Cryptocurrency exchange Bybit has added seven football fan tokens: Paris Saint-Germain (PSG), Barcelona (BAR), Juventus (JUV), AC Milan (ACM), Inter (INTER), Arsenal (AFC) and Manchester City (CITY).

The digital assets are built on the Chiliz sidechain and are compatible with the Socios.com fan app.

Fan Tokens are traded in spot pairs against Tether (USDT). Owners will be able to vote on club decisions, as well as receive VIP service, prizes from teams and free tickets to matches.

“We are happy to help fans get closer to their favorite teams and idols. Bybit shares the values ​​of professional sports: honesty, teamwork and striving for the best,” said Ben Zhou, co-founder and CEO of the trading platform.

To celebrate the listing, Bybit has launched two promotions with prize pools of 100,000 USDT each. To participate you need:

• register on the event page;
• deposit fan tokens or trade them on the platform;
• to reach net deposit Trading volume from 100 USDT or 100 USDT.

Bybit ranking for each category. Their leaders will receive:

• 1.-3. rows — 5000 USDT each;
• 4.-10. rows — 3000 USDT each;
• 11-100 rows — 300 USDT each;
• 101 and above – 10 USDT each.

Rewards are not cumulative. When participating in two events, the user will receive a larger reward. The organizers will receive the prizes within thirty business days from the end of the event.

Bybit is a crypto exchange for spot and futures trading on 230 trading pairs. The platform is the main partner of Formula 1 racing team Oracle Red Bull Racing, as well as football clubs Borussia Dortmund and Avispa Fukuoka.

As a reminder, Bybit had previously listed the DEFY NFT platform token.

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