Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced its Gold Exclusive Trading Zone, offering users the chance to trade gold alongside cryptocurrencies and compete for a share of an $800,000 prize pool. This move marks a significant step in Bybit’s ongoing efforts to merge traditional financial assets with the speed and innovation of digital trading.
The new initiative enables users for the first time to trade gold with USDT across multiple platforms in a seamless experience, further solidifying Bybit’s position at the forefront of financial innovation. This launch comes on the heels of a record-breaking surge in gold prices, reflecting the growing interest in the precious metal as an investment asset in the current economic climate.
From now until June 10, 2025, Bybit users can trade traditional gold pairs, including XAU/AUT+, XAU/EUR+, XAU/JPY+, and XAU/USD+, with USDT via the Bybit Gold & FX platform. Additionally, users can trade XAUT on Spot or PAXG/XAUT on Derivatives. For those seeking yield opportunities, Bybit also offers the option to subscribe to XAUT Flexible Savings or invest in XAUT Dual Assets, allowing for more advanced strategies.
In addition to the trading opportunities, Bybit has set up a series of exclusive rewards for participants who complete specific gold trading tasks. These include luxury gold rings, gold coins, and USDT airdrops. Each completed task provides users with a lucky draw ticket, increasing their chances of winning based on their level of trading activity.
“This launch is a powerful step forward in our mission to integrate the best of traditional finance with the speed and accessibility of crypto,” said Shunyet Jan, Head of Derivatives Business and Institutional Sales at Bybit. “The Gold Exclusive Trading Zone gives users a seamless way to engage with gold, earn rewards, and diversify their portfolios all on one platform.”
The Gold Exclusive Trading Zone is available to eligible users who have completed Identity Verification Level 1 and reside in supported jurisdictions. All prizes, including physical items, will be distributed as the equivalent USDT value through Bybit’s Rewards Hub.
Bybit’s latest initiative underscores the growing convergence between traditional assets like gold and the dynamic world of cryptocurrency, offering users new opportunities to diversify their portfolios while competing for lucrative rewards.
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