The crypto derivatives exchange ByBit rolls out airdrop program for its users in the celebration of adding the facility of USDT perpetual contracts. With this reward program, customers of the exchange will be able to get 50 USDT to 500 USDT in different task schemes.
The cryptocurrency derivatives platform added the functionality of perpetual contracts- on March 25- for Tether, the stablecoin pegged by the US dollar. The company is already offering perpetual contracts for BTC/UST with leverage up to 100x.
ByBit Airdrop Campaign in Celebration
With the addition of the new product, the trading platform announces the airdrop campaign to celebrate the new facility. The purpose behind this is to attract existent and new customers to register and trade USDT’s perpetual contracts. However, new customers will get an additional bonus.
Ben Zhou, the CEO of Bybit, said:
‘’The launch of USDT perpetual contracts on Bybit is a cause for celebration, and this airdrop will incentivize traders to hold the most liquid and trusted stablecoin on the market. Small traders, as well as bigger players, will be rewarded according to their activity, giving all Bybit users an incentive to get involved.’’
The exchange categorizes the airdrop bonus depending on the extent of users’ response:
- The ones, with wallet balance equal to or more than 0.5 BTC till 10 am (UTC) on April 13, will be able to claim 50 USDT in bonus.
- You will get 60 USDT if ‘’Waltz your way to an additional 2% of your total USDT Wallet Balance at 10 am (UTC) on 16 April.’’
- After experimenting with perpetual contracts, users will have to submit feedback. The company is pledged to give 500 USDT to Bybit MVF (Most Valuable Feedbacker).
- The active customers will be able to gain a bonus of up to 1000 USDT based on the trading volume and net deposits.
The newcomers on the site will get a 20% additional airdrop bonus plus the above-mentioned airdrops. For this, they have to pre-register themselves on the site.