Bybit Expands Trading: Trade Indices with USDT on MT5 Platform
Bybit Enhances Trading Experience with Major Indices and WSOT 2024
Bybit has announced an exciting expansion of its trading capabilities, allowing users to trade major indices using USDT on the MetaTrader 5 (MT5) platform. Starting October 2, 2024, traders will gain access to various indices, including the China A50 Index Cash CFD (USD), Dow Jones Index Cash CFD (USD), NAS100 Cash, Nikkei Index Cash CFD (JPY), and Hang Seng Index Cash CFD (HKD).
Wu Blockchain took to X (formerly Twitter) to share the exciting news.
This move opens up new opportunities for traders to engage with global markets seamlessly. The integration of indices trading signifies Bybit's commitment to providing advanced tools and smooth execution for its users. With this addition, traders can diversify their portfolios and explore new market segments without complications.
This step is part of Bybit's broader goal to create a more integrated trading ecosystem, connecting decentralized finance (DeFi) and centralized exchanges (CEXs) for a user-friendly experience.
Bybit Bridging the Gap: WSOT 2024
In a groundbreaking initiative, Bybit is incorporating decentralized trading into its World Series of Trading (WSOT) 2024 competition. This marks the first time a decentralized trading option will be available in this prestigious global event, which has been rewarding traders for over four years. The WSOT has seen participation grow from 69,000 in 2022 to 117,000 in 2023, reflecting its significance in the trading community.
WSOT 2024 introduces two new segments: WSOT DEX Wave and DEX Pro. These initiatives aim to foster collaboration among builders, traders, and partners in the crypto space. DEX Pro will offer access to over 1 million DeFi tokens, including GameFi tokens and memecoins, giving traders an unparalleled market to explore.
Attractive Prizes and Enhanced Competition Structure
The WSOT 2024 features a staggering prize pool of up to 10 million USDT, with luxurious rewards like Rolex watches, global travel tickets, and even a yacht. The competition will utilize a tiered weighting system, emphasizing strategy over resources, allowing traders to use subaccounts to maximize rewards. Additionally, the new ROI Reset Card will help level the playing field for participants.
Bybit Exchange’s collaborations with organizations like Immunefi and the Ethereum Foundation underscore its commitment to supporting the Web3 ecosystem. By introducing DEX trading and significant rewards, Bybit is paving the way for a more inclusive and interconnected digital asset market.
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