How to Claim ARB Airdrop on Bybit: Step-by-Step Guide & FAQs

Unlock Your ARB Tokens: A Complete Guide to Claiming the Airdrop on Bybit

The ARB airdrop marked a milestone for Arbitrum users, distributing governance tokens to early adopters of the Layer 2 scaling solution. If you qualified and used Bybit during the eligibility period, claiming your tokens is straightforward. This guide walks you through every step to claim your ARB airdrop on Bybit, with pro tips and FAQs to ensure you don’t miss out on future opportunities.

What Was the ARB Airdrop?

Arbitrum’s ARB token airdrop rewarded users who interacted with the network before March 2023. As a governance token, ARB empowers holders to vote on protocol upgrades. Bybit supported eligible users by simplifying the claiming process directly through its platform. Key details:

• Snapshot Date: Eligibility determined by on-chain activity before February 6, 2023
• Token Allocation: 11.5% of total ARB supply distributed to users
• Bybit’s Role: Centralized exchange facilitating claims for qualifying users

Step-by-Step: How to Claim ARB Airdrop on Bybit

Follow these steps if you were eligible during the claim period (Note: The initial claim window has closed, but this process remains relevant for reference):

1. Log into Your Bybit Account: Access your verified account via web or mobile app.
2. Navigate to Rewards Hub: Go to the ‘Rewards Center’ or check promotional banners for ARB claims.
3. Verify Eligibility: The system automatically checks if your wallet/activity met snapshot criteria.
4. Initiate Claim: Click ‘Claim Now’ on the ARB airdrop notification. No gas fees required.
5. Receive Tokens: ARB tokens deposit directly to your Bybit Spot Wallet within 24 hours.

Why Claim Through Bybit? Key Advantages

• Gas-Free Process: Avoid Ethereum network fees – Bybit covers transaction costs
• Instant Accessibility: Trade, stake, or withdraw ARB immediately after claiming
• Enhanced Security: Bypass smart contract risks with exchange-managed distribution
• User Support: 24/7 assistance for claim-related issues

Pro Tips for Future Airdrop Claims

• Monitor Bybit’s Official Announcements page for new airdrop opportunities
• Maintain consistent activity on supported L2 networks like Arbitrum
• Enable notification alerts in your Bybit account settings
• Complete KYC verification beforehand to avoid claim delays

Managing Your ARB Tokens Post-Claim

After claiming:

1. Trade: Swap ARB/USDT on Bybit Spot Markets
2. Stake: Earn yields via Bybit Savings or Launchpool
3. Withdraw: Transfer to self-custody wallets for governance participation
4. Monitor: Track ARB price movements via Bybit’s advanced charts

ARB Airdrop on Bybit: Frequently Asked Questions

Can I still claim the ARB airdrop on Bybit?

The initial claim period ended in 2023. Unclaimed tokens were returned to Arbitrum DAO. However, Bybit may support future airdrops – stay updated via their announcements.

What if I was eligible but didn’t claim in time?

Unfortunately, late claims aren’t possible. Ensure you enable notifications and regularly check Bybit’s Rewards Hub for new opportunities.

Were there fees for claiming through Bybit?

No. Bybit absorbed all gas fees during the claim period, making it completely free for users.

Can I claim if my assets were in Bybit Futures wallets?

Eligibility required assets in Spot Wallets or direct Arbitrum interactions. Futures holdings didn’t qualify.

How do I prepare for future airdrops on Bybit?

Regularly use supported networks (Arbitrum, Optimism), hold assets in Spot Wallets, and complete account verification.

Final Thoughts

While the ARB airdrop claim window has passed, understanding this process prepares you for future opportunities. Bybit’s user-friendly approach demonstrates why it’s a top choice for airdrop participation. Stay engaged with Layer 2 ecosystems and monitor Bybit’s platforms to capitalize on the next big distribution. Your proactive approach today could unlock tomorrow’s crypto rewards.