Bybit Launchpad

Bybit is a popular crypto exchange for spot and derivatives trading with over 20M registered users worldwide. It was founded in 2018 in Singapore, and now Bybit headquarters is in Dubai, UAE. Bybit provides a wide range of trading features, such as copy trading, P2P trading, algorithmic trading, and AI trading. Bybit is celebrating its 5-year anniversary and hosting a trading competition with various rewards and a significant prize pool.

Recently, Bybit Launchpad released a new version - Launchpad 3.1, introducing new features and benefits. To participate in Bybit IDO, users can either commit MNT tokens and participate in subscription allocation or USDT tokens for lottery allocation. The full details about Launchpad 3.1 updates and the participation rules can be found here. Also, keep in mind that traders should have to go through KYC level 1 or business verification and check the list of restricted countries that aren’t allowed to participate in Bybit IEO.

Besides Launchpad, Bybit offers plenty of other ways for users to invest in early-stage projects or earn free tokens and other perks: 

• Bybit ByStarter - the token sale platform for early projects, but it doesn’t guarantee token listing. This platform helps crypto ventures raise additional funds after the project has already completed IEO. The participation requirements are distinguished from the launchpad, check them out here. 
• ByVotes - allows users to get free tokens by voting for their favorite project that is going to be listed on Bybit (spot or derivatives), between 2-6 candidates carefully selected by the Bybit team. Traders who voted for the winner will receive rewards, usually after 4 hours after voting is completed. Here is the announcement in the company’s blog about the most recent ByVotes event.
• Token Splash gives an opportunity for users to get rewards in newly listed tokens by fulfilling various tasks. Check out how to participate in this event in the FAQ section.

Moreover, in Bybit Rewards Hub, users can get rewarded for fulfilling tasks or participating in campaigns and company promotions. Exclusive benefits may vary depending on the campaign and may include bonuses, airdrops, fee discounts, and others. More detailed information can be found here.