Bybit has initiated a BTC Trading Competition with a prize pool of 50,000 USDT to commemorate the all-time high surge of Bitcoin and provide challenges for both novice and experienced traders.
The event recalls the unprecedented rise of Bitcoin to new all-time highs and extends an invitation to speculators worldwide to exhibit their abilities. From November 19, 2024, at 10 AM UTC, to December 10, 2024, at 10 AM UTC, the competition will offer a grand prize pool of 50,000 USDT and two unique challenges that are suitable for both novice and experienced traders.
Bybit’s BTC Trading Competition is intended to be accessible to merchants of all levels of expertise. The competition offers a chance to interact with the dynamic crypto trading community while competing for appealing rewards, regardless of whether participants are beginners or seasoned professionals.
Beginner’s Trading Quest offers an accessible method for newcomers to partake. In order to qualify, dealers must accumulate a minimum trading volume of $100 in BTC Perpetual contracts (BTCUSDT, BTCUSDC, or BTCUSD). All eligible participants will receive an equal share of the 10,000 USDT prize pool.
For accomplished traders, the PnL Showdown elevates the stakes with a prize pool of 40,000 USDT. Participants are required to trade BTC Perpetual contracts and achieve a trading volume of at least $100,000 in order to participate in this challenge. Profit and Loss (PnL) accounts for the determination of rankings, with the highest honors designated for traders who exhibit extraordinary trading performance. The top 50 performers are to receive other rewards, while the first place winner receives a 6,000 USDT bonus.
Also Read: The Astrals NFT settlement with NBA legend Shaquille O’Neal totals $11 million