Registrations Now Open for Bybit’s 2024 World Series of Trading (WSOT) Offering Over 10 Million USDT in Prizes

The most thrilling and inclusive event for both beginners and experienced traders alike is the worldwide cryptocurrency trading contest with unprecedented prize offerings.

DUBAI, United Arab Emirates, October 14, 2024 —
Bybit, a top-tier cryptocurrency trading platform and the world’s number two in terms of trading volume, now welcomes registrations for its renowned international competition, the World Series of Trading (WSOT) 2024.

Since its entrance in 2020 with 135 teams and 12,368 individuals competing for a prize of $1.27 million, the upcoming edition of the contest is gearing up to offer the largest prize pool ever seen.

10M USDT Prize Pool and Opulent Rewards

In its fifth year, the competition invites crypto enthusiasts from all domains to join in the excitement, featuring several new and alluring enhancements, and vie for unique rewards.

WSOT 2024 brings forth the largest reward fund yet with 10,000,000 USDT in prizes, galvanizing traders, be it as formidable teams or as lone contestants—because as the jackpot grows, so does the number of contenders.

Boasting extravagant prizes such as Rolex timepieces, Global Trip Tickets, and a deluxe yacht, Bybit’s WSOT 2024 intends to elevate the series to unprecedented heights.

WSOT 2024 Embraces the DeFi Arena

The WSOT 2024 installment marks a paradigm shift in the global contest scene by incorporating decentralized exchange (DEX) trading opportunities via the novel WSOT DEX Wave initiative. Within Bybit’s stride toward a more decentralized future, DEX Wave incentivizes participants to endorse their favored Web3 projects via a unique, point-based voting mechanism hosted on Bybit’s Web3 DEX Pro platform.

This edition allows traders vast flexibility, enabling them to partake through either DEXs or centralized exchanges (CEXs). The DEX Wave opens pathways to an array of over 1 million decentralized assets, comprising GameFi tokens, meme-based coins, and DeFi ventures while rewarding them with points for completing specified activities and sharing in a 1,000,000 MNT prize cache. Top achievers also stand a chance to win from a daily giveaway pool of 200,000 MNT.

Equitable Competition Framework

This iteration introduces a new competitive architecture that categorizes traders into distinct classes—lightweight, middleweight, and heavyweight—based on their financial capacity. This innovative schema ensures fair play for all participants, letting prowess and tactical ingenuity lead their way to success.

Bybit’s Unified Trading Account (UTA) further enhances this balancing act, enabling traders to employ one primary account alongside up to four subsidiary accounts, thus significantly heightening their winning prospects.

A distinctive feature this year includes the ROI Reset Card, endowing traders with the ability to recalibrate their profit and loss metrics providing a renewed opportunity to bounce back from prior hiccups. Collectively, WSOT 2024’s revamped framework and crucial add-ons ensure an equitable contest for all entrants, setting a fresh benchmark for future crypto competitions.

WSOT 2024 Registration

Aspiring participants are now invited to
enlist for WSOT 2024, ensuring adherence to the requisite $500 minimum balance in their Bybit UTA accounts. Traders can heighten their chances in the WSOT 2024 drawing by encouraging friends to join.

• Enrollment for Squad Leaders remains open until Oct. 9, 10 am UTC,
• General registration will stay open until Oct. 10, 10 am UTC, while late entries are accepted until Oct. 20, 10 am UTC.

The contest spans from Oct. 10, 10 am UTC to Oct. 31, 10 am UTC.

About Bybit

Bybit, holding a position as the second-leading cryptocurrency exchange globally in terms of trading volume, caters to more than 53 million users. Established in 2018, Bybit is synonymous with a high-performance trading engine, round-the-clock customer support, and multi-language community assistance. Moreover, it prides itself as a partner of the Oracle Red Bull Racing team, the titleholder in both Constructors’ and Drivers’ championships in Formula One.

For further details on Bybit, you’re welcome to visit
https://www.bybit.com.