Buybit wins 100,000 USDT ‘BTC trading competition’ Open

[Photo: Bybit]
[Photo: Bybit]

[Digital Today Reporter Hyunwoo Choo] Virtual asset derivatives exchange bybit will hold a’Korea BTC Trading Competition’ from February 17th to March 3rd to celebrate the Lunar New Year.

This’Korea BTC Trading Competition’ is worth up to 100,000 USDT (approximately 100 million won) in prize money, and will be held with an indefinite BTCUSD futures contract. The final winner who recorded the highest return during the tournament will receive a prize money of 2000 to 20,000 USDT (approximately 2 million to 20 million won) depending on the total number of participants in the competition, and will receive prize money evenly to the top 20.

Vibit Exchange, which is used by over 1.5 million people around the world, is known as an exchange that has held the world’s largest cryptocurrency derivatives trading competition every year since the launch of the platform on December 1, 2018.

Bybit Exchange is achieving the largest transaction volume ever every year, and Korean customers account for 20% of all users. Accordingly, BIBIT is conducting a quarterly’Korean BTC Trading Competition’ for Korean customers, and last year held a total of 7 competitions by holding a Ripple competition for the first time.

Ben Jou, co-founder and CEO of Bybit, said, “At the time of increasing number of new Korean customers, I wanted to organize a special competition for Korean customers who supported Bybit.”

Registration for the Korean BTC trading competition is available from 7pm (Korean time) on the 8th to the 21st through the BIBIT website.

Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.