Nov Options Bash : Trade Options & Share a 100,000 USDC Prize Pool!

Oct 31, 2024USDT

Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

Ignite your Options trading this November at our Nov Options Bash! Dive in for a shot at claiming your share of the sizzling 100,000 USDC prize pool!

Event Period: Nov 1, 2024, 0:00 UTC – Nov 30, 2024, 0:00 UTC

First things first — register for the event to be eligible for rewards!

Event 1: PnL Showdown — 50,000 USDC Prize Pool

• Challenge: Trade Options and accumulate a trading volume of at least $10,000,000. Traders will be ranked based on their overall profit and loss (PnL) during the event period.

• Reward: The top 30 traders who meet the criteria will share the 50,000 USDC prize pool.

Ranking	Reward Per Winner (USDC)	Criteria
1	8,000	Effective Options Trading Volume ≥ $20,000,000
2	5,000
3	3,000
4-10	2,000
11-30	1,000	Effective Options Trading Volume ≥ $10,000,000

Notes:

- PnL is calculated as the sum of the total PnL for all positions in Options opened during the event period.

- Closed positions are calculated based on Closed PnL.

- For open positions at the end of the event, PnL is calculated as Unrealized PnL plus Realized PnL.

Event 2: Trading Quest — 50,000 USDC Prize Pool

• Challenge: Trade Options and accumulate a trading volume of at least $10,000,000.

• Reward: All participants who meet the criteria will share the 50,000 USDC prize pool equally.

Spring into action!

Terms and Conditions

- This event is not open to users from Canada, the United States, the Netherlands, France, the United Kingdom, Spain, Australia, Germany, Hong Kong and Singapore.

- Only users who have completed Identity Verification Lv. 1 are eligible to participate in this event.

- Users must register for the event via the Register Now button on the event page to be eligible for rewards.

- Institutional users and Market Makers are not eligible for the event.

- For Event 1, only users with an effective Options trading volume of at least $10M will qualify for the PnL Leaderboard. The top 10 traders must each reach a minimum Options trading volume of $20M to receive corresponding rewards. If they don't meet this threshold, they will receive rewards for the next lower tier.

- Subaccounts are not eligible for this event. The trading volume of Subaccounts will be combined with the Main Account's trading volume toward the final calculation.

- All rewards will be distributed as USDC bonuses.

- Rewards from Event 1 and Event 2 cannot be combined. Only the highest reward will be awarded.

- Rewards will be distributed to eligible winners' Rewards Hub within 14 days after the event ends. Users will have to claim their rewards manually within 14 days.

- All participating users must strictly abide by the Bybit Terms of Service. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent, or harmful purposes.

- Bybit reserves the right to modify the terms of this event without notifying users in advance.

- Bybit reserves the right of final interpretation of this event. If you have any questions, please contact Customer Support."