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Bybit: WSOT 2024 kicks off, with $10 MILLION prize pool!
By Davide Grammatica
Registration opens for the World Series of Trading (WSOT) 2024, the world's largest crypto-trading competition organized by Bybit
Buckle up for WSOT
Exchange Bybit has unveiled the World Series of Trading (WSOT) 2024, or the world’s largest and longest-running crypto-trading competition. And the new features for this year are not few.
At the individual level, the competition will involve traders in three “arenas” depending on their starting capital: “Lightweight,” “Middleweight,” and “Heavyweight,” with prize money varying proportionally. Participants will be allowed to use up to four “subaccounts” to accumulate PnL on multiple markets, while at the same time increasing their chances of winning. Through the Unified Trading Account (UTA), traders will then be able to manage multiple positions from a single account, making the competition extremely competitive. Starting this year, it will also be possible to use the DEX Pro platform , to trade in DeFi.
The prize pool will vary from a maximum of $403 thousand to a minimum of $192, but the heart of the competition will be the team competition. These will be awarded according to several criteria, including the highest average profit, the number of votes from participants, and the longest profit streak.
Obviously, larger teams will have a better chance of winning, which is why we at The Crypto Gateway are also appealing to our community to participate together.
At THIS link you can sign up for our team.
The biggest crypto-trading competition
For WSOT 2024, the total prize pool will be record: 10,000,000 USDT. Not to mention also several draws with Rolex watches and plane tickets to travel around the world as prizes.
For those who have not yet registered for Bybit, the cex will give away a 50 USDT bonus if you register before October 4 and if you register a trading volume of more than 50,000 USDT during the competition period.
Through Buddy Rally, that is, inviting other users to participate in WSOT 2024, on the other hand, you will be able to get your hands on a shared USDT 200,000 prize pool.