Bybit Launches BTC Trading Competition to Celebrate Bitcoin’s All-Time Highs
Dubai, United Arab Emirates, November 19th, 2024, Chainwire
As the world eagerly watches Bitcoin’s historic rise to new all-time highs (ATHs), Bybit, the second-largest cryptocurrency exchange by trading volume, is thrilled to announce the launch of its BTC Trading Competition. This exciting event will run from November 19, 2024, at 10 AM UTC, to December 10, 2024, at 10 AM UTC, offering traders of all skill levels a chance to compete for a grand prize pool of 50,000 USDT across two thrilling challenges.
Empowering Traders with Advanced Tools
To ensure participants have a competitive edge, Bybit provides advanced tools such as Trading Bots and Copy Trading features. These tools enable traders to automate strategies, follow proven approaches, and maximize trading volume effortlessly. Whether you are new to Perpetual contracts or a seasoned crypto trader, Bybit’s tools are designed to help you excel and make the most of this exciting event.
Event Details
Event 1: Beginner’s Trading Quest
- Prize Pool: 10,000 USDT Bonus
- Challenge: Trade any BTC Perpetual contracts (BTCUSDT, etc.) and accumulate a minimum trading volume of $100.
- Reward: All new and eligible perpetual traders will equally share the 10,000 USDT prize pool.
Event 2: PnL Showdown
- Prize Pool: 40,000 USDT Bonus
- Challenge: Trade any BTC Perpetual contracts and reach at least $100,000 in trading volume. Rankings will be based on Profit and Loss (PnL).
- Reward Allocation:
- 1st Place: 6,000 USDT Bonus
- 2nd Place: 4,000 USDT Bonus
- 3rd Place: 3,000 USDT Bonus
- 4th–10th Place: 1,000 USDT Bonus Each
- 11th–50th Place: 500 USDT Bonus Each
Joining the Excitement
The market is heating up, and this is your chance to capitalize on the momentum. With Bybit’s trading bots and copy trading features, participants can maximize their potential and enjoy a seamless trading experience. Register now and compete for your 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.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Since its establishment in 2018, Bybit has provided a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit proudly partners with Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For more information, please visit Bybit’s Communities and Social Media.
Contact
Head of PR Tony Au Bybit tony.au@bybit.com
This article was originally published on Chainwire
Image Source: Investing.com
Analysis:
The launch of Bybit’s BTC Trading Competition marks a significant opportunity for traders to engage with the cryptocurrency market and potentially capitalize on Bitcoin’s all-time highs. By providing a prize pool of 50,000 USDT and offering two distinct challenges, Bybit aims to cater to traders of all levels, from beginners to experienced professionals.
- Bybit’s advanced tools, including Trading Bots and Copy Trading features, empower participants to automate strategies and follow proven approaches, enhancing their trading experience.
- The event’s structure, with a Beginner’s Trading Quest and a PnL Showdown, ensures that both new and seasoned traders have a chance to compete and win exciting prizes.
- Bybit’s commitment to providing a seamless and user-friendly platform underscores its dedication to customer satisfaction and support.
- The restriction of the competition to certain regions adds a layer of exclusivity and intrigue, further enhancing the event’s appeal.
Overall, Bybit’s BTC Trading Competition represents a dynamic and engaging opportunity for traders to test their skills, explore new strategies, and potentially earn rewards in a rapidly evolving market. Whether you are a crypto enthusiast or a seasoned trader, participating in this event could offer valuable insights and experiences that contribute to your financial growth and future success.