Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced two separate promotional campaigns aimed at boosting user engagement and regional adoption. The first is a global "Spring Blossom" event featuring a 15,500 USDT prize pool, while the second is a Peru-exclusive promotion offering up to 17 USDT in rewards for local currency deposits and trading.
The Spring Blossom event is a limited-time campaign running from March 23, 2026, until April 20, 2026. Participants can accumulate lucky draw entries for the prize pool by completing three simple tasks: making fiat deposits through supported methods like P2P Trading, Fiat Deposit, and One-Click Buy (earning up to 7 chances); engaging in eligible trading activities to reach volume milestones (earning up to 4 chances); and referring friends to the platform (earning 1 chance per successful referral). The exchange emphasizes this initiative as part of its commitment to fostering community growth during the spring season.
Simultaneously, Bybit has launched a targeted promotion for users in Peru, running from March 24, 2026, through April 3, 2026. This campaign offers tiered USDT rewards for completing specific deposit and trading volume milestones using Peruvian sol (PEN). Users can earn 2 USDT for depositing at least PEN 400 and trading 100 USDT, 5 USDT for a PEN 2,000 deposit and 500 USDT in trading volume, and 10 USDT for a PEN 4,000 deposit and 1,000 USDT trading volume. Completing all three tasks yields a maximum combined reward of 17 USDT. The promotion is exclusive to verified users in Peru.
Patricio Mesri, Country Manager for Spanish-speaking LATAM at Bybit, commented on the regional strategy: "Our expansion into Peru, Colombia, and Chile highlights how quickly crypto adoption is accelerating across Latin America. By supporting local currencies, we connect blockchain technology with the real economy and make digital assets easier to use in everyday life." He noted that Bybit has introduced crypto payment capabilities in Peru through Bybit Pay, integrating with popular local digital wallets like Yape and Plin.
Rewards for the Peru promotion will be distributed to users' Rewards Hub accounts within 14 working days after the event concludes, with a 14-day claim window. Both campaigns require participants to adhere to specific terms and conditions outlined by the exchange.