Bybit Unveils Powerful Passive Income Solutions for Crypto Investors - IT News Africa | Business Technology, Telecoms and Startup News

, has released a lucrative suite of passive income products for new users. This was introduced to help investors weather the tough market conditions.

The exchange is offering new users an exclusive 7-day Fixed Term USDT savings product with an impressive 15% APR. The yield is doubled at the end of the period with extra bonuses paid in USDT making a total APR of 30%. Bybit’s passive income products are powerfully enhanced by this program. Bybit’s products include savings-style products with high APYs for digital assets and intermediate-level products such as Dual Asset mining. This product opens VIP-level deals to all every Friday.Secondly, Bybit has thrown open the door to its exclusive VIP tiers for 50% less than usual.

Finally, users who invite friends to join this campaign will earn a 5 USDT bonus reward for each referee. Users can earn up to 100 USDT in bonus rewards for a maximum of 20 eligible referees. “Bybit was built in the 2018 bear market and we are building even more intensively this time,” said Ben Zhou, co-founder and CEO. “To help to our loyal community and users enhance their returns during the current bear market, we are revamping Bybit Earn with simple, safe opportunities to earn yield while waiting for the next bull run.”

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