Cryptocurrency exchange Bybit has announced a new campaign celebrating the growing popularity of xStocks, offering users the chance to participate in a $150,000 prize pool.
Overview of xStocks and its Features
xStocks represent a new class of tokenized assets, with each token backed 1:1 by real-world shares held by the issuer. This provides users with genuine exposure to equity markets. Bybit offers a selection that includes various sectors such as technology, financial services, and electric vehicles, featuring tokens like AAPLX, NVDAX, AMZNX, and others.
How to Participate in the Campaign
From August 15, 2023, to August 15, 2025, eligible Bybit users can register for the event. Participation conditions include depositing and trading xStocks for a chance to win a share of the $100,000 prize pool. Staking xStocks is also available with up to 200% APR returns while offering capital protection.
Advantages of Tokenized Equities on Bybit
Access to traditional markets through xStocks provides users with several advantages:
* Affordable fractional ownership significantly lowers entry barriers * 24/7 trading enabled by on-chain liquidity and global accessibility * Portfolio diversification through tokenized versions of traditional assets * Combining equity exposure with DeFi opportunities
Bybit's campaign promoting xStocks offers users a unique opportunity to access global markets and participate in prize-winning campaigns, making trading more accessible and profitable.
