Bybit, a crypto exchange, has announced the fourth edition of its 'World Series of Trading (WSOT)' event, with registration starting on July 13. The event will offer a prize pool of up to $8 million worth of USDT and a live stream giveaway on August 24, where traders can win Rolex Explorers and Huracan Evo Spyder Lamborghinis.

Bybit's CEO, Ben Zhou, has invited traders to participate or witness the event, which will see influential traders and megastars such as The Moon and CryptoBanter take part. Bybit is also making demo trading available to participants for the first time to make the competition more accessible to beginners.