With the internet buzzing about Bitcoin following its ETF approval, exchanges have quickly implemented new strategies and events to attract new cryptocurrency users to their platforms. Bybit is no exception, introducing a new event called “Wish upon a Bitcoin”, a whimsical nod to Willy Wonka. In this event, participants have the exciting opportunity to win 5 golden Bitcoins through a series of lucky draws, all while actively engaging with Bybit’s innovative products and features. The event will span over a month, with lucky draws resetting every 7 days, continuously adding to the prize pool as BTC prices rise.

Bybit currently holds a position in the top 3 in terms of trading volume. Since its launch, the platform has been exploring innovative ways to attract users and has been successful, capturing over 9.4% of the market share. As more users show interest in acquiring the digital gold, Bybit’s approach involves giving it away for free on their platform – an irresistible opportunity to lay hands on the technology of the future!

Bybit’s Wish Upon A Bitcoin Event

In Bybit’s Wish Upon A Bitcoin event, both hodlers and traders are presented with the opportunity to secure a share of the 5 Bitcoin prize pool. During this event, users can engage in various activities such as trading, investing, and upgrading their accounts to earn rewards and qualify for a lucky draw, with the chance to win up to 5 BTC.

What distinguishes this event is its unique nature within the space; no similar event has been held previously. Bybit’s commitment to providing a fair, transparent, and efficient trading environment is not only a fundamental aspect of their overarching vision but is also a defining feature of this captivating event.

Important Dates:

• Event Duration: From February 15, 2024, 10 AM UTC, to March 14, 2024, 10 AM UTC
• Lucky Draw Window: Running from February 15, 2024, 10 AM UTC, to March 15, 2024, 10 AM UTC

Eligibility Criteria:

Certain requirements must be met by users to turn their wishes into reality during Bybit’s Wish Upon a Bitcoin event.

• To qualify for rewards, users need to click the “Register Now” button on the event page.
• Users must fulfill Identity Verification Lv. 1 to participate in the event.

How to Win?

In the Bybit Wish Upon A Bitcoin event, users can earn rewards through three distinct activities, each offering its unique elements and contributing to the overall excitement of the event’s outcome.

Lucky Draw

The Lucky Draw can be considered as the primary activity of this event, where Bybit has allocated a total of 5 pre-allocated BTC up for grabs. As the cumulative dollar trading volume of all the participants increases, Bybit will unlock 1 BTC at preset milestones.

To qualify for a chance to participate in the lucky draw, users must complete simple tasks. Each completed task not only earns you a small reward but also secures an entry into the lucky draw! These tasks include:

• Invest a minimum of $10,000 in Dual Asset.
• At least $30,000 in Derivatives Trading.
• Engage in Options trading with a minimum volume of $20,000.
• Achieve a minimum trading volume of $100,000 in Derivatives.
• Execute trades of at least $10,000 on Spot (excluding zero-fee pairs).
• Bonus task for non-UTA Users: Upgrade to Unified Trading Account for an extra lucky draw chance (one-time only).

Once a milestone is achieved, users will have the chance to participate in the lucky draw with an opportunity to win 1 BTC as the prize. Additionally, there are other prizes available, such as iPhones, AirPods, and USDT bonuses.

Rules:

• Bybit will refresh each task every week, and tasks from the previous week will not contribute to new milestones.
• Rewards are limited and distributed on a first-come, first-served basis. So, ensure you don’t miss out on these exciting opportunities!

Share and Win

10 lucky winners will have the chance to level up their trading success by qualifying for a share of $1,000 in BTC bonuses. Essentially think of it as a social media giveaway, where you share a creative photo on your social channels, explaining what you would do with 1 BTC, and tag @Bybit_Official with #WishUponABitcoin in your caption. The best 10 posts will win a share of the prize pool.

The steps to participate are simple and listed below. Be sure to follow them closely to ensure you don’t miss out on this incredible opportunity.

Step 1: Log in to your Bybit account.

Step 2: Follow and like Bybit on its social media accounts – Instagram, Facebook, X (formerly Twitter), TikTok, LinkedIn, and the Telegram Announcement Channel.

Step 3: Share an image illustrating your plans for 1 BTC on your social media accounts! The more innovative your post, the higher your likelihood of winning. Ensure to tag @Bybit_Official and use #WishUponABitcoin in your captions.

Step 4: Complete the form available on Bybit to submit your post.

Event Guidelines and Regulations:

• Profits from products and trading volumes on MT4 won’t be considered for this event.
• Subaccounts, Pro users, Institutional users, and Market Makers cannot participate in this event.
• Participants from Spain, Brazil, Hong Kong, and the Netherlands are ineligible for the Derivatives trading task.
• Rewards, excluding iPhone and BTC, are automatically given on a first-come, first-served basis to eligible users via the Rewards Hub. Users need to manually claim their rewards on the landing page. Bybit will manually distribute iPhone and BTC rewards within 10 days after the event concludes.
• Physical rewards like iPhone and Airpods will be converted to an equivalent amount in USDT tokens and distributed.
• Users’ total trading volumes will be updated every 30 minutes, with potential slight delays during peak trading periods.

Dream Big, Trade Bigger with Bybit

Bybit’s Wish Upon a Bitcoin offers you a unique opportunity to turn your wishes into reality. With unlimited trade volume and boundless potential, this event is your chance to put your creativity and logic to work for real gains. And if you’re still not certain about it, here’s a sure fire pro tip, to help you: don’t underestimate yourself! You’ll be surprised at what you can achieve when you really put your mind to it