As an experienced financial analyst, I’m excited about Bybit’s innovative Crypto Cup 2024, which combines the excitement of football with the dynamic nature of crypto trading. This event is a testament to Bybit’s strong presence in both the sports and crypto worlds.
In the realm of cryptocurrencies, there has been a deep-rooted connection with sports, specifically football, for quite some time. Bybit, a prominent name in the digital asset trading sector, has solidified its position within the sports community by aligning itself with Formula One’s current Constructors’ and Drivers’ champions, Oracle Red Bull Racing. In 2024, Bybit will introduce its Crypto Cup as an innovative offering for crypto traders and football enthusiasts. This exclusive event promises a chance to claim a portion of the impressive 500,000 USDT reward pool.
Based on the official announcement, the Crypto Cup 2024 is set to take place from June 12, 2024, at 10 a.m. (Coordinated Universal Time) until July 14, 2024, at 7 p.m. UTC. The objective of this unique event is to combine the excitement of soccer with the ever-changing world of crypto trading.
Bybit users have the opportunity to acquire Crypto Cup Tickets by engaging in various tasks on the platform. These tickets grant the right to cast votes for preferred soccer teams and accumulate Crypto Cup Points. The number of points amassed will influence each user’s portion of the prize pool reward.
As a crypto investor, I’m excited to share that going beyond the main prize pool, Bybit is generously offering an exclusive trip to Austria for one fortunate winner in each of their five lucky draws. This lavish reward encompasses a round-trip ticket and a single night at an elite hotel.
How to Earn Crypto Cup Tickets?
As a researcher, I’ve discovered that Bybit rewards users with tickets based on their trading activities. For perpetual and futures contracts, every 50,000 USDT in trading volume earns one ticket. Similarly, options trading volume of 15,000 USDT and spot trading volume of 10,000 USDT also result in a single ticket each. Referring friends who deposit and trade on Bybit is another way to earn tickets. Additionally, creating a Bybit Cloud Wallet or a Keyless Wallet grants a ticket, while utilizing a Trading Bot with a minimum trading volume of 5,000 USDT will secure another ticket.
New and existing VIP users can receive Crypto Cup Tickets through the exchange, depending on their VIP status. Additionally, users will obtain tickets by utilizing the Bybit Card for transactions or inviting friends to apply for the card.
As a crypto investor, I’m thrilled about Binance‘s latest moves in the world of sports and blockchain technology. Previously, they announced an exclusive multi-year partnership with Manchester United and football legend Cristiano Ronaldo. More recently, they launched an innovative blockchain-backed football initiative, offering challenges with a generous prize pool of $1 million worth of tokens.
Established in 2018, Bybit holds a significant position within the crypto market. According to CoinMarketCap’s statistics, it ranks as the second largest exchange in terms of derivative trading volumes and the fourth largest for spot trading volumes.
Ben Zhou, CEO of Bybit, has put rumors of insolvency to rest by confirming that the company’s financial status is robust, as evidenced by its strong balance sheet. To further prove this point, Zhou shared a link to the exchange’s proof-of-reserves (PoR), which publicly displays the assets under Bybit’s management.
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2024-06-12 16:10