Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced a new rewards program that combines the capabilities of Bybit Pay and Bybit Card.
Overview of the New Rewards Program
The new Bybit rewards program allows users to earn cashback on purchases made through both Bybit Pay and Bybit Card. This simplification is based on analyzing customer spending styles, with rewards now distributed based on spending volume rather than VIP level.
Benefits for Users
Key benefits of the new system include:
* **Centralized Rewards Program**: Every transaction counts, regardless of the platform. Users can earn rewards for purchases made through both Bybit Card and Bybit Pay in one consolidation. * **New User Offer**: The first 10,000 users using Bybit Card will receive a $5 BTC bonus for their first $10 transaction. Additionally, Bybit Pay users may receive 50% cashback on their first transaction at partner stores. * **Instant Tier Upgrades**: Users can now quickly transition to the next tier after reaching specific spending thresholds without needing to wait a month.
About Bybit
Founded in 2018, Bybit currently serves more than 70 million users globally. The exchange focuses on creating an open and equal ecosystem in decentralized finance, providing reliable tools and infrastructure for users.
Bybit's new rewards program represents a step forward in the evolution of user offerings, providing faster rewards and an enhanced experience for Bybit Pay and Bybit Card users.
