Bybit celebrates listing of Arbitrum (ARB) token with $400K prize pool
“At Bybit, we recognize our responsibility to provide forward-thinking opportunities for our users and lead the way in supporting the proliferation of cryptocurrency and blockchain technology.”
Bybit has listed the Arbitrum (ARB) token on its trading venue, the world’s third most visited crypto exchange, allowing users to deposit ARB and trade newly created ARB spot pairs, perpetual contracts, and trading bot pairs.
To celebrate the feat, Bybit is launching a series of campaigns that offers ARB traders a chance to win part of its massive $400K prize pool.
Designed to boost Ethereum’s speed and scalability while adding additional privacy features, Arbitrum is a leading player in Ethereum’s layer 2 scaling landscape. The much-anticipated release of ARB includes “airdropping” 12.75% of the entire supply to the chain’s early users.
Gifts of 25 USDT + 0.5 GMX + Lucky draw + $20K prize pool for spot grid bots
Ben Zhou co-founder and CEO of Bybit, said: “At Bybit, we recognize our responsibility to provide forward-thinking opportunities for our users and lead the way in supporting the proliferation of cryptocurrency and blockchain technology. I am delighted to see that we are offering an ARB token listing, which promises unique rewards for those who make use of it. We are eager to see how our users leverage this powerful new asset and await their feedback with enthusiasm.”
Bybit users who deposit 250 ARB will receive a gift of 25 USDT, and new users who have used the Arbitrum-native trading platform GMX, can claim a further 0.5 GMX with a deposit of 500 ARB.
Additionally, Bybit’s official Twitter account will be giving away GMX and USDT in a lucky draw to 400 users who like or retweet its tweets, or follow the official Twitter account.
As part of the ARB celebration, users who trade ARB via Bybit’s spot grid bots will share in a $20K prize pool. Another launchpool campaign for ARB subscribers will unlock a total of $150K in rewards. In addition, a high APY ARB fixed-term product is available via Bybit Earn, allowing traders to earn even more rewards from their investments.
