Bybit’s Demo Trading Tournament lets you compete for a share of 12,150 USDT—all without risking your own funds. Designed for those new to derivatives, this tournament offers unlimited demo funds to practice, trade, and potentially earn substantial rewards. Mark your calendar and prepare to join a zero-risk, high-reward event on one of the world’s leading crypto platforms.
Event Overview: Key Dates to Remember
The tournament runs in three consecutive series, giving you multiple chances to compete and win:
- Series 1: November 13, 2024, 10 AM UTC – November 26, 2024, 10 AM UTC
- Series 2: November 26, 2024, 10 AM UTC – December 9, 2024, 10 AM UTC
- Series 3: December 9, 2024, 10 AM UTC – December 22, 2024, 10 AM UTC
Each series offers a fresh start, so if you miss one, you can join the next round for a chance at the prize pool. The countdown below is until the end of the last series, so you have until then to join:
How to Join the Demo Trading Tournament
Participating in Bybit Demo Trading Tournament is simple and open to anyone with a verified account. Follow these steps to get started:
- Register for the Event: Sign up by clicking the “Register Now” button on the event page to confirm your spot in the tournament.
- Open a Demo Account and Apply for Demo Funds: After registering, set up your demo account. Bybit provides unlimited demo funds for you to practice trading without any financial risk.
- Meet the Minimum Trading Volume: To qualify for rewards, accumulate a minimum trading volume of $10,000 in demo trades during each series. Don’t forget – you have unlimited demo funds for this.
Rewards Structure: Win Big Based on Your PnL Percentage
Binance’s Demo Trading Tournament ranks participants by their PnL (profit and loss) percentage, rewarding the top performers in each series. Here’s how the prize distribution works:
| Ranking | Reward (USDT) | Minimum Trading Volume Required ($) |
|---|---|---|
| 1 | 500 | 50,000 |
| 2 | 300 | 50,000 |
| 3 | 200 | 50,000 |
| 4-10 | 50 | 30,000 |
| 11-50 | 30 | 20,000 |
| 51-100 | 20 | 10,000 |
| 101-150 | 10 | 10,000 |
Whether you finish first or within the top 150, there are multiple opportunities to secure rewards. Top-ranked participants stand to gain the most, while those who meet the trading volume minimums can still benefit from smaller rewards. Because you have unlimited funds to play with, trading volume is not a problem whatsoever.
To ensure smooth participation, Bybit has set a few guidelines:
- Identity Verification: Participants must complete Identity Verification Level 1 to qualify.
- Main Account Requirement: Only registrations from main accounts are eligible for rewards.
- Automatic Distribution: Rewards are credited as coupons to your Rewards Hub within 14 working days after each series ends.
Why Join the Demo Trading Tournament?
This tournament offers a rare chance to practice derivatives trading without putting your assets on the line. For newcomers, demo trading is a fantastic opportunity to gain experience, test strategies, and explore Bybit’s amazing trading platform risk-free. The added incentive of a 12,150 USDT prize pool makes it even more appealing to get involved and compete against other traders.
Alongside this demo trading competition, those who are new to Bybit can also use Cexfinder’s exclusive referral code during signup to claim a 500 USDT position airdrop. Claiming the airdrop is also free of risks and doesn’t even require a deposit. Be sure to take advantage of free funds from multiple events!
Don’t miss your chance to trade risk-free and compete for a substantial prize pool. Head over to the Bybit Demo Trading Competition event page, register, set up your demo account, and start trading. Whether you’re new to derivatives or a seasoned trader looking for a challenge, the Demo Trading Tournament promises a unique way to engage with the crypto market. Start practicing now, aim for the top ranks, and you could walk away with a share of 12,150 USDT!
