Bybit marks its fifth year since launching with a series of exciting events for traders and users, including NFT collections and a team-based trading competition.
Cryptocurrency exchange Bybit is celebrating a significant milestone as it commemorates its fifth anniversary. Since its launch in 2018, Bybit has grown into the third-largest crypto exchange by trading volume. Based in Dubai, UAE, the crypto exchange has established a strong presence in the global market, offering over 939 crypto assets to over 20 million users.
As Bybit marks its fifth year since launching, it has planned a series of exciting events for traders and users. The anniversary celebrations aim to empower and reward the platform's loyal community while showcasing Bybit's achievements over the years.
Ben Zhou, co-founder and CEO of Bybit, said:
“This event recognizes that each participant brings a unique psychological footprint to the market. Our NFT collection is a nod to the personal journeys that intersect as people join Bybit’s Crypto Ark.”
#High5Bybit Personality Test
To kickstart the event on Nov. 27, Bybit users have the opportunity to explore their trading personalities through a unique and insightful test. The personality test recognizes the importance of individual trading styles and celebrates the diverse tactics and strategies within the crypto community.
The trading personality test presents users with a comprehensive analysis of their trading approach. The test encompasses a total of 16 distinct personalities, ranging from the Conservatist ISTJ to the Commander ENTJ. Each personality type represents a different set of traits and characteristics that influence one's trading decisions and style.
Upon completion, users will receive a detailed analysis of their trading personality. The analysis will provide valuable insights into their individual attributes, strengths, weaknesses and tendencies when it comes to navigating the crypto markets.
The test results will also offer personalized recommendations, suggesting specific trading products and strategies that best suit their trading style. This aims to empower users with the knowledge and tools to make informed trading decisions that align with their unique personality traits.
Bybit’s First NFT Collection: Archetypes – The #High5Bybit Collection
As part of the celebrations, the exchange is launching its first NFT collection: Origin Archetype, consisting of four distinct collections: Trading Team, Origin Archetype Mix, Hero Archetype Mix, and Legend Archetype Mix. These NFTs offer users a unique opportunity to showcase their trading personalities and own and trade these unique digital collectibles on Bybit's NFT marketplace.
The Origin Archetype NFT collection features a total of 16 captivating designs, each representing a different trading personality type. With a limited supply of 10,000 NFTs per personality type in the Trading Team collection, users who completed the personality test will be able to claim on a first-come first-serve basis.
What makes the collection even more intriguing is the ability to merge Origin Archetype NFTs. By combining NFTs from the Trading Team collection with the Origin Archetype Mix collection, users can create Hero Archetype NFTs, distinguished by their shiny silver appearance. Further merging of Hero Archetype NFTs leads to the creation of Legend Archetype NFTs, which are in gold. A snapshot will be taken on December 25, where holders of Legend Archetype NFTs will have the chance to become eligible for a prize pool of 10,000 USDT.
Archetypes Trading Competition With $1 Million USDT Prize Pool
Capping off Bybit's fifth anniversary event, the exchange is hosting an exciting trading competition that will run from Dec. 4 to Dec. 25, 2023. This competition brings together traders into teams to showcase their skills and compete for attractive rewards.
The trading competition is organized into 16 teams, each representing a specific trading personality archetype. Participants will be assigned to teams based on their trading personality type.
Teams will be ranked based on the aggregate trading volume generated by their top 1,000 participants. The top 10 members and top 1000 members within the Top 10 teams will share in the rewards from a prize pool proportional to the total trading volume generated, with a maximum of $800,000 up for grabs.
Additionally, individual traders will have the opportunity to shine, allowing traders to be rewarded for their dedication and success. The top 100 individual traders, determined by their total trading volume, will receive up to $200,000 in rewards, based on the trading volume generated.