Bybit Presents Copy Trading Face-Off: Human vs Machine Trading Competition

Introduction

In the ever-evolving landscape of trading, Bybit, the world’s second-largest cryptocurrency exchange, is offering traders a unique opportunity to test their skills in the age-old debate of human vs machine trading. The Copy Trading Face-Off competition boasts a tantalizing 200,000 USDT prize pool, enticing traders to showcase their prowess and prove their trading style superiority.

Evolution of Trading Strategies

As trading becomes more data-driven and technologically advanced, traders are blending human intuition with AI-powered precision to maximize their profits. Bybit’s Copy Trading feature allows users to leverage both human expertise and algorithmic efficiency, enabling them to create their own customized trading strategies.

Competition Details

The competition presents various avenues for traders of all skill levels to participate and win from the prize pool:

• Master Traders: Lead a Human Squad against Bot Squads to showcase natural intelligence triumphing over artificial brainpower.
• Copy Trading Beginners: New users can follow either Human or Bot Squad Master Traders or vote for the winning squad to secure a chance at the prize pool.
  

  Prize Distribution
  

  Out of the total 200,000 USDT prize pool:

• 60% will be distributed among winning members of the three squad leaderboards based on performance metrics.
• 20% can be unlocked by participants in losing squads, adding an element of excitement.
• Another 15% will be awarded to the top 100 traders based on trading volume.
  

  Registration and Event Dates
  

  Interested users can sign up for the competition from Nov. 28, 2024, to Jan. 8, 2025. The competition officially commences on Dec. 9, 2024, and runs until Jan. 8, 2025. Registration is mandatory to secure a spot in the human vs machine trading showdown on Bybit’s platform.

  Closing Thoughts
  

  Joan Han, Sales and Marketing Director of Bybit, emphasizes the platform’s commitment to providing traders with diverse solutions that cater to their unique needs. Bybit’s Copy Trading Face-Off competition puts the power in the hands of the crypto community to determine the preferred trading approach – human intelligence or algorithmic precision.

  About Bybit
  

  Bybit, established in 2018, is renowned as the world’s second-largest cryptocurrency exchange, serving a vast user base of over 50 million individuals. The platform offers a professional trading environment with features like an ultra-fast matching engine, round-the-clock 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 information on Bybit and the competition, visit the official Bybit Press.

  For updates and community engagement, follow Bybit on Discord, Facebook, Instagram, LinkedIn, Reddit, Telegram, TikTok, YouTube.

  Contact:
  Head of PR
  Tony Au
  tony.au@bybit.com

  To read the original article, visit Chainwire’s publication.