HomeExchange NewsBybit Enhances Spot Trading with ByVotes Listings Rewards

Bybit Enhances Spot Trading with ByVotes Listings Rewards

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  • ByVotes enables users to influence token listings while earning rewards.
  • Puzzle Hunts award prizes such as TOSHI, HAT, and HPOS10I tokens.

The leading global crypto exchange, Bybit, has boosted its spot listings with new tokens via its community-driven mechanism of ByVotes. Among the newly listed tokens are TOSHI, HAT, and HPOS10I, along with the Puzzle Hunt events, which will reward participants with tokens.

ByVotes will allow Bybit users to vote for their preferred projects and exert direct influence on the listing of those tokens while receiving exclusive rewards. Users can trade the newly listed tokens on Bybit Spot, Spot Grid Trading Bots, and the Convert feature that comes with zero-fee transactions in USDT or over 400 cryptocurrencies.

Byvotes and listings that pay rewards, Bybit Spot Expands

Each listed token has brought unique value to the blockchain ecosystem. TOSHI is a meme coin launched on the Base network, it pays homage to Coinbase co-founder Brian Armstrong’s cat and is an exemplary community governance mechanism. HAT fuels a no-code AI agent creation platform. At the same time, users can design and create AI agents effortlessly with HPOS10I, an integration of cryptocurrency with fantasy by featuring an NFT collection tied to its vibrant community.

As a way of celebrating these listings, Bybit has rewards through Puzzle Hunt events.  Users can earn or exchange puzzle pieces until January 31 by completing check-ins, deposits, and trades to win as much as 1,000,000 TOSHI or 600 HPOS10I. The HAT Puzzle Hunt runs until February 4, with a total prize pool of 18,000,000 HAT tokens.

ByVotes, a community voting platform on token listings for Bybit, has enjoyed spectacular growth since it was upgraded in 2024. The platform reported a 300% increase in visits and 200% growth in voters. In empowering its users to vote on token listings, Bybit created a more vibrant and community-focused platform where the participants shape the offerings on the exchange.

Bybit’s commitment to community-driven innovation is evident in this latest expansion, with the ByVotes mechanism helping to further diversify the exchange’s offerings while giving back to its users. The platform continues to provide an innovative alternative to traditional token listing methods, further empowering the Web3 ecosystem.

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