Bybit has launched Crypto Surf, a trading competition running from April 18 to May 19, 2025, with a prize pool of $250,000 USDT. Traders can choose between copy trading and trading bots and compete based on trading metrics like PnL and ROI. Participants must meet specific criteria to qualify. The event aims to merge strategy with excitement in the crypto trading arena.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched an exciting competition called Crypto Surf: Ride the Waves with Trailing Stops. This event, running from April 18 to May 19, 2025, invites traders to participate in a showdown featuring copy trading and trading bots, with a total prize pool of $250,000 USDT available for participants.
The competition employs a squad-based structure where traders align with either copy trading or trading bots to compete against other squads. Participants can measure their success through leaderboards that track Profit and Loss (PnL), Return on Investment (ROI), and overall trading volume. Additionally, there is an opportunity to predict which squad will triumph, adding a layer of strategy to participation.
The prize pool will be distributed as follows: 40% to the champion squad, 30% to the runner-up, 25% allocated to the top 100 individual traders by volume, and 5% for correct predictions of the winning squad. Notably, the total prize pool can increase based on trading volume, starting at a baseline of $1.2 billion, with a potential maximum allocation of $2 billion to unlock the full $250,000.
To participate, traders must hold a minimum balance of $1,000 in USDT and generate at least $10,000 in squad volume along with completing level one identity verification. Each user can only register for one squad and cast a single vote for the eventual winner. Rewards will be distributed within 14 business days following the conclusion of the event, enhancing the appeal of this competitive trading landscape.
Founded in 2018, Bybit is committed to redefining the cryptocurrency trading experience and fostering innovation within the decentralized finance space. Bybit has cultivated a global user community of over 60 million and continues to bridge traditional finance (TradFi) with decentralised finance (DeFi), empowering users with superior tools and resources for crypto trading.
For further information on Bybit, visit their official website. Users can also follow their latest updates across various social media platforms including Discord, Facebook, Instagram, LinkedIn, Reddit, Telegram, TikTok, X, and YouTube.
