Starting to learn about trading can come with a cost and pretty risky for everyone who wants to try it out. Beginners in crypto trading or someone who wants to start trading would need an initial amount and take the risk of whether gaining a profit or losing the trade in exchange for experience.
As the cryptocurrency space is consistently evolving, more ways and opportunities are also coming in the field in order to onboard more people and teach them about trading and cryptocurrencies.
I came across this decentralized platform where it let its users to experience and learn about trading and incentivize them for gaining profits. This is not an NFT game but it has the Play-To-Earn mechanics that rewards players in a form of cryptocurrencies. The game is called Crypto Premier League - a decentralized gaming and trading platform to earn cryptocurrencies.
Let's Learn About Crypto Premier League.
Crypto Premier League or CPL is a decentralized application where players can learn how trade and get rewarded when gaining a profit. The application is purely decentralized and you are only required to have your own wallet to import or just create a new wallet inside the app.
1. Game Mechanics.
The game is currently purely about trading but it doesn't totally requires its players to spend money on it. The game itself will give its users a $1 million trial fund for trading and you can't withdraw it, you can only use it to buy or sell cryptocurrencies in the game.
The game resets every 24 hours and after that time duration, the game will conclude the 400 players with the most gains and rewards them in $BNB with $1.00 value. For you to win, you need to have more than $0.1 profit and must reach the top 400 rank. The game is pretty simple, pick an asset, trade it with any amount not more than $1 million and wait for 24 hours to be concluded.
2. You can also pay to play.
Of course, it would be a bit boring to wait for 24 hours to play another trade so the game also gives an option for pay to play trading.
It almost have the same mechanics with the free play to earn trading but there are also differences:
Players are required to pay a fee to enter game. But worry not, if you don't win in the game, the game will give 100% of your fee back to your account. And that is so cool!
There are only fewer winners.
The game is very limited compared to the free one (can take up to 4 hours only).
3. Trade Bitcoin and earn $CPL Tokens and $BNB.
Another opportunity I love in the game is playing the MicroTik Games where you long or short Bitcoin and get $CPL tokens if you reach a minimum 40 points with no limits.
The game is only limited to 5 minutes and after the duration, if you have enough points, the game will reward you with $CPL tokens. If you have a good performance and consistently ranking up in the leaderboard, you will also get rewarded with $BNB when the game ended. The game refreshes everyday and there is no limit on playing it.
The $CPL Token.
Crypto Premier League has its utility token with a ticker $CPL. Currently, the $CPL token hasn't launched yet therefore it still don't have its value. The team behind the game are still working on the tokenomics of the token and right now we can only earn it inside the game. When the token is launched, you will get 30% of all your $CPL tokens in the game and the other 70% will be vested for 9 months. So while waiting for its launch and its price, the best thing we can do is to get those $CPL tokens in game as much as we can.
How To Start Playing The Game?
Download the app on Google Playstore.
Import your wallet. For security, you can just create a wallet but make sure to secure the private key.
Start playing the game and get those tokens.
Final Words.
The game/application is very smooth even for low spec mobile devices. Trading in the game is pretty easy and when you get to learn about it, you can possibly get on the leaderboard and get rewarded. For now, we should love getting the tokens of Crypto Premier League as no one knows how potentially it can be when its already launched.
looks like a very good app. I'm thinking of downloading the app right now and playing the game. thanks :)