Bybit Launches New Rewards Program for Bybit Card
Cryptocurrency exchange Bybit has introduced a new rewards program for its Bybit Card, specifically targeting holders of other crypto cards. The program aims to onboard users by offering up to €25 in card bonuses to the first 10,000 participants who switch to Bybit Card.
To qualify for the rewards program, users must apply for a Bybit Card through the landing page. Successful applicants will receive €10, with an additional €5 unlocked after their first transaction. Depositing at least €100 on the Bybit exchange for the first time will unlock an extra €10.
The Bybit Card also features a referral program. Referrers earn a 20 USDT airdrop for each successful referral after the first transaction, while referees receive 10 USDT after their first transaction. Referring new users also unlocks VIP tier benefits, starting at VIP1 after five referrals and escalating to VIP3 after 50 referrals.
VIP Benefits and Rebates
VIP cardholders enjoy various benefits and rebates. As users progress through the VIP tiers, they unlock escalating tiers of reward points and higher reward points caps. The top-tier VIP Supreme level offers a 50x multiplier and a monthly cap of 300,000 reward points.
VIP users also have access to rebates through the Trading Pack and Social Media Pack. The Trading Pack provides rebates on subscriptions to professional trading tools like 3Commas and TradingView. The Social Media Pack offers rebates on subscriptions to Telegram Premium and X Blue.
Trading pack rebates increase with higher VIP membership tiers, ranging from €15/7,500 points at VIP2 and 3 levels to €60/30,000 points at VIP 5 and above.
What is Bybit Card?
The Bybit Card is a crypto debit card that allows users to spend funds directly from their Bybit account at any location accepting Mastercard Debit, paying in EUR. Supported cryptocurrencies include Bitcoin, Ethereum, XRP, and the USDT and USDC stablecoins.
The card offers benefits such as no annual or inactivity fees, ATM withdrawals up to €2,000, and a maximum daily spend of up to €5,000.
Cardholders can also take advantage of the Auto-Savings Function, which allows them to earn interest on idle assets with up to 8% APY while still having immediate access to spend through the Bybit Card. The feature combines crypto staking benefits with the flexibility of instant fund availability.
The Bybit Card features low fees, including a 0.9% crypto conversion fee and a 0.5% foreign exchange fee on top of Mastercard’s Foreign Exchange Rate.
Rewards Program
In addition to its other features, the Bybit Card offers a comprehensive rewards program. Users earn reward points as they progress through the VIP tiers, with rewards including bonuses, coupons, fee discounts, NFTs, airdrops, gift cards for brands like Amazon and Spotify, and exclusive Bybit merchandise.
The Bybit Card is currently available to Bybit users in the EEA region.
Hot Take: Bybit Launches New Rewards Program for Bybit Card
Cryptocurrency exchange Bybit has introduced an enticing rewards program for its Bybit Card aimed at attracting users of other crypto cards. This program offers up to €25 in card bonuses for the first 10,000 participants who switch to Bybit Card. Additionally, Bybit Card users can benefit from the referral program, VIP tier benefits, and various rebates. The card itself provides the convenience of spending funds directly from a Bybit account and offers features like the Auto-Savings Function and low fees. With its wide-ranging rewards program, including trading boosters and exclusive merchandise, the Bybit Card aims to provide a comprehensive and rewarding experience for its users.
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