Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced its AED Fiat Referral Boost campaign, a strategic move to deepen its local presence in the UAE. Running until April 26, 2026, the initiative targets both new and existing users, offering a 7,500 USDT prize pool to drive AED deposits through its regulated local fiat channels.
Quick Facts
- Campaign runs until April 26, 2026.
- Total prize pool is 7,500 USDT.
- Valid for users under the CMA license.
Incentivizing Local Crypto Adoption
The campaign focuses on driving user acquisition and engagement by rewarding individuals who deposit AED directly into their Bybit accounts. The structure offers layered rewards to capture a range of retail investors, from casual traders to high-volume depositors, while encouraging existing users to invite new participants.
Through the first-deposit reward mechanism, existing users earn 5 USDT for every qualified new user they bring onto the platform, capped at ten referrals. Simultaneously, newly onboarded users receive a 10 USDT bonus after completing an initial deposit of AED 500 or more.
Tiered Rewards and the Referrer Leaderboard
To attract heavier capital inflows, Bybit structured a high-intent deposit booster for users making substantial financial commitments. Depositors can unlock up to 30 USDT by transferring AED 10,000 or more, with tiered payouts activating at the AED 2,000, AED 4,000, and AED 8,000 marks.
A competitive leaderboard further gamifies the user acquisition strategy. The top three referrers who onboard the most qualified AED depositors will secure additional prizes of 300 USDT, 200 USDT, and 100 USDT. Participation requires users to have joined Bybit on or after January 19, 2026, and the promotion excludes residents of Dubai.
About Bybit
Headquartered in the UAE since 2022, Bybit is a global cryptocurrency exchange that secured the UAE’s first Virtual Asset Platform Operator License from the Capital Market Authority (CMA) in 2025. The platform provides a growing suite of regulated digital asset solutions, focusing on expanding financial accessibility and robust local fiat integration for crypto investors across the region.
Source: MEA Tech Watch
