Dubai, United Arab Emirates, September 16, 2024, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the official start of the World Series of Trading (WSOT) 2024. As the world’s largest and longest-running cryptocurrency trading competition, WSOT 2024 brings together traders from around the world to compete for a massive prize pool of up to 10,000,000 USDT, along with luxury rewards such as Rolex watches, world travel tickets, and yacht cruises.
For the first time, participants can trade on both centralized (CEX) and decentralized (DEX) platforms, marking a new era in competitive trading. This integration allows traders to experience the full spectrum of cryptocurrency markets, from the depth of Bybit’s centralized exchange to the cutting-edge innovation of its decentralized counterpart, DEX Pro.
“WSOT 2024 opens the door to a broader experience of the crypto world,” said Ben Zhou, Co-Founder and CEO of Bybit. “With differentiated offerings across our CEX and DEX, we are giving traders the tools to navigate both sides of the market and explore new possibilities. I am eager to see how they will use this opportunity to challenge themselves and take their trading to the next level.”
Competing in Three Leagues: Lightweight, Middleweight, and HeavyweightThis year’s WSOT is designed to be more inclusive and competitive than ever before. Depending on their bankroll size, participants can choose from three leagues: Lightweight, Middleweight, and Heavyweight for the wallet size of $500, $2,000, and $10,000 respectively. Each league has its own prize pool, ensuring that both retail traders and bigger players have a fair chance to show off their skills. Additionally, traders can utilize Bybit’s Unified Trading Account (UTA), which allows up to four sub-accounts and unifies collateral across multiple positions, providing an edge in competitive trading.
1 Million Decentralized TokensWSOT 2024 also integrates Bybit Web3’s DEX Pro, allowing access to over 1 million decentralized tokens including DeFi projects, GameFi assets, and memecoins. With over 100 ecosystem partners such as Yescoin, Bonk, Catizen, Navi Protocol, Blackcardcoin, and Character X involved, the competition serves as a platform for traders to engage with the cutting edge of decentralized finance.
Huge Prize Pool (NASDAQ:) and Exclusive RewardsThe prize pool starts at an impressive 10,000,000 USDT and grows with participation. In addition to cash rewards, traders can win exclusive luxury prizes including yacht cruises, Rolex watches, and international travel packages. The more participants, the bigger the rewards.
About BybitBybit is the world's second-largest cryptocurrency exchange platform by trading volume, boasting over 40 million users. Founded in 2018, Bybit offers a professional platform where cryptocurrency investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of the reigning Formula One constructors' and drivers' champions – the Oracle (NYSE:) Red Bull Racing Team. For more details about Bybit, please visit Bybit Press. For media inquiries, please contact: [email protected] more information, please visit: Updates, Follow us on: Bybit Communities & Social MediaContactHead of Public RelationsTony AuBy bit[email protected]
This article was originally published on Chainwire
