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Bybit launches contest for Russian-speaking traders with prize pool up to 10,000 USDT

Bybit launches contest for Russian-speaking traders with prize pool up to 10,000 USDT

The cryptocurrency exchange Bybit announced the launch of a competition for trading USDT contracts with a maximum prize pool of $10,000. This was reported in the company’s blog.

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Timeframe: June 8–30, 2021.

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Registration: until June 29, 2021.

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Participation criteria:

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  • Deposit at least 100 USDT into your trading account.
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  • Register on the competition page.
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  • Trade perpetual USDT contracts. P&L (Profit and Loss Ratio) on inverse contracts BTC/ETH/EOS/XRP is not counted.
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The prize pool depends on trading volume and the number of participants. The organizers will distribute it among the 10 traders with the best P&L as of June 30, 09:00 (MSK).

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Bybit will award the winners on July 1, 2021. The prize amounts will depend on users’ P&L and the unlocked prize pool.

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The standings and detailed contest rules — on the Bybit site.

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Earlier in May, Bybit launched quarterly futures contracts on Ethereum.

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