crypto exchangeBybit Launches 30,000 USDT Prize Pools for Dutch Margin Traders

Bybit Launches 30,000 USDT Prize Pools for Dutch Margin Traders

Bybit Powered by SATOS is excited to announce the launch of new prize pools totaling 30,000 USDT, exclusively for margin trading users in the Netherlands. This promotion runs until September 11, giving traders the opportunity to enhance their returns with Bybit’s advanced trading tools.

Prize Structure and Perks

Participants can compete for rewards across three distinct prize tracks:

Track 1: 10,000 USDT Prize Pool

Traders with a minimum trading volume of 5,000 USDT will be ranked based on their profit and loss percentage. Increased participation improves the chances of claiming a share of this prize pool.

Track 2: 20,000 USDT Prize Pool

Participants who trade at least 10,000 USDT will be ranked by their trading volume. Higher trading volumes will increase the likelihood of accessing a larger share of this substantial prize pool.

Track 3: 1,000 USDT Prize Pool for Margin Trading

The first 200 users to achieve a trading volume of 500 USDT using Margin Trading will each receive 5 USDT on a first-come, first-served basis.

Margin Trading on Bybit allows users to amplify their trading positions by leveraging their assets, providing greater potential for profit. The feature is user-friendly and accessible via Bybit’s platform. To get started, users can visit the Market Overview and select pairs marked with “10x” to begin margin trading.

Registration and Competition Details

Registration Period: Now through September 11, 2024, 11:59 PM UTC

Competition Period: Now through September 18, 2024, 11:59 PM UTC

Launched in March 2024, Bybit Powered by SATOS is a collaboration between Bybit, the world’s second-largest cryptocurrency exchange, and SATOS, a leading crypto service provider in the Netherlands. This partnership aims to enhance the local crypto ecosystem. The Bybit community recently celebrated the grand opening of the Amsterdam office on August 22.

About Bybit Powered by SATOS

In June 2023, Bybit partnered with SATOS, a historic crypto service provider in the Netherlands and Belgium, to deliver high-quality services while adhering to regulatory standards.

About Bybit

Bybit, established in 2018, is the second-largest cryptocurrency exchange globally by trading volume, serving over 40 million users. Known for its ultra-fast matching engine and 24/7 customer support, Bybit is also a partner of the Oracle Red Bull Racing team.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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