Bybit Celebrates 60 Million Users with $50,000 Reward Campaign
Bybit Celebrates 60 Million Users with $50,000 Reward Campaign
馃帀 60M strong... now what?
Bybit, a cryptocurrency exchange, is marking a significant milestone of reaching 60 million users. To celebrate this achievement, they're launching a reward campaign with a prize pool of $50,000.
Key points:
- Campaign runs until October 25, 2024, 10AM UTC
- Users can claim their share of the rewards
- This follows a recent celebration of reaching 50 million users
The rapid growth in user base demonstrates increasing interest in cryptocurrency trading platforms. However, it's important to note that user numbers don't necessarily reflect active traders or long-term platform sustainability.
For more details on how to participate, visit the provided link.
馃専 Glory to 60M Users: Claim Your Share of $50,000 in Epic Rewards! 馃帀 We鈥檝e witnessed an incredible surge in users over the past months, and the excitement is just getting started! 馃搮 Until Oct 25, 2024, 10AM UTC Join now 馃憠 i.bybit.com/bkEaboQ
馃挜 Bybit is 50M Users Strong 馃挭 Join us to celebrate reaching this incredible milestone. We are Bigger and Stronger because of you. More than 68,000,000 tokens are up for grabs. Don't miss out. 馃寪 Learn More: i.bybit.com/GaabZ9j #Bybit50M #TheCryptoArk
Bybit Switches to Single-Counted Open Interest Reporting
Bybit is updating its Open Interest (OI) data methodology starting June 11, 2026. The exchange will transition from bilateral (double-sided) counting to single-counted OI, aligning with industry standards. **Key Points:** - OI reporting numbers will change in how they're displayed - User positions, margin requirements, and profit/loss remain completely unaffected - The change aims to provide cleaner market activity tracking - This represents a shift from their October 2025 update to bilateral counting The technical adjustment only impacts how market data is presented to traders, not the actual trading mechanics or account balances. [Full details]( https://i.bybit.com/1vV4Pabe)
Bybit Adds AMD, Western Digital, and Bloom Energy Stock Perpetuals
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SpaceX Bitcoin Holdings Revealed as BTC Stalls at $77K Despite Market Catalysts
**Major developments are unfolding, yet Bitcoin remains range-bound.** - **SpaceX disclosed its Bitcoin holdings** for the first time - **New crypto legislation is advancing** through regulatory channels - **Volatility has dropped to historic lows**, creating an unusual market environment Despite these typically market-moving events, BTC continues trading around $77K in a tight range. The combination of corporate adoption news, regulatory progress, and suppressed volatility creates a unique standoff between bulls and bears. This price action contrasts sharply with typical market behavior when similar catalysts emerge.
Bybit Warns Users About HTX Transfers Amid UK Regulatory Actions
**Bybit Issues HTX Transfer Warning** Bybit has advised users to avoid HTX-related addresses following recent regulatory actions. Key points: - Transfers to/from HTX-linked addresses may trigger additional AML and compliance checks - Users should ensure all activities comply with local laws and platform policies - HTX responds that UK sanctions target Huobi Global S.A., a separate entity from the HTX exchange - HTX states operations remain unaffected and user funds are safe The UK issued sanctions without prior notice, according to HTX. The exchange says it will cooperate with authorities to address concerns. [Read more about UK sanctions](https://finance.yahoo.com/markets/crypto/articles/uk-issues-sanctions-against-justin-181534200.html)
Bybit Launches Automated Trading Bots for Tokenized Traditional Stocks
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