Bybit P2P Turns 4 With 100K USDT Rewards and Lucky Draw

is using its P2P anniversary to push two messages at once: the product is scaling quick, and it wants users to keep choosing it as the easiest on-ramp and off-ramp in volatile markets.

To mark four years of , the platform has launched an anniversary campaign featuring a 100,000 USDT prize pool. The event runs from now until February 8, 2026, 8:00 PM UTC and rewards eligible users through a lucky draw format tied to task completion.

What is Bybit offering for the 4th anniversary?

The anniversary promotion is structured as a lucky draw. Users earn entry tickets by completing tasks, with each task granting one ticket and multiple tasks increasing the odds of winning. Registration is required and eligibility rules apply.

says the prize pool includes a mix of bonuses and P2P coupons, alongside physical items aimed at broader appeal. Rewards include Bybit winter merchandise such as scarves, socks, goggles, and winter buffers, as well as higher-end consumer tech prizes like the Garmin Forerunner 265 fitness watch and the Oura Ring Gen 4 health tracker.

The blend of prizes matters less than the underlying goal: drive repeat participation and keep users active inside the P2P funnel rather than moving liquidity to competing platforms or local payment routes.

Why Bybit P2P has become a serious volume engine

P2P trading tends to look boring until you view the scale. In 2025, Bybit P2P facilitated more than 107 million peer-to-peer transactions totaling over $35 billion in volume, according to the company.

That kind of throughput highlights why P2P matters in emerging markets and in periods of high volatility. For many users, P2P isn’t an “alternative” channel—it’s the main way to move between fiat and crypto without relying on traditional banking rails or restricted card routes.

Bybit’s pitch is that its P2P experience combines direct user-to-user trading with platform-level support and infrastructure. Unlike informal OTC dealing, Bybit positions the product as structured, available 24/7, and supported by a trading stack that can handle large, recurring order flow.

Takeaway

Scale is coming from payments, not just listings

growth claim rests on reach: the platform says Bybit P2P supports more than 65 fiat currencies, operates across 40+ markets, and integrates over 600 payment methods.

That mix is what makes P2P defensible. Token listings are simple to copy. Local payment depth is harder. The more payment options a P2P marketplace supports, the more resilient it becomes when single rails get disrupted or regulated.

Bybit also said its P2P infrastructure supports 300+ cryptocurrencies, adds more than 10 new listings monthly, and facilitates over 100,000 daily P2P orders. Again, the largeger point isn’t the raw count of tokens. It’s the ability to match purchaviewrs and tradeers at scale without liquidity drying up.

The platform also continues to emphasize zero fees for P2P trading. That’s standard across many P2P products, but it remains a key lever for growth when platforms are competing for the identical pool of fiat-to-crypto traffic.

What comes next for Bybit P2P users?

The anniversary campaign runs through February 8, and it’s clahead designed to keep users engaging with the product while Bybit reinforces P2P as part of its broader “accessibility” narrative.

The largeger strategic question is where Bybit takes P2P next. At this scale, P2P can become a sticky backbone product: it feeds new users into spot, then into derivatives, then into higher-margin services. That funnel only works if Bybit continues to protect trust—quick dispute reanswer, reliable counterparties, and smooth settlement across local rails.

As platforms compete harder on execution quality and regional access, P2P growth becomes a proxy for real-world distribution. If Bybit can keep expanding payment coverage while maintaining order quality, the product becomes less of a feature and more of a moat.

Takeaway

Bybit says full terms and conditions apply and users must register to participate. The campaign is now live, with the