As the crypto world eagerly awaits the U.S. Securities and Exchange Commission’s (SEC) decision on Ethereum Spot ETF applications, Bybit, a leading cryptocurrency exchange, has introduced an exciting campaign titled “Ethereum Euphoria: The ETF Expedition.” This initiative not only offers participants the opportunity to win USDT and a Tesla Cybertruck but also aims to enhance their understanding of major market events.
The centerpiece of the “Ethereum Euphoria: The ETF Expedition” campaign includes two engaging activities:
1. Daily ETH Price Prediction
Users can test their forecasting skills by predicting the daily price of the ETHUSDT perpetual contract at 10:00 AM UTC the following day. With 20 rounds scheduled over a 21-day period, participants have the chance to win 1 ETH each day by accurately predicting or coming closest to the actual price.
2. ETH Spot Trading Pair Price Trend Prediction
Traders can delve deeper into market dynamics by predicting the price trend of eight ETH-related spot trading pairs. These pairs include ETHUSDT, WLDUSDT, ARBUSDT, STRKUSDT, MATICUSDT, MNTUSDT, SHIBUSDT, and OPUSDT. By earning points through accurate predictions, participants can exchange them for lucrative rewards.
To increase their chances of winning, users can achieve a daily cumulative derivatives trading volume of $500 or more. Alternatively, they can take advantage of the daily free prediction chances offered between 2 PM and 4 PM UTC. Bybit is providing 1000 free chances per day on a first-come, first-served basis. Moreover, participants ranking in the top 200 based on points stand a chance to win the grand prize, a Tesla Cybertruck.
Joan Han, Bybit’s Sales & Marketing Director, emphasized the importance of staying informed in the evolving crypto landscape. Han said, “As the crypto landscape evolves, it’s crucial for traders to stay informed and capitalize on rare events like the Ethereum ETF decision. We believe that informed traders are empowered traders, and this campaign is designed to foster that spirit.”
Established in 2018, Bybit is recognized as one of the top three cryptocurrency exchanges by volume, boasting a user base of 25 million. The platform provides traders with a professional environment featuring an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit proudly partners with Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team.
Overall, Bybit’s “Ethereum Euphoria: The ETF Expedition” campaign stands as a testament to the exchange’s commitment to both its users and the broader cryptocurrency community. With invitations extended to all traders and enthusiasts, Bybit encourages participation in the latest campaign, promising an enriching experience and the chance to win significant prizes.
