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New Listing: ZK/USDT — Grab a Share of the 196,000 ZK Prize Pool

Mar 18, 2024SpotSpot ListingsTrading BotsInstitutions
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.
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Bybit is excited to announce the listing of Polyhedra Network (ZK) on our Spot trading platform!

Listing Timeline

  • ZK Deposits: Opens on Mar 18, 2024, 10AM UTC
  • ZK Listing: Mar 19, 2024, 10AM UTC
  • ZK Withdrawals: Opens on Mar 20, 2024, 10AM UTC

Deposits and withdrawals will be available via:

  • Ethereum network
  • BNB Smart Chain

ZK will be available for trades via Spot Grid Bots when listed.

To celebrate, we've prepared three (3) special events with a total prize pool of 196,000 ZK just for you.

💰 Event 1: Token Splash/Deposit to Earn From a 100,000 ZK Prize Pool

🗓 Event Period: Mar 18, 2024, 10AM UTC – Apr 2, 2024, 9AM UTC

  • 1.1 New Users Exclusive: 50,000 ZK Up for Grabs

Before you get started, click the Register Now button below to register for the event and be eligible for rewards.

During the event period, simply:

  1. Sign up on Bybit and complete Identity Verification.
  2. Accumulate a deposit volume of at least 100 ZK; OR deposit 100 USDT and buy 100 USDT worth of ZK via your first Spot trade using your Bybit account.

The first 2,500 new users to complete both steps will each receive 20 ZK.

  • 1.2 Existing Users Rewards: 50,000 ZK Up for Grabs

Already a Bybit user before Mar 18, 2024, 10AM UTC? Don't worry, we still have rewards for you!

To earn 10 ZK, all you have to do is: Accumulate a deposit volume of at least 100 ZK; OR deposit at least 200 USDT and trade at least 200 USDT worth of ZK using your Bybit account.

Rewards will be distributed on a first-come, first-served basis to 5,000 existing users.

💰 Event 2: Trade to Earn From a 56,000 ZK Prize Pool

🗓 Event Period: Mar 19, 2024, 10AM UTC – Apr 2, 2024, 11:59PM UTC

During this period, simply trade at least 300 USDT worth of ZK on Spot to earn a share from the 56,000 ZK prize pool.

The more you trade, the larger your share of the prize pool.

Rewards will be capped at 1,000 ZK per user.

💰 Event 3: Stake to Earn Up to 999% APY With Bybit Savings (40,000 ZK Prize Pool)

🗓 Event Period: Mar 19, 2024, 10AM UTC – Apr 2, 2024, 11:59PM UTC

To celebrate, we've prepared a Bybit Savings event with a total prize pool of 40,000 ZK just for you, with an APY of up to 999%.

Here's how it works:

Day 1: Stake up to a maximum of 200 ZK with Flexible Savings.

Day 2: Start earning interest!

Day 3: The yield earned from the previous day will be automatically deposited to your Funding Account — and will continue to be deposited daily until the last day of the event, as long as your tokens are still staked.

Don't worry, you'll be able to unstake your assets at any time.

For more information about Flexible Savings, please visit our Help Center article.

About Polyhedra Network (ZK)

Polyhedra Network designs and develops scalable and efficient zero-knowledge proof protocols for large-scale ZKP systems with distributed computing networks. It is the is the largest interoperability protocol in the Bitcoin ecosystem, and the inventor of the zkBridge protocol.

  • Asset Name: Polyhedra Network
  • Ticker: ZK

Learn more about ZK here: Website | Whitepaper | X (formerly Twitter) | Discord

Thinking of upsizing your bag? Here's how you can top up your USDT balance:

  1. Buy USDT on One-Click Buy
  2. Make a Fiat Deposit
  3. Purchase USDT through P2P
  4. Deposit USDT directly into your wallet

Risk warning: Cryptocurrency trading involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary. Bybit does not accept any liability or responsibility for any losses resulting from trading on our platform.

Terms and Conditions:

Event 1

  • Users must click the Register Now button on the event page to participate in the event and be eligible for rewards.
  • Users must complete Identity Verification Lv. 1 before the event ends to participate in the event.
  • Institutional users and Market Makers are not eligible for this event.
  • Only deposits and trades made within the event period will be considered in the reward calculation.
  • Users will still be eligible for the event even if they withdraw ZK during the event.
  • Deposits made using a Subaccount will not be counted toward this event.
  • Deposits made via P2P Trading, One-Click Buy and on-chain transfers will be counted toward this event.
  • Rewards will be credited to eligible users' Funding Account, Spot Account, or Unified Trading Account within 10 days after the event ends.

Event 2

  • Institutional users and Market Makers are not eligible for this event.
  • Only Spot trades of ZK will be counted as eligible trading volume for this event. The accumulated trading volume is the total amount of ZK you buy and sell on Spot within the event period.
  • Only trades made within the event period will be considered in the reward calculation.
  • Trades made using a Subaccount or Trading Bots will be counted toward this event.
  • Users must complete Identity Verification Lv. 1 before the event ends to participate in the event.
  • Rewards will be credited to eligible users' Funding Account, Spot Account, or Unified Trading Account within 10 days after the event ends.

Event 3

  • Users must complete Identity Verification Lv. 1 to participate in Bybit Savings. Business Identity Verification is not accepted.
  • Daily yield is calculated as the number of tokens staked * (APR for the staked token / 365).
  • Users can unstake their assets at any time and their staked assets will be auto-credited to their Funding Account immediately. Please note that no yield will be calculated on the day of withdrawal.
  • Bybit Savings does not support Subaccounts.

General

  • 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 of final interpretation of this event. If you have any questions, please contact our Customer Support.

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