#None #Bybit #Trading #SignalPlus

Bybit and SignalPlus Join Forces for an Exciting Trading Competition

In what promises to be an exhilarating event for crypto enthusiasts worldwide, Bybit, renowned as the second-largest cryptocurrency exchange based on trading volume, has partnered with the digital asset trading platform SignalPlus. The duo is set to launch the Bybit x SignalPlus Trading Competition, boasting an impressive prize pool of $300,000 USDT. This joint venture aims to provide both seasoned traders and newcomers with the chance to showcase their skills and potentially earn substantial rewards.

Event Timeline

The competition is scheduled to kick off on September 16, 2025, at 8 a.m. UTC, and will continue until October 14, 2025, concluding at the same time. Those interested in participating can register until the very last day of the competition. This flexibility allows traders ample opportunity to join in on the action, linking their Bybit accounts to the SignalPlus platform to execute their trades.

Competition Structure

Participants can look forward to two distinct competition sessions: the Prime Session and the Boost Session. Each session features unique activities designed to engage traders thoroughly.

• - Prime Session: This part of the event includes exciting daily individual lotteries with prizes up to 300 USDT. Additionally, teams can compete for travel packages and share USDT prizes, with a total of 1,500 USDT being distributed each week among the top-performing teams.

• - Boost Session: Traders can dive into interactive experiences, including the Legion Supply Station, where they can make predictions about Bitcoin's market trends to win daily prizes. The session also rewards long-term participation with milestone incentives, offering up to 8,000 USDT weekly based on performance.

Aside from the competition perks, new traders can also benefit from registration bonuses and rewards for their first trades, which will further sweeten the deal. Participants may share in an additional 1,000 USDT prize pool, with extra rewards of 300 USDT offered in both categories.

Community Focus

Ken Tian, Head of the Derivatives Business Unit (DBU) at Bybit, emphasized the importance of this collaboration, stating, "Teaming up with SignalPlus supports our vision of cultivating a vibrant trading ecosystem. This competition is designed for all participants to enhance their trading skills while enjoying exciting rewards."

SignalPlus CEO Chris Yu also expressed enthusiasm for the partnership, highlighting the initiative's goal of making advanced options trading accessible and rewarding for all. He described the competition as a unique opportunity for traders to refine their strategies and connect with the trading community.

Educational Initiatives

The excitement doesn't stop with the competition itself. In the lead-up to the trading contest, Bybit and SignalPlus hosted an Options Masterclass aimed at demystifying options trading. Conducted by experienced trader 0xcryptobobo, the masterclass provided a structured approach designed to equip novices with foundational knowledge in options trading. By using an engaging analogy involving Tai Chi, he helped elucidate the intricate dynamics of Calls and Puts — layers that can be daunting for beginners.

The workshop shifted focus on trading mindset, stressing the importance of managing losses effectively. 0xcryptobobo advised students to embrace losses as an integral part of the trading journey and urged them to adopt a cautious approach, advocating for the allocation of merely 10 to 20 percent of one's capital when embarking on trades. This methodology underscores the significance of risk awareness as a pillar for sustained success in trading.

To cement the principles taught in the masterclass, participants were encouraged to execute their initial options trades with a budget of no more than 100 USDT. This grounded practice helps reduce apprehension, providing immediate feedback that exemplifies the full spectrum of the trading cycle within a matter of days.

Key Participation Details

The competition is open to Bybit users across the globe, with a few exceptions for residents from certain countries such as France, North Korea, the U.S., and parts of Europe. All participants must complete Level 1 Identity Verification and comply with the conditions stipulated by Bybit and SignalPlus.

In conclusion, this trading competition represents an exceptional opportunity for traders at any experience level to engage in a thrilling challenge, educate themselves, and potentially win significant prizes. With the exciting collaboration between Bybit and SignalPlus, the crypto community has much to look forward to in the coming weeks.