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Double the challenge, double the rewards! The GEMSUSDT Trading Competition is here, featuring two (2) distinct events with a combined prize pool of 20,000 USDT. 

Sharpen your trading skills and compete for your share of the prize!

📅 Event Period: Dec 16, 2024, 10AM UTC – Dec 25, 2024, 10AM UTC

First things first — don’t forget to register to qualify for rewards!

[Register Now]<https://www.bybit.com/promo/events/GEMSTradingCompetition>

Event 1: Perpetual Starter Challenge — 5,000 USDT Prize Pool

If you're new to Perpetual contracts on Bybit, this is your perfect starting point.

Trade the GEMSUSDT Perpetual contract and accumulate at least $100 in trading volume. 

 Eligible participants will share the 5,000 USDT prize pool equally.

Event 2: GEMS PnL Trading Championship — 15,000 USDT Prize Pool

Step into the PnL Showdown and compete against fellow traders for a spot on the leaderboard!

Trade the GEMSUSDT Perpetual contract and accumulate at least $50,000 in trading volume. Rankings are based on your realized PnL. 

The top 50 traders will share the 15,000 USDT prize pool as follows:

[Trade Now]<https://www.bybit.com/trade/usdt/GEMSUSDT>

• PnL is calculated based on all GEMSUSDT Perpetual contract positions opened during the event period.

• Closed positions are calculated based on Closed PnL.

• For open positions at the event's conclusion, PnL will account for both Unrealized and Realized PnL, as well as all associated opening and funding fees.

 Automate your trades and maximize trading volume. 

[Activate Bots]<https://www.bybit.com/tradingbot>

Follow top traders and leverage their strategies. 

[Try Now]<https://www.bybit.com/copyTrade/>

Ready to rise to the challenge? Trade GEMSUSDT and win!

- This event is not open to users from Brazil, Hong Kong, the Netherlands, New Zealand, and Spain.

- Users must register for the event via the 

- Only users who have completed Identity Verification Lv. 1 are eligible to participate in this event.

- Institutional users and Market Makers are not eligible for this event.

- Subaccounts are not eligible to participate in this event.

- Only users who have never traded Perpetual contracts on Bybit are eligible to participate in Event 1. Eligible users who achieve a minimum trading volume of $100 in the selected Perpetual contract will equally share the prize pool.

- Participants of Event 1 are also eligible to participate in Event 2. 

- For Event 2, only users who achieve a minimum trading volume of $50,000 in the selected Perpetual contract will be ranked on the PnL Leaderboard. The top three (3) traders must achieve a trading volume of at least $1,000,000 in the selected Perpetual contract to receive full rewards. Otherwise, they will be rewarded at the next lower tier (Ranks 4–10). 

- Perpetual contract trading volumes generated through trading bots and copy trading will count toward the total trading volume.

- Rewards will be distributed to eligible winners' Rewards Hub within 20 days after the event ends. Participants must claim their rewards within 14 days.

- 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. 

GEMSUSDT Trading Competition: Your Chance to Win 20,000 USDT

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