Business Daily Media

The Times Real Estate

.

Bybit Launches Unified Trading Fest: Unlock $700K Prize Pool and Optimize Trades

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 8 March 2023 - Bybit, the world's third most visited crypto exchange, is proud to announce the launch of its first Unified Trading Fest competition.

With over $700,000 in rewards up for grabs, this is an event for all Bybit traders. The 2-week-long competition starts on March 8th and ends on March 25th.

The competition offers a unique trading experience, allowing users to optimize their trades with Bybit's new unified trading account (UTA). The UTA allows traders to manage their positions across both spot and derivatives trading with one single account. During the competition, users will be ranked based on their total trading volume during the two-week period.

Bybit has claimed the no. 2 spot in futures and perpetuals trading several times this year with daily trading volume totaling tens of billions of dollars thanks to its deep liquidity and split-second trading engine. Indeed, Bybit recorded its highest-ever market share in crypto derivative markets at 14.6% in January 2023.

The event is open to all users trading either spot (excluding USDC/USDT, BUSD/USDT, DAI/USDT, WBTC/BTC, and all USDC Spot pairs) or derivatives (USDC and USDT contracts). To qualify for rewards, traders must hit a total trading volume of at least $1,000 during the two weeks. And those who upgrade to UTA and hit a minimum trading volume of $10,000 on perpetual contracts will be eligible for an extra 50,000 USDC prize pool.

The higher a trader's total volume is, the better their rank on the leaderboard, and the more rewards get unlocked. The prize pool for this competition includes both ranking prizes as well as random draw prizes for top participants who meet certain criteria, so there are multiple chances to win.

Bybit's UTA is an all-in-one upgrade optimized for seamless and strategic trading. It enables users to trade across instruments such as spot, futures, perpetuals, and options all from one account. Also offering a clear and comprehensive view of risk and margin across positions, Bybit's UTA supports over 60 asset types for cross-margin trading and unrealized profits can be used to open new positions for utmost flexibility and capital efficiency.

"Bybit is all about delivering next-level opportunities," said Ben Zhou, co-founder and CEO of Bybit. "We have built an incredible product with our UTA and to celebrate its successful launch, I encourage all traders to come and see for themselves the benefits of trading with Bybit's UTA and capture their share of this fantastic prize pool."

Hashtag: #Bybit #TheCryptoArk #NextLevelOpportunities

The issuer is solely responsible for the content of this announcement.

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, and association football (soccer) team Borussia Dortmund.

For more information please visit:

For updates, please follow:








News from Asia

CUHK Faculty of Science: Home to Nobel Laureates and Next-Generation Breakthroughs

HONG KONG SAR - Media OutReach Newswire – 12 March 2025 - Since its establishment in 1963, The Chinese University of Hong Kong's Faculty of Science (CUHK Science) has emerged as a global powerhou...

New Book Challenges Traditional Hypertension Treatments: Case Study Reveals Breakthrough Approach

"Eradicating Hypertension" Explores How Oxygen Intake and Breathing Optimization Can Transform Blood Pressure Management NEW YORK, USA - Media OutReach Newswire - 10 March 2025 - Hypertension rema...

Uzbekistan’s Sellers Post Record Sales Growth on Wildberries Marketplace

MOSCOW, RUSSIA - Media OutReach Newswire - 12 March 2025 - Wildberries, a leading e-commerce platform in Eurasia, saw record sales growth in products from Uzbekistan-based sellers, led by surging ...

Creo Solutions to Launch Booya, an OLP to Expand Financial Inclusion in Mexico

MEXICO CITY, MEXICO - Media OutReach Newswire - 11 March 2025 - Mexican fintech company Creo Solutions is set to launch Booya, a new online lending platform designed to serve the country's underba...

China’s "Two Sessions" 2025 Government Policy Outlook Indicates Renewed Opportunities for Commercial Real Estate

Cushman & Wakefield Interpretation Report Highlights Five Areas of Opportunity for Real Estate Sectors HONG KONG SAR - Media OutReach Newswire - 12 March 2025 - Global real estate services fir...

James Dyson Award 2025 seeks groundbreaking inventions from young engineers and scientists

HONG KONG SAR - Media OutReach Newswire – 12 March 2025 - The James Dyson Award, an international student design and engineering competition, opens for submissions today to its 2025 programme in ...

Asia’s 50 Best Restaurants Unveils The Establishments Voted Onto The Extended 51 - 100 List For 2025

LONDON, UNITED KINGDOM - Media OutReach Newswire - 12 March 2025 - Asia's 50 Best Restaurants, sponsored by S.Pellegrino & Acqua Panna, announces the extended 51-100 list of restaurants ahead ...

Stamford Catering Launch its all-new Disney-themed Decoration Packages

SINGAPORE - Media OutReach Newswire - 11 March 2025 - Stamford Catering, a caterer in Singapore, is delighted to announce the launch of its all-new Disney-themed Decoration Packages designed spec...

Food and Hotel Asia-Food & Beverage returns with Australia’s largest-ever presence at any global trade show

SINGAPORE - Media OutReach Newswire - 12 March 2025 - Food & Hotel Asia-Food & Beverage (FHA-F&B), Asia's leading international food and beverage event, makes a return this 8-11 Apr...

Hong Kong Consumer Goods Trader Receives USD 1.7 Million Export Factoring Facility from Tradewind Finance

HONG KONG SAR - Media OutReach Newswire – 12 March 2025 - Tradewind Finance, an international trade finance company, has successfully provided a USD 1.7 million export factoring facility to a Hong...

Empowering small businesses: Localsearch rolls out affordable digital solutions

New suite of digital solutions designed to boost visibility, engagement, and customer acquisition In response to a rapidly evolving digital lan...

Why Responsible Leadership is a Competitive Advantage for Small Businesses

In today’s fast-changing business landscape, leadership is evolving. While large corporations are reassessing their diversity, equity, and inclusi...

Why it’s a great time to include the EU in your export push

With the US market beset with unknowns, training your sights on mainland Europe in 2025 makes sound sense. Wondering whether the introduction o...

Success Isn’t About Labels—It’s About Mindset

In the lead up to International Women’s Day, I’ve been reflecting on my own success as a business owner and whether or not being a woman has playe...

Accelerate Action- Thryv champions women in business for International Women’s Day

Thryv® (NASDAQ: THRY), provider of the leading small business software platform, is celebrating International Women’s Day by shining a spotlight o...

Sydney Startup Launches AI Platform To Lead the Charge on Gender Pay Gap Action

EvenBetter.ai launches in Australia with First Customers Knight Frank and Fuji Australia Sydney-based startup EvenBetter.ai has today launched th...

Sell by LayBy