13.07.2023
Glory Faleke
Contributor
13.07.2023

Bybit announces contest with $8 million prize pool

Bybit announces contest with $8 million prize pool Bybit announces contest with $8 million prize pool

Cryptocurrency exchange Bybit offers Squad Trading, for which, among other things, there is a chance to get a good cash reward.

The exchange said that, as part of this promotion, it is looking for leaders who can lead their squads to victory and trading glory.

The Bybit website states that the Squad Leader registration period is from July 13, 2023, 10:00 UTC, to July 31, 2023, 10:00 UTC.

The WSOT 2023 competition will consist of two trading events: Squad Showdown and Copy Trading Fest.

Squads participating in the Squad Showdown will be divided into groups to compete for the ultimate right to trade derivatives. These squads will be led by leaders who will help take derivatives trading to the next level.

The Leader's prize will range from $50 to $4,000. Additional prizes include:

- 20% of your squad's total prize - an exclusive award for Squad Leaders.

- Up to $724,800 from the Squad Showdown and Copy Trading Fest.

- Popularity Reward: When your squad reaches a certain size, you can earn extra BTC that can be withdrawn.

Ready to compete in the All-Star Trading Showdown? Sign up as a Squad Leader now.

Other news: Elon Musk announces xAI, a new AI company to compete with ChatGPT.

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