Bybit – Bored Ape Yacht Club Nft Giveaway

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Entry Requirements:
This campaign requires participants to have at least 10 USDT in their Derivatives Wallet to participate. 

Registration Period:
Nov. 12, 2021, 10AM UTC – Dec. 1, 2021, 10AM UTC

Event Period:
Nov. 19, 2021, 10AM UTC – Dec. 3, 2021, 10AM UTC

Promotion A: Trade Spot to Win From 75% of the Prize Pool

– Users are simply required to make one (1) Spot trade between Nov. 19, 2021, 10AM UTC – Dec. 3, 2021, 10AM UTC to win an equal share from 75% of the prize pool.

– Users can invite more friends to take part to increase the prize pool. 

– Users can take part in both Promotion A and Promotion B.

– 3 Users will be selected at random to win the following Mutant Ape Yacht Club NFTs. 

bored ape trade


Promotion B: Trade USDT Contracts to Win From 25% of the Prize Pool

– Users who trade USDT Perpetual Contracts between Nov. 19, 2021, 10AM UTC – Dec. 3, 2021, 10AM UTC can stand to win an equal share from the remaining 25% of the prize pool. 

– Users can take part in both Promotion A and Promotion B.

– Only the Top 100 in P&L(%) will win from the remaining 25% of the prize pool.

– The Top in P&L(%) will also win a Bored Ape Yacht Club NFT worth $200,000. Additionally, two (2) random users from the pool of eligible participants will win a Mutant Ape NFT each. 

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BONUS!

– For every 100,000 worth of USDT Perpetual trading volume traded by a user, an extra 20 USDT will be awarded (capped at 200 USDT per participant). 

*Rewards will be distributed within seven (7) working days from the event’s end date. 

P&L(%) Calculation Formula
P&L(%)= Profit / (Inital Equity + Total Deposits) *100%

Profit = [Account Final Equity (incl. unrealized P&L and/or bonus) – Account Initial Equity (incl. unrealized P&L and/or bonus) + Withdrawal amount during the competition – Deposit amount during the competition]

Deposits = Accumulated deposits (incl. transfers, awarded bonus, commissions, asset exchange) during the competition period

Withdrawals = Accumulated withdrawals (incl. any withdrawals and asset exchange) during the competition period

Terms and Conditions
1. Bybit reserves the right to disqualify a user if he/she engages in any inappropriate, dishonest or abusive activities (such as wash trading, volume faking, participating using multiple accounts, market manipulation, etc) during the event.
2. Bybit reserves the right of final interpretation of the Terms and Conditions. If you have any questions, please contact our customer support team. 
3. The final results will be shown on the main page once confirmed. All rankings are not final until confirmed by a result announcement displayed on every participant’s ranking page. 
4. Ranking 0 on the Prize Pool shown below refers to 75% of the prize pool, which will be split equally amongst all users who made a Spot trade during this event. 

Prize Pool

Ranking /Participants1 -10,00110,001 -20,00020,001 -30,00030,001 -40,00040,001 -50,00050,001+
050,000110,000240,000390,000560,000750,000
1-1002505001,0001,5002,0002,500
Participants1-10,00110,001-20,00020,001-30,00030,001-40,00040,001-50,00050,001+
Prize Pool(USDT)75,000160,000340,000540,000760,0001,000,000