Recently his exchange Coinarch, which launched last year and is based in Sydney, decided to partner with CCN to run CoinCompetition, a way for aspiring traders to learn how to trade using a mock version of the Coinarch platform. Traders are able to easily leverage up to ten times the amount they want to invest with lessened risk as they are able to cancel at anytime. Hergott explains it in much greater detail in the interview, which if you watch the video, you can also see the CoinCompetition platform in action.
You can still sign up for CoinCompetition, by the way, and be in the running to win 5 BTC if you are the top trader on the platform.
David Parker said of the partnership:
We have for a long time been looking for a partner to launch a Bitcoin Trading Competition. When I reached out to Coinarch they immediately fell in love with the idea and we jumped on the opportunity together. This might be the first large scale Bitcoin Trading Competition and we are so excited! Who will be this first month’s winner?