Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has officially launched its BTC Trading Competition.
The event celebrates Bitcoin’s unprecedented surge to new all-time highs and invites traders from around the world to showcase their skills. Running from Nov. 19, 2024, at 10 AM UTC to Dec. 10, 2024, at 10 AM UTC, the competition offers a grand prize pool of 50,000 USDT and features two distinct challenges catering to beginners and experienced traders alike.
A Trading Competition for Everyone
Bybit’s BTC Trading Competition is designed to accommodate traders of all experience levels. Whether participants are just starting or are seasoned professionals, the competition provides an opportunity to engage with the vibrant crypto trading community while competing for attractive prizes.
The Beginner’s Trading Quest provides newcomers with an accessible way to participate. To qualify, traders need to achieve a minimum trading volume of $100 in BTC Perpetual contracts (BTCUSDT, BTCUSDC, or BTCUSD). The 10,000 USDT prize pool will be equally shared among all eligible participants.
For advanced traders, the PnL Showdown ups the ante with a 40,000 USDT prize pool. This challenge requires participants to trade BTC Perpetual contracts and reach a trading volume of at least $100,000. Rankings are determined based on Profit and Loss (PnL), with the top prizes reserved for those who demonstrate exceptional trading performance. First place secures a 6,000 USDT bonus, while other prizes are distributed among the top 50 performers.
Rewards will be distributed as follows:
1st Place: 6,000 USDT Bonus
2nd Place: 4,000 USDT Bonus
3rd Place: 3,000 USDT Bonus
4th–10th Place: 1,000 USDT Bonus Each
11th–50th Place: 500 USDT Bonus Each
Advanced Tools to Enhance Your Trading
To empower participants, Bybit provides innovative trading tools that make the competition even more accessible and rewarding. The platform’s Trading Bots enable users to automate their strategies, ensuring efficiency and maximizing trading volume effortlessly. For traders who prefer to rely on proven strategies, Bybit’s Copy Trading feature allows them to replicate the moves of top-performing traders.
These tools level the playing field, ensuring that all participants can compete effectively and confidently.
Why Now Is the Time to Trade
Bitcoin’s meteoric rise to new all-time highs has captured global attention, making this the perfect moment for traders to leverage the market’s momentum. Bybit’s BTC Trading Competition offers a chance to not only profit from Bitcoin’s upward trajectory but also to refine trading skills and gain recognition within the crypto community.
Participants should note that the competition is unavailable to users in Spain, Brazil, New Zealand, the Netherlands, and Hong Kong. However, for eligible traders, this is a golden opportunity to turn market excitement into tangible rewards.
About Bybit: A Trusted Name in Crypto Trading
Founded in 2018, Bybit has grown to become the second-largest cryptocurrency exchange by trading volume, serving over 50 million users worldwide. Known for its ultra-fast matching engine and 24/7 multilingual customer support, the platform has established itself as a leader in the crypto trading space. Bybit’s commitment to excellence extends beyond trading, as evidenced by its partnership with Oracle Red Bull Racing, the reigning Constructors’ and Drivers’ champions in Formula One.
Bybit’s focus on innovation, user experience, and community support ensures that traders have access to the tools and resources they need to succeed.
How to Join the BTC Trading Competition
Traders interested in joining the BTC Trading Competition can register on Bybit’s platform to secure their spot. The event promises a seamless trading experience, enhanced by Bybit’s cutting-edge tools and robust trading ecosystem..
For more information about the competition, Bybit’s offerings, or to stay updated on future events, visit Bybit’s website.
This article was originally Posted on Coinpaper.com
