Bybit's SpotX feature includes a unique offering called Token Splash. But what exactly is it, and what benefits can users gain from participating? This guide will explain Token Splash's mechanics, how to join, and how to maximize rewards—using the latest NXPC campaign as a case study.
👉 Discover how Token Splash boosts your crypto portfolio
Understanding Bybit Token Splash
Token Splash is a limited-time campaign where users register and complete specific deposit or trading tasks to receive free new tokens. While both new and existing users can participate, their eligibility and rewards differ:
New Users (registered within 14 days of the campaign launch):
- Earn fixed token rewards (first-come, first-served) for minimal tasks like small deposits or trades.
- Can only join one Token Splash campaign under the new-user bonus.
Existing Users:
- Must complete higher trading volumes to share a token reward pool.
- Can participate in multiple campaigns simultaneously.
Note: All users must complete identity verification (KYC) to qualify.
Risks of Participating in Token Splash
While Token Splash offers rewards, consider these risks:
- Transaction Costs: Deposit/trading fees may outweigh rewards if the token's value is low.
- Price Volatility: Immediate buy-sell tasks could incur losses due to market spreads.
- Platform Risk: Bybit operational issues (e.g., withdrawal halts) may lock funds.
Pro Tip: For a trade of 100 USDT, expect ~0.1 USDT in fees and <1% spread loss (~1.1 USDT total cost). Compare this to the average Token Splash reward of 24 USDT to assess profitability.
How to Join Token Splash (New Users)
Step 1: Register and Verify Your Bybit Account
- Sign up via Bybit’s official site (use a referral code for bonus perks).
- Complete KYC under "Account Security."
Step 2: Navigate to Token Splash
- Open the Bybit app.
- Go to More > SpotX > Token Splash.
- Select the NXPC campaign and click Join Now.
Step 3: Complete the Task
For NXPC, choose either:
- Deposit ≥1,800 NXPC, or
- Deposit 100 USDT + buy 100 USDT worth of NXPC.
Recommendation: Opt for the second task and slightly exceed the requirement (e.g., 102 USDT) to ensure eligibility.
Step 4: Claim Rewards
Rewards distribute within 7 days post-campaign. New-user bonuses are limited, so act fast!
Is Token Splash Worth It?
- Yes, if you believe in the new token’s long-term value (e.g., NXPC for MapleStory N gamers).
- No, if the token lacks utility or you’re unwilling to absorb potential losses.
👉 Explore other crypto reward opportunities
Alternatives to Token Splash
| Activity | Platform | Key Perk | Best For |
|------------------|----------|-----------------------------------|--------------------|
| Token Splash | Bybit | Free tokens for simple tasks | New token believers |
| Launchpool | Binance | Earn tokens by staking crypto | Passive investors |
| TGE Events | Binance | Early access to discounted tokens | Risk-tolerant traders |
FAQs
Q: Can subaccounts participate in Token Splash?
A: No, but subaccount trades count toward main-account task completion.
Q: Why can’t I trade at the listed Token Splash time?
A: Times are in UTC+0. Add 8 hours for GMT+8 regions.
Key Takeaways
- Token Splash rewards users with new tokens for completing deposits/trades.
- New users get fixed rewards; existing users share a pool based on volume.
- Assess risks like fees and volatility before joining.
For more Bybit guides:
Disclaimer: Crypto investments carry risks. This guide is informational only.