Bybit Announces Trading Event with 100,000 USDC Prize Pool

๐Ÿค‘ Massive Prize Pool!

By Bybit
May 6, 2024, 6:09 PM
twitter
News article
Photo by Bybit

Bybit, a leading cryptocurrency exchange, has announced a USDC perpetual contract trading event with a substantial prize pool of 100,000 USDC.​ The event is scheduled to run from April 25, 2024, until May 25, 2024, at 9:59 AM UTC.​ Participants are encouraged to engage in trading activities during this period for a chance to win attractive rewards.​ Additionally, Bybit has previously hosted other promotional events, including the Fortune Raffle, offering USDT bonuses, iPhone 15, and other prizes from April 15, 2024, to June 30, 2024.​ The exchange also organized a Lucky Draw for new users, providing an opportunity to win 20,000 $G3 in rewards until April 15, 2024.​

Sources
Read more about Bybit

Multiple New Token Listings on Bybit Exchange

Multiple New Token Listings on Bybit Exchange

Bybit continues expanding its spot trading offerings with several new token listings in June 2025: - $SAHARA (Sahara Labs AI) listed on June 26 - $XO (Xociety) listed on June 26 - $H (Humanity Protocol) listed on June 25 with 9M token prize pool - $NEWT (Newton Protocol) announced for upcoming listing Additionally, Bybit launched Megadrop - a new token farming platform: - Users can lock $MNT or $USDT - Earn from 45M $XO token pool - Designed for early token access [Trade on Bybit](https://i.bybit.com/Ck5abZB)

Bybit Launches VIP Program with Nansen Integration

Bybit has announced a new partnership with Nansen, offering enhanced benefits for users: - Nansen points holders receive automatic VIP access on Bybit - Users can earn up to 88,000 USDT in trading rewards - 3-month Nansen subscription included in the program - Previous similar programs offered up to 30,040 USDT in rewards The integration aims to provide advanced trading capabilities and analytics access to Bybit users. Program includes trading rewards, VIP perks, and enhanced platform access. [Learn more about the program](https://i.bybit.com/1aTdabH)

Bybit Joins TON Chain Gas-Free Carnival with Zero USDE Withdrawal Fees

Bybit Joins TON Chain Gas-Free Carnival with Zero USDE Withdrawal Fees

Bybit has announced its participation in the TON Chain Gas-Free Carnival Campaign, eliminating withdrawal fees for USDE transactions. This initiative follows similar gas-free programs on other networks, like BNB Chain's support for USD1 transfers. - Zero withdrawal fees for USDE on TON Chain - Available through Bybit exchange platform - Part of broader Gas-Free Carnival Campaign This move aims to reduce transaction costs and improve user experience in the TON ecosystem. [Learn more about the promotion](https://i.bybit.com/dRabjHo)

Bybit Expands Presence in India with VIP Events and PWM Launch

Bybit continues its strategic expansion in India with exclusive VIP events at the Taj Mahal Palace, Mumbai. The cryptocurrency exchange hosted workshops focusing on: - Indian crypto regulations and taxation - Introduction of Bybit Private Wealth Management (PWM) - Market insights and networking opportunities The events mark Bybit's growing commitment to the Indian market, following their first VIP workshop in April 2025. These gatherings brought together industry experts and VIP clients to discuss the evolving cryptocurrency landscape in India.

Bybit Maintains 100% Reserves with 1:1 Asset Backing

Bybit Maintains 100% Reserves with 1:1 Asset Backing

Bybit has released its monthly Proof of Reserves report, demonstrating continued 1:1 backing for major cryptocurrencies. The exchange maintains full reserves for: - Bitcoin (BTC) - Ethereum (ETH) - Tether (USDT) - USD Coin (USDC) Users can verify the backing status through [self-verifiable PoR reports](https://i.bybit.com/xabgvuT). The exchange confirms that user assets are never lent out and remain readily available for withdrawal.