{"id":16924,"date":"2021-08-16T01:30:00","date_gmt":"2021-08-16T01:30:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/08\/16\/bybit-brings-annual-trading-competition-world-series-of-trading-wsot-2021-to-the-next-level-with-record-7-5m-prize-pool\/"},"modified":"2021-08-16T01:30:00","modified_gmt":"2021-08-16T01:30:00","slug":"bybit-brings-annual-trading-competition-world-series-of-trading-wsot-2021-to-the-next-level-with-record-7-5m-prize-pool","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/08\/16\/bybit-brings-annual-trading-competition-world-series-of-trading-wsot-2021-to-the-next-level-with-record-7-5m-prize-pool\/","title":{"rendered":"Bybit Brings Annual Trading Competition World Series of Trading (WSOT) 2021 to the Next Level With Record $7.5M Prize Pool"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<ul>\n<li>4.9x bigger prize pool than last year at up to 7.5m&#13;<br \/>\nUSDT &amp; NFT addition<\/li>\n<li>Largest WSOT donation to UNICEF at $400,000 in BTC<\/li>\n<\/ul>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>SINGAPORE\u00a0&#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media&#13;<br \/>\nOutReach<\/a>\u00a0&#8211;\u00a016 August 2021 &#8211; The summer games of&#13;<br \/>\ncrypto trading are back. The 2021 edition of cryptocurrency exchange <a href=\"https:\/\/www.bybit.com\/\">Bybit<\/a>&#8216;s&#13;<br \/>\nWorld Series of Trading (WSOT), set to open for registration on Aug. 18,&#13;<br \/>\npromises to be the world&#8217;s largest crypto trading tournament yet again. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The WSOT 2021 prize pool is up to an unprecedented 7.5&#13;<br \/>\nmillion USDT, plus a bonus track of WSOT NFT collectibles and additional USDT,&#13;<br \/>\nBybit announced today. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;WSOT is returning bigger and better as promised,&#8221; said&#13;<br \/>\nBen Zhou, co-founder and CEO of Bybit. &#8220;We want to celebrate excellence and the&#13;<br \/>\nspirit of competition, as well as shine a light on the positive influences of&#13;<br \/>\ncrypto on our daily lives \u2014 improving financial literacy, getting people interested&#13;<br \/>\nin tech, and putting on top of mind ways we can be a force for change and give&#13;<br \/>\nback to the wider society.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The flagship trading event by Bybit, one of the world&#8217;s&#13;<br \/>\nmost popular crypto exchanges, attracted over 12,000 participants last year.&#13;<br \/>\nThe winning teams and individuals out of 135 troops and 2,128 solo contestants&#13;<br \/>\ntook home $1.27 million in prizes in 2020.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>\u00a0<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Eyes on&#13;<br \/>\nthe Prize<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>With a prize pool of up to 6,000,000 USDT for teams and up&#13;<br \/>\nto 1,500,000 USDT in the individual competition, WSOT 2021 is slated to be the&#13;<br \/>\nevent of the year for crypto traders around the world.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;Bybit remains in awe by the overwhelming support from the&#13;<br \/>\nglobal crypto community. In response, we worked hard in the past 12 months to&#13;<br \/>\ntake the competition experience to the next level with the largest prize pool&#13;<br \/>\nto date,&#8221; said Zhou. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>WSOT 2020 was trader <a href=\"https:\/\/twitter.com\/Junki841\">junki84<\/a>&#8216;s first ever crypto trading competition. The participant&#13;<br \/>\ntested out his trading strategy and finished with a legendary 5,242.02% in&#13;<br \/>\nIndividual P&amp;L(%). Equally impressive was trader <a href=\"https:\/\/twitter.com\/SalsaTekila\">SalsaTekila<\/a>, who came in second with a 3,956.56% Individual&#13;<br \/>\nP&amp;L(%). With greater rewards and more participants, the competition is&#13;<br \/>\nexpected to be even more intense this year. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;We are grateful for the opportunity to provide a platform&#13;<br \/>\nfor the world&#8217;s best traders to live up to their ambition. Their achievements&#13;<br \/>\nwere something to behold. And their craft and passion epitomizes everything&#13;<br \/>\ncrypto is about: creating a fair, transparent and open environment for&#13;<br \/>\nindividuals to be the best they can be,&#8221; remarked Zhou.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>WSOT 2021 is open to global traders where Bybit services&#13;<br \/>\nare available. Participants can form a troop or play solo to access early bird&#13;<br \/>\nperks, trading fee discounts or waivers and a chance at more than 1,000 NFTs&#13;<br \/>\nand 40,000 USDT bonus in lucky draws.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Supporting&#13;<br \/>\na Better Future <\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>In 2020, Bybit <a href=\"https:\/\/www.unicef.org.nz\/stories\/unicef-new-zealand-and-bybit-launch-partnership\">donated<\/a>&#13;<br \/>\nfrom the WSOT prize pool 10 BTC at market value of over $100,000 at the time,&#13;<br \/>\nto UNICEF&#8217;s pandemic relief efforts<sup>[1]<\/sup>.&#13;<br \/>\nOne year on, COVID-19 continues to be a universal crisis, particularly&#13;<br \/>\ndisrupting children&#8217;s access to education and threatening their long-term&#13;<br \/>\nwell-being.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Bybit has quadrupled its donation to $400,000 in BTC this&#13;<br \/>\nyear to support UNICEF in their efforts to provide STEM education for girls in&#13;<br \/>\nVietnam and deliver quality education in East Asia and the Pacific. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;The world is learning to cope with the ongoing pandemic,&#13;<br \/>\nbut vulnerable groups who feel the deepest impact are often overlooked. Over&#13;<br \/>\nthe years Bybit has borne witness to the talent and potential of members of the&#13;<br \/>\nglobal crypto community, regardless of age, gender and background,&#8221; said Igneus&#13;<br \/>\nTerrenus, head of communications at Bybit.<span style=\"font-size: 1rem\">\u00a0&#8220;There really is no better&#13;<br \/>\ninvestment than in the welfare of children and their right to education. We&#13;<br \/>\nhope our donation to UNICEF will help change life for the better for those who&#13;<br \/>\nwill grow up to shape the future.&#8221;<\/span><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>WSOT 2021&#13;<br \/>\nDetails<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The 10-day registration phase starts at <b>10AM UTC on Aug. 18<\/b>.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Eligible contestants may participate in two main tracks as&#13;<br \/>\nwell as contend for bonus prizes, including NFTs, over a 20-day competition&#13;<br \/>\nperiod from Aug. 28 to Sept. 17:<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0&#13;<br \/>\n<b>BTC &amp; ETH Troop Throwdown<\/b>: join or lead a troop of 10 members or above to unlock a&#13;<br \/>\nprize pool of 6 million USDT\u00a0\u00a0\u00a0 <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0&#13;<br \/>\n<b>Solo Showdown<\/b>:&#13;<br \/>\nindividual traders will compete for their share of 1.5 million USDT in rewards,&#13;<br \/>\nup from last year&#8217;s 90,000 USDT prize pool<b\/><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <b>+1,000 NFT&#13;<br \/>\ncollectibles of 40 types and 40,000 USDT in bonus<\/b> await users in daily lucky draws<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p>Read the rules and sign up for WSOT 2021: <a href=\"https:\/\/go.bybit.com\/hXRx84yIEib\">bybit.com\/wsot2021<\/a><b\/><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>\u00a0<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<div><br clear=\"all\"\/><\/p>\n<hr width=\"33%\" size=\"1\" align=\"left\"\/>\n<div id=\"ftn1\">\n<p><sup>[1]<\/sup> UNICEF&#13;<br \/>\ndoes not endorse any company, brand, product or service.<\/p>\n<\/div>\n<\/div><\/div>\n<p><script async src=\"http:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-08-16\/90182\/bybit-brings-annual-trading-competition-world-series-of-trading-wsot-2021-to-the-next-level-with-record-7-5m-prize-pool\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>4.9x bigger prize pool than last year at up to 7.5m&#13; USDT &amp; NFT addition Largest WSOT donation to UNICEF at $400,000 in BTC &#13; &#13; SINGAPORE\u00a0&#8211;\u00a0Media&#13; OutReach\u00a0&#8211;\u00a016 August 2021 &#8211; The summer games of&#13; crypto trading are back. The 2021 edition of cryptocurrency exchange Bybit&#8216;s&#13; World Series of Trading (WSOT), set to open for &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16924"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=16924"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16924\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=16924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=16924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=16924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}