Bybit Announces March Trading Competition with Exclusive Rewards

Bybit, a leading cryptocurrency trading platform, has officially launched its March Trading Competition as part of the Bybit Trader's Year of 2024 event, offering participants the chance to win prestigious rewards including tickets to the VIP Gala 2024, top-of-the-line iPhone 15 Pro devices, and exclusive VIP merchandise.

Following the remarkable turnout in February, Bybit is back, promising even more opportunities for traders to showcase their skills and luck in the competitive arena. The event is designed to combine both trading acumen and a bit of fortune, ensuring a dynamic and engaging environment for all participants.

Bybit is a cryptocurrency exchange established in March 2018, which has quickly risen to prominence in the crypto trading space. According to our Bybit review, it is known for its user-friendly interface, advanced trading features, and robust security measures. Bybit offers a platform for trading various cryptocurrencies through derivative products, primarily perpetual contracts that mimic the spot market but with higher leverage. 

How to Participate:

Registration: Traders interested in participating must hit the 'Register Now' button on the event page and ensure they have a minimum of $500 or an equivalent in assets in their Bybit Derivatives/Funding Account.

The Challenge: Participants are encouraged to trade any Derivatives contract, including USDC contracts, flexing their trading muscles to climb to the top of the leaderboard.

Leaderboard Rankings: Success is measured by PnL(%) with the top 100 spots being hotly contested. In the event of a tie, rankings will be determined based on trading volume, adding an extra layer of strategy to the competition.

The Rewards:

The competition is segmented into two main draws:

1. Top Performers Draw: The top nine traders will not only receive glory but also tangible rewards including tickets to the prestigious VIP Gala 2024, iPhone 15 Pro devices, and exclusive VIP merchandise, setting them apart in the trading community.

2. Random Draw: In a twist of fate, 40 participants from the top 100 will be randomly selected to win VIP Trial Cards, ensuring that everyone has a fair chance at walking away with something special.