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Bybit Exchange Launches 'Earnival' Event with Four Weeks of Rewards

Published 6 days ago3 minute read
Bybit Exchange Launches 'Earnival' Event with Four Weeks of Rewards

Bybit, recognized as the world's second-largest cryptocurrency exchange by trading volume, has announced an exciting four-week rewards program for its Bybit Earn users, titled the Bybit Earnival. Running from the announcement date until June 22, this event offers eligible Bybit users the opportunity to earn up to 555% Annual Percentage Rate (APR) and Gold Tokens, aiming to enhance the earning potential for its community.

Amidst paradigm shifts in the global investment landscape, Bybit Earn provides a diverse array of yield-bearing products designed to meet the varied needs of traders. These offerings range from beginner-friendly products with guaranteed returns, such as flexible staking, to advanced savings products with different risk levels. Additionally, Bybit Earn includes access to tokenized real-world assets like XAUT, a digital token backed by physical solid gold.

For four consecutive weeks, the Bybit Earnival is structured with several exclusive perks. New users to Bybit Earn can benefit from "New User Exclusives," which include a boost for Fixed Savings products offering up to 555% APR on USDT. This special offer is applicable within the first two days following their initial deposit and staking of 100 to 300 USDT.

Furthermore, the event features "Extra APR Savings Products Every Week." These limited-time savings products come with highly competitive APRs and are refreshed daily at 6 AM UTC. New offers are launched every Monday at midnight, requiring a net deposit starting at 500 USDT to participate.

Another highlight is the "Weekly Leaderboard Prize." Participants who acquire 3,000 USDT or more weekly in eligible Bybit Earn products can compete on a weekly leaderboard for a chance to win up to 1,000 USDT in Gold Tokens. Rankings for the leaderboard are updated daily, and rewards are distributed within 7 to 14 days following the week's conclusion.

Participation in the Bybit Earnival is open to verified retail customers who have the Savings service enabled on Bybit, ensuring a fair and level playing field. Bybit Earn serves as a popular tool for users to maximize the earning potential of their idle crypto assets on the trading platform, focusing on consistent yield and regular promotions for higher APR, and is trusted by millions of Bybit users as a one-stop solution for their crypto needs.

Bybit, founded in 2018, serves a global community of over 70 million users and is the world's second-largest cryptocurrency exchange by trading volume. The exchange is dedicated to redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong emphasis on Web3, Bybit strategically partners with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation.

Known for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit effectively bridges the gap between Traditional Finance (TradFi) and Decentralized Finance (DeFi). This positioning empowers builders, creators, and enthusiasts to unlock the full potential of Web3. Users can discover the future of decentralized finance at Bybit.com.

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