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Top Trader Showdown: Trade and Unlock a 850,000 USDT Prize Pool!

Apr 10, 2023InstitutionsDerivatives
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.

Attention all traders!

Sharpen your trading skills and prepare for up to 850,000 USDT in prizes at the Top Trader Showdown — the more traders who participate and trade, the higher the prize pool unlocked.

🗓 Registration Period: Apr 10, 2023, 10AM UTC – Apr 27, 2023, 10AM UTC

🗓 Competition Period: Apr 13, 2023, 10AM UTC – Apr 28, 2023, 10AM UTC

Complete these two (2) steps to be eligible for rewards:

1. Register for the event during the registration period.

2. Hit a Derivatives trading volume of at least $5,000,000 during the competition period.

You'll be ranked based on Derivatives trading volume. The higher your trading volume, the greater your share of the prize pool!

Invite your friends to participate, trade and grow the total prize pool!

Please note:

  • The trading volume calculation for this event includes any trading pairs from the following derivative products: USDT Perpetual, Inverse Perpetual Contract, Inverse Futures, and USDC Perpetual Contract.
  • ETH pairs such as ETH (Perpetual, Inverse, Futures), LDOUSDT, FXSUSDT, ANKRUSDT, RPLUSDT, and SSVUSDT are excluded from this event.
  • Trading volumes from Spot Trading, Copy Trading, Leveraged Tokens and Trading Bots will not be considered for this event.

VIP Exclusive

1. Receive a VIP Level upgrade* during the event period to be eligible for the following perks:

  • Upgrade to VIP 1-3: 200 USDT bonus
  • Upgrade to VIP 4-SVIP: 1,000 USDT bonus

* Users' initial VIP Levels (including non-VIPs) will be recorded at the point of registration, and the final VIP Level will be determined when the event ends.

Eligible users can contact their VIP Ambassadors to claim their VIP Level upgrade bonus.

2. Deposit via Buy Crypto:

  • Deposit** a minimum of $5,000 via Buy Crypto to receive a 50 USDT bonus
  • Eligible purchase methods include credit card, Fiat Deposit, and P2P on our Buy Crypto page
  • Rewards are available in limited quantities and will be given out on a first-come, first-served basis to the top 200 VIP users by Buy Crypto deposit volume.

** The calculation for Buy Crypto volume will begin after registration and will be accumulated till the end of the event.

Eligible users can contact their VIP Ambassadors to claim their VIP reward.

Terms and Conditions:

  • Users must click the Register Now button during the event registration period (Apr 10, 2023, 10AM UTC – Apr 27, 2023, 10AM UTC) to be eligible for rewards.
  • The trading volume calculation for this event includes any trading pairs from the following derivative products: USDT Perpetual Contract, Inverse Perpetual Contract, Inverse Futures, and USDC Perpetual, except for ETH pairs such as ETH (Perpetual, Inverse, Futures), LDOUSDT, FXSUSDT, ANKRUSDT, RPLUSDT, and SSVUSDT.
  • Trading volumes accumulated via Spot Trading, Copy Trading, Leveraged Tokens and Trading Bots will not count toward the event.
  • Only trading volumes accumulated after registration for the event will be counted. Eligible trading volumes will be based on the total trading volume accumulated during the event period.
  • Trades from any USDT or USDC Perpetual and Inverse Contracts newly launched in April 2023 will not be counted.
  • Users must reach a Derivatives trading volume (USDT & USDC Perpetual and Inverse Contracts) of at least $5,000,000 to be eligible for rewards. Business KYC accounts, Market Makers, and Pro users are not eligible.
  • Subaccounts are not eligible for this event, but their trading volumes will count toward the total trading volume on their Main Account.
  • Existing Unified Margin Account (UMA) and Unified Trading Account (UTA) users are eligible for this event. Please also note that non-UMA and non-UTA users who join this event cannot upgrade to Unified Trading Account during the entire event period.
  • Live rankings are subject to change until they are finalized at the end of the event.
  • If two participants accumulate the same total trading volume, their final ranking will be determined by when their trading volumes are achieved.
  • Participants who are ranked but do not meet the minimum trading volume requirement will not receive the full reward. Please contact your dedicated VIP Ambassador if you are unable to meet the minimum trading volume requirement. For example, if the trading volume of the top trader ranking is $25,000,000, which is 50% of the minimum trading volume requirement, the participant will get a 50,150 USDT Bonus [100,300 USDT * 50%]. Ranking results will be announced on the event page once finalized.
  • Rewards will be sent out to eligible reward recipients' Spot/Funding Accounts within 30 days of ranking results announcement.
  • Rewards will be distributed based on the users' trading volumes and the final prize pool unlocked.
  • Users must complete Identity Verification Lv. 1 to claim rewards. If you face any issues, please contact your VIP Ambassador.
  • If participants with identical trading strategies are detected by our risk detection engine, only the participant with the highest trading volume will be allowed to continue with the event.
  • 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 of final interpretation of this event. If you have any questions, please contact our customer support.

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