FAQ — Token Splash

Token Splash is an open event designed for users interested in discovering and engaging with promising new tokens. By participating, users can earn rewards through deposits, trading activity, and meeting specific criteria during the event period. This guide breaks down everything you need to know about how Token Splash works, eligibility requirements, reward calculations, and more—helping you maximize your participation potential.

Whether you're exploring early-stage crypto projects or looking to boost your trading engagement, Token Splash offers a structured way to get involved. Below, we cover all essential aspects of the event in clear, SEO-optimized English.

What Is Token Splash?

Token Splash is a limited-time promotional event that introduces users to newly listed or emerging tokens on supported platforms. Participants can earn rewards by completing certain financial activities such as depositing assets, achieving minimum trade volumes, or purchasing specific tokens.

The event encourages community involvement in new token launches and provides incentives for active trading behavior. While it's accessible globally, participation is strictly prohibited for users from the European Economic Area (EEA), including Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, and Norway.

This restriction ensures compliance with regional financial regulations.

How to Earn Rewards in Token Splash

There are multiple pathways to qualify for rewards during a Token Splash event:

1. Deposit Accumulation: Deposit eligible tokens during the event window. Your total accumulated deposit must meet or exceed the minimum threshold specified for that particular event.
2. Spot Purchases with USDT: Use USDT to buy the required amount of the featured token via spot trading. This counts toward participation eligibility.
3. Achieve Minimum Trade Volume: Reach or surpass the minimum spot trading volume for the relevant token during the task period. Trading can occur on your main account, subaccounts, or through trading bots like Spot Grid Bot or DCA Bot.

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Note: Requirements and rewards may vary across different Token Splash events. Always check the official event page for detailed rules and conditions.

Who Can Participate?

To join Token Splash:

• You must be an individual user who has completed Level 1 KYC (Know Your Customer) verification.
• Institutional accounts and market makers are not eligible.
• Click the "Register" button on the event page to officially enter.

You can begin your identity verification process directly through your account settings.

While subaccounts cannot register independently, any trading activity conducted via subaccounts or automated bots does count toward your overall trading volume.

How Is Accumulated Deposit Amount Calculated?

All deposits made during the event period contribute to your accumulated total if they’re made through:

• On-chain transfers
• P2P transactions
• One-click buys

Internal transfers between your own accounts are not counted.

Example:

Andriy deposits 100 XYZ directly and purchases another 50 XYZ via P2P and 50 XYZ through one-click buy.

His total accumulated deposit = 200 XYZ (100 + 50 + 50).

This sum is used to determine eligibility based on deposit thresholds.

Does Withdrawing Tokens Affect My Reward Eligibility?

No. You are free to withdraw tokens at any time during the event without impacting:

• Your accumulated deposit amount
• Your eligibility for rewards

This flexibility allows participants to manage their portfolios while still qualifying for incentives.

How Is Trading Volume Calculated?

Only spot trades of the featured token(s) are counted during the event period. These include:

• Buy and sell orders executed on the main account
• Trades placed via subaccounts
• Activity from Spot Grid Bots and DCA Bots

However, API-based transactions are excluded from volume calculations.

Your combined trading volume contributes to both task completion and reward distribution.

How Are Trading Tasks and Rewards Calculated?

To qualify for rewards:

• Register for the event
• Complete spot trades of the designated token(s)
• Meet or exceed the minimum required trading value

The higher your trading volume, the greater your potential reward—up to a personal cap.

Reward Calculation Formula:

(Your Total Spot Trading Volume / Total Spot Trading Volume of All Participants) × Total Prize Pool

Example:

• Total Prize Pool: 1000 USDT
• Minimum Trade Requirement: 50 USDT worth of XYZ
• Personal Reward Cap: 50 USDT

User A (Ann): Trades 100 USDT
User B (Bob): Trades 1000 USDT
Total Volume by All Users: 10,000 USDT

• Ann’s Reward = (100 / 10,000) × 1000 = 10 USDT
• Bob’s Reward = (1000 / 10,000) × 1000 = 100 USDT

But since Bob’s reward exceeds the personal cap of 50 USDT, he receives only 50 USDT.

Different events may have varying reward caps—always review the specific event details.

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When Will I Receive My Reward?

Rewards are distributed automatically to winners’ Bybit funding accounts within 7 days after the event ends. No manual withdrawal is needed.

Ensure your account remains active and compliant to avoid disqualification.

Why Didn’t I Receive a Reward Despite Completing the Task?

Even if you meet all requirements, rewards operate on a first-come, first-served basis up to a maximum participant limit. Once this cap is reached:

• Additional qualified users will not receive rewards
• No retroactive payouts are issued

Check the event announcement page regularly for updates on availability and final results.

Frequently Asked Questions (FAQ)

Q: Can I use multiple accounts to increase my chances?

A: No. Each user is limited to one participating account. Using multiple accounts may lead to disqualification.

Q: Are futures trades included in volume calculation?

A: No. Only spot trades of the specified token count toward the required volume.

Q: Do referral bonuses apply to Token Splash?

A: Referral programs are separate and do not influence Token Splash eligibility or rewards.

Q: Can I participate without KYC?

A: No. Level 1 KYC verification is mandatory for all participants.

Q: Are there penalties for withdrawing funds during the event?

A: No. Withdrawals do not affect your eligibility or accumulated metrics.

Q: Where can I see my progress during the event?

A: Check your dashboard on the event page for real-time updates on deposits, trading volume, and status.

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By understanding these mechanics and planning your strategy accordingly, you can make the most of every Token Splash opportunity. Stay informed, trade wisely, and always verify event-specific terms before participating.