Bybit’s Token Splash event is a fantastic opportunity to earn rewards by exploring and trading new tokens. This event showcases newly listed tokens, making it ideal for those interested in getting early access and earning rewards along the way. Here’s a step-by-step guide on how to participate, complete the required verification, and start collecting free tokens.
Step 1: Create Your Bybit Account
To join the Token Splash event, the first step is to set up a Bybit account if you don’t already have one. Visit the Bybit website and select “Register” to create a new account. You’ll need to provide basic details like your email address and set a secure password. Follow the prompts to verify your email address, and your account will be ready for the next step.
Step 2: Complete Identity Verification (KYC)
Before participating in Token Splash, you need to complete Bybit’s KYC Level 1 identity verification process. This is essential for all participants, as it confirms your identity and helps Bybit maintain a safe platform. To start the KYC process, go to your account settings, find the KYC section, and upload the necessary documents, like a valid government-issued ID. Verification typically takes a few minutes to an hour, depending on Bybit’s current verification times.
Step 3: Register for the Token Splash Event
Once your KYC is approved, you can officially join the Token Splash event. Simply visit the event page on Bybit’s platform and click the “Register Now” button. With registration complete, you’re all set to begin meeting the event requirements to earn rewards.
Step 4: Earning Rewards with Token Splash
To start accumulating rewards, you can engage in various activities:
- Token Deposits: Deposit the relevant token directly into your Bybit account. You need to meet or exceed the minimum deposit amount to qualify. All deposits made via on-chain transfers, P2P, and One-Click Buy options during the event are counted toward your cumulative deposit.
- Spot Trading: Alternatively, you can trade for the relevant tokens on Bybit’s Spot market. Meeting the event’s minimum required trading volume will help you qualify for rewards. You can also deposit USDT and use it to buy the minimum amount of relevant tokens through Spot trading.
- Completing Trading Tasks: For some Token Splash events, Bybit offers additional trading tasks where participants can earn even more. If the event has a task, trade as much as possible to increase your share of the prize pool.
Step 5: Claiming Your Rewards
Once the event concludes, Bybit will distribute rewards to eligible participants’ Funding Accounts within 14 days. Keep in mind that rewards are on a first-come, first-served basis. If the event reaches its reward cap before you finish your task, you may miss out, so join early!
Start Earning with Token Splash!
Token Splash is a user-friendly and rewarding event for Bybit traders who want to explore new tokens. To get started, set up your account, complete KYC, and start trading to earn exclusive rewards. For a step-by-step walkthrough, check out my YouTube video here.