Rybit Exchange is celebrating the holiday season with a special Christmas promotion, offering users a chance to experience its daily interest-earning feature with a 1,000 USDT trial fund. This limited-time event is designed to help both new and existing users explore the platform’s earning potential in a low-risk environment.
Understanding Rybit Exchange
Rybit is a user-focused cryptocurrency exchange that emphasizes security, transparency, and ease of use. Here’s what makes it stand out:
- Bank-Level Trust Management: User funds are held in trust by KGI Bank, ensuring that fiat deposits are securely managed.
- High Security Standards: The platform has undergone rigorous security testing by Wizlynx Group, a globally recognized cybersecurity firm, to protect against hacking and data breaches.
- Regulatory Compliance: Rybit complies with anti-money laundering (AML) regulations and has filed the required statements with Taiwan’s Financial Supervisory Commission.
- Competitive Exchange Rates: The platform uses a conversion-based trading model, which helps avoid slippage and offers highly competitive rates for crypto swaps.
- Local Currency Support: Users can easily purchase USDT using New Taiwan Dollars (TWD).
- Social Responsibility: Since January 2023, Rybit has donated NT$30 to the Eden Foundation for every new user registered, supporting underprivileged children in remote areas. The platform also features an in-app donation function, making it easy for users to contribute to social causes.
Event Period
The Christmas promotion ran from December 21, 2023, to December 31, 2023.
How to Participate
To qualify for the event, new users were required to:
- Register using an invitation code.
- Deposit TWD equivalent to at least 100 USDT (approximately NT$3,100–NT$3,200 at the time).
👉 Explore secure crypto earning opportunities
Event Benefits: 1,000 USDT Trial Fund
Rybit’s "Earn" feature allows users to earn daily interest on USDT deposits through fixed-term savings products. The platform offers two main options:
- 7-Day Plan: Average annualized interest rate of ~6%.
- 30-Day Plan: Average annualized interest rate of ~10%.
Interest is compounded daily, making it easy to grow crypto holdings passively.
Users who met the participation criteria received a 1,000 USDT trial fund for the 7-day Earn plan, allowing them to earn interest for a week without using their own capital. The trial funds were distributed within 10 business days after the event concluded.
Combining Promotions: VIP Exclusive Benefits
By using a specific invitation code, users could also qualify for Rybit’s VIP exclusive benefits alongside the Christmas promotion. This combination allowed participants to receive a total of 2,500 USDT in trial funds for the 7-day Earn plan.
VIP Exclusive Benefits
To activate VIP benefits, users needed to complete an event registration form. Key features included:
- 1,500 USDT Trial Fund: Granted after registering and completing bank account verification.
- Additional Rewards for Referrers: When referred users subscribed to a 30-day Earn plan, referrers received an extra 10% of the interest earned. They also earned a 0.05% commission on trades involving USDT, BTC, or ETH exceeding 2,000 USDT.
Christmas Special Offer
- Users who deposited TWD equivalent to 100 USDT received an additional 1,000 USDT trial fund for the 7-day Earn plan.
Frequently Asked Questions
What is Rybit’s Earn feature?
Rybit Earn is a fixed-term savings product that allows users to deposit USDT and earn daily interest. Interest is compounded automatically, and funds are locked for a predetermined period, either 7 or 30 days.
How do trial funds work?
Trial funds allow users to experience Earn products without risking their own capital. The interest earned from these funds is credited to the user’s account, though the principal trial amount is not withdrawable.
Is Rybit suitable for beginners?
Yes. The platform supports TWD deposits, offers a simple interface, and offers educational content to help new users get started with crypto earning strategies.
What security measures does Rybit have?
Rybit uses bank-level trust accounts, undergoes regular third-party security audits, and complies with regional financial regulations to ensure user safety.
Can I participate in multiple promotions at once?
Yes, during the event period, users could combine the Christmas offer with VIP benefits for additional rewards.
How are rewards distributed?
Trial funds and commissions were typically distributed within 3–10 business days after meeting the requirements, depending on the specific promotion.