Bybit Airdrop – How to Claim FREE 600 BIT Tokens

2 Mins read

Here’s a Bybit airdrop of goodness to be shared.

Bybit is air-dropping some BIT — the native token from one of the largest Decentralized Autonomous Organizations in the world, BitDAO — right at your doorsteps.

From 00:00 AM UTC on Sept. 29, 2021, to 00:00 AM UTC on Oct. 16, 2021, stand a chance to earn up to 600 BIT when your all-time trading volume on Bybit meets the threshold!

Bybit Airdrop - How to Claim 600 BIT TOKEN

Volume Up: Here’s How

All traders who have traded for a minimum of three cumulative days since joining Bybit are eligible for the event!

To start earning BIT, you need to meet a minimum of $100,000 in all-time trading volume, which is calculated as follows:

  • Your total spot trading volume before the event begins will be multiplied by 3.
  • Your total derivatives trading volume (all pairs inclusive) before the event starts will be counted as it is.
  • Your total spot trading volume after the event begins will be multiplied by 4.5.

Your total derivatives trading volume (all pairs inclusive) before the event starts will be multiplied by 1.5. For example, if Leo recorded $30,000 in spot trading volume prior to the event, and makes even more spot trades amounting to $10,000 during the event period, his all-time trading volume would be equivalent to $135,000 ($30,000 x 3 + $10,000 x 4.5)!

All-Time Trading VolumeBIT Rewarded
100K – 500K20.00
500K – 1M40.00
1M – 2M80.00
2M – 5M150.00
5M – 50M300.00

We’re taking into account your trading volume up until the event starts, and also giving you a boost for any trades made, be they for our spot or derivatives products, during the event itself.

Build Your Coin-nections

Good things are meant to be shared. Invite friends and boost your number of BIT unlocked!

No. of Qualified ReferralsBIT Rewarded
1 – 35 BIT / Qualified Referee
4 – 66 BIT / Qualified Referee
≥78 BIT / Qualified Referee

That means, if you have eight qualified referees, we will drop you 64 BIT.

The Important BIT: Claiming Your Tokens

After you’ve unlocked your BIT, you will need to complete KYC L1 to successfully redeem them. After which, you will be able to find your BIT rewards in the Spot Account. 

Terms & Conditions:

1. To be eligible for the event, your all-time trading days on Bybit must be equal to or greater than three (3). This requirement must be met on or before 00:00 AM UTC on Oct. 16, 2021.

2. Your all-time trading days and trading volumes will be automatically calculated.

3. You are not allowed to stack rewards. The highest trading volume tier reached will take effect.

4. Trading volume under the Subaccount will be counted towards the Main Account. Your total trading volume will be counted until 00:00 AM UTC on Oct. 16, 2021.

5. The higher number of trading days under either the Subaccount or the Main Account will be counted.

6. To be a qualified referee, your friend must register on Bybit with your referral code, make a deposit, meet the min. the total trading volume of $1,000 for USDT Perpetual and Inverse Contracts (all pairs inclusive) or the min. spot trading volume of $200 (all pairs inclusive), and successfully participate in at least one of the BIT events.

What Is BIT?

BIT is the native token of BitDAO — one of the world’s largest Decentralized Autonomous Organizations (DAOs) that aims to allocate massive financial and talent resources to support DeFi growth.

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About author
Johnmiracle Ejikeme is a 7 Figure digital network marketer, crypto enthusiast, and a trader. A humble fellow that fancy investing and technology.
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