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Cryptocurrency News Articles

Bybit Launches Gold Exclusive Trading Zone With $800,000 Prize Pool

May 07, 2025 at 05:36 pm

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the launch of its Gold Exclusive Trading Zone

Bybit Launches Gold Exclusive Trading Zone With $800,000 Prize Pool

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is launching its Gold Exclusive Trading Zone, offering users the chance to trade gold alongside crypto assets and compete for a share of an $800,000 prize pool.

This initiative marks the first time Bybit enables users to trade gold with USDT across multiple platforms in one seamless experience, showcasing the exchange’s commitment to pushing the boundaries of financial innovation.

The campaign follows a record-breaking surge in gold prices, highlighting the increasing interest in precious metals as a hedge against inflation and market volatility. It also reflects Bybit’s dedication to bridging traditional financial assets with digital innovation, providing users with an expanded range of investment opportunities.

From now through June 10, 2025, those interested can now trade traditional gold pairs like XAU/AUT+, XAU/EUR+, XAU/JPY+, and XAU/USD+ with USDT on Bybit Gold & FX. Additionally, users can trade XAUT on Spot or PAXG/XAUT on Derivatives. For those seeking yield opportunities, they can subscribe to XAUT Flexible Savings or invest in XAUT Dual Assets for more sophisticated strategies.

Participants who complete gold trading tasks will be eligible for an array of exclusive rewards, including luxurious gold rings, gold coins, and generous USDT airdrops. Each completed task grants users a lucky draw ticket, presenting more chances to win as their trading activity increases.

“This launch is a powerful step forward in our mission to integrate the best of traditional finance with the speed and accessibility of crypto,” said Shunyet Jan, Head of Derivatives Business and Institutional Sales at Bybit.

“Bybit’s Gold Exclusive Trading Zone gives users a seamless way to engage with gold, earn rewards and diversify their portfolios in one unified platform. We’re excited to see how our users respond to this unique initiative.”

The Gold Exclusive Trading Zone is open to eligible users who have completed Identity Verification Level 1 and reside in a supported jurisdiction. All prizes, including physical items, will be distributed in the equivalent USDT value through the Bybit Rewards Hub.

For full campaign details and terms, please visit Bybit’s official campaign page: https://bit.lycoresonance4gold.

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 rapidly changing the way people perceive openness in the decentralized world by creating a simpler, more 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. Widely recognized for its secure custody, diverse marketplaces, intuitive user experience and advanced blockchain tools, Bybit is a leading enabler in bridging the gap between TradFi and DeFi, ultimately empowering builders, creators and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

Disclaimer:info@kdj.com

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Other articles published on May 08, 2025