Web3 Bitcoin Breakout

How to Join Web3 Bitcoin Breakout Ecosystem Share-to-Earn

Bitcoin’s price reached a new all-time high of over $73,000 in March 2024. When comparing year-to-date (YTD) return based on the historical performance, BTC return is around 47.92%. Some of the factors that drive the price surge includes the approval of Bitcoin ETFs and the increasing demand on Bitcoin blockchain for settlement for Layer 2 projects.

Get in-depth understanding of the Bitcoin ecosystem and earn from Bybit Web3 Share-to-Earn campaign to win from the prize pool. *Disclaimer: All trading carries risk. Only risk capital you can afford to lose.

Deep Dive Into Bitcoin Ecosystem and Layer 2 Projects Learn more

Learn everything you need to know about Bitcoin layer 2 in our comprehensive guides tailored for both beginners and intermediate investors.

Bitcoin Layer 2 Report: Bitcoin Layer 2s Set to Boom as Bitcoin Continues to Outperform

Bitcoin’s outperformance and popularity heighten the development of Bitcoin Layer 2. Learn how it works.

Crypto Insights

Advanced

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The Best Bitcoin Layer 2 Projects Fueling Bitcoin's Growth

Bitcoin Layer 2 solutions help with scaling by selecting the information they pass back and forth. Learn more about them here.

Bitcoin

Intermediate

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11 Best Layer 2 Crypto Projects To Check Out Post-Merge (2023)

These Ethereum Layer 2 solutions which include Polygon, Mantle and Loopring, are some of the most promising projects that you should take a look at post-Ethereum Merge.

Investing

Intermediate

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Tuna Chain (TUNA): Reinventing Bitcoin With a ZK-OP Approach

Tuna Chain is a modular Layer 2 solution that functions on Bitcoin while also integrating with Ethereum. Learn more about how it works in this article.

web3

Intermediate

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Mirror Staking Protocol: A Secure Bitcoin Staking Solution

Mirror Staking Protocol, formerly called Mirror L2 before a rebrand, is a Bitcoin protocol that works with Layer 2 networks. Learn more in this article.

web3

Intermediate

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BEVM: The First Fully Decentralized EVM-Compatible Bitcoin L2

BEVM, a Bitcoin L2 network that’s fully compatible with the Ethereum blockchain, is the first fully decentralized EVM-compatible Bitcoin L2 to use BTC as gas.

web3

Intermediate

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Connecting Bitcoin with Bybit Web3

Get exposed to Bitcoin layer 2 projects and web3 ecosystem — from crypto airdrop collection, inscriptions project introduction and more.

Explained: What Is Bybit Web3 Airdrop Arcade?

Bybit Web3's Airdrop Arcade serves as a streamlined and user-friendly aggregation platform for accessing promising crypto airdrops. Learn how to claim airdrops!

How to Create and Sell Your Inscriptions on Bybit Web3

Inscriptions are a form of content uniquely embedded onto individual satoshis. Learn how you can create and sell inscriptions on Bybit Web3.

Bybit Web3: What Is IDO & How Do I Participate With Bybit Web3?

Interested to know more about IDOs? Find out how you can subscribe to IDOs on the Bybit Web3 IDO portal and maximize your potential for financial gains today!

Snapshot Rules: How Do They Apply to Bybit Web3 IDO 2.0?

A snapshot is a screenshot of transactions that have occurred on a blockchain at a specific block height. Find out how it applies to Bybit Web3 IDO here.

How to Participate in Bybit Web3 Staking (Step-by-Step)

Explore this article to find out how you can participate in Bybit Web3 Staking.

Bybit Web3 Staking: Earning Passive Income in One Click

Bybit Web3 Staking is designed to centralize your token staking and earnings, removing the need to navigate multiple protocols or handle several transactions.

Level up Your Web3 Learning Experience

Elevate your web3 journey to another level with our daily news about the ecosystem.

Is the Bitcoin Rally Over? 13F in May Might Reveal Whether Institutional Adoption Has Accelerated

Get insights on the recent bull run and find out how sustainable the bull run is throughout 2024.

Runes Protocol Boosts Bitcoin Fees and Miner Profits Post-Halving

The recent halving of Bitcoin introduced a new protocol called Runes, developed by Ordinals creator Casey Rodarmor, which has sharply increased transaction fees.

Runes Protocol Revolutionizes Bitcoin with New Token Capabilities Ahead of 2024 Halving

Today’s outperformer is LSK, which jumped 17.63% after Lisk partners with Velodrome to enhance blockchain access and drive ecosystem growth.

Ethena’s USDe Launches on Swell’s Layer 2 Network

Today’s outperformer is ENA, which jumped 7.3% after Ethena's synthetic dollar launched on Swell L2 with rewards and airdrops in pre-launch phase.

Mysten Labs Celebrates Sui Protocol's First Anniversary with Major Partnerships and Optimistic Outlook for Web3

Mysten Labs, the creator of the Layer 1 Sui protocol, celebrated its mainnet's first anniversary with significant growth and notable partnerships with major tech companies like Google and TikTok's parent company, ByteDance.

Stacks Prepares for Major Nakamoto Upgrade to Enhance Bitcoin Layer 2 Capabilities

Stacks, a leading Bitcoin Layer 2 network, is preparing for the Nakamoto upgrade, its most significant hard fork to date, which aims to transform it into a true Layer 2 solution.

The Bitcoin Awakening: Learn, Share, and Win!

May 7, 2024, 10AM UTC - May 31 , 2024, 10AM UTC

The Bitcoin Awakening: Learn, Share, and Win!

Share everything about Bitcoin economy with your friends to earn a share of $5,000 worth of $MERL tokens.

How to Use Bybit to Tap into Bitcoin Ecosystem

HODL and Stake

Stake Bitcoin for % yields (APR)

Earn Now

Crypto Airdrops

Get the hottest Layer 2 airdrops

Collect Now

Web3 Inscription

Create and trade blockchain inscription

Join Now

Web3 IDO

Get preferred tokens at a discounted rate

Invest Now

Frequently Asked Questions (FAQ)

Who can participate in Web3 Bitcoin Ecosystem Share-to-Earn?

All participants must have a valid Bybit Web3 Wallet, different from Bybit Main Account wallet to be qualified for the giveaway.

What is the Web3 Bitcoin Ecosystem Share-to-Earn campaign period?

Event is happening from May 7 until May 31, 2024 10AM UTC. Winners will be selected at random to win from a prize pool of $5,000 worth of $MERL coins.

How are the prizes distributed?

🥇 1 Lucky Winner - Win $200 worth of $MERL tokens, 🥈 100 Winners - Win $30 worth of $MERL tokens each, and🥉 300 Winners - Win $6 worth of $MERL tokens each.

Is Web3 Bitcoin Ecosystem event open for all regions?

While this is a global event, residents of Canada, China, France, Singapore, the United Kingdom, the United States, Spain, Australia, Germany, Hong Kong, and the Netherlands are unfortunately prohibited from joining.

How do I claim my rewards?

Rewards will be distributed on the Bitcoin blockchain via Bybit Web3 Airdrop Arcade.

Bybit at a Glance

Established in 2018, Bybit ranks as one of the top three cryptocurrency exchanges by volume, with over 20 million users worldwide. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer support, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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