Bybit offers a loyalty program to express gratitude for your continued support. You can earn Rewards Points when you use Bybit Card or Bybit Pay for purchases. These points can be redeemed for a variety of items, including Bonuses, Fee savers, and exclusive merchandise available on the Reward Market. Additionally, they can be used to receive cashback!

Spending from both payment methods is combined into a single total. The Rewards Points on the Points Mall page reflect the total earned from both Bybit Card and Bybit Pay transactions. 

How to earn Reward Points?

You will receive varying point multipliers and monthly caps based on your total transaction volume within a month or VIP level when making purchases on the Feature Shop or making payments to a merchant using Bybit Pay. 

Points earned will accrue and be in pending status for 3 days after the transaction is completed, after which they will be converted into available Rewards Points and ready for redemption at our Rewards Market. You can also opt to turn on Auto Cashback to receive the rewards automatically. 

To learn more about the variations in points across different Tiers and VIP Levels, kindly refer to the tables below:

Notes: 

• VIP users can enjoy points multiplier and cashback benefits directly based on their VIP level, without meeting the respective monthly spending threshold necessary to qualify for tier upgrades.

• For additional information on becoming a VIP, please refer to this article. 

• Please note that your rewards points amount will be determined by applying the multiplier to your Spending amount. 

• The value in the rewards market is determined by the following formula: [(Transaction amount/currency point equivalent ) * multiplier] / 500 conversion rate

• Cashback (USDT) is determined by multiplying the accumulated points by 0.002.

• Please ensure you turn on the Auto Cashback button to receive the cashback automatically in your Funding Account. For a detailed guide, please refer to this guide. 

How does Tier Promotion work?

All users are automatically assigned a default Tier based on their account type. Please refer to the table and examples below:

Examples

Scenario A

On April 1, a non-VIP user starts at Tier 1 (Base).

On April 2, they make a pending transaction of 2,000 USD.

On April 3, the transaction is confirmed.

On April 4, the user is upgraded to Tier 2 (Beta), effective from April 4 to May 31. 

Scenario B

In the program, a VIP 3 user will start at Tier 3 (Alpha) with a 4% cashback rate.

If their spending in the last month does not reach a higher tier (Tier 4 or 5), they continue to earn 4% cashback. 

If their monthly spending qualifies for a higher tier (e.g., Tier 4), they are rewarded with a 6% cashback rate, effective through the next calendar month.

Scenario C

In the first month, a non-VIP and a VIP 4 user spent 25,000 USD and unlocked Tier 6 (Infinite) with a cashback rate of 10% 

In the second month, both users will enjoy the 10% cashback until the end of that month. After that, both users spent a total of 6,000 USD respectively in this month. 

In the next month, the non-VIP user will be downgraded to Tier 3 (Alpha) due to not meeting the monthly spending threshold for Tier 6. Whilst, the VIP 4 user will be downgraded to Tier 4 (Apex), enjoying the 6% cashback based on their VIP status. 

We’ll continue to update the Bybit Pay Rewards Program to ensure it is relevant to you, so do check back here occasionally to learn more about how we are making your Bybit Pay transactions more rewarding!

If you would like to learn more about the Bybit Card Rewards Program, please find the related articles here.