Bybit is excited to announce the listing of XETA on our Spot trading platform!
To celebrate, we've prepared 2 special events with total prize pools of 600,000 XETA and 75,000 USDT just for you.
Event 1: Stake to Earn up to 999% APY (600,000 XETA Prize Pool)
Event period: July 22, 2022, 10AM UTC – Aug. 5, 2022, 10AM UTC
Here's how it works:
Day 1: Stake up to a maximum of 1,800 XETA with Bybit Savings.
Day 2: Start earning interest!
Day 3: The yield earned from the previous day will automatically be deposited to your Earn Account — and will continue to be deposited daily until the last day of the event, as long as your tokens are still staked.
Don't worry, you'll be able to unstake your assets at any time.
Event 2: Trade to Earn from 75,000 USDT Prize Pool
Event period: July 22, 2022, 10AM UTC – Aug. 5, 2022, 11:59PM UTC
Simply make a Spot trade of at least 2,000 XETA during this period and you'll get an equivalent share of the 600,000 XETA prize pool! Each winner can earn up to 5,000 USDT in rewards.
Easy peasy.
Terms and Conditions
- Users must complete individual KYC Lv. 1 or Lv. 2 to participate in Flexible Savings. Business KYC is not accepted.
- Daily yield is calculated as the number of tokens staked × (APY for the staked token/365).
- Users can unstake their assets at any time, and their staked assets will be auto credited to their Earn Account immediately. Please note that no yield will be calculated on the day of withdrawal.
- Bybit Savings doesn't support Subaccounts.
- Only Spot trades of XETA will be counted as eligible trading volume for this event. The accumulated trading volume is the total amount of XETA you buy and sell on Spot within the event period.
- Only trades made from July 22, 2022, 10AM UTC to Aug. 5, 2022, 11:59PM UTC will be considered in reward calculation for Event 2.
- Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent or harmful purposes.
- Bybit reserves the right to modify the terms of this event without notifying users in advance.
- Bybit reserves the right of final interpretation of this event. If you have any questions, please contact customer service.
Source: Bybit Blog
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