Blockchain Press Releases
Born for Initial Launches: Coinstore’s Brand Launch Conference Comes to a Successful Conclusion
SINGAPORE, Sept. 13, 2023 /PRNewswire/ — On September 12, the crypto field ushered in an exciting moment. Serving emerging markets, Coinstore’s Brand Launch Conference 2023 successfully concludes at Singapore’s Fullerton Hotel. After more than two years of development, Coinstore makes its global brand debut.
As one of the fastest growing trading platforms in 2022, Coinstore unites high-quality premium assets to empower global project launches. Coinstore strives to make transactions easier, make assets safer, and make cryptocurrency accessible to every corner of the world.
Coinstore Reaches A New Milestone in This Global Debut
As the brand’s debut, Coinstore announced its new brand revelation, product upgrades and future strategies for the outside world. The venue was packed and the press conference saw many industry experts. More than 100 venture investors, over 50 well-known companies, and a total of more than 400 crypto enthusiasts gathered to witness Coinstore’s brand milestone.
James, Coinstore’s Global Head of Business Development, introduced the brand’s development history as well as its future brand strategy and vision. Since Coinstore launched its spot trading system, it has served more than 500 global projects and provided transactions for 3.6 million crypto enthusiasts in 175 countries and regions.
In order to announce the Coinstore brand to the world, Coinstore’s Business Development Associate Director, Manfred Chew, introduced new brands and products. Coinstore represents the future of cryptocurrency trading. Named the Best Exchange in Asia by Crypto 306 and the Best Rising Star by Crypto Expo, Coinstore is revolutionizing the world of crypto finance. Coinstore uses innovative products to provide crypto enthusiasts with a one-stop solution for cryptocurrency trading, protect the security of users’ assets, screen high-quality assets for users, and allow more high-quality assets to be launched on Coinstore.
Regarding the discussion of cryptocurrency infrastructure, Jide Fashola from Cardano delivered a keynote speech and believed that cryptocurrency represents the future of currency and ensures secure and fast direct transfers through blockchain technology. Advancing the construction of public digital infrastructure, cryptocurrency serves as a practical tool in financial and social systems. It provides facilities for fair financial services to everyone, thereby fostering greater financial inclusivity.
In the impassioned discussion titled “The Evolution of Web3 Gaming and Upcoming Trends to Look Out For” roundtable session, guests discussed the evolution of Web3 games, communicated about the current situation of Web3 games, and shared solutions for the transition of games from Web2 to Web3. They also analyzed upcoming trends in Web3 gaming and delved into the evolution of its tokenomics, all aimed at collectively driving the development of Web3 gaming.
To explore the functioning of decentralized gaming, Daniel Oon, the head of My Neighbour Alice, delivered a keynote speech titled “The Decentralized Game.” In it, he shared insights into the logic of decentralized gaming and discussed the importance of focusing on user self-expression and collaboration when building fully decentralized games. Targeting Web3 users, the ability to create NFTs for self-expression was emphasized, ultimately paving the way for users to build their own Web3 worlds.
In another roundtable discussion titled “With The Integration of AI With Blockchain, How Will This Impact The Trend of The Crypto Market and How Do We Expect It To Evolve”, the guests discussed how artificial intelligence brings more possibilities to cryptocurrency, further increasing the use value and popularity of cryptocurrency.
Discussing the trends of artificial intelligence’s impact on cryptocurrency, the event provided crypto enthusiasts with deeper insights into digital currencies and Web3 considerations.
As Web3 becomes a trend and asset security emerges as a pressing issue in the crypto sphere, Liu Yang, the head of MetaTrust Labs, delivered a talk titled “Builder-first Web3 Security.” Noting the increasing number of crypto-related hacks, Liu Yang addressed the unique characteristics of Web3—its unregulated, irreversible, transparent, and open nature—which make assets vulnerable to attacks. He provided the crypto enthusiasts in attendance with valuable insights into Web3 security considerations.
Facing the bear market in the crypto circle, Joey Cheah, head of NoahSwap, said in her speech that the cryptocurrency market is facing growing challenges, with 70% of holders suffering capital losses in the bear market in 2022. NoahSwap aims to accept the challenges of crypto investment and assist Global users reduce investment losses.
The successful execution of Coinstore’s brand launch event marks the emerging brand’s challenge to industry giants, offering more choices to crypto users. Coinstore’s global brand debut also accelerates its positioning in the crypto and Web3 landscapes.
Empowering high-quality premium assets for its global debut
Born in a bull market and steadfast in a bear market, Coinstore has rapidly risen to become one of the fastest-growing trading platforms in the past two years. Since launching its spot trading system on June 11, 2021, Coinstore has provided trading services to crypto enthusiasts in 175 countries or regions, with Indonesia, India, and Nigeria emerging as the top three countries in terms of registered users.
Focusing on emerging markets and empowering high-quality assets, Coinstore has built itself into the world’s leading exclusive premium listing platform. The slogan is “The First Choice For the Initial Launch”. Through meticulous screening and expert evaluation, Coinstore lists quality premium assets for its users.
Coinstore provides VIP services for online projects, and has a dedicated delivery department to provide one-to-one services for projects and assist in the overall listing, marketing and operation of the project. This is also the basis for Coinstore to select high-quality projects for its users.
Coinstore remains committed to simplifying trading, securing assets, and unearthing quality assets for its users, leading to the inception of Coinstore Launchpad. As of September 5, 2023, Launchpad projects have seen an average oversubscription rate of 227% this year, with the best-performing project, SOIT. As of June, projects launched on Prime have seen an average value increase of 1071%. Launchpad has become one of Coinstore’s most popular and successful products.
To disseminate knowledge about blockchain and Web3 and to bring cryptocurrency understanding to a broader audience, Coinstore has launched two major offline events: “CS Connect” and “Cryptalk.” In 2023, Coinstore aims to expand its reach by hosting over 30 Cryptalk events and 50 CS Connect events, covering more than 20 countries.
Coinstore continuously rolls out financial innovations with the aim to offer more inclusive digital financial services to its global user base. In March 2022, Coinstore launched Web 3.0, utilizing wallets as a gateway to bridge the gap between centralized and decentralized exchanges, thereby offering users a one-stop solution for digital asset management.
Coinstore will continue to build a Web3 security ecosystem, adhere to technological product innovation under the premise of legal compliance and controllable risks, create a new secure digital world, and promote the application of Web3 and other technological innovations.
In the name of blockchain technology, the power of Web3 technology for good is unleashed. Coinstore firmly believes in the power of crypto to bring cryptocurrency ownership to more people and make it universally accessible in every corner of the world.
Since its inception, Coinstore has been quietly contributing to empowering the emerging world with crypto strength. With the global launch of Coinstore’s brand event, it proclaims the magical power of crypto to the world. One small step for the crypto community, one giant leap for Coinstore. Together, we witness the alternating bull and bear markets and the transformative impact of the crypto world.
View original content:https://www.prnewswire.co.uk/news-releases/born-for-initial-launches-coinstores-brand-launch-conference-comes-to-a-successful-conclusion-301926048.html
Welcome to Blocks & Headlines, your daily deep-dive into the most impactful movements in blockchain technology and the cryptocurrency sector. In today’s edition, we unpack five major stories that illuminate trends in funding, sustainability, payment innovation, banking collaborations, and technical interoperability—all vital signposts for developers, investors, and Web3 enthusiasts. Here’s what’s on the docket:
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Camp Network’s New IP-Focused Testnet
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Blockchain for Sustainable Packaging
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Meta’s Blockchain-Based Payment System Plans
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Mocse Credit Union Joins Metal Blockchain’s Innovation Program
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Apex Fusion on the Urgency of Blockchain Defragmentation
Through concise reporting, opinion-driven analysis, and SEO-optimized insights—featuring keywords like blockchain, cryptocurrency, Web3, DeFi, and NFTs—we’ll explore how these developments shape the next wave of decentralized finance, enterprise adoption, and mass onboarding.
1. Camp Network Launches Testnet for IP-Focused Blockchain
What Happened:
Camp Network has unveiled its long-anticipated testnet following a $30 million funding round led by leading crypto VCs. This new network is tailored for intellectual property (IP) asset tokenization, aiming to streamline rights management and royalty payments via smart contracts.
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Technical Highlights:
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Modular Consensus: Hybrid PoS/PoA consensus that allows IP rightsholders to validate transactions.
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On-Chain Licensing: Smart contracts enabling programmable licensing terms, automated royalty splits, and revocable access controls.
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Interoperability: Bridges to Ethereum and Polygon enable seamless asset transfers and liquidity provisioning.
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Analysis & Implications:
By focusing on IP tokenization, Camp Network addresses a glaring gap in current NFT platforms, which often lack robust legal-framework integration. This specialization could catalyze:
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New Revenue Models: Musicians, authors, and inventors can fractionalize royalties, unlocking liquidity and democratizing investment in creative works.
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Institutional Adoption: Traditional publishers and studios may pilot tokenized licensing, accelerating blockchain’s entrée into regulated industries.
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Secondary Markets: With on-chain licensing data, marketplaces can enforce provenance and anti-fraud measures more effectively.
Camp Network’s testnet success will hinge on developer tooling, legal partnerships, and gas-fee economics. Should it deliver a smooth UX and clear ROI for rightsholders, it could set a new standard for Web3 IP infrastructure.
Source: The Block
2. Blockchain as a Sustainable Packaging Game-Changer
What Happened:
A recent report explores how blockchain can revolutionize sustainable packaging by delivering end-to-end supply-chain transparency. The solution combines on-chain tracking of materials, IoT sensor data for carbon footprint measurement, and tokenized incentives for recycling.
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Key Components:
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Immutable Traceability: Each packaging component is logged on a public ledger, enabling consumers to verify sustainable sourcing.
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Carbon Credit Tokens: Brands earn tokenized credits when they hit recycling targets, tradable on carbon-market DAOs.
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Consumer-Facing Apps: QR-code scanning interfaces reveal environmental impact metrics and reward programs.
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Analysis & Implications:
Integrating blockchain with sustainable packaging tackles greenwashing and fragmented reporting. The ability to tie physical materials to on-chain records introduces:
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Enhanced Accountability: Brands face real-time public scrutiny of ESG claims, improving trust and regulatory compliance.
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Market Mechanisms: Carbon credit tokens linking packaging to broader DeFi ecosystems incentivize circular economy behaviors.
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Consumer Engagement: NFTs or loyalty tokens tied to sustainable purchases could accelerate brand loyalty in eco-conscious demographics.
This convergence of blockchain, IoT, and token economics exemplifies how decentralized technologies can underpin not only financial systems but also planetary stewardship.
Source: Yahoo Finance
3. Meta Plans New Blockchain-Based Payment System
What Happened:
Meta is reportedly developing a blockchain-powered payment network to underpin its digital wallet ambitions, aiming to facilitate low-fee remittances, in-app purchases, and peer-to-peer transfers across Facebook, Instagram, and WhatsApp.
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Proposed Features:
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Cross-Border Settlements: Utilizing stablecoins pegged to major fiat currencies to avoid volatility.
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Layer-2 Scalability: Built atop an Ethereum Layer-2 or a proprietary chain to ensure sub-second confirmation times and minimal fees.
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Regulatory Compliance: On-chain KYC/AML checks integrated via permissioned sidechains.
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Analysis & Implications:
Meta’s push into blockchain payments could reshape the competitive landscape:
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Crypto On-Ramp: With 3 billion+ monthly users, built-in wallet functionality could massively expand mainstream cryptocurrency adoption.
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Disintermediation Risk: Traditional payment processors and remittance services face margin compression as Meta internalizes transaction flows.
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Regulatory Scrutiny: Centralized control of a global payments network raises data-privacy and antitrust questions, likely attracting significant oversight.
If Meta balances decentralization ethos with compliance demands, it could serve as a blueprint for other Big Tech firms eyeing Web3 integration.
Source: Dig.watch
4. Mocse Credit Union Joins Metal Blockchain’s Banking Innovation Program
What Happened:
Mocse Credit Union has signed on to Metal Blockchain’s Banking Innovation Program, a consortium designed to accelerate pilot projects in tokenized lending, fractional deposits, and programmable savings accounts.
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Program Benefits:
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Sandbox Environment: Regulatory-compliant testbeds for tokenized asset experiments.
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API Integrations: Plug-and-play modules for KYC, smart-contract auditing, and fiat-crypto on-ramps.
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Co-Innovation Workshops: Joint labs with fellow financial institutions and DeFi projects.
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Analysis & Implications:
This partnership signals the banking sector’s growing willingness to explore blockchain beyond hype:
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Tokenized Deposits: By issuing interest-bearing stablecoin equivalents, credit unions can attract a new demographic of digitally native savers.
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Risk Management: Sandboxed pilots allow institutions to evaluate smart-contract risks without exposing core systems.
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Interoperable Finance: Aligning legacy banking with DeFi rails can unlock hybrid products—e.g., flash loans collateralized by insured deposits.
Such collaborations could spearhead a wave of embedded finance offerings, blurring the lines between centralized and decentralized banking infrastructures.
Source: Newswire
5. Apex Fusion: Defragmenting Blockchain for Mass Adoption
What Happened:
In an op-ed, Apex Fusion argues that blockchain interoperability and defragmentation are critical prerequisites for mainstream Web3 uptake. The piece advocates standardized cross-chain messaging protocols, unified identity layers, and aggregated liquidity pools.
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Core Proposals:
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Protocol Neutral Messaging: A universal middleware to transmit value and data across disparate chains.
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Decentralized Identity (DID): A shared credential framework enabling seamless dApp logins without wallet-hopping.
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Liquidity Hubs: Cross-chain Automated Market Makers (AMMs) that pool assets to reduce slippage and gas friction.
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Analysis & Implications:
A fragmented blockchain ecosystem hinders user experience and developer efficiency:
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Onboarding Friction: New users face wallet complexity, chain-switching hassles, and inconsistent UX across apps.
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Capital Inefficiency: Isolated liquidity silos lead to higher trading costs and limit DeFi yield optimization.
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Developer Overhead: Building multichain dApps requires fragmented toolkits and disparate security audits.
Solving these challenges through interoperable frameworks will be pivotal for DeFi, NFT, and enterprise Web3 solutions to scale beyond niche audiences. Apex Fusion’s recommendations may inform upcoming standards efforts by bodies like the Blockchain Governance Initiative Network (BGIN).
Source: Euro Weekly News
Conclusion
Today’s blockchain developments reflect a maturing industry at the crossroads of innovation and integration:
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Specialized Networks: Camp Network’s IP testnet showcases niche use-cases driving targeted blockchain deployments.
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Sustainability & Token Economics: Linking environmental impact to on-chain incentives demonstrates blockchain’s potential in non-financial arenas.
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Big Tech Entry: Meta’s payment ambitions could accelerate global crypto adoption while raising regulatory stakes.
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Banking Collaboration: Programs like Metal Blockchain’s underscore financial institutions’ appetite for safe, regulated Web3 experimentation.
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Interoperability Imperative: As Apex Fusion highlights, defragmentation and cross-chain standards are essential for seamless UX and liquidity flow.
As blockchain weaves deeper into finance, supply chains, and digital ecosystems, the future hinges on striking the right balance between decentralization, compliance, and user-centric design. Stay tuned for tomorrow’s Blocks & Headlines where we continue to chronicle the pulse of Web3 innovation.
The post Blocks & Headlines: Today in Blockchain – May 9, 2025 appeared first on News, Events, Advertising Options.
Blockchain Press Releases
Bybit Surpasses 70 Million Users, Reinforces Commitment to Transparency and Institutional Growth
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation.
“Reaching 70 million users is more than a number—it’s a testament to the trust our global community places in us,” said Ben Zhou, co-founder and CEO of Bybit. “We are doubling down on compliance, institutional-grade infrastructure, and user-centric innovation to ensure everyone—from first-time traders to global institutions—can access the future of finance with confidence.”
Strengthening Global Compliance and Regulatory Engagement
Bybit continues to expand its global compliance framework, working closely with regulators around the world. Most recently, Bybit held strategic discussions with Vietnam’s Ministry of Finance, contributing to the country’s regulatory sandbox initiative by sharing expertise in KYC, AML, and international best practices.
Bybit has also made key progress in major jurisdictions, including the United Arab Emirates, further demonstrating its commitment to regulatory alignment and operational transparency.
Accelerating Institutional Growth
Bybit is seeing rapid growth among institutional clients, driven by high-performance trading infrastructure, advanced risk controls, and strategic partnerships. The integration with Zodia Custody—a leading provider of institutional-grade custody and off-venue settlement solutions—reflects Bybit’s ongoing efforts to meet the needs of sophisticated investors with robust, compliant offerings.
Pioneering Web3 Integration and Real-World Utility
Bybit continues to lead in practical Web3 innovation. The Bybit Card, now used by nearly 2 million people, enables everyday crypto spending, while Bybit Pay streamlines on-chain and off-chain transactions for both users and merchants.
In line with its user-first philosophy, Bybit is also leveraging artificial intelligence to enhance trading, research, and support services. CryptoLens, an in-house AI analytics tool, offers users deep insights into token fundamentals, community activity, social trends, and tokenomics—even for projects not listed on the platform. TradeGPT, an AI agent trained on Bybit’s proprietary data, delivers rapid price action summaries and technical analysis, helping traders make smarter decisions. Complementing these innovations, an AI Support Agent enhances customer service by improving response efficiency and user experience across the platform.
Bridging Traditional Finance and the Future of Digital Assets
Bybit remains committed to its role as #TheCryptoArk—a safe, trusted bridge from traditional finance into the world of Web3. Through intuitive products, regulatory collaboration, and cutting-edge technology, Bybit empowers users of all levels to navigate and thrive in the digital asset ecosystem.
“We’re building the infrastructure for the next era of finance,” Ben added. “By championing regulation, professionalism, and a relentless user-first approach, we’re shaping a safer, more inclusive, and more empowering financial future for all.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-surpasses-70-million-users-reinforces-commitment-to-transparency-and-institutional-growth-302451104.html
Blockchain Press Releases
Unleashing the Power of Futures Combo Bots on Bybit: Leveling up Futures Trading with More Rewards
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, Futures Combo Carnival, a month-long trading event rewarding both new and experienced Futures Combo traders with multiple rewards tracks. Trading thresholds start at 300 USDT with rewards of up to 500 USDT in prizes weekly.
The largest Futures Combo campaign on Bybit to date, the Carnival gives traders even more reasons to make their futures trading journey hassle-free and more rewarding. Bot-enabled automated trading is becoming the norm among strategic traders in a turbulent market, where no traders can afford manmade mistakes or delays in execution.
Bybit’s Futures Combo Bot is a powerful tool for streamlining users’ futures trading experience, empowering them to build portfolios and rebalance positions across multiple futures contracts. The innovative solution allows traders to set up a Bot within minutes, minimizing manual management of complex trading strategies, and achieving both efficiency and flexibility when managing combos of futures contracts.
From now to Jun. 9, 2025, eligible Bybit users may take part in two events with a welcome bonus for first-time users:
- The Combo Battle offers newcomers who achieve a trading volume of 300 USDT an immediate 5 USDT Bot Bonus on a first-come, first-served basis, while experienced traders can earn lucky draw tickets by reaching volume milestones of 1,000 USDT and 2,500 USDT respectively using Bybit’s Futures Combo Bot.
- The Combo Challenge invites Mandarin-speaking Key Opinion Leaders to create and share their trading strategies on social media using the hashtag #ComboChallenge, with three weekly winners receiving 500 USDT each.
Bybit is committed to making futures trading more accessible to users looking to diversify their trading strategies. With rewards designed for both newcomers and experienced traders, this event strengthens community engagement while supporting users wherever they are on their trading journey. For more details and terms and conditions, users may visit: Bybit Futures Combo Carnival
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/unleashing-the-power-of-futures-combo-bots-on-bybit-leveling-up-futures-trading-with-more-rewards-302451105.html
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