Bybit launches challenge with airdrop for new users
Bybit, one of the world’s leading cryptocurrency exchanges, has unveiled a lucrative new challenge for its users.
The promotion offers participants an annual percentage rate (APR) of up to 555% on USDT deposits and an additional 5 USDT airdrop for eligible users. This initiative, designed to attract new users and incentivize deposits, runs until March 31, 2025.
How to participate
Bybit’s latest promotion follows a three-step process for users to earn high returns and claim rewards:
Step 1: Deposit and qualify for an airdrop.
- New users must make a first deposit of 100 USDT or more through Fiat or P2P trading.
- Upon completing this step, users automatically qualify for a 5 USDT airdrop bonus.
Step 2: Stake USDT for 555% APR Returns.
- Users can stake between 100 USDT and 300 USDT in Bybit’s exclusive 3-day Fixed Savings plan.
- This allows participants to earn amplified returns of up to 555% APR.
Step 3: Claim Principal and Additional Rewards.
- After three days, participants receive their initial deposit back along with the 555% APR bonus.
A new approach to crypto savings
Bybit’s challenge is part of a broader strategy to enhance its user base by offering high-yield staking opportunities and exclusive rewards. Participants stake for three days and receive enhanced returns and extra rewards. The 555% APR on USDT deposits presents one of the most competitive short-term crypto saving opportunities in the market.
This initiative aligns with the exchange’s commitment to providing accessible earning methods for both new and existing users. It also highlights the increasing popularity of fixed-term crypto savings plans as a means to maximize returns on digital assets.
As Bybit continues to expand its offerings, market participants will closely monitor the performance and user engagement of this high-yield savings event. With interest in stablecoin staking and yield opportunities on the rise, Bybit’s promotion could set a precedent for future incentive programs in the crypto exchange landscape.
We also reported Bybit introduces P2P Trading Lucky Draw with 10,000 USDT prize pool.
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