Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to launch a new and unified rewards system combining user spending across Bybit Pay and Bybit Card, delivering faster tier upgrades, higher cashback payoff, and instant benefit activation.
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Brand new on Bybit Pay and an upgrade on Bybit Card, the new rewards program offers one rewards track and two ways to spend. Users may switch between Bybit Pay and Bybit Card based on preferences, take advantage of the latest promotions on respective platforms, and put their rewards ambition on the fast track.
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The upgrade stems from customer insights into customers’ spending styles of both products: traditionally categorized by VIP level, user rewards are now based on spending volume across product lines to better reflect individual usage and maximize cashback potential.
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In addition to maximum flexibility and enhanced benefits potential, the mechanism elevates rewards experience in every possible way:
- Centralized Rewards Program: Every transaction counts, no matter the platform. Users now earn rewards from both Bybit Card purchases and Pay transactions in one consolidated system, maximizing earning potential across all eligible spending activities.
- New User Offer: To mark the new rewards combo, the first 10,000 eligible Bybit Card users will receive a special welcome bonus of $5 worth of BTC for their first $10 transaction, and Bybit Pay users stand to earn 50% cashback on their first transaction from Bybit Pay Marketplace partner stores.
- Instant Tier Upgrades: Gone are the month-long waits for tier advancement, no more marking the next statement date. Users who reach spending thresholds are automatically upgraded to the next tier by the next business day after transaction confirmation, which means they may climb up the tier ladder faster, thereby availing them to higher cashback rates sooner until the end of the next calendar month.
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Source : prnewswire
