Bybit launches Squad Gold Rush referral contest with up to $100,000 in XAUT prizes

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Jainam Mehta

20.07.2026

Bybit launches Squad Gold Rush referral contest with up to $100,000 in XAUT prizes — Bybit launches squad gold rush event

Bybit announced the launch of its 'Squad Gold Rush' community referral promotion, where teams compete for a prize pool of up to $100,000 in XAUT, with the event running through August 18, 2026.

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Bybit has detailed its 'Squad Gold Rush' event, a community-based referral competition taking place from July 17, 2026, to August 18, 2026. The event allows participants to form teams and accumulate points by referring new users who complete specific onboarding tasks, such as verifying their identity, depositing at least US$100, and trading at least US$10 within seven days of registration.

The prize pool, disbursed in XAUT (Tether Gold), starts at US$5,000 and may increase to up to US$100,000 depending on total referrals, with rewards distributed among the top 100 ranked teams. Both direct and indirect referrals contribute to team point totals, and participants must have at least two successful referrals to qualify. The final distribution of rewards, based on individual and team performance, will occur within 10 business days after the conclusion of the campaign, subject to risk checks.

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How to participate

To take part in Bybit's Squad Gold Rush promotion, visit the event page to automatically enroll. Next, obtain your referral link or code and share it with others. Referred friends need to register as new users, complete KYC, deposit at least $100, and trade a minimum of $10 within 7 days of registration for your team to earn points. For eligibility, ensure your team has at least two successful referrals; the top 100 teams will share the prize pool, with rewards distributed based on each member’s contribution. You can start by registering at the official sign-up link.

Bybit is a cryptocurrency exchange focused on derivatives trading, providing access to both futures and perpetual contracts with leverage up to 100x. The platform integrates with TradingView for market analysis and offers features such as copy trading, a crypto debit card, and 24/7 customer support. To learn more about its instruments, platform features, and regulatory status, read the full review on Traders Union.

In an earlier news about Bybit, we reported on the launch of the RLUSD Hold & Earn feature with a 7% APR and zero maker fees on RLUSD/USDT trading pairs; for more details, see the previous Bybit update on Traders Union.

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