Bybit gives away 1,000,000 USDT in Legends of Trade contest
In a bold move to energize its trading community, Bybit has launched the "Legends of Trade: VIP Arena" contest, offering a massive prize pool of 1,000,000 USDT along with exclusive rewards such as CUDIS rings.
The contest is structured to engage traders across both derivatives and spot markets and runs from mid-March into early April 2025.
Registration and competition details
The contest is open for registration from March 13 and will run until March 30, 2025.
Traders who register during this period will then compete from March 15 to March 31.
Winners will see their rewards distributed between April 1 and April 15.
Participation is open to all Bybit users who meet the minimum trading requirements, with separate prize pools for derivatives and spot trading performance. This dual-pronged approach allows traders with different strategies to compete for rewards.
How it works
1. Register for the event.
2. Trade and compete for two different prize pools.
Prize Pool 1: Rankings are based on derivatives P&L (%).
- Reach a minimum derivative token (TV) volume of 1 million.
- the top three winners will receive an unlocked award + 1 CUDIS ring each.
Prize Pool 2: Ranking is based on Spot TV
- reach a minimum of 100k Spot TV.
- top three winners will receive an unlocked award + 1 CUDIS ring each.
Bybit’s contest underscores its commitment to rewarding active trading and fostering competition among its users. The dual reward structure aims to promote a healthy balance between derivatives and spot trading while driving overall platform engagement.
As market dynamics evolve, industry observers will be watching to see if initiatives like the Legends of Trade contest spur higher trading volumes and contribute to long-term growth in the crypto market.
In addition, Bybit celebrates UXLINK listing with 50,000 tokens in rewards.
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