ByBit Autumn Promotions: Chance to Win up to 30,000 USDT and Prizes for Newcomers!
Date: 2023-10-17 Author: Dima Zakharov Categories: CRYPTO PAYMENTS
ByBit Autumn Promotions: Chance to Win up to 30,000 USDT
ByBit, a popular cryptocurrency trading platform, has announced the launch of exciting autumn promotions for both beginners and experienced traders. However, the highlight of these promotions is the maximum prize pool of up to 30,000 USDT. This event provides participants with the opportunity to win impressive prizes and bonuses, and we will provide you with all the necessary details.
Increased Prize Pool
One of the main features of these autumn promotions by ByBit is the enormous maximum prize pool. A total of up to 30,000 USDT will be awarded to participants in the derivatives market trading volume competition. This means that the more participants trade derivatives, the more prizes they can win. However, the maximum prize pool will only be unlocked when the total number of participants reaches the threshold of 1,000 or more individuals. This creates an opportunity for traders to collaborate and make this prize pool even more impressive.
How Will the Prizes Be Distributed?
It's important to note that rewards will be given to the best winners based on their derivative trading volume. This means that the more active participants trade, the higher the likelihood of winning. However, there are several conditions that must be met to be eligible for rewards. Users must achieve a minimum derivative trading volume of 2,000,000 USDT during the event period. The volume of copy trading and grid bots is not taken into account, which raises questions about the use of automated strategies to accumulate volumes.
How to Claim Your Rewards?
After the announcement of the event results, rewards will be transferred to the Bonus Center of qualified winners within 14 working days. However, it's important to remember that ByBit bonuses can only be used as margin for trading derivatives and cannot be withdrawn. However, profits obtained from trading with bonuses can be withdrawn.
Participation Conditions and Disqualification
The event is available to both VIP and non-VIP users. However, market makers, institutional users, and sub-accounts are not eligible to participate in this competition. To be eligible for rewards, users must also complete KYC Level 1 verification before the end of the promotional event.
ByBit reserves the right to disqualify participants who engage in unfair or offensive actions during the promotional event. This includes mass registration of accounts with the goal of obtaining additional bonuses and any other actions related to illegal, fraudulent, or malicious purposes.
