Bybit has announced an exciting opportunity for traders: the VRUSDT Trading Competition. This event allows participants to trade VRUSDT perpetual contracts and compete for a share of a 25,000 USDT prize pool. The competition is divided into two distinct events, catering to both beginners and seasoned traders.
Event Period
The competition runs from February 15, 2025, 12:00 AM UTC to February 25, 2025, 11:59 PM UTC. Ensure you complete your trades within this timeframe to qualify for the rewards.
Event 1: Beginner’s Trading Quest – 5,000 USDT Prize Pool
This event is tailored for newcomers to Bybit’s derivatives trading.
Challenge: Trade VRUSDT perpetual contracts and achieve a total trading volume of at least 100 USDT during the event period.
Reward: All participants who meet the trading volume requirement will share a 5,000 USDT prize pool equally.
Event 2: Profit and Loss (PnL) Ranking Battle – 20,000 USDT Prize Pool
Designed for more experienced traders, this event focuses on profitability.
Challenge: Trade VRUSDT perpetual contracts and achieve a minimum total trading volume of 5,000 USDT. Participants will be ranked based on their Profit and Loss (PnL) ratios during the event.
Reward: The top 50 participants with the highest PnL ratios will share a 20,000 USDT prize pool according to the following distribution:
| Rank | Reward (USDT) |
|---|---|
| 1st | 5,000 |
| 2nd | 2,500 |
| 3rd | 1,000 |
| 4th – 10th | 500 |
| 11th – 50th | 200 |
How to Participate
- Register for the Event: Visit the official event page and click on the “Register Now” button to enroll in the VRUSDT Trading Competition.
- Start Trading: Once registered, begin trading VRUSDT perpetual contracts during the event period.
- Monitor Your Progress: Keep track of your trading volume and PnL ratio to see where you stand in the competition.
Important Notes
- Leverage: The VRUSDT perpetual contract offers up to 20x leverage, allowing traders to maximize their potential returns.
- Innovation Zone: This contract is listed in Bybit’s Innovation Zone, which may have higher trading fees compared to other contracts. It’s advisable to review the fee structure before participating.
- Terms and Conditions: Ensure you read and understand the competition’s terms and conditions to avoid any disqualifications.
Don’t miss out on this exciting opportunity to showcase your trading skills and earn lucrative rewards. For detailed information and to register, visit the official announcement.
Happy trading!
