Bybit Relaunches WSOT With $8M Prize Pool

Bybit is restarting the World Series of Trading. In the 2022 release, the platform doubles its mining: $8 million in rewards.

Following a very successful 2021 release with over $4 million worth of rewards distributed, Bybit cryptocurrency exchange is relaunching its World Series of Trading this year. Double Loot: $8 million reward. The competition runs from June 27 to July 17 in two different competitions and a daily lottery.

Bybit Relaunches World Series of Trading

The first competition is a team race: $6 million will be divided among the winners. Participants team up to try to win along with their teammates. Participation condition: have at least 500 USDT in Bybit wallet. Another competition is the “Solo Race”with a prize pool of $1 million. Total autonomy competition for anyone with at least $500 in Bybit wallet. Finally, Super Speed ​​Loot will offer $1 million to the winners through a lottery. Entrance tickets can be earned by completing various tasks, and some of them can be earned by trading at least $300 on the platform the day before entry.

To maximize chances, it is possible to enter each competition by registering separately for two, and participants must register by July 7 directly on the Bybit website. The idea is always the same: you must maximize your profit and loss (P&L) index in order to move up in the rankings. In team races, you will work with your teammates. If you are invited by the team captain, you will also have various benefits – a 10% discount on transaction fees, such as a $10 welcome gift if you become one of the first 10 members to join the team, or even a reward of 50 US dollars for participation in the World Series of Trading -. Teams are listed by country.

In the 2022 release, the platform doubles its mining with a reward of $8 million.

In a single race, the volume sold through spot trading is important in itself. The competition is divided into categories depending on the available trading pairs: “ALT L1”, “Large Cap”and “web3 & meme”. Each category has a $300,000 reward for the first 5,000 ranked players. Feel free to invite friends, you can earn up to 3000 USDT if their trading volume reaches a certain amount. Also distributed $100,000.

The way Super Speed ​​Loot works is simple: anyone registered with the World Series Of Trading and trading on Bybit for at least $300 can participate. 500 BIT tokens are raffled off every day for those who find the 3 digits of the last transaction on the spot market of the day. The more missions you complete, the more lottery tickets you earn and the more chances you have to win prizes, including Bored Ape Yacht Club (BAYC) NFTs, Doodles and PhantaBear NFTs or cryptocurrencies.