Earn Trading Bonuses on Bybit with a Referral Code
Bybit's Rewards Hub pays deposit-gated USDT bonuses plus a Mystery Box — what you earn, and why it's trading credit, not cash. Not available for US users.
Updated June 2026 · Reviewed by the PipeFlare team
Stack USDT trading bonuses by depositing and trading
Rewards Hub credits unlock as you deposit (7 days) and trade (30 days) — note: trading credit, not cash
Open a Free Bybit Account →Bonus type
Trading bonus credit (non-withdrawable) + referrer commission
Requirement
Enter code at signup, deposit within 7 days, then trade a set volume in 30 days
Who gets paid
Bonus credit in the Rewards Hub; referrer earns commission
Availability
Not available in the US, Canada, Singapore + other regions
About the Bybit bonus
A Bybit referral code links your new account to the person who referred you and qualifies you for Bybit's new-user reward track. You enter the code at signup, then unlock rewards in the Rewards Hub by depositing and trading. Bybit is a derivatives-focused exchange, so its sign-up perks reward activity rather than paying a flat cash bonus. One key catch: most Bybit bonuses are non-withdrawable trading credit, not cash you can cash out. Bybit also does not serve the United States and several other regions, so confirm access in your country first. Reddit threads about Bybit referrals describe the same deposit-and-trade-gated reward track outlined above. You may also see a Crypto Banter partner code circulating for Bybit. Crypto Banter is a crypto trading media outlet with its own promotional Bybit link. That link runs on the same underlying Bybit terms described above, not a separate bonus structure.
How the Bybit offer works
You register with the referral code (or a referral link), verify your identity, then complete two new-user tasks. First, deposit a qualifying amount within your first 7 days. Then trade a set volume within 30 days to release the rest of the rewards. Each side typically earns small USDT bonuses plus a chance at a Mystery Box at higher trade tiers. The rewards you receive are usually trading bonus credit, and the referrer separately earns a commission on your fees. Because the offer is deposit- and trade-gated, exact amounts and tiers change often.
How to claim it
- 1Enter the Bybit referral code during signup, or follow a referral link that applies it for you.
- 2Verify your identity (KYC) to unlock deposits and the Rewards Hub.
- 3Make the qualifying deposit within 7 days to clear the first reward task.
- 4Trade the required volume within 30 days to release the remaining bonuses, then claim them in the Rewards Hub.
Pros
- Rewards Hub stacks deposit bonuses, trade bonuses, and a Mystery Box from simple tasks.
- Strong derivatives platform with deep liquidity and low trading fees.
- Both the new user and the referrer earn rewards, plus ongoing referral commission.
Watch out for
- Not available to US users and several other restricted regions.
- Bonuses are non-withdrawable trading credit, usable only for Derivatives margin and fees.
- Rewards are deposit- and trade-gated, so the value you get depends on how much you trade.
Common questions
What does the Bybit referral code unlock?
A Bybit referral code links your new account to a referrer and qualifies you for the new-user reward track in the Rewards Hub. You release the rewards by depositing within 7 days and trading a set volume within 30 days. Rewards typically include small USDT bonuses and a chance at a Mystery Box. Exact amounts and tiers change often.
Is the Bybit bonus real cash I can withdraw?
No. Bybit bonuses are non-withdrawable trading credit, not cash you can cash out. The credit can be used as margin for Derivatives trading and to offset trading fees and losses, applied automatically before your own funds. Importantly, profits you earn from trading with the bonus can be withdrawn. Bonuses cannot be used for Spot trading.
Can US users sign up to Bybit with a referral code?
No. Bybit does not offer services to users in the United States, which is an excluded jurisdiction in its Service Agreement. Bybit blocks US IP addresses, so a referral code will not let US residents register. Canada, Mainland China, Singapore, and other regions are also restricted. Confirm access in your country before signing up.
Do I have to deposit to get Bybit rewards?
Yes. Bybit's new-user rewards are deposit- and trade-gated. You typically must deposit a qualifying amount within 7 days, then trade a set volume within 30 days. Each task releases part of the reward. Without a deposit, most of the bonus track stays locked.
Can I add a Bybit referral code after registering?
No. The referral code must be entered during signup. Bybit does not let you attach a referral to an existing account. Apply the code before you finish registering, or you will miss the referred-user rewards.
Is Bybit safe and legit to use?
Yes, Bybit is a legitimate exchange, though it experienced the largest crypto exchange hack on record in February 2025. According to Bybit's incident timeline, attackers compromised the Safe{Wallet} multisig interface during a routine cold-to-hot wallet transfer on February 21, 2025. Authorized signers were tricked into approving the transfer of about 401,000 ETH, valued between $1.4 billion and $1.5 billion. Bybit covered the loss in full and resumed withdrawals within roughly 12 hours. It has since added an insurance fund of approximately $400 million and holds a European Economic Area (EEA) Markets in Crypto-Assets (MiCA) license. Bybit has also published over 30 consecutive monthly Hacken-audited Proof of Reserves reports with reserve ratios above 100%. You can compare Bybit's security practices on the most secure crypto exchanges guide and verify your country's legal availability on Bybit before opening an account.
Sources
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