Dubai, United Arab Emirates, October 30th, 2024,
Chainwire
Bybit, the world's second-largest cryptocurrency
exchange by trading volume, gathered some 14,000 fans and
participants of World Series of Trading (WSOT) 2024 for the
thrilling final showdown livestream
on Oct. 29.
As the much-anticipated finale of
WSOT 2024 approaches, Bybit
Co-Founder and CEO Ben Zhou revealed the lucky winner of a $300,000
luxury yacht in the WSOT Grand Draw, and live viewers got to share
in a 10,000 USDT prize pool. The top-performing squad leaders and
Ben also elaborated on the significant changes to the WSOT rules
this year, explaining the rationale and sharing their insights on
how they are leading their squads to victory, and how not to lose
sleep during the hottest crypto trading competition of the
year.
Highlights:
- Winning strategies from the very best:
Speakers from the very top of various WSOT Leaderboards kept no
secret from the community. Squad leaders from across cultures
shared their diverse views on the art of crypto trading, their
hedging strategies and analytics tools that helped them dominate
the leaderboards with jaw-dropping P/L performances. Many also
shared their personal approaches to navigating volatility in daily
trading vs. during the competition, their sense of responsibility
and accomplishment as leaders of top squads, and their favorite new
rules and features such as the three chances to reset their P/Ls
and the ability to compete in different categories by capital
size.
- Perfect timing: The live grand draw revealed
the winners of the most coveted prize in WSOT, including 6
around-the-world trip tickets, 3 Rolex watches and a yacht. The
grand prize—a luxury yacht valued at $300,000, went to a member of
one of the speakers’ squad, who happened to be spending his time in
the sunny Mediterranean.
- Spreading the joy: Throughout the livestream, the audience took
airdrop breaks with over 2,000 active listeners partaking in the
giveaways, and 10,000 USDT was shared among 100
lucky Bybit users.
The crypto trading competition of
record has attracted close to 80,000 participants this year with
its astounding 10,000,000 USDT total prize pool and add-on prizes.
With one more day of competition to go, the livestream pushed WSOT
2024 participants to recalibrate their strategies, be inspired by
master traders and race to unlock every remaining prize pool.
Ben joined in the virtual watch party
in person to announce the winner of the ultimate prize of a luxury
yacht in the Grand Draw.
“This year our slogan is to make WSOT fairer. We
divided the categories into Heavyweight, Middleweight and
Lightweight, and this year users can participate with their main
account and also subaccounts,” Ben said, explaining some of the
rules were meant to attract more serious traders. He also commented
that the Leaderboard rankings had been shuffling because of wild
movements in the markets in the past few days, alluding to high
activity levels at the tail end of WSOT as the competition draws to
a close on Oct. 31, 2024.
WSOT is crypto’s longest-running and
largest trading competition, championing excellence and
sportsmanship. Year after year, it evolves to offer fairer, more
inclusive, and more engaging opportunities for participants.
Livestreaming has been central to WSOT 2024, celebrating its
milestones and building community through real-time
interaction.
The replay of the livestream
is available: WSOT 2024 Final
Showdown
#Bybit / #TheCryptoArk / #WSOT2024
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by
trading volume, serving over 50 million users. Established in
2018, Bybit provides a professional platform where crypto investors
and traders can find an ultra-fast matching engine, 24/7 customer
service, and multilingual community support. Bybit is a proud
partner of Formula One’s reigning Constructors’ and Drivers’
champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
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For more information, please visit: https://www.bybit.com
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Contact
Head of PR
Tony
AU
Bybit
tony.au@bybit.com