Bybit opens Squad Gold Rush with $100,000 in rewards for participating teams

Bybit opens Squad Gold Rush with $100,000 in rewards for participating teams
Bybit launches squad gold rush event

Bybit has announced the start of the Squad Gold Rush event, offering a $100,000 prize pool to be distributed among the top 100 teams, with participation based on referrals, deposits, and trading activity. The event is scheduled to end on August 18.

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Bybit has launched the Squad Gold Rush event, featuring a prize pool of $100,000 to be distributed among the top 100 participating teams. According to the announcement, teams can earn points through referring friends, making a deposit of at least $100, and executing trades totaling $10 or more.

The event is set to conclude on August 18. Additional details regarding specific rules or prize allocation were not provided in the announcement.

How to participate

To join the Bybit Squad Gold Rush event, users should register an account with Bybit, either as new or existing clients. Participants need to refer friends, deposit at least $100, and trade a minimum of $10 during the campaign period to earn points and contribute to their team's ranking. The top 100 teams will share the overall prize pool. To get started, users can register via the official sign-up link.

Bybit is a cryptocurrency exchange that specializes in derivatives trading and offers both futures and perpetual contracts. The platform integrates with TradingView for market analysis, supports copy trading for derivatives and spot markets, and provides around-the-clock customer support. For detailed information on its trading features and regulatory status, see the broker profile on Traders Union.

For more context, read our earlier news about Bybit, which detailed how traditional exchanges like the London Stock Exchange are expanding access and adopting round-the-clock trading in response to competition from crypto platforms. This background highlights the ongoing market evolution discussed in this latest update.

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