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Major Benefits of the BitDAO (BIT) Holders Incentive Program

Jul 14, 2022Spot
Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

Get ready for the launch of BitDAO (BIT) Holders Incentive Program, with benefits galore for BIT holders.

We have not one, but multiple exclusive benefits waiting for you! Here's why you should join our BIT Holders Incentive Program:

1. Fast-Track Your Way to VIP Status

Simply hold a minimum of 50,000 BIT, fulfill the trading volume or maintain your total assets at $250,000 to enjoy exclusive VIP fees.

LevelDerivatives Maker Fee*Derivatives Taker Fee*Spot Maker FeeSpot Taker FeeBIT(s) Holding (Or)AUM(USD)30-Day Derivatives Trading Vol. (USD)**30-Day Spot Trading Vol. (USD)
Non-VIP0.01%0.06%0.10%0.10%N/A<0.25M<10M<1M
VIP 10.0060%

(enjoy Non-VIP holding benefits as well)
0.05%0.04%0.06%50,0000.25M - 0.5M10M (inclusive) - 25M1M (inclusive) - 3M
VIP 20.00%0.05%0.02%0.05%100,0000.5M - 1M25M (inclusive) - 50M3M (inclusive) - 6M
VIP 30.00%0.04%0.01%0.04%250,000>1M50M (inclusive) - 500M6M (inclusive) - 10M

2. Enjoy Exclusive Maker Fee Levels

Calling all Derivatives traders! From July 21, 2022, enjoy maker fee levels up to -0.0025%. Here's more information on how it works:

TierTotal Amount of BIT Held and/or StakedExclusive Maker Fee Levels (Override)
110,000 BIT0.00%
2100,000 BIT−0.0010%
3500,000 BIT−0.0015%
42,500,000 BIT−0.0020%
510,000,000 BIT−0.0025%

*Maker fee (override): BIT holders can unlock lower maker fees and maker rebates, which override the standard fee schedule.

*Only BIT held in the Spot Account, Derivatives Account (exclusive of open positions) and Earn Account, and/or staked on the Bybit Earn platform (exclusive of the Dual Asset) will be counted.

*A snapshot of your BIT holdings will take place at 11:59:59PM UTC daily. The total amount of BIT held and/or staked recorded at 11:59:59PM UTC today will be counted as your BIT holding for the next day.

*The volume of a maker order will be calculated in USDT, converted from the market price when the order is placed. The total maker rebate rate one user can enjoy is capped at −0.0075%.

*The exclusive maker fee level will be available on July 21, 2022, it will be applied to qualified users every day at 7AM UTC from July 21, 2022.

*The exclusive fee level will not be eligible for all MM accounts.

3. Skip the Queue for Launchpad Token Allocation

With the BIT Holders Incentive Program, you'll gain front row access to the hotest tokens on Bybit's Launchpad! Simply commit BIT and subscribe to token allocation.

4. Enjoy Up to 999% APY on Bybit Earn

Don't just HODL, stake your assets to gain yield with Bybit Earn. As part of our BIT Holders Incentive Program, all BIT holders can earn up to 999% APY with Liquidity Mining, Launchpool, Dual Asset, and Bybit Savings.

5. Gain Voting Priority With Byvotes

Want to have a say on your favorite listings? By holding BIT, you get to vote for your favorite tokens and receive airdrop rewards in return.

6. Gain Exclusive Perks With Bybit NFT Marketplace

Bybit NFT Marketplace is your one-stop destination for listing and trading NFTs, collectibles, GameFi, metaverse and more! As a BIT holder, you get exclusive offers and early access to Bybit NFT Marketplace‘s Mystery Boxes!

Start holding BIT and enjoy amazing perks today!

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