Crypto exchange Bybit re-emerges in the Web3 realm, offering a $200,000 promotion to welcome back users.
Bybit, a leading cryptocurrency exchange, has announced the relaunch of its on-chain trading platform, Bybit Web3, with updated tooling and the addition of new assets. To celebrate the occasion, Bybit is offering a limited $200,000 prize pool as part of two exclusive events designed to encourage user engagement and exploration of the platform's new features.
The promotional event, which runs until September 7, 2025, consists of two parts: Task-Based Rewards and a Performance-Based Competition.
In the Task-Based Rewards campaign, users can earn prizes by completing specific tasks on the Web3 platform, such as making the first Web3 trade in any amount. By doing so, participants can earn Lucky Draw Tickets, giving them a chance to unlock a 120,000 USDT prize pool.
On the other hand, the Performance-Based Competition allows participants to compete for top spots on the leaderboards by volume, with a chance to win up to 80,000 USDT.
Bybit Web3 offers gas-free on-chain trading, direct token trading pairs, and integration across centralized and decentralized markets. Users can trade multiple on-chain assets with direct trading pairs involving USDT, USDC, SOL, and bbSOL, all accessible via the Unified Trading Account (UTA) without requiring multiple wallets or gas tokens.
The supported assets for trading on Bybit Web3 include major tokens on the Solana network, as well as others listed in the new platform relaunch. Some of these assets include TUNA, PUMP, FRAG, JLP, RAY, MOODENG, LetsBONK, TSLAx, MSTRx, SPYx, CRCLx, and NVDAx.
Bybit Web3 aims to enhance user experience by removing typical Web3 barriers like multiple wallet management and gas fees, fostering a more seamless DeFi integration within its ecosystem. The platform also offers on-chain and off-chain arbitrage opportunities, with more features planned for the future.
The rewards in both activities are distributed on a first come, first served basis. Bybit encourages users to explore the new Bybit Web3 platform and take advantage of this limited-time offer.
Note: This article is for informational purposes only and should not be taken as financial advice. Always do your own research before making investment decisions.
References:
- Bybit Web3 Relaunch Announcement
- Bybit Web3 Update Announcement
- Bybit Web3 Promo Campaign Details
- Bybit Web3 Arbitrage Opportunities
- Users can engage with Bybit's redesigned Web3 platform, which now offers gas-free on-chain trading, direct token trading pairs, and integration across centralized and decentralized markets, utilizing a single Unified Trading Account (UTA).
- In an effort to encourage user engagement, Bybit Web3 is hosting a promotional event until September 7, 2025, comprising two distinct activities: the Task-Based Rewards campaign, offering chances to win Lucky Draw Tickets and prizes through specific platform tasks, and the Performance-Based Competition, allowing participants to compete for top spots on the leaderboards by trading volume and win up to 80,000 USDT.
- To celebrate the relaunch, Bybit Web3 introduced multiple new assets for trading, such as TUNA, PUMP, FRAG, JLP, RAY, MOODENG, LetsBONK, TSLAx, MSTRx, SPYx, CRCLx, and NVDAx, alongside the major tokens on the Solana network.
- Bybit Web3 strives to improve the user experience by eliminating typical Web3 barriers like multiple wallet management and gas fees, creating a smoother DeFi integration within its ecosystem and providing on-chain and off-chain arbitrage opportunities, with further features planned for the future.
