Exciting Fiat x WSOT Challenge Unveiled by Bybit for Traders

Bybit Introduces the Fiat x WSOT Challenge

Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, has launched an exciting new initiative called the Fiat x WSOT Challenge. This comes as part of the World Series of Trading (WSOT) exercises, aimed at enriching the rewards experience for both new and seasoned traders. The WSOT 2024 already boasts a formidable total prize pool of 10,000,000 USDT, and now participants in the Fiat segment can access an additional 28,800 USDT in rewards.

Registration is Now Open

Starting today and running until Nov. 4 at 10 AM UTC, Bybit users have the chance to register for one or both of the following exhilarating challenges:

1. Beginner Fiat Deposit

In this event, Bybit is dedicated to welcoming newcomers into the world of cryptocurrency trading. The platform is offering a remarkable prize of 20,000 USDT for those making their first fiat deposit. To be eligible, new users must deposit a minimum of $100 using the One-Click Pay, P2P, or Fiat Deposit options. The first 2,000 participants to do so will receive a bonus of 10 USDT each, making this an excellent opportunity to kickstart their crypto journey.

2. Fiat Trading Competition

For those who are ready to showcase their trading skills, the Fiat Trading Competition promises to be thrilling. Participants will compete to see who can demonstrate the best trading performance. A remarkable prize pool of 8,800 USDT is set aside for the top 50 traders, enhancing motivation for participants to refine and apply their strategies actively.

Community Focused Goals

Joan Han, Sales and Marketing Director at Bybit, emphasized the platform's commitment to creating a rewarding experience for its users. “Whether you are a sole trader or part of a team, WSOT 2024 aims to enrich the experience for crypto enthusiasts and build a stronger Bybit community. We are dedicated to fostering a platform that prioritizes community and rewarding engagement,” she stated.

This commitment not only highlights Bybit’s intentions but also underlines the opportunities available for both traders and depositors. WSOT 2024 includes several bonus tracks for users to maximize their potential rewards. Engaging in trading tasks, lucky draws, and even special livestreaming sessions with airdrops are just a few activities planned, providing continuous excitement throughout the season.

A Benchmark for Trading Excellence

Since its inception in 2020, WSOT has transformed from a community event into a benchmark for trading excellence in the crypto space. It stands as the longest-running and largest trading competition of its kind, facilitating a friendly but competitive environment for crypto traders worldwide. This year’s events promise an even more remarkable experience, especially for those looking to explore fiat options within their trading strategies.

About Bybit

Founded in 2018, Bybit has swiftly grown to serve over 50 million users globally. Its platform is celebrated for offering ultra-fast matching engines, round-the-clock customer service, and robust community support. Bybit continues to push boundaries, notably as a proud partner of the Oracle Red Bull Racing team in Formula One.

Frequently Asked Questions

What is the Fiat x WSOT Challenge?

The Fiat x WSOT Challenge is a new initiative by Bybit that offers rewards and competitions for fiat users as part of the World Series of Trading.

How can I participate in the challenges?

You can register for one or both challenges through your Bybit account, starting from now until Nov. 4.

What are the rewards for the Beginner Fiat Deposit event?

The first 2,000 users making a first-time deposit of at least $100 will each receive a bonus of 10 USDT, from a total prize pool of 20,000 USDT.

What can I win in the Fiat Trading Competition?

The top 50 traders in the Fiat Trading Competition will share an 8,800 USDT prize pool based on their trading performance.

How does Bybit support its users?

Bybit provides 24/7 customer service and a multilingual community, ensuring that users receive the support they need for their trading journey.

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