The annual WSOT trading competition is back. Registration for the 2021 edition of the WSOT of the cryptocurrency exchange Bybit began on August 18 and promises to be the largest cryptocurrency trading tournament in the world again. The 2021 WSOT prize pool could reach a historic value of 7.5 million USDT, as well as include collectible WSOT NFTs and additional USDT prizes, Bybit announced .
“WSOT is back bigger and better, just like we promised,” said Ben Zhou, co-founder and CEO of Bybit . “We want to celebrate excellence and the spirit of competition while showcasing the positive influence of cryptocurrencies in our daily lives: improving financial literacy, sparking people’s interest in technology, and demonstrating the ways we can be a force for change and give back a little to the whole society”.
The classic trading event of Bybit , one of the most popular cryptocurrency exchanges in the world, attracted more than 12,000 participants last year. Between the 135 troops and 2,128 individual entrants, the winners took home $1.27 million in prizes in the 2020 version.
An award with a historical figure
With a prize pool of up to 6 million USDT for the Group Challenge and up to 1.5 million USDT in the Individual Challenge, the WSOT 2021 is predicted to be the event of the year for crypto traders worldwide.
“At Bybit we continue to be amazed at the incredible support from the global cryptocurrency community. As a thank you, we have worked very hard over the past 12 months to bring the experience of this competition to the next level with the biggest prize yet,” said Zhou.
The WSOT 2020 was user junki84’s first trading competition. The participant put his trading strategy to the test and ended up with an incredible 5,242.02 % individual P&L (%). Equally impressive was trader SalsaTekila , who finished second with individual P&L (%) of 3,956.56%. With more rewards and more entrants, the competition is expected to be even more intense this year.
“We are grateful for the opportunity to provide a platform that lives up to the ambition of the world’s best traders. His achievements were worthy of admiration. And his skill and passion are the epitome of everything crypto stands for: creating a fair, transparent, and open environment for people to show the best version of themselves,” Zhou remarked.
WSOT 2021 is open to traders from all parts of the world where Bybit services are available. Participants can form a troop or compete solo and get early bird perks, discounts or waivers on trading fees, and over 1,000 NFTs and an additional 40,000 USDT in raffles.
