| Bybit’s Referral Challenge | |
|---|---|
| Prize Pool | 105,000 USDT |
| Perks | Referral Bonuses |
| Campaign Period | 10:00 on April 26, 2024 to 9:59 on May 10, 2024 (UTC) |
Winning a prize has never been this easy. If you have friends who are constantly asking for crypto advice. Now’s your chance to turn that interest into a major win with Bybit’s Referral Challenge! By referring to them, you can enter for a chance to win 105,000 USDT. It’s as simple as that. There’s no catch—just invite your friends to join, and you’re in the running for a big prize. Get started today and see where your referrals can take you!
Bybit’s Referral Challenge
It’s a game where you’re essentially competing on how much you can trust your network of friends. You definitely know people who are interested in crypto but haven’t taken the plunge yet. You can be their gateway, turning your life and theirs around. By getting your friends to join Bybit, you could win significant prizes, sharing in a 105,000 USDT bonus. Your qualified referees will also receive a small reward and, more importantly, gain access to opportunities to trade and make money in the crypto market.
Campaign Period: 10:00 on April 26, 2024 to 9:59 on May 10, 2024 (UTC)
How To Participate:
To participate in the Bybit’s Referral Challenge, invite your friends to register on Bybit using your unique Referral ID or link during the event period. To qualify as a referred participant, your friends need to meet the following conditions within seven (7) days of signing up:
- Deposit: They must deposit a minimum of $100 into their Bybit account.
- Trading: They need to trade at least $500 in any combination of assets or contracts.
Perk 1: Invite your friends and share 105,000 USDT
Participants who confirm their participation and acquire at least one (1) Qualified Referee during the event period will qualify for a share of a tiered prize pool. The share depends on the total number of Qualified Referees they attain during the event period. However, there’s a limit to the maximum reward per eligible user for each tier, which determines how much a user can earn for each Qualified Referee. But each tier has a limit on the maximum amount of rewards an eligible user can receive for each Qualified Referee. For example, if you invite one Qualified Referee, you can earn up to 5 USDT. If you invite two, you can receive up to 14 USDT in total.
Here’s a breakdown of the reward structure:
| Tier | Number of Qualified Referees | Total Prize Pool (USDT) | Maximum Reward per Qualified Referee (USDT) |
|---|---|---|---|
| 1. | 1 | 20,000 | 5 |
| 2. | 2-4 | 25,000 | 7 |
| 3. | 5-9 | 25,000 | 10 |
| 4. | ≥10 | 30,000 | 15 |
Perk 2: Be Amongst the Top Three (3) Referrers to Get Up to 3,000 USDT Bonus
The top three (3) referrers who acquire the most Qualified Referees during the event period will each qualify for the following rewards, where they will be served on first comes first basis:
| Rank | Reward |
|---|---|
| 1 | 3,000 |
| 2 | 1,500 |
| 3 | 500 |
If more than one referrer attains the same number of Qualified Referees, the user who clicked the “Register Now” button earlier will be given a higher ranking. Users may receive rewards from only one perk. If a participant qualifies for rewards in both Perk 1 and Perk 2, they will only receive the reward with the higher value.
Terms and conditions
- You must complete Identity Verification Level 1 to be eligible for rewards.
- The event is not open to users from countries where Bybit’s services are restricted.
- Institutional users, Market Makers, and Affiliates are not eligible to participate in this event.
- To be eligible for rewards, you must click the “Register Now” button on the event page.
- A Qualified Referee is an invited friend who has deposited at least $100 and traded at least $500 within seven (7) days of signing up.
- Eligible deposits include One-Click Buy, P2P Trading, Crypto Deposits, and Fiat Deposits. However, internal fund transfers are not eligible for this event.
- Spot trading pairs with zero fees will not count toward reward calculations.
- Rewards from this event can be stacked with rewards from the Bybit Referral Program. This allows you to continue receiving all referral task rewards as usual.
- Rewards will be automatically distributed to the Rewards Hub within 14 working days after the event ends. You will have to manually claim your rewards from the Rewards Hub. Rewards are distributed on a first-come, first-served basis.
- Rewards are given as bonuses, which can be used as margin for Derivatives trading (excluding Spot), to cover trading losses, and to offset trading fees before using your own capital. Bonuses cannot be withdrawn, but any profits from trading with bonuses can be withdrawn. Note that bonuses are forfeited upon any asset withdrawal.
- Users from regions where Derivatives trading is prohibited (e.g., Brazil, the Netherlands, Hong Kong) may not be eligible for rewards associated with Derivatives trades due to local laws and regulations. Bybit will offer region-specific events and rewards instead.
- Bybit’s Risk Team will thoroughly analyze all referrals to ensure they comply with security policies. Referrals that do not meet these policies will not be counted toward reward calculations. For example, accounts created on the same device may be treated as existing accounts and excluded from reward calculations.
Win Big and Easy With Bybit’s Referral Challenge
With this great opportunity, try hard and remember all the friends who have always had your back. It’s the easiest yet most lucrative competition offered by Bybit. Invite them today to Bybit’s biggest Referral Challenge, and you could all be on your way to winning 105,000. Don’t let this chance slip away—get your friends to join, and enjoy the rewards together!
