Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched an exciting Copy Trading Face-Off competition, pitting human traders against automated bots. With a massive 200,000 USDT prize pool, this event challenges participants to prove their trading prowess while offering multiple avenues to win—whether you're a seasoned trader or a beginner.
Competition Overview
The Human vs Bot showdown is designed to explore the strengths of both trading styles:
- Human Traders: Rely on intuition, experience, and strategic judgment.
- Bot Squads: Leverage AI-driven precision and data-backed algorithms.
Participants can join as:
- Master Traders: Lead a squad (Human or Bot) and compete for top rankings.
- Followers: Copy trades from top-performing Master Traders.
- Voters: Predict the winning squad for a chance to win prizes.
Prize Distribution
- 60%: Awarded to top performers across three leaderboards (Master Traders' PnL, Followers' PnL, and Average Followers' PnL).
- 20%: Reserved for members of the losing squad as a consolation.
- 15%: Allocated to the top 100 traders by trading volume.
- 5%: Distributed via lucky draws for voters.
👉 Join the competition now to showcase your skills or support your preferred trading style!
Key Dates
- Registration: Nov. 28, 2024 – Jan. 8, 2025
- Competition Period: Dec. 9, 2024 – Jan. 8, 2025
Why Participate?
- For Experts: Prove human intuition outperforms algorithms.
- For Beginners: Learn by copying top traders or win via voting.
- For All: Access a share of the 200,000 USDT prize pool.
Joan Han, Bybit’s Sales and Marketing Director, states:
"This competition embodies Bybit’s commitment to innovation and trader diversity. We’re eager to see whether the crypto community favors human creativity or algorithmic efficiency."
How to Join
- Register on Bybit during the open enrollment period.
- Choose your role: Master Trader, Follower, or Voter.
- Start trading or voting when the competition begins.
👉 Visit Bybit’s official page for full terms and conditions.
FAQs
1. Can beginners participate?
Absolutely! Beginners can either follow Master Traders or vote for their preferred squad to win prizes.
2. How are prizes distributed?
Prizes are split among leaderboard winners, active traders, and lucky voters. Even the losing squad gets a share.
3. Is there a registration fee?
No. The competition is free to join for all eligible Bybit users.
4. What’s the advantage of joining a Bot Squad?
Bots offer 24/7 trading, emotion-free decisions, and backtested strategies—ideal for data-driven traders.
5. How does voting work?
Users predict which squad (Human or Bot) will win. Correct predictions enter a lucky draw for prizes.
Bybit continues to lead the crypto space with engaging events like this, blending cutting-edge tools with community-driven excitement. Whether you’re #TeamHuman or #TeamBot, this competition is your chance to trade, learn, and win big!