Bybit is the world's third-largest cryptocurrency derivatives exchange, serving over 30 million users with $20 billion in daily trading volume. Founded in 2018, Bybit pioneered the inverse perpetual contract and has become the preferred platform for derivatives traders worldwide. Our Bybit referral code grants new users up to $30,000 in sign-up bonuses through Bybit's deposit and trading events, plus a permanent 20% discount on spot and derivatives trading fees.
Open Bybit's registration page through our referral link. The referral code TBD applies automatically. Bybit will display 'Invited by CryptoPing' on the signup form, confirming the code is active.
2
Register with Email or Phone
Sign up with email + password or phone number. Phone signup is often faster for non-Western users. Choose a strong password (12+ characters with mixed case and symbols).
3
Verify Identity (KYC)
Bybit offers tiered KYC: Level 1 (basic info) for $20K daily withdrawals, Level 2 (ID + selfie) for $1M daily, Level 3 (proof of address) for $2M. Most users only need Level 2, completing in 10-30 minutes.
4
Claim $30,000 Sign-Up Bonus
Navigate to the Rewards Hub immediately after signup. The sign-up bonus is split across multiple tasks: $10 for first deposit, $20-100 for first trade, larger bonuses for higher deposit and trading volumes. Complete tasks within 30 days to unlock the full $30,000.
5
Activate 20% Fee Discount
Confirm the referral discount under Account → Affiliate Center. The 'Trading Fee Rebate: 20%' badge should appear on your dashboard. This discount stacks with VIP tier upgrades and applies to all spot and derivatives trades.
Bybit Referral FAQ
How does the Bybit $30,000 sign-up bonus work?
The Bybit sign-up bonus is split across multiple events: first deposit bonus ($10-100 depending on amount), first trade bonus, trading volume milestones, and deposit milestones. To unlock the full $30,000, you need to complete all tasks within 30 days, including substantial trading activity. Most casual users unlock $50-500.
Is the Bybit 20% fee discount permanent?
Yes. The 20% trading fee discount activates immediately upon registration with our referral code and applies forever to all your trades. Even as you climb VIP tiers (which provide additional discounts), the 20% referral discount stacks on top permanently.
Can US residents use Bybit with the referral code?
No. Bybit blocks US residents per regulatory requirements. Our referral code works in 200+ countries including the UK, EU, Asia, Latin America, and Africa, but not the US. US traders should consider Bybit alternatives or our Binance referral instead.
Does Bybit require KYC to use the referral code?
Basic registration works without KYC, but to unlock the full $30,000 bonus and withdraw funds, you need at least KYC Level 2. The referral fee discount (20%) applies without KYC but withdrawal limits are restricted to $20K/day without KYC.
How does Bybit compare to Binance for derivatives?
Bybit offers higher leverage (100x vs 125x), faster matching speed, and a more intuitive interface for derivatives traders. Binance has deeper liquidity on major pairs but Bybit has tighter spreads on altcoin futures. Both offer 20% fee discounts via our referrals.
Is Bybit safe? What about the 2024 hack?
Bybit experienced a $1.4B hack in early 2024 but reimbursed all affected users within 72 hours without any customer losses. Since then, Bybit has strengthened security with multi-sig wallets, biometric authentication, and a $1B asset protection fund. The exchange is fully solvent and audited monthly.
Ready to Save 20% on Every Trade?
Register with our Bybit referral code — lifetime discount.