Bybit Unveils Spot Trading Arena with $200K Prize Pool for BTC, ETH, SOL, and More

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched the Spot Trading Arena, a global competition offering a total prize pool of 200,000 USDT. The campaign runs from July 9 to July 23 and aims to recognize active spot traders through a leaderboard competition and a series of trading-based lucky draw opportunities.

Eligible participants must register for the event and trade eligible Spot pairs, including BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, HYPE/USDT, and XAUT/USDT. The top 100 traders on the leaderboard will share a prize pool of 100,000 USDT, with rewards distributed to users through the Rewards Hub within 14 working days after the campaign concludes.

In addition to the leaderboard competition, participants can earn lucky draw tickets by reaching specified trading volume milestones across Spot trading, Convert, Spot Grid, and Dollar Cost Averaging (DCA) trading. The campaign requires participants to complete Identity Verification Level 1 and register during the event period to qualify for rewards.

Subaccounts, Pro users, institutional users, and market makers are not eligible to participate in the campaign, which is also unavailable to users residing in certain regions, including the European Economic Area, mainland China, Hong Kong, Singapore, Uzbekistan, and the United States.