How to Participate in Bybit Vote? (Listing Events)

Understanding Bybit Vote Mechanics

1. Bybit Vote is a community-driven listing mechanism where users cast votes using BYT tokens to influence which new cryptocurrencies get listed on the exchange.

2. Each vote consumes a fixed amount of BYT, and voting power scales linearly with the user’s BYT balance at the time of vote initiation.

3. The voting period typically lasts 72 hours, beginning immediately after project eligibility confirmation and ending before the official listing announcement.

4. Users must complete KYC Level 2 verification to participate — unverified or Level 1 accounts are excluded from casting votes.

5. Votes are irreversible once submitted; no refunds or reallocations are permitted during or after the voting window.

Eligibility Requirements for Voting

1. A minimum of 100 BYT must be held in the user’s Bybit spot wallet at least 24 hours prior to the vote opening.

2. Accounts flagged for suspicious activity, including rapid deposit-and-vote patterns across multiple projects, are automatically disqualified.

3. Users holding BYT in margin, futures, or savings accounts do not qualify — only spot wallet balances count.

4. Addresses associated with sanctioned jurisdictions — such as North Korea, Iran, or Crimea — are prohibited from participating regardless of token balance.

5. Users who have previously withdrawn BYT within the last 48 hours before vote commencement are temporarily ineligible.

Navigating the Voting Interface

1. Access the “Vote” tab under the “Discover” section of the Bybit web platform or mobile app — no separate registration is required.

2. Each candidate project displays real-time vote counts, market cap data, audit status, and official links verified by Bybit’s listing team.

3. A countdown timer appears beside each project, showing exact remaining hours and minutes until voting closes.

4. Users may vote for multiple projects simultaneously, but total BYT spent cannot exceed their available spot balance minus 10% safety margin.

5. After submission, a transaction ID and timestamp appear instantly — this serves as the sole proof of participation and cannot be regenerated.

Risks and Limitations of Participation

1. Voting does not guarantee listing — Bybit reserves full discretion to reject any project even with majority community support.

2. BYT used for voting is permanently burned and cannot be recovered, exchanged, or transferred.

3. Projects undergoing active regulatory investigation or lacking third-party smart contract audits are excluded from the vote interface entirely.

4. Duplicate voting attempts from the same IP range within five minutes trigger automatic rate limiting and temporary UI lockout.

5. Historical vote records are visible only in the user’s private activity log — no public leaderboard or aggregated statistics are published.

Frequently Asked Questions

Q: Can I vote using BYT staked in the BYT Earn program?A: No. Only BYT held in the spot wallet qualifies. Staked, locked, or delegated tokens are excluded from voting eligibility.

Q: What happens if I vote for a project that later fails its security audit?A: Votes remain valid and counted, but Bybit will not list the asset. Burned BYT is not refunded under any circumstance.

Q: Is there a minimum age requirement to vote?A: Yes. Users must be at least 18 years old and provide government-issued identification matching KYC Level 2 requirements.

Q: Do vote weights change if my BYT balance fluctuates during the voting period?A: No. Voting power is determined solely at the moment the first vote is cast and remains fixed for the duration of the event.