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Market News

Bybit Hosts 1M USDT Trading Competition with NFT Collection

Those who participate in the quiz will receive a unique digital avatar as an NFT and the first 10,000 participants will also get a 10 USDT voucher.

Written By Dishita Malvania
Published 2023-11-29
Make The Crypto Times preferred on GoogleGoogle
Bybit Hosts 1M USDT Trading Competition with NFT Collection

Bybit, the world’s third-largest cryptocurrency exchange in terms of trading volume, is hosting a special trading competition to mark its fifth anniversary.

🔥 LIVE NOW: #High5Bybit Five-Year Jubilee Championship

The MEGA Trading Competition begins 🎊

💰 Over 1.3 Million in Prizes
🎁 Exclusive Archetype NFT Collection

Start with taking the personality test today: https://t.co/sWcggccK3n pic.twitter.com/GpVCm4Ja5Q

— Bybit (@Bybit_Official) November 27, 2023

The event will encourage cryptocurrency enthusiasts to explore their unique trading styles, earn non-fungible tokens (NFTs), and participate in a team competition where successful trading is rewarded.

Starting from 10 AM UTC on November 27 until 10 AM UTC on December 25, 2023, people can take the Archetype personality test to get a personalized analysis of their trading personality. 

Those who participate in the quiz will receive a unique digital avatar as a non-fungible token (NFT), and the first 10,000 participants will also get a 10 USDT voucher.

With around 16 different designs of NFT avatars, 10,000 copies of each design will be given out on a first-come, first-served basis, and traders can trade them on the Bybit Marketplace. 

Additionally, traders can combine Origin Archetype NFTs (colorful) to create Hero Archetype NFTs (shiny silver) and Legend Archetype NFTs (shiny gold).

On December 25, 2023, at 10 AM UTC, Bybit plans to capture a snapshot of individuals who own Legend Archetype NFTs. If a player happens to possess one at that moment, it could qualify for a portion of a 10,000 USDT prize pool. 

The trading competition runs from December 4 to December 25th, 2023. In an innovative twist, users will be sorted into 16 distinct teams based on their trading personality archetype, with a colossal prize pool of up to 800,000 USDT on the line.

The amount they receive will be proportionate to the quantity of Legend Archetype NFTs they hold, essentially rewarding those who have enhanced their trading skills.

Also Read: Beeple Studios To Host Crypto Winter Wonderland Event

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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