Bybit is excited to announce the upcoming listing of INIT on our Spot trading platform.

Listing timeline

INIT deposit: Opens on Apr 23, 2025, 10AM UTC

INIT listing: Apr 24, 2025, 11AM UTC

INIT withdrawals: Opens on Apr 25, 2025, 10AM UTC

Deposits and withdrawals will be available via the INIT network.

INIT will be available for trades via [Spot Grid Bots](https://www.bybit.com/en-US/tradingbot/) when listed.

To celebrate, we've prepared 2 special events.

💰 Event 1: [New user exclusive] Token Splash: Deposit to earn from a 1,600,000 INIT prize pool

🗓 Event period: Apr 24, 2025, 10AM UTC – May 8, 2025, 9AM UTC

Register for the event to get started.

[Register Now]

Step 1: Sign up on Bybit and complete Identity Verification.

Step 2: Accumulate a deposit volume of at least 150 INIT. You can also deposit 100 USDT and trade 100 USDT worth of INIT via your first trade using your Bybit account.

The first 20,000 new users to complete both steps will each receive 80 INIT.

[Deposit Now]

💰 Event 2: Token Splash — Trade to earn from a 800,000 INIT prize pool

🗓 Event period: Apr 24, 2025, 11AM UTC – May 8, 2025, 9AM UTC

Register for the event to get started.

[Register Now]

During this period, trade at least 500 USDT worth of INIT on Spot to earn a share from the 800,000 INIT prize pool.

The more you trade, the larger your share of the prize pool. Rewards are capped at 1,100 INIT per user.

[Trade Now]

About INITIA (INIT)

INITIA is a network for interwoven rollups combining an L1 and an interwoven system of customizable appchains. Its opinionated rollup framework allows teams to build application-specific blockchains with full-stack customizability while enshrining shared standards across the entire system to build a unified multichain world.

Asset name: INITIA

Ticker: INIT

Learn more about INIT here:

[Website](https://INITIA.xyz/) | [Whitepaper](https://docs.initia.xyz/home/general/welcome) | [X](http://x.com/initia)

Here's how you can top up your USDT balance:

1. [Buy USDT on One-Click Buy](https://www.bybit.com/fiat/trade/express/home)

2. [Make a Fiat deposit](https://www.bybit.com/fiat/trade/deposit/home)

3. [Purchase USDT through P2P](https://www.bybit.com/fiat/trade/otc/?actionType=1&token=USDT&fiat=HKD&paymentMethod=)

4. [Deposit USDT directly into your wallet](https://www.bybit.com/user/assets/home/overview)

Maximize your crypto learning journey and stay ahead of the curve with Bybit Learn. Follow our Bybit Learn X page for the latest educational resources and insights on everything crypto, including coin listings. Follow us [now](https://twitter.com/Bybit_Learn) ⚔️

Risk Warning: Cryptocurrency trading involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary. Bybit does not accept any liability or responsibility for any losses resulting from trading on our platform.

Terms and Conditions:

Event 1:

- Users must click the Register Now button to participate in the event and be eligible for rewards.

- Only deposits and trades made within the event period will be considered in the reward calculation.

- Users will still be eligible for the event even if they withdraw INIT during the event.

- Deposits made using a Subaccount will not be counted toward this event.

- Deposits made via P2P Trading, One-Click Buy and on-chain transfers will be counted toward this event. However, internal transfers will not be counted toward the reward calculation.

Event 2:

- Users must click the Register Now button to participate in the event and be eligible for rewards.

- Only Spot trades of INIT will be counted as eligible trading volume for this event. The accumulated trading volume is the total amount of INIT users buy and sell on Spot within the event period.

- Only trades made within the event period will be considered in the reward calculation.

- Trades made using a Subaccount or Trading Bots will be counted toward this event. However, trades made via API will not be counted toward this event.

General

- Institutional Users and Market Makers are not eligible for this event.

- Users must complete Identity Verification Lv. 1 before the event ends to participate in the event.

- Rewards will be credited to eligible users' Funding Account, Spot Account or Unified Trading Account within 7 days after the event ends.

- Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent or harmful purposes.

- Bybit reserves the right to modify the terms of this event without notifying users in advance.

- Bybit reserves the right to the final interpretation of this event. If you have any questions, please contact our Customer Support team.