Registration for Bybit’s inaugural BTC Brawl, the “biggest global team trading competition the world has ever seen!”, got underway on 18th November at 9.00AM UTC.
Bybit, a cryptocurrency derivatives exchange based in Singapore, have been going from strength to strength, recently hitting the 4 billion USD mark for 24 hour trading volume, and the BTC Brawl is another sure sign of Bybit’s meteoric rise in the world of crypto derivatives trading.
The global trading competition is styled in a team format with team leaders gunning to recruit the best traders into their respective teams, and will also provide Bybit with the perfect stage to showcase its platform's ability to hand large trading volumes with zero overload issues.
Registration will commence on 18 November to 28 November 2019 and the competition will kick off on 28 November at 9 am (UTC), running up till 9 am (UTC) on 13 December 2019.
To qualify, traders must ensure that they have a minimum of 0.05BTC in equity. Participants are encouraged to ensure they have the sufficient minimum amount in their accounts when the competition starts to avoid any potential immediate negative returns in the competition.
Upon successful registration, participants must visit the event page to select and join their favourite team. Pick your teams wisely, as once a participant has joined a team, they may not switch teams.
Both team and individual awards will be given out, with the top ten in the respective categories bagging prizes.
The winning teams will be chosen by calculating the average “Realized Profit and Loss” of their top 10 players. [The top 10 individuals with the highest “Realized Profit and Loss” will also get a part of the prize pool].
Prize Pool & Bonuses
The total prize pool (including team and individual awards) of the Bybit Games - BTC Brawl Edition can hit up to 100BTC, depending on the number of participants. As part of Bybit’s commitment to giving back to society, 5% of the total prize pool will be donated to a non-profit organization.
Participants who successfully register during the stipulated registration period will receive a one-time participation bonus. Participants will receive a bonus of either $10, $30 or $50 depending on when they sign up. So mark your calendars and sign up fast!
Find out more about Bybit on the Official Website – bybit.com
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