Bybit Launches 2024 World Series of Trading: The Ultimate Crypto Trading Competition Begins

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The 2024 World Series of Trading (WSOT) by Bybit is officially underway, marking the largest and most ambitious crypto trading competition to date. With a staggering $10 million in prizes, integrated centralized (CEX) and decentralized (DEX) trading, and innovative gameplay features, WSOT 2024 offers traders of all levels a dynamic arena to showcase their skills, compete globally, and win life-changing rewards.

As one of the world’s leading cryptocurrency exchanges by trading volume, Bybit continues to push the boundaries of competitive trading. This year’s edition builds on a growing legacy, combining advanced trading tools with community-driven engagement to foster broader crypto adoption.

What Is the World Series of Trading (WSOT)?

The World Series of Trading (WSOT) has evolved into the longest-running and most prestigious crypto trading competition in the industry. Since its inception, it has attracted over 117,000 participants between 2020 and 2022 — a number that surged to nearly 120,000 in 2023. That year alone saw $7.05 billion in trading volume, a 42% year-over-year increase, underscoring the rising popularity of competitive crypto trading.

WSOT 2024 takes this momentum further by integrating both centralized and decentralized finance ecosystems, allowing participants to trade across platforms while competing for massive rewards.

👉 Discover how top traders are maximizing their edge in this year’s biggest crypto challenge.

Key Features for Traders in WSOT 2024

To ensure fair and skill-based competition, WSOT 2024 introduces a three-tier league system based on capital size:

Each league has its own dedicated prize pool, ensuring that success is determined more by strategy and performance than account size.

Participants can also leverage Bybit’s Unified Trading Account (UTA) system, which allows management of up to four sub-accounts under one main account. This feature enhances capital efficiency by consolidating margin and collateral across positions — a game-changer for serious traders aiming to optimize risk and returns.

Bridging CEX and DEX: A Dual-Track Trading Experience

One of the standout innovations of WSOT 2024 is the full integration of Bybit Web3 DEX Pro, giving competitors access to over 10,000 decentralized tokens. Traders can now explore diverse asset classes such as:

This dual-access model enables participants to experience the full spectrum of the crypto ecosystem — from institutional-grade CEX platforms to the fast-moving world of decentralized exchanges.

Introducing Web3 Idol: A New Frontier for Project Exposure

WSOT 2024 launches the industry’s first-ever Web3 Idol competition, where emerging blockchain projects gain visibility through community engagement. Traders earn votes for their favorite projects by completing trades and tasks on DEX Pro.

Each day, users can vote for up to three projects, with the top-performing teams sharing a $1 million MNT prize pool. The winning project receives high-level support from Bybit’s CEO, including potential prime listings and dedicated marketing campaigns.

This initiative not only rewards traders but also empowers innovative Web3 teams to reach a global audience — reinforcing Bybit’s role as a catalyst for ecosystem growth.

Over 100 ecosystem partners are participating in the DEX Pro Trading Cup, including notable names like:

By unifying CEX precision with DEX innovation, Bybit is creating an inclusive environment where both retail traders and early-stage projects can thrive.

“Bybit aims to set industry best practices for both CEX and DEX onboarding, helping drive wider cryptocurrency adoption,” said Ben Zhou, Co-Founder and CEO of Bybit. “By combining these two elements, we enable small projects and professional traders alike to elevate their game.”

Massive Prize Pools: More Than Just Cash

WSOT 2024 offers one of the most generous reward structures in crypto history, with prizes totaling up to $10 million in USDT. Beyond cash, winners can claim exclusive real-world experiences and luxury items, including:

The prize pool is dynamic — it grows as more participants join, making early entry a strategic advantage. Additionally, traders can boost their chances by inviting friends to join the competition, unlocking extra entries into special raffles and bonus draws.

To qualify, participants must:

👉 See how top performers are using smart strategies to dominate the leaderboard.

The Evolution of Competitive Crypto Trading

Since its launch in 2018, Bybit has built a reputation for delivering reliable, high-performance trading infrastructure with ultra-fast order matching and 24/7 multilingual support. Its commitment to innovation extends beyond technology — events like WSOT are designed to educate, engage, and empower the global trading community.

With over 50 million users worldwide, Bybit continues to expand its influence across both traditional finance and decentralized ecosystems. As an official partner of Oracle Red Bull Racing, the reigning Formula 1 World Champions, Bybit aligns itself with excellence, speed, and precision — values mirrored in its trading platform.

WSOT isn’t just about winning prizes; it’s about building skills, testing strategies under pressure, and becoming part of a global movement shaping the future of digital finance.

Frequently Asked Questions (FAQ)

Q: Who can participate in WSOT 2024?
A: Any registered Bybit user aged 18 or older can join, provided they meet the minimum balance requirement of $500 in their Unified Trading Account.

Q: Can I compete in both CEX and DEX categories?
A: Yes! Participants can trade on both centralized and decentralized platforms within the Bybit ecosystem and earn points across both environments.

Q: How are winners selected?
A: Winners are ranked based on their profitability, trading volume, and consistency during the competition period. Separate leaderboards exist for each league and category.

Q: Is there a registration fee?
A: No. Participation in WSOT 2024 is completely free. However, you must maintain the required minimum balance to remain eligible.

Q: When does the competition end?
A: The exact end date will be announced on the official event page. Participants are encouraged to check regularly for updates and milestone rewards.

Q: Can I join after the competition has started?
A: Yes, late entries are accepted, but early participation increases your chances of climbing the leaderboard and unlocking time-based bonuses.

Why WSOT 2024 Matters for the Crypto Ecosystem

WSOT 2024 represents more than just a contest — it's a catalyst for innovation, education, and mass adoption. By blending competitive trading with community voting, project incubation, and cross-platform accessibility, Bybit is setting a new standard for how exchanges engage users.

Whether you're a seasoned trader looking to prove your mettle or a newcomer eager to learn in a live environment, WSOT 2024 offers an unmatched opportunity to grow, compete, and win.

👉 Join thousands of traders already taking part in the ultimate test of skill and strategy.

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