Cryptocurrency March 17, 2026

Bybit Rolls Out 'Queen of P2P' Referral Push in Southeast Asia With USDT Rewards

Limited-time campaign runs through April 13, 2026, offering referral-based USDT incentives and milestone prizes to verified users in the region

By Marcus Reed
Bybit Rolls Out 'Queen of P2P' Referral Push in Southeast Asia With USDT Rewards

Bybit has introduced the "Queen of P2P: March Referral Extravaganza," a referral campaign aimed at expanding its peer-to-peer trading network across Southeast Asia. Running through April 13, 2026, the promotion offers qualified participants chances to win up to 100 USDT in a Lucky Draw and tiered USDT awards for users who recruit multiple verified referees, subject to specific purchase and trading volume requirements.

Key Points

  • Bybit launched the "Queen of P2P: March Referral Extravaganza" in Southeast Asia, running through April 13, 2026, to grow its P2P trading ecosystem.
  • To qualify for rewards, referees must purchase at least 150 USDT on Bybit P2P and both referrer and referee must reach at least 50 USDT in Spot or Futures trading volume.
  • The campaign features a Lucky Draw with two winning referrer-referee pairs eligible for 100 USDT each, plus a Networker track that awards milestone-based USDT prizes to users who refer many new sign-ups.

Bybit has launched a limited-time referral program targeting Southeast Asia as part of a broader effort to expand its peer-to-peer (P2P) trading footprint in the region. Branded "Queen of P2P: March Referral Extravaganza," the promotion runs through April 13, 2026, and is structured to reward users who bring new customers into the Bybit P2P marketplace.

The campaign centers on community-driven growth: registered participants use their Bybit referral link to invite new users to the platform. To become eligible for rewards, referees must complete a purchase of at least 150 USDT through Bybit P2P. In addition, both the referrer and the referee are required to post a minimum of 50 USDT in trading volume on Spot or Futures markets.

The initiative offers two separate reward tracks.

  • Lucky Draw - Selected referees will be entered into a draw with the chance to receive 100 USDT. Their corresponding referrers are paired with them in the draw, and those referrers will also have a chance to receive 100 USDT. The Lucky Draw will produce two winning referrer-referee pairs in total.
  • Networker - This track recognizes users who bring multiple successful referrals. Rewards are allocated by referral milestones as follows: 150 or more referrals qualifies for 150 USDT (five winners); 100 to 149 referrals qualifies for 100 USDT (five winners); and 50 to 99 referrals qualifies for 50 USDT (five winners). Each participant is eligible to receive a single reward, determined by the highest milestone reached.

Participation requirements are explicit. Only verified users located in Southeast Asia are eligible to take part. Registration for the campaign must be completed within the active promotional period to qualify. The campaign specifies that an "eligible referee" is a new user who signs up through a referral link, executes a P2P purchase of at least 150 USDT on Bybit, and attains at least 50 USDT in Spot or Futures trading volume.

Bybit states the promotion is designed to accelerate adoption of P2P trading across Southeast Asia and to stimulate broader crypto usage through person-to-person referrals. The campaign ties direct financial incentives to both onboarding activity and subsequent trading engagement, combining an initial purchase threshold with continued trading volume requirements for both parties.

About Bybit

Bybit is described as the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, the company says it focuses on building an open and equal ecosystem for Web3 participants, partnering with blockchain protocols to support on-chain infrastructure. Bybit highlights its custody services, marketplaces, user experience, and blockchain tools as elements that bridge traditional finance and decentralized finance.

For media inquiries related to the campaign, the contact provided is [email protected], with Tony Au listed as Head of PR for Bybit.


Observers evaluating the program should note the campaign’s dual emphasis on recruitment and trading activity. The structure rewards both isolated onboarding events through the Lucky Draw and scaled referral programs through tiered Networker awards. The eligibility thresholds and the limited number of winners in each category make reward conveyance contingent on meeting specified purchase and trading volume conditions.

Risks

  • Eligibility limits participation to verified users in Southeast Asia and requires registration within the campaign period - this restricts the potential pool of participants and may limit program reach.
  • Rewards are limited in number and contingent on meeting purchase and trading volume thresholds, which could reduce the number of actual winners despite broad participation.
  • The campaign ties incentives to trading volume on Spot or Futures, which may concentrate impact on crypto trading and fintech activity rather than broader consumer payment or remittance sectors.

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