Dubai, United Arab Emirates, October 30th, 2024, Chainwire

Bybit, the world's second-largest cryptocurrency exchange by trading volume, gathered around 14,000 fans and participants for the thrilling final showdown of the World Series of Trading (WSOT) 2024 livestream on October 29.

As the much-anticipated finale of WSOT 2024 approached, Bybit Co-Founder and CEO Ben Zhou revealed the lucky winner of a $300,000 luxury yacht in the WSOT Grand Draw. Live viewers also shared in a 10,000 USDT prize pool. The top-performing squad leaders and Ben elaborated on significant changes to WSOT rules this year, explaining their strategies for victory and how to manage stress during the competitive crypto trading event.

Highlights:

• Winning strategies: Squad leaders from various cultures shared their insights on crypto trading, hedging strategies, and analytics tools that helped them achieve outstanding P/L performances. They discussed handling market volatility and their experiences as leaders of top squads, along with new features like multiple chances to reset P/Ls and various competition categories by capital size.
• Perfect timing: The live grand draw showcased winners of coveted prizes, including 6 around-the-world trip tickets, 3 Rolex watches, and a yacht, with the grand prize awarded to a squad member enjoying time in the sunny Mediterranean.
• Spreading the joy: The livestream engaged over 2,000 active listeners, with 10,000 USDT shared among 100 lucky Bybit users during airdrop breaks.

This year's crypto trading competition attracted approximately 80,000 participants with a total prize pool of 10,000,000 USDT, and as the event nears its conclusion on October 31, 2024, participants are encouraged to recalibrate strategies and drawn inspiration from master traders.

Ben emphasized WSOT's slogan: "make WSOT fairer," highlighting the division of competitors into Heavyweight, Middleweight, and Lightweight categories. This year, participants could engage using both main accounts and subaccounts. He noted the fluctuating Leaderboard rankings due to significant market movements in recent days.

WSOT remains crypto’s longest-running and largest trading competition, focusing on excellence and sportsmanship. The event continues to evolve, providing fair and engaging opportunities for participants, with livestreaming playing a vital role in building community through real-time interaction.

The replay of the livestream is available: WSOT 2024 Final Showdown

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit offers a professional platform with an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is also a proud partner of Formula One’s reigning champions: the Oracle Red Bull Racing team.

For more information about Bybit, visit Bybit Press

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This article was originally published on Chainwire