Dubai, UAE - Bybit, ranked as the world\'s second-largest cryptocurrency exchange by trading volume, has opened a promotional campaign titled Fiat & Pay Summer Splash that allocates a 25,000 USDT prize pool to eligible participants who meet specific fiat deposit and Bybit Pay transaction criteria during the campaign period.
The promotion went live on July 2, 2026 and will remain active until July 15, 2026 at 10 a.m. UTC. According to the campaign terms, rewards are finite and will be allocated on a first-come, first-served basis.
How the campaign works
Participation requires users to register for the campaign and complete Identity Verification. New users must also create a Bybit account within the event window to qualify. Once registered and verified, participants obtain entries into a lucky draw by meeting qualifying fiat deposit and Bybit Pay spending requirements set out by the campaign.
- Fiat deposit entries: New users who deposit at least 100 USDT through eligible fiat channels receive one lucky-draw entry. Users who deposit 1,000 USDT or more can earn additional entries, with a cap of five qualifying deposit entries available during the promotion.
- Bybit Pay spending entries: New users who spend at least 25 USDT using Bybit Pay are granted one lucky-draw entry. Users who spend at least 50 USDT via Bybit Pay may obtain additional entries, again up to five qualifying spending entries over the course of the campaign.
Eligible fiat deposit channels specified by the promotion include P2P Trading, Fiat Deposit and One-Click Buy. The campaign documentation states that rewards will be placed into participants\' Rewards Hub automatically within 14 working days after the campaign ends, after which recipients must manually claim any distributed rewards.
Eligibility and geographic exclusions
To be eligible for the promotion, users must complete Individual Identity Verification Level 1 or Business Verification and meet all other campaign eligibility conditions. The promotion is explicitly not available to residents of the European Economic Area. In addition, participants from a set of named jurisdictions are not eligible to receive rewards under this promotion; those jurisdictions are: Kenya, Nigeria, South Africa, Georgia, Bangladesh, Indonesia, Egypt, Kyrgyzstan, South Korea, Colombia, Mexico, the Chinese mainland, the Philippines, Thailand and Vietnam.
Operational and distribution details
Bybit has framed the offering as time-limited and subject to supply constraints, with rewards disbursed on a first-come, first-served basis and placed into users\' Rewards Hub within a stated 14-working-day window following the conclusion of the event. After automatic distribution, users will need to manually claim any rewards placed in the Rewards Hub.
About Bybit
Bybit positions itself as The New Financial Platform. The company says it aims to connect users to global financial products by combining investing, trading, payments and wealth-building tools within a single platform. Bybit reports a user base exceeding 80 million and highlights the application of AI-powered technology, deep liquidity, security measures and transparent operations as features of its ecosystem.
For more information, the platform lists its official site Bybit.com and provides a media contact at [email protected]. It also directs interested parties to its communities and social channels, including Discord, Facebook, Instagram, LinkedIn, Reddit, Telegram, TikTok, X and YouTube.
Summary
The Fiat & Pay Summer Splash promotion offers participants a chance to share 25,000 USDT by completing qualifying fiat deposits and Bybit Pay transactions between July 2 and July 15, 2026. Interested users must register, complete required identity verification and meet deposit or spending thresholds to accumulate lucky-draw entries. Rewards are limited, distributed on a first-come, first-served basis and subject to geographic and verification-based exclusions.