• Bybit today premiered its second episode of the crypto guide series.
• Crypto Slang Challenge features drivers Max Verstappen and Sergio Pérez.
• The series is a product of Redbull and Bybit’s multi-year deal.

Formula 1 drivers Max Verstappen and Sergio Pérez took the hot seat again on the second episode of Bybit’s crypto beginner’s guide, “#BybitLevelUpChallenges,” which premiered today, to discuss the latest crypto and racing slang.

The “Crypto Slang Challenge” saw Verstappen and Pérez guess the meaning of common crypto terms and acronyms, such as gas fees, position, fiat on-ramp, ATH, FUD, and more. The drivers attempted to link crypto slang and racing terms.

They seem to have a good understanding of crypto and were able to explain and define some terms. When asked what “when Lambo” means, Verstappen responded, “when to shine through the streets… show off.” Pérez chimed in and said that if an investor has “done well in crypto, [they]It must be displayed.

Talking about the bear market, Pérez answered that this “is where things are really nasty on the market.” Notably, the crypto market is currently in a bloodbath, with a 14.6% dip in market cap.

The #BybitLevelUpChallenges series’ episodes 1 and 2 can still be replayed on Bybit Race Insider and Bybit’s official social media accounts.

Red Bull Racing’s partnership with Bybit is behind the series. The first episode, which premiered on April 13, also featured Verstappen and Pérez who answered crypto and racing questions.

In February 2022, Oracle (NYSE:) Red Bull Racing partnered with Bybit, making the exchange one of the racing team’s top tier allies. Bytbit received the title of Principal Team Partner and Cryptocurrency Exchange Partners, Fan Token Issue Partner, Tech Incubator partner, as well as other prestigious titles. Multi-year contract aims at increasing fan engagement using cryptocurrencies.

Continue reading on CoinQuora