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How to Join the Crypto Cup 2024 Competition

Intermediate
Crypto
Trading
May 29, 2024
7 min read

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Detailed Summary

With the European football championships drawing near, excitement is mounting among football fans worldwide. This tournament isn't just a highlight for sports enthusiasts; it also offers a unique opportunity for crypto traders. Bybit's Crypto Cup 2024 merges the thrill of football with the excitement of crypto trading, presenting an engaging platform for users to participate and win substantial rewards. This article will guide you through everything you need to know about Bybit Crypto Cup 2024, from understanding the competition to learning how to join and maximize your chances of winning.

Key Takeaways:

  • Crypto Cup 2024 is an event organized by Bybit in which participants can earn rewards by predicting football match outcomes and engaging in various trading activities.

  • Participating in Crypto Cup 2024 allows you to earn a share of the 500,000 USDT prize pool and earn a chance to win an exclusive Austria trip!

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What Is Crypto Cup 2024?

Crypto Cup 2024 is an event organized by Bybit in which participants can earn rewards by predicting football match outcomes and engaging in various trading activities. Crypto Cup 2024 will take place from Jun 12, 2024, 10AM UTC through Jul 14, 2024, 7PM UTC. 

In preparation for this big event, Bybit is also holding an exclusive Crypto Cup 2024 Pre-Game event, with fantastic football rewards and a total prize pool of 50,000 USDT in rewards!

Crypto Cup 2024 Pre-Game Event

The Crypto Cup 2024 Pre-Game event runs from May 29, 2024, 12PM UTC through Jun 14, 2024, 11:59PM UTC.

To participate in the Crypto Cup 2024 Pre-Game event, simply follow these steps:

Step 1: Click on the Register Now button on the Crypto Cup 2024 Pre-Game event page.

Step 2: Complete Identity Verification Level 1.

Step 3: Complete simple deposit and trading tasks. For every task you complete, you’ll receive one Lucky Draw ticket.

How Does Crypto Cup 2024 Work?

The Crypto Cup 2024 Pre-Game event, where participants earn Lucky Draw tickets through various trading actions, concludes on Jun 14. The main event kicks off on Jun 12, 2024, 10AM UTC, and here’s how the main game works:

Crypto Cup 2024 integrates football match predictions with crypto trading, as participants earn Crypto Cup Tickets through eligible trading activities and other specified actions. These tickets are used to vote for participants’ favorite teams at different stages of the European football championships. Correct predictions earn participants Crypto Cup Points, which translate into shares of a substantial prize pool. Additionally, there are opportunities to win exclusive rewards, such as a trip to Austria, through Lucky Draws.

How to Join the Crypto Cup 2024 Competition

Joining the Crypto Cup 2024 competition is straightforward. Before you start, you’ll first need to create a Bybit account. Check out our detailed sign-up guide before continuing with the steps below to join the Crypto Cup 2024 competition.

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Register for Crypto Cup 2024

Step 1: Head to the Crypto Cup 2024 event page to begin. Then, click on Register Now to participate in Crypto Cup 2024.

Step 2: Complete Identity Verification Level 1 in order to qualify for participation. 

Earn Crypto Cup Tickets

Once you qualify for participation, you can proceed to various activities in order to earn Crypto Cup Tickets. 

Task

Tickets Earned

Trade Perpetual and Inverse Contracts: Hit a Derivatives trading volume of at least 50,000 USDT

1

Options Trading: Hit an Options trading volume of at least 15,000 USDT

1

Spot Trading: Hit a Spot trading volume of at least 10,000 USDT (excluding zero-fee pairs)

1

Referrals: Earn one Crypto Cup Ticket for each qualified referral to Bybit. 

In order to be eligible for each ticket, your friend must deposit 100 USDT within seven days after registration for the event and hit a trading volume of 500 USDT during the campaign period. 

Up to 10 — and one additional ticket, once you’ve made three qualified referrals

Web3 Wallet Creation: Create a Bybit Cloud Wallet or Keyless Wallet

1

Use Trading Bots: Hit a trading volume of at least 5,000 USDT via trading bots

1

Bybit Card Usage: Get one Crypto Cup Ticket when you spend at least 200 EUR/USD with the Bybit Card. 

Receive one additional ticket when you refer friends to apply for a Bybit Card with any transaction amount (including both fiat and crypto).

Up to 2

VIP Program: Earn up to five Crypto Cup Tickets when you upgrade to VIP Level 3 (or above)

Up to 5

There’s no limit to how many tickets you can receive, so complete as many activities as you can and earn more Crypto Cup Tickets! 

Note:

  • Tickets earned from eligible trades via Options, Perpetual contracts and Inverse contracts will be distributed immediately after completion of the corresponding trading tasks.

  • Tickets earned from referrals will be distributed within one hour of the completed tasks.

  • Please refresh the Crypto Cup 2024 event page in order to view tickets earned from recently completed tasks.

Make Your Predictions

After you’ve earned your Crypto Cup Tickets, you can vote for your favorite team(s) at each stage of the European football championships. Each ticket gives you one chance to vote, and every correct prediction gives you one Crypto Cup Point. You can use as many tickets as you wish when voting for your favorite team, so the more tickets you place, the more points you’ll earn if your prediction is correct.

Also, if your predictions are correct, you can earn a share from the 500,000 USDT prize pool!

There are a total of five stages (chart below) during which you can cast your vote for the team(s) you think will advance to the next stage of the competition.

Stage

Prediction Period

Prize Pool (500,000 USDT)

Group Stage

Jun 12, 2024, 10AM UTC – Jun 18, 2024, 4PM UTC

50,000 USDT

Round of 16

Jun 25, 2024, 2AM UTC – Jul 2, 2024, 7PM UTC

100,000 USDT

Quarterfinals

Jul 1, 2024, 2AM UTC – Jul 6, 2024, 7PM UTC

100,000 USDT

Semifinals

Jul 6, 2024, 2AM UTC – Jul 10, 2024, 7PM UTC

100,000 USDT

Final

Jul 11, 2024, 2AM UTC – Jul 14, 2024, 7PM UTC

150,000 USDT

Rewards from Predictions

As mentioned, you’ll receive one Crypto Cup Point every time you use a Crypto Cup Ticket to predict the winning team(s) at each stage of the competition.

Here’s how your rewards will be calculated:

Reward = (Number of Crypto Cup Points you’ve earned/Total number of Crypto Cup Points for each round) × Prize Pool in USDT

For example, Alice gets 10 Crypto Cup Points for correctly predicting the winners of Round of 16. If there are a total of 10,000 Crypto Cup Points for the Round of 16, then Alice would receive 100 USDT, based on the following calculation:

(10/10,000) × 100,000 USDT = 100 USDT

If your prediction is wrong, your tickets will be used up and no rewards will be given.

Join the Lucky Draw 

Each round of the competition also includes a Lucky Draw. Participants can win an exclusive trip to Austria and other prizes. Each round offers a new chance to enter the draw.

Stage

Lucky Draw Period

Prize Pool

Group Stage

Jun 26, 2024, 10AM UTC – Jun 29, 2024, 10AM UTC

Austria Trip (one round-trip ticket + one night at a hotel) and more

Round of 16

Jul 2, 2024, 10AM UTC – Jul 5, 2024, 10AM UTC

Quarterfinals

Jul 6, 2024, 10AM UTC – Jul 9, 2024, 10AM UTC

Semifinals

Jul 10, 2024, 10AM UTC – Jul 13, 2024, 10AM UTC

Final

Jul 14, 2024, 10AM UTC – Jul 17, 2024, 10AM UTC

Should You Join the Crypto Cup 2024 Competition?

Participating in Crypto Cup 2024 offers numerous benefits. It not only enhances your trading experience by adding a layer of excitement with football predictions, but also provides significant financial rewards. The competition is ideal for those who enjoy both crypto trading and football, offering a unique opportunity to combine these interests. Additionally, the chance to win exclusive prizes, such as trips and a share of the substantial prize pool, makes this event an attractive proposition.

The Bottom Line

Bybit's Crypto Cup 2024 is an innovative competition that blends the excitement of football with the dynamics of crypto trading. By participating, you can earn substantial rewards and exclusive prizes while enjoying the thrill of predicting football outcomes. Don't miss out on this unique opportunity to engage in an exhilarating event that offers both entertainment and financial gains!

Joining Crypto Cup 2024 is a straightforward process that involves registering, earning tickets through various activities, making predictions and participating in Lucky Draws. Whether you’re a seasoned trader or a football enthusiast — or both — this competition promises a unique and rewarding experience.

Get ready to join the action and make your mark in Bybit Crypto Cup 2024!

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