The world’s largest crypto trading event brings together traders, builders, and partners in a new era of decentralized competition.
DUBAI, United Arab Emirates, Sept. 23, 2024 — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced World Series of Trading (WSOT) 2024 is adding decentralized exchange (DEX) trading integration for the first time. The new feature allows participants to trade across centralized exchanges (CEXs) and DEXs in the world’s largest and longest-running crypto trading competition with a massive prize pool of up to 10,000,000 USDT, along with luxury rewards such as Rolex watches, world travel tickets, and yacht.
Through DEX integration, one of the biggest highlights of WSOT 2024 will be its key updates geared toward improving the competition’s fairness and equitability and its ability to maximize trader engagement. Showcasing the impact of decentralized finance (DeFi) to the mainstream audience, WSOT 2024 will offer a richer experience to compete and collaborate.
Since the WSOT event series’ debut in 2020, the competition has become a global sensation, witnessing traders, builders, and partners in the crypto space collaborate.
DEX Integration and CEX Expansion: WSOT 2024 will be Bybit’s first offering for traders to compete on both decentralized and centralized platforms, providing new levels of flexibility for their strategies and trading options.
Blockchain Ecosystem Collaboration: As part of WSOT 2024, Bybit will contribute up to 75 ETH to sponsor Ethereum’s first Attackathon, aiming to support and advance the Ethereum ecosystem’s Public Good initiatives. Attackathon is a global hackathon launched in collaboration with Immunefi and the Ethereum Foundation.
Tiered Competition: Bybit’s WSOT 2024 will feature a tiered weighting system to ensure fairness throughout the competition. This system ensures proficient trading ability can shine through compared to trader resource advantages. It will also feature UTA Subaccounts that allow participants to improve their rewards through multiple entries, and the new ROI Reset Card, which offers traders a fresh start if they hit negative territory.
Bigger, Better, Stronger: WSOT 2024 is a whole new beast, setting up to feature more global livestreams, and partnerships, and to include builders and ecosystem partners to offer everyone a more diverse perspective on the event.
Access to over 1 million DeFi tokens via DEX Wave: WSOT 2024 introduces Bybit Web3’s DEX Pro, offering participants access to more than 1 million decentralized tokens, ranging from DeFi projects and GameFi assets to memecoins. With the involvement of over 100 ecosystem partners like Yescoin, Bonk, Catizen, Navi Protocol, Blackcardcoin, and Character X, the competition provides a unique opportunity for traders to immerse themselves in the forefront of decentralized finance.
“WSOT 2024 opens the door to a broader experience of the crypto world,” said Ben Zhou, co-founder and CEO of Bybit. “With distinct offerings on our CEX and DEX we’re giving traders the tools to navigate both sides of the market and explore new possibilities. I’m excited to see how they’ll take this opportunity to challenge themselves and elevate their trading to the next level.”
With its DEX integration and reinvigorated competition mechanics, WSOT 2024 is set to be the event of the year and continue growth throughout the crypto space.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 49 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.
To learn more about Bybit, please visit https://www.bybit.com.