Bybit Rolls Out USDT on Plasma: Zero Fees, Lucky Draws, and High-Yield Staking
This article provides an easy-to-read summary and insights based on the latest Bybit announcement.
Bybit is stirring up the crypto world with the integration of USDT deposits and withdrawals on Plasma, thereby opening up a barrier-free cross-chain interaction. To make this innovation more exciting, Bybit has launched three events offering gas-free transactions, thrilling lucky draws, and lucrative staking rewards.
Event 1: Zero-Fee Withdrawal Program
Now, you can bid adieu to gas fees! For a limited period, Bybit will take care of all network and transaction fees for USDT transfers on Plasma. This initiative aims to eliminate any obstacles and enable you to easily explore the new chain. Please note that a minimal base withdrawal fee (e.g., 2 USDT minimum) will continue to exist. This offer is available from September 29, 2025, until the prize pool is exhausted. To participate, simply make a deposit through Plasma to increase your USDT balance and enjoy gas-free withdrawals.
Event 2: Chain-Powered USDT Deposit Lucky Draw
From September 29, 2025, until October 13, 2025, you can fuel your account via Plasma and earn lucky draw tickets for a chance to win a share of 100,000 USDT. Just remember to claim the task in the Rewards Hub to make your deposits count. To join, follow these steps:
- Claim the task: Head over to the Rewards Hub and activate the event.
- Deposit and earn tickets: New users can register and deposit at least 100 USDT via Plasma to get 2 lucky draw tickets (valid one-time only). Existing users can deposit 1,500 USDT or more to get 1 lucky draw ticket (valid one-time only).
- Complete the daily task: Deposit at least 500 USDT on any given day to earn 1 lucky draw ticket (repeatable once per day).
- Collect tickets: Gather up to 10 tickets across all tasks during the event.
Each ticket guarantees a chance at rewards, ranging from 100 USDT as the grand prize to 0.5 USDT as the 7th tier reward. The lucky draw tickets will be distributed shortly after each qualifying deposit. Winners will be picked at random and the rewards will be credited directly to their Bybit account.
Event 3: Chain-Powered Staking – Up to 100% APR!
Boost your USDT earnings by depositing via Plasma Chain. This opportunity is open to both new and VIP Bybit users. The event runs from September 29, 2025, until October 29, 2025. Only users who achieve a net 100 USDT deposit via Plasma Chain during the event period will gain access to this exclusive staking pool. The reward tiers are as follows:
- New users: 100% APR
- All users: 20% APR
- VIP users: 25% APR with a higher cap
Insights
These events are a significant step forward for Bybit, as they provide an opportunity for users to explore the potential of the Plasma Chain and increase their USDT earnings. The integration of USDT on Plasma also signifies Bybit’s commitment to continually improve the user experience by reducing transaction costs and providing more options for users.
Please be aware that cryptocurrency trading involves significant risk and may result in the loss of your invested capital. Ensure that you fully understand the risks involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary.
Terms and Conditions
Each eligible user can stake only once in the Fixed Savings plan. A maximum of 10 tickets can be earned per participant. This offer is exclusively available to users who have deposited USDT to Bybit via Plasma. Only participants who have completed Individual Identity Verification Lv. 1 or Business Verification are eligible for this event. Subaccounts and Institutions are not eligible to participate. Bybit reserves the right to modify or terminate this event without prior notice. This event is not intended for users residing in the European Economic Area (EEA).
