#Bybit #United Arab Emirates #Dubai #Trading Competition #Crypto Surf

Bybit Launches Crypto Surf: A New Trading Competition

Bybit, recognized as the second-largest cryptocurrency exchange globally by trading volume, has made headlines with its latest initiative: Crypto Surf. Scheduled from April 18 to May 19, 2025, this engaging competition invites traders to partake in a high-energy contest where they can choose to ride waves either by copy trading or utilizing trading bots. The prize pool totals up to $250,000 in USDT, offering a substantial incentive for participants to showcase their trading prowess.

Competition Structure

The unique structuring of the Crypto Surf competition promotes a squad-based format, enabling users to choose their teams and strategize effectively. Participants will compete for top ranks in several categories, including Profit and Loss (PnL), Return on Investment (ROI), and trading volume leaderboards. The dynamic nature of the competition, coupled with strategic decision-making, sets the stage for a thrilling trading experience.

Prize Distribution

The rewards for the competition reflect the efforts of the participants:

• - 40% of the total prize pool will go to the champion squad
• - 30% to the runner-up
• - 25% to the top 100 individual traders based on trading volume
• - 5% will be awarded to those who correctly predict the winning squad

This structured reward system enriches the competitive atmosphere, fostering not only strategy-based trading but also intelligent guessing about the eventual winners.

Qualification Criteria

To ensure only serious candidates enter the fray, there are certain prerequisites:

• - Participants must have a minimum wallet balance of $1,000 in USDT.
• - They need to generate at least $10,000 in squad volume.
• - Complete Level 1 identity verification is necessary.

Furthermore, users are limited to registering with one squad and casting one vote for their prediction. After the conclusion of the event, rewards will be distributed within 14 business days, bringing excitement well into the aftermath of the competition.

Scaling Rewards

What's particularly exciting is that the total prize pool can scale based on event volume milestones. Starting with an estimated trading volume of $1.2 billion, the competition can unlock prizes for volumes up to $2 billion, ensuring that the ultimate prize of $250,000 in USDT can be fully realized based on participation.

Bybit's Crypto Surf not only promises an exhilarating trading experience but also seeks to redefine the trading landscape by merging fun, strategy, and significant rewards within its global community. This event is a testament to Bybit’s commitment to innovation and user engagement in the ever-evolving world of cryptocurrency trading.

About Bybit

Founded in 2018, Bybit has quickly established itself as a leader in the cryptocurrency exchange space, boasting a community of over 60 million users. By fostering transparency and user choice, Bybit continues to innovate in the decentralized finance sector. With a strong emphasis on Web3 and partnerships with leading blockchain protocols, Bybit is dedicated to developing a seamless and equitable ecosystem for all participants in the crypto space. Discover more about Bybit and enhance your trading journey by visiting Bybit.com.