DUBAI, UAE — March 23, 2026
Executive Summary
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced a limited-time promotional campaign exclusively for users in Peru, offering participants the opportunity to earn up to 17 USDT in rewards. The campaign is structured around Peruvian sol (PEN) fiat deposits and corresponding cryptocurrency trading activity, with rewards distributed based on defined deposit and trading milestones.
The promotion is currently active and will run through April 3, 2026, with participation limited to users in Peru who meet platform verification requirements. Through this initiative, Bybit is facilitating increased engagement with its platform by aligning fiat onboarding with trading activity. The campaign reflects the company’s continued rollout of localized services and incentives in Latin America, with a focus on integrating regional currencies into digital asset ecosystems.
Announcement Overview
Bybit has formally launched a Peru-specific promotional campaign designed to incentivize both fiat deposits in Peruvian sol (PEN) and cryptocurrency trading activity on its platform. The promotion offers tiered USDT rewards, allowing users to earn incremental benefits based on the completion of defined deposit and trading volume thresholds.
The campaign began on March 23, 2026, and will remain active until April 3, 2026, providing a limited participation window. Eligible users can complete a series of independent reward tasks, each tied to specific deposit amounts and trading activity levels. These tasks can be completed in any order, with each task contributing toward the cumulative maximum reward.
The initiative is available exclusively to verified users in Peru, reinforcing Bybit’s localized engagement strategy in the Latin American market. The campaign also aligns with the company’s broader approach of integrating regional fiat currencies into its trading ecosystem to support accessibility and participation.
Key Announcement Details
- Announcement Type: Peru-exclusive promotional campaign for crypto deposits and trading
- Company: Bybit
- Company Positioning: World’s second-largest cryptocurrency exchange by trading volume
- News Provider: Bybit
- Announcement Date: March 23, 2026
- Dateline Location: Dubai, UAE
- Campaign Nature: Limited-time promotional campaign
- Campaign Objective: Incentivize fiat deposits and cryptocurrency trading activity
- Maximum Reward: Up to 17 USDT per user
- Reward Currency: USDT (Tether)
Campaign Timeline
- Campaign Start Date: March 23, 2026
- Campaign End Date: April 3, 2026
- Campaign Duration: Fixed promotional window
- Activity Requirement Window: All tasks must be completed within campaign period
Geographic and User Scope
- Geographic Eligibility: Peru only
- User Eligibility: Bybit users located in Peru
- Verification Requirement (Individual): Individual Identity Verification Level 1
- Verification Requirement (Business): Business Verification
- Eligible Participant Type: Verified retail and business users
Participation Structure
- Participation Model: Task-based reward system
- Task Independence: Each task is independent
- Task Completion Limit: Each task can be completed once per user
- Task Order Flexibility: Tasks can be completed in any order
- Qualification Rule: Must meet both deposit and trading requirements per task
- Disqualification Condition: Failure to meet either requirement voids eligibility for that tier
Financial Activity Requirements
- Deposit Currency: Peruvian sol (PEN)
- Deposit Type: Fiat deposits
- Trading Requirement: Cryptocurrency trading activity
- Trading Measurement Unit: USDT-equivalent trading volume
Tiered Reward Breakdown
Tier 1
- Minimum Deposit: PEN 400
- Minimum Trading Volume: 100 USDT
- Reward: 2 USDT
Tier 2
- Minimum Deposit: PEN 2,000
- Minimum Trading Volume: 500 USDT
- Reward: 5 USDT
Tier 3
- Minimum Deposit: PEN 4,000
- Minimum Trading Volume: 1,000 USDT
- Reward: 10 USDT
Combined Reward Mechanics
- Maximum Total Reward Condition: Completion of all three tiers
- Maximum Total Reward Value: 17 USDT
- Reward Accumulation Model: Additive across tiers
Reward Distribution and Claim
- Distribution Method: Bybit Rewards Hub
- Distribution Timeline: Within 14 working days after campaign ends
- Claim Requirement: Users must claim rewards
- Claim Window: 14 days from reward distribution
- Unclaimed Reward Condition: Not specified beyond claim window expiry
Platform and Product Integration
- Fiat On-Ramp: Enabled via PEN deposits
- Trading Platform: Bybit cryptocurrency exchange
- Rewards System: Bybit Rewards Hub
- Payment Solution: Bybit Pay
Local Payment Infrastructure (Peru)
- Supported Local Wallets: Yape
- Supported Local Wallets: Plin
- Payment Mechanism: Crypto converted to PEN at point of transaction
- User Experience Goal: Use familiar mobile payment methods
- Integration Type: Local digital wallet integration
Regional Strategy and Expansion
- Regional Focus: Latin America
- Countries Referenced: Peru, Colombia, Chile
- Strategic Objective: Expand access to digital asset services
- Adoption Focus: Increasing crypto adoption across LATAM
- Infrastructure Strategy: Build regional financial and blockchain infrastructure
- Service Localization: Local currency support and payment integrations
Leadership Attribution
- Spokesperson: Patricio Mesri
- Role: Country Manager, Spanish-speaking LATAM
- Company: Bybit
- Statement Theme: Crypto adoption acceleration and regional infrastructure development
Technology and Infrastructure Positioning
- Core Technology Focus: Blockchain and digital asset infrastructure
- Operational Focus: Connecting blockchain with real economy
- Product Focus: Digital asset services and crypto usability
- User Accessibility Goal: Simplify everyday use of digital assets
Company Information
- Company Name: Bybit
- Founded: 2018
- Global User Base: Over 80 million users
- Core Market: Cryptocurrency exchange and Web3 ecosystem
- Primary Services:
- Crypto trading
- Web3 infrastructure
- Blockchain tools
- Digital asset custody
- Ecosystem Focus: Decentralized finance (DeFi) and Web3
- Strategic Partnerships: Blockchain protocol collaborations
- Platform Features:
- Secure custody
- Diverse marketplaces
- Intuitive user experience
- Advanced blockchain tools
Social Channels
Promotion Structure and Reward Mechanism
The promotional campaign is structured around a tiered reward system, where users can earn USDT incentives by completing specific combinations of deposit thresholds and trading volume requirements. Each task is independent and may be completed in any sequence during the campaign period.
Tier 1 Requirement
- Minimum Deposit: PEN 400
- Minimum Trading Volume: 100 USDT
- Reward: 2 USDT
Tier 2 Requirement
- Minimum Deposit: PEN 2,000
- Minimum Trading Volume: 500 USDT
- Reward: 5 USDT
Tier 3 Requirement
- Minimum Deposit: PEN 4,000
- Minimum Trading Volume: 1,000 USDT
- Reward: 10 USDT
Each of these tasks can be completed once per user, and users are not restricted to completing them in a specific order. Participants who successfully complete all three tasks during the promotional window may receive a maximum combined reward of 17 USDT.
The campaign is designed to link fiat onboarding activity with trading engagement, ensuring that both deposit and transactional participation are required to unlock rewards.
Participation Requirements and Eligibility Criteria
The campaign is open exclusively to users in Peru, with participation contingent upon meeting specific verification requirements on the Bybit platform.
Eligibility Conditions
- Users must be located in Peru
- Users must have completed either:
- Individual Identity Verification Level 1, or
- Business Verification
- Participants must fulfill both deposit and trading requirements for each reward tier
- All qualifying actions must occur within the campaign period
The structure ensures that only verified participants engaging in both fiat and trading activities are eligible for rewards.
Reward Distribution and Claim Process
Bybit has outlined a clear timeline for the distribution and claiming of rewards associated with the promotion.
- Distribution Timeline: Rewards will be credited within 14 working days after April 3, 2026
- Reward Destination: Users’ Rewards Hub accounts
- Claim Period: Users will have 14 days from the time of distribution to claim their rewards
Failure to claim rewards within the designated period may result in forfeiture, as per the campaign’s operational framework.
Regional Focus and Market Expansion in Latin America
The Peru-exclusive campaign is part of Bybit’s broader efforts to expand its presence across Latin America, with particular attention to enabling access to digital asset services through localized infrastructure and payment integrations.
According to the company, recent expansion efforts have included activity in Peru, Colombia, and Chile, where demand for cryptocurrency services continues to evolve. The campaign reflects a localized approach that integrates regional currencies such as PEN into the platform’s broader ecosystem.
Bybit’s approach emphasizes the use of fiat gateways and localized payment methods, allowing users to interact with digital assets through familiar financial systems.
Leadership Commentary
Patricio Mesri, Country Manager for Spanish-speaking LATAM at Bybit, provided commentary on the campaign and its relevance to the company’s 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. We are building regional infrastructure, and this is only the beginning.”
The statement reflects the company’s positioning of the campaign within a broader framework of regional infrastructure development and accessibility.
Localized Payment Integration in Peru
As part of its expansion strategy in Peru, Bybit has introduced localized payment capabilities through its Bybit Pay solution.
This system enables users to conduct transactions using:
- Yape
- Plin
These are widely used digital wallet platforms in Peru, allowing users to interact with cryptocurrency services through familiar mobile payment interfaces.
The integration allows:
- Cryptocurrency to be converted into Peruvian sol at the point of transaction
- Payments to be completed using locally recognized financial tools
- Enhanced accessibility for users transitioning from traditional finance to digital assets
This approach reflects Bybit’s strategy of aligning cryptocurrency services with existing financial behaviors and payment ecosystems in local markets.
Platform Capabilities and Infrastructure
Bybit operates as a global cryptocurrency exchange providing a range of services across trading, custody, and blockchain-based financial tools.
The platform supports:
- Cryptocurrency trading markets
- Fiat onboarding mechanisms
- Digital asset custody solutions
- Web3 ecosystem integrations
The Peru promotion is structured to leverage these capabilities by combining fiat entry points with trading participation, allowing users to engage with the platform through both traditional and digital financial channels.
Campaign Objectives and Operational Alignment
The promotion is aligned with several operational objectives outlined by the company:
- Encouraging fiat deposits using local currency (PEN)
- Increasing trading activity on the platform
- Expanding user participation in targeted regional markets
- Supporting localized onboarding and engagement strategies
The campaign’s design ensures that participation requires both capital inflow (deposit) and platform interaction (trading), creating a dual engagement model.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global user base of over 80 million users.
Founded in 2018, the company focuses on building an open and accessible ecosystem within the digital asset and decentralized finance (DeFi) landscape. Bybit provides a range of services designed to support trading, asset management, and blockchain-based innovation.
The platform is recognized for:
- Secure custody infrastructure
- Diverse trading marketplaces
- User-focused interface design
- Advanced blockchain tools
Bybit maintains a strong emphasis on Web3 development, working in collaboration with blockchain protocols to support on-chain innovation and infrastructure growth.
The company’s ecosystem is designed to bridge traditional finance (TradFi) and decentralized finance (DeFi), enabling participation from a wide range of users, including builders, creators, and digital asset participants.
More information is available at Bybit.com.
Media Contact
For additional information, visit bybit.com.
Source Attribution
Source: Company announcement