Pakistani crypto expert Waqar Zaka just beat more than 3,000 traders from around the world, and the prize wasn’t a trophy. It was a brand-new 2026 Mercedes-Benz G-Wagon, handed to him at a ceremony in Dubai.
Zaka is already a familiar name in Pakistan’s crypto space. He’s worked with the Khyber Pakhtunkhwa government on blockchain initiatives and has spent years pushing the idea of a national Bitcoin reserve. This win adds a new headline to that résumé, and it’s one built entirely on real trading performance, not followers or promotions.
Zaka won the WEEX TradFi Masters, a global solo trading tournament open to traders across the world. Unlike typical crypto-only contests, this one tested participants across five asset classes: stocks, gold, silver, commodities, and cryptocurrencies, all on a single platform.
There were no teams. No referral bonuses. No promotional targets to hit. Just one trader, real money, and a leaderboard.
Key Details
Every top finisher started with the same $100,000 in trading capital. Here’s how the podium shook out over the 20-day contest:
| Rank | Trader | Return | Profit | Final Account Value |
| 1st | Waqar Zaka (Pakistan) | 74% | $74,000 | $174,000 |
| 2nd | Trader (South Korea) | 57% | $57,000 | $157,000 |
| 3rd | Trader (China) | 35% | $35,000 | $135,000 |
According to reports, Zaka also traded more volume than anyone else in the contest, moving over 42.5 million USDT in total. He reportedly didn’t lead from day one either. He climbed to fourth place first, then pushed through to first by the end of the contest.
This isn’t Zaka’s first appearance on this kind of leaderboard. He finished eighth in a similar international trading tournament the previous year, so this win looks like a big jump in form rather than a one-off.
Why It Matters
A win like this matters for a few reasons.
Readers in Pakistan interpret it as a bigger cultural moment. There’s no algorithm bias or platform promotion angle here, just a trader outperforming thousands of others using his own capital across multiple markets, not just crypto.
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Second, it’s being read in Pakistan as a bigger cultural moment. Multiple outlets are calling this the first time a Pakistani trader has topped a contest of this scale, which is fueling renewed conversation around Zaka’s long-standing pitch: that Pakistan should build a national Bitcoin reserve to cut debt reliance and reduce dependence on international lenders. Supporters note he was making that argument years before it became a mainstream global talking point.
The Prize: 2026 Mercedes-Benz G-Wagon
The G-Wagon isn’t just a flashy giveaway. Mercedes’ 2026 G-Class lineup remains one of the most recognizable luxury SUVs on the road, known for its boxy off-road-ready design and premium badge value. Awarding it as a competition prize in Dubai amplifies the spectacle, since Dubai’s car culture practically revolves around vehicles like this one.
Industry Impact
Trading competitions like WEEX TradFi Masters are becoming a marketing tool for platforms trying to prove real-world credibility, not just paper gains on a demo account. A win with actual capital, verified profit numbers, and a public leaderboard carries more weight than typical influencer-style crypto claims.
This result positions Zaka as a serious trader rather than just a commentator, reinforcing how seriously people may take his Bitcoin reserve proposal going forward.
