WSOT, the World Series of Trading, is the largest crypto trading competition in the world. There’s a lot of buzz around the event because 8 million USDT is up for grabs. Anyone who knows how to trade crypto, or is interested in following experienced crypto traders, can participate by registering at the official tournament website: https://partner.bybit.com/b/global1

The mega-event is a brainchild of Bybit, the innovative crypto exchange established in 2018. Bybit held the inaugural WSOT in 2020, when traders took away nearly $1.27 million in prize money. The overwhelming success of the inaugural WSOT 2020 turned it into a grand annual event, each year bigger than the previous one.

Event Guide

Join To Win 8,000,000 USDT Prize Pool - Bybit WSOT 2023

Join to Earn 8,000,000 USDT

5% of the eventual prize pool plus contributions from Bybit, totaling up to 400,000 USDT worth of United Arab Emirates dirham (AED), will be contributed to Dubai Multi Commodities Centre and other blockchain organisations to support the growth of the crypto industry.

Squad Showdown: Earn a cut of the whopping 6,000,000 USDT prize pool when you join the Squad Showdown!
Copy Trading Fest: Be a top Follower or Master Trader to win from the 300,000 USDT prize pool.
Arena Raffle: Win up to $1,000 in BTC each day from the 620,000 USDT prize pool! Simply complete five easy tasks every day between Jul 24, 2023 and Aug 17, 2023.
Buddy Rally: Grab up to 12,000 USDT from the 80,000 USDT prize pool! Invite friends between Jul 24, 2023 and Aug 27, 2023 and get them to deposit or trade.
Lamborghini and Rolex Giveaway: Stand to win a lambo and rolex watches at our livestream on Aug 24, 2023.

WSOT Schedule

Join To Win 8,000,000 USDT Prize Pool - Bybit WSOT 2023

Registration Criteria

Please be aware of several registration criteria, as they’ll affect your eligibility to join the competitions.

Net Assets vs. Net Equity

Depending upon the specific competition, the registration criteria will look at the amount of net assets or net equity you have in your Bybit account. But what’s the difference between net assets and net equity? Net assets are your total assets minus your liabilities, and include unrealized gains and losses, whereas net equity excludes unrealized gains and losses.

Number of Accounts

Besides net assets and net equity, other elements also come to play in influencing your eligibility to join a competition. For instance, a single user shouldn’t have more than one account. If you create multiple accounts to join competitions on Bybit, you’ll be considered a fraud and will consequently be disqualified. Furthermore, you can only participate in one competition within the same time frame, except for grand-scale competitions like WSOT and ETH Trading Fiesta that hold several events within one competition. In such cases, you’ll be able to participate in more than one event simultaneously.

Main Account vs. Subaccount

While you may only open one main Bybit account, you can open up to 20 Subaccounts connected to your main account. However, your Subaccounts cannot be used in trading competitions, since they include automated tools such as grid tools and copy trading, which poses an unfair edge over competitors who trade manually.

Market Makers and Pro Account

Similarly, Market Makers and Pro users are prohibited from joining Bybit competitions, as they’re typically institutional traders who can make use of their high trading volumes to gain an edge in the competitions.

Referral Link or Code

While most Bybit competitions only specify net assets or net equity as their registration criteria, certain competitions also require a referral link or code on top of the minimum net assets or net equity amount. Through joining such competitions, you can also expect exclusive rewards not found in other competitions: https://partner.bybit.com/b/global1

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