Bybit Referral Code 2026: Claim Up to $30,000 in Bonuses
Last updated: April 2026 | Bybit referral code| Estimated reading time: 35 minutes
Introduction
The Bybit referral code for April 2026 is 130902 — entering it during registration unlocks up to $30,000 USDT in welcome bonuses, a 30% discount on trading fees, and access to exclusive rewards that are not available to standard sign-ups. If you are about to create a Bybit account and have not entered a code yet, this guide will make sure you do not leave money on the table.
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 80 million registered users across 160 countries. Founded in 2018 and headquartered in Dubai, it processes billions of dollars in daily trades across spot markets, futures, options, and copy trading. For anyone serious about crypto trading, it is one of the most feature-complete platforms available in 2026.
But there is one thing that almost every new user misses: the sign-up referral code. It takes five seconds to enter, it costs nothing, and it can be worth thousands of dollars in trading bonuses. This guide will walk you through exactly how to use the Bybit referral code, what bonuses you can realistically expect, how the bonus tier system works, and — crucially — what to watch out for, because not every “bonus” works the way you might expect.
Before we go any further, one thing you should know about Cryptosmap: we are a crypto protection and intelligence platform. That means we review platforms honestly. We will tell you what Bybit does well, what its limitations are, and what you need to understand before you deposit any money. If you want to verify Bybit’s legitimacy yourself before committing, you can run it through our free Trust Engine — it checks exchanges and projects against multiple on-chain safety databases in under 60 seconds.
⚠️ Affiliate disclosure: The referral code on this page (130902) is Cryptosmap’s affiliate link. If you sign up using it, we may earn a commission — at no cost to you. This never affects our ratings or editorial independence. We have covered Bybit’s risks as honestly as its strengths.
What Is a Bybit Referral Code?
A Bybit referral code — also called an invite code, promo code, or referral ID — is a short alphanumeric string that new users enter during the account registration process. When applied correctly, it links your new account to a promotional programme that Bybit runs for new users, unlocking a welcome bonus package that would not otherwise be available.
The referral system works in two directions:
- New users get access to welcome bonuses, fee discounts, and exclusive promotional rewards.
- Existing users (like affiliates and content creators) earn a commission when their referrals trade on the platform.
Neither party pays extra fees because of this arrangement. The bonuses come from Bybit’s marketing budget — the exchange essentially shares its customer acquisition costs with affiliates rather than spending them entirely on advertising.
The code 130902 is Cryptosmap’s active referral code for 2026. It is valid for all new accounts and activates the full welcome bonus package described in detail below.
How Much Is the Bybit Referral Bonus Worth?
This is where things require some careful explanation, because the headline figure of “$30,000” is a maximum potential amount, not a guaranteed payout. Understanding the structure will help you set realistic expectations and make sure you claim every dollar you are actually entitled to.
Bybit structures its welcome bonus across multiple tiers, each linked to a combination of deposit size and trading volume. Here is how it breaks down:
Tier 1 — Basic welcome reward:
- What triggers it: registering with a referral code and completing basic KYC verification
- Reward: up to 20 USDT in welcome vouchers, credited to your Rewards Hub
- Who can claim it: virtually every new user
Tier 2 — First deposit bonus:
- What triggers it: making your first deposit within a set number of days of registration
- Reward: varies by deposit size, typically between 10 USDT and several hundred USDT
- Example: deposit $100, receive approximately 10–15 USDT in trading vouchers
Tier 3 — Trading volume bonus:
- What triggers it: reaching specific cumulative trading volume thresholds within a time window
- Reward: scales progressively from around 30 USDT up to the maximum tier
- Maximum: the full $30,000 is only unlocked by depositing $250,000 and trading $150 million in volume — this is the institutional tier
Tier 4 — Task-based rewards:
- What triggers it: completing additional tasks such as your first futures trade, copy trade, or spot swap
- Reward: small incremental vouchers (typically 5–50 USDT per task)
- Who can claim it: any new user willing to explore the platform’s features
For the vast majority of new users — those depositing between $100 and $10,000 — the realistic welcome bonus is between $20 and $300 USDT. That is still meaningful, particularly because most of it comes in the form of trading fee vouchers that reduce your actual cost of trading.
The $30,000 figure is not a scam or false advertising — it is simply the theoretical maximum across all tiers and tasks. Think of it the way an airline thinks of “up to 100,000 points”: the maximum requires a significant spend threshold, but meaningful rewards start from the very first interaction.
Is the Bybit Referral Code Safe to Use?
Yes — referral codes are a native, fully documented feature of Bybit’s platform. Using one during registration is entirely safe and does not expose you to any additional risk. The code simply links your account to the promotional programme.
However, there are a few things worth being aware of:
Only enter referral codes on the official Bybit website. The official URL is bybit.com. Phishing sites that impersonate Bybit are a real threat. Before signing up, check that the URL is exactly right — scammers often use slight misspellings like “byb1t.com” or “bybit-exchange.com” to catch people out. If you are ever unsure whether a crypto website is legitimate, our Scam & Rug Pull Alerts page tracks active phishing campaigns targeting Bybit users.
Referral codes cannot be added after registration. This is one of Bybit’s policies. If you create your account without entering a code, you permanently lose access to the referral bonus. There is no retroactive option.
Bonus funds are not immediately withdrawable. Welcome bonus funds are typically issued as trading vouchers rather than free withdrawable USDT. They can be used to offset trading fees or as margin in trades, and any profits you generate with bonus funds are yours to keep and withdraw. But the bonus itself is a trading credit, not a cash deposit.
How to Sign Up on Bybit and Apply the Referral Code (Step by Step)
Creating a Bybit account and correctly applying the referral code takes less than five minutes. The process is largely the same whether you are signing up on desktop or mobile. Follow these steps carefully — particularly Step 4, which is where most people accidentally miss the referral code field.
Step 1 — Go to the Official Bybit Website
Open your browser and navigate to bybit.com. Double-check the URL before entering any personal information. The correct address is exactly bybit.com — nothing else. Scammers frequently create lookalike sites using addresses such as bybit-exchange.com, byb1t.com, or bybit-signup.net to steal credentials.
If you want to verify that you are on the genuine Bybit domain before you start, look for the padlock icon in your browser’s address bar and confirm the SSL certificate is issued to Bybit. You can also cross-reference with Bybit’s official CoinGecko listing, which links directly to the verified exchange domain.
Cryptosmap tip: Fake exchange sign-up pages are one of the most common phishing tactics in crypto. Our Scam & Rug Pull Alerts page tracks active impersonation campaigns targeting Bybit and other major exchanges. Always verify you are on the real domain before entering your email address or password.
Step 2 — Click “Sign Up”
On the Bybit homepage, locate the Sign Up button in the top-right corner of the screen. On mobile, it typically appears as a prominent button on the landing page. Click it to open the registration form.
You will be offered two registration options:
- Email address — recommended for most users, as it gives you a reliable recovery route
- Mobile phone number — works equally well, but email recovery is generally more robust
You can also register using Google or Apple sign-in if you prefer not to create a separate password. Whichever method you choose, the referral code process is identical.
Step 3 — Create a Strong Password
If registering by email or phone number, you will be prompted to set a password. Use a password that is at least 12 characters long and includes a mix of uppercase and lowercase letters, numbers, and symbols. Do not reuse a password from another account.
If you are using a password manager (which we strongly recommend), generate a random password and store it there. Common choices include Bitwarden (free and open-source) or 1Password.
Step 4 — Enter the Referral Code (Critical Step)
This is the step that matters most for your bonus eligibility. On the registration form, look for a field labelled “Referral Code”, “Invite Code”, or “Promo Code” — it is usually located near the bottom of the sign-up form, below the password field.
Enter the following code exactly as shown:
Referral Code: 130902
Type it manually or copy and paste it. Make sure there are no extra spaces before or after the code. The code is not case-sensitive, but it is worth double-checking before you submit.
If you do not see the referral code field: Some versions of the Bybit app or mobile site hide this field behind a toggle. Look for a small link that says “Have a referral code?” or a dropdown arrow near the bottom of the form. Tap or click it to expand the field.
If you clicked a direct referral link: If you arrived at Bybit via a referral link (for example, a link from this page), the code may be pre-filled automatically. Check that the field shows 130902 before submitting. If it shows a different code or is blank, clear the field and enter 130902 manually.
You cannot add the referral code after registration. Bybit’s system links the code to your account at the moment of creation. There is no retroactive application, and Bybit’s support team cannot manually add a code after the fact. If you accidentally skip it, you will not be eligible for the welcome bonus.
Step 5 — Verify Your Email or Phone Number
After submitting the registration form, Bybit will send a verification code to your email address or phone number. Enter the six-digit code within the time limit shown. This step confirms that you own the contact details you registered with.
Once verified, your account is created and you will be taken to your Bybit dashboard for the first time.
Step 6 — Enable Two-Factor Authentication (2FA) Immediately
Before you do anything else — before depositing, before exploring the platform — enable two-factor authentication. This is non-negotiable for the safety of any crypto exchange account.
To enable 2FA on Bybit:
- Click your profile icon in the top-right corner
- Go to Account & Security
- Scroll to the Two-Factor Authentication section
- Select Google Authenticator (preferred) or SMS verification
- Follow the on-screen instructions to link your authenticator app
Google Authenticator and Authy are both free to download and work identically for this purpose. Authenticator-app 2FA is significantly more secure than SMS-based 2FA, because SMS codes can be intercepted via SIM-swap attacks — a threat that is unfortunately common in the crypto space.
How to Complete Bybit KYC Verification
KYC (Know Your Customer) verification is mandatory on Bybit as of 2023, and it is required before you can claim the welcome bonus from your referral code. Unverified accounts cannot access the Rewards Hub, cannot deposit via bank transfer, and face withdrawal restrictions.
The good news: Standard KYC (Level 1) typically takes between five and fifteen minutes to complete, and verification is usually approved within 30 minutes during normal hours.
The Three KYC Levels Explained
Bybit offers three tiers of identity verification, each unlocking progressively higher withdrawal limits and additional features:
Standard (Level 1)
- Documents required: government-issued photo ID (passport, national ID card, or driver’s licence) plus a live selfie
- Daily withdrawal limit: up to $1,000,000 USDT equivalent
- Time to complete: 5–15 minutes
- Processing time: usually under 30 minutes; can take up to 48 hours in busy periods
- Bonus eligibility: yes — Standard KYC is sufficient to claim the referral welcome bonus
Advanced (Level 2)
- Documents required: Level 1 documents plus proof of address (utility bill, bank statement, or government-issued document dated within the last three months)
- Daily withdrawal limit: up to $2,000,000 USDT equivalent
- Time to complete: 10–20 minutes
- Processing time: up to 2 business days
Pro (Level 3)
- Documents required: Enhanced Due Diligence (EDD) questionnaire plus supporting documents for proof of income
- Daily withdrawal limit: set by individual arrangement
- Who needs this: institutional traders and high-volume users
For the vast majority of users, Standard KYC is all you need to start trading and to claim your referral bonus. Advanced and Pro levels are only necessary if you plan to withdraw very large amounts or want access to certain institutional services.
Step-by-Step: Completing Standard KYC
Step 1 — Navigate to Identity Verification From your dashboard, click your profile icon and go to Account & Security, then select Identity Verification. Alternatively, look for the “Verify Now” banner at the top of your dashboard, which appears for all unverified accounts.
Step 2 — Select Your Country of Residence Choose the country that issued your identity document. This determines which document types Bybit accepts from you. Select carefully — this cannot easily be changed later and affects which products you can access.
Step 3 — Choose Your Document Type Bybit accepts the following for Standard KYC:
- Passport
- National identity card
- Driver’s licence
- Residence permit
Student IDs, temporary passes, and digital-only documents are not accepted. The document must be a physical original with at least one month of validity remaining.
Step 4 — Upload Your Document Photos Place your ID on a flat, dark surface — the contrast helps the camera focus accurately on the edges of the card. Photograph the front of the document. If your document has a back side (most national IDs and driver’s licences do), you must photograph the reverse as well.
Common reasons for rejection at this stage:
- Image is blurry or out of focus
- Part of the document is cropped out of frame
- The document is inside a protective sleeve or wallet — remove it first
- Glare from lighting is covering text or the photo
- The document is expired
Step 5 — Complete the Liveness Check (Selfie) Bybit uses automated facial recognition to match your live image with the photo on your document. You will be asked to take a selfie or follow a brief liveness prompt (such as turning your head or blinking). Ensure you have good, even lighting — avoid sitting with a bright window directly behind you, as this creates backlight that makes your face hard to read.
Remove hats, sunglasses, and face coverings. The name on your ID must exactly match the name on any linked bank accounts you plan to use for fiat deposits.
Step 6 — Submit and Wait Once submitted, you will see a “Verification Pending” status on your Identity Verification page. Most Standard KYC applications are processed within 15 to 30 minutes. In peak periods, it can take up to 48 hours. You will receive an email notification once your verification is approved.
Bybit Restricted Countries
Bybit does not offer services to residents and nationals of certain countries due to regulatory requirements. This includes the United States, mainland China, Singapore, and parts of Canada (Ontario and Quebec). Restrictions are based on nationality, not current country of residence.
If you are in a restricted jurisdiction, attempting to sign up will result in KYC rejection. Always check Bybit’s official restricted countries list before registering to avoid wasting time.
How to Check and Claim Your Bonus in the Rewards Hub
Once your KYC is approved, your welcome bonus is activated. Here is how to find it, track it, and claim it.
Navigating to the Rewards Hub
From your Bybit dashboard, look for the Rewards Hub in the main navigation menu or under your profile icon. It is sometimes labelled “Welcome Bonus” or “New User Tasks” during the initial sign-up period. Inside, you will see a list of tasks and their associated reward amounts.
The Rewards Hub operates like a task checklist. Each completed action triggers the release of a portion of your bonus. Tasks are typically time-gated — meaning you have a set number of days from registration to complete them. The window is usually 7 to 14 days depending on the current promotion.
Typical Task List for New Users
While the exact tasks change with each promotional period, the standard structure for referral code users looks like this:
Task 1 — Registration with referral code Reward: 20 USDT welcome voucher Status: Automatically completed when you register with code 130902
Task 2 — Complete Standard KYC verification Reward: Unlocks access to all other bonus tasks Status: Completed once your identity is approved (usually within 30 minutes)
Task 3 — Make your first deposit Reward: Tiered based on deposit size (see bonus tier table in Section 1) Status: Triggered by your first crypto or fiat deposit to your Bybit account
Task 4 — Complete your first spot trade Reward: Typically 5–15 USDT in trading vouchers Status: Completed by executing any buy or sell order in the spot market
Task 5 — Complete your first futures trade Reward: Typically 10–30 USDT in trading vouchers or fee rebates Status: Completed by opening any futures position, even a small one
Task 6 — Reach cumulative trading volume milestones Reward: Scales progressively — see the Rewards Hub for current tiers Status: Tracked automatically; updates in real time
Each reward is credited directly to your Rewards Hub balance in the form of trading vouchers or USDT bonuses. Trading vouchers offset your fees on eligible trades. Any profits generated while using bonus funds are fully yours to withdraw.
Common Mistakes That Prevent the Bonus From Activating
After reviewing dozens of user reports and forum threads, these are the most frequent reasons why referral bonuses fail to appear:
1. Referral code not entered during registration This is the most common issue by a considerable margin. The code must be entered during the initial sign-up. There is no way to add it retroactively.
2. Signing up from a restricted country If you complete registration from a country that Bybit restricts, your KYC will fail and you will not be eligible for the promotion.
3. KYC not completed within the task window If you register but do not complete KYC within the timeframe specified in your Rewards Hub, some tasks may expire before you can claim them.
4. Depositing but not trading The deposit bonus and trading bonus are separate. Making a deposit alone does not automatically trigger all rewards — you need to also complete the associated trades.
5. Using an existing Bybit account Referral code bonuses are exclusively for new accounts. If you have a previous Bybit account under the same email address, phone number, or verified identity, you are not eligible for the new user promotion.
6. VPN interference If Bybit detects a mismatch between your registration country and your current IP address (due to a VPN), it may flag your account for review or restrict access. Complete all registration steps without a VPN if possible.
Bybit Platform Review: What You Need to Know Before You Deposit
Before you enter any referral code and fund an account, you deserve a clear picture of who you are dealing with. This section covers Bybit’s core features, its fee structure, its security track record — including the $1.5 billion hack of February 2025 — and how it compares to its closest competitors. We cover the bad as honestly as the good, because that is the only kind of review worth reading.
Bybit at a Glance
Bybit was founded in 2018 by Ben Zhou, a former executive at XM Group, a global financial services firm. It launched with a focus on derivatives trading — specifically Bitcoin and Ethereum perpetual contracts — and built its early reputation on a matching engine capable of processing 100,000 transactions per second, which was significantly faster than most competitors at the time.
By 2026, Bybit has grown into the world’s second-largest cryptocurrency exchange by trading volume, according to data from CoinGecko and CoinMarketCap. It serves over 80 million registered users across 160 countries and processes billions of dollars in daily volume across its spot, futures, options, and copy trading markets. Its headquarters moved from Singapore to Dubai in 2022, where it operates under a regulatory framework that includes provisional VASP (Virtual Asset Service Provider) approval from Dubai’s VARA authority and a MiCA-compliant EU entity.
Those are the headlines. Here is the detail.
Trading Products: What Can You Actually Do on Bybit?
Bybit offers a broader product range than many casual users realise. Understanding what is available helps you get the most value from your referral bonus — particularly because different products trigger different bonus tasks in the Rewards Hub.
Spot Trading Bybit’s spot market covers over 700 trading pairs, including all major cryptocurrencies (BTC, ETH, SOL, XRP, BNB) and a wide selection of altcoins. The base spot trading fee is 0.10% for both makers and takers at the standard (non-VIP) level. This is competitive with the industry standard and comparable to Binance and Coinbase Pro.
Spot trading is the simplest product Bybit offers: you buy a cryptocurrency at the current market price, it is credited to your account, and you can withdraw it to your own wallet. It is the right starting point for beginners.
Futures and Perpetual Contracts This is where Bybit has historically been strongest. Perpetual contracts are derivative instruments that track the price of an asset without an expiry date — they are how experienced traders take leveraged long or short positions. Bybit offers:
- USDT-margined perpetuals (most popular — over 300 pairs)
- USDC-margined perpetuals and futures
- Inverse perpetuals (margined in the underlying asset, e.g., BTC-margined BTC/USD)
- Quarterly futures contracts
Base futures fees are 0.02% for makers and 0.055% for takers — among the lowest in the industry for derivatives. Leverage goes up to 100x on select pairs, though we strongly caution beginners against using high leverage. Most traders who lose significant money on crypto exchanges do so through leveraged positions, not spot trades.
Options Trading Bybit offers European-style options contracts settled in USDC. Options are complex instruments suited to experienced traders only. They are worth knowing about if you grow into active trading, but they are not where most new users should start.
Copy Trading This is one of Bybit’s most genuinely useful features for newcomers. Copy trading lets you automatically mirror the positions of experienced traders on the platform. You choose a trader from Bybit’s leaderboard, set a maximum allocation, and the system automatically opens and closes the same trades proportionally in your account.
The quality of copy traders varies significantly — past performance does not guarantee future results, and some traders on leaderboards take extremely high-risk positions. But for users who want market exposure without managing trades manually, it is a legitimate option. Always check the trader’s maximum drawdown (the biggest loss percentage from peak to trough) and their track record over at least three months, not just their headline return.
Bybit Earn The Earn suite offers several ways to generate yield on assets sitting in your account:
- Flexible savings — earn daily interest on USDT, USDC, BTC, ETH, and other assets. Funds can be redeemed at any time.
- Fixed-term deposits — lock funds for a set period (typically 7–90 days) for a higher rate
- Dual Asset — a structured product that earns a higher yield in exchange for accepting potential settlement in a different currency than deposited
- Liquidity mining — provide liquidity to Bybit’s pools and earn a share of trading fees
Interest rates on flexible savings fluctuate based on market demand. During periods of high borrowing activity, rates can be notably attractive. During quieter periods, they are modest. Always check the current rates inside the platform rather than relying on published figures, which may be outdated.
Grid Trading Bots Bybit offers automated grid bots that buy low and sell high within a defined price range — useful for sideways markets where prices oscillate without a clear trend. These are more sophisticated tools and require understanding of how to set appropriate price ranges and position sizes.
Bybit’s Fee Structure in Full
Understanding fees before you deposit is essential. Here is the complete picture for 2026:
| Product | Maker Fee | Taker Fee |
|---|---|---|
| Spot (standard) | 0.10% | 0.10% |
| Spot (VIP 1) | 0.06% | 0.08% |
| Perpetual futures (standard) | 0.02% | 0.055% |
| Options | 0.03% | 0.03% |
| P2P trading | 0% | 0% |
With referral code 130902, new users receive a 30% discount on trading fees from the first trade. On spot trading, this brings the standard 0.10% taker fee down to 0.07%. On futures, the 0.055% taker fee drops to approximately 0.039%. Over the lifetime of an active trading account, this discount compounds into meaningful savings.
VIP tiers unlock further reductions. VIP 1 requires either $1 million USDT in 30-day trading volume or a $50,000 USDT account balance. Higher VIP tiers go up to Supreme VIP, used primarily by institutional desks. The referral code discount stacks on top of your VIP tier discount, so your fees reduce on both dimensions as your activity grows.
There are no deposit fees for on-chain crypto transfers. Withdrawal fees vary by asset and network — for example, a USDT withdrawal via TRC-20 typically costs around 1 USDT, while ERC-20 (Ethereum network) withdrawals cost significantly more due to Ethereum gas fees.
The February 2025 Hack: What Actually Happened and Why It Matters
This section is not optional reading. Any honest review of Bybit must address this directly.
On 21 February 2025, Bybit suffered the largest cryptocurrency theft in history. Approximately $1.5 billion worth of Ethereum was stolen from the exchange’s cold wallet. The attack was attributed to North Korea’s Lazarus Group — a state-sponsored hacking collective that has stolen billions from the crypto industry over the past decade, according to blockchain analytics firms Chainalysis and Elliptic.
How the attack worked
The hack was not a brute-force break-in. It was a sophisticated supply chain attack. Bybit used a third-party multi-signature wallet platform called Safe{Wallet} to conduct internal fund transfers. Weeks before the theft, Lazarus Group hackers had compromised a developer’s workstation at Safe{Wallet} using a social engineering attack. This gave them access to AWS session tokens — temporary authentication keys that allowed them to manipulate Safe{Wallet}’s infrastructure.
The attackers then replaced the legitimate JavaScript code in Safe{Wallet}’s interface with malicious code that secretly altered the destination address of transactions while displaying the correct, expected address to Bybit’s signing team. When Bybit employees approved what appeared to be a routine cold-to-warm wallet transfer, they were unknowingly authorising the transfer of approximately 401,000 ETH to wallets controlled by the hackers.
How Bybit responded
The response is where Bybit’s handling becomes genuinely instructive — and is one of the main reasons the exchange is still operating at full scale today.
Within two hours of the theft, CEO Ben Zhou appeared publicly on a live stream to confirm the breach, reassure users that all other wallets were unaffected, and commit to covering all customer losses. Withdrawals remained open throughout. The platform did not halt, did not freeze accounts, and did not restrict access — stark contrast to how exchanges like FTX and Celsius handled their collapses.
Within 72 hours, Bybit had fully replenished its reserves. The exchange secured emergency bridge loans and large deposits from institutional partners including Galaxy Digital, FalconX, and Wintermute, assembling approximately 447,000 ETH to replace what was stolen. A proof-of-reserves audit conducted by cybersecurity firm Hacken on 24 February 2025 confirmed that all major assets — Bitcoin, Ethereum, Solana, USDT, and USDC — exceeded a 100% collateralisation ratio.
Bybit also launched a 10% recovery bounty programme — offering up to $140 million to anyone who could assist in recovering stolen funds — and worked with Chainalysis, Crystal Intelligence, and global law enforcement to trace the assets. The stolen ETH was dispersed across dozens of wallets and laundered through decentralised exchanges and cross-chain bridges, making full recovery unlikely. The Lazarus Group has historically held stolen assets for years before converting them, as they did after the $600 million Axie Infinity hack in 2022.
What this means for you as a user
The hack demonstrated two things simultaneously: that even well-resourced exchanges with industry-standard security measures are vulnerable to nation-state-level attacks, and that Bybit had both the financial reserves and the organisational integrity to absorb a catastrophic event without harming its users.
No customer lost funds. Withdrawals were never suspended. The reserves were independently verified within three days. That is the benchmark that matters when evaluating exchange security — not whether an exchange has ever been attacked (they all face constant attacks), but whether it has the reserves and the transparency to protect users when something does go wrong.
For context on how to evaluate exchange security more broadly, our Educational Guides include a full walkthrough of what to look for when assessing whether an exchange is trustworthy — including how to read a proof-of-reserves report and what on-chain red flags to watch for.
Bybit Security Features in 2026
Following the February 2025 incident, Bybit invested significantly in upgrading its security infrastructure. Current measures include:
Cold wallet storage: The majority of user assets are held in offline, multi-signature cold wallets. Critically, Bybit now uses enhanced verification protocols for any wallet-to-wallet transfer, including additional layers of transaction signing verification.
Proof of Reserves: Bybit publishes monthly Merkle-tree proof-of-reserves reports, verifiable on-chain. These confirm that user assets are backed 1:1. As of early 2026, Bitcoin reserves are held at over 100% collateralisation.
Two-factor authentication: Mandatory 2FA for all withdrawals, with support for hardware security keys (the most secure option), authenticator apps, and SMS.
Anti-phishing codes: A personal anti-phishing code can be set in your account settings. Once activated, all genuine emails from Bybit will include this code — making it easy to identify phishing attempts that do not know your code.
Withdrawal address whitelisting: You can restrict your account so that withdrawals can only be sent to pre-approved addresses. Any attempt to add a new withdrawal address requires a 24-hour delay and multi-factor confirmation. This single feature prevents the vast majority of account-compromise theft.
Device management: Bybit notifies you of all new login attempts and maintains a log of active sessions. You can remotely revoke any session from your security settings.
We recommend enabling all of these features immediately after creating your account — before depositing any funds.
How Bybit Compares to Gate.io and Other Exchanges
Choosing between exchanges is one of the most important decisions you will make as a crypto investor. Here is how Bybit stacks up against its closest competitors on the metrics that matter most.
| Feature | Bybit | Gate.io | Binance | Coinbase |
|---|---|---|---|---|
| Spot trading fee (standard) | 0.10% | 0.20% | 0.10% | 0.60% |
| Futures fee (maker/taker) | 0.02% / 0.055% | 0.015% / 0.05% | 0.02% / 0.05% | Not offered |
| Number of assets | 700+ | 3,800+ | 350+ | 250+ |
| Copy trading | Yes | Yes | Yes | No |
| Proof of Reserves | Monthly | Monthly | Monthly | Public company |
| US residents | No | No | No (Binance.US only) | Yes |
| Beginner friendliness | High | Medium | Medium | Very high |
| Referral bonus | Up to $30,000 | Up to $10,000 | Up to $600 | Up to $200 |
Bybit vs Gate.io: Gate.io offers a significantly larger asset selection (3,800+ coins vs Bybit’s 700+), making it a better choice if you are specifically looking to trade small-cap altcoins or newly launched tokens. Its spot trading fees are slightly higher than Bybit’s. Both exchanges have comparable security standards in 2026 — our detailed comparison is available in our Market Insights section.
Bybit vs Binance: These are the two largest derivatives exchanges in the world. Their fee structures are nearly identical at the base level, but Bybit’s referral bonuses and copy trading infrastructure give it a meaningful edge for new users. Binance has a broader ecosystem and is available in more countries, but faces ongoing regulatory scrutiny in several jurisdictions.
Bybit vs Coinbase: Coinbase is the best choice for US residents and for users who prioritise extreme simplicity and regulatory clarity above everything else. Its fees are significantly higher than Bybit’s for active trading, but its interface is more beginner-friendly for first purchases. Coinbase is a publicly listed company on NASDAQ, which provides a level of financial transparency that no other major exchange can match.
For users outside the US who plan to trade actively rather than simply buy and hold, Bybit’s combination of low fees, deep liquidity, copy trading, and strong reserves makes it the stronger overall choice of the three.
⚠️ Before using any exchange: Use our free Cryptosmap Trust Engine to verify the current safety status of any platform you are considering. It cross-references exchanges and tokens against multiple on-chain security databases, honeypot checkers, and community-verified threat intelligence — in under 60 seconds.
How to Earn Money with the Bybit Referral Programme (Existing Users)
So far this guide has focused on what new users get from the Bybit referral code. This section is for a different audience: people who already have a Bybit account — or who are about to create one — and want to understand how to earn commissions by referring others.
Bybit operates two separate programmes for users who want to earn by bringing in new traders. They are structured differently, pay at different rates, and suit different types of people. Understanding both will help you choose the right route from the start.
Programme 1 — The Bybit Referral Programme (No Application Required)
The standard Bybit Referral Programme is available to every verified Bybit account holder automatically. You do not need to apply, be approved, or have an existing audience. As soon as your KYC is complete, Bybit generates a unique referral code and link for your account. You can find both inside the Referral section of your dashboard, usually listed under the Rewards Hub or the main navigation menu.
How commissions work
When someone signs up using your referral code and begins trading, you earn a percentage of their trading fees as a commission — for as long as they trade, up to a maximum attribution window of 365 days per referee.
Commission rates are tiered based on how many active referrals you generate within a quarter:
| Referrals per quarter | Your commission rate |
|---|---|
| Starting rate (any verified user) | 20% of referee’s trading fees |
| 5 or more qualified referrals | 25% |
| 100+ qualified referrals or $15M in referee derivatives volume | 30% |
A “qualified referee” is a user who registers with your code, deposits at least 100 USDT within seven days of sign-up, and reaches a cumulative trading volume of at least 500 USDT within 30 days. Mass sign-ups without trading activity do not qualify.
Commission rates reset at the start of each quarter. If your referral activity drops below the threshold in any quarter, your rate reverts to the lower tier automatically. You can view your current rate and progress toward the next tier inside your referral dashboard.
What else can you earn?
Beyond the trading commission, the Referral Programme includes several additional reward streams:
- Per-referee bonus: For every qualified referee, you and your friend both receive 25 USDT. Your friend also receives a mystery box worth up to 1,000 USDT, depending on their deposit and trading activity.
- Copy Trading rewards: If your referral uses Bybit’s copy trading feature, you earn up to 665 USDT in additional rewards based on their copy trading activity.
- Bybit Card referral: If your referral successfully applies for a Bybit Card, you receive a flat 20 USDT reward per card activation.
- Total potential per qualified referee: Up to 1,720 USDT across all combined referral reward streams — per person you invite.
Commissions are paid daily. Bybit calculates and distributes referral commissions every day by 4:00 AM UTC, credited directly to your account balance. You can withdraw them at any time with no minimum threshold.
Programme 2 — The Bybit Affiliate Programme (Application Required)
The Bybit Affiliate Programme is a separate, more powerful system designed for content creators, bloggers, YouTubers, podcast hosts, community managers, and anyone with an established audience of crypto-interested users. It requires an application through affiliates.bybit.com and must be approved by Bybit’s partner team before you can access it.
The key differences from the standard Referral Programme are:
- Higher commission rates: Starting at 30% and scaling up to 50% based on the trading volume your referrals generate — compared to the maximum 30% available in the standard programme
- Multi-tier (sub-affiliate) earnings: If someone you refer also becomes a Bybit affiliate, you earn a 10% override on their commissions — meaning you earn a percentage of what they earn from their own referrals, in addition to your direct referral commissions
- CPA (Cost Per Acquisition) deals available: Unlike the standard programme which is purely revenue-share, the Affiliate Programme can include fixed one-time payments per qualified sign-up, depending on your negotiated deal
- Dedicated account manager: Approved affiliates are assigned a Bybit partner manager who provides performance data, campaign support, seasonal promotional assets, and guidance on optimising conversion rates
- Advanced analytics dashboard: Real-time tracking of clicks, sign-ups, deposits, trading volume, and commission accrual across all your referral links
The additional 10% sub-affiliate override deserves special mention because it is one of the more unusual features in the crypto affiliate space. If you recruit another content creator into the Bybit Affiliate Programme and they get approved, you become their Master-Affiliate. Every time their referrals trade, you earn 10% of whatever commission they earn — without it reducing their earnings at all. The only cap is that the combined commission rate across all tiers on a single user’s fees cannot exceed 50%.
Who should apply for the Affiliate Programme?
Bybit’s approval criteria are not publicly defined in precise terms, but based on industry reporting and Bybit’s own guidance, the programme is best suited to:
- Blogs or websites with consistent monthly traffic in the crypto or finance space
- YouTube channels focused on crypto trading, education, or market analysis
- Telegram channels or Discord communities with active, engaged memberships
- Newsletter publishers with a subscriber base in the investing or personal finance space
- Social media accounts with substantial, relevant followings (Twitter/X, Instagram, TikTok)
If you are just starting out and have no existing audience yet, the standard Referral Programme is the right starting point. Build your platform first, generate some referral income through the standard programme to demonstrate your ability to convert users, and then apply for the Affiliate Programme once you have a track record.
How to Generate and Share Your Bybit Referral Code
Whether you use the standard Referral Programme or the Affiliate Programme, the mechanics of sharing your code are the same. Here is how to access your code and use it effectively.
Finding your code:
- Log in to your Bybit account
- Click your profile icon in the top-right corner
- Navigate to Rewards Hub → Referral Programme
- Your unique referral code and shareable link are displayed here
- You can customise how the commission split works — choosing to give your referee a larger share of the trading fee discount, which can improve your conversion rate even if it reduces your own commission slightly
Effective ways to share your referral code:
The single biggest mistake most Bybit referrers make is sharing their code without context. Dropping a raw referral link in a Telegram group or Twitter reply rarely converts anyone, because the recipient has no reason to trust it and no understanding of what they are clicking.
What actually converts is content that provides genuine value first — explaining what Bybit offers, who it is for, what the bonus is worth, and how to claim it — and then presents the referral code as a natural next step. This guide is a working example of that approach.
Specific formats that work well for Bybit referral conversion:
Written guides and reviews. Long-form articles that cover Bybit’s features, fees, and safety honestly — including the things that might give a reader pause — convert at significantly higher rates than pure promotional content. Readers who arrive at a referral link after reading a 2,000-word honest review are already qualified: they know what they are signing up for and they have chosen to proceed.
Comparison content. Articles or videos that compare Bybit to Gate.io, Binance, or Coinbase put readers in a decision-making mindset. When the comparison is honest and concludes that Bybit is the better fit for a specific user type, the referral link becomes a logical conclusion rather than a sales pitch.
Tutorial content. Step-by-step guides on how to use specific Bybit features — copy trading setup, how to read a futures chart, how to use Bybit Earn — place the referral link in context. Someone who has just learned how to set up copy trading from your guide is primed to sign up and use exactly the feature you just explained.
Scam protection content. This is the angle that is uniquely available to Cryptosmap. Content that explains how to tell whether an exchange is legitimate, what Bybit’s proof-of-reserves show, and how to verify the safety of a platform before depositing naturally leads to readers who are security-conscious, research-oriented, and genuinely ready to act. These readers convert at higher rates and trade more actively, generating better long-term commission than casual sign-ups. For more on how to evaluate any exchange before depositing, see our guide to choosing a safe crypto exchange.
Realistic Earnings: What Can You Actually Expect?
This is the question most people want answered, and it deserves an honest response rather than aspirational figures.
The maths of referral commission
Bybit’s spot trading fee is 0.10% per trade for standard users. At a 30% commission rate, you earn 0.03% of each trade your referee makes. On a $10,000 spot trade, that is $3.00 in commission.
Futures fees are lower (0.055% taker), but futures traders typically trade larger positions more frequently. A referee trading $100,000 in futures volume per month at the 0.055% taker rate generates $55 in fees, of which you earn $16.50 at 30% commission.
This means referral income is almost entirely a function of who you refer and how actively they trade — not just how many people you refer. One high-volume futures trader referred through a detailed, targeted guide can outperform 50 casual spot traders referred through a generic social media post.
Realistic income brackets
| Scenario | Monthly referee trading volume | Your monthly commission (30%) |
|---|---|---|
| 5 casual spot traders | $50,000 combined | ~$15 |
| 10 moderate traders | $500,000 combined | ~$150 |
| 3 active futures traders | $1,000,000 combined | ~$165 |
| 20 active mixed traders | $5,000,000 combined | ~$825 |
| 50 active traders (affiliate tier) | $15,000,000+ combined | $2,475+ |
These figures use conservative assumptions and a 30% commission rate. At the Affiliate Programme’s top tier of 50%, they would be roughly 67% higher. The key point is that referral income from crypto exchange programmes is genuinely passive once the content that drives sign-ups is published — but it requires significant upfront investment in creating that content and building the audience that reads it.
There is no shortcut. The exchanges and individual creators who earn substantial affiliate income from Bybit do so because they have built trusted, useful resources that their audience returns to. Cryptosmap’s advantage in this space is its core positioning around scam protection and exchange safety — a genuinely differentiated angle that attracts users at exactly the moment they are evaluating whether to sign up for a platform.
Important Rules: What You Cannot Do
Bybit’s referral and affiliate terms prohibit several practices that are worth being explicitly aware of:
Self-referral is not permitted. You cannot use your own referral code to create a secondary account and claim bonuses. Bybit’s system detects shared devices, IP addresses, and payment methods between accounts.
You cannot promote in restricted countries. Marketing Bybit to users in the United States, mainland China, Singapore, or other restricted jurisdictions violates the affiliate terms and can result in account termination.
Misleading claims are prohibited. You cannot guarantee specific returns, claim that the $30,000 bonus is guaranteed without conditions, or misrepresent Bybit’s products. Any promotional content must comply with Bybit’s guidelines and applicable local regulations on financial promotions.
Paid traffic requires prior approval. Running paid advertisements (Google Ads, Facebook Ads, etc.) to promote your Bybit referral link requires explicit written approval from Bybit’s affiliate team. Unapproved paid campaigns are a common reason for affiliate account suspension.
How to Deposit on Bybit: Every Method Compared
Making your first deposit on Bybit is the step that activates your referral bonus tasks and unlocks the full platform. It is also the step where most beginners make costly mistakes — particularly around network selection for crypto transfers. This section walks you through every deposit method available in 2026, the fees involved, and how to choose the one that costs you the least.
There is no minimum deposit on Bybit to simply fund your account. For fiat deposits the practical minimum starts at around $2 USD, and for most cryptocurrencies the technical minimum is very low. That said, to qualify for referral bonus tasks you will need to deposit at least 100 USDT equivalent and reach a trading volume of 500 USDT, so budgeting at least $100–200 to start is sensible.
Method 1 — Crypto Deposit (Most Recommended)
Transferring cryptocurrency from an external wallet or another exchange directly to your Bybit account is the most cost-efficient deposit method available, particularly for larger amounts.
How it works:
- Log in to Bybit and go to Assets → Deposit
- Search for the cryptocurrency you want to deposit (USDT is the most practical choice for new users)
- Select your network — this is the critical step, covered in detail below
- Bybit generates a unique deposit address for your account on that network
- Copy that address and paste it into the withdrawal form on your sending platform
- Confirm the transaction and wait for blockchain confirmations
Network selection — the most important thing to get right
USDT (Tether) exists on multiple blockchains simultaneously. Each network has a different deposit address on Bybit, and the addresses are not interchangeable. Sending USDT via the Tron network (TRC-20) to an Ethereum network (ERC-20) address results in funds that cannot be recovered without significant technical intervention — and in most cases they are simply lost.
The rule is non-negotiable: whatever network you select on Bybit’s deposit page, select the exact same network on the platform you are sending from. Both sides of the transaction must match.
Here is how the main networks compare for USDT transfers in 2026:
| Network | Bybit withdrawal fee | Transfer speed | Best for |
|---|---|---|---|
| TRC-20 (Tron) | ~1 USDT | 30–60 seconds | Most transfers — lowest fee by far |
| BEP-20 (BNB Chain) | ~1 USDT | 5–30 seconds | Fast and cheap, widely supported |
| ERC-20 (Ethereum) | Variable, often $5–$20+ | 1–5 minutes | Avoid unless the sending platform has no alternative |
| Solana (SOL) | Very low | Seconds | Good if your sending platform supports it |
For most users transferring from Coinbase, Kraken, or a local exchange to Bybit, the TRC-20 or BEP-20 network offers the lowest fees and fastest confirmation times. Always double-check both ends before confirming any transaction. Once a blockchain transaction is broadcast, it cannot be reversed.
⚠️ Clipboard hijacking warning: A category of malware exists specifically to replace cryptocurrency addresses in your clipboard. You copy an address, and by the time you paste it, the malware has silently substituted the attacker’s address. Always verify the first four and last four characters of any address after pasting. If they do not match what Bybit displayed, do not proceed. This type of attack is active and ongoing — our Scam & Rug Pull Alerts section tracks related phishing and malware campaigns.
Method 2 — Credit or Debit Card (Fastest, But Most Expensive)
Bybit supports credit and debit card purchases (Visa, Mastercard, Google Pay, and in some regions JCB) through third-party payment processors including MoonPay, Banxa, and Mercuryo. This method is the fastest way to get funds on the platform if you do not already own any cryptocurrency, but it carries the highest fees.
Typical card purchase fees range from 1.5% to 6.5% of the transaction amount depending on your card type, issuing country, and the payment processor assigned to your region. EU cardholders generally pay towards the lower end of this range, while cards issued in Asia-Pacific, Africa, or the Middle East tend to pay towards the higher end.
When to use it: Card purchases are reasonable for small initial amounts (under $200) where you want to get started immediately and the percentage fee is not significant in absolute terms. For larger deposits, the percentage cost adds up quickly — a 4% fee on a $1,000 deposit is $40 lost before you have placed a single trade. Use crypto transfer instead for anything over $200.
Method 3 — P2P Trading (Zero Platform Fees, Requires Caution)
Bybit’s P2P (peer-to-peer) trading section lets you buy crypto directly from other users who accept your local bank transfer, mobile money, or payment app. Bybit charges zero platform fees on P2P trades. The “cost” is built into the spread between the buyer’s and seller’s agreed price — typically 1–3% above the current market rate.
P2P is particularly valuable for users in regions where card processors are not available or where local banking infrastructure makes direct fiat deposits difficult. It supports over 60 fiat currencies and 80+ payment methods including M-Pesa, bank transfers, PayPal, Revolut, and many local equivalents.
Safety rules for P2P trading:
P2P trading involves transacting directly with other individuals, which introduces a different set of risks from exchange-based trading. Follow these rules without exception:
- Only trade with verified merchants who have a high completion rate (above 95%) and a substantial number of completed trades (500+)
- Never release crypto until you have confirmed the payment in your bank account — not just a screenshot, which can be faked
- Never communicate outside Bybit’s built-in P2P chat — moving to WhatsApp or Telegram is a common precursor to fraud
- If a trade feels wrong, use Bybit’s dispute resolution system rather than releasing funds under pressure
For a full explanation of how to spot P2P trading scams — including the fake payment screenshot technique — see our guide to crypto scam types.
Method 4 — Bank Transfer / SEPA (Cheapest Fiat Method for European Users)
For users in the European Economic Area, SEPA bank transfers are the most cost-efficient fiat deposit method available. Bybit’s fee on SEPA deposits is typically €0–2, regardless of the amount sent. Standard SEPA transfers settle in 1–2 business days; SEPA Instant arrives on the same day if your bank supports it.
To use this method, go to Buy Crypto → Fiat Deposit, select EUR, and choose the bank transfer option. Bybit will provide a unique IBAN for your deposit. Transfer from your personal bank account — the name must exactly match your Bybit KYC details, or the deposit will be rejected.
Bank transfer fiat deposit is not widely available outside Europe. Users in most other regions should use crypto deposit or P2P as their primary funding method.
How to Withdraw from Bybit
Withdrawing from Bybit — sending crypto to an external wallet, hardware wallet, or another exchange — follows essentially the reverse process of depositing. The key points to understand:
Step-by-step withdrawal:
- Go to Assets → Withdraw
- Select the cryptocurrency you want to withdraw
- Enter your destination address — copied from your receiving wallet
- Select the correct network (same network rule applies as deposits)
- Enter the amount
- Complete the security verification (2FA code + anti-phishing check)
- Confirm
Withdrawal fees vary by asset and network. USDT via TRC-20 costs approximately 1 USDT. Bitcoin withdrawals cost a network-dependent fee that fluctuates with blockchain congestion. Ethereum withdrawals can be expensive during periods of high network activity.
The 24-hour new address delay: If you are withdrawing to an address you have not used before and have not whitelisted, Bybit imposes a 24-hour security delay before the first withdrawal to that address is processed. This is a security feature — it gives you time to catch and cancel a transaction if your account has been compromised. You can whitelist frequently used addresses in advance in your security settings to bypass this delay for known destinations.
Withdrawal to fiat: Bybit does not support direct bank withdrawals in most regions. The standard route to convert crypto back to your local currency is one of these:
- Use Bybit P2P to sell USDT directly to another user who pays via bank transfer (zero platform fee)
- Withdraw USDT to a fiat-friendly exchange (Coinbase, Kraken, or a local exchange) and sell there
- Use the Bybit Card to spend crypto directly without converting (available in supported regions)
The Cryptosmap Pre-Deposit Safety Checklist
At Cryptosmap, every exchange review ends with the same question: is this platform safe enough for you to deposit real money? We do not think that question should be left to the reader to guess at. Here is the exact checklist we apply before recommending any exchange.
We have run Bybit through this checklist. Here is where it stands in April 2026:
✅ Proof of Reserves — PASS Bybit publishes monthly Merkle-tree proof-of-reserves reports, independently verifiable on-chain. All major assets are held above 100% collateralisation as of the most recent published report. After the February 2025 hack, reserves were restored and independently verified by Hacken within 72 hours — a significant demonstration of financial resilience.
✅ Withdrawal access — PASS Withdrawals have never been suspended on Bybit, including during the period immediately following the $1.5 billion hack in February 2025. An exchange that restricts withdrawals during a crisis is an exchange you cannot trust — Bybit has not done this.
✅ Two-factor authentication — PASS Bybit supports hardware security keys, authenticator apps, and SMS 2FA. Hardware key support (the most secure option) is available to all users at no cost.
✅ Anti-phishing protections — PASS Bybit offers a personal anti-phishing code system and withdrawal address whitelisting. Both are available to all users and should be enabled immediately after account creation.
✅ Regulatory standing — PARTIAL PASS Bybit holds provisional VASP approval from Dubai’s VARA authority and operates a MiCA-compliant EU entity. It does not hold licences from the FCA (UK), FinCEN (US), or ASIC (Australia) — meaning it operates in those markets without local regulatory oversight. Users in those jurisdictions should factor this into their risk assessment. Bybit is not available to US residents at all.
✅ Transparency post-incident — PASS The CEO’s live-stream response within two hours of the 2025 hack, the public proof-of-reserves audit within 72 hours, and the open bounty programme represent a standard of crisis transparency that most exchanges have not matched.
⚠️ Third-party dependency risk — NOTE The 2025 hack exploited a vulnerability in a third-party platform (Safe{Wallet}), not Bybit’s own infrastructure. While Bybit has since enhanced its transfer verification protocols, the incident highlighted that no exchange’s security is stronger than the weakest link in its third-party supply chain. This is a systemic risk across the industry, not unique to Bybit.
Our overall assessment: Bybit is a legitimate, well-capitalised exchange with genuine security features and a demonstrated willingness to protect users during adverse events. It is appropriate for active crypto traders outside restricted jurisdictions who are comfortable with a non-FCA/non-FinCEN regulated platform. It is not appropriate for US residents.
Before depositing on any exchange you are evaluating for the first time, you can run it through our free Trust Engine for an independent on-chain safety assessment. The Trust Engine checks exchanges and projects against six layers of live data — including contract analysis, honeypot detection, and community-verified threat intelligence — in under 60 seconds.
FAQs, Final Verdict & Full Article Close
Frequently Asked Questions About the Bybit Referral Code
Q: What is the Bybit referral code for April 2026?
The active Bybit referral code for April 2026 is 130902. Enter it in the referral code field during registration on bybit.com to unlock up to $30,000 USDT in welcome bonuses and a 30% discount on trading fees. The code must be entered at the time of sign-up — it cannot be added to an existing account retroactively.
Q: How much bonus do you actually get with a Bybit referral code?
The realistic bonus for most new users is between $20 and $300 USDT, depending on your deposit size and trading activity. The headline $30,000 figure is the maximum possible across all bonus tiers and requires a deposit of $250,000 and $150 million in trading volume — this is the institutional tier. Every new user who registers with a referral code and completes KYC receives at least 20 USDT in welcome vouchers as a starting reward.
Q: Can I add a Bybit referral code after signing up?
No. Bybit’s referral code must be entered during the initial account registration. Once your account is created, the code field is locked and cannot be updated. If you registered without entering a code, Bybit’s support team cannot manually apply one retroactively. This is one of the most common questions asked after sign-up, and unfortunately there is no workaround.
Q: Is Bybit safe to use in 2026?
Bybit is a legitimate, well-established exchange and the world’s second-largest by trading volume. It publishes monthly proof-of-reserves reports, supports hardware security key 2FA, and demonstrated financial resilience by fully restoring user funds within 72 hours of the $1.5 billion Lazarus Group hack in February 2025 — without suspending withdrawals. That said, it is not regulated by the FCA, FinCEN, or ASIC, and it is not available to US residents. Users should assess this regulatory gap against their own risk tolerance. You can verify Bybit’s current safety status independently using our free Trust Engine.
Q: Is Bybit available in the United States?
No. Bybit does not offer services to US residents due to regulatory restrictions. US-based users who attempt to register will be blocked at the KYC stage. US residents looking for a regulated alternative with similar features should consider Coinbase Pro, Kraken, or Gemini, all of which are licensed to operate in the US.
Q: What is the difference between the Bybit Referral Programme and the Affiliate Programme?
The Referral Programme is available to all verified Bybit users automatically, with no application required. It pays up to 30% commission on your referrals’ trading fees for up to 365 days per referee. The Affiliate Programme requires an application and approval from Bybit’s partner team. It is designed for content creators and publishers with established audiences, offers higher commission rates of up to 50%, includes a 10% sub-affiliate override, and comes with dedicated account management and advanced analytics. If you are just starting out, use the standard Referral Programme and apply for the Affiliate Programme once you have a track record.
Q: How do I claim my Bybit welcome bonus after signing up?
After registering with referral code 130902 and completing Standard KYC verification, navigate to the Rewards Hub in your Bybit dashboard. You will find a list of tasks — such as making your first deposit, completing your first spot trade, and completing your first futures trade — each linked to a specific reward amount. Complete each task within the time window shown (typically 7–14 days) to unlock the associated bonus. Bonuses are credited as trading vouchers or USDT that can be used as margin or to offset fees. All profits generated using bonus funds are fully withdrawable.
Q: What crypto exchanges can I use instead of Bybit?
The closest alternatives to Bybit in 2026 are Gate.io (better for altcoin variety, over 3,800 assets), Binance (largest exchange globally, similar fee structure), OKX (strong derivatives offering, available in more regions), and Kraken (best regulatory compliance, available to UK and EU users). For US residents specifically, Coinbase and Kraken are the most regulated options. Cryptosmap’s Market Insights section includes up-to-date comparison content across all major exchanges.
Q: What happened in the Bybit hack and should I still use the exchange?
On 21 February 2025, North Korea’s Lazarus Group stole approximately $1.5 billion in Ethereum from Bybit through a sophisticated supply chain attack on a third-party wallet interface. No user funds were lost — Bybit fully restored its reserves within 72 hours through emergency bridge loans and institutional deposits, confirmed by an independent proof-of-reserves audit. CEO Ben Zhou communicated publicly within two hours of the breach and withdrawals were never suspended. The exchange has since upgraded its internal transfer verification protocols. Whether to continue using Bybit is a personal risk decision, but the factual record shows that Bybit handled the incident with greater transparency and speed than most exchanges have managed in similar situations.
Q: How do I report a crypto scam related to Bybit impersonation?
Fake Bybit websites, phishing emails, and social media impersonation accounts are active threats in 2026. If you encounter a site or communication claiming to be Bybit that asks for your seed phrase, private key, or login credentials, do not interact with it. You can report suspected Bybit impersonation directly through Bybit’s official support channel, and you can submit community scam reports through Cryptosmap’s Scam & Rug Pull Alerts page. If you have already sent funds to a suspected scam address, check our guide on how to recover from a crypto scam for next steps.
Final Verdict: Is the Bybit Referral Code Worth Using?
Yes — with full understanding of what it is and what it is not.
The Bybit referral code 130902 is a legitimate promotional tool that gives new users a meaningful head start: a guaranteed 30% discount on trading fees from the first trade, a minimum 20 USDT welcome voucher on registration, and a tiered bonus structure that rewards users who engage meaningfully with the platform. For anyone who was already planning to open a Bybit account, entering the code takes five seconds and costs nothing. Not entering it is leaving money on the table.
What it is not: a guaranteed $30,000 payday. The maximum bonus requires institutional-scale deposits and trading volume. Most new users will realistically unlock between $20 and $300 USDT in total bonus value — still meaningful, but worth understanding clearly before you sign up.
Bybit itself is a mature, well-capitalised exchange with genuinely competitive fees, excellent derivatives infrastructure, useful copy trading for beginners, and a demonstrated record of protecting user funds even under extreme adversity. Its weaknesses — lack of FCA/FinCEN regulation, unavailability in the US, and the third-party supply chain risk exposed by the 2025 hack — are real and should factor into your decision, particularly if you plan to hold large amounts on the exchange long-term. As a rule, only keep on any exchange what you need for active trading. Long-term holdings belong in a hardware wallet.
If you are ready to proceed, use the steps in Section 2 of this guide to register correctly and claim every dollar of bonus you are entitled to.
→ Sign up on Bybit with referral code 130902
Further Reading on Cryptosmap
Everything covered in this guide touches on broader topics that are worth understanding before you commit serious capital to any crypto exchange. Here are the most relevant resources on Cryptosmap:
- How to Spot a Crypto Scam Before You Lose Money — our comprehensive guide to every major scam type, with real examples and red flags to watch for before you deposit anywhere
- Scam & Rug Pull Alerts — live intelligence on active threats including phishing campaigns targeting Bybit and other major exchanges
- Cryptosmap Trust Engine — verify any exchange, token, or project against six layers of on-chain safety data in under 60 seconds, free
- Market Insights — exchange comparisons, trend analysis, and data-driven commentary to help you make informed decisions beyond the sign-up bonus
- Blockchain & Web3 Explained — if the technical concepts in this guide were new to you, start here for a jargon-free foundation in how crypto actually works
Disclaimer
The content in this article is for educational and informational purposes only. It does not constitute financial, investment, or legal advice. Cryptocurrency trading is highly volatile and carries significant risk of loss. Never invest more than you can afford to lose. Always conduct your own research before making any investment decision.
This article contains affiliate links. Cryptosmap may earn a commission if you sign up for Bybit using referral code 130902 or the links provided. This never affects our ratings, editorial independence, or the accuracy of information we publish. Our Trust Engine scores and safety assessments are never for sale.
Bybit is not available to residents of the United States, mainland China, Singapore, or other restricted jurisdictions. Always verify Bybit’s current list of restricted countries before registering.



