WSOT 2024: The World’s Largest Crypto Trading Event Introduces DEX Features

WSOT 2024: A New Era for Traders in the Crypto Ecosystem

WSOT 2024 – Dubai, United Arab Emirates, October 2nd, 2024 — The world’s largest crypto trading event is set to usher in a new era with the integration of Web3 and decentralized exchange (DEX) trading, connecting traders, builders, and partners within the evolving decentralized landscape.

Bybit’s WSOT 2024: Bridging Centralized and Decentralized Trading

Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, is integrating Web3 and DEX functionalities into its prestigious World Series of Trading (WSOT) 2024 global competition. This year’s WSOT aims to unite DEX enthusiasts from the Web3 ecosystem and participants from centralized exchanges (CEXs), making it the largest and longest-running crypto trading competition globally.

With a staggering prize pool of up to 10,000,000 USDT, participants can also compete for valuable rewards, including Rolex watches, world travel tickets, and even a luxury yacht.

WSOT DEX Wave: A Transformative Integration

The newly introduced integration, dubbed WSOT DEX Wave, marks a significant shift for Bybit, transforming it from merely an exchange into a key player in the Web3 ecosystem. This initiative supports the broader community of crypto users around the world.

Since its inception in 2020, the WSOT series has evolved into a global phenomenon, creating a competitive yet collaborative environment for traders, builders, and partners in the crypto space.

First-Time Offerings for Web3 Traders

WSOT 2024 will be the first competition allowing traders from the Web3-native decentralized ecosystem to participate, truly breaking new ground for the event’s potential this year. This represents a significant step toward greater inclusivity and innovation within the crypto trading landscape.

Enhanced Competition Structure: Fairness and Skill

In a bid to ensure fairness and skill representation, Bybit’s WSOT 2024 will implement a tiered weighting system. This system guarantees that advantages stemming from resources do not overshadow the display of authentic trading skills. The focus remains on the competence and talent of the traders involved.

Global Insights and Live Streaming

The upcoming WSOT will also provide a wealth of insights through significantly more WSOT-related livestreams than previous iterations. Spectators and participants can expect valuable contributions from global partners, offering a truly comprehensive perspective throughout the competition.

Access to Over 1 Million DeFi Tokens

Participants will also benefit from Bybit Web3’s DEX Pro, gaining access to an extensive range of over 1 million decentralized tokens. They will have the opportunity to trade various DeFi assets, including GameFi tokens, memes, and other innovative DeFi projects. This initiative is backed by over 100 ecosystem partners, such as Yescoin, Bonk, Catizen, Navi Protocol, Blackcardcoin, and Character X, promising a unique Web3 and DeFi trading experience.

A Broader Crypto Experience

“WSOT 2024 opens the door to a broader experience of the crypto world,” stated Ben Zhou, co-founder and CEO of Bybit. “With distinct offerings on our CEX and DEX, we’re empowering traders with the tools to navigate both sides of the market and explore new possibilities. I’m excited to see how they’ll take this opportunity to challenge themselves and elevate their trading to the next level.”

A New Chapter for Crypto Trading

The integration of Web3 and DEX within the WSOT 2024 not only redefines Bybit’s role in the crypto space but also sets the stage for an innovative and inclusive trading environment. As the competition approaches, participants and spectators alike are eager to witness the unfolding of a new chapter in the world of crypto trading.

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