Crypto exchange Bybit announces the ‘2023 World Series of Trading’
Crypto exchange Bybit has revealed the details for its annual trading event, the ‘2023 World Series of Trading (WSOT)’. The event, now in its fourth edition, will have a prize pool of up to $8 million in USDT and will feature a live stream giveaway of Rolex Explorers and Huracan Evo Spyder Lamborghinis. The registration for the event will begin on July 13, with general registration open from July 24 to August 17. Bybit is also making demo trading available for the first time to make the competition more accessible to beginners.
Key points:
- Registration for the ‘2023 WSOT’ will start on July 13.
- The event will have a prize pool of up to $8 million in USDT.
- There will be a live stream giveaway of Rolex Explorers and Huracan Evo Spyder Lamborghinis on August 24.
- General registration will be open from July 24 to August 17.
- Bybit is introducing demo trading for the first time to attract more participants.
Bybit’s expansion plans
In addition to the ‘2023 WSOT’, Bybit has been focusing on expanding its global presence. The company recently received the Minimum Viable Product (MVP) Preparatory License from Dubai’s Virtual Assets Regulatory Authority (VARA) for its subsidiary, Bybit FinTech FZE. Bybit is also keeping a close eye on the regulatory landscape in the United Kingdom, Hong Kong, and the European Union.
Hot Take
Bybit’s ‘2023 World Series of Trading’ is set to be an exciting event for crypto traders, offering a substantial prize pool and the chance to win luxury items. The inclusion of demo trading for beginners shows Bybit’s commitment to making the competition accessible to all skill levels. With influential traders and megastars participating, the WSOT is sure to attract a large audience and generate significant trading volume. Bybit’s aggressive global expansion plans, including the recent license from VARA, demonstrate the company’s ambition to establish itself as a leading player in the crypto exchange industry.
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