Bybit to award 30,000 USDT among traders and gift an iPhone 15 to beginners

The cryptocurrency exchange Bybit announced a tournament “Autumn Cup of Elite Traders” with a prize pool of 30,000 USDT and a promotion “Beginners Get Lucky!” with valuable prizes. ForkLog reported that representatives of the trading platform said.

The tournament will run until October 30, 2023. At the time of publication, nearly 3,000 traders were participating in the tournament. You can join the event until October 25. To participate you need:

• register and complete verification on Bybit;
• deposit more than 5,000 USDT into a derivatives, unified trading, or funding account;
• click the “Participate” button on the tournament page.

The organizers will distribute 30,000 USDT among traders with the largest trading volume on the derivatives market. Winners will receive:

• 1st place — 7,500 USDT;
• 2nd place — 6,000 USDT;
• 3rd place — 4,500 USDT;
• 4th place — 2,400 USDT;
• 5-10 places — 900 USDT;
• 11-20 places — 420 USDT.

In addition, five users with the best P&L will share an additional prize pool of 1,000 USDT.

Participants with VIP status and those without it are allowed to participate. The latter will receive a 14-day trial VIP-1 card upon reaching a trading volume of $1 million.

Additionally, Bybit will give away an iPhone 15, AirPods, bonuses up to 100 USDT and other prizes for registering as part of the “Beginners Get Lucky!” promotion.

The event will run until November 2. To participate you need:

• register on the exchange and make your first deposit of at least $100;
• trade derivatives, on the spot markets or the P2P platform;
• click the “Participate” button on the event page.

Bybit — a cryptocurrency exchange offering spot and futures trading, options, staking, DeFi mining, NFT and P2P trades. The platform released a debit card in partnership with Mastercard, and integrated the ApeX Pro decentralized exchange.

Earlier Bybit announced special offers for users from CIS countries and Ukraine with a prize pool of 600,000 USDT.