{"id":14276,"date":"2026-10-09T09:07:47","date_gmt":"2026-10-09T09:07:47","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=14276"},"modified":"2026-10-09T09:07:47","modified_gmt":"2026-10-09T09:07:47","slug":"coinbase-streams-150000-singapore-trading-cup-and-crowns-its-first-champion","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=14276","title":{"rendered":"Coinbase streams $150,000 Singapore trading cup and crowns its first champion"},"content":{"rendered":"<p><\/p>\n<div data-cs-editorial-figure-scope=\"\" data-cs-editorial-quote-scope=\"\" data-cs-image-viewer-scope=\"\" data-single-article-content=\"\">\n<p>Coinbase streamed an in-person trading competition from Singapore on Oct. 8, advertising $150,000 for the trader crowned Coinbase Champion and presenting the event as a spectator tournament.<\/p>\n<p>The company&#8217;s Token 2049 Champions Cup page billed the contest as an esports-style perpetual-futures tournament featuring 10 traders and one winner. Its standings tracked the traders&#8217; profit and loss in dollars, while the broadcast mixed trading updates with walkouts, jokes and an invitation for viewers to pick a contestant.<\/p>\n<p>At 6:54 p.m. UTC, the event page listed Intern first with $4,263.37 in profit and loss.\u00a0Coinbase CEO Brian Armstrong\u00a0promoted the contest as it went live, saying that \u201cin an hour\u201d one trader would be crowned Coinbase Champion and win $150,000.<\/p>\n<p>Coinbase&#8217;s\u00a0announcement described the in-person competition as live,\u00a0streamed from Singapore.<\/p>\n<p>Coinbase&#8217;s coverage identified several contestants: Ansem (@blknoiz06), @izebel_eth and @intern among its walkout and introduction posts. It also posted updates naming @Goupenguin, @osf_rekt and @insomniacxbt, with @osf_rekt making what the company called a high-energy entrance.<\/p>\n<p>Coinbase joked that @Goupenguin was trading while watching cats, then said @intern had decided to make memes instead and was backing Jez to win. Intern, who later topped the displayed standings, was also a running joke.<\/p>\n<aside id=\"cs-inline-newsletter-1\" class=\"cs-inline-newsletter cs-newsletter-brand\" data-newsletter-edition=\"catalyst\" data-inline-newsletter=\"\" data-newsletter-placement=\"article-midpoint\" aria-labelledby=\"cs-inline-newsletter-1-title\" aria-describedby=\"cs-inline-newsletter-1-copy\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\">\n<div class=\"cs-inline-newsletter__editorial\">\n<p class=\"cs-inline-newsletter__eyebrow\">The Catalyst<\/p>\n<p class=\"cs-newsletter-frequency\">Daily Newsletter<\/p>\n<h2 id=\"cs-inline-newsletter-1-title\" class=\"cs-inline-newsletter__title\">Know what\u2019s moving crypto.<\/h2>\n<p id=\"cs-inline-newsletter-1-copy\" class=\"cs-inline-newsletter__copy\">Start with the stories that matter. Get the context behind the headlines and a clear view of what to watch next.<\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__art\" aria-hidden=\"true\"> <img loading=\"lazy\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/catalyst-newsletter-scrapbook-v3.webp\" alt=\"\" width=\"640\" height=\"640\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/catalyst-newsletter-scrapbook-v3.webp\" alt=\"\" width=\"640\" height=\"640\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<p>During the action, Coinbase said @osf_rekt had moved into first place at 1:32 p.m. UTC. Seven minutes earlier, its @insomniacxbt update said there were 35 minutes left to win the prize.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Exchanges lower token risk values, leaving leveraged traders with less breathing room<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<h2>A separate prize drawing for Coinbase cup viewers<\/h2>\n<p>Coinbase invited viewers to the Champions tab in its app to vote for a trader, but only in certain geographies. Its official rules describe a free promotion: no purchase was necessary, and spending or trading would not improve a participant&#8217;s chance of winning.<\/p>\n<p>Only votes for the winning trader would qualify for a random prize drawing. If traders tied for the highest total profit and loss, votes for any tied trader would qualify.<\/p>\n<p>The rules called for three voting rounds, with one trader selected per round and up to three votes overall. Entry was limited to eligible app users at least 18 and the age of majority, with jurisdiction and, in some markets, onboarding requirements.<\/p>\n<\/div>\n<p>Culture,Exchanges,Featured,Trading,Coinbase,ethereumCoinbase,ethereum#Coinbase #streams #Singapore #trading #cup #crowns #champion1791536867<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase streamed an in-person trading competition from Singapore on Oct. 8, advertising $150,000 for the trader crowned Coinbase Champion and presenting the event as a spectator tournament. The company&#8217;s Token 2049 Champions Cup page billed the contest as an esports-style perpetual-futures tournament featuring 10 traders and one winner. Its standings tracked the traders&#8217; profit and<\/p>\n","protected":false},"author":1,"featured_media":14277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[4183,84,4181,4508,31,3595,7326,244],"class_list":["post-14276","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-champion","tag-coinbase","tag-crowns","tag-cup","tag-ethereum","tag-singapore","tag-streams","tag-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase streams $150,000 Singapore trading cup and crowns its first champion - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Coinbase turns perpetual-futures trading into a live spectator competition, offering $150,000 to the winning trader and prizes for eligible viewers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=14276\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase streams $150,000 Singapore trading cup and crowns its first champion\" \/>\n<meta property=\"og:description\" content=\"Coinbase turns perpetual-futures trading into a live spectator competition, offering $150,000 to the winning trader and prizes for eligible viewers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=14276\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-09T09:07:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/coinbase-trading-cup.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14276\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=14276\",\"name\":\"Coinbase streams $150,000 Singapore trading cup and crowns its first champion - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14276#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14276#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/coinbase-trading-cup.webp\",\"datePublished\":\"2026-10-09T09:07:47+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Coinbase turns perpetual-futures trading into a live spectator competition, offering $150,000 to the winning trader and prizes for eligible viewers.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14276#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=14276\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14276#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/coinbase-trading-cup.webp\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/coinbase-trading-cup.webp\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14276#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Coinbase streams $150,000 Singapore trading cup and crowns its first champion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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