KEY TAKEAWAYS
- Bybit launches the ‘Fiat-to-Crypto Frenzy’ campaign, offering new users a chance to earn from a 97,200 USDT reward pool.
- The campaign promotes Bybit Fiat, enabling access to over 300 cryptocurrencies using local fiat currencies.
- Participants must complete tasks like deposits and trades to earn Lucky Draw tickets for USDT rewards.
- Regional restrictions apply, excluding users from the European Economic Area and certain countries from rewards.
Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, has announced a new campaign titled ‘Fiat-to-Crypto Frenzy’ aimed at new users. This initiative offers participants the chance to earn rewards from a total pool of 97,200 USDT by completing a series of introductory tasks. The campaign was announced here.
The campaign emphasizes Bybit Fiat, a service that enables users to access over 300 cryptocurrencies using local fiat currencies. Through supported channels such as P2P Trading, Fiat Deposit, and One-Click Buy, users can purchase major digital assets including USDT, BTC, and ETH. Additionally, they can explore popular altcoins like DOGE, LAYER, and MNT. Bybit P2P is highlighted as a fast, secure, and streamlined option for peer-to-peer crypto transactions.
How to Participate in the Fiat-to-Crypto Frenzy
The Fiat-to-Crypto Frenzy is exclusively available to new users who register and complete Identity Verification Level 1 during the event period, which runs from January 12, 2026, at 10 a.m. UTC through April 15, 2026, at 11 p.m. UTC. Eligible participants can earn Lucky Draw tickets by completing a set of predefined deposit, payment, and trading tasks available through the Bybit Rewards Hub.
Tasks include depositing a minimum of 20 USDT via qualifying fiat or P2P channels, spending at least 25 USDT using Bybit Pay, and executing trades totaling 100 USDT across spot and derivatives markets. Each completed task grants Lucky Draw tickets, with each ticket representing one entry into a weekly draw for USDT rewards.
Reward Distribution and Restrictions
Lucky Draw rewards are distributed on a first-come, first-served basis and may be fully allocated before the scheduled end of the campaign. Rewards are credited to eligible users’ Rewards Hub accounts within 14 working days after the event concludes and must be manually claimed.
Participation is subject to regional and regulatory restrictions. Users residing in the European Economic Area are not eligible to register for events or receive rewards. Additionally, participants from India, Vietnam, and the Philippines are excluded from receiving rewards related to Bybit Pay tasks. Further country and regional restrictions apply in accordance with Bybit policies.
Why This Matters: Impact, Industry Trends & Expert Insights
Bybit’s launch of the ‘Fiat-to-Crypto Frenzy’ campaign with a 97,200 USDT reward pool for new users is a strategic move to increase user engagement and trading activity on its platform. The initiative highlights the growing importance of fiat-to-crypto services in the cryptocurrency exchange market.
Recent industry reports indicate a significant trend towards stablecoin adoption and compliance under new regulatory frameworks. This aligns with Bybit’s campaign, which facilitates easy access to cryptocurrencies using local fiat currencies, thus enhancing the platform’s appeal to new users.
According to Blockchain App Factory, effective crypto exchange marketing strategies in 2026 focus on compliance-driven approaches and utility-focused messaging. This supports Bybit’s emphasis on practical user benefits and streamlined onboarding processes in its current campaign.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
