Bybit offers chance to win 1,000 USDT for predicting Ethereum price
The campaign runs from now until February 9th, 2025
Bybit, one of the leading cryptocurrency exchanges, is offering a unique opportunity for its community members to test their Ethereum (ETH) price prediction skills and win a prize pool of 1,000 USDT.
The Community $ETH Prediction Draw is a special event designed to engage users and encourage their involvement with Ethereum market movements.
How to participate
Participation is simple and open to all Bybit users. To enter, participants must follow these steps:
1. Sign up: If you're not already a Bybit user, create an account to get your Bybit UID, ensuring your prize is credited to your Bybit account.
2. Join the official Bybit English Telegram group.
3. Submit Your Prediction: Send your Ethereum price prediction via Direct Message to the Telegram Prediction Draw Bot.
Predictions are for the daily close of ETH/USDT spot price on Sunday, February 9th, 2025, 12AM UTC.
The deadline to submit your prediction is Wednesday, February 5th, 2025, 12AM UTC.
Prizes and deadlines
The campaign runs from now until February 9th, 2025. The trader who correctly guesses the closing price of Ethereum on the specified date will share in the 1,000 USDT prize pool.
Additionally, Bybit is giving extra chances to engage with the platform by offering rewards for those who trade on the platform during the event. The more active participants are in trading, the better their chances of winning additional prizes.
Market implications and looking ahead
With Ethereum remaining one of the most traded and volatile cryptocurrencies in the market, this competition offers traders an exciting chance to capitalize on their knowledge of ETH’s price movements. Bybit’s contests like this one promote both community engagement and trading education.
Bybit’s regular promotional events signal an increasing trend among crypto exchanges to blend trading with gamified incentives, which could attract more retail traders while enhancing market liquidity.
As a reminder, Bybit introduces GoPlus Airdrop with 1,600,500 GPS prize pool.
