Blockchain Press Releases

Bybit Web3 Celebrates 10 Million Wallet Milestones and Unveils Giveaways Worth Over $500,000 and 50,000 Web3 Points

Published

4 months ago

June 14, 2024

DUBAI, UAE, June 14, 2024 /PRNewswire/ — Bybit Web3, the Web3 division of Bybit — one of the top three global crypto exchanges by trading volume — is thrilled to announce that it has reached a significant milestone of 10 million Web3 wallets globally, marking a major achievement in the decentralized finance (DeFi) sector. This milestone underscores Bybit’s commitment to delivering exceptional services and driving growth in the Web3 ecosystem.

Bybit Web3’s meteoric rise is a testament to its robust user adoption and the trust it has garnered. The platform has successfully onboarded 1.4 million users through over 30 Initial DEX Offerings (IDOs), achieving an impressive average ROI of 2300% and generating more than $30 million in user profits. The innovative Airdrop Arcade has attracted hundreds of thousands of participants, significantly boosting network growth and community engagement. The recent launch of DEX Pro now offers users access to over 1 million tokens across nine chains, enhanced by cutting-edge i-SMART data technology. Bybit Web3’s NFT collaborations with top-tier brands have also shown strong demand, with the Velocity Pass 2.0 reaching $1 million in sales within hours.

“We are immensely proud to celebrate the monumental milestone of creating 10 million Bybit Web3 wallets globally. This achievement is not just a reflection of the hard work and dedication of our team but also a testament to the unwavering trust and support of our users. Bybit Web3 is committed to pushing the boundaries of innovation in the decentralized finance space,” added Ben Zhou, Co-founder and CEO of Bybit.

Key Achievements and Future Plans:

Bybit Web3 Achieves 10M Wallet Milestone: Set to expand connectivity across 30+ chains by the end of June.
Launches Over 30 IDOs, Onboarding 1.4M Users: Prepares for the enhanced IDO 2.0 with gamification and loyalty rewards.
Airdrop Arcade Draws Over 3M Visitors: Strengthening partnerships and the Web3 ecosystem with new rewarding mechanics and strategic alliances.
DEX Pro Experiences Explosive Growth: Doubling users and trading volume weekly across 1M+ tokens, powered by advanced smart data on-chain technology.
Strategic NFT Collaborations: Partnering with top-tier brands like ORBR, Franck Muller, and Robbie Williams to explore the limitless possibilities of NFTs.

Unwrap the Fun: Celebrate with Our Giveaways:
To celebrate this milestone, Bybit Web3 is launching several community-driven initiatives, including:

$500,000 worth of giveaways at Airdrop ArcadeA $500 Community Art Competition.
A 50,000 Web3 Points giveaway.
As well as NFT drops, product revamps, and more.

More details about these campaigns will be shared on Bybit Web3’s official social media channels.

“Our vision extends beyond mere numbers; it embodies our promise to be the Crypto Ark, safeguarding user assets and seamlessly integrating them into the crypto world. We are dedicated to bridging the gap between Web2 and Web3, creating a decentralized ecosystem that is simpler, more open, and equal for everyone. As we look to the future, we are excited about the endless possibilities and are committed to achieving many more milestones together. Here’s to a future where everyone can participate in and benefit from the transformative power of blockchain technology.”

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 1 million wallet users, over 10 major ecosystem partners, and counting.

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 30 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit, please visit Bybit Web3.

About Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume with 30 million users. Established in 2018, it offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Photo – https://mma.prnewswire.com/media/2438618/Image.jpg
Photo – https://mma.prnewswire.com/media/2438571/Bybit_Web3_Celebrates_10_Million_Wallet_Milestones_Unveils_Giveaways_Worth.jpg
Logo – https://mma.prnewswire.com/media/2311075/Bybit_Web3_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/bybit-web3-celebrates-10-million-wallet-milestones-and-unveils-giveaways-worth-over-500-000-and-50-000-web3-points-302172844.html

Blockchain

Join us in our 10th-anniversary celebrations – special campaigns every week!

Published

20 hours ago

September 27, 2024

Peter Tolan

Join us in our 10th-anniversary celebrations – special campaigns every week!

bitFlyer Europe S.A. is launching 17 new crypto-assets over the next four weeks to celebrate 10 successful years of the bitFlyer Group. Each week we will launch a new crypto-assets campaign and each week you can win exciting prizes! Our first campaign started September 26, 2024 with the launch of Axie Infinity (AXS), Decentraland (MANA), Immutable (IMX), and The Sandbox (SAND)!

Here is our campaign calendar** for the next three weeks:

Week 2 (October 3, 2024: ApeCoin (APE), Chilliz (CHZ), Ripple (XRP), Palette Token (PLT).
Week 3 (October 10, 2024): Avalanche (AVAX), Mask Network (MASK), The Graph (GRT), Chainlink (LINK).
Week 4 (October 17, 2024): Flare (FLR), Symbol (XYM), Nem (XEM), Dogecoin (DOGE), and Shiba Inu (SHIB).

* Visit our 10th-anniversary site for more details. (https://bitflyer.com/en-eu/s/lp/10th-anniversary). Terms and conditions apply.

** The listing schedule is subject to change.

“These new crypto-assets not only allow customers to benefit from a more diverse environment for their investments but also gives them the opportunity to participate in cutting-edge web3 projects,” said Ms Ami Nagata, CEO of bitFlyer Europe.

“With a firm foundation in Japan and a strong regional presence in Luxembourg, bitFlyer serves a large loyal customer base that reflects its global reach. bitFlyer is truly glocal,” added Mr Yuzo Kano, founder and CEO of the bitFlyer Group.

How to Create an Account: If you are not already using our market

If you are not already using our market leading services, you can create an account and start your crypto journey with bitFlyer today. Visit our website or download the bitFlyer App on iOS and Android.

The post Join us in our 10th-anniversary celebrations – special campaigns every week! appeared first on HIPTHER Alerts.

Blockchain Press Releases

Crypto Derivatives Market Rebounds Amid Positive Sentiment, Bybit x Block Scholes Report Finds

Published

1 day ago

September 27, 2024

CISION (PR Newswire)

crypto-derivatives-market-rebounds-amid-positive-sentiment,-bybit-x-block-scholes-report-finds

DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Block Scholes, a renowned quantitative finance firm, has released its latest crypto derivatives analytics report. The report provides a comprehensive analysis of the crypto market’s response to the Federal Reserve’s recent rate cut and highlights key trends in futures, options, and perpetual contracts.

Following the 50 basis point rate cut on September 18, 2024, both spot and derivatives markets have exhibited positive sentiment. Bitcoin (BTC) and Ethereum (ETH) have seen price increases, while open interest in futures and perpetual swaps remains high. Funding rates have generally been positive, and BTC call open interest has gradually risen. Additionally, the volatility smile has expanded for both BTC and ETH calls, indicating increased investor optimism.

Key Findings from the Report:

Futures Market: While futures trade volumes have declined, open interest remains resilient, suggesting traders are maintaining their positions.
Perpetual Swaps: Perpetual swap open interest and trading volumes have remained relatively stable, indicating consistent trader activity.
Options Market: BTC options activity has favored puts over calls, but open interest for calls is slowly recovering. Implied volatility for short-tenor options has fallen since the Fed’s rate cut, indicating growing bullish sentiment.

Bybit remains committed to providing its users with comprehensive market analysis and tools to help them make informed trading decisions.

For more information and to download the full report, please visit: https://learn.bybit.com/crypto-insights/bybit-x-block-scholescrypto-derivatives-analytics-report-sep-25-2024/

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/crypto-derivatives-market-rebounds-amid-positive-sentiment-bybit-x-block-scholes-report-finds-302261056.html

Blockchain Press Releases

Pre-registration Open for Physical Bybit Card in Argentina

Published

1 day ago

September 27, 2024

CISION (PR Newswire)

pre-registration-open-for-physical-bybit-card-in-argentina

DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is excited to invite users in Argentina to unlock early-bird access to the physical Bybit Card. As part of its ongoing efforts to reach more retail consumers and investors, Bybit reaffirms its commitment to becoming the go-to crypto destination in South America’s second-largest economy by GDP.

Building on the resounding success of its virtual card launch in July, the issuer is seeking to benefit more users with the introduction of the physical, Bybit-branded Mastercard debit card. Eligible applicants will be among the first to get hold of the card before it becomes available to the general public in Argentina.

During the pre-registration period, the physical card will be issued free of charge for a limited time only. The new offer echoes the success of the virtual card, with over 75% of Bybit’s Argentinian users rushing to apply within the first two months. Users who have yet to sign up may apply for the virtual Bybit Card for a chance to enjoy 30,000 ARS in cashbacks for the first 100 USDT deposit.

“While consumers are no longer tied to traditional brick-and-mortar banks, we recognize many users’ preference for a physical card for the additional peace of mind. We are doing our best to meet the popular demands of our Argentinian community by offering better, faster, and more secure everyday solutions to help them off-ramp crypto assets, one step at a time,” said Joan Han, Sales and Marketing Director of Bybit.

The Bybit Card is available in select markets and has quickly become a preferred solution for users looking to safely expend their digital assets, including BTC, ETH, USDT, TON, and other tokens. It provides reliable and instant access to crypto, eliminating the hassle of complex on- and off-ramp processes. With just a swipe, Bybit Card holders can make payments and purchases at over 90 million merchants worldwide through the Mastercard network. The Bybit Card also comes loaded with benefits, regular and special rewards, with no annual fees or hidden charges.

Apply now to get ahead of the curve. Terms and conditions apply.

#Bybit / #TheCryptoArk

About Bybit

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Photo – https://mma.prnewswire.com/media/2517489/Pre_registration_Open_Physical_Bybit_Card_Argentina.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/pre-registration-open-for-physical-bybit-card-in-argentina-302261004.html

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