Bybit, a cryptocurrency derivatives exchange, will open its registration to all willing to take part in its BTC Brawl, a trading challenge for individuals and teams. The team behind the exchange is planning to celebrate another trading volume milestone with this challenge.
Calling All to Answer the Crawl
On November 18, 2019, Bybit will open its registration for the BTC Brawl Competition. This challenge will be organized for individuals and teams, with team leaders having the opportunity to recruit the best traders onto their respective teams. The winners of this challenge will be chosen by calculating the total “Realized Profit and Loss” of every participant.
Registration for the challenge will be open on November 18, 2019, and will last until November 28, 2019. The competition itself will kick off on November 28, 2019 (9:00 AM, UTC), and will run up till December 13, 2019 (9:00 AM, UTC).
Participants that successfully register must visit the event page to select and join their favorite team.
Organizers point out that owners with a minimum of 0.05 BTC in equity will be allowed to participate in competition.
The contested prize pool will be announced right before the competition, and will depend on the number of participants. The total prize can be up to 100 BTC, with 5% of the total prize pool (including individual and team awards) being donated to charity.
A number of registration bonuses will also be sent out to participants. Traders can receive a registration bonus of $10, $30, or $50, depending on when they register for the challenge.
What is ByBit?
Bybit is a cryptocurrency derivatives trading platform. Launched in March of 2018, Bybit is headquartered in Singapore and has offices in Hong Kong and Taiwan. The products available on this trading platform include Bitcoin (BTC), EOS (EOS), Ethereum (ETH), and Ripple (XRP) perpetual contracts. All are pegged to the US Dollar (USD).