Business Daily Media

Men's Weekly

.

Bybit’s World Series of Trading 2022 Entices Top Traders With a Record-Breaking $8M Prize Pool

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 26 May 2022 - Bybit's World Series of Trading (WSOT) has been blazing a trail in competitive digital assets trading, and this year is no exception with registrations set to open on May 26, 2022.

Players will compete in the world's largest crypto trading tournament for a share of the record-breaking prize pool consisting of up to 8 million USDT, non-fungible tokens (NFTs) and other perks and giveaways. To champion crypto as a force for empowerment for girls' education, through the flagship event, Bybit will be donating $400,000 in Bitcoin to UNICEF.


Breaking down the barrier between virtual and physical sports this year, WSOT returns with an exciting arena to pitch participants in an adrenaline-filled race against gaming athletes from some of the world's most formidable esports organizations. Competing on skills, speed and split-second judgment, the star guests will navigate the crypto sphere with traders from around the world, making WSOT 2022 the platform for crypto lovers to challenge world champions in esports.

"WSOT this year is all about racing to the next level," said Ben Zhou, co-founder and CEO of Bybit. "We want to encourage gamers, traders, and teams to join us in a spirit of competition and distinguish themselves at the world's greatest crypto trading tournament. We also want to use this opportunity to amplify the positive impact of crypto: improving financial literacy and financial inclusion, and putting wealth back in the hands of the common people."

Bybit's WSOT was pioneered by the cryptocurrency exchange to recognize traders who could achieve the best profit/loss ratio regardless of the investment amount. Last year, WSOT 2021 saw 35,000 participants who unlocked a record $4.09 million of the prize pool and 1,339 NFT awards. Team players from 136 eligible regions formed or joined 196 troops in the main event, with the top team making 20x in earnings. Nearly 20,000 solo players took part in the individual competition, where the winner delivered a profit and loss ratio of 7,265.94%.

Racing to the Next Level

Doubling the prize pool to up to 8 million USDT for three tracks — Solo Race, Squad Race and Speed Zone Loot, WSOT 2022 is set to captivate crypto lovers worldwide.

"The global WSOT community has unlocked a total of over $5 million in prizes in the past two years. And we are presenting an $8-million prize pool this year to share our passion for crypto with as many people as possible," Zhou said. "WSOT embodies what Bybit is all about: providing an honest, fair, level playing field for traders to capitalize on their talent. We built this ultra-fast platform trusted by the world's most competitive traders and loved by crypto beginners, because we believe that in the new world of the digital economy everyone should have equal opportunities and the ability to capture wealth with the power of technology."

Public registration for WSOT 2022 is open globally where Bybit services are available on June 10. While the trading contest period is from June 27 to July 17, 2022, participants can expect a series of perks, task-based and bonus rewards, fee waivers and lucky draws throughout the summer.

With Bybit's significant market depth and best-in-class liquidity, participants can look forward to going further in trades and enjoy maximum profitability to rank higher on the leaderboards. Additionally, Bybit's 24/7 multilingual customer support is available to ensure participants get the support they need and have a timely solution to their trading challenges along the way.

Giving Back

Through participating in WSOT, participants will be supporting UNICEF's work to ensure all children have access to quality digital education. Bybit is committed to furthering its partnership with UNICEF Aotearoa New Zealand to empower girls' education in East Asia and the Pacific with another BTC donation equivalent to $400,000 at WSOT 2022, or 5% of the prize pool plus contributions from Bybit.

The donation is dedicated to the UN's Sustainable Development Goal No. 4 towards "inclusive and equitable quality education" via UNICEF efforts. It helps fund, among other initiatives, digital education for girls in the region by making science and technology education within reach for marginalized groups with innovative education solutions.

"In order to overcome global challenges and ensure a level playing field for future generations, we must bridge the gender digital divide and support the further education of girls," Zhou said. "We are grateful for the opportunity to use our platform and resources to support UNICEF's efforts to ensure all children have access to quality education, especially the most vulnerable groups."

Read more about WSOT and sign up here: https://go.bybit.com/e/g9Wrgxeajqb


About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit:

For updates, please follow Bybit's social media platforms on











#Bybit

News from Asia

SNP Group Appoints Jelita Kamal as Chief Operating Officer for Asia Pacific

SNP creates new COO role to scale growth and operations across Asia Pacific Seasoned leader Jelita Kamal appointed to drive strategy, execution, and revenue Move reflect...

Gashub Launches "Switch Campaign"

Driving Singapore’s Transition Towards a Cleaner Energy Future SINGAPORE - Media OutReach Newswire - 21 October 2025 - GasHubUnited Utility Private Limited ("GasHub"), Singapore's leading Liquefi...

The MTick Arrives in Asia: DFI Retail Group Leads as First Asian Retail Partner with GenM to bring Visibility and Accessibility to the Menopause Support

1 billion women are experience menopause at any given time—yet 87% feel overlooked and underserved by retailers and brands.1 For the first time, the MTick® is going global, as lea...

Global Youth Powerhouse Summit 2025 Convenes for the 2nd Year, Igniting Youth Innovation and Global Leadership

HONG KONG SAR - Media OutReach Newswire - 20 October 2025 - The second annual Global Youth Powerhouse Summit 2025, organized by the Hong Kong Youth Professional Global Advocacy, officially took ...

GIT Elevates Thailand’s Gem and Jewelry Industry with "Sustainability Standards" Advancing Good Governance, Transparency, and Traceability to Capture a Share of the USD 366 Billion Global Market

BANGKOK, THAILAND - Media OutReach Newswire - 21 October 2025 - The Gem and Jewelry Institute of Thailand (Public Organization), or GIT, has unveiled a strategic plan to accelerate the adoption of...

10th World Traditional Wushu Championships Held in Emeishan City, China

EMEISHAN CITY, CHINA - Media OutReach Newswire - 21 October 2025 - On October 16, the 10th World Traditional Wushu Championships opened in Emeishan City, Sichuan Province, China. Against the backd...

Discover Xinghua, China – a "Dual Heritage + Four Seasons" Journey Through Scenic Countryside

XINGHUA, CHINA - Media OutReach Newswire - 21 October 2025 - Dongluo Village in Taizhou, Jiangsu, was named one of UN Tourism's 2025 "Best Tourism Villages" at the UN Tourism awards on October 17...

G-AsiaPacific Achieves Premier Tier Status within the AWS Partner Network

SUBANG JAYA, MALAYSIA - Media OutReach Newswire - 22 October 2025 - G-AsiaPacific Sdn Bhd (G-AsiaPacific), a Malaysian-born cloud service provider and subsidiary of K-One Technology Berhad, has ac...

Allianz Trade in Asia Pacific sets foot in Vietnam

Allianz Trade extends geographical footprint to new location Vietnam HONG KONG SAR - Media OutReach Newswire - 22 October 2025 - Allianz Trade in Asia Pacific is pleased to announce the opening o...

Flyer King Becomes 4As Member: From Street Promotions to Professional Marketing Power

HONG KONG SAR - Media OutReach Newswire - 22 October 2025 - Starting from street promotions in 2013, Flyer King has gradually evolved into a full-service marketing company under the leadershi...

pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...

Yellow Canary partners with Celery to bring pre-payroll assurance technology to Australia

Wage underpayment headlines continue to put pressure on employers of all sizes, revealing how costly payroll mistakes can be for small and medium bu...

Brennan Bolsters Leadership to Accelerate Next Growth Chapter

In a move to further embed cybersecurity at the heart of its business strategy and deliver sovereign secure-by-design solutions for its customers, A...

How to Be Investable: Insights from Richelle Nicols, CEO of Pollinatr

Richelle Nicols is the CEO of Pollinatr, a pioneering investment and business development program designed to support and accelerate the growth of s...

What Can Australian SMEs Hope For in a Meeting Between Albanese and Trump?

For small and medium-sized enterprises (SMEs) in Australia, international politics might seem distant—but when leaders like Prime Minister Anthony...

Qantas to Serve Nan’s Davidson Plum Cookie

Lake Macquarie, NSW (Awabakal Country): From a single mother’s kitchen bench to supermarket shelves, Wiradjuri entrepreneur Terri-Ann “Tezzi” Dani...