Bybit offers 300,000 USDT and 15% APR for staking USDT
The minimum deposit required is 1,000 USDT
Bybit has launched a limited-time promotion designed to reward active cryptocurrency holders by combining high yields with a substantial prize pool.
The exchange is offering a 7-day USDT Fixed Savings Plan that guarantees an annual percentage rate (APR) of 15% for staked USDT. Participants not only earn high rewards on their staking USDT but also share a total prize pool of 300,000 USDT in token vouchers.
Promotion details
Under the promotion, eligible users can secure their spot by staking USDT into Bybit’s savings plan. The minimum deposit required is 1,000 USDT, with a maximum cap of 10,000 USDT per participant. Once the funds are staked, traders benefit from a fixed 7-day savings period that locks in a 15% APR.
Event period: Feb 26, 2025 – Mar 26, 2025.
The attractive yield is designed to make users' idle USDT work for them while contributing to overall market liquidity. Moreover, as part of the initiative, participants will have a chance to share the 300,000 USDT prize pool, with rewards distributed in token vouchers according to predetermined criteria.
Market implications and outlook
This new offering by Bybit comes at a time when competitive yield offerings are becoming increasingly popular among cryptocurrency exchanges. By integrating a fixed savings plan with a high APR and an additional prize pool incentive, Bybit is aiming to attract both new and experienced traders seeking to maximize their returns on stablecoins.
The combination of a guaranteed yield and a sizable prize pool might set a new standard for staking incentives, potentially influencing similar offers across the industry.
We also informed that Bybit offers 1,000 USDT prize for HBAR price prediction.
