The world’s largest crypto trading competition welcomes traders of all levels with new features and enhanced accessibility.
DUBAI, United Arab Emirates, October 7, 2024 — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has officially opened registration for the highly anticipated World Series of Trading (WSOT) 2024.
As the largest crypto trading event of the year, Bybit’s WSOT 2024 presents a massive prize pool of up to 10,000,000 USDT and introduces several key updates to enhance the experience for new and seasoned traders.
Crypto Trading Gets DEX Integration
For the first time, WSOT 2024 will integrate decentralized exchange (DEX) trading, offering participants the flexibility to compete across centralized (CEX) and decentralized platforms.
The WSOT DEX Wave features more than 100 projects from over 30 blockchains, where participants can vote for the next Web3 star and win from a a massive 1,000,000, MNT prize pool.
Exciting competition experience for traders of all levels
WSOT 2024 is set to make crypto trading competitions accessible and rewarding for everyone, regardless of their experience level, with its tiered weighting system. Based on their capital size, traders can compete in lightweight, middleweight or heavyweight tiers. This ensures that true trading skills are rewarded over mere resource advantages, leveling the playing field between high-volume traders and beginners.
By addressing resource discrepancies, the WSOT 2024 guarantees that the best strategies and trading acumen will rise to the top, setting a new standard for fair competition in the crypto space.
The updated competition structure also supports multiple competitions within a single framework, allowing traders to explore new strategies across various stages, creating a more dynamic and engaging event for all participants.
Maximized opportunities with UTA subaccounts
WSOT 2024 enables traders to utilize Bybit’s Unified Trading Account (UTA) subaccounts to maximize participation and rewards. Each trader can now enter with one Main Account and up to four UTA Subaccounts, significantly increasing their chances of winning big.
This feature enables traders to compete in multiple competitions simultaneously, offering flexibility and greater opportunities for victory in this epic showdown.
Confidence boost with the ROI Reset Card
New to WSOT 2024 is the ROI Reset Card, a powerful tool designed to help traders regain confidence and continue competing even after experiencing losses. For the first time in WSOT history, participants can reset their profit and loss (PnL) metrics if they fall into the negative. This feature gives traders a fresh start and encourages them to stay in the competition longer, testing their strategies and bouncing back with renewed motivation.
WSOT 2024 prize pool and registration
WSOT 2024 boasts an impressive prize pool. Along with a grand total of up to 10,000,000 USDT in prize money, rewards range from a luxury yacht to Rolex watches and ‘travel around the world’ packages.
Traders can now register for WSOT 2024 by maintaining a minimum balance of $500 in their Bybit UTA account. Participants can also enhance their chances of winning in the event’s lucky draw by inviting friends to join.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 53 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.