Bybit, the world's second-largest cryptocurrency exchange, and Tether, the largest digital asset company, have jointly launched a major promotional campaign called the "Golden Month Giveaway." The month-long referral and trading initiative, running through March 25, 2026, features a combined reward pool of $1 million and is centered on gold-backed digital assets.
The campaign is designed to drive user engagement amid heightened market volatility, as investors increasingly seek assets tied to real-world value. Participants can earn up to $30 per qualified referral to join Bybit, along with entries into a Lucky Draw for a chance to win prizes including up to 1 ounce of gold, paid in XAUT (Tether's tokenized gold product). Every eligible entry receives a guaranteed reward.
In addition to the giveaway, users gain access to up to $10 million in stablecoin-based fixed-income opportunities, designed to offer more predictable yield during periods of market uncertainty. A limited-time 12% APR XAUT earn product will also be available for 21 days during the campaign, offering enhanced yield opportunities.
The initiative reflects a shared strategic focus from Bybit and Tether on stability-oriented products backed by physical gold. Bybit, serving over 80 million users globally, stated that through such initiatives and its expanding stablecoin Earn programs, it continues to invest in gold-backed and yield-focused tools to help users stay resilient across market cycles.
