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A trading competition with 200,000 USDT in prizes opened July 9, 2026 at 10 a.m. UTC, covering $BTC, $ETH, $SOL, HYPE, and other tokens.
Spot trading, meaning transactions executed at the current market price for immediate delivery of the underlying asset rather than at a future date through a derivatives contract, is the format.
Bybit, the world's second-largest cryptocurrency exchange by trading volume, is running the event, which it calls the Spot Trading Arena, from its headquarters in Dubai, UAE.
What the spot format means The distinction between spot and derivatives matters in a competition like this.
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