In a bid to boost user engagement, Bybit has launched an enticing promotional campaign that offers a total reward pool of 100,000 USDT. This initiative is designed to attract both new and existing users to the platform, providing them with opportunities to earn significant rewards. According to analysts cited in the report, the outlook is promising.
Campaign Structure
The campaign is structured in two distinct phases. For new users, Bybit is offering a generous 50,000 USDT reward upon successful completion of account verification, along with the necessary asset deposits and qualifying trades. This approach aims to streamline the onboarding process and incentivize new participants to actively engage with the platform.
Incentives for Existing Users
In the second phase, existing users are encouraged to trade a minimum of 500 USDT worth of Aster on the spot market. This phase allows users to earn rewards, with individual caps set at 800 USDT. By implementing these targeted incentives, Bybit hopes to enhance trading activity and foster a more vibrant trading community.
Currently, as Bybit implements these significant updates to its funding rate intervals for 0GUSDT perpetual contracts, the Ethereum community is also making strides with the upcoming Glamsterdam consensus layer upgrade. This upgrade is expected to enhance user engagement and functionality, aligning with the positive developments seen in the WhiteBIT platform. For more insights on this important upgrade, check out the full article on the Glamsterdam upgrade.