2024 Bybit World Series of Trading to Highlight Traders and Developers’ Contributions to the Crypto Ecosystem

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The prominent cryptocurrency trading platform Bybit, ranked second globally in terms of trading volume, has announced significant updates for its World Series of Trading (WSOT) 2024. The competition is dedicated to bringing together the crypto community—traders, developers, and strategic partners—highlighting their collective impact on the broader ecosystem.

WSOT 2024 will, for the first time, incorporate decentralized exchange (DEX) trading, fostering a collaborative environment for both decentralized and centralized markets.

Developers and partners are crucial in advancing decentralized solutions, while traders inject necessary liquidity to drive forward innovation. With WSOT 2024, all participants—builders, traders, and partners—will converge in a competitive yet equitable environment, propelling the entire ecosystem forward.

The WSOT 2024 event is recognized as the premier and longest-standing crypto trading contest, boasting a prize pool of up to 10 million USDT with extravagant prizes like Rolex watches, travel packages, and yachting experiences.

Since its inception in 2020, Bybit’s World Series of Trading has evolved into a significant event that fosters inclusivity and growth for developers, traders, and ecosystem partners alike.

• Global Community Engagement: WSOT 2024 marks Bybit’s first endeavor catering to both decentralized and centralized trading participants, bridging the gap between the DeFi and traditional finance (TradFi) communities.
• Enhanced Competition Framework: The tiered weighting system in Bybit’s WSOT 2024 ensures a level playing field for all competitors. This means skill reigns supreme, irrespective of resource disparities. Additional features include UTA Subaccounts, allowing enhanced reward potential, and the newly introduced ROI Reset Card for traders experiencing losses in profit and loss performance.
• Global Insight through One Event: Setting a new standard, WSOT 2024 promises more live streams than any prior incarnation. Engaging with thought leaders from across the globe, all stakeholders stand to gain invaluable insights from key industry players, including builders, ecosystem partners, and KOLs.
• Access Over 1 Million Tokens with DEX Wave: Featuring Bybit Web3’s DEX Pro, WSOT 2024 opens up an array of over a million decentralized tokens spanning DeFi, GameFi, and various meme coin projects. Collaborating with over a hundred partners like Yescoin, Bonk, Catizen, Navi Protocol, Blackcardcoin, and Character X, this competition promises to be uniquely transformative.

“This year’s WSOT provides an expanded glimpse into the crypto domain,” expressed Ben Zhou, co-founder and CEO of Bybit. “Through our integrated offerings on both CEX and DEX platforms, we’re equipping traders to delve into diverse market dynamics and empowering them to elevate their trade experience and expertise to new heights,” he added.

WSOT 2024 represents a cornerstone event spotlighting the prowess of cryptocurrency enthusiasts and highlighting the contributions of each stakeholder to the broader digital asset ecosystem. As a gesture of commitment to this ecosystem, Bybit, in alliance with Immunefi and the Ethereum Foundation, will provide as much as 75 ETH to support Ethereum’s inaugural Attackathon, prioritizing the security and continued innovation within the Ethereum ecosystem.

Seize the opportunity to witness the synergy of traders and developers. The upcoming livestream, cohosted with Cointelegraph, is set to captivate with insightful discussions and chances to win attractive prizes. The event is scheduled for Sept. 27 at 4 pm SGT, 12 pm Dubai Time, and 8 am UTC. Don’t miss out!

About Bybit

As the world’s second-leading cryptocurrency exchange in terms of volume, Bybit serves a community of over 49 million. Founded in 2018, the exchange is known for its lightning-fast matching engine, dedicated 24/7 customer service, and extensive multi-language community support. Bybit is also the proud sponsor of the Formula One winners—the Oracle Red Bull Racing team. For more insights into Bybit’s services, visit their website.