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Bybit Card Launches Lucky Draw with Tesla Grand Prize

23 May 2025
in Crypto, News
Reading Time: 3 mins read
107 1
Home News Crypto

Bybit has launched a new lucky draw promotion for users of its Bybit Card, offering guaranteed rewards for all participants and the chance to win a grand prize worth 35,000 USDT, equivalent to the price of a Tesla Model 3.

Running through June 22, 2025, the promotion invites eligible users to sign up and spend with their Bybit Card to earn entries. For every $10 spent, cardholders receive one lucky draw ticket, ensuring everyone wins a prize from a 40,000 USDT reward pool distributed in BTC, USDT, and PEPE tokens.

In addition to the lucky draw, new cardholders enjoy extra perks, including a 50% cashback (up to 2.5 USDT) on their first $5 spent. Once approved, users receive an instant virtual card that grants immediate access to the lucky draw and full Bybit Card features. The card offers crypto convenience with worldwide Mastercard support for payments and ATM withdrawals, no annual fees, cashback rewards of up to 10%, and competitive APRs of up to 8%. Cardholders also benefit from rebates with popular partners like Netflix and Spotify, airport lounge access, early-bird tickets to Tomorrowland Brasil 2025, and support for multiple cryptocurrencies, including USDC, USDT, BTC, ETH, and AVAX.

Meanwhile, Bybit continues to expand its offerings beyond crypto payments. The exchange recently launched direct trading of top global stocks using USDT as part of its growing Gold & Forex (MT5) product suite. This new feature unlocks access to 78 highly sought-after equities—including Apple ($AAPL), Tesla ($TSLA), Meta ($META), Nvidia ($NVDA), and Amazon ($AMZN)—allowing users to trade traditional assets like stocks, gold, oil, indices, and forex without needing fiat onboarding or leaving the crypto ecosystem.

We’ve recently launched stock trading on Bybit Gold & FX — and here’s what that means!

▶️ This is a CFD (Contract for Difference) product.
▶️ Similar to contract trading, you don’t own the actual asset.
▶️ CFDs let you go long or short with up to 5x leverage.
▶️ You’re trading…

— Bybit (@Bybit_Official) May 20, 2025

Adding to its innovative streak, Bybit is also set to debut “Chicken Trader,” the world’s first livestream crypto showdown powered by poultry. Scheduled for May 23 at 8:00 AM UTC on Bybit Live, this unique event puts professional traders’ reputations on the line as their chickens compete for dominance, combining entertainment with high-stakes trading excitement.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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