Nikolas Sargeant
Bybit, a leading cryptocurrency exchange, has announced the listing of Root Network (ROOT) on its Spot trading platform, marking a significant addition to the platform's diverse range of digital assets.
Bybit is a leading cryptocurrency exchange that offers a user-friendly and innovative trading platform. With a commitment to providing a seamless trading experience, Bybit continues to expand its list of supported digital assets, catering to the evolving needs of the global crypto community. Read more in our full ByBit review.
Listing Timeline:
- ROOT Deposits: Opens on Nov 20, 2023, 10 AM UTC
- ROOT Listing: Nov 21, 2023, 10 AM UTC
- ROOT Withdrawals: Opens on Nov 22, 2023, 10 AM UTC
Deposits and withdrawals for ROOT will be facilitated through the Ethereum network.
Upon listing, ROOT will be tradable via Spot Grid Bots, providing users with enhanced trading options and flexibility.
Special Events and Prize Pools
To celebrate the listing of ROOT, Bybit has prepared two special events with a total prize pool of 185,000 USDT, providing users with exciting opportunities to earn rewards.
Event 1: Token Splash/Deposit to Earn (Nov 21, 2023 - Dec 3, 2023):
New Users Exclusive (Event 1.1): Sign up on Bybit, complete Identity Verification, and accumulate a deposit volume of at least 100 USDT worth of ROOT, or deposit 100 USDT and make any amount of ROOT purchase in your first trade to receive a share of the 100,000 USDT prize pool.
Existing User Rewards (Event 1.2): Already a Bybit user before Nov 21, 2023, 10 AM UTC? Accumulate a deposit volume of at least 100 USDT worth of ROOT, or deposit 100 USDT and buy any amount of ROOT to be eligible for a share of the 20,000 USDT prize pool.
Event 2: Trade to Earn (Nov 21, 2023 - Dec 3, 2023):
Simply trade the ROOT/USDT pair and accumulate a Spot trading volume worth at least 200 USDT during the event period to grab a share of the 65,000 USDT prize pool. Rankings will be determined by trading volume, with higher ranks earning greater rewards.
In addition to the trading events, users can maximize their trading volume by creating a Spot grid bot.
To participate in these events and stand a chance to win exciting prizes, users are encouraged to register now and deposit ROOT tokens on the Bybit platform.
Bybit continues to provide users with a seamless and rewarding trading experience, ensuring that the introduction of ROOT contributes to the platform's commitment to diversity and innovation.
For users looking to top up their USDT balance, various options such as One-Click Buy, Fiat Deposit, and P2P transactions are available.
