Bybit Card Welcome Campaign: Up to 120 USDT Rewards for New Users
Bybit has launched a Bybit Card welcome campaign offering up to 120 USDT in rewards for eligible new users and first-time cardholders. The Bybit Card welcome campaign is designed to boost real-world spending utility while paying incentives tied to onboarding, top-ups and early transaction activity.
Under the promotion, users who have never topped up a Bybit account and have not previously held a Bybit Card can apply. After topping up at least 100 USDT (or equivalent) within 30 days, they receive a 10 USDT airdrop credited after a standard risk monitoring period. Cardholders can also earn 10% cashback on qualifying transactions during their first 30 days of card usage, capped at 110 USDT. The 10% cashback starts only when the Card Dashboard shows activation, and excludes certain merchant categories and transaction types.
The Bybit Card supports both crypto and fiat funding via the user’s Bybit Funding Account, using an instant virtual card that can be added to Apple Pay and Google Wallet. Beyond the initial offer, a tiered cashback model (2%–10%) applies throughout the year, and rewards may be received in BTC, USDC, or USDT. Additional benefits include a discounted trading voucher for users who have not previously traded on Bybit, plus potential cashback on select subscription services.
All rewards are subject to eligibility rules and anti-misuse safeguards. The announcement also notes the campaign is a sponsored press release.
Neutral
This is primarily a user-acquisition and payments-incentive campaign rather than a change in protocol fundamentals or token supply. A Bybit Card welcome campaign can slightly increase near-term activity (card top-ups and usage), which may support sentiment around BTC/USDT/USDC—especially among new users—but the capped, eligibility-based rewards limit broad market impact.
In the short term, traders may see modest liquidity and engagement effects on Bybit-related flows, but there is no clear catalyst for a sustained price move. In the long term, recurring card cashback and fiat/crypto funding rails can gradually strengthen real-world crypto payment adoption, which is generally supportive, yet still unlikely to overwhelm macro factors or larger market drivers.
Similar past exchange reward campaigns (on-boarding bonuses, cashback boosts) have typically produced localized, short-lived bursts of usage rather than durable systemic shifts. Overall, the likely effect on market stability is limited, making the expected impact broadly neutral.