#Bybit #Dubai #UAE #MNT #BNB

Bybit Unveils $5 Million Prize Pool for New Users

Bybit, known as the second-largest cryptocurrency exchange globally by trading volume, has made waves with its recent announcement of a substantial $5 million prize pool linked to its welcome gifts program. This initiative is crafted to enhance the onboarding experience of new users, offering them tangible benefits while simultaneously promoting the growth of two significant digital assets: Mantle (MNT) and Binance Coin (BNB).

The backdrop of this program shines brightly with MNT experiencing an impressive surge of over 263% year-to-date, while BNB boasts a robust increase of approximately 135%. These market movements underline the potential of both assets, paving the way for Bybit's unique position as the only leading exchange to offer welcome incentives related to both cryptocurrencies. Bybit aims to create an inviting atmosphere for newcomers wishing to explore the cryptocurrency landscape from day one.

Welcome Gifts Breakdown

This innovative welcome gifts program allows eligible new users to tap into the $5 million prize pool through various achievement tiers. The following tiers delineate the benefits available:

Tier 1: Identity Verification

Upon successful completion of identity verification, new users are rewarded with 20 USDT, which can be utilized for either spot or derivatives trading fee savings.

Tier 2: Initial Deposit

Users making an initial deposit of at least $100 can additionally claim another 20 USDT in fee savings.

Tier 3: Deposit and Trading

Those who deposit $100 or more and make trades starting from $10 can select from 20 USDT's worth of MNT or BNB tokens, or opt for 20 USDT in fee savings or trading bonuses.

Tier 4: Enhanced Trading Volume

Users who deposit a minimum of $100 and complete total trades amounting to $30,000 can qualify for 40 USDT in fee savings, either for spot or derivatives trading.

Tier 5: Savings Product Participation

For new users who invest in Bybit Savings products, notably purchasing 100 USDT, promotional interest rates of 555% APR are offered, along with a 300% APR booster.

This engaging structure is designed to incentivize active participation, enabling traders to maximize their profits as they start their journey on the Bybit platform. The burgeoning digital asset market is ripe with opportunities, and Bybit is stepping forward to facilitate access for new traders through competitive incentive packages.

A Commitment to Community

Bybit not only seeks to empower individual users through this enhanced welcome gifts program but also emphasizes its commitment to evolving alongside the cryptocurrency market and its community. With the inclusion of an enticing $5 million prize pool, Bybit's initiative serves as a lucrative entry point for anyone looking to dive into the burgeoning world of crypto trading. As MNT and BNB continue to gain traction in the market, this new program stands as a significant opportunity for new users to capitalize on the positive momentum surrounding these leading digital assets.

To understand eligibility specifics, potential participants are encouraged to refer to the complete terms and conditions available on Bybit's website. As the platform evolves, Bybit remains committed to redefining access and openness in this decentralized space, paving the way toward a more inclusive financial future.

For more comprehensive details about Bybit and its offerings, please visit their official website or follow them on their various social media channels.