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      SEA Games Derivatives Trading Competition: Represent Your Nation and Win from the 120,000 USDT Prize Pool!

      Calling all trading champions! 🏆

      It's time to rally for your nation in the SEA Games Derivatives Trading Competition and secure your share of the 120,000 USDT prize pool!

      📅 Mark Your Calendars

      Registration Period:

      May 6, 2024, 10AM UTC – May 20, 2024, 10AM UTC

      Competition Period:

      May 8, 2024, 10AM UTC – May 31, 2024, 10AM UTC

      How It Works

      Step 1: Register for the event during the registration period.

      Step 2: Choose your team.

      Step 3: Increase your team's PnL(%) and/or volume to climb the leaderboard.

      Event 1: Squad Trading Volume Competition (Up to 80,000 USDT Prize Pool)

      Squads will be ranked based on their Derivatives trading volume. The top-ranked squads will get USDT rewards based on the unlocked prize pool. The higher the trading volume, the greater the prize pool. The highest prize pool for this event will be 80,000 USDT. Details are as follows:

      Event 2: Squad PnL(%) Trading Competition (Up to 40,000 USDT Prize Pool)

      Squads will be ranked based on their derivatives trading PnL(%). The top-ranked squads will get USDT rewards based on the unlocked prize pool. The higher the trading volume, the greater the prize pool. The highest prize pool for this event will be 40,000 USDT.

      Special P2P Deposit Perks: 8,000 USDT Prize Pool

      Participants who made their first-time deposit of at least $100 via P2P during the event will receive $10 airdrop at the end of the event. Deposit should be made within seven (7) days of registration (no less than $100 until the end of the event).

      Terms & Conditions

      - This trading competition is open to both regular and VIP users in selected countries in the Southeast Asia region. Only users who have completed Identity Verification Lv. 1 are eligible to participate.

      - Market Makers, Institutional Users, and Subaccounts are not eligible to participate in this event. Trading volumes on Subaccounts will contribute to the Main Account.

      - Users must click the Register Now button on this page within the registration period to qualify for the event. Only trading activities that occur after the user's registration will be counted.

      - Once the registration period starts, users can register for the competition and pick a team. Participants are allowed to change their teams before the competition period begins. Once the competition begins, teams cannot be changed.

      - Spot Trading, Copy Trading, Leveraged Tokens, Options Trading, and Trading Bots are not eligible for this competition.

      - Each Bybit account can participate in one (1) competition at a time.

      - Should the system identify users employing identical trading strategies, only the participant with the highest trading volume will be permitted to continue in the competition.

      - If the risk system identifies collusion among users in related trading activities, all associated accounts will be disqualified.

      - During the competition, any user who cancels more than 10 orders per minute may be disqualified.

      - Bybit bonuses can be used as margins for Derivatives trading (exclusive of Spot). They can also be used to cover trading losses and offset trading fees before the user's capital. Bonuses cannot be withdrawn, while profits from trading with bonuses can be withdrawn. Please note that bonuses are forfeited upon any asset withdrawal.

      - All participating users must strictly adhere to the Bybit Terms of Service. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent, or harmful purposes.

      - Bybit reserves the right to modify the terms of this event without notifying users in advance.

      - Bybit reserves the right to final interpretations of the terms and conditions. If you have any questions, please contact our Customer Support.

      Read the original article at bybit

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