By participating in the Bybit's Promotion, you hereby agree to comply and adhere to the following Bonus Terms and Conditions:
1 The equivalent in trading bonuses are calculated directly at the point of issuance and will immediately be credited into your account's coin wallet. Bonus can be used as margin, trading/funding fee, and to cover potential losses incurred by trading on the platform. Trading bonuses aim to provide traders to experience trading risk-free while testing the platform's features and functionalities. Newly registered traders will receive a bonus as long as they fulfill the requirements stated for the respective campaigns. Profits gained from trading using the trading bonuses can be withdrawn, subjected to the fulfillment of terms and conditions listed below.
2 Trading bonuses cannot be withdrawn under any circumstances. During the deduction of fees, trading bonuses will be deducted first before utilizing the trader's deposit.
3 The initial deposit coupon is only limited to 1 redemption per account and the initial deposit coupon will be credited based on the first deposit recorded into your Assets History. The requirements may change from time to time due to varying market conditions
***Disclaimer: The initial deposit coupon can only be redeemed once per account and is not applicable to traders who have previously made a deposit or have received the initial deposit coupon previously. The initial deposit requirement can be in BTC/ETH/EOS/XRP/USDT and only when the first-ever deposit into the Bybit account meets the stated requirements, the system will then credit the corresponding coin type's initial deposit coupon into your account. Failure to meet the deposit amount requirement on your first deposit or subsequent deposits after redeeming an initial deposit coupon will be considered a non-qualification of requirements and will not receive the coupon.
4 Trading bonuses cannot be used to perform an exchange into another coin type under Assets Exchange and also will not be able to use it to pay for any withdrawal mining fee.
5 Obtaining the trading bonus under the TP/SL Experience Trading bonus can only be redeemable when a new order is placed and a Take Profit / Stop Loss is set up within the order placement zone. Setting up a TP/SL inside the Position tab within an existing open position will be considered a non-qualification and will not receive the bonus. A successful TP/SL placed after 29 November 0900 UTC will be able to redeem this bonus.
6 There is a 21 days effective period commences from the date of receiving the bonuses and non-activity within the effective period will result in the forfeiture of the bonuses. You may activate it by performing any trade during the effective period. Once activated, the bonus will never expire.
7 Trading bonuses can be used as a trading margin, and any profits earned can be withdrawn as long as it meets the minimum withdrawal amount requirements.
8 The accumulative deposit requirements are limited to BTC deposited after 09:00 UTC on November 29, 2019. Deposits in other currencies or currency conversion are not counted in the accumulation
9 The accumulative transaction requirements are only calculated for the trading days after 09:00 UTC on November 29, 2019, and any trading activities before the stipulated date are not considered.
10 After the user submits the withdrawal request application, all bonuses in that particular coin's wallet will be immediately zeroed out from the account and all bonuses will not be returned.
11 Involvement in any dishonest behavior or activities, such as multi-account registrations to churn bonuses, etc. will result in immediate termination and forfeiture of all bonuses & profits earned from all associated accounts.
12 Bybit reserves the absolute final rights to amend the Bonus Terms and Conditions and regulations of the campaign without prior notice and traders are advised to always refer to the campaign's Terms and Conditions