Bybit Launches 100 BTC Brawl Competition
[PRESS RELEASE]
Derivatives Exchange Bybit will be launching the inaugural global ‘BTC Brawl’ Trading Competition. The competition will run from 28 November to 13 December 2019.
The Bybit Games are back, and this time it’s bigger than ever! Come 18 November 2019, registration for the latest instalment of Bybit’s hugely popular trading competition, dubbed – BTC Brawl, will kick-off. Unlike previous editions, this upcoming one promises to be a real global spectacle of epic proportions. As you can tell from its name, the competition will be fiercely contested among traders who will all be brawling for a prize pool of up to 100BTC!
The inaugural BTC Brawl will follow a team format with team leaders gunning to recruit the best traders into their respective teams. Bybit believes that trading in teams will foster a greater sense of team-spirit among participants thus motivating them to work even harder whilst also forging a stronger sense of camaraderie in the community.
The winners will be chosen by calculating the total “Realized Profit and Loss” of every participant. This ensures that there is a level playing field for all participants, regardless of factors like trading volume.
Bybit is constantly striving to maintain a safe, reputable and reliable marketplace for traders to conduct their trading activities. This global BTC Brawl competition is the ideal platform for Bybit to showcase to the world that our platform will never have overload issues regardless of how many people are trading on it.
Competition Info
To qualify, traders must ensure that they have a minimum of 0.05BTC in equity. We strongly encourage participants 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, once a participant has joined a team, they may not switch teams.
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.
Prize Pool & Bonuses
The total prize pool (including team and individual awards) of the Bybit Games – BTC Brawl Edition can hit up to 100BTC. As part of Bybit’s commitment to giving back to society, 5% of the total prize pool (including team and individual awards) will be donated to charity.
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!
Knock ‘em dead brawlers!
About Bybit
Bybit is a cryptocurrency derivatives trading platform established in March 2018 and registered in the BVI. It is headquartered in Singapore and has offices in Hong Kong and Taiwan. We have a truly global user base that reaches North America, Europe, Russia, Japan, South Korea and Southeast Asia. Bybit is focused on serving everyone from individual retail clients to professional derivatives traders. Currently, the products on the platform include BTC/USD, ETH/USD, XRP/USD and EOS/USD perpetual contracts.
Our founding team comprises experts from industry-leading companies such as Morgan Stanley, Tencent, Ping’an Bank and Nuoya Fortune. Thanks to the wealth of experience and understanding of the industry that our founders have, Bybit operates with the belief that – Our liquidity ranks second because we put our clients first. We are committed to creating a fair, transparent and efficient trading environment.
Our platform’s fresh and user-friendly UI is designed for all crypto traders. Bybit’s matching engine never overloads with over 100,000 TPS dedicated to every single trading pair, and we have 99.99% platform availability with no server downtime. All funds are kept safe with our Hierarchical Deterministic Cold Wallet System storing all assets. The latest implementation to our platform is the Coin-Swap feature, that allows users to seamlessly swap their coins with just a few clicks. Additionally, we provide a 24/7 multilingual live-chat customer service to provide timely solutions for our users.
We want our users to trade on our platform with a peace of mind and that is why at Bybit, we Listen, Care, and Improve to consistently provide the best possible trading experience and create a faster, fairer, and more human trading environment. Currently, the products on the platform include BTC/USD, ETH/USD, XRP/USD and EOS/USD perpetual contracts.
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