Bybit Launches Exclusive Promotion in Kenya with 8,000 USDT Prize Pool

Bybit, a global cryptocurrency exchange, has announced an exclusive promotion in Kenya aimed at boosting the adoption of its payment solution, Bybit Pay. The initiative offers a prize pool of 8,000 USDT to eligible users who complete specific tasks on Bybit Pay.

The promotion targets both P2P users and merchants, with two reward tracks: one for takers and another for makers. For takers, rewards range from $5 to $10 for completing simple deposit and spending tasks on Bybit Pay, starting at a minimum value of $100. Merchants can earn up to $80 in rewards by achieving specific sell volume and referral milestones.

The launch of Bybit Pay in Kenya is seen as a strategic move by the exchange, given the country's strong mobile money infrastructure and high adoption rate of cryptocurrencies. According to Bybit, Kenya's youth-driven growth and mature electronic money ecosystem make it an ideal market for its payment solution.