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    FAQ — Referral Program
    bybit2024-01-27 13:02:29

    What is the Bybit Referral Program?

    The Bybit Referral Program is an incentive program that rewards both you and your friends. By inviting friends to join Bybit and participate in program tasks, you can earn up to 1,025 USDT in exclusive rewards. All tasks must be completed during the Referral Program period to qualify for rewards. Additionally, you can earn up to 30% in commissions whenever your referee completes a trade on Bybit.

     

     

     

    Who is considered a qualified referee?

    A qualified referee refers to a friend who has to sign up via your referral link or code, deposited more than $100 within 7 days of registration and accumulated a Derivatives trading volume of more than $500 within 30 days of registration.

     

    Notes

    — Eligible deposits include deposits of cryptocurrencies/tokens, fiat deposits, deposits via P2P Trading and deposits via credit card payments. 

    — Total trading volume = Derivatives trading volume




    My referee forgot to use my referral code/link. Can I still receive the rewards?

    Unfortunately, no. The user will not be recognized as your referee.

     



    Why didn't I receive my reward(s) despite my referee completing the task(s)?

    To ensure fairness and justice, we will check your referees' account status within 14 days. Please remind your friends not to withdraw any tokens during the checking period. If no abnormal conditions were detected in your friends' accounts, both of you can claim the rewards from your Rewards Hub (available for 30 days).

     

     

     

    Is there a limit to how long I can earn commissions through the Referral Program?

    As long as the program remains active, you can earn commissions from the moment your referee registers for a Bybit account.

     

     

     

    How can I increase my commission rate?

    In the beginning, your commission rate will be 20%, but you will be able to increase the commission rate as you complete the program tasks. The program tasks are as follows:

     

    - To unlock a 25% commission rate, invite 5 qualified referees.

     

    - To unlock a 30% commission rate, invite 100 qualified referees, or achieve at least $15 million in Derivatives trading volume through your referees in a quarter.

     

    Note: The new commission rate will become effective the next day you meet the above requirements.

     

     

     

    Will I earn commissions from referees who trade on Subaccounts?

    Yes, of course. You can earn commissions from referees who trade on Subaccounts, Copy Trading account, Trading Bot account, MT4 account and Unified Margin Account.

     

     

     

    My commission rate has dropped from 25% to 20%. Why is that?

    Your commission rate will be downgraded under the following conditions:

     

    - If the number of your actively trading referees in a quarter is less than 5.

    - If the quarterly Derivatives trading volume of your referees is less than $15 million.

     

    Note: The new commission rate will become effective on the first day (12AM UTC) of the following quarter.

     

     

     

    What can I do to increase my commission rate again?

    Simply meet the following conditions and your commission rate will be upgraded to a new tier.

     

    - Your quarterly number of actively trading referees must be more than 5.

    - The quarterly Derivatives trading volume of your referees is more than $15 million.

     



    My friend completed the task, why can't we claim rewards?

    There are a few reasons why you may not be able to claim rewards. If your friend engages in any inappropriate, dishonest, or abusive activities, you will not be able to claim rewards. 

     

    Additionally, if the daily limit for reward claims has been reached, or your referee's trading volume is too low, you will not be able to claim the reward. However, you will be able to claim your reward the following day provided the rewards pool has not run out.

     

     


    Is there a cap on the number of rewards each user can earn?

    You can earn rewards as long as you meet the task requirements. Rewards are distributed daily on a first-come, first-served basis, with priority given to referees with higher trading volume. To ensure that everyone has a chance at claiming rewards, we've prepared a monthly rewards pool of 500,000 USDT with a daily limit on reward claims. If rewards are fully claimed for the day, you can claim your rewards the next day (provided the monthly reward pool has not run out). The daily rewards pool will be replenished at 12AM (midnight) UTC everyday. The sooner your referee completes their tasks, the earlier you can both claim your rewards.

     

     

     

    What are Bybit bonuses?

    Bybit bonuses can be used as margin for Derivatives trading (not supported for Spot trading). They can also be used to cover trading losses and offset trading fees prior to the user's own capital. Bonuses cannot be withdrawn, while profits from trading with bonuses can be withdrawn. In general, the bonuses (if applicable) will be credited to eligible users one (1) month after the event ends.



    What are Bybit coupons?

    Bybit coupons can be used to offset trading fees for Derivatives trading (not supported for Spot trading). They will be deducted to cover trading fees prior to the user's own capital. In general, the coupons (if applicable) will be credited to eligible users one (1) month after the event ends. For more information, please refer to FAQ - Rewards Hub and Latest Promotions.



    Does the API trading volume qualify for the referral program?

    Yes, the trading volume through API is included.



    Which deposit method will be considered as an eligible deposit?

    Eligible deposits include deposits of cryptocurrencies/tokens, fiat deposits, deposits via P2P Trading and deposits via credit card payments. 

     

     

     

    What is the difference between the Referral Program and the Affiliate Program?
    The Referral Program gives existing Bybit users: Invitation Reward and Commission Reward. For more info, please click here.

     

    The Affiliate Program enables selected Bybit users to receive a perpetual commission based on the trading volume of their referred traders. For more info, please click here.

    Invitation Reward

    Invite a friend and you'll both earn 25 USDT for being a qualified Referee and a Mystery Box worth up to 1,000 USDT.

    Commission Reward
    Earn up to 30% commission on every trade by a referee

     

    Note: For detailed information regarding our current Referral Program, please visit this page.



    If I switch to the Affiliate Program, will I still receive rewards from the Referral Program?

    No, if you switch to the Affiliate Program, you will no longer receive rewards from the Referral Program. However, your referees can still receive rewards if they meet the task requirements. Please consider carefully before making the switch.

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