Bybit Launches BTC Trading Competition With a 50,000 USDT Prize Pool, Empowering Traders to Capitalize on Bitcoin's Momentum

Bybit, the world's second-largest cryptocurrency exchange by trading volume, is thrilled to announce the launch of its BTC Trading Competition

Dubai, United Arab Emirates, 19th November, Chainwire

Bybit, a top-tier cryptocurrency exchange by trading volume, announces the launch of its BTC Trading Competition to celebrate Bitcoin's continuous ascent to new all-time highs (ATHs). Commencing on November 19, 2024, at 10 AM UTC and concluding on December 10, 2024, at 10 AM UTC, this exciting event invites traders of all skill levels to participate in two enthralling challenges for a chance to win from a grand prize pool of 50,000 USDT.

To enhance traders' participation, Bybit offers advanced tools such as Trading Bots, enabling traders to automate strategies and maximize trading volume effortlessly. Additionally, for those seeking to adopt proven approaches, the Copy Trading feature allows users to replicate the strategies of top traders effortlessly. These valuable tools ensure that every participant, whether new to Perpetual contracts or seasoned in crypto trading, has the opportunity to excel and make the most of this event.

Event Details

Event 1: Beginner’s Trading Quest Commencing on November 19, 2024, at 10 AM UTC and concluding on December 10, 2024, at 10 AM UTC, this challenge is designed for traders who are new to Perpetual contracts or have a lower trading volume. To participate, users must trade BTC Perpetual (any pair) with a minimum trading volume of 20,000 USDT. The top 200 traders with the highest trading volume will be ranked and rewarded as follows:

1st Place: 10,000 USDT

2nd-5th Place: 5,000 USDT

6th-20th Place: 2,000 USDT

21st-50th Place: 1,000 USDT

51st-100th Place: 500 USDT

101st-200th Place: 200 USDT

Event 2: PnL Showdown Kicking off on November 19, 2024, at 10 AM UTC and concluding on December 10, 2024, at 10 AM UTC, this challenge is open to all traders, regardless of trading volume or experience level. To participate, users must trade BTC Perpetual (any pair) with a minimum PnL (profit or loss) of 500 USDT. The top 50 traders with the highest PnL will be ranked and rewarded as follows:

1st Place: 15,000 USDT

2nd-5th Place: 7,000 USDT

6th-10th Place: 3,000 USDT

11th-20th Place: 1,500 USDT

21st-30th Place: 1,000 USDT

31st-40th Place: 500 USDT

41st-50th Place: 200 USDT

Joining the Excitement The Bitcoin market is heating up, and this is users' chance to capitalize on the momentum. With tools like trading bots and copy trading, Bybit ensures participants can maximize their potential and enjoy a seamless trading experience.

Users can Register Now and compete for their share of the 50,000 USDT prize pool.

Note: This competition is unavailable to users in Spain, Brazil, New Zealand, the Netherlands, and Hong Kong.

About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

Contact Head of PRTony AuBybitpress@bybit.com