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
Georg Harer Speaks at Paris Blockchain Week on Digital Assets Evolution
**Georg Harer** is presenting at Paris Blockchain Week, bringing over a decade of experience spanning both digital assets and traditional finance. The event focuses on the **New Financial Platform** initiative, which explores how fiat and cryptocurrency systems are increasingly converging. Real-world use cases and evolving infrastructure are driving this integration forward. Paris Blockchain Week serves as a venue for discussing practical applications where traditional and digital finance intersect.
Bybit Launches XAUT Options Trading with 50,000 USDT Reward Pool

Bybit has launched options trading for **$XAUT** (Tether Gold), offering traders new strategic opportunities in the gold-backed cryptocurrency market. **Key Details:** - Total reward pool: **50,000 USDT** - Individual user cap: Up to **1,000 USDT** per participant - Traders can expand their portfolio strategies through options contracts **How to Participate:** Traders need to actively trade XAUT options to qualify for the reward distribution. The campaign allows users to implement various options strategies while competing for their share of the prize pool. [Learn more about the campaign](https://i.bybit.com/1abqxoayJoin) [Start trading XAUT options](https://i.bybit.com/jlxabka) This launch follows Bybit's ongoing options trading initiatives, including their previous Options Extravaganza campaign that distributed 100,000 USDC to participants.
Bybit Lists BASED Token with Staking Rewards and Deposit Incentives

Bybit has officially listed **$BASED** token on its spot trading platform in partnership with BasedOneX. **Key opportunities for users:** - Stake BASED or MNT tokens to share from a **3,000,000 $BASED Launchpool** - Participate in a **1,500,000 $BASED Token Splash** reward program - Deposit BASED via Ethereum chains to compete for a share of **4,500,000 $BASED** prize pool The listing provides multiple earning mechanisms for early participants through staking and deposit campaigns. Users can begin trading BASED immediately on the Bybit spot market. [Learn more](https://i.bybit.com/WOZ0abCT) | [Trade now](https://i.bybit.com/1abRELbg) | [Deposit details](https://i.bybit.com/FlrLab7)
Institutions Double Down on DeFi While Markets Stay Distracted
**Institutional momentum is building across crypto markets** as major players make strategic moves: - **Corporate Bitcoin holdings surge**: 35 public companies now hold over 1,000 BTC each, with JPMorgan exploring crypto-backed loans - **Regulatory shifts**: Nigeria's SEC recognizes stablecoins as securities; U.S. SEC reverses controversial crypto accounting rule - **High-profile NFT activity**: GSQ Holdings purchases $5M CryptoPunk using stablecoins; Takashi Murakami launches onchain trading cards via Base - **Executive moves**: Former BlackRock exec joins Ethereum treasury firm SharpLinkGaming as co-CEO - **Wealth services expand**: Ledn unveils Private Wealth program targeting high-net-worth Bitcoin holders The convergence of corporate adoption, regulatory clarity, and institutional infrastructure suggests a maturing market beyond retail speculation.
Bybit Launches AI Hub for Streamlined Trade Execution
Bybit has introduced its **AI Hub**, a new feature designed to simplify the trading process through natural language commands. **Key Features:** - Direct translation of user instructions into trade execution - Automated position management and real-time data access - Eliminates intermediate steps in the trading workflow - Maintains user control while reducing complexity This launch builds on Bybit's recent AI Trading Skills update from March 19, which added: - Copy trading functionality to follow top traders - Advanced order types including Limit, Iceberg, and TWAP - Automated strategies like Spot Grid, DCA, Futures Grid, and Martingale - Enhanced security through Dual-Source Verification The AI Hub represents Bybit's continued effort to make cryptocurrency trading more accessible without sacrificing user autonomy. Traders can now execute complex strategies using simple commands rather than navigating multiple menus and settings. [Get started with Bybit AI Hub](https://i.bybit.com/1hhabAYEG) | [View on GitHub](https://github.com/bybit-exchange/skills)