How to join Bybit trading competitions? (WSOT guide)

Understanding Bybit Trading Competitions

1. Bybit hosts multiple trading competitions throughout the year, with the World Series of Trading (WSOT) being the most prominent and widely recognized event. It attracts thousands of participants from over 100 countries, offering real-time PnL tracking, transparent leaderboards, and substantial prize pools funded in Bitcoin and USDT.

2. Participation is open to all verified Bybit users aged 18 or older, provided they meet jurisdictional eligibility requirements. Users from restricted regions—including the United States, Canada, Japan, and several others—are explicitly prohibited from joining due to regulatory constraints.

3. Competitors must trade on Bybit’s perpetual futures markets using either USDT-margined or COIN-margined contracts. Spot trading, options, and margin lending activities do not count toward competition scores.

4. Each WSOT season operates under a fixed timeframe—typically spanning six to eight weeks—and consists of multiple qualifying rounds followed by a live Grand Final where top performers compete in real time under monitored conditions.

Registration and Account Preparation

1. To join, users must first complete full KYC verification on Bybit, including submission of government-issued ID and proof of address. Incomplete or pending verification disqualifies entries automatically.

2. A minimum deposit of 100 USDT or equivalent in BTC/ETH is required before the registration deadline. This balance serves as initial margin and confirms active trading intent; it does not get locked or forfeited.

3. Traders must enable two-factor authentication (2FA) via Google Authenticator or hardware key. SMS-based 2FA is not accepted for competition eligibility.

4. Participants are required to opt-in through the official WSOT registration portal within the Bybit web platform—not via mobile app or third-party links. Confirmation emails and dashboard banners appear upon successful enrollment.

Scoring Mechanics and Eligible Instruments

1. The core scoring metric is Net Profit & Loss (PnL), calculated as realized PnL minus fees, excluding funding payments and unrealized positions at round closure.

2. Only trades executed on Bybit’s BTCUSDT, ETHUSDT, SOLUSDT, and XRPUSDT perpetual contracts contribute to rankings. Altcoin pairs such as ADAUSDT or DOGEUSDT are excluded unless explicitly added in that season’s rules update.

3. Leverage settings must remain within the allowed range: 1x to 50x for USDT-margined contracts and 1x to 25x for COIN-margined ones. Violations trigger immediate score invalidation for that session.

4. Copy trading, API-based auto-trading, and grid bots are permitted only if operated solely from the participant’s personal account without external signal providers or shared strategy logic.

Compliance and Disqualification Criteria

1. Any evidence of wash trading—including matched orders between related accounts or rapid reversal of identical-size positions—is flagged by Bybit’s anti-manipulation engine and results in instant disqualification.

2. Sharing login credentials, using multi-account setups, or coordinating trade timing across social media groups violates Section 4.2 of Bybit’s Competition Terms and voids all accumulated points.

3. Failure to maintain minimum equity of 50 USDT during active trading hours triggers automatic suspension from live leaderboard updates until balance is restored.

4. Disputes regarding scoring discrepancies must be submitted within 72 hours of round conclusion via the dedicated WSOT support ticket system. Email or community forum appeals are not processed.

Frequently Asked Questions

Q: Can I use my existing Bybit sub-accounts to participate separately? No. Sub-accounts are linked to the master KYC profile and treated as extensions of a single participant. Multiple entries from one identity result in disqualification.

Q: Are hedged positions counted twice—once for long and once for short—in PnL calculation? No. Hedged positions are evaluated net. Only the net exposure’s PnL contributes to the score; offsetting legs are ignored in final tally.

Q: Does Bybit provide historical candlestick data feeds specifically for WSOT participants? Yes. Registered users gain access to a private API endpoint delivering 1-minute OHLCV data for all eligible instruments, updated in real time without rate limits.

Q: What happens if my internet connection drops during the Grand Final? Bybit’s system records the last valid order timestamp. Manual reconnection within 90 seconds preserves continuity; longer outages freeze position state until re-entry, with no retroactive adjustments.