Use the Bybit referral code “9905” to sign up and become eligible for over $30,000 in bonus rewards. The amount of rewards you will be able to earn will depend on the amount of funds you deposit to Bybit and the amount of trading volume you generate on the platform (taker orders only). 

To get started, simply sign up for a new Bybit account using the link below. If you use this link, the “9905” referral code will be applied automatically during the sign-up process. 

Claim the Bybit Welcome Bonus

Here’s a quick breakdown of Bybit’s welcome bonus for new users:

Bonus Requirement $50 Deposit $500 and trade $5,000 $100 Deposit $3,000 and trade $10,000 $350 Deposit $10,000 and trade $100,000 $800 Deposit $50,000 and trade $1.5 million $5,000 Deposit $100,000 and trade $20 million $8,800 Deposit $125,000 and trade $50 million $15,000 Deposit $150,000 and trade $75 million $30,000 Deposit $250,000 and trade $150 million

Please note that only taker orders are counted towards the user’s trading volume for the purposes of this promotion. 

Why choose Bybit?

Bybit is a cryptocurrency exchange that initially found success as a derivatives exchange, but has since expanded its suite of features to provide a comprehensive trading platform for all crypto enthusiasts. 

Bybit is a very strong competitor in the crypto industry thanks to its wide selection of cryptocurrencies and trading instruments (including spot, futures and options), low fees, strong liquidity, copy trading, crypto passive income products and much more. Thanks to these qualities, Bybit has earned a spot on our list of the best crypto exchanges. 

Fees on Bybit start at just 0.10% for both makers and takers, and active traders can reduce these fees even further through the exchange’s VIP loyalty program. 

Unfortunately, Bybit isn’t available to traders from the United States. If you’re not in the US, however, Bybit is certainly worth a strong consideration if you’re looking for your next crypto trading platform. 

How to claim Bybit’s welcome bonus of up to $30,000+

We’ll show you a step-by-step guide on how to get Bybit’s welcome bonus of up to $30,000. The promotion caters to all types of traders – it’s fairly easy to reach the lower bonus levels, but hitting the top tiers with the biggest rewards is limited to those trading with significant size.

Step 1: Create a Bybit account using the referral code “9905”

The first step to claiming Bybit’s welcome bonus is to create an account using the Bybit referral code “9905”. You can enter the code manually, or you can sign up to Bybit using the link below to have it entered automatically.

Sign up to Bybit

In the first step of the registration process, you’ll be asked to enter your email and password. Then, you’ll have to verify your email by entering a code that will be sent to the email address you provided. 

Step 2: Complete KYC

In line with industry standards, users on Bybit have to complete a KYC (know your customer) identity verification process. The exchange will require you to complete KYC before you’re allowed to trade.

The first step of the KYC process is to provide proof of identity, through a valid document (such as your ID card) and a selfie. The second step is called identity assessment, and is used to confirm that you actually match the person on the submitted documents.

Step 3: Deposit funds and trade

After you verify your identity, you will be able to deposit funds to Bybit and start trading. Bybit accepts a large variety of cryptocurrencies, so you likely shouldn’t have any issues with funding your account. The most convenient cryptocurrencies to deposit are BTC and USDT, although you can easily convert your cryptos on Bybit if you choose to deposit another type of cryptocurrency. 

Then, you can start trading on Bybit to (hopefully) make some profits in the market and build up your account’s trading volume to reach the thresholds required for the welcome bonus. To get the first reward tier ($50), you have to deposit at least $500 and generate at least $5,000 in trading volume.

Please keep in mind that only taker orders are counted towards your account’s trading volume for the purposes of Bybit’s welcome bonus.

All maker orders are always considered taker orders, while only certain limit orders (those that are executed immediately) are considered taker orders.

Step 4: Check your progress in Bybit’s Rewards Hub

To check your progress towards the welcome bonus rewards, click the account icon on the top right corner of the Bybit interface and select “Rewards Hub”. At the top of the Rewards Hub interface, you will be able to see the total value of the rewards you have earned, as well as the number of rewards that are available for you to earn.

The bottom line: Sign up with the Bybit referral code “9905” to become eligible for a lucrative welcome bonus

If you’re looking to get some extra goodies with your new Bybit account, use the “9905” referral code when signing up for the account. If you meet the deposit and trading volume criteria of Bybit’s welcome bonus campaign, you’ll get solid rewards!

If you’re interested in learning more about the crypto exchange industry, make sure to check out our article highlighting the safest crypto exchanges.