Bybit EU distributes 150,000 USDC in new Back on Track campaign

Bybit EU will launch a new campaign after the summer in which users can collectively claim 150,000 USDC in rewards. The campaign combines rewards for holding USDC with a separate prize pool for spot trading. New customers can also receive a welcome bonus of €30. The campaign runs from 27 August at 10:00 to 15 September at 10:00.

Up to 300% APR for holding USDC

The bulk of the campaign centres on USDC. Bybit EU has reserved a reward pool of 120,000 USDC for this.

Users must hold a certain average USDC balance over 14 days. According to Bybit, the funds do not need to be locked up for a fixed period. How much someone can receive depends on the average balance.

With a balance from 100 USDC, an APR boost of 300% applies, with a maximum of 12 USDC in rewards. From 500 USDC, this is 150% and a maximum of 30 USDC. Those who hold at least 1,000 USDC can receive up to 50 USDC with 120% APR.

The highest level starts at 5,000 USDC. There, an APR of 50% applies, with the maximum reward coming to 100 USDC.

Bybit is also linking the campaign to its payment card. Funds linked to the Bybit Card but not spent can also earn APR.

Also 30,000 USDC available for spot trading

In addition to holding USDC, users can collect rewards by trading on the spot market. For this part, Bybit EU is making a separate prize pool of 30,000 USDC available.

For every $10 of trading volume, a participant receives one point. At least 50 points are needed to share in the prize pool. The final reward then depends on the number of points collected relative to the total number of points of all participants.

Bybit also mentions two ways to actively use funds. Users can link their balance to the Bybit Card or set up a DCA Bot, which automatically executes transactions periodically.

New customers get extra welcome bonus

New users can also claim a welcome bonus of €30 during the campaign period. This means the campaign is not only aimed at existing traders, but Bybit EU is also trying to attract new European customers.

The Back on Track campaign runs until 15 September at 10:00. The exact terms, participation requirements and available rewards can be found on the official campaign page of Bybit EU.