Bybit, a cryptocurrency exchange, won the main event "BTC Troop Showdown" by the Korean team "WTC" at the "World Series of Trading (WSOT)" trading competition. Announced that it was done. The prize money won by the winning team will be 35 BTC (about 40 million yen).
The profit and loss at the end of WTC member "junki84" was 5242.02%. He has recorded and won the top profit and loss ratio and profit and loss ratio even in individual competitions.
In addition, the team "Jalapeño" led by famous cryptocurrency trader Salsa Tequila is ranked in 2nd place, and the team led by poker player Mike McDonald is in 3rd place.
WSOT is a competition provided by the cryptocurrency exchange Bybit, and a total of 12368 participants were divided into 135 teams to compete for the profit and loss of the trade. In addition, the tournament has both individual and team competitions, and the total prize pool is 1.27 million dollars, which is well over 100 million yen.
Bybit CEO Ben Zhou commented:
We are honored that WOST has brought the excitement of a trading competition to the crypto community, and we are grateful for the incredible enthusiasm and support that the competition has received. WSOT will come back even bigger and better in the next chapter
Zhou concludes his comment by announcing the next WSOT event.
The number of cases where cryptocurrency exchanges hold trade competitions to acquire new users is increasing, but Bybit competitions are attracting a lot of attention due to the size of the prize money and the ingenious mechanism such as team battles. It was.
In the 2019 tournament, the prize pool was 50 BTC, but this time it has doubled to 100 BTC, and attention will be focused on the scale of the next tournament.