How to participate in Bybit Trade Mastery? (Competition)

Eligibility Requirements

1. Participants must hold a verified Bybit account with completed KYC Level 2 status.

2. Users are required to have deposited at least 500 USDT or equivalent in supported assets before the competition registration deadline.

3. Accounts flagged for suspicious activity, arbitrage patterns, or multiple registrations under shared IP addresses will be disqualified automatically.

4. Traders from restricted jurisdictions—including the United States, Canada, Singapore, and the Netherlands—are ineligible to join.

5. Each participant may register only one trading account; duplicate entries across sub-accounts or referral-linked profiles result in immediate exclusion.

Registration Process

1. Navigate to the Bybit Trade Mastery landing page during the official registration window, typically announced via Bybit’s official Twitter and in-app banners.

2. Click “Register Now” and confirm acceptance of the full Terms & Conditions document, which spans over 17 clauses covering liability disclaimers, profit distribution rules, and dispute resolution protocols.

3. Input your active Bybit UID and select your preferred trading category—either Spot, Futures, or Options—each operating under distinct scoring algorithms.

4. Complete two-factor authentication verification using either Google Authenticator or SMS-based OTP before final submission.

5. Receive an on-screen confirmation code and email acknowledgment within 90 seconds; absence of either indicates failed registration.

Trading Mechanics and Scoring

1. All executed trades must occur on Bybit’s native platform; third-party API orders routed through external bots are permitted only if whitelisted in advance via support ticket submission.

2. Profitability is measured exclusively against net realized PnL—not notional volume or open interest—and adjusted daily for funding rate accruals in perpetual contracts.

3. A dynamic risk multiplier applies: positions held longer than 72 hours incur a 12% score reduction per additional day beyond the threshold.

4. Manual close orders receive full weight; auto-liquidations contribute zero points regardless of entry timing or underlying asset volatility.

5. Weekly leaderboard snapshots freeze at 00:00 UTC every Sunday; real-time updates do not affect final standings once captured.

Prize Distribution Framework

1. Top 100 traders in each category receive cash prizes denominated in USDT, distributed directly to their Bybit wallet within five business days post-competition closure.

2. The grand prize winner obtains a physical trophy engraved with serial number and blockchain-verified ownership record minted on Polygon.

3. Prize tiers follow a non-linear scale: rank #1 receives 28% of the total pool, while ranks #51–#100 share 7% collectively.

4. Winners must submit valid tax documentation (W-8BEN or W-9) before disbursement; failure to comply within 72 hours forfeits the entire award.

5. All payouts are processed without conversion fees, slippage adjustments, or intermediary deductions.

Frequently Asked Questions

Q: Can I switch categories after registration?A: No. Category selection is immutable upon confirmation; no transfers between Spot, Futures, or Options leaderboards are allowed.

Q: Are stop-loss or take-profit orders counted as separate trades?A: Yes. Each triggered conditional order registers as an independent trade event and contributes to both volume and PnL calculations.

Q: Does Bybit provide historical market data feeds for backtesting strategies?A: Yes. Registered participants gain temporary access to Bybit’s REST API v5 with extended rate limits and tick-level OHLCV archives dating back 90 days.

Q: What happens if my account triggers margin call during the event?A: Margin calls do not disqualify participation, but all forced liquidations occurring during active competition periods yield zero scoring value.