To commemorate its fifth anniversary, Bybit, the world’s third-largest cryptocurrency exchange by trading volume, is hosting a unique trading competition, offering cryptocurrency enthusiasts an opportunity to explore their trading styles and earn exclusive rewards.

Running from November 27, 2023, at 10 AM UTC until December 25, 2023, at 10 AM UTC, the event introduces an engaging personality test and NFT-based incentives for participants.

Unique NFT Avatars and Vouchers

By engaging in the Archetype personality test within the specified timeframe, participants will receive a distinctive digital avatar as a non-fungible token (NFT). Additionally, the first 10,000 quiz takers will also receive a 10 USDT voucher, adding value to their participation in the event.

Participants will have access to approximately 16 different designs of NFT avatars, with 10,000 copies of each design available on a first-come, first-served basis. Additionally, traders can trade these NFTs within the Bybit Marketplace, fostering a dynamic space for exploring and engaging with unique digital assets.

Creating Hero and Legend Archetype NFTs

Bybit Fifth Anniversary Celebration: NFTs, Trading Competitions, and Prizes

Furthermore, traders have the opportunity to combine Origin Archetype NFTs (colorful) to generate more exclusive NFTs including Hero Archetype NFTs (shiny silver) and Legend Archetype NFTs (shiny gold), further enhancing the rarity and value of their digital collections.

Prize Pool and Rewards

Bybit has arranged a colossal prize pool of up to 800,000 USDT for the trading competition, which is also scheduled from December 4 to December 25, 2023. Participants will be categorized into 16 diverse teams based on their trading personality archetypes.

Furthermore, the rewards they receive will be directly proportional to the number of Legend Archetype NFTs they hold, further incentivizing traders who have honed their trading skills and acquired rare NFTs.

Snapshot for Prize Eligibility

On December 25, 2023, at 10 AM UTC, Bybit intends to take a snapshot of holders possessing Legend Archetype NFTs. These holders stand a chance to claim a share of a 10,000 USDT prize pool, fostering excitement and engagement among participants until the culmination of the event.

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Tanishi is an established writer in the realm of cryptocurrency and blockchain, renowned for her expertise and insightful analysis. With a deep-rooted passion for the dynamic world of digital finance, Tanishi delivers compelling news and articles that captivate a wide-ranging audience.