Introducing Bybit Web3's DEX Wave Trading Competition
We're thrilled to share that Bybit Web3, the pioneering division of Bybit, will participate in the World Series of Trading (WSOT) 2024. This much-anticipated event, known as the longest-running crypto trading competition worldwide, is happening from October 1 to October 30, 2024. The WSOT 2024 DEX Wave offers a one-of-a-kind opportunity for participants to trade on-chain and strive for impressive achievements. More than just a trading contest, this event marks the world’s first DEX talent competition that aims to uncover the next star in the Web3 scene, featuring a fantastic lineup of over 100 groundbreaking projects.
Engage with Over 100 DeFi Partners
The WSOT 2024 incorporates Bybit Web3’s DEX Pro platform, giving participants access to a diverse range of DeFi projects and tokens. This comprehensive trading adventure covers everything from memecoins and DeFi to GameFi, supported by more than 100 innovative partners like Yescoin, Bonk, Citizen, Navi Protocol, Blackcardcoin, and Character X. With such an extensive network of partners, the DEX Wave at this year's WSOT provides traders with insight into the incredible opportunities that Bybit Web3 offers in the realm of decentralization.
A Seamless Trading Experience
Bybit’s innovative strategy merges the best of centralized exchanges (CEX) with the freedom and variety found in decentralized exchanges (DEX). This combination creates a smooth trading experience, allowing WSOT participants to explore some of the most exciting markets available today. The event invites traders to dive deep into the vast blockchain ecosystem, providing them with opportunities for learning and development along their journeys.
Crowning the Next Web3 Star with a 1 Million MNT Prize Pool
The inaugural WSOT DEX Wave focuses heavily on community participation. Traders not only compete for their own success but also support the Web3 projects they believe in through a special voting system. As participants accumulate points during the DEX Waves event, they can use these points to vote for their favorite projects. Engaging with these projects opens up possibilities to share in a 1 million MNT prize pool. Plus, traders who score the highest points will be entered into a daily draw for a chance at a share of 200,000 MNT in additional prizes.
Support and Recognition for Winning Projects
The projects that gather the most votes will receive significant backing from Bybit, which might include mentorship from the CEO, opportunities for exclusive listings, and marketing support. This collaboration between the WSOT community and Bybit is all about shaping Web3’s future and highlighting promising talents in the space, while also enhancing the vital trading infrastructure that supports a decentralized financial landscape.
Quotes from Bybit Leadership
“The DEX Wave is an invitation to be part of the future,” said Emily Bao, Head of Web3 at Bybit. “In the rapidly evolving landscape of Web3, this event empowers traders to discover, engage, and excel in the decentralized economy. The stakes are high, but the rewards are even higher. We can’t wait to see who rises to the challenge.”
For more details, participants are encouraged to explore the WSOT 2024 DEX Wave and prepare for an unforgettable experience.
About Bybit
Founded in 2018, Bybit has grown to become the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users globally. The platform offers professional trading features, equipped with a lightning-fast matching engine, 24/7 customer service, and support for a multilingual community. Bybit is also proud to collaborate with the Oracle Red Bull Racing team, current champions of Formula One’s Constructors’ and Drivers’ championships.
Stay Connected with Bybit
For further information about Bybit, users can reach out via email or check out the main website. Bybit also maintains a strong presence across various social media platforms, so users can stay informed about the latest news and developments.
Contact:
Head of PR: Tony Au
Email: tony.au@bybit.com
Frequently Asked Questions
What is the WSOT 2024 DEX Wave?
The WSOT 2024 DEX Wave is a unique trading competition organized by Bybit Web3 that features over 100 blockchain projects for participants to trade on-chain.
How can I participate in the DEX Wave competition?
To join the WSOT 2024 DEX Wave, participants can register and engage through the Bybit platform to take part in the trading activities.
What is the prize pool for the competition?
The total prize pool for the WSOT 2024 DEX Wave is 1 million MNT, along with additional prizes available for the top traders based on their performance.
How are the winning projects selected?
Winning projects are chosen through a voting system, where traders can vote using points they earn during the competition.
What support will winning projects receive?
Projects that receive the most votes will gain support such as mentorship from Bybit’s CEO, marketing assistance, and chances for listing opportunities.
