Bybit Incorporates Decentralized Exchange Trading into WSOT 2024 to Foster Community Cooperation in Cryptocurrency Sector

DEX integration becomes a highlight at Bybit’s World Series of Trading (WSOT) 2024, showcasing the synergy of decentralized and centralized trading platforms.

As the crypto market expands, the intersection of DeFi and CEXs grows increasingly vital.

A harmonious interaction between these two pillars can lead to a more integrated and user-friendly digital asset environment.

Bybit, a leading crypto exchange, is taking steps to connect these realms by featuring DEX trading in their flagship event, WSOT 2024.

The incorporation of decentralized exchanges into this prestigious trading contest represents a significant move towards a cohesive trading community.

WSOT has been a cornerstone for traders worldwide, celebrating trading excellence for more than four years.

Its popularity is evidenced by its increasing participant numbers, rising from 69,000 in 2022 to 117,000 in 2023.

WSOT 2024 – A Nexus for CEX and DEX Integration

This iteration of WSOT introduces the DEX Wave and DEX Pro, aimed at fostering a coalition among developers, traders, and partners across the crypto landscape.

DEX Pro will afford traders the opportunity to trade over a million DeFi tokens, from GameFi to memecoins and beyond, offering scope far beyond previous WSOT events.

Bybit’s Co-Founder and CEO, Ben Zhou, remarks,

“The inclusion of DEX options within WSOT 2024 proffers traders a crash course in crypto’s vast domains – centralized and decentralized.”

“This competition is poised to offer a comprehensive experience of the digital asset marketplace.”

Grand Prizes and Exclusive Rewards

Up to 10 million USDT awaits in the WSOT 2024 prize pool, featuring extravagant rewards such as high-end watches, global getaway tickets, and even a yacht.

The anticipated perks aim to attract a wide array of participants, welcoming both novices and experienced traders to compete in this arena.

Revamped Competition Framework

This year’s WSOT will debut a sophisticated tiered weighting system, placing a premium on skillful play rather than resource disparities.

Participants can leverage subaccounts to optimize their rewards, using one main account with up to four additional ones.

To further balance the competition, an ROI reset card will be introduced, permitting traders to reset their ROI when needed.

Partnerships Catalyzing Web 3.0 Innovation

In support of the Web 3.0 framework, Bybit teams up with Immunefi and the Ethereum Foundation to sponsor the pioneering Ethereum Attackathon.

A contribution of 75 ETH by Bybit underlines their commitment to enhancing Ethereum’s security profile and its progressive trajectory.

With cutting-edge features, DEX integration, and alluring prizes, the WSOT 2024 is geared to meld the crypto sphere’s decentralized and centralized segments into a unified Web 3.0 ecosystem.

Discover more about WSOT 2024 here.