TechDogs-"Bybit Empowers Traders With New USDC Campaign Following EU Approval"

Financial Technology

Bybit Empowers Traders With New USDC Campaign Following EU Approval

By PR Newswire

PR Newswire
Overall Rating

DUBAI, UAE, July 26, 2024 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced a new campaign in response to USDC becoming the first stablecoin to be approved by the EU. The campaign, which starts on July 24th at 10AM UTC and runs until August 22nd, is designed to engage new and existing users through events and rewards.

This 30-day campaign features an array of promotions, including airdrops, lucky draws, and attractive APR on USDC staking opportunities. "USDC's approval by the EU is not just a regulatory win; it's a step forward in securing a stable and reliable digital economy," said Joan Han, sales and marketing director at Bybit. "Our campaign is tailored to give extra opportunities to clients who use USC and encourages a deeper understanding and utilization of this pivotal asset."

New users to Bybit get exclusive perks such as a 10 USDC airdrop upon purchasing 100 USDC through various means, including P2P and Fiat Deposit. Additionally, the campaign offers multiple lucky draw events with 30,000 USDC in rewards. Participants can increase their chances of winning by engaging in various deposit activities.

Bybit has set up a trading challenge for traders aiming to leverage their holdings. Participants must make a net deposit of at least 200 USDC and trade a minimum of 1,000 USDC in spot pairs or futures contracts. Successful traders stand to share a grand prize pool of 60,000 USDC.

Lastly, Bybit introduces a USDC staking and saving event, providing special offers for the first three days for new users, boosting the portfolios of those new to crypto savings.

As Bybit continues to bridge the gap between Web2 and Web3, this campaign underscores its commitment to fostering an inclusive financial ecosystem around regulated stablecoins such as USDC.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving over 37 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 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.

For more details about Bybit, please visit Bybit Press.

For media inquiries, please contact: media@bybit.com

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

SOURCE Bybit

First published on Fri, Jul 26, 2024

Liked what you read? That’s only the tip of the tech iceberg!

Explore our vast collection of tech articles including introductory guides, product reviews, trends and more, stay up to date with the latest news, relish thought-provoking interviews and the hottest AI blogs, and tickle your funny bone with hilarious tech memes!

Plus, get access to branded insights from industry-leading global brands through informative white papers, engaging case studies, in-depth reports, enlightening videos and exciting events and webinars.

Dive into TechDogs' treasure trove today and Know Your World of technology like never before!

Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs' members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs' Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. While we aim to provide valuable and helpful information, some content on TechDogs' site may not have been thoroughly reviewed for every detail or aspect. We encourage users to verify any information independently where necessary.

Join The Discussion

- Promoted By TechDogs -

IDC MarketScape: Worldwide Modern Endpoint Security for Midsize Businesses 2024 Vendor Assessment

Join Our Newsletter

Get weekly news, engaging articles, and career tips-all free!

By subscribing to our newsletter, you're cool with our terms and conditions and agree to our Privacy Policy.

  • Dark
  • Light