Trading on Leverage is a skill and is recommended for experienced traders only and in this volatile crypto market, you are sure missing on something. But as you have read the title, we will surely share some legit ways to earn extra bucks. Read this article carefully as we will explain below how you can earn free money using the Bybit Referral Program, Bybit Affiliate Program, and Free Bybit Bonus from Reward Hub?
Bybit Referral Code : 3JR6R
Bybit is a Leverage Trading Platform where you can register just using your email or your phone number and start earning money using it’s various signup programs.
Usually, the referral and affiliate programs are similar and you can earn free only via the programs but Bybit differs from other exchanges.
The Bybit Affiliate and Bybit Referral schemes are different from each other that reap separate bonuses for you. Additionally, the Bybit Rewards from the reward hub also help you earn more money for trading purposes. So, read the information below for a detailed explanation.
|Referral Link||Click Here|
|Referral Bonus||$10 + $90|
How to Register on Bybit?
Before you get the details about the various Bybit Bonus earning programs, the first thing you have to do is register on Bybit. Registration process on bybit is one of the simplest. In-fact it cannot be simpler than this.
All you need is a registered email or a valid phone number and you are good to go. But before you do so we suggest you use our link below to register. This, you can consider as a way to thank us for the awesome information that we gave you in this Blog.
1. Bybit Email Registration
- Click on the above referral link.
- Choose the email registration tab.
- Enter your email and Password that you wanna set.
- The referral code is already there.
- Click the “Register” button.
- You will get a verification code on your registered mail.
- Enter the code on the next page.
- Congrats! You have successfully registered on Bybit using our Bybit Referral Link.
2. Bybit Mobile Registration
- Go to the Mobile registration tab.
- Choose your country so that it can get the country code.
- Enter your Mobile number and password that you want to set for this site.
- Again the referral code is already present there.
- Now, Click on “Register”. An OTP will be sent to your registered mobile number.
- Enter the OTP you get and you are good to go with Bybit.
The mobile registration sign up tab and email registration tab looks something like the below pic.
Now that you have Signed up on Bybit Exchange, it’s time for some free money. There are three ways you can earn money on Bybit – referral, affiliate and reward hub. We will discussing all the three in detail now.
Bybit gives you the right to choose how you want to earn free money either by Referral or by an Affiliate Program? So let’s start with referral first as we have already detailed it above.
Bybit Referral Program
We have already mentioned our referral code and referral link above in the article. You can further use your own referral code to invite your friends. But before you do that you need to know some terms and conditions regarding the Referral program.
How to unlock $10 Bybit Referral Bonus?
Suppose, you successfully referred a number of persons and are entitled to get the $10 Bybit Trading bonus per referral but you find out that you didn’t get the supposed amount. Well, there are two conditions that your referral i.e. the person you referred to, needs to meet. Only then your $10 earnings get updated into your wallet.
- The first and foremost thing is obviously the fact, that the person whom you referred should sign up on the Bybit Exchange or Bybit App using any of the above mentioned two methods.
- Secondly, they must make an initial deposit of at least 0.02 BTC or more into their BTC Wallet. This kind of proves that the person you referred to is on the exchange for trading and you are not trying to earn free money using duplicate accounts. Remember, as of the date of writing this article, only BTC deposits are supported. This means the reward is not valid if he/she deposits any other altcoin in the value of 0.02 BTC.
Terms and Conditions : Bybit Referral
Apart from the above conditions on referrals, there are some important points to remember about the Bybit Referral Bonus.
- Registration by any method on Bybit puts you in the Referral Program by default, no matter you register directly or via a referral link. So, we will appreciate, if you use our referral link given above to signup.
- There is no limit on the number of referrals you can refer to. This means you can earn indefinitely, so the more you are able to refer, the more chances of earning.
- In case Bybit finds out that you have indulged in some kind of dishonest behavior to abuse their Referral Program, then there will be consequences like immediate account termination, forfeitures of all Rewards and profits that you may have earned. So, we won’t recommend making duplicate accounts to cheat Bybit.
- Lastly, Remember, Referral and Affiliate Schemes are two separate programs and bybit allows you to choose only one of them.
This is all you need to know about the Bybit Referral Bonus scheme. If this program does not allure you then you have another very good option from Bybit which we have detailed below.
Consider joining a similar platform using our Bitmex Referral Code.
Bybit Affiliate Program
This is one of the only exchanges that offer a separate Affiliate and Referral program enabling them to give users a better options depending on person to person. By becoming Bybit’s Business Partner you get up to 30% Trading Fee Commission.
How to Join Bybit Affiliate Program?
You can join the affiliate program using the Bybit Affiliate Login page here. When you join the affiliate process three things will happen:
- Your application for becoming a business partner will be reviewed that may take a maximum of around 1 week.
- It’s up to Bybit to decide that you are eligible to become an affiliate partner or not.
- Lastly, once you become an affiliate partner, you will be automatically taken out of the referral program and transferred into the affiliate account along with the previous referrals that you may have done prior to shifting.
What do you get as a Bybit Affiliate?
- You can get up to a 30% Trading fee commission.
- As a Bybit New User, you will get exclusive $90 rewards in order to help affiliates, like you, to facilitate more new users to register and trade on Bybit. So, in a way, Bybit knows how to keep a Business partner happy.
- The best thing about this program is that you can earn lifetime commissions on your referrals’ trades. So, it is kind of a passive income that is kind of self-executing. You refer once and enjoy forever.
- The settlement of commissions and data updation works in real-time daily. This means you there is no wait time, which makes the program really alluring and reliable.
- Bybit also claims that their affiliate commission rates are more than 2 Times Higher Than Industry Standards. This also makes a very favorable feature as who doesn’t want to earn more.
- Lastly, Bybit ensures full help to their affiliate partners via features like 1-on-1 assistance from professional BD Manager, Data Transparency and marketing support in order to tailor your every need as an affiliate partner. This enhances your efficiency to bring new users very well.
If you ask us, the Bybit Affiliate Program seems like a much more promising deal, especially for Bloggers like us, instead of their Referral Program. Nevertheless, this also depends on person to person as the Referral Program is a much quicker process than Affiliate. So, now you have two ways to earn free money using Bybit Exchange, it’s now time for the third way.
Bybit Rewards Hub: New Users Bonuses
The Bybit Reward Hub is a place where you can complete some tasks and earn bonuses/coupons accordingly. There are two ways by which you are rewarded for completing the tasks – Bybit Bonus and Bybit Coupon. There are separate rewards, for new users and flash deals for old users.
- Once you redeem a bonus or a coupon, it will take around 2 working days for the bonus to credit into your trading account.
- You can check the “My Assets” page in your profile located on the left top corner of the screen to review your earned bonuses and coupons.
- Both can be neither used for coin swap nor for covering the withdrawal fees.
- Any suspicion on abuse of Bybit Rewards Hub schemes will result in immediate termination of all your associated accounts.
Bybit Bonus Explained-:
Bybit Bonus basically helps you to trade risk free as you will be using the bonus to trade and hence profit is your but loss is not there as you got it for free. The bonus is basically to encourage users to experience trading as it is used to cover loss and fees prior to user’s own capital.
- Bybit Bonus can be used for three purposes – as trading margin, to deduct the trading loss and lastly, as transaction fee.
- You have a 21 days window to activate the bonus, once you get it. This can be done by trading activity and after activation, there will be no expiry for lifetime.
- If you do any kind of withdrawal then your Bybit Bonus will be forfeited.
- If you luckily made a profit from the bonus, then you can take it out but the Bonus itself can never be withdrawn.
Bybit Coupon Explained
The coupon acts a bit differently than Bonus and you will mainly benefit with fee deductions using the coupon.
- You can use them as transaction fees and similar to bonuses they too cannot be withdrawn.
- There are two types of first deposit coupons. One is for small traders that will yield you $5 only and the other is for big traders that will make you $50. But as both are first deposit schemes, so they can be used only once. You have to choose according to your portfolio which one you want to aim for. You cannot go for both.
- The deposit for the Total deposit coupon can be made in ETH/EOS/XRP coins but swapping the coins won’t be eligible.
- The coupon type you receive will be in the same coin type by which you make the initial deposit.
Bybit Airdrop Bonanza
All the above mentioned earning programs mostly remain on site but there are also frequent Bybit Airdrop events that keep happening and one of them is currently active. This Airdrop Event consists of 4 separate Airdrop with their separate dates and functioning conditions. So, read below to get more details on all 4 Airdrops and the conditions surrounding them.
How to Pre- Register for Bybit Airdrop?
Date: 9th April 10 AM (UTC) – 12th April 10 AM (UTC)
Rewards: Additional 20% Rewards Boost
Follow the steps below to Pre-Register for the Airdrop, so that you can reap the additional 20% benefits on Airdrop 1 and Airdrop 2.
- Go to the Airdrop Page – Bybit’s USDT Perpetual Contracts Blitz!
- Click on the “Pre-register” button.
- Share about the Airdrop event on any of the social media platforms listed there.
- Now, you have successfully pre-registered for the Airdrop Events.
- Check on the event page above. The status should show “Registration Successful”.
Bybit Airdrop – Terms and Conditions
There are some common rules that govern all the different Airdrops all of which I have mentioned below. The exceptions will be mentioned with the Airdrop explanations in the next section.
- The wallet balance that has to be staked to participate in the various Airdrop will not include the bonus & coin swap amount.
- In Airdrop 1 and 2, you have to make sure that your wallet balance is apt enough to meet the Airdrop requirements, especially at the time of the Airdrop Snapshot.
- I have already mentioned above in the Bybit Rewards section about how bonuses and coupons can or cannot be used. So, in a similar fashion, both can neither be withdrawn nor coin swap.
- In Airdrop 4 Event, trading volume will include both opening and closing positions.
- Each airdrop reward needs to be claimed in seven days maximum else the bonus or coupon will be forfeited automatically.
- Lastly, Each specific IP address associated with each account can only claim rewards once else the eligibility and claimed rewards will be revoked in action to abuse of Airdrop Program.
Bybit Airdrop Events Detailed
There are 4 different Airdrop events happening at specific dates and with specific rules which are detailed below. You can also know about How to Participate in Bybit Airdrop below. So, scroll down below!
Airdrop 1: BTC Wallet Balance-Ballet
Date: 13th April 10 AM (UTC)
Eligibility: USDT wallet balance ≥ 50 (excluding bonuses)
Rewards: 50 USDT Bonus
Pre-Registration Bonus: Additional 20% i.e. Total 60 USDT Bonus
- Bybit servers will capture an Airdrop Snapshot on the date mentioned above.
- You have to meet the eligibility requirements to receive a bonus reward. Click on the “Claim Now” button on the page.
- Only pre-registered users will get the pre-registration bonus.
Airdrop 2: USDT Wallet-Waltz
Date: 16th April 10 AM (UTC)
Eligibility: BTC wallet balance ≥ 0.5 (excluding bonuses)
Rewards: 60 USDT Coupon (2% of USDT wallet Balance)
Pre-Registration Bonus: Additional 20% i.e. Total 72 USDT coupon
- Again, as above, Bybit servers will capture a screen-shot of your BTC Wallet Balance on the above mentioned time and date.
- Ensure your wallet balance meets the eligibility requirements.
- If you are not preregistered then you have to adjust with only 2% of USDT coupon or 60 USDT coupons.
- Again, click on the “Claim Bonus” button on the page.
- The 2% coupon you get will be a rounded figure of the nearest whole number.
Airdrop 3: Bybit MVF (Most Valuable Feed backer)
Rewards: 500 USDT Bonus + Sterling Silver Bybit Commemorative Coin
Eligibility: Trade USDT perpetual contracts + Provide Feedback Experience
- Go to the feedback page by clicking on “Submit Feedback” button.
- Bybit’s representatives will get in touch with you only if your feedback gets selected as “Bybit MVF”. They will decide it. You have no say in this.
Airdrop 4: USDT Bonus Tier-Tango
Date: 12th April 10 AM (UTC) – 10th May 10 AM (UTC)
Reward Date: Credited after 10 AM (UTC) on 10th May
Pre-Registration Bonus: Not Applicable
Rewards: The rewards depend on the level that you unlock by your net trading volume. Below is the chart for the same:
- Firstly, you need to click on the “Register Now” button to be eligible for the reward.
- Trades closed during the campaign period will only be counted in the total trading volume.
- You cannot win on multiple tiers above. You can only win one of them from above list, depending on the highest tier you can unlock.
- The record keeping and updation of trading volume is done automatically by Bybit servers.
- It does not matter on which platform you trade. Trading volume and net deposits in USDT only, generated on PC, App, and Mobile site will count as valid. Only trading volume generated by API is excluded.
- Your activity page will show you your current total trading volume.
Bybit Review : Conclusion
Bybit is a leverage trading platform where you can register just using your email or mobile number only. None of the KYC processes is necessary, which eradicates hassles. You can deposit and trade with BTC, ETH, EOS, and XRP with up-to 200x leverage. The layout is very similar to Binance exchange and hence, you get a very clean and sleek design which makes it very easy and user friendly.
Similar to other leverage trading websites, you can only go long or short with your cryptos but cannot buy or sell cryptos into fiat. If you are an experienced trader or new into trading this platform is good enough for you.
We would appreciate it if you sign up using our Bybit Referral or Affiliate links to sign up. This would be a very good way to thank us and as always if there are any queries, do put them in the comment box. We will do our best to help you.