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DUBAI, UAE, April 29, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the launch of its "Master Trader's Showtime: TradFi vs Crypto," a multi-round global trading competition designed to highlight performance across traditional finance and cryptocurrency strategies, with a total prize pool of 200,000 USDT.
The competition will take place over two independent rounds. Round 1 is active now and will run until May 13, 2026, at 10:00 UTC, followed by Round 2 from May 18, 2026, at 10:00 UTC to June 2, 2026, at 10:00 UTC. Each round will feature its own leaderboard and prize pool of 100,000 USDT.
Participants will compete as Master Traders on Bybit Copy Trading, selecting either a Classic or TradFi trading category at registration. Rankings will be determined by a combination of total team trading volume and profit and loss performance, factoring in both Master Traders and their Followers. Followers are automatically enrolled upon copying a registered Master Trader.
To qualify for leaderboard placement, participants must meet minimum trading volume thresholds. Classic traders are required to reach at least 75,000 USDT in total Copy Trading volume, while TradFi participants must achieve at least 1,500,000 USDx. Each Master Trader must also maintain a minimum of 20 active Followers.
The competition will reward the top 50 Master Traders in each round. The first-place team will receive 25,000 USDT, followed by 12,000 USDT for second place and 8,000 USDT for third. Additional rewards will be distributed across lower-ranked positions, with payouts shared between Master Traders and their Followers. Master Traders receive 50 percent of total rewards, while the remaining portion is distributed proportionally among Followers based on trading volume.
In addition to leaderboard rewards, the event includes engagement-based incentives. During the first week of each round, users may allocate "likes" to Master Traders. If a liked trader finishes within the top three, eligible participants may share in a 1,000 USDT reward pool. Additional boosted rewards are available for users who both like and continue copying a Master Trader throughout the round.
Leaderboard standings will be updated daily on a T+1 basis, with final rankings verified following internal compliance and data reviews. Rewards will be distributed as USDT airdrops to eligible participants within 14 working days after the conclusion of each round.
Participation is subject to eligibility requirements, including identity verification and geographic restrictions. The event is not available to users residing in the European Economic Area. Institutional users and market makers are also excluded.
The tournament is designed to encourage competitive trading while reinforcing transparency and fairness across its Copy Trading ecosystem.
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
DUBAI, UAE, April 29, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the launch of its "Master Trader's Showtime: TradFi vs Crypto," a multi-round global trading competition designed to highlight performance across traditional finance and cryptocurrency strategies, with a total prize pool of 200,000 USDT.
The competition will take place over two independent rounds. Round 1 is active now and will run until May 13, 2026, at 10:00 UTC, followed by Round 2 from May 18, 2026, at 10:00 UTC to June 2, 2026, at 10:00 UTC. Each round will feature its own leaderboard and prize pool of 100,000 USDT.
Participants will compete as Master Traders on Bybit Copy Trading, selecting either a Classic or TradFi trading category at registration. Rankings will be determined by a combination of total team trading volume and profit and loss performance, factoring in both Master Traders and their Followers. Followers are automatically enrolled upon copying a registered Master Trader.
To qualify for leaderboard placement, participants must meet minimum trading volume thresholds. Classic traders are required to reach at least 75,000 USDT in total Copy Trading volume, while TradFi participants must achieve at least 1,500,000 USDx. Each Master Trader must also maintain a minimum of 20 active Followers.
The competition will reward the top 50 Master Traders in each round. The first-place team will receive 25,000 USDT, followed by 12,000 USDT for second place and 8,000 USDT for third. Additional rewards will be distributed across lower-ranked positions, with payouts shared between Master Traders and their Followers. Master Traders receive 50 percent of total rewards, while the remaining portion is distributed proportionally among Followers based on trading volume.
In addition to leaderboard rewards, the event includes engagement-based incentives. During the first week of each round, users may allocate "likes" to Master Traders. If a liked trader finishes within the top three, eligible participants may share in a 1,000 USDT reward pool. Additional boosted rewards are available for users who both like and continue copying a Master Trader throughout the round.
Leaderboard standings will be updated daily on a T+1 basis, with final rankings verified following internal compliance and data reviews. Rewards will be distributed as USDT airdrops to eligible participants within 14 working days after the conclusion of each round.
Participation is subject to eligibility requirements, including identity verification and geographic restrictions. The event is not available to users residing in the European Economic Area. Institutional users and market makers are also excluded.
The tournament is designed to encourage competitive trading while reinforcing transparency and fairness across its Copy Trading ecosystem.
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Bybit Launches "Master Trader's Showtime: TradFi vs Crypto" Tournament With 200,000 USDT Prize Pool
SANYA, China, May 1, 2026 /PRNewswire/ -- On the evening of April 30, 2026, the closing ceremony of the 6th Asian Beach Games was held at Yasha Park in Sanya, Hainan. Titled "Starlit Night," the ceremony centered on "Youth, Friendship, and Moving Forward," revisiting the event's most memorable moments, conveying a vision of "Asia as One Family," and showcasing the speed and vitality of China's development represented by the Hainan Free Trade Port.
The Games were held from April 22 to 30, attracting more than 1,600 athletes from 45 countries and regions across Asia, creating a true "family portrait." The Chinese delegation delivered an outstanding performance, winning 24 gold, 18 silver, and 13 bronze medals, totaling 55. China topped both the gold medal table and the overall standings, marking its best-ever result. Thailand and Iran placed second and third respectively.
At the closing ceremony, Gao Zhidan, President of the Chinese Olympic Committee and Chairman of the Sanya 2026 Organizing Committee, and Sheikh Ahmad Al-Fahad Al-Sabah, President of the Olympic Council of Asia, delivered speeches expressing gratitude to all contributors to the event's success.
Gao Zhidan noted that the people of Hainan demonstrated the distinctive charm of the Free Trade Port as an open frontier with enthusiasm and determination, presenting a spectacular Asian Beach Games featuring "Chinese characteristics, Asian style, and remarkable excellence." He added that Asia will move forward hand in hand, using sport to promote peace, unity, and inclusiveness, and to build a shared future marked by prosperity and development.
Sheikh Ahmad Al-Fahad Al-Sabah delivered remarks and officially declared the Games closed. He emphasized that through unity and shared purpose, Asia has come together as one, writing a new chapter in its history and presenting the world with a splendid edition of the Games. With solidarity and collective strength, Asia can achieve limitless possibilities.
The closing ceremony also featured the handover of the Olympic Council of Asia flag, as Sanya passed it to Cebu in the Philippines, the host city of the next Asian Beach Games.
As the first major international multi-sport event after the island-wide special customs operations of the Hainan Free Trade Port, this edition achieved a "double success" in both athletic performance and sportsmanship, while also enhancing Hainan's global profile as a window into China's openness, inclusiveness, and vitality.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
The 6th Asian Beach Games Sanya 2026 conclude successfully
