{"id":769,"date":"2021-08-16T12:15:20","date_gmt":"2021-08-16T12:15:20","guid":{"rendered":"https:\/\/ancstockinvestments.com\/blog\/?p=769"},"modified":"2021-08-16T12:15:22","modified_gmt":"2021-08-16T12:15:22","slug":"bybit-launches-wsot-2021-record-7-5-million-prize-pool","status":"publish","type":"post","link":"https:\/\/ancstockinvestments.com\/blog\/2021\/08\/16\/bybit-launches-wsot-2021-record-7-5-million-prize-pool\/","title":{"rendered":"Bybit Launches 2021 Edition of World Series of Trading with Record $7.5 Million Prize Pool"},"content":{"rendered":"\n<p>The summer games of crypto trading are back. The 2021 edition of cryptocurrency exchange Bybit\u2019s World Series of Trading (WSOT), set to open for registration on August 18, promises to be the world\u2019s largest crypto trading tournament yet again.<\/p>\n\n\n\n<p>The WSOT 2021 prize pool is up to an unprecedented $7.5 million, plus a bonus track of WSOT NFT collectibles and additional USDT (Tether).<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"WSOT 2021 \ud83d\udc09 | Official Teaser\" width=\"800\" height=\"450\" data-src=\"https:\/\/www.youtube.com\/embed\/IX-2FBHjJSE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><em>\u201cWSOT is returning bigger and better as promised,\u201d<\/em> said Ben Zhou, co-founder and CEO of Bybit.&nbsp;<\/p>\n\n\n\n<p><em>\u201cWe want to celebrate excellence and the spirit of competition, as well as shine a light on the positive influences of crypto on our daily lives \u2014 improving financial literacy, getting people interested in tech, and putting on top of mind ways we can be a force for change and give back to the wider society.\u201d<\/em><\/p>\n\n\n\n<p>The flagship trading event by Bybit, one of the world&#8217;s most popular crypto exchanges, attracted over 12,000 participants last year. The winning teams and individuals out of 135 troops and 2,128 solo contestants took home $1.27 million in prizes in 2020.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Eyes on the Prize<\/strong><\/h2>\n\n\n\n<p>With a prize pool of up to 6,000,000 USDT for teams and up to 1,500,000 USDT in the individual competition, WSOT 2021 is slated to be the event of the year for crypto traders around the world.<\/p>\n\n\n\n<p><em>\u201cBybit remains in awe by the overwhelming support from the global crypto community. In response, we worked hard in the past 12 months to take the competition experience to the next level with the largest prize pool to date,\u201d<\/em> said Zhou.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Join our\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.community.ancstockinvestments.com\/\" target=\"_blank\">Trading Community<\/a>\u00a0for more signals!<\/h5>\n\n\n\n<p>WSOT 2020 was trader <a href=\"https:\/\/twitter.com\/Junki841\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Junki84<\/a>\u2019s first-ever crypto trading competition. The participant tested out his trading strategy and finished with a legendary 5,242.02% in Individual P&amp;L (%). Equally impressive was trader <a href=\"https:\/\/twitter.com\/SalsaTekila\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">SalsaTekila<\/a>, who came in second with a 3,956.56% Individual P&amp;L (%). With greater rewards and more participants, the competition is expected to be even more intense this year.<\/p>\n\n\n\n<p><em>\u201cWe are grateful for the opportunity to provide a platform for the world\u2019s best traders to live up to their ambition. Their achievements were something to behold. And their craft and passion epitomizes everything crypto is about: creating a fair, transparent and open environment for individuals to be the best they can be,\u201d<\/em> remarked Zhou.<\/p>\n\n\n\n<p>WSOT 2021 is open to global traders where Bybit services are available. Participants can form a troop or play solo to access early bird perks, trading fee discounts or waivers, and a chance at more than 1,000 NFTs and a 40,000 USDT bonus in lucky draws.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Supporting a Better Future&nbsp;<\/strong><\/h2>\n\n\n\n<p>In 2020, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.unicef.org.nz\/stories\/unicef-new-zealand-and-bybit-launch-partnership\" target=\"_blank\">Bybit donated<\/a> from the WSOT prize pool 10 BTC at a market value of over $100,000 at the time, to UNICEF\u2019s pandemic relief efforts. One year on, COVID-19 continues to be a universal crisis, particularly disrupting children\u2019s access to education and threatening their long-term well-being.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"575\" data-src=\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2021\/08\/Bybit-kHNLL5-1068x600-1-1024x575.jpeg\" alt=\"Bybit Launches WSOT 2021 with Record $7.5 Million Prize Pool\" class=\"wp-image-770 lazyload\" data-srcset=\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2021\/08\/Bybit-kHNLL5-1068x600-1-1024x575.jpeg 1024w, https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2021\/08\/Bybit-kHNLL5-1068x600-1-300x169.jpeg 300w, https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2021\/08\/Bybit-kHNLL5-1068x600-1-768x431.jpeg 768w, https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2021\/08\/Bybit-kHNLL5-1068x600-1.jpeg 1068w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/575;\" \/><\/figure>\n\n\n\n<p>Bybit has quadrupled its donation to $400,000 in BTC this year to support UNICEF in its efforts to provide STEM education for girls in Vietnam and deliver quality education in East Asia and the Pacific.<\/p>\n\n\n\n<p><em>\u201cThere really is no better investment than in the welfare of children and their right to education. We hope our donation to UNICEF will help change life for the better for those who will grow up to shape the future,\u201d<\/em> said Igneus Terrenus, head of communications at Bybit.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Also Read: <a href=\"https:\/\/ancstockinvestments.com\/blog\/2021\/08\/14\/dow-sp-500-close-out-winning-week-disney-gets-profitability-boost\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"The Dow and S&amp;P Close out Winning Week, Disney Gets Profitability Boost (opens in a new tab)\">The Dow and S&amp;P Close out Winning Week, Disney Gets Profitability Boost<\/a><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>WSOT 2021 Details<\/strong><\/h2>\n\n\n\n<p>The 10-day registration phase starts at 10AM UTC on August 18, 2021.<\/p>\n\n\n\n<p>Eligible contestants may participate in two main tracks as well as contend for bonus prizes, including NFTs, over a 20-day competition period from August 28 to September 17, 2021:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>BTC &amp; ETH Troop Throwdown: Join or lead a troop of 10 members or above to unlock a prize pool of 6 million USDT&nbsp;&nbsp;&nbsp;<\/li><li>Solo Showdown: Individual traders will compete for their share of 1.5 million USDT in rewards, up from last year\u2019s 90,000 USDT prize pool<\/li><li>+1,000 NFT collectibles of 40 types and 40,000 USDT in bonus await users in daily lucky draws<\/li><\/ul>\n\n\n\n<p>Read the rules and <a href=\"http:\/\/bybit.com\/wsot2021\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">sign up for WSOT 2021 here<\/a>.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About WSOT<\/strong><\/h2>\n\n\n\n<p>The World Series of Trading (WSOT) is a global cryptocurrency trading competition powered by Bybit championing the spirit of competition, fair play, and cultivating camaraderie between crypto lovers from around the world. WSOT ranks contestants by the &#8220;profit vs. loss&#8221; percentage where traders compete on a level playing field, regardless of the depth of their pockets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About Bybit<\/strong><\/h2>\n\n\n\n<p><a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.bybit.com\/\" target=\"_blank\">Bybit<\/a> is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service, and multi-lingual community support. <\/p>\n\n\n\n<p>The company provides innovative online trading services and cloud mining products, as well as API support, to retail and professional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Join our\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.community.ancstockinvestments.com\/\" target=\"_blank\">Trading Community<\/a>\u00a0for more signals on the market!<\/h5>\n","protected":false},"excerpt":{"rendered":"<p>The summer games of crypto trading are back. Bybit&#8217;s 2021 edition of WSOT promises to be the world\u2019s largest crypto trading tournament.<\/p>\n","protected":false},"author":3,"featured_media":771,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,3,10],"tags":[159,160,161],"series":[],"ppma_author":[463],"class_list":["post-769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-investments","category-stock","tag-bybit","tag-crypto-trading-competition","tag-wsot-2021"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bybit Launches WSOT 2021 with Record $7.5 Million Prize Pool<\/title>\n<meta name=\"description\" content=\"The summer games of crypto trading are back. 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