Bybit takes the Annual “WSOT” Trading Competition to the Next Level with a Prize of Up to $ 7.5 Million
- 7.5M USDT in prizes: 4.9 times bigger than last year's prize, plus 1,000 NFTs.
- Largest donation to UNICEF: $ 400,000 in BTC.
August 16, 2021 / The annual WSOT trading competition is back.
Registration for the WSOT 2021 edition of crypto exchange Bybit begins on August 18 and promises to be the world's largest crypto trading tournament again.
The WSOT 2021 prize will be able to reach a historic value of 7.5 million USDT, in addition to including collectible NFTs and many additional prizes, Bybit announced.
"WSOT is back: bigger and better, just as we promised," stated Ben Zhou, co-founder and CEO of Bybit. “We want to celebrate excellence and the spirit of competition while showing the positive influence of crypto in our daily lives: it improves financial literacy, sparks people's interest in technology, and demonstrates the ways in which we can be a force for change. and give back a little to the whole of society ”.
The classic trading event of Bybit, one of the most popular cryptocurrency exchanges in the world, attracted more than 12,000 participants last year. Among the 135 troops and 2,128 individual entrants, the winners took home $ 1.27 million in prizes in the last edition.
The grand prize
With a prize pool of up to 6M USDT for the Group Challenge and up to 1.5M USDT for the Individual Challenge, WSOT 2021 is set to be the event of the year for traders around the world.
“At Bybit we continue to be amazed by the incredible support from the global crypto community. As a thank you, we have worked very hard in the last 12 months to take the experience of this competition to the next level with the biggest prize so far, ”said Zhou.
WSOT 2020 was user junki84's first trading competition. The participant put their trading strategy to the test and ended up with an incredible individual P&L (%) of 5,242.02%. Equally impressive was the performance of trader SalsaTekila, who finished second with individual P&L (%) of 3,956.56%. With more rewards and more entrants, the competition is expected to be even more intense this year.
“We are grateful for the opportunity to provide a platform that lives up to the ambitions of the best traders in the world. His achievements were worthy of admiration. And his skill and passion are the summary of everything that crypto represents: creating a fair, transparent and open environment for people to show the best version of themselves, ”Zhou remarked.
WSOT 2021 is open to traders from all over the world where Bybit services are available. Participants can form a troop or compete alone and get benefits for early registration, discounts or waivers on trading fees, and more than 1,000 NFTs and an additional 40,000 USDT in sweepstakes.
For a better future
In 2020, Bybit donated a portion of the WSOT award to UNICEF. A total of 10 BTC with a market value of $ 100,000, to alleviate the great consequences and effects of the pandemic.
One year later, COVID-19 remains a global crisis, particularly affecting children's access to education and threatening their long-term well-being.
Bybit quadrupled its donation to $ 400,000 in BTC this year to support UNICEF in its efforts to provide science, technology, engineering and math education for girls in Vietnam and provide quality education in East Asia and the Pacific.
“The world is learning to live with the pandemic, but the vulnerable groups who suffer the most from its effects are often overlooked. Over the years, Bybit witnessed the talent and potential of members of the global crypto community, regardless of age, gender and background, ”said Igneus Terrenus, communication director at Bybit. “There really is no better investment than the well-being of children and their right to education. We hope that our donation to UNICEF will help improve the lives of those who will grow to shape the future. "
WSOT 2021 details
The 10-day enrollment phase begins at 10 AM (UTC) on August 18, 2021.
Eligible users can enter two main categories in addition to competing for additional prizes, including NFTs, during the competition for a 20-day period: August 28 – September 17, 2021.
- BTC and ETH Group Challenge: Join or lead a troop of 10 or more members to unlock a prize of up to 6 million USDT.
- Individual Challenge: individual traders will compete for their share of the 1.5 million USDT in rewards, much more than the 90,000 USDT from last year's prize.
- Over 1,000 collectible NFTs and an additional 40,000 USDT to be distributed among the participants in daily raffles.
Read the rules and sign up for WSOT 2021: bybit.com/wsot2021
The World Series of Trading (WSOT) is a global trading competition conducted by Bybit to foster the spirit of competition, fair play, and camaraderie among crypto lovers around the world. WSOT celebrates the positive changes that cryptocurrencies and technology have brought to our lives.
WSOT ranks participants by P&L (%) and Earnings – traders compete on a fair playing field no matter how deep their pockets are.
Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where cryptocurrency traders can find an ultra-fast matchmaking engine, excellent customer service, and multilingual communities. The company offers innovative online trading services and cloud mining products, as well as API support, to retail and professional clients around the world, and strives to be the most trusted exchange.
For more information, visit: https://www.bybit.com/es-ES
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