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$5,000 Bonus ✓ Bybit Referral Code (2023)
Bybit Referral Code
You can also share your own referral code to earn up to 30%. Plus, get access to all our limited-time offers, like free spot Bitcoin trading and up to $30,000 USDT in rewards! Click the code below to get started with your referral code benefits now!
|👉 Bybit Referral Code||How2Referral|
|🕺 Bybit Rewards||Up to $5000|
|🍀 Bybit Referral Commission||$10 per User|
|💸 Bybit Affiliate Commission||30% Affiliate; 10% Sub Affiliate|
|🎯 Last Verified||December 5, 2023|
Our referral code often gives you limited-time bonus offers. Check out the current and previous Bybit bonus offers you get when you use our code.
Claim up to $5,000 in Bonuses on Bybit: To claim up to $5000, you must complete all related tasks after you activate your account.
How to Sign Up for Bybit Using a Referral Code
The following steps will walk you through the initial sign-up process while using our referral code but can be applied to the use of anyone’s referral code.
Time needed: 5 – 15 mins
ID required: Government issued ID should suffice
- Start Your Sign-Up
The first step is quite simple, head over to the official Bybit website.
- Email Or Mobile?
Depending on what you would like to use for your initial sign-up is really up to you, be it your mobile phone number or email address.
After you have selected your verification method and created a password to be associated with that login type, you will receive a verification code. This can be in the form of an email (if you used your email for the initial sign-up) or a text message containing the code (if you selected the phone number sign-up option previously).
Lastly, enjoy the benefits you have now received from sharing the love and using someone else’s referral code upon signing up (preferably ours if you are reading this haha).
After you have created an account, you can apply for the Bybit Affiliate program using the following link to join the Bybit affiliate program. If accepted, you’ll get documentation on how you can use the affiliate portal to create custom codes and get cool extras like access to Bybit’s media kit.
ByBit’s Referral & Affiliate Program Explained
Bybit offers attractive discounts for new users and the potential for significant earnings for referrers.
Share your Bybit referral code, and whenever anyone signs up with your link you get $10, and they can earn welcome bonus rewards. The specific rewards are subject to change, and you’ll need to perform tasks to earn the full amount, but the savings potential is always there.
Meanwhile, those who meet specific criteria can greatly increase their earning potential by joining the Bybit affiliate program. When you join the affiliate program, you get 30% of the trading fees of anyone who signs up using your link and 10% of fees of anyone your sub-affiliates signup.
Bybit Commission Structure
Your commission starts at $10 per user you sign up. Everyone who has an account automatically gets this deal. Meanwhile, joining the affiliate program can up your commission to the full 30%.
The Bybit Commission Structure table below shows the commission that can be earned from referrals with and without the affiliate program.
To increase your commission, join the affiliate program. You may be able to increase commission once you are an affiliate through the promotion of Bybit by talking to your affiliate manager.
Bybit Rewards Rules
Bybit’s rewards have specific rules to keep in mind:
- Each reward has special rules for how it can be used and criteria for how it can be claimed.
- Generally speaking, you’ll need to meet time-based criteria for certain rewards. For example, you need to meet the criteria for sign-up bonuses within 48 hours of signing up.
- Rewards like Coupons and Bonuses can be used to trade, but can’t be withdrawn. Although you can withdraw your profit from trading with bonuses if you try to withdraw your bonus you will forfeit it!
Make sure to check the Prize page for details on how to and to ensure you claim all your available rewards.
Bybit Referral & Affiliate Program Review
The referral program is what it is. Earn $10 per user is better than nothing, and it is cool that everyone gets a referral code out of the gate. However, the affiliate program and the rewards are what we really love about Bybit in terms of earning and saving. The rewards gamify a user’s experience and essentially let them trade on leverage for free, which is very cool The affiliate program lets you earn not only on affiliate referrals but sub-affiliate referrals.
The high rates earned and the sub-affiliate referrals actually make Bybit’s affiliate program one of the most generous crypto-based programs around! For all those reasons and more (namely the quality of the exchange), we give Bybit a high, although not perfect, rating. They could have done more for the basic referral code and connected it to more trading fee discounts; otherwise, the whole package is really nice.
Bybit, founded in March 2018, has become an increasingly popular exchange for trading derivatives over the years. In fact, it is currently one of the top exchanges for leveraged crypto trades due to the quality of its platform and products. That popularity means it is also a highly liquid exchange, and as such has become a top choice for derivatives traders. Add to this the fact that the signup process is easy as cake, and there is every reason to trade on Bybit.
Bybit Trading Liquidity
Bybit is one of the most liquid exchanges for derivatives. Bybit’s BTC perpetual contract gets about the same volume as other top players like BitMEX as of February 2021. Further, because they don’t have the spread of contracts like Binance or FTX, you won’t find many illiquid contracts, meaning you’ll have to give less consideration to liquidity than you would with other exchanges.
Bybit Order Types
Bybit offers all the order types you’ll need to trade. They offer:
- Market Orders
- Limit Orders
- Stop Orders
- Conditional Orders
- Trailing Stop Orders
- Trailing Profit Order
Bybit Trading Fees
Bybit’s fee structure is highly competitive. In fact, they pretty much match BitMEX’s fees exactly. The general fee structure is -0.0250% maker and 0.0750% taker. That means you actually get paid to place limit orders on Bybit. With that said, long and short funding rates need to be considered when trading perpetual contracts. You will either owe money or get paid based on the current funding rate.
For more information on their fee structure, you can find the fine print documentation from within this official page on Bybit’s fee structure.
Bybit Contract Selection and Leverage Options
Bybit has a small selection of coins and contract types, but what they offer is as good as it gets when it comes to liquidity and fees. You can see an example of their coin selection, leverage options, and fee structure below by looking at their USD contracts. Other contracts offered on Bybit include LTC, LINK, BCH, and XTZ USDT pairs.
Bybit pairs, leverage options, and fees can be seen below in the table.
|Series||Leverage||Maker Fee||Taker Fee|
A negative fee means that the trader will receive a rebate. Funding rates change based on market lending rates. See below for details.
Bybit Platform Summary
Bybit’s referral program is okay, but where Bybit really shines is in its generous rewards for users and affiliate program. Well, that is at least in terms of earning and saving. In terms of platforms in general, we can’t recommend Bybit enough. Who doesn’t want to place some trades for free on high leverage on a highly liquid exchange?
Common Questions and FAQs
Bybit is a highly trusted exchange. They have at times had large wicks that liquidated leveraged traders. However, Bybit has typically made good on these events by using their insurance fund to reimburse traders.
You can get a rebate for placing limits orders, and you can participate in rewards like coupons and bonuses to get funds to trade with. So there is more than one way to get paid to trade on Bybit.
You get paid regardless of what contracts people who sign up with your affiliate link use.
There are no specific criteria for joining the Bybit affiliate program. In general, though you need to have a platform with which you can promote them. So if you have a blog like us, or are a social media influencer, make sure to fill out the application. It can take up to 1 week to find out. Keep in mind you must have a Bybit account first.
Bybit bonuses are a type of reward you can get either by signing up or completing certain tasks. Bonuses can be used to trade, but can’t be withdrawn.
Bybit coupons are used to offset transaction fees. Coupons are deducted to cover fees prior to your own capital being deducted. So that means with bonuses and coupons you can trade for free at Bybit!
Bybit’s promotions change, but you can always get up the current maximum amount of rewards when you sign up using our link.
Big deals are coupons for depositing a coin for the first time. You can deposit BTC/ETH/EOS/XRP/USDT. Be aware you can only choose one coin and one “big deal” first deposit bonus.
All bonuses, coupons, etc can be found in your “My Assets” page. Bonuses specifically are included in your “Wallet Balance.”
There is no limit to how many people a single account can sign up.
To increase your commission, join the affiliate program. You may be able to increase commission once you are an affiliate through the promotion of Bybit. Ask your affiliate manager.
Yes, this can be found on the coupon page.