Bybit • Latest Activities
Tags: Spot
🌙 Calling all HODLers! Get ready for our latest HODL & Earn event. Simply hold your BTC to snag a share of the 220,000 BABY1 prize pool, or hold ETH for a share of 180,000 PAAL rewards. Join the Bybit crew and flex those diamond hands for some serious rewards! 🚀
📅 Event period: May 16, 2025, 12AM UTC – May 25, 2025, 11:59PM UTC
📝 Ready to earn? Simply register for the event to get started.
[Register Now]<CID:1921955685289955328>
✅ How it works
1. Hold BTC or ETH: Keep BTC or ETH in your Bybit account during the event.
2. Daily snapshots: We’ll take snapshots of your BTC and ETH balances at a random time each day.
3. Reward calculation: Your share of the BABY1 prize pool is based on your daily BTC holdings relative to the total BTC held by all participants. The same applies for PALL—based on your daily ETH holdings.
4. Reward distribution: All rewards will be distributed to your Unified Trading Account (UTA) within 7 days after the event ends.
📢 Stay tuned for the rewards dashboard! 📊 Once the event concludes, we will release a new announcement containing a link to your dashboard where you can check snapshots and your total rewards. Keep an eye out for this important update!
💡 Get BTC and ETH on Bybit
• Buy BTC and ETH directly from the Bybit Spot Market.
[Buy BTC]<https://www.bybit.com/trade/spot/BTC/USDT>
[Buy ETH]<https://www.bybit.com/trade/spot/ETH/USDT>
🔍 Explore market trends with Bybit Lens
[BTC Analysis]<https://www.bybit.com/en/tradegpt/lens/?token=BTC&projectId=1b013c06-15f8-4e6b-a248-ac8e60b3fc70>
[ETH Analysis]<https://www.bybit.com/en/tradegpt/lens/?token=ETH&projectId=f0b10940-c9ba-486e-a8de-272813ec0018>
❓FAQ
1. Where can I check my daily snapshot and estimated rewards?
All data will be available via a dashboard after the event ends. We’ll release the dashboard link separately.
2. How are my BTC and ETH holdings calculated?
We take random daily snapshots of your BTC and ETH holdings throughout the event. Register for the event and your holdings for will be considered for rewards. Please note that any holdings below 0.00001 BTC or 0.0001 ETH will not be included in the snapshots.
3. How are my rewards calculated?
Your rewards are calculated based on your daily BTC and ETH holdings throughout the event. For the 220,000 BABY1 prize pool, your share is determined by the proportion of your daily BTC holdings relative to the total BTC holdings of all participants. For the 180,000 PAAL prize pool, your share is based on the same calculation using ETH holdings. We record your proportion each day, add them up and distribute your total reward after the event ends.
4. When and where will I receive my rewards?
Rewards will be distributed within 7 days after the event ends and credited directly to your UTA.
Terms and Conditions
- Users must register for the event via the Register Now button to be eligible for rewards.
- Users must complete Identity Verification Lv. 1 to be eligible for this event.
- Institutional users are not eligible for this event.
- This event is not open to users from Hong Kong, Kazakhstan, Turkey and the EEA. The EEA includes the following countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Romania, Portugal, Slovakia, Slovenia, Spain and Sweden.
- Only BTC and ETH held in Main Account will be counted. Balances in Subaccounts will be counted under the Main Account for calculation purposes.
- BTC and ETH balances in your Funding, Unified Trading and Inverse Derivatives accounts will be captured daily at a random time during the event period.
- For your Funding Account, BTC and ETH staked in Launchpool, Flexible Savings and Fixed Savings will be automatically counted toward your account balance snapshots. However, BTC and ETH staked in other products on Bybit Earn (e.g. Dual Asset or Liquidity Mining) will not be included. BTC and ETH used as collateral in Crypto Loans will not be included in account balance snapshots, while loaned-out BTC and ETH will be counted.
- Please note that if your estimated reward is less than 1 BABY1 or 1 PAAL, it will not be eligible for distribution. Rewards will only be distributed if the amount is equal to or greater than 1 BABY1 or 1 PAAL.
- The daily snapshot times, BTC and ETH holding records, and estimated rewards will be available on the dashboard after the event ends.
- All accumulated rewards will be credited to your UTA in a single airdrop within 7 days after the event ends.
- All participating users must strictly abide by the Bybit Terms of Service. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent or harmful purposes.
- Bybit reserves the right to modify the terms of this event without notifying users in advance.
- Bybit reserves the right to the interpretation of this event. If you have any questions, please contact the Customer Support team.
Source: Bybit Official Announcement — originally published on Fri, 16 May 2025 03:34:11 GMT.
