As a seasoned crypto investor with a knack for spotting lucrative opportunities, this Bybit BTC Trading Competition has caught my attention. With Bitcoin setting new all-time highs, it seems like the perfect time to test my trading skills and potentially boost my portfolio.
Starting from November 19 to December 10, 2024, Bybit, one of the largest crypto exchanges for trading volume, is hosting a Bitcoin Trading Competition to mark Bitcoin reaching its highest ever value. This competition is open to traders at all levels and offers two challenges with a total prize money of 50,000 US Dollars.
According to the announcement, the competition consists of two main events: the Beginner’s Trading Challenge and the Profit & Loss Face-off.
Inexperienced traders have an opportunity to participate in the Novice’s Challenge by engaging in trades of Bitcoin Perpetual contracts, requiring at least $100 in trading volume. The competition offers a total prize of 10,000 USD in US Dollars.
Experienced traders have an opportunity to join the Profit-and-Loss Contest by accumulating a trading volume of $100,000. The competition’s prizes are determined by profit and loss rankings, with the first-place winner receiving 6,000 USDT. Rewards will be given to the top 50 participants in total.
Bybit facilitates users by providing sophisticated resources such as Automated Trading Bots for strategic automation and Copy Trading, which allows following prominent traders. This way, the platform caters to both newcomers and seasoned traders alike.
Event Details
As a budding crypto investor, I’m excited to embark on the Beginner’s Trading Quest! This event offers a fantastic opportunity to win a share of a $10,000 USDT bonus. To participate, all I need to do is trade any BTC Perpetual contracts (BTCUSDT, BTCUSDC, BTCUSD) and ensure my total trading volume reaches a minimum of $100. If I’m among the eligible new perpetual traders, I stand a chance to equally share the prize pool with other participants! Let’s dive into the world of crypto trading and see how far we can go!
Event 2: Battle of the 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
In simple terms, Ben Zhou, the head of Bybit, is enthusiastic about the competition. He said that Bitcoin reaching a new record high is a major achievement in the world of cryptocurrency. He’s delighted that they can offer traders a chance to demonstrate their abilities and receive recognition for it.
As Bitcoin prices increase, this competition offers you an opportunity to leverage market energy. The registration is currently open for a shot at winning a portion of the $50,000 USD prize pool. For more information and updates, interested individuals can check out Bybit’s official site.
Also Read: Bybit and Admundi Unite to Help Spain’s Flood Survivors
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2024-11-19 21:08