Bybit DCA Challenge Offers Up to $55K in Rewards for Auto-Investors
Bybit has launched its DCA Challenge, offering up to $55,000 in rewards for users who auto-invest in BTC, ETH, and XAUT through their Dollar-Cost Averaging (DCA) Bot feature.
The challenge runs from July 29th to August 17th and is open to both new and current Bybit Trading Bot users. New users can enjoy a 20% cashback on their cumulative investment amount, capped at $50, with the top 100 users earning rewards based on their investment volume.
Eligible users will also share an exclusive prize pool of 50,000 USDT, with participants maintaining qualified daily holdings of at least $200 through DCA Bots contributing to the pool proportionally.
The DCA strategy is designed for investors who prefer a measured approach over attempting to time market entry. By committing to fixed, recurring purchases regardless of short-term price swings, disciplined investors reduce the impact of volatility on their average entry price and minimize emotional decision-making associated with manual trading.