Bybit Starts DCA Challenge With 55,000 USDT in Rewards

Bybit just introduced a new incentive for its automated trading users. The exchange is running a DCA challenge that offers a total prize pool of 55,000 USDT for those who use its Dollar Cost Averaging bot to accumulate Bitcoin, Ethereum, or XAUT. The event is open now and runs until August 17, 2026.

The challenge targets both new and existing users. New users who start a DCA bot with at least $100 can qualify for a 20 percent cashback reward capped at 50 USDT, which is available to the top 100 participants based on investment volume. Additionally, all eligible users who maintain a daily holding of at least $200 through these automated bots can claim a portion of the larger 50,000 USDT prize pool.

Dollar Cost Averaging is a common strategy for investors who want to avoid the stress of timing the market. By automating recurring buys, users smooth out their entry price and reduce the impact of short term market volatility. As BTC and ETH continue to see price swings, tools like this help traders maintain a consistent accumulation plan without needing to monitor charts all day.

If you plan on participating, keep in mind that crypto trading always involves risk. It is a good idea to check the specific terms and conditions on the official platform before you start your bot to ensure you meet all eligibility requirements.