- What Is the ARB Airdrop and Why Bybit?
- Step-by-Step: How to Claim ARB Airdrop on Bybit
- Pro Tips for Maximizing Future Airdrops on Bybit
- ARB Airdrop on Bybit: FAQ Section
- Can I still claim the ARB airdrop on Bybit?
- Do I need to pay gas fees to receive airdrops?
- How long do airdropped tokens stay in my Bybit account?
- Are airdrops taxable?
- Can I qualify for airdrops with a sub-account?
- How does Bybit notify users about airdrops?
What Is the ARB Airdrop and Why Bybit?
The ARB airdrop marked a pivotal moment for Arbitrum, Ethereum’s leading Layer-2 scaling solution, distributing governance tokens to early users and ecosystem contributors. Bybit, a top-tier cryptocurrency exchange, supported this event by enabling eligible traders to claim ARB tokens directly through their platform. This guide explains how to receive your ARB airdrop on Bybit—whether you’re claiming existing allocations or preparing for future opportunities.
Step-by-Step: How to Claim ARB Airdrop on Bybit
- Verify Eligibility: Check if your Bybit account qualified based on Arbitrum’s snapshot criteria (e.g., pre-March 23, 2023, activity). Visit Arbitrum’s official airdrop portal or Bybit’s announcement page for confirmation.
- Complete KYC: Ensure your Bybit account is fully verified with up-to-date Know Your Customer (KYC) documentation. Unverified accounts cannot receive airdrops.
- Access Distribution Section: Log into your Bybit account. Navigate to ‘Assets’ > ‘Distribution’ or ‘Airdrops’ in the dashboard during the claim period.
- Claim Tokens: Click ‘Claim’ next to the ARB airdrop listing. Tokens typically arrive instantly in your Bybit Spot Wallet.
- Secure Your ARB: Transfer tokens to a private wallet (e.g., MetaMask) for long-term holding or trade them on Bybit’s spot market.
Pro Tips for Maximizing Future Airdrops on Bybit
- Monitor Bybit’s Official Announcements page and social media for new airdrop opportunities.
- Maintain consistent trading activity—projects often reward active users.
- Hold eligible tokens like ETH or stablecoins in your Spot Wallet before snapshot dates.
- Enable notification alerts in Bybit settings to never miss claim deadlines.
- Research projects thoroughly—avoid scams by never sharing private keys.
ARB Airdrop on Bybit: FAQ Section
Can I still claim the ARB airdrop on Bybit?
The initial ARB distribution ended in 2023. However, Bybit occasionally supports retroactive claims for missed allocations—check their announcements for updates.
Do I need to pay gas fees to receive airdrops?
No. Bybit absorbs all network fees for airdrop distributions. You receive the full token amount without deductions.
How long do airdropped tokens stay in my Bybit account?
Unclaimed tokens may expire after the deadline (usually 60-90 days). Claim promptly via the Distribution section.
Are airdrops taxable?
Yes, in most jurisdictions. ARB tokens are treated as income at their market value upon receipt. Consult a tax professional for guidance.
Can I qualify for airdrops with a sub-account?
Yes, but the main account must enable airdrop permissions in Sub-account Settings first.
How does Bybit notify users about airdrops?
Via email, app notifications, and banner alerts on the platform. Whitelist Bybit’s email domain to avoid missing updates.