Grab Your Chance to Win from Bybit’s 30,000,000 COMMON Prize Pool!
This article provides an easy-to-read summary and insights based on the latest Bybit announcement.
Bybit is thrilled to announce an exciting opportunity for its users to win a share of a whopping 30,000,000 COMMON prize pool. All you need to do is hold MNT, COMMON, and BBSOL in your Bybit account during the event. This HODL event begins on Nov 12 at 10 AM UTC and will last until Nov 18, 23:59 PM UTC.
Participation Guidelines
So, you’re interested in joining? Follow the steps mentioned below:
- Hold MNT, COMMON, and BBSOL: Ensure you have these digital assets in your Bybit account during the event.
- Daily snapshots: Bybit will take a random daily snapshot of your MNT, COMMON, and BBSOL balances.
- Reward Calculation: Your share from the 15,000,000 COMMON prize pool will be determined by the proportion of your daily MNT holdings relative to the total MNT holdings of all participants. Similarly, your share from the 6,000,000 and 9,000,000 COMMON prize pools will be calculated based on your BBSOL and COMMON holdings, respectively.
- Reward Distribution: All rewards will be distributed to your Unified Trading Account (UTA) within 7 days after the event ends.
To join, just click on the Register Now button.
If you want to obtain MNT, COMMON, and BBSOL:
- Buy them directly from the Bybit Spot Market
- Convert them using our USD fiat deposit feature via SWIFT
- Deposit them into your Bybit account
Insights
The HODL event is a great opportunity for Bybit users to leverage their digital asset holdings and earn a share of a substantial prize pool. By simply holding MNT, COMMON, and BBSOL in your account, you can win a share in 30,000,000 COMMON! This is an excellent chance to maximize your earnings from these assets, especially if you already hold them. The event also encourages new users to explore these digital assets and potentially gain substantial rewards.
However, as always, it’s crucial to remember that while the rewards can be significant, so too can the risks. Be sure to do your own research and understand the market dynamics of each token before making any purchase decision.
Additional Information
For further details about MNT, COMMON, and BBSOL market trends, you can utilize Bybit Lens:
- MNT: Bybit Lens – MNT
- COMMON: Bybit Lens – COMMON
- BBSOL: Bybit Lens – BBSOL
Please note that to participate in this event, you must complete Identity Verification Lv. 1. Unfortunately, institutions and users from certain restricted countries and regions are not eligible to participate in this event. Also, this event is not available to users residing in the European Economic Area (EEA), Hong Kong, Turkey, or Kazakhstan.
Your MNT, COMMON, and BBSOL holdings in the Main Account will be counted, but holdings in the Subaccount will not be. For your Funding Account, MNT, COMMON, and BBSOL staked in Launchpool, Flexible Savings, and Fixed Savings, and MNT Discount Buy will be counted toward your account balance snapshots. However, MNT, COMMON, and BBSOL staked in other products on Bybit Earn or used as collateral in Crypto Loans will not be counted.
Finally, please remember that Bybit reserves the right to modify the terms of this event without notifying users in advance, and also holds the right to disqualify any participants who engage in dishonest or abusive activities during the event.
For any queries, feel free to contact our Customer Support.
