Cryptocurrency Derivatives Exchange Bybit Launches Trading Competition
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Cryptocurrency Derivatives Exchange Bybit Launches Trading Competition

Bitcoin Press Release: Derivatives Exchange Bybit has officially started its first Trading Competition on Twitter. The competition will run from April 8th to May 6th, 2019.

April 11, 2019, Singapore – Singapore-based global derivatives exchange Bybit has launched a new Trading Competition for users to match their skills against one another in the hunt for over $6,000 in total prize money. The trading competition will see participants demonstrate their trading mastery in an attempt to place among the top 5 traders at the end of the period to qualify for a prize pool worth over 6,000 USD, and the 1st place prize is 3000 USD.

The best traders will be calculated using ‘Realized Profit and Loss’, which means that all traders can fairly participate, regardless of factors like trading volume. Interested Individuals can join by following Bybit on Twitterretweeting the Competition Poster, having at least 0.02BTC in deposits in a Bybit account, and filling out a brief registration form. Bybit will DM all participants on Twitter to confirm registration and send out a $20 Competition Bonus.

The registration will take place from April 8th to 15th and the competition will run from April 15th to May 6th. Additionally, any weekly retweets of the campaign posters from April 8th to May 6th will enter participants into a Weekly Raffle to win a Ledger Nano S. For a full list of terms see here.

Welcome Bonus

Bybit is also offering a Welcome Bonus to all new traders so they may try out the platform at no risk to themselves. The Welcome Bonus will reward new users registering on the platform with a $10 Bonus and an additional $50 Trading Bonus with an initial deposit of at least 0.2 BTC for a grand total of $60 of Trading Bonus. Only the initial BTC deposit will count towards the Trading Bonus.

The Trading Bonus is a margin amount transferred directly to client’s Bitcoin wallets and is meant to be used for trading on the platform. It cannot be withdrawn but can be used for trading fees, order margin, funding fees and to cover potential losses. Profits made from the Trading Bonus can be freely withdrawn, but doing so would forfeit any Bonus remaining

About Bybit

Bybit is a global cryptocurrency derivatives exchange designed for all retail traders, professionals and investment institutions alike. Bybit aims to revolutionize today’s cryptocurrency market by combining the best of cryptocurrencies and traditional finance to bring about the industry’s safest, most reliable, fairest, and most user-friendly trading platform.

Headquartered in Singapore and registered in BVI, our founding team is made of professionals from the Forex industry, investment banking, and early blockchain adopters. Our technology team includes experts from numerous leading companies such as Morgan Stanley, Tencent, Ping’an Bank and Nuoya Fortune.

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