From 15/07/2020 00:00 UTC to 29/07/2020 Bitfinex is hosting a paper trading competition named "Rey del Papel". Everyone who is older than 18 years can participate and try to win a share of 10.000 USDT (1USDT = 1$) which will be distributed among the best 10 traders regarding their totally traded volume and their profit/loss. Both factors are weighted equally.

Every participant will get TEST tokens and will be able to trade them in a paper trading environment. The traded assets have no real value, so no real loss can occur. Available pairs for trading are (TESTBTC,  TESTUSDT, TESTUSD, TESTAAA and TESTBBB).

The guide for creating a paper trading sub-account can be found here.

The Description of the competition is published by Bitfinex here.