Bybit DCA Challenge Offers Up to $55K in Rewards for Auto-Trading BTC, ETH, and XAUT
Bybit has launched its DCA Challenge, offering up to $55,000 in rewards for users who auto-trade BTC, ETH, and XAUT through its Dollar-Cost Averaging (DCA) Bot feature.
The challenge runs from July 29th to August 17th and is open to both new and existing Bybit Trading Bot users. New DCA users can enjoy a 20% cashback on their qualified cumulative investment amount, capped at $50 USDT.
Eligible users will share in an exclusive prize pool of $50,000 USDT, with the distribution based on their proportionate share of total cumulative holdings among participants. To participate, users must create a DCA Bot to invest in BTC, ETH, or XAUT and maintain qualified daily holdings of at least $200.
The DCA strategy is gaining popularity as a measured approach to investing, reducing the impact of volatility on average entry prices and minimizing emotional decision-making. Bybit's DCA Bot automates this process, allowing users to set their own contribution frequency and amount.