Nikolas Sargeant
Bybit, a leading cryptocurrency exchange, is pleased to announce the upcoming listing of POL on its Spot trading platform. The listing timeline is as follows:
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Deposit Opens: Starting from October 24, 2023, at 10:00 AM UTC
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Listing: On October 25, 2023, at 12:30 PM UTC
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Withdrawal Opens: Beginning on October 26, 2023, at 10:00 AM UTC
It's important to note that deposits and withdrawals for POL will be available via the Polygon network. POL will be made available for trading via Spot Grid Bots once it is officially listed.
Bybit is a cryptocurrency exchange that was founded in March 2018 and has gained recognition as a prominent player in the cryptocurrency trading space. The exchange is known for its focus on providing a user-friendly and efficient trading experience for both novice and experienced traders. Read more in our full ByBit review.
POL Listing Event with 80,000 POL in Prizes
To celebrate the listing of POL, Bybit has prepared a special event with a total prize pool of 80,000 POL.
Event Period: From October 25, 2023, to November 8, 2023, 23:59 UTC.
New Users Exclusive: 60,000 POL Up for Grabs
For new users, here's how you can participate and have a chance to win a share of 60,000 POL:
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Sign up on Bybit and complete Identity Verification.
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Accumulate a deposit volume of at least 100 USDT worth of POL; OR deposit a minimum of 100 USDT and buy any amount of POL via your first Spot trade with your Bybit account.
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The first 2,000 new users to successfully complete both of these steps will each receive 30 POL.
Existing Users Rewards: 20,000 POL Up for Grabs
For existing Bybit users who were registered before October 25, 2023, participation is open. Here's how you can earn your share of 20,000 POL:
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Accumulate a deposit volume of at least 100 USDT worth of POL during the event period; OR
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Deposit 100 USDT and buy at least 100 USDT worth of POL using your Bybit account.
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The first 1,000 existing users to successfully complete either of the above steps will each receive 20 POL.
This listing and event offer both new and existing Bybit users an opportunity to engage with the POL token and potentially win a share of the 80,000 POL prize pool.
POL Launchpad Event: Earn Part of 200,000 POL
Starting from 10:00 AM UTC on October 25, 2023, until 10:00 AM UTC on November 8, 2023, you have the chance to stake POL and secure a share of 200,000 POL tokens.
How It Works
Here's a breakdown of how the staking process on the Bybit Launchpool operates:
POL Pool (October 25, 2023, 10:00 AM UTC – November 8, 2023, 10:00 AM UTC)
Committed Token: POL
POL Pool Size: 200,000 POL
Minimum Staking Amount: 200 POL
Maximum Staking Amount: 10,000 POL
Calculating Your Daily Yield:
Your daily yield is determined based on the formula: (the amount of POL you stake / the total number of POL staked by all participants) × daily POL prize pool
It's important to note that your yield for each day begins to be calculated from the day (T+1) after you've staked your POL tokens. Subsequently, your yield will be automatically deposited into your Funding Account every day, starting from one day after the calculation period (T+2). Additionally, your yield will be refreshed daily at 12:00 AM (midnight) UTC.
