☀️ 2022 Last Summer Trading Competition: Grab a Share of the 100,000 USDT Prize Pool!

Hey Bybit Fam, what kind of pool is cooler than a pool in summer?

The answer is: A 100,000 USDT prize pool, of course!

This year, take your summer plans to the next level when you take part in the 2022 Last Summer Trading Competition. Simply trade a minimum of 1,000 USDT in any USDT Perpetual Contracts to qualify for the prize pool.

📝 Registration period: Aug. 5, 2022, 12AM (midnight) – Aug. 29, 2022, 12AM (midnight) UTC

🗓️ Event period: Aug. 17, 2022, 12AM (midnight) UTC – Aug. 31, 2022, 12AM (midnight) UTC

To grab a share of the 100,000 USDT prize pool, be one of the top traders with the highest Profit & Loss (P&L) margins. Here's how it works:

P&L(%) = Profit / (Inital Equity + Total Deposits) * 100%

• Profit = [Account Final Equity (incl. unrealized P&L and/or bonus) - Account Initial Equity (incl. unrealized P&L and/or bonus) + Withdrawal amount during the competition - Deposit amount during the competition]
• Deposits = Accumulated deposits (incl. transfers, awarded bonus, commissions, asset exchange) during the competition period
• Withdrawals = Accumulated withdrawals (incl. any withdrawals and asset exchange) during the competition period

Ready to jump into the prize pool?

Terms and Conditions:

1. This event is only available for traders in Korea. Users may only trade USDT Perpetual Contracts for this competition.
2. The prize pool is capped at 100,000 USDT, and the actual prize money rewarded to each participant is determined by the number of eligible participants.
3. Rewards will be credited to the top winners in terms of Individual P&L(%) and will be based on the total number of participants and the unlocked prize pool. The rankings will be shown at the bottom of the competition page.
4. During the competition, rankings will be updated every 5 minutes, and the final ranking of the competition will be officially released after the competition concludes. There may be changes in the rankings until the results are finalised.
5. Participants must meet a minimum trading volume of 1,000 USDT to qualify for the prize pool.
6. Rewards will be distributed to eligible participants' Bybit accounts within 15 working days after the announcement of the results.
7. Bybit reserves the right to disqualify a user if he/she engages in any inappropriate, dishonest or abusive activities (such as wash trading, volume faking, participating using multiple accounts, market manipulation, etc.) during the competition.
8. If users with similar trading strategies have been detected by our risk detection system, only the participant with the highest P&L(%) will be allowed to continue in the competition.
9. If users have been detected to have engaged in matched trading activities by our risk detection system, all associated users will be disqualified from the competition.
10. During the competition, any user who cancels more than 10 orders per minute may be disqualified.
11. Each Bybit account can only participate in the competition once within the same time frame.
12. Bybit reserves the right of final interpretation of the Terms and Conditions. If you have any questions, please contact our customer service.