June 15, 2021

Bybit exchange holds a contest for traders with a prize fund of 100 BTC

Bybit exchange holds a contest for traders with a prize fund of 100 BTC

The Bybit Games contest is back and even bigger!

November 18, 2019 starts registration for a new wave competitions of traders Bybit gamescalled BTC Brawl. Unlike the previous ones, this promises to bea real spectacle on a global scale. Traders are waiting for a fight for a prize fund of up to 100 BTC, which will be distributed among the winning teams, as well as the best traders!

Prize pool and bonuses - 100 BTC | $ 50 bonus | 20% discount

Total Prize Pool, Bybit Games - BTC BrawlEdition can reach 100 BTC, 70% of which will be divided between 10 winning teams and 30% among individual traders. As part of the commitment, Bybit will donate 5% of the total prize pool to charity.

In addition to the prize pool, participants who join any of the teams will receive up to $ 50 trading bonus and twenty% discounts on trade commissions for the duration of the competition.

Individual Prize

  • 10 best traders (including team captains and team members) by individual profitability (profit and loss)
  • Member Profitability = [Total Balance ontrading account - (initial balance on the trading account + deposit made during the tournament) - withdrawal of funds during the tournament] / (initial balance on the trading account + deposit made during the tournament)
  • Winners will be selected by calculating the total “Realized Profit and Loss” of each participant. This guarantees equal conditions for all participants, regardless of factors such as trading volume.

Bybit exchange holds a contest for traders with a prize fund of 100 BTC

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Team Prize

  • 30% of the team prize gets the team captain
  • 20% of the team prize get the top 10 traders
  • 50% of the team prize is distributed among the rest of the team
  • Team members who did not open positions for BTC contracts during the tournament are not eligible to claim a share in the prize
  • Winner selection criteria - average PNL of the top 10 team traders

Bybit exchange holds a contest for traders with a prize fund of 100 BTC

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Membership Rules

  • For Traders: Minimum 0.05 BTC in the account at the start of the competition
  • For Team: At least 10 active members in a team
  • After successful registration on the exchange, participants must visit the event page, select and join their favorite team

Check in: from November 18th by November 28 2019

Match: c November 28 by December 13th 2019

The official website of the exchange https://www.bybit.com/

Bybit is a cryptocurrency trading platformderivatives, with the highest rate of order reduction and 2nd in the world in terms of liquidity in the market. Currently, products on the platform include perpetual contracts BTC / USD, ETH / USD, XRP / USD and EOS / USD.

Benefits

  • 10x higher order settlement speed - 100,000 TPS per contract - no overloads;
  • Gray release updates - fixes are released on the go without downtime;
  • 24-hour personal customer service - through online chat or email;
  • [soon] Full Integration with TradingView, 3commas, Tiger trader
  • USDT wallet for hedging and linear contracts
  • Mobile App for iOS and Android
  • Coin Exchange ($ 5 per conversion)

More information about Bybit on the official website - https://bybit.com, and in the official channels of the exchange:

  • Telegram - https://t.me/BybitTradingChat
  • Twitter - https://twitter.com/Bybit_Official
  • LinkedIn - https://www.linkedin.com/company/bybit-fintech-limited/
  • Facebook - https://www.facebook.com/bybitfintech/
  • Medium - https://medium.com/bybit

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