Bybit expands gold and silver trading with new campaign

Bybit, the Dubai-based cryptocurrency exchange, has launched a trading campaign to expand access to gold and silver instruments, running through 30 April.

The company said the initiative allows eligible users to trade a broad range of gold- and silver-related products using a single USDT account.

Supported assets include spot trading of XAUT/USDT, futures trading of XAUTUSDT and PAXGUSDT, the XAUT0 Alpha product, and traditional instruments such as XAUUSD, XAUEUR, XAUJPY+, XAUAUD+, XAGUSD and XAGAUD.

XAUT, or Tether Gold, is a tokenised representation of physical gold backed one-to-one by fine gold. Bybit said it now supports XAUT deposits and withdrawals on the Mantle network to expand cross-chain access and reduce transaction costs.

The company said holders can earn annualised returns of up to 11% through its XAUT Flexible Easy Earn product.

As part of the campaign, users from eligible jurisdictions who complete at least one trade in any of the supported gold or silver assets may qualify for a chance to receive up to 2,000 USDT in airdrop rewards, subject to risk control and eligibility criteria.

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Bybit added that the initiative reflects growing demand for access to real-world assets within digital asset trading platforms and is part of its broader strategy to offer tokenised commodities alongside traditional cryptocurrencies.

The exchange said it serves a global user base across spot, derivatives, margin and real-world asset markets, with hundreds of supported trading pairs.

The Recap

• Bybit launched a precious metals trading campaign for gold and silver.
• Eligible users may receive up to 2,000 USDT in airdrops.
• The campaign runs through 30 April with trading and yield options.