Following the success of last year’s edition, the Bybit platform is relaunching the “World Series Of Trading”, a championship open to all, in which it is possible to participate alone or in teams. Rewards are up for grabs through spot and derivative trading, including a total of $8 million and NFTs from the Bored Ape Yacht Club (BAYC). How to enter
Bybit launches its annual World Series Of Trading competition
Following in the footsteps of its previous successful 2021 contest, which gave away more than $4 million in prize money, cryptocurrency trading platform Bybit is doing it again with the World Series Of Trading, this time with an $8 million prize pool.
The contest runs from June 27 to July 17, and will see its participants compete in 2 different competitions and a daily lottery.
It is possible to participate in each competition, in which case a registration will be required for each one. Registration is open until 7 July and takes place directly on the Bybit website.
The competitions can be entered under the following conditions:
- Team race: $6 million to be shared between the winners. Each participant will have to join a team to try to win alongside their teammates. To register, you need to have at least 500 USDT in your Bybit wallet;[vertical-spacer]
- Solo race: 1 million dollars to be shared between the winners. This competition is completely autonomous, however, it will be necessary to have a minimum of 500 USDT in your Bybit wallet to participate;[vertical-spacer]
- Super Speed Butin: $1 million to be shared between winners. Raffle tickets are available to be won by completing various contest-specific tasks, and raffle tickets are also available to be won by trading at least $300 worth of volume on the platform the day before entry.
How is Bybit’s WSOT 2022 event going
?
Here is how the events are set up by Bybit for each category. In all cases, you will need to maximise your P&L (loss and profit) index in order to try and move up the rankings.
Team racing
Work together with your teammates to try and earn the maximum points and hit the jackpot in Bybit’s cryptocurrency derivatives market.
In addition, if you are invited by a team captain, you will receive a number of benefits such as a 10% discount on your trading fees, a $10 welcome gift if you are one of the first 10 members to join the team, or a $50 reward for a World Series Of Trading entry.
Teams are ranked by country, so take the opportunity to fly the French flag by joining one of them now!
Solo race
In the Solo Race, it’s all about the volume traded through the spot trading, but this time you’re on your own. Here, the contest is divided into categories based on the trading pairs available: “ALT L1”, “Large cap” and “Web3 & meme”.
For each of these, the winners will have to compete for $300,000. Take the opportunity to invite friends: you can win up to 3,000 USDT in rewards if their trading volume reaches a certain amount.
The top 5,000 traders in the ranking will be awarded USDT 900,000, and the remaining USDT 100,000 will be reserved for the referral system.
Butin Super Speed
- Daily Lottery: Any World Series Of Trading registrant who has traded at least $300 on Bybit can participate. 500 BIT tokens are to be won daily for the person who manages to find the last 3 digits of the last trade on the spot market of the day;[vertical-spacer]
- Raffle: Complete as many missions as possible from June 10 to win raffle tickets and have a chance to win numerous prizes such as non-fungible tokens (NFTs) from the Bored Ape Yacht Club (BAYC) mutant collection, NFTs Doodles and PhantaBear or even cryptocurrencies.
