{"id":12485,"date":"2024-11-13T20:51:15","date_gmt":"2024-11-13T13:51:15","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=12485"},"modified":"2024-11-13T20:51:15","modified_gmt":"2024-11-13T13:51:15","slug":"bybit-wsot-2024-shatters-records-with-100-billion-in-trading-volume-redefining-crypto-trading-competition","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=12485","title":{"rendered":"Bybit WSOT 2024 Shatters Records with $100 Billion in Trading Volume, Redefining Crypto Trading Competition"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2267288\/Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"\/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">DUBAI<\/span>, UAE<\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 13, 2024<\/span><\/span> \/PRNewswire\/ &#8212; <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow\">Bybit<\/a><\/u>, the world&#8217;s second-largest cryptocurrency exchange by trading volume, proudly announces the successful conclusion of its World Series of Trading (WSOT) 2024, a landmark event that not only shattered previous records but also redefined industry standards. Attracting more than 77,000 traders from over 160 countries, <u><a href=\"https:\/\/www.bybit.com\/en\/wsot2024\/\" target=\"_blank\" rel=\"nofollow\">WSOT 2024<\/a><\/u> generated a remarkable <span class=\"xn-money\">$100 billion<\/span> in trading volume and awarded participants with total profits exceeding <span class=\"xn-money\">$137 million<\/span>. This year&#8217;s event set new heights in inclusivity, innovation, and achievement, making it a pivotal moment in the evolution of global cryptocurrency trading.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>\n<p><b>Pioneering a New Era of Trading<\/b><\/p>\n<p>This year&#8217;s WSOT was a celebration of innovation and community engagement. Bybit&#8217;s commitment to fostering a vibrant trading ecosystem was furthered through initiatives like the <u><a href=\"https:\/\/www.bybit.com\/en\/web3\/wsot2024\/\" target=\"_blank\" rel=\"nofollow\">WSOT DEX Wave<\/a><\/u>, where traders explored Web3 projects, supported emerging talents, and competed for a million MNT prize pool. With UTA account integration, traders gained a strategic edge, able to enter the competition with one primary account and up to four subaccounts.<\/p>\n<p>Additionally, Bybit&#8217;s dedication to giving back was reflected in charitable <u><a href=\"https:\/\/announcements.bybit.com\/article\/wsot-2024-web3-titans-tackle-global-issues-150-000-dogs-await--blt4c8041b862b4ff25\/?cid=1829412258229260288\" target=\"_blank\" rel=\"nofollow\">donations<\/a><\/u> totaling 75 ETH, aligning the competition with causes that resonate with the global trading community.<\/p>\n<p><b>Key Achievements and Milestones<\/b><\/p>\n<ul type=\"disc\">\n<li><b>Unmatched Global Participation:<\/b> WSOT 2024 attracted over 77,000 traders from 160+ countries, highlighting the universal appeal of the competition.<\/li>\n<li><b>Record-Breaking Trading Volume:<\/b> Participants generated a record-setting <span class=\"xn-money\">$100 billion<\/span> in trading volume.<\/li>\n<li><b>Massive Profits for Traders:<\/b> The total trader profit exceeded <span class=\"xn-money\">$137 million<\/span>.<\/li>\n<li><b>Pioneering DEX Integration:<\/b> Bybit introduced decentralized exchange (DEX) trading within WSOT, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi) and providing participants access to over 100 Web3 projects.<\/li>\n<li><b>Enhanced Fairness:<\/b> With the implementation of a tiered weighting system and ROI reset features, WSOT 2024 ensured a level playing field for all traders, fostering a more inclusive and accessible competition.<\/li>\n<\/ul>\n<p><b>Celebrating Individual and Team Accolades<\/b><\/p>\n<p>WSOT 2024 celebrated extraordinary achievements, with standout performances that set new standards in the global trading community:<\/p>\n<ul type=\"disc\">\n<li><b>Largest Squad:<\/b> Arena Tradingu formed the largest squad with 3,310 members.<\/li>\n<li><b>Top Individual Trader<\/b>: The top individual trader secured a whopping <span class=\"xn-money\">$16.5 million<\/span> in profits.<\/li>\n<li><b>Most Active Squad:<\/b> Arena Tradingu executed a mind-blowing 13.8 million trades.<\/li>\n<li><b>Highest Trading Volume<\/b>: Squad 852hoodoo achieved the highest trading volume of <span class=\"xn-money\">$6.9 billion<\/span>.<\/li>\n<li><b>Longest Trading Streak:<\/b> Kennel Capital established the longest trading streak of 22 consecutive days.<\/li>\n<\/ul>\n<p><b>Setting a New Benchmark for Crypto Trading Competitions<\/b><\/p>\n<p>Bybit&#8217;s WSOT 2024 has raised the bar for trading competitions, setting a new benchmark in terms of scale, accessibility, and community involvement. By bridging TradFi and DeFi, embracing decentralized trading, and supporting charitable causes, WSOT 2024 exemplifies Bybit&#8217;s mission to empower and inspire traders from all walks of life, marking a new era for cryptocurrency trading on a global scale.<\/p>\n<p>#Bybit \/ #TheCryptoArk \/<\/p>\n<p><b>About Bybit<\/b><\/p>\n<p>Bybit is the world&#8217;s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24\/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One&#8217;s reigning Constructors&#8217; and Drivers&#8217; champions: the Oracle Red Bull Racing team.<\/p>\n<p>For more details about Bybit, please visit <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow\">Bybit Press<\/a><\/u><\/p>\n<p>For media inquiries, please contact:\u00a0<u><a href=\"mailto:media@bybit.com\" target=\"_blank\" rel=\"nofollow\">media@bybit.com<\/a><\/u><\/p>\n<p>For more information, please visit: <u><a href=\"https:\/\/www.bybit.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.bybit.com<\/a><\/u><\/p>\n<p>For updates, please follow: <u><a href=\"https:\/\/www.bybit.com\/en-us\/promo\/global\/communities\/\" target=\"_blank\" rel=\"nofollow\">Bybit&#8217;s Communities and Social Media<\/a><\/u><\/p>\n<p><a href=\"https:\/\/discord.gg\/bybit\" target=\"_blank\" rel=\"nofollow\">Discord<\/a> | <a href=\"https:\/\/www.facebook.com\/Bybit\/\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a> | <a href=\"https:\/\/www.instagram.com\/bybit_official\/?hl=en\" target=\"_blank\" rel=\"nofollow\">Instagram<\/a> | <a href=\"https:\/\/www.linkedin.com\/company\/bybitexchange\/\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a> | <a href=\"https:\/\/www.reddit.com\/r\/Bybit\/\" target=\"_blank\" rel=\"nofollow\">Reddit<\/a> | <a href=\"https:\/\/t.me\/s\/Bybit_Announcements\" target=\"_blank\" rel=\"nofollow\">Telegram<\/a> | <a href=\"https:\/\/www.tiktok.com\/@bybit_official?lang=en\" target=\"_blank\" rel=\"nofollow\">TikTok<\/a> | <a href=\"https:\/\/twitter.com\/Bybit_Official\" target=\"_blank\" rel=\"nofollow\">X<\/a> |<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2267288\/Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"\/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">DUBAI<\/span>, UAE<\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 13, 2024<\/span><\/span> \/PRNewswire\/ &#8212; <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow\">Bybit<\/a><\/u>, the world&#8217;s second-largest cryptocurrency exchange by trading volume, proudly announces the successful conclusion of its World Series of Trading (WSOT) 2024, a landmark event that not only shattered previous records but also redefined industry standards. Attracting more than 77,000 traders from over 160 countries, <u><a href=\"https:\/\/www.bybit.com\/en\/wsot2024\/\" target=\"_blank\" rel=\"nofollow\">WSOT 2024<\/a><\/u> generated a remarkable <span class=\"xn-money\">$100 billion<\/span> in trading volume and awarded participants with total profits exceeding <span class=\"xn-money\">$137 million<\/span>. This year&#8217;s event set new heights in inclusivity, innovation, and achievement, making it a pivotal moment in the evolution of global cryptocurrency trading.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>\n<p><b>Pioneering a New Era of Trading<\/b><\/p>\n<p>This year&#8217;s WSOT was a celebration of innovation and community engagement. Bybit&#8217;s commitment to fostering a vibrant trading ecosystem was furthered through initiatives like the <u><a href=\"https:\/\/www.bybit.com\/en\/web3\/wsot2024\/\" target=\"_blank\" rel=\"nofollow\">WSOT DEX Wave<\/a><\/u>, where traders explored Web3 projects, supported emerging talents, and competed for a million MNT prize pool. With UTA account integration, traders gained a strategic edge, able to enter the competition with one primary account and up to four subaccounts.<\/p>\n<p>Additionally, Bybit&#8217;s dedication to giving back was reflected in charitable <u><a href=\"https:\/\/announcements.bybit.com\/article\/wsot-2024-web3-titans-tackle-global-issues-150-000-dogs-await--blt4c8041b862b4ff25\/?cid=1829412258229260288\" target=\"_blank\" rel=\"nofollow\">donations<\/a><\/u> totaling 75 ETH, aligning the competition with causes that resonate with the global trading community.<\/p>\n<p><b>Key Achievements and Milestones<\/b><\/p>\n<ul type=\"disc\">\n<li><b>Unmatched Global Participation:<\/b> WSOT 2024 attracted over 77,000 traders from 160+ countries, highlighting the universal appeal of the competition.<\/li>\n<li><b>Record-Breaking Trading Volume:<\/b> Participants generated a record-setting <span class=\"xn-money\">$100 billion<\/span> in trading volume.<\/li>\n<li><b>Massive Profits for Traders:<\/b> The total trader profit exceeded <span class=\"xn-money\">$137 million<\/span>.<\/li>\n<li><b>Pioneering DEX Integration:<\/b> Bybit introduced decentralized exchange (DEX) trading within WSOT, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi) and providing participants access to over 100 Web3 projects.<\/li>\n<li><b>Enhanced Fairness:<\/b> With the implementation of a tiered weighting system and ROI reset features, WSOT 2024 ensured a level playing field for all traders, fostering a more inclusive and accessible competition.<\/li>\n<\/ul>\n<p><b>Celebrating Individual and Team Accolades<\/b><\/p>\n<p>WSOT 2024 celebrated extraordinary achievements, with standout performances that set new standards in the global trading community:<\/p>\n<ul type=\"disc\">\n<li><b>Largest Squad:<\/b> Arena Tradingu formed the largest squad with 3,310 members.<\/li>\n<li><b>Top Individual Trader<\/b>: The top individual trader secured a whopping <span class=\"xn-money\">$16.5 million<\/span> in profits.<\/li>\n<li><b>Most Active Squad:<\/b> Arena Tradingu executed a mind-blowing 13.8 million trades.<\/li>\n<li><b>Highest Trading Volume<\/b>: Squad 852hoodoo achieved the highest trading volume of <span class=\"xn-money\">$6.9 billion<\/span>.<\/li>\n<li><b>Longest Trading Streak:<\/b> Kennel Capital established the longest trading streak of 22 consecutive days.<\/li>\n<\/ul>\n<p><b>Setting a New Benchmark for Crypto Trading Competitions<\/b><\/p>\n<p>Bybit&#8217;s WSOT 2024 has raised the bar for trading competitions, setting a new benchmark in terms of scale, accessibility, and community involvement. By bridging TradFi and DeFi, embracing decentralized trading, and supporting charitable causes, WSOT 2024 exemplifies Bybit&#8217;s mission to empower and inspire traders from all walks of life, marking a new era for cryptocurrency trading on a global scale.<\/p>\n<p>#Bybit \/ #TheCryptoArk \/<\/p>\n<p><b>About Bybit<\/b><\/p>\n<p>Bybit is the world&#8217;s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24\/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One&#8217;s reigning Constructors&#8217; and Drivers&#8217; champions: the Oracle Red Bull Racing team.<\/p>\n<p>For more details about Bybit, please visit <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow\">Bybit Press<\/a><\/u><\/p>\n<p>For media inquiries, please contact:\u00a0<u><a href=\"mailto:media@bybit.com\" target=\"_blank\" rel=\"nofollow\">media@bybit.com<\/a><\/u><\/p>\n<p>For more information, please visit: <u><a href=\"https:\/\/www.bybit.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.bybit.com<\/a><\/u><\/p>\n<p>For updates, please follow: <u><a href=\"https:\/\/www.bybit.com\/en-us\/promo\/global\/communities\/\" target=\"_blank\" rel=\"nofollow\">Bybit&#8217;s Communities and Social Media<\/a><\/u><\/p>\n<p><a href=\"https:\/\/discord.gg\/bybit\" target=\"_blank\" rel=\"nofollow\">Discord<\/a> | <a href=\"https:\/\/www.facebook.com\/Bybit\/\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a> | <a href=\"https:\/\/www.instagram.com\/bybit_official\/?hl=en\" target=\"_blank\" rel=\"nofollow\">Instagram<\/a> | <a href=\"https:\/\/www.linkedin.com\/company\/bybitexchange\/\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a> | <a href=\"https:\/\/www.reddit.com\/r\/Bybit\/\" target=\"_blank\" rel=\"nofollow\">Reddit<\/a> | <a href=\"https:\/\/t.me\/s\/Bybit_Announcements\" target=\"_blank\" rel=\"nofollow\">Telegram<\/a> | <a href=\"https:\/\/www.tiktok.com\/@bybit_official?lang=en\" target=\"_blank\" rel=\"nofollow\">TikTok<\/a> | <a href=\"https:\/\/twitter.com\/Bybit_Official\" target=\"_blank\" rel=\"nofollow\">X<\/a> |<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-12485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/12485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12485"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/12485\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}