How to join Bybit’s WSOT competition?
At the time of registration, the net asset value (contract account balance) ≥ 0.03 BTC or 0.45 ETH, you can participate in the BTC & ETH team competition.
The team competition uses BTC and ETH reverse contracts (including reverse delivery and reverse perpetual contracts.
Competition periods are:
- Registration stage (10 days):
- August 18, 2021 at 10 a.m. to August 28, 2021 at 10 a.m. (UTC)
- Late registration period (7 days):
- August 28, 10 am to September 4, 10 am (UTC)
- Team captain registration stage (9 days):
- August 18, 2021 at 10 a.m. to August 27, 2021 at 10 a.m. (UTC)
- Competition phase (20 days):
- August 28th at 10 am to September 17th at 10 am (UTC)
Complete the transaction task and win the limited edition WSOT NFT. The top ten collectors can also share the 40,000 USDT prize pool!
What are the rewards of Bybit’s WSOT Competition?
The total bonus pool is up to 6 million USDT, including team profit rate (%) rewards, personal profit rate (%) rewards, and personal profit amount rewards.
- Team profit rate (%) reward:
- 70% of the total prize pool, divided by the top 10 teams. In the winning team, the captain will receive 20% of the prize money, the top 10 players who meet the requirements will receive 30%, and the remaining 50% will be equally divided among the players who meet the minimum transaction volume requirements.
- Individual profit rate (%) reward:
- 15% of the total prize pool, divided by the top 10 participants with personal profit rate (%). The system will calculate the cryptocurrency profit rate (%) and determine the currency with a higher profit rate (%) (BTC or ETC reverse contract).
- Personal profit award:
- 15% of the total prize pool, divided by the top ten contestants with personal profit rate. The system will calculate personal BTC and ETC reverse contract profit. Calculated based on the price of BTC and ETH at the time of the last update.
Rewards are distributed to the winners’ Bybit accounts and can be withdrawn directly.
Rewards can be accumulated and are not mutually exclusive.
5% of the final prize pool and Bybit’s donation (a total of $400,000) will be donated to the United Nations Children’s Fund (UNICEF) to support its restructuring education projects in East Asia and the Pacific, helping local children to obtain quality education and to prepare for future employment.
Go to Bybit’s Official Website
Please check Bybit official website or contact the customer support with regard to the latest information and more accurate details.
Bybit official website is here.
Please click "Introduction of Bybit", if you want to know the details and the company information of Bybit.
(Forex Broker)
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April 24, 2024
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