Bybit is one of the world’s leading crypto derivatives trading platforms and is an excellent choice for newcomers seeking a secure, user-friendly, and rewarding crypto exchange. Using our Bybit referral code, CWREFCODE, you will be eligible for incentives and a sign-up bonus of up to $30,020.

In this Bybit referral code article, we will provide an overview of Bybit and instructions on getting a Bybit referral bonus.

Key Takeaways:

  • The best Bybit referral code in 2024 is “CWREFCODE” to earn up to $30,020 in sign-up bonuses and a 10% lifetime discount on trading fees.
  • The Bybit referral code is a unique code that new users can enter during registration to receive various rewards, including sign-up, deposit, and trading bonuses.
  • To qualify for Bybit referral bonuses, you must sign up with the referral code, complete identity verification, make a deposit, and meet specific trading volume requirements.

What is Bybit Referral Code?

The Bybit referral code is an invitation code to join the Bybit platform to trade cryptocurrencies online and receive free crypto sign-up bonuses. The code can give you various benefits, such as bonuses, rewards, and discounts.

You can join Bybit by using the referral code “CWREFCODE” when you sign up. This code will give you a welcome bonus of up to $30,020 USDT and 10% off your trading fees. 

You can also earn more referral rewards by sharing your invite code with others and getting commissions, coupons, and mystery boxes. Our Bybit referral code is a great way to start your crypto adventure with some extra perks and trade with ease.

All Rewards From Bybit

Types of Bybit Bonuses

Sign-up Bonus20 USDT
Deposit and Trading BonusUp to 30,000 USDT
VIP BonusUp to 800 USDT

Sign-Up Bonuses

New users can receive a 20 USDT bonus upon signing up with Bybit. To qualify, you must complete simple tasks like signing up and verifying your account. The bonus can be used towards trading activities but is not directly withdrawable. However, any profits you make from using this bonus can be withdrawn.

Bybit-Sign-Up-Bonus

Deposit and Trading Bonuses

Bybit offers deposit and trading bonuses of up to 30,000 USDT. The bonus amount depends on the size of your deposit, the more you deposit, the higher the bonuses you can earn from Bybit. 

For example, depositing $10,000 USDT and $100,000 in trading volume will unlock $350 in bonuses. These bonuses are intended to give traders more leverage and increase their trading capacity. Bybit uses them to reward users who commit considerable amounts of funds to its platform.

VIP Bonuses

For high-value traders, Bybit offers VIP bonuses that can go up to 800 USDT. To qualify, you typically need to deposit at least $100,000. 

These bonuses are part of Bybit’s VIP program, which offers additional perks like lower trading fees, dedicated account managers, and exclusive event access. The VIP bonuses are designed to attract and retain professional and large-scale traders.

Bybit Referral Bonus Terms and Conditions

The table below is the deposit and trading requirements to get a full Bybit referral bonus. 

For instance, depositing $100 and trading $100 will earn you a 15 USDT bonus. As the deposit and trading amounts increase, so do the bonuses. 

For example, a $1,000 deposit with $2,000 in trading results in a 50 USDT bonus, while depositing $250,000 and trading $150M unlocks the maximum bonus of 30,000 USDT. These bonuses are designed to incentivize higher deposits and trading activities.

Bonus AmountDeposit RequirementTrading Volume Requirement
$15Deposit $100Trade $100
$50Deposit $1,000Trade $2,000
$100Deposit $3,000Trade $10,000
$350Deposit $10,000Trade $100,000
$800Deposit $50,000Trade $1.5 million
$5,000Deposit $100,000Trade $8 million
$8,800Deposit $125,000Trade $50 million
$15,000Deposit $150,000Trade $75 million
$30,000Deposit $250,000Trade $150 million

Here are some other terms and conditions to qualify for Bybit bonus:

  • To officially participate, you must register using the referral link or referral code “CWREFCODE”, make a deposit, and claim your rewards through Bybit’s Rewards Hub.
  • You are eligible for this offer if you create a new Bybit account using a referral link and make your initial deposit.
  • Suppose you deposit from 250,000 USDT and complete trades worth 150 million USDT. In that case, you can earn an entire bonus of 30,000 USDT as an eligible referred user.
  • Once the 3-day risk assessment period ends, thee the 3-day risk assessment period ends, the bonuses will be automatic. 
  • You will need to claim your Bybit bonuses from the Rewards Hub manually.
  • Only futures trades (taker orders) will be considered for the trading volume. Trades in fiat and spot markets won’t be included in the calculation of your trading volume.

Why You Should Use Our Bybit Referral Code?

Using our Bybit referral code “CWREFCODE” offers several benefits that enhance your trading experience. Firstly, you receive a 10% discount on spot trading fees for life, making every trade more cost-effective. 

Additionally, you get a 10% rebate on futures trading fees, which can significantly reduce your trading costs over time. New users can earn a welcome bonus of up to 30,020 USDT, which includes sign-up, deposit, and trading bonuses. 

Moreover, referring others allows you to earn up to 50% in commissions, providing a steady income stream as your network grows.

Bybit Referral Code Details

Description
Referral CodeCWREFCODE
Spot Trading Fee Discount10% discount for life
Futures Trading Fee Discount10% rebate on trading fees
Sign-up BonusUp to 30,020 USDT welcome bonus
Commission Earned from ReferralsEarn up to 50% in commissions

How to Use Bybit Referral Code “CWREFCODE”?

Step 1: Creating a Bybit Account

Visit the Bybit website or mobile app and click “Sign Up”. You can also sign up using this [Bybit Referral link]. Enter your email, password, and referral code (CWREFCODE). 

You can also use your mobile number instead of email. Agree to the terms and privacy policy and click “Sign Up”. Enter the code from Bybit to verify your email or mobile number. 

Create Bybit Account With Coinwire Code

Step 2: KYC Verification

Complete Verify Process On Bybit

After creating your account, complete the KYC (Know Your Customer) verification process to access all features and bonuses. 

As required by Bybit, you will need to provide personal identification documents, such as a government-issued ID and a selfie for the verification activities. This step is crucial to ensure compliance with regulations and to secure your account.

Go to the profile section and click “Complete identity verification now”.

Step 3: Deposit Cryptocurrencies or Fiat currencies

Funding Your Bybit Account

Once your account is verified, deposit funds to start trading. You can deposit cryptocurrencies directly from your wallet or use fiat currencies via Bybit’s supported payment methods, such as credit cards or bank transfers. 

Navigate to the “Assets” section, select “Deposit,” and follow the instructions to fund your account. Ensure you meet the minimum deposit requirements to qualify for the associated bonuses.

Step 4: Trade Crypto in the Futures Market

Trade On Bybit Futures Market On

With funds in your account, head to the “Derivatives” section and select the “USDT perpetual” futures market to begin trading. Bybit offers various trading pairs and tools to help you execute your strategies. 

Engage in trading activities that meet the volume requirements to unlock your bonuses. The futures market allows you to 100x leverage your trades, which can amplify profits and losses, so ensure you understand the risks involved.

Step 5: Claim a $30,020 Bybit Sign-Up Bonus

Claim Bybit Sign-Up Bonus

By using the referral code “CWREFCODE” and completing the required steps, you become eligible for a sign-up bonus of up to $30,020. This includes various bonuses based on your deposits and trading volumes. 

Check the “Rewards Hub” on Bybit to view and claim your bonuses. Each bonus will have specific conditions to fulfill, so ensure that you meet all the criteria to maximize your rewards.

What is Bybit Affiliate Program?

The Bybit Affiliate Program allows participants to earn commissions by referring new users to Bybit’s trading platform. 

Affiliates receive up to 50% in commissions on the trading fees generated by their referrals, with additional earnings possible if their referrals also become affiliates. Bybit provides an exclusive affiliate portal for tracking earnings, accessing promotional assets, and staying updated on new campaigns. 

Affiliates benefit from timely compensation, personalized 1:1 account management, and opportunities to network at global events. The program is designed for influencers, content creators, and traders looking to monetize from the audience.

About Bybit Exchange

(What is Bybit CEX and How Does It Work? Source: Satoshi Club)

Bybit is one of the best-leveraged trading exchanges for crypto enthusiasts. This trading platform offers various features and benefits for trading and investing. It enables users to exchange, buy, and sell Bitcoin, altcoins, and NFTs on its platform. It also has a spot, margin trading, and futures market, where users can leverage their trades and hedge their exposure. The platform also has a staking feature to lock up coins and earn passive income safely and reliably.

Bybit also offers various incentives and rewards for its users, such as bonuses, fee rebates, copy trading, a trading bot, ByStarter, a Bybit Card, Bybit Web3, and more. 

The Bybit crypto exchange is dedicated to compliance and user security and uses a triple-layer asset protection system. User funds are kept offline in cold wallets, data is encrypted and secured by strict authorization controls, and user activity is tracked and analyzed in real time. You can read our full Bybit review for a detailed guide on the exchange.

What are the Bybit Fees?

  • Bybit Trading Fee: The trading fees depend on the market (spot, derivatives, or options) and your VIP level (from 0 to 5). The standard trading fees for spot trading are 0.1% for makers and 0.1% for takers, while the standard trading fees for futures are 0.02% for makers and 0.055% for takers. The options fees are 0.02% for both the maker and taker.
  • Deposit and Withdrawal Fees: Bybit does not charge a deposit fee, but it charges a standard withdrawal fee that depends on the crypto and blockchain network you use. The fee is deducted from your withdrawal amount.
  • Funding Fees: These are the fees you pay or get when holding a position in the derivatives market. Funding fees are exchanged between long and short positions every 8 hours based on the gap between the spot and contract prices. The funding rate can be positive or negative, meaning you can either pay or get funding fees.

Read the full Bybit fee structure here.

Conclusion

To sum up, Bybit is an excellent choice for crypto trading. It offers low fees, high leverage, fast trade execution, and various trading products. 

And if you use the Bybit referral code CWREFCODE, you can claim up to $30,020 in sign-up bonuses. This may be a limited-time offer, so don’t miss this opportunity to join one of the best crypto exchanges in the world. 

To get started, simply visit Bybit and enter the referral code CWREFCODE when you register. If you want to join other platforms, you can also read our guides on Binance referral codes or OKX referral codes.

FAQs

Where do I find my Bybit referral code?

You can find your Bybit referral codes by logging into your account and navigating to the Bybit “Referral Program” part in the profile section. 

This section provides you with a unique referral code and link to share with others. You can earn commissions, rewards, or bonuses based on their trading activities by sharing your referral code with friends or other traders.

What is the best referral Bybit?

The best referral code for Bybit is “CWREFCODE.” By using this code when signing up, you can unlock several benefits, including a welcome bonus of up to $30,020 in USDT and a 10% discount on trading fees. This code is ideal for new users who want to maximize their initial bonuses and enjoy lower costs on their trades. 

Additionally, using this referral code gives you access to rewards that enhance your trading experience, such as trading fee rebates and exclusive VIP member offers.

What is the promo code for Bybit’s free money?

The Bybit promo code for free money is “CWREFCODE.” When you use this code during the sign-up process, you become eligible for a range of bonuses, including a sign-up bonus, deposit bonuses, and trading bonuses, totaling up to $30,020 in USDT. 

The bonuses are credited to your account once you complete the required tasks, such as verifying your identity, making a deposit, and reaching certain trading volumes. 

These bonuses can be used to trade on the platform, providing additional leverage. To make the most of the promotional offers, always make sure to fulfill the conditions attached to the bonuses.

How much is the Bybit referral bonus?

The Bybit referral bonus varies depending on your deposit amount and trading volume. New users who sign up using a referral code like “CWREFCODE” can receive a welcome bonus starting at 20 USDT. Beyond the initial bonus, Bybit offers additional deposit and trading bonuses that can reach 30,000 USDT. 

When combining the sign-up, deposit, and trading bonuses, the total bonus potential can reach up to 30,020 USDT, making it a lucrative offer for new traders.

How to get Bybit giveaway code?

To get a Bybit giveaway code, you should check Bybit’s official announcements, promotional emails, or social media channels. They often share limited-time offers, contests, and special promotions. 

Sometimes, Bybit may host events or campaigns that include giveaway codes as part of the rewards. You can also check Bybit’s “Rewards Hub” within the platform for any available codes or bonuses you can claim.

Does Bybit give a welcome bonus?

Yes, Bybit offers a welcome bonus to new users who sign up using a referral code, such as “CWREFCODE”. This welcome bonus starts at 20 USDT and can increase based on your initial deposit and trading activity. 

How to get free USDT in Bybit?

To get free USDT in Bybit, you can take advantage of their referral and bonus programs. By signing up with the referral code “CWREFCODE”, you receive a sign-up bonus in USDT once you complete tasks like verifying your account and making a deposit. There is also a Bybit deposit bonus, where the amount of USDT you receive depends on your deposit size and trading volume. 

Additionally, Bybit’s Rewards Hub often features various promotions and tasks that can earn you extra USDT, such as completing specific trading activities or participating in referral challenges. Always check Bybit’s official platform for the latest opportunities to earn free USDT.

Is ByBit legit?

Yes, Bybit is a legitimate and reliable crypto exchange. It has been granted the Minimum Viable Product (MVP) Preparatory License by Dubai’s VARA. 

It also acquired a license from the regulatory authorities in Cyprus. Bybit also uses strict security measures to protect user funds and data, such as cold wallet storage, encryption, real-time monitoring, and privacy protection.