07.10.2024
Mirjan Hipolito
Cryptocurrency and stock expert
07.10.2024

Bybit has launched a promotion for MT5 accounts with prizes in USDT

Bybit has launched a promotion for MT5 accounts with prizes in USDT Bybit has launched a promotion for MT5 accounts with prizes in USDT

The cryptocurrency exchange Bybit has announced the launch of an exclusive event for users of its MetaTrader 5 (MT5) accounts, offering rewards totaling over 20,000 USDT. The event, running from October 7 to November 8, 2024, targets both new and experienced traders, providing unique incentives to explore Bybit’s comprehensive trading options across forex, metals, commodities, oil, and indices.

The promotion is divided into two main events, each offering substantial rewards. To qualify, participants must register for the promotion through a special link on the Bybit platform, according to the exchange’s website. The event is unavailable for users from certain countries, including Spain, Brazil, New Zealand, the Netherlands, and Hong Kong. Only those who have completed Bybit’s Level 1 identity verification are eligible, with institutional users and market makers excluded.

Event 1: New Trader Bonus (20,000 USDT Prize Pool)

For newcomers to Bybit’s MT5 platform, this event offers a share in a 20,000 USDT prize pool. New users must complete the following steps to participate:

- Create an MT5 account on Bybit.

- Deposit at least 100 USDT into the MT5 account.

- Execute a trade on any contract.

The prize pool will be evenly divided among all users who complete these steps during the event period. This event is specially designed for those trading on Bybit’s MT5 platform for the first time, providing a low-risk entry point for those interested in exploring forex and gold trading.

Event 2: Big Trader Rewards

For experienced traders, Bybit is offering a 1,000 USDT reward for any user who achieves a trading volume of 1,000 lots across selected asset classes on MT5. Eligible trades include forex, metals, commodities, oil, and indices such as China A50. However, volume from USDT perpetual contracts will not be counted. This reward is a one-time offer, specifically for high-volume traders.

Bybit’s MT5 account enables users to trade traditional assets using USDT, with recent additions like indices trading. This feature gives traders access to major indices such as China A50, Dow Jones, NAS100, Nikkei, and Hang Seng, adding to the platform’s versatility and appeal.

Participants are encouraged to review Bybit’s Terms of Service and adhere to event rules. Bybit reserves the right to disqualify users involved in fraudulent activities, such as bulk-account registrations. Winners will receive rewards within 10 days after the event ends, and they must claim their prizes within 14 days.

This promotion highlights Bybit’s commitment to enhancing the user experience, offering lucrative rewards and a diverse trading portfolio to both new and experienced traders. 

Read also: Coinbase says plans to delist some stablecoins in the EU

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