22.01.2025
Mirjan Hipolito
Cryptocurrency and stock expert
22.01.2025

Bybit offers exclusive event with 110,000 UXLINK giveaway

Bybit offers exclusive event with 110,000 UXLINK giveaway Accumulate a deposit volume of at least 90 UXLINK or deposit 100 USDT

Bybit, a prominent cryptocurrency exchange, has announced an exclusive promotional event offering participants the chance to win a share of 110,000 UXLINK. 

The event, running from January 22, 2025, to February 4, 2025, features multiple ways for users to qualify and earn rewards. Designed to engage both seasoned traders and newcomers, the campaign underscores Bybit’s commitment to fostering active participation in the crypto market.

Event highlights

To qualify for the giveaway, users must complete two key steps. 

Event 1: Token Splash - new user exclusive

1. Sign up on Bybit and complete Identity Verification

2. Accumulate a deposit volume of at least 90 UXLINK or deposit 100 USDT. 

3. Trade 100 USDT worth of UXLINK as part of their first transaction using their Bybit account.

The first 2,000 participants to complete both requirements will each receive 20 UXLINK as a reward. This initiative highlights Bybit’s strategy to promote the UXLINK token and incentivize user engagement on its platform.

Event 2: Token Splash - trade to earn

In addition to the initial deposit-based rewards, Bybit is offering a trading incentive for more experienced users. 

- Trade at least 500 USDT worth of UXLINK on the Spot market during the event period to share of a 70,000 UXLINK prize pool. 

This component of the campaign is designed to encourage higher trading volumes and create more liquidity for the UXLINK token.

The initiative reflects Bybit’s dual approach of attracting new users while also rewarding loyal traders. By combining accessible entry-level requirements with opportunities for higher-stakes trading, the platform appeals to a broad range of crypto enthusiasts.

Broader implications and what to watch

Bybit’s latest campaign underscores the growing competition among cryptocurrency exchanges to attract and retain users through innovative promotions. With a total of 110,000 UXLINK up for grabs, the event not only promotes the UXLINK token but also serves as a test of Bybit’s ability to boost platform activity and trading volumes.

This promotion could signal a trend toward more dynamic and user-centric marketing strategies in the cryptocurrency space. 

Read also: Bybit introduces SONIC Treasure Wheel with 21,000 SONIC prize pool.

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