Bybit DCA MNT Challenge: Share 50,000 USDT

Introduction To The Bybit DCA MNT Challenge

Bybit, recognized as the world's second-largest cryptocurrency exchange by trading volume, has unveiled an expansion to its automated trading bot suite. This includes the launch of a new Dollar-Cost Averaging (DCA) solution specifically for Mantle (MNT), coupled with an MNT-exclusive DCA challenge. This initiative offers eligible users the opportunity to share in a substantial 50,000 USDT prize pool. The event is scheduled to run from October 15, 2025, until November 2, 2025.

Bybit's DCA solution is engineered to streamline systematic long-term position building by automating regular purchases. This helps investors mitigate timing risk and average their entry prices effectively. Given MNT's remarkable performance in the summer of 2025, where its market capitalization surpassed $6 billion and its price more than doubled since early August, this challenge presents a timely opportunity for traders looking to increase their exposure to MNT.

Prize Details And Eligibility Criteria

The Bybit DCA MNT Challenge is structured into two primary components, each with distinct rewards and participation requirements:

Cashback For New DCA Bot Users

The first top 100 participants who are new to Bybit's DCA bot will be eligible for up to 10% cashback on their MNT investment, capped at a maximum of 20 USDT. To qualify for this reward, participants must achieve a minimum cumulative investment amount of 50 USDT in MNT. Ranking for this segment will be determined by cumulative investment.

Share Of The 50,000 USDT Grand Prize Pool

All registered users who successfully create an MNT DCA bot are eligible to share in the 50,000 USDT prize pool. Rewards will be distributed proportionally based on users' cumulative daily holdings. A critical qualification criterion for this prize pool is holding a minimum of 200 USDT in MNT through DCA throughout the event period.

Understanding the Dollar-Cost Averaging (DCA) Strategy

Dollar-Cost Averaging (DCA) is an investment strategy highly valued by traders committed to long-term investment horizons. By spreading purchases over time through automated execution, DCA assists traders in reducing timing risk and achieving a favorable average entry price. This strategy also provides traders with the flexibility to make small, consistent investments, aligning with a gradual accumulation approach.

The Bybit DCA bot is an integral part of Bybit's comprehensive suite of automated trading tools, which also includes the Spot Grid Bot, Futures Grid Bot, Futures Martingale Bot, and Futures Combo Bot. This diverse offering allows users to select the strategy that best aligns with their risk profile and investment objectives.

Important Considerations

It is crucial to note that this challenge is not intended for users residing in the European Economic Area (EEA), and participation from these regions is strictly prohibited. Users are strongly advised to review the specific terms and conditions on Bybit's official announcement page to ensure their eligibility for participation.

Conclusion

The Bybit DCA MNT Challenge presents a compelling opportunity for both new and existing investors to leverage automated Dollar-Cost Averaging for Mantle (MNT) while vying for a share of the impressive 50,000 USDT prize pool. With the robust features of the DCA bot and the notable performance of MNT, this is an opportune moment to explore the capabilities of automated trading on Bybit.

The content above reflects the author's personal views only and does not represent any official stance of Cobic News. The information provided is for reference purposes only and should not be considered investment advice from Cobic News.