[WSOT 2023] The Competition Kicks Off: 6,300,000 USDT Awaits at the Squad Showdown and Copy Trading Fest

Aug 7, 2023Derivatives

Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

The stage is now set for an exhilarating showdown at World Series of Trading (WSOT) 2023! With a staggering prize pool of 6,300,000 USDT up for grabs, this year's competition promises to be nothing short of extraordinary.

Squad Showdown: Up to 6,000,000 USDT in Prizes

🗓 Competition period: Aug 7, 2023, 10AM UTC – Aug 27, 2023, 10AM UTC

In WSOT, teamwork takes center stage. While Squad Leader registrations have already closed, you may still participate as a Squad Member and look forward to a cut of the 6,000,000 USDT prize pool!

Seek out your squad and trade Derivatives to win prizes — you can win based on both your personal and team achievements.

☀️ Early Teammate Rewards: The first 10 users* to join a squad will receive an extra $10 BTC bonus.

Do note that once the competition starts, you won't be able to change squads unless your current squad is disbanded, so choose wisely!

The Squad Showdown comprises three (3) main categories:

Squad PnL (%)
Individual Trading Volume, and
Individual Profit

Here's a glimpse of the rewards:

Category	Squad PnL(%)	Individual Trading Volume	Individual Profit
Prize Pool	3,600,000 USDT	1,200,000 USDT	1,200,000 USDT
No. of Winners	Top 10 squads	Top 150	Top 150
Distribution	Within the squad: • Squad Leader gets 20% of winnings • Top 10 eligible members get 30% of winnings • All eligible members share 50% of winnings	–	–

The higher your rank, the greater your winnings!

Note:

Participants must trade at least $30,000 on Derivatives to be eligible for rewards.
In the event where two (2) teams have the same PnL(%), or two (2) users have the same profit, the team or trader with the greater trading volume will have priority ranking.

*Squads with fewer than than 10 people as at Aug 7, 2023, 9:30AM UTC will be disbanded, and Squad Members will be randomly assigned to another squad. Early Teammate Rewards are forfeited if the squad is disbanded.

Copy Trading Fest: Up to 300,000 USDT in Prizes

🗓 Competition period: Aug 7, 2023, 10AM UTC – Aug 27, 2023, 10AM UTC

This year, we welcome a brand new addition to our WSOT series — the Copy Trading Fest!

We're bringing together the best of both worlds, allowing traders to showcase their skills as Master Traders or Followers. By joining forces, you can unlock incredible opportunities and compete for a share of the impressive 300,000 USDT prize pool!

🤝 Master Trader Challenge: Be one of the Top 10 Master Traders with the highest follower's PnL and share the 150,000 USDT prize pool.

💪🏼 Follower Challenge: Be one of the Top 50 Followers with the highest PnL and share the 150,000 USDT prize pool.

Ready to rise to the top together as a Master Trader or Follower?

🍀 Feeling lucky? Don't forget to try your hand at the Arena Raffle, where you stand to win $1,000 in BTC everyday. Tune in to our livestream on Aug 24, 2023, 10AM UTC and you could drive away with the grand prize: a Lamborghini Huracán EVO Spyder!

👯‍♂️ The Buddy Rally is on! Invite your friends to the competition and earn rewards together.

Check out our event page for the full list of Terms and Conditions.