- Bybit has launched a new reward scheme to bring more value to EUR.
- Bybit’s EUR campaign is scheduled for a very short timeline with a May 11 ending.
Bybit, a global leading crypto exchange by volume has announced the EUR Zero Fees Fiesta as its latest campaign. Bybit aims to provide a suitable platform for crypto users to embrace the potential of the Euro (EUR).
Promise of the EUR Zero Fees Fiesta Campaign
The EUR Zero Fees Fiesta campaign comes with the promise of giving users zero deposit and zero trading fees in addition to exclusive rewards. Introduced on Monday, April 8, the campaign is expected to conclude on May 11 at 11:59 p.m. UTC.
As highlighted in a press release shared with Crypto News Flash, the zero-fee trading spree is available to all users. According to the details, users can take advantage of this opportunity by trading nine spot EUR pairs including the USDT/EUR, USDC/EUR, ADA/EUR, SOL/EUR, BTC/EUR, ETH/EUR, DOGE/EUR, XRP/EUR, and LTC/EUR.
On the other hand, the zero deposit fees feature from the campaign is only available to new users. Through this feature, Bybit will cover the deposit fees of new users who make a minimum deposit of 100 EUR. Eligible deposit methods outlined by Bybit include bank payments and the Single Euro Payments Area (SEPA) network.
In addition to the zero deposit and zero trading fees, the campaign offers a range of high-yield APY solutions as incentives to support the passive growth of users’ cryptocurrency. Established in 2018, Bybit has grown to become an exchange to be reckoned with owing to its customer incentivization schemes.
Despite regulatory hurdles that have led to the collapse of other popular firms, Bybit remains at the top as the world’s third-largest crypto trading platform, matching millions of orders every day and facilitating billions of dollars in trading volume.
Bybit’s EUR Zero Fees Fiesta campaign adds to an array of services that have recently been introduced by the platform. In February, Bybit launched Spot Grid 3.0, representing an upgrade to its popular Spot Grid Bot, as previously reported by Crypto News Flash. The upgrade introduces improved features tailored to elevate flexibility, control, and trading opportunities for users.
Euro Integration in the Crypto Space
Notably, Bybit’s EUR Zero Fees Fiesta campaign comes on the heels of Euro increasing traction in the crypto market.Â
In a recent development, MYKOBO, a key player in the crypto space, announced its support for Euro deposits and withdrawals using Circle’s euro-backed stablecoin, EURC, on the Stellar blockchain. Reflecting on Crypto News Flash’s prior findings, users can easily begin their EURC adventure with just a few clicks, guaranteeing a seamless and safe transaction experience.
This integration comes only shortly after the European Central Bank (ECB) allocated $1.3 billion to contractors who can enable offline payments for the digital Euro, per Crypto News Flash’s earlier announcement.
