Bybit Launches BTC Trading Competition with 50,000 USDT Prize Pool
Bybit's BTC Trading Competition Overview
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched an exhilarating BTC Trading Competition. This event celebrates Bitcoin's new all-time highs and offers a substantial prize pool of 50,000 USDT. The competition is scheduled from November 19 to December 10, 2024, allowing traders of various skill levels to participate and win.
Advanced Trading Tools for Participants
To enhance the trading experience, Bybit provides advanced tools such as Trading Bots and the Copy Trading feature. These tools empower traders to automate strategies and mimic successful trading approaches, ensuring both novices and experienced traders can optimize their performance in the competition.
Event Details and Challenges
Beginner's Trading Quest
The first event, Beginner's Trading Quest, features a prize pool of 10,000 USDT. Participants are challenged to trade BTC Perpetual contracts, achieving a minimum trading volume of $100. Eligible traders will share the prize pool equally, providing an excellent opportunity for newcomers to the crypto trading scene.
PnL Showdown
The second event, PnL Showdown, boasts a 40,000 USDT prize pool. Traders must reach a trading volume of at least $100,000, with rankings based on Profit and Loss (PnL). The top prize is 6,000 USDT, followed by rewards for the top 50 participants, ensuring a competitive and rewarding experience.
Joining the Competition
The competition offers a unique chance to engage with the dynamic Bitcoin market. Bybit encourages users to register and participate, using its tools to maximize potential earnings and enjoy a seamless trading journey.
About Bybit
Bybit, established in 2018, is a leading cryptocurrency exchange, renowned for its ultra-fast matching engine and exceptional customer service. Serving over 50 million users, Bybit is also a proud partner of the Oracle Red Bull Racing team, enhancing its reputation in the crypto industry.
What is Coinefficiency?
Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.
Why Use Coinefficiency?
- Advanced market analytics to identify trading opportunities.
- Compare markets relative performance.
- Understand market cycles over time. See market levels.
- Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.
With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.
Get Started with Coinefficiency
Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.