DUBAI, UAE, March 1,
2025 /PRNewswire/ -- Bybit, the world's
second-largest cryptocurrency exchange by trading
volume, has launched an exclusive derivatives trading challenge
featuring USDT—the leading USD-denominated
stablecoin—with a substantial prize pool of 500,000
USDT.
Throughout March, advanced crypto traders
participate in the Bybit USDT Derivatives Trading Challenge
for a share of the half-million USDT prize pool. The tiered
benefits are as accessible as USDT itself—participants will receive
USDT bonuses proportional to their contribution to the event's
total trading volume, regardless of PnL% performance. This
inclusive approach ensures both individual qualified traders and
institutional participants can earn supplementary rewards beyond
their potential trading gains.
From now to Mar. 31, participants
may sign up for the event and start accumulating eligible trading
volume in USDT derivatives products on Bybit. The more they trade,
the larger their share of the prize pool.
"This Bybit-exclusive trading challenge demonstrates USDT's
instrumental role in powering sophisticated trading opportunities
that were once limited to traditional finance. By fusing Bybit's
professional-grade trading infrastructure with USDT's stability,
we're empowering traders to unleash their full potential and earn
additional rewards while navigating the dynamic world of
derivatives trading," said Joan
Han, Sales and Marketing Director at Bybit.
With a market cap exceeding $140
billion, USDT has held its throne as the most traded
stablecoin since its launch in 2014. By maintaining a
steady one-to-one peg with the US dollar, USDT is blockchain's
answer to the need for a stable, borderless medium of exchange. In
the fast-moving derivatives markets, USDT offers a trusted anchor
for agile trading strategies with the reliability of the US dollar.
The central role of USDT in this trading challenge reflects both
its dominance in the digital economy and its success in expanding
access to sophisticated trading instruments like options and
futures, particularly in regions underserved by traditional
financial infrastructure.
Users may find more about the event, eligibility requirements
and other terms and conditions: [USDT Festival] Derivatives Trading
Challenge: Trade to Win a Share of 500,000 USDT
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world's second-largest cryptocurrency
exchange by trading volume, serving a global community of over 60
million users. Founded in 2018, Bybit is redefining openness in the
decentralized world by creating a simpler, open and
equal ecosystem for everyone. With a strong focus on Web3, Bybit
partners strategically with leading blockchain protocols to provide
robust infrastructure and drive on-chain innovation. Renowned for
its secure custody, diverse marketplaces, intuitive user
experience, and advanced blockchain tools, Bybit bridges the gap
between TradFi and DeFi, empowering builders,
creators, and enthusiasts to unlock the full potential of Web3.
Discover the future of decentralized finance at
Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social
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SOURCE Bybit
