withdraw SWEAT coin & swap them for USDT

Mooon
5 min readJun 17, 2023

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How to Deposit $SWEAT on Bybit Desktop & mobile

Now that we’ve covered how you can earn $SWEAT and withdraw $SWEAT tokens to your Wallet, let’s take a look at how you can deposit those tokens into your Bybit Spot account to trade. If you don’t already have an account, you can register for a Bybit account to get started, Bybit is an exchange wallet similar to Binance.

On Desktop

Step 1: Click on Assets on the top right-hand corner of the Bybit home page to be directed to the Assets Page under Spot Account.

Step 2: Search for the $SWEAT token in the search column and click on Deposit.

Step 3: On your NEAR Wallet, do ensure that you have selected $SWEAT tokens as your Asset before you click on Send.

Step 4: On your Bybit account, ensure that the Chain Type is set to NEAR before copying the wallet address. Then, paste this address into your NEAR Wallet destination address field and click Send.

Step 5: Wait for the $SWEAT to appear on your Bybit Spot account and then you can trade. To learn more about how you can make a deposit on Bybit.

On Mobile

Step 1: Tap on the Assets button at the bottom right corner of the page.

Step 2: Under Spot, tap on Deposit.

Step 3: Search for the $SWEAT token in the search bar.

Step 4: You’ll be directed to your Bybit wallet address. Ensure that the Chain Type is NEAR before copying this address and inputting it into your NEAR Wallet destination address field.

You can check out our guide video here.

How to Trade SWEAT/USDT on Bybit

Now that you have $SWEAT tokens in your Bybit Spot account, you can proceed to trade $SWEAT on the SWEAT/USDT Spot trading page.

On Desktop

Step 1: Click on Trade and select Spot Trading. Then, select the SWEAT/USDT Spot Trading pair.

Step 2: You will be brought to the SWEAT/USDT Spot Trading page. On the right side of the page, select Market.

Step 3:

  • Buy: Enter the amount of USDT you would like to pay in exchange for $SWEAT.
  • Sell: Enter the amount of $SWEAT you would like to sell in exchange for USDT.

Step 4: Click Buy $SWEAT or Sell $SWEAT and your order will be filled. To learn more about how to trade on Spot.

On Mobile

Step 1: Tap on Assets and select $SWEAT.

Step 2: Tap on the SWEAT/USDT Spot Trading pair.

Step 3: Select Market.

Step 4:

  • Buy: Enter the amount of USDT you would like to pay in exchange for $SWEAT.
  • Sell: Enter the amount of $SWEAT you would like to sell in exchange for USDT.

Step 5: Click Buy $SWEAT or Sell $SWEAT and your order will be filled.

Do also take advantage of Bybit’s ongoing zero fees campaign for all spot trading pairs!

How to Trade SWEAT-PERP on Bybit

Other than trading the SWEAT/USDT spot pair, you can also trade $SWEAT perpetual contracts. It allows traders to enter long and short positions with leverage.

Step 1: Deposit USDC to your Spot Account and transfer it to your USDC Derivatives Account or Deposit USDT to your Spot Account, convert it to USDC and transfer it to your USDC Derivatives Account.

Step 2: Click on Derivatives and select USDC Perpetual. Then, select SWEAT-PERP.

Step 3: On the right side of the trading page, you’ll see the Order Zone. Here’s where you can choose your desired leverage.

Step 4: Choose your order type: Limit, Market or Conditional.

Step 5: Enter the contract quantity that you would like to purchase. Alternatively, you can also use the percentage bar to set the contract quantity.

Step 6: You can choose to Buy Long with TP/SL or Sell Short with TP/SL. This is optional, so skip this step if you decide not to choose either.

Step 7: Place your order by clicking Buy/Long or Sell/Short.

Step 8: Confirm your order.

The Bottom Line

With this guide, you will be equipped with all the knowledge you need to earn Sweatcoins and $SWEAT tokens and deposit $SWEAT into your Bybit account.

Join the Bybit x SWEAT: Walk Into Crypto event by completing simple tasks. For new Bybit users and $SWEAT holders, complete your identity verification and deposit $SWEAT into your Bybit Spot Account or trade SWEAT/USDT. This earns you 6 USDT!

For existing Bybit users and $SWEAT holders, refer your friends to Bybit and both of you will be entitled to 4 USDT each. Make sure you invite your friends through the Bybit Referral Program to enjoy even more rewards.

So walk into Crypto with Bybit and Sweatcoin today and start Spot Trading or Derivatives Trading!

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Mooon
Mooon

Written by Mooon

Exploring the intersection of finance, Web3, and crypto. Sharing insights on blockchain innovation, DeFi, and the future of digital assets.

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