Bybit review: Fiat & Pay promo offers 25,000 USDT Christmas prize pool
Bybit is marking the holiday season with a promotional campaign aimed at accelerating adoption of its payment services.
The exchange has launched a Christmas-themed initiative offering users a chance to earn rewards from a 25,000 USDT prize pool by using Bybit Pay, its crypto payment solution designed for retail transactions.
The campaign reflects a broader push by centralized exchanges to move beyond trading and into payments, positioning crypto as a viable alternative for daily purchases. Bybit Pay enables users to make instant online and offline payments using cryptocurrencies, including QR-code payments and peer-to-peer transfers, without relying on traditional banking rails.
How the promotion works
The Christmas campaign centers on a Lucky Draw mechanism tied to user activity on Bybit Pay. Participants who activate the service and complete qualifying transactions gain entries for a chance to win a share of the prize pool.
Steps to join the promotion include:
1. Register or log in to a verified Bybit account
2. Deposit 100 USDT and get 1 lucky draw
3. Spend using Bybit Pay - use Bybit Pay for your Christmas shopping and earn rewards
According to Bybit, the promotion is available for a limited time during the Christmas season and is open to eligible users who meet regional compliance requirements.
Bybit Pay and the broader platform
Founded in 2018, Bybit has grown into one of the world’s largest cryptocurrency exchanges by trading volume, serving millions of users globally. The platform offers spot and derivatives trading, copy trading tools, automated products, and educational resources, alongside its expanding payments ecosystem.
Bybit Pay is positioned as a low-friction solution for users seeking to spend crypto directly, eliminating the need for third-party conversions. Transactions are processed instantly, with transparent balances and in-app payment confirmations.
What to watch next
The Christmas promotion underscores Bybit’s strategy to integrate trading, payments, and consumer incentives under one platform. As competition intensifies among exchanges seeking real-world use cases for digital assets, the success of initiatives like Bybit Pay may signal how quickly crypto payments can move into mainstream commerce in 2025.
We also reported that NIGHT spot listing paired with dual Token Splash events.
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