 USDC (approximately 330 million rupees), which will be unlocked in tiers based on the cumulative perpetual contract trading volume of all participating users. Currently, the prize pool is at 50,000 USDC. Participants must be legal residents of India, at least 18 years old, open a Coinbase Advanced perpetual contract account, and complete at least 100 USDC trading volume in the designated competition account.