Bybit Referral Code: Get $30,030 Sign Up Bonus

Bybit Referral Code Get $30,030 Sign Up Bonus: COINMASH

What is the Bybit Referral Code?

The Bybit referral code is COINMASH and can be applied when you sign up to Bybit to get a $30,030 bonus through the Bybit Rewards Hub.

What is the Bybit Promo Code?

The Bybit promo code is COINMASH and can be claimed when you join Bybit’s exchange to receive a bonus of $30,030 via Bybit’s Rewards Hub.

Both the Bybit promo codes and Bybit referral codes are the same and unlock the same rewards.

How to Claim Bybit Referral Code

Follow the instructions below to claim the Bybit referral code and get $30,030 in sign up bonus.

  1. Visit the Bybit website and click Sign Up in the top right corner or join using our Bybit referral code here
  2. Fill in your email and password and enter the code COINMASH where it says ‘Promo or Referral Code (Optional)
  3. Click on Create Account and complete the KYC
  4. Deposit at least $100 within 7 days of signing up to be qualified for the Bybit referral bonus
Bybit Promo Code Sign Up
Bybit Promo Code Sign Up

Bybit Rewards Hub (Claim your Rewards)

Bybit uses an objectives-based rewards hub where registered users can earn up to $30,030 of rewards by completing simple tasks.

It’s not uncommon for crypto sites to use schemes to help new traders find their way around the site. It’s a great combination of an onboarding process and milestone-based rewards for new traders.

Bybit Rewards Hub
Bybit Rewards Hub

To get started with the Rewards Hub, follow these three simple steps:

  1. Create an account using our Bybit referral code COINMASH
  2. Deposit at least $100 within 7 days of registering
  3. Complete the assigned tasks to your Bybit account
  4. Claim your rewards!

Bybit rewards for December 2022:

30 USDT Welcome Gifts

  • 3 USDT coupon for Lv.1 Verifications
  • 5 USDT coupon for App Login
  • 1 USDT coupon for $1 deposits
  • 10 USDT coupon for $100 deposits
  • 3 USDT coupon for New Spot Traders
  • 3 USDT coupon for New Derivatives Traders
  • 5 USDT coupon for 3-day Active Traders

30,000 USDT Deposit Blast-Off Rewards

  • 50 USDT bonus for $1000 deposits
  • 100 USDT bonus for $3,000 deposits + $10,000 in trades
  • 350 USDT bonus for $10,000 deposits + $50,000 in trades
  • 800 USDT bonus for $20,000 deposits + $200,000 in trades
  • 5,000 USDT bonus for $100,000 deposits + $15,000,000 in trades
  • 8,000 USDT bonus for $125,000 deposits + $50,000,000 in trades
  • 30,000 USDT bonus for $250,000 deposits + $150,000,000 in trades

Completing these milestones will earn members rewards. In addition, different milestones will make members eligible for rewards and incentives of different amounts (and the terms of the rewards are mapped out to help you achieve them).

Bybit Referral Program

Like many other crypto exchanges, Bybit has a referral program, allowing its users to create a personalized referral link to invite new users to the platform in exchange for a commission.

Bybit Referral Program
Bybit Referral Program

Bybit’s referral program offers a commission of up to 30% for every user referred through your referral link.

Bybit Referral Commissions

Bybit’s commission rates work in three tiers, starting at 20%. After you invite 5 qualified referees, the commission rate is bumped up to 25% and then to 30% after inviting 100 qualified referees.

What is a Qualified Bybit Referee?

A qualified Bybit referee is a new user that signs up with your referral code and deposits at least $100 within 7 days of signing up.

Is there a limit to the number of people I can refer on Bybit?

Bybit heavily advertises that they do not cap the number of referrals and encourage their users to use the links to build connections and enhance the Bybit community.

How to Join the Bybit Referral Program (Create referral codes)

You can join the referral program by following the steps below:

  1. Sign up for the Bybit exchange and complete the necessary KYC steps
  2. Click on your Account Icon and then click on Referral Program
  3. From there, you can Generate an Invite Code and Link and begin inviting new users
  4. You will then receive commissions in USDT that can be withdrawn or used on the exchange

Bybit Affiliate Program

Bybit also has an Affiliate Program where influences in the space and apply to receive higher commission rates for promoting the exchange.

Affiliate partners will be able to earn up to 50% commissions from successful sign ups plus 10% on sub-affiliate earnings and 5% on Bybit Earn products.

How to Join the Bybit Affiliate Program

To join the Bybit Affiliate Program, visit their affiliates site and click on Join Our Affiliate Program. From there, you’ll need to fill out the form and apply to be an affiliate.

Successful applicants will receive a notice email from Bybit saying they’ve been accepted into the program.

Bybit Exchange Overview

What Assets are Available on Bybit?

Some of the most popular assets available on Bybit include:

  • BTC
  • ETH 
  • SOL 
  • SAND 
  • NEAR 
  • XRP
  • AVAX
  • GALA

Alongside other NFT, Metaverse and DeFi assets, you can see the full marketplace here.

Bybit Learn also offers valuable guides on new-to-market assets and a breakdown of how the marketplace and different asset types work. If you’re a new trader, it’s an excellent resource to learn the ins and outs of Bybit.

Here is a breakdown of Bybit’s fees:

ExchangeMaker Fee RateTaker Fee RateNet Fee Accrued to Platform
Bybit (Non-VIP)0.10%0.10%0.20%
OKX0.08%0.10%0.18%
Binance(VIP 0)0.10%0.10%0.20%
Huobi0.20%0.20%0.40%
Kraken0.16%0.26%0.42%
Gemini0.25%0.35%0.60%
Coinbase0.50%0.50%1.00%
Bitstamp0.50%0.50%1.00%
Updated as of March 1, 2022 – Source: Bybit

Flexible Staking on Bybit

Flexible Staking allows members to stake tokens (BTC, ETH, etc.) and earn guaranteed yields in the same token types with a high annual percentage yield (APY). 

Bytbit Flexible Staking
Bytbit Flexible Staking

The guaranteed yield will be automatically deposited daily to the members’ ByFi account. The low-risk and flexible nature and easy-to-use offering make it an easy-to-use option for both new and experienced traders.

APY Boosters can also be applied when purchasing Flexible Staking products, increasing the cumulative APY.

Bybit Launchpool

Bybit Launchpool allows traders to stake and earn tokens for free. However, the number of tokens you earn is subject to the number of tokens you stake in the pool.

Bybit Launchpool
Bybit Launchpool

Your daily yield will be calculated the next day based on the number of tokens you stake in proportion to those staked by other participants. Returns from Bybit Launchpool can include a USDT bonus and your new tokens, and the return of the original stake. Tokens that have been staked can be unstaked at any time.

Compacting is not yet supported, so manual deposits must be made each day to take advantage of Bybit Launchpool.

Bybit Referral FAQ?

What is the Bybit referral code?

The Bybit referral code is YO1GRE and can be claimed when signing up for the Bybit exchange.

What is the Bybit promo code?

The Bybit promo code is YO1GRE and can be activated when you sign up to the Bybit exchange.

What is the Bybit bonus code?

The Bybit bonus code is YO1GRE and can be used when creating a Bybit account.

What is the Bybit referral bonus?

The Bybit referral bonus is $30 is welcome gifts and $3000 in blast-off rewards. Rewards can be claimed via the Bybit Rewards Hub after signing up with our Bybit referral code.

Is Bybit free?

Yes, Bybit is free to use however the exchange earns commissions off fees from the trading platform.

Is Bybit suitable for beginners?

Bybit offers some significant reward options to its members and is an excellent option for those looking to reach milestones and engage in an active community.  Bybit Learn also offers some excellent guides and resources for new traders to help you get started and explore the market to find the right crypto assets.

Disclaimer
All articles published on Coinmash are strictly for informational purposes only. Coinmash has no involvement with any assets discussed and urges everyone to do their own research before making any financial decisions. Read our disclaimer to learn more.

Author

James Satoshi
James Satoshi
James is a leader in Web3, NFTs, & DeFi with over 4 years of experience in the industry. You'll spot him covering all topics through-out Coinmash in our guides and analysis sections.