Crypto exchange Bitget has rolled out its Long vs Short warm-up challenge, putting $75,000 in Bitcoin and USDT up for grabs. The competition runs from August 25 to September 9, 2026, and serves as the kickoff for the annual King's Cup Global Invitational (KCGI) 2026, which boasts a massive $3 million prize pool.

How the Challenge Works

Traders pick a side—Long or Short—and trade futures in their chosen direction. Each team's total trading volume counts toward the final score. The team with the higher cumulative volume takes the win.

Prizes and Payouts

The winning side will split $20,000 in BTC, while the losing team gets a share of $10,000 in BTC. The overall warm-up prize pool is $75,000, paid out in both BTC and USDT.

KCGI 2026: Kicking Off a Huge Season

This warm-up sets the stage for KCGI 2026—the annual tournament with a $3 million prize pool. The challenge runs from August 25 to September 9, 2026.