Coinbase kicks off first live trading tournament with $150,000 prize
- —Prize pool for Coinbase Champions is $150,000, with the winner earning the Coinbase Champion title
- —Ten traders are trading perpetual futures live on Coinbase Advanced
- —The event took place on October 8, 2026 in Singapore and was streamed globally on X
- —Coinbase previously held a regional Coinbase Champions Cup in India with a ₹3.3 crore prize pool
Why it matters: The exchange is turning derivatives trading into a spectator show, which could draw retail users into high-risk products.
Source: Crypto Briefing