{"id":11818,"date":"2021-08-31T09:05:29","date_gmt":"2021-08-31T06:05:29","guid":{"rendered":"https:\/\/esatoshi.club\/?p=11818"},"modified":"2021-08-31T09:05:32","modified_gmt":"2021-08-31T06:05:32","slug":"bybit-x-satoshi-club-ama-recap-from-30th-of-august","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/08\/31\/bybit-x-satoshi-club-ama-recap-from-30th-of-august\/","title":{"rendered":"BYBIT x Satoshi Club AMA Recap from 30th of August"},"content":{"rendered":"\n

Welcome to another episode of our AMA\nseries. Today we are glad to tell you about the AMA session with our friends\nfrom Bybit<\/a>, a cryptocurrency\nspot and derivatives exchange offering inverse, linear perpetual, quarterly\nfutures contracts with up to 100x leverage. The\nAMA took place on August 30 and our guests were @ConorWithOneN and\n@nanadze (community managers).<\/p>\n\n\n\n

The total reward pool was 500$ and was\ndivided into three parts. In this AMA Recap we will try to summarize some of\nthe most interesting points for you.<\/p>\n\n\n\n

\n\n\n\n

PART 1, INTRODUCTION AND COMMUNITY\nQUESTIONS<\/strong><\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Hello\nSatoshi Club! We are happy to announce our AMA session with Bybit! Welcome to\nSatoshi Club.<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>today\nour guests – @ConorWithOneN and @nanadze! happy to have you here guys!<\/p>\n\n\n\n

Conor: <\/strong>Thanks for\nhaving us!<\/p>\n\n\n\n

Nazar: <\/strong>Hello\neveryone! We are happy to join you here today.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>And\nwe are happy to see you here today! So, let’s start our AMA. Could you please\nintroduce yourself and tell us more about Bybit?<\/p>\n\n\n\n

Nazar: <\/strong>Sure! Myself and Conor are community managers at Bybit Global (https:\/\/t.me\/BybitEnglish)<\/p>\n\n\n\n

Bybit is a crypto derivatives and spot exchange founded in\n2018 which allows trading up to 100x leverage. We have built the most reliable\ncrypto trading platform that is always online, even during significant price\nmovements on the market. Crypto is never down, neither is Bybit. And >1.6\nmillion traders trade with us globally!<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Wow!\nIt’s a huge number! Can you tell us how many new users come during 2021? It is\nalways interesting to imagine the scale of what is happening during bull run.<\/p>\n\n\n\n

Nazar: <\/strong>I cannot\ntell exact number for the platform but our community on Global telegram has\nalmost +10k members this year.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Did\nthis bull run changed something in Bybit strategy? In your goals?<\/p>\n\n\n\n

Nazar: <\/strong>We have\nlaunched Spot exchange. Probably that is the biggest change. <\/p>\n\n\n\n

The main focus we had and have is user experience. And we\ntry to provide best services in the industry in trading, customer and community\nsupport.<\/p>\n\n\n\n

Q1 from Telegram\nuser   @Asela1112<\/strong><\/p>\n\n\n\n

BYBIT have no native\ncurrencies as I noticed. Most of Exchanges use native tokens with lot of\nusecases in order to protect their investors, users & give them more\nbenefits. What is the reason for not adding a native token in to BYBIT\nplatform? What are the benefits of being without a native currency? Won\u2019t there\nbe any reward for BYBIT users such as redistribution a portion of Transaction\nfee? So what are the benefits, you offer me for Using BYBIT exchange rather\nthan the other Exchanges? Didn\u2019t BYBIT community push you towards the idea of\ngenerating an own token yourself within BYBIT ecosystem?<\/em><\/p>\n\n\n\n

Nazar: <\/strong>Yes, we do\nnot have a Bybit token but we provide support to the crypto community and our\ntraders in a different way and give back to those who trade with us.<\/p>\n\n\n\n

1. Market Makers do not pay but earn (0.025% rebate) on\nevery order with Limit Orders. That makes Bybit perfect for all kinds of\ntraders, especially scalpers. In contrast to our competitors who charge fees\nfor Market Maker and Takers orders. Here can be found more details.<\/p>\n\n\n\n

 (https:\/\/go.bybit.com\/e\/iYHa7WShgib<\/a>)\n<\/p>\n\n\n\n

2. Bybit is committed to supporting decentralization and the\ncrypto community in general. We have pledged to contribute 2.5bps of futures\ntrading volume to BitDAO’s treasury. To read more and learn please check these\nlinks:<\/p>\n\n\n\n

https:\/\/docs.bitdao.io\/partners\/bybit-pledge<\/a><\/p>\n\n\n\n

https:\/\/blog.bybit.com\/en-us\/daily-bits\/this-is-the-dao\/<\/a><\/p>\n\n\n\n

This is a bit different approach what other exchanges do and\nwe believe this will bring a lot of value for the whole crypto community not\nonly to token holders.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>So,\nyou don’t have native token or don’t have yet? Are there any plans in this\ndirection?<\/p>\n\n\n\n

Nazar: <\/strong>No plans\nfor native token.<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>that’s\na bit unusual nowadays, every single exchange aims to make their own token.<\/p>\n\n\n\n

Nazar: <\/strong>Yes, it\u2019s\ndifferent from what other do.<\/p>\n\n\n\n

Q2 from Telegram user\n@Higher<\/strong><\/p>\n\n\n\n

You recently announced\nthe commencement of The World Series of Trading (WSOT 2021). I learnt that WSOT\nis a trading exhibition where traders can partake by putting their trading\ndexterity into play with an opportunity to earn a share from the 7.5 Million\nUSDT pool, NFTs and much more. Can you tell me how to win from these trading\nseries? Is the event for your old users or can new users register and\nparticipate? What is the difference between the Troop and Solo competition, and\ncan a user join both? What are the minimum equity requirements that users must\nmeet and how will reward be shared?<\/em><\/p>\n\n\n\n

Conor:<\/strong> Yes, this\nis the big one! WSOT is the largest competition that Bybit does every year.\nTraders put their skills to the test and as rewards there is the 7.5million\nUSDT Prize Pool as you mentioned! We’re also giving away over 1,000 NFTs this\nyear and they look great. <\/p>\n\n\n\n

WSOT is open to all of our traders, old and new. There are\nsome criteria to meet which I will explain in a moment. Entrants can\nparticipate in both the Solo Showdown and the Troop Throwdown, there is no need\nto only pick one. \ud83d\ude42 The general idea is that the higher P&L (%) that\ntraders get, the higher their rank will be and the bigger prize they can win.<\/p>\n\n\n\n

So we have the Solo Showdown, this is like a single player\ncompetition. To enter, traders need a minimum of 300 USDT, (or 80 EOS or 500\nXRP) upon registration. For this competition, participants can trade USDT perpetual,\nEOS inverse perpetual or XRP inverse perpetual. The prize pool for this section\nis 1,500,000 USDT.<\/p>\n\n\n\n

Then there is the Troop Throwdown, where traders create a\ntroop with their friends! Each Troop has a leader and must have at least 10\nmembers, and the Troop with the best P&L % will be the victors. For this,\nBTC & ETH inverse contracts are traded, and the prize pool is a massive 6,000,000\nUSDT. You can learn all about WSOT here, and if you want you can register any\ntime up until September 4th!<\/p>\n\n\n\n

https:\/\/www.bybit.com\/en-US\/wsot2021\/<\/a><\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Do\nparticipants have to be KYCed?<\/p>\n\n\n\n

Conor: <\/strong>Nope, KYC\nis only necessary for those withdrawing over 2BTC daily.<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>cool!\nCan you share with us what kind of NFTs you will reward winners? this is your\nown NFT or made with collaboration with some famous artists?<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Conor: <\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n

NFTs follow the theme of WSOT, which are Dragons and Cities,\nand there are also special Winners’ Cups NFT which are unsurprisingly the rarest.\nHere are some of the NFTs you can collect!<\/p>\n\n\n\n

The rewards calculations require a bit of reading, you can\nfind them all on this page: https:\/\/www.bybit.com\/en-US\/wsot2021\/<\/a>\n<\/p>\n\n\n\n

Q3 from Telegram user\n@Jmagsss<\/strong><\/p>\n\n\n\n

Recently, Binance had\nimposed a new rule about their KYC protocol and requirements. The crypto\nexchange now requires all its users, new or old, to comply with their KYC\nrequirement in order to trade any asset in any form (spot, margin and futures)\nand to use its products and services. I have learned that Bybit only require a\nuser to register a KYC if that user wishes to withdraw more than 2 BTC a day.\nNonetheless, KYC in Bybit is optional. A lot of user\/traders are against KYC\u2019s\nbecause of trust issues and personal risks, so may I ask, will Bybit maintain\nits KYC rule for its users? In the future, will you also do what Binance have\ndone, requiring all users to fully comply for a KYC registration? How would you\nconvince your users that KYC is not a threat to their funds and personal\ninformation?<\/em><\/p>\n\n\n\n

Nazar: <\/strong>We value\nthe privacy of our traders and KYC is not necessary for traders who withdraw\nless than 2BTC daily. This KYC requirement was introduced recently with the\nspot exchange launch. There are no plans to change KYC rules in the future. <\/p>\n\n\n\n

But we cannot promise that it will stay so forever as crypto\nmoves fast and we have to act fast as well. <\/p>\n\n\n\n

As for security and users\u2019 private data, we take it very\nseriously and utilise best practices and tools in the industry to protect all\nthe data associated with our traders.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Yes,\nwe understand that no one can guarantee btw I have a question.<\/p>\n\n\n\n

As I know from another exchanges if I lost my 2fa I can get\nmy acc back only if I am fully KYCed there. What about Bybit?<\/p>\n\n\n\n

Nazar: <\/strong>Yes, you\ncan get your account back. We have dedicated help center article: https:\/\/help.bybit.com\/hc\/en-us\/articles\/900005776423-Losing-your-Bybit-Account-s-Google-Authenticator-GA-2FA<\/a><\/p>\n\n\n\n

Q4 from Telegram user\n@DK177<\/strong><\/p>\n\n\n\n

When checking your\nspot markets, I noticed that you support only six trading pairs, four USDT\npairs, BTC\/USDT, ETH\/USDT, XRP\/USDT, EOS\/USDT, and two BTC pairs, ETH\/BTC,\nXRP\/BTC. As I spot trader with a low risk appetite, I wonder why should I join\nBYBIT exchange! Why did you limit your spot markets to six pairs? Please let us\nknow why you have included EOS which is at the 31st rank in the CoinMarketCap,\nneglecting coins with higher ranks. Are you going to expand spot markets in the\nfuture? What are the advantages that a SPOT trader get by choosing you over\nother exchanges?<\/em><\/p>\n\n\n\n

Conor: <\/strong>So the\nspot market is a very recent addition to Bybit, and as such, it’s continuously\nbeing rolled out as we speak! While these pairs were the first ones that we\nlisted, you can rest assured knowing that there’s plenty more in the pipeline!\nWe have some really exciting listings coming up, and we believe that traders\nwill be really happy with the upcoming pairs. <\/p>\n\n\n\n

By choosing to trade spot on Bybit, you’re safe in the\nknowledge that your trades will always be executed. Bybit’s liquidity is\ntop-notch and as crypto never stops, neither do we! The exchange can handle the\nweight of as many traders that are online at any given time. There’s no fear of\nit stalling even when price volatility is at its highest. <\/p>\n\n\n\n

On top of that, the fees are great! We charge ZERO maker fee\nand only 0.10% taker fee for spot, so you can’t get much more competitive than\nthat!<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Here’s a comparison between Bybit’s spot fees and some other\ntop exchanges.<\/p>\n\n\n\n

D. | Satoshi Club:<\/strong>\nand as I see in stable assets you prefer USDT to USDC. why?<\/p>\n\n\n\n

Conor: <\/strong>Of course,\nUSDT is the most popular stablecoin so we want to give people what they want,\nof course we’re also willing to provide other options if there is enough\ninterest.<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>can\nyour community vote for future listings on Bybit somehow?<\/p>\n\n\n\n

Nazar: <\/strong>Yes, we did few polls before to check what coins our traders\nare interested the most. Probably we will continue with such practice.<\/p>\n\n\n\n

Q5 from Telegram user\n@Jonahapagu<\/strong><\/p>\n\n\n\n

Bybit boasts of 99.99%\nSystem Functionality and availability even through volatile market periods\nwhich is very impressive. but I discovered that before now, Bybit has\nexperienced about more than four disruptions on the platform. one in December\n24 2019 due to abnormalities in your AWS Servers, another in March 12 2020 due\nto malfunction of one of your servers, on June 17 2020 there were abnormalities\nin your inverse perpetual trading platform due to strain in some of our Message\nQueue Clusters servers. and just this year, there were about two disruptions on\nBybit, one on the 29th of April which was due to a decentralized denial of\nservice (dDoS) attack on your platform which caused temporary service disruption.\nand the other on June 22 2021 due to temporary glitch with our CDN vendor\u2026 Did\nany of these disruptions cause any serious impact on your platform or the funds\nof users? and how does Bybit respond to this kind of issues to be able to\nmaintain 99.9% system availability and functionality, what improvements do you\nhave on your platform to hinder the reoccurrence of most of these disruption\nissues.<\/em><\/p>\n\n\n\n

Nazar: <\/strong>Thank you\nfor your question. Yes, you are correct we faced a few short-term disruptions\nand we take them very seriously. Most of them were caused by 3rd-parties who\nprovide servers, hosts services, etc. Even though that these disruptions were\nnot on Bybit\u2019s end, we have fully compensated our traders who faced trading\nloss because of these disruptions. We treat every trade fairly at Bybit. Should\nprice gyrations cause your position to be unfairly closed, Bybit will\ncompensate you back to the fair market price. So, traders can rest assured that\ntheir funds and trades are safe with us. <\/p>\n\n\n\n

Moreover, we communicate every single incident with our\ncommunity publicly as we believe transparency can build real trust and\nconfidence. You can scroll over our announcement channel and check all relevant\nreports we sent to our community https:\/\/t.me\/Bybit_Announcement<\/a>.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>I\nam sure your community appreciate such communication!<\/p>\n\n\n\n

Do you still work with that third party services or changed\nthem?<\/p>\n\n\n\n

Nazar: <\/strong>We\nreviewed them and make backups and other necessary changes.<\/p>\n\n\n\n

Q6 from Telegram User\n@victorogb<\/strong><\/p>\n\n\n\n

Bybit currently offers\nCloud mining and DeFi mining services on its platform with over 20 pools and\noptions, with an attractive APY and SAPY to choose from. With specific emphasis\non your Cloud Mining feature, can you properly elaborate on the benefits of\nthis, how can investors participate, how is the Static Annualized Percentage\nYield (SAPY) calculated for respective pools, and I noticed the high fees\nassociated with the various mining pools, why is this so? Finally, there is\nalso an option to offer Dual Asset Mining which is currently not available at\nthe moment. Can you graciously elaborate on this, how soon should we expect\nthis service to be functional?<\/em><\/p>\n\n\n\n

Conor: <\/strong>Our ByFi\nSuite is all about providing alternative products that can create some other\nforms of passive income for our users.<\/p>\n\n\n\n

As for Cloud Mining, it’s designed to provide some of the\nbenefits of mining crypto without the need for purchasing hardware or running\nup gigantic electricity bills. Simply put, it’s the practice of utilizing a\nremote data center with shared computing power to mine crypto. Users can\npurchase hashing power from Bybit to mine crypto assets with no requirement of\nrunning their own hardware.<\/p>\n\n\n\n

In terms of assessing the static output and static\nannualized percentage yield (Static APY), the static analysis method is used to\ncalculate these figures. The static analysis method assumes that ETH’s spot\nprice, block reward & mining difficulty remain unchanged in the future.\nCalculations are then made on the basis of this assumption.<\/p>\n\n\n\n

The Hashrate Fee is calculated by like this: Hashrate\npurchased * Service Period * Hashrate Unit Price. <\/p>\n\n\n\n

You can read about this is more detail here: <\/p>\n\n\n\n

https:\/\/help.bybit.com\/hc\/en-us\/articles\/900007320363-Cloud-Mining-FAQ<\/a><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Given the SAPYs such as this one (425.91%), I wouldn\u2019t\nconsider the fees as particularly high. That may depend on your own goals.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Thank\nyou for your answers! Everything is clear for me!<\/p>\n\n\n\n

Conor: <\/strong>As for the\nDual Asset Mining, we can’t give away too much at this stage. There’ll be more\ndetails very soon.<\/p>\n\n\n\n

\n\n\n\n

PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS<\/strong><\/p>\n\n\n\n

The chat was open for 120 seconds; a lot of questions were posted by Satoshi Club community. Our guests chose some of them.<\/p>\n\n\n\n

Q1 from Telegram user\n@alberto_vzla<\/strong><\/p>\n\n\n\n

You mentioned that you\nguys are facing some short term outages and you take them very seriously. Most\nof them were caused by third parties providing servers, hosting services,\netc…<\/em><\/p>\n\n\n\n

How did you compensate\nfor these damages to your merchants? did you lose a lot of money?<\/em><\/p>\n\n\n\n

Nazar: <\/strong>We did not\nlose any funds. During these short term outages some traders were liquidated\nand were not able to adjust their positions. So, we compensated them. All funds\nwere and are SAFU.<\/p>\n\n\n\n

Q2 from Telegram user\n@coinresearcher<\/strong><\/p>\n\n\n\n

What is the uptime\nguarantee on Bybit? Binance is always down when there is a market crush on\ncoins. Can you stay up better than Binance?<\/em><\/p>\n\n\n\n

Nazar: <\/strong>You can\nregister with us and check if Bybit is online when our competitors are offline.\nJust check yourself next time.<\/p>\n\n\n\n

Q3 from Telegram user\n@surendra040<\/strong><\/p>\n\n\n\n

Does Bybit has local\ncommunity supporting different language for different customers?<\/em><\/p>\n\n\n\n

Conor: <\/strong>Yes, we\nhave 13 local communities with fantastic ambassadors from all over the world.\nIf you come to our Global Chat we can direct you to where you want to go: https:\/\/t.me\/BybitEnglish<\/a> <\/p>\n\n\n\n

Actually at the moment we’re looking to expand our local\ncommunities and as such we’re looking for more ambassadors to join the awesome\nAmbassador Program. Specifically, we’re looking for Malaysian, Swedish, Italian\nand Thai ambassadors to shape those communities. If this sounds interesting you\ncan apply here: http:\/\/bit.ly\/3r3y4wf<\/a> <\/p>\n\n\n\n

Q4 from Telegram user\n@DK177<\/strong><\/p>\n\n\n\n

You have named your\nTelegram Group as “Bybit English”, but I could not find any local\ngroups in addition to this official group. Does it mean that your project is\nlimited to English speakers? Don’t you think non-English speakers will also be\nuseful when building up a global community? Can’t we use your exchange if we\nare not from an English speaking country? Please explain the steps you have taken\nto expand the community.<\/em><\/p>\n\n\n\n

Nazar: <\/strong>We have 13\nlocal communities and looking to open more. You can check current local\ncommunities here https:\/\/t.me\/BybitEnglish\/426939<\/a><\/p>\n\n\n\n

Q5 from Telegram user\n@highpee<\/strong><\/p>\n\n\n\n

Bybit will utilise a\nDUAL-PRICE mechanism that can protect users against POTENTIAL LIQUIDATION\narising from uncontrollable drastic PRICE GYRATIONS or MANIPULATIONS. How will\nthis system make use of a fair price instead of last traded price to trigger\nliquidation? How does this price system guide against any form of exploitation\nand unnecessary liquidation?<\/em><\/p>\n\n\n\n

Conor: <\/strong>Hi Johnny,\nso our Dual Price Mechanism is there to prevent traders from falling victim to\nmarket manipulations so that the trading floor is as fair as possible for\neveryone! <\/p>\n\n\n\n

The system consists of the mark price and last traded price.\nThe last traded price is anchored to the spot price using the funding\nmechanism. This way the price on Bybit is unlikely to deviate significantly\nfrom the spot market price. You can read about this in more detail here:\nhttps:\/\/help.bybit.com\/hc\/en-us\/articles\/360039261074-What-is-Dual-Price-mechanism-<\/p>\n\n\n\n

If there is a suspected manipulation, we will compensate any\ntraders that lose out as a result!<\/p>\n\n\n\n

Q6 from Telegram user\n@Gemshunter22<\/strong><\/p>\n\n\n\n

How easy is to use\nBybit interface for a beginner and do you have any guide to use BYBIT? Also Can\nI do paper trading or not?<\/em><\/p>\n\n\n\n

Conor: <\/strong>Bybit has\na wonderfully intuitive user interface on both our desktop site and mobile app.\nIt’s all laid out very nicely and easy to use, and looks very sleek as well.<\/p>\n\n\n\n

You can certainly practice trading with us with zero risks.\nTo do so, you can set up an account on https:\/\/testnet.bybit.com\/en-US\/<\/a>  and ask our Live Support team for testnet\ntokens! <\/p>\n\n\n\n

Q7 from Telegram user\n@Nensam<\/strong><\/p>\n\n\n\n

Can you tell us more\nabout the ambassador\/referral programs in Bybit? Do you have any currently and\nwhere can we join them?<\/em><\/p>\n\n\n\n

Nazar: <\/strong>Can you\ntell us more about the ambassador\/referral programs in Bybit? Do you have any\ncurrently and where can we join them?<\/p>\n\n\n\n

Q8 from Telegram user\n@Nonerlike<\/strong><\/p>\n\n\n\n

How good is your live\nsupport and do you value customer\u2019s feedback? one of the problem in exchange\nlike Binance is no good support and late replies.<\/em><\/p>\n\n\n\n

Conor: <\/strong>Absolutely,\nour Live Support is available 24\/7. You can also reach out via email at support@bybit.com<\/a>  and you can always reach us on Telegram (https:\/\/t.me\/BybitEnglish<\/a> .  <\/p>\n\n\n\n

As for feedback we’re always listening so we can improve our\nservices. If you ever have any feedback for us, share it and we’ll make sure it\nreaches the right ears.<\/p>\n\n\n\n

Q9 from Telegram user\n@nadee5<\/strong><\/p>\n\n\n\n

There are so many\ncrypto newbies. Specially this time period.<\/em><\/p>\n\n\n\n

How do you motivate such\ncrypto newbies to join with Bybit? do you have any educational tutorials to learn\nhow to use Bybit?   <\/em><\/p>\n\n\n\n

Nazar: <\/strong>We have\nquite a few incentives for newbies where they can earn and learn:<\/p>\n\n\n\n

1. You can claim bonuses and coupon at The Rewards Hub (https:\/\/www.bybit.com\/en-US\/task-center\/rewards_hub\/<\/a>)\n for completing simple tasks<\/p>\n\n\n\n

2. We have daily chat activities (https:\/\/t.me\/BybitEnglish\/404273<\/a>)  where everyone can participate and be rewarded\n<\/p>\n\n\n\n

3. We have announced WSOT trading competition with quite a\nfew campaigns participating in which traders can earn rewards as well. Check\nhere (https:\/\/t.me\/Bybit_Announcements\/461<\/a>)\n  here\n(https:\/\/t.me\/BybitEnglish\/407732<\/a>)\n and here (https:\/\/t.me\/BybitEnglish\/407003<\/a>) <\/p>\n\n\n\n

 (https:\/\/t.me\/BybitEnglish\/407003)4<\/a>.\nPlease check Referral campaign (https:\/\/t.me\/BybitEnglish\/359140<\/a>)\n where you by referring friends can get\ntrading bonuses as well.<\/p>\n\n\n\n

Q10 from Telegram\nuser @csgonub<\/strong><\/p>\n\n\n\n

I see there is a\nreally huge competition on Bybit I wonder how can I able to join your\ncompetition?<\/em><\/p>\n\n\n\n

Conor: <\/strong>Yes,\nyou’re referring to our WSOT competition!<\/p>\n\n\n\n

The registration runs until September 4th so you can still\njoin until then! It’s simple to join, you just need to register on Bybit, visit\nhttps:\/\/www.bybit.com\/en-US\/wsot2021\/<\/a>\nand follow the instructions.<\/p>\n\n\n\n

\n\n\n\n

PART 3, QUIZ AND INFO<\/strong><\/p>\n\n\n\n

As usual, for the third part, Satoshi\nClub Team asked the chat 4 questions about BYBIT. A link to a Quiz\nform was sent into the chat. Participants had 10 minutes to answer. 300$ were\ndistributed between the winners. <\/p>\n\n\n\n

For more information and future AMAs, join our Social Media\nchannels: <\/strong><\/p>\n\n\n\n