20.05.2025
Oleg Tkachenko
Author and expert at Traders Union
20.05.2025

Bybit launches ICP price prediction contest with 1,000 USDT prize pool

Bybit launches ICP price prediction contest with 1,000 USDT prize pool Predict the daily close of the ICP/USDT spot price on Sunday, May 25

​In an effort to boost engagement and foster community participation, Bybit has launched a new contest inviting users to predict the closing price of ICP/USDT with a chance to win up to 1,000 USDT in rewards. 

The Bybit Community ICP Prediction Draw, running through May 25, 2025, is open to all Bybit users and members of the platform’s official Telegram and Discord communities.

Participants are tasked with predicting the daily close of the ICP/USDT spot price on Sunday, May 25 at 12 a.m. UTC. Predictions must be submitted by Wednesday, May 21 at 12 a.m. UTC, and must include up to four decimal places to qualify. The contest promotes both analytical skill and active community involvement.

How to participate and win

To enter, users must:

1. Sign up for a Bybit account (if not already registered) to receive a unique UID.

2. Join Bybit’s official English Telegram group or Discord server.

3. Submit a prediction via: Telegram or Discord.

The closest prediction to the actual closing price will receive the grand prize of 1,000 USDT credited directly to their Bybit account. 

In addition, three users with near-accurate forecasts will win 20 MNT tokens each as spot rewards. To qualify for the MNT prizes, users must have posted at least 30 messages in Bybit’s Telegram or Discord communities during the week of the contest. If this condition is not met, winners will be disqualified, and their placement will be passed on to the next most accurate participant from the top 15 closest predictions.

Community-driven innovation

Bybit’s prediction contest reflects a growing trend in the crypto sector: merging market analysis with gamified participation. Known for its trader-first features, educational resources, and deep liquidity, Bybit continues to attract users seeking a mix of robust trading infrastructure and interactive engagement.

As the platform deepens its community engagement, such initiatives may shape how exchanges blend prediction-based tools with trading incentives, offering both entertainment and education for crypto investors.

Recently we wrote Bybit resolves Apple ID KYC glitch after influencer flags $100K lockout.

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