Bybit crypto exchange has announced that the World Series of Trading (WSOT) in 2022 will include a record-breaking prize pool of up to 8 million USDT, NFTs and other benefits. The world’s largest crypto trading tournament, WSTO, will open for registration on May 26, 2022. Also, WSOT 2022 registration opens to the general public on June 10 in countries where Bybit services are available. Participation in the trading contest is open from June 27 to July 17, 2022. However, perks, task-based and extra incentives, fee waivers and lucky draws continue throughout the summer.
WSOT 2022 will be a platform for crypto enthusiasts to battle esports champions from around the world. The key weapons needed will be skill, speed, and the ability to make split-second decisions. For Solo Race, Squad Race, and Speed Zone Loot, WSOT 2022 has doubled the prize pool to up to 8 million USDT, which is sure to excite crypto enthusiasts around the world.
This year’s WSOT will feature a brand-new venue in which contestants will face off against esports athletes from some of the world’s most powerful esports organizations. More than 35,000 people participated in WSOT 2021 last year. The competition resulted in a record $4.09 million prize pool and 1,339 NFT awards. Main event participants came from more than 130 areas, with the top team collecting 20 times as much money as the second-placed team.
Bybit’s competition for a good cause
In addition to this, the World Series of Trading is not just a trading competition; rather, it is a competition that benefits a charitable cause. Participants will help UNICEF’s efforts to guarantee that all children have access to high-quality online education. Under the auspices of UNICEF, the donation will go toward achieving Sustainable Development Goal No. 4, which calls for “equitable and inclusive quality education” for all.
Bybit is committed to extending its engagement with UNICEF Aotearoa New Zealand, and this is a part of that commitment. The partnership’s goal is to increase educational opportunities for females in East Asia and the Pacific. At WSOT 2022, Bybit will donate another BTC equal to $400,000, or 5% of the prize pool and contributions. Ben Zhou, co-founder and CEO of Bybit stated, “We also want to use this opportunity to amplify the positive impact of crypto: improving financial literacy and financial inclusion, and putting wealth back in the hands of the common people.”