What are the trading competitions and rewards on
Bybit?
Bybit is a cryptocurrency derivatives trading platform that offers a range of options to traders, including spot trading, leverage trading, and the ability to take part in trading competitions and earn rewards. Bybit offers traders the opportunity to earn rewards in the form of BTC, ETH, and USDT.
Trading Competitions
Bybit organizes regular trading competitions, allowing traders to compete against each other and earn rewards. These competitions usually involve traders trying to achieve the highest return on investment (ROI) over a set period of time. The competitions usually have a prize pool of BTC, ETH, or USDT, which is distributed amongst the top traders.
Rewards
The rewards for these competitions vary depending on the competition, but usually consist of a fixed amount of cryptocurrency or a percentage of the prize pool. For example, the prizes for the “Leverage Race” competition are split among the top 10 traders, with each receiving 10% of the total prize pool. The prize pool for this competition is 5 BTC, meaning that the top 10 traders will each receive 0.5 BTC.
Conclusion
Bybit’s trading competitions and rewards are a great way for traders to earn additional rewards and maximize their profits. The competitions are regularly held and offer traders the opportunity to compete against each other and win prizes. Bybit’s rewards vary depending on the competition, but usually consist of fixed amounts of cryptocurrency or a percentage of the prize pool.
Video
To learn more about Bybit’s trading competitions and rewards, check out this video from the Bybit team: