Subaccount, an industry-first mechanism that enables users to take part in numerous campaigns at once, is the new competition mechanism that Bybit, the second-largest cryptocurrency exchange in the world based on trading volume, is launching this summer. The inaugural trading competition event using this new standard is the Subaccount Summer Gold Challenge, which gives cryptocurrency aficionados a fair opportunity to compete for a huge prize pool of $3,000,000 USDT.
Bybit Subaccount: A Game-Changer for Trading Competitions
Bybit’s Subaccount system is bringing in a new era of fair and organized competition. This revolutionary approach demonstrates Bybit’s dedication to provide traders with adaptable resources for success.
“Subaccounts empower traders with unmatched flexibility,” said Joan Han, Bybit’s Director of Sales and Marketing. “This industry-first system allows participants to compete in multiple campaigns simultaneously, tailoring their strategies and maximizing their chances of winning.”
Bybit’s subaccount system offers several advantages
- Compete Strategically: Maximize your strategic choices and increase your chances of winning by engaging in multiple campaigns at once with separate balances.
- Simple and Easy to Understand: Increases the likelihood of success by enabling focused administration of each trade or mini-portfolio by keeping things simple and uncomplicated.
Subaccount Summer Gold Challenge: Test Your Skills
Registration and participation for the Subaccount Summer Gold Challenge will start on July 23, 2024, at 10 AM UTC, and it will continue until August 11, 2024, at 10 AM UTC. There will be two different battlegrounds for participants to fight on:
- PnL(%) Leaderboard: Compete for the best % return on investment as you put your trading skills to the test.
- TradeMasters VIP: Display your trading volume and go up the rankings to get exclusive rewards.
Every battlefield presents a distinct obstacle, accommodating varying degrees of trade proficiency and complexity, and guaranteeing considerable rewards. To be eligible for incentives, eligible traders must meet the minimum trading volume requirement and maintain a minimum net equity of $100 in their Subaccount Derivatives Wallet.
Bybit also provides extra incentives, such as a referral bonus for each eligible new member they bring into the Bybit family and a welcome bonus of up to 800 USDT for new VIP members.
To succeed in the Subaccount Summer Gold Challenge, traders must possess expertise, strategy, and the sense of community that sets Bybit traders apart. To participate in the prize pool and make this summer the most rewarding, sign up now and enter the battlegrounds.
