Bybit Reopens Fiat-to-Crypto Rewards With 80,000 USDT in Weekly Prizes
Bybit has relaunched a promotional campaign offering 80,000 USDT in weekly prizes for users buying cryptocurrency through fiat.
Bybit has relaunched a promotional campaign offering 80,000 USDT in weekly prizes for users buying cryptocurrency through fiat. Tether (USDT) is trading at ₹94 ($0.9991). This is an original Token Times brief based on reporting by Bitcoin World, with live market data added, as of Fri, 13 Nov 2026 00:30:01 UTC.
The campaign seeks to simplify the process of entering crypto through fiat purchases while introducing a rewards mechanism tied to on-ramp activity. Its significance is limited to Bybit’s customer acquisition efforts and does not represent a broader change to crypto market fundamentals.
- Bybit relaunched its Fiat-to-Crypto Frenzy rewards campaign.
- The advertised prize pool is 80,000 USDT in weekly rewards.
- USDT trades near $1, with a $175.71B market capitalization.
- Total crypto market capitalization stands at $2.46T amid a broad downturn.
Bybit has relaunched its Fiat-to-Crypto Frenzy campaign, a promotional initiative centered on purchasing crypto with fiat and receiving a share of 80,000 USDT in weekly prizes. The announcement came through a PR Newswire release carried by 
Bitcoin World, making this a single-source report without independent outlet corroboration.
The campaign is positioned as a way to simplify the fiat-to-crypto on-ramp for Bybit users. Bitcoin World’s syndication summary also identifies Bybit as a financial platform with more than 80 million users worldwide, although that figure reflects the company’s description rather than an independently verified metric in the supplied material. The available coverage does not specify prize distribution rules, qualifying transaction sizes, campaign duration, or eligible jurisdictions.
Live market data show 
Tether trading at $0.999036, down 0.02% over 24 hours and up 0.01% over seven days. Its reported market capitalization is $175.71B, while DeFiLlama places USDT’s circulating supply at $175.64B, a small difference consistent with the distinction between the supplied supply and market-cap measures.
The broader crypto market is under pressure: total capitalization is $2.46T, the market is broadly down, and Bitcoin has fallen 3.41% over 24 hours. The Fear & Greed index stands at 28, placing sentiment in the “Fear” category. In that setting, the campaign targets new fiat-funded crypto activity, but the announcement does not provide evidence of an immediate effect on trading volumes, token demand, or market direction.
Since this brief published about 6 hours ago, Tether (USDT) has moved from ₹94.00$0.999 to ₹94.00$0.9991 — +0.00%.
The chart plots USDT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDT ≈ ₹99.48 (about $0.9991), down 0.0% over 24 hours. The rupee itself trades about 5.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 12, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Bybit Reopens Fiat-to-Crypto Rewards With 80,000 USDT in Wee — questions & answers
What has Bybit relaunched?
Bybit has relaunched its Fiat-to-Crypto Frenzy, a rewards campaign offering 80,000 USDT in weekly prizes for crypto purchases made through fiat.
How large is the advertised prize pool?
The campaign offers 80,000 USDT in prizes distributed through weekly rewards.
How is USDT trading?
USDT is priced at $0.999036, down 0.02% over 24 hours and up 0.01% over seven days.
How much is 1 Tether worth in rupee today?
About ₹99.48 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9991. The rupee price moves with both USDT's US-dollar price and the USDT/INR rate; use our Tether in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin World. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.