What code web3 gives you
Bybit referral code web3 delivers two categories of benefit to every new user who registers through the referral link: a fee discount that reduces your trading costs on spot and derivatives markets from the first trade, and access to Bybit's tiered new-user bonus program that can reward deposits with up to $30,000 in bonus funds.
The fee discount is straightforward — it lowers the percentage you pay per executed trade. On Bybit's derivatives markets where professional traders move millions of dollars per day, even a small percentage reduction compounds into meaningful savings over time. The deposit bonus program is structured as a series of tiers: the more you deposit, the larger the bonus you can claim from the Rewards Hub.
How the deposit bonus tiers work
Tiers are based on cumulative first deposit: Bybit's new-user bonus program requires you to deposit a qualifying amount within a set window after account creation (typically 30 days). The bonus is not cash — it is credited to your bonus wallet and functions as a loss buffer that can be used to cover trading losses before touching your principal. Bonus funds are not directly withdrawable, but they reduce the effective risk of your first trades on the platform.
Minimum deposit thresholds: Small deposits in the $100–$500 range unlock the lower bonus tiers. Mid-tier bonuses require deposits of $1,000 to $5,000. The maximum $30,000 bonus target requires a substantial deposit — typically in the tens of thousands of dollars range. Bybit's Rewards Hub shows your current tier and the deposit amount required to reach the next one. Always review the current terms in the Rewards Hub, as exact amounts and bonus percentages are subject to change.
Fee discounts activate immediately: Unlike the deposit bonuses which require action in the Rewards Hub, the fee reduction from referral code web3 applies automatically to your account from the first trade. You do not need to claim it manually.
Bonus wallet mechanics
Bonuses credited through Bybit's referral program are placed in a dedicated bonus wallet, not your trading wallet. When a position moves against you, Bybit draws from the bonus wallet first before touching your real funds. This effectively gives you a cushion on early trades. Once the bonus wallet is depleted through trading losses, your principal is at risk as normal. Bonus funds that are never used expire according to the terms displayed in the Rewards Hub.
How to apply referral code web3
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Open Bybit through the referral link Navigate to bybit.com/invite?ref=web3. The referral code web3 is embedded in the URL and pre-fills on the registration form automatically. Do not use an incognito window or clear the URL before creating your account, as this may drop the referral parameter.
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Register your account Enter your email address or mobile phone number, choose a strong password, and complete the verification step (email link or SMS code). The referral code web3 will appear in the "Referral Code" field — verify it is present before submitting. If it is missing, type web3 into that field manually. Click "Create Account" to finalize registration.
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Complete KYC identity verification To unlock the full bonus program and higher withdrawal limits, navigate to Account & Security and complete KYC verification. Level 1 KYC requires a government-issued ID document and a facial recognition check. Most users are approved within a few minutes. Skipping KYC limits your withdrawal limits and restricts access to some products, including the full deposit bonus tiers.
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Deposit funds and visit the Rewards Hub Fund your account by depositing cryptocurrency via the on-chain deposit address, or purchase crypto directly with a card or bank transfer through Bybit's fiat gateway. Once funds are credited, open the Rewards Hub from the main menu. You will see your eligible bonus tiers based on deposit amount. Follow the instructions to claim each bonus. Fee discounts are already active — start trading and they apply automatically on every fill.
Ready to claim your Bybit welcome bonus and reduced fees?
Activate code web3 on BybitBybit fee structure
Bybit operates a tiered fee schedule where your 30-day trading volume determines your maker and taker rates. The platform separates fees for spot trading and derivatives, with derivatives fees meaningfully lower than spot — reflecting Bybit's origins and strength as a derivatives-first exchange. Referral code web3 applies an additional discount on top of your standard tier rate.
Spot trading fees
| Tier | 30d Volume | Maker fee | Taker fee |
|---|---|---|---|
| Standard (base) | < $1M | 0.100% | 0.100% |
| VIP 1 | $1M – $5M | 0.080% | 0.090% |
| VIP 2 | $5M – $25M | 0.060% | 0.080% |
| VIP 3 | $25M – $100M | 0.040% | 0.060% |
| VIP 4 | $100M – $500M | 0.020% | 0.050% |
| Supreme VIP | > $500M | Custom | Custom |
Perpetual futures fees
| Tier | 30d Volume | Maker fee | Taker fee |
|---|---|---|---|
| Standard (base) | < $5M | 0.020% | 0.055% |
| VIP 1 | $5M – $25M | 0.016% | 0.050% |
| VIP 2 | $25M – $100M | 0.014% | 0.045% |
| VIP 3 | $100M – $500M | 0.012% | 0.040% |
| VIP 4 | $500M – $1B | 0.010% | 0.035% |
| Supreme VIP | > $1B | Custom | Custom |
At the base tier, Bybit's derivatives taker fee of 0.055% is competitive with major peers. The maker fee of 0.02% is among the lowest in the industry for a centralized exchange at the standard tier, making Bybit particularly cost-efficient for limit order traders. Combined with the referral discount from code web3, derivatives traders at Bybit pay significantly less than headline rates suggest.
Why derivatives fees matter more
Most active traders on Bybit trade derivatives — perpetual futures on BTC, ETH, and hundreds of altcoins with up to 100x leverage. Because leverage multiplies position size, the fee applies to the notional value, not just the collateral. A trader running a $10,000 position at 10x leverage pays fees on $100,000 of notional exposure. At Bybit's base taker rate of 0.055%, that is $55 per trade. At a discounted rate from referral code web3, the same trade costs meaningfully less — and across hundreds of trades per month, those savings are substantial.
Bonus tier breakdown
Bybit's new-user bonus program is structured around deposit milestones. The amounts below are illustrative of the tier structure as of early 2026 — actual bonus amounts and thresholds are set by Bybit and should be confirmed in your Rewards Hub after registration, as they may change seasonally or by region.
| Deposit amount | Indicative bonus tier | Notes |
|---|---|---|
| $100 – $499 | Entry tier | Small bonus buffer, fee discount active |
| $500 – $999 | Starter tier | Moderate bonus credit to Rewards Hub |
| $1,000 – $4,999 | Mid tier | Meaningful bonus credited |
| $5,000 – $19,999 | Advanced tier | Larger bonus buffer for active trading |
| $20,000+ | High-value tier | Unlocks path toward $30K maximum |
The maximum $30,000 bonus is the headline figure Bybit advertises for new users with substantial deposits. Not every user will qualify for the maximum — the amount you receive depends on your total deposit, trading activity requirements, and any promotional terms active at the time of your registration. Always read the specific terms in the Rewards Hub after signing up with code web3, as each bonus task may have completion requirements such as a minimum trade volume within a set period.
Bonus vs. real funds
It is important to understand that Bybit bonuses are not cash equivalents. They cannot be withdrawn directly and are not added to your trading balance as spendable funds. Instead, they function as a first-loss buffer — Bybit absorbs losses from the bonus wallet before your deposited funds are touched. Think of it as an insurance cushion rather than a cash reward. The practical effect is that your early trades on Bybit carry reduced downside risk during the period when the bonus balance is positive.
Bybit vs. Binance vs. OKX
Bybit, Binance, and OKX are the three largest centralized crypto exchanges in the world by derivatives trading volume. Each targets a slightly different audience and has different strengths. If you are deciding which exchange to use with a referral code, the comparison below highlights the key differences.
| Feature | Bybit | Binance | OKX |
|---|---|---|---|
| Derivatives volume | #2 globally | #1 globally | #3 globally |
| Spot maker fee (base) | 0.100% | 0.100% | 0.080% |
| Futures taker fee (base) | 0.055% | 0.040% | 0.050% |
| Futures maker fee (base) | 0.020% | 0.020% | 0.020% |
| New-user bonus | Up to $30,000 | Up to $100 (varies) | Up to $10,000 |
| Copy trading | Yes — leading feature | Yes | Yes |
| Listed spot pairs | 1,000+ | 1,400+ | 700+ |
| Derivatives markets | 400+ | 300+ | 280+ |
| US availability | No (US restricted) | No (US restricted) | No (US restricted) |
| Referral code | web3 | Varies | Varies |
Bybit's primary advantage over Binance is its derivatives product depth and its copy trading platform, which is among the most developed in the industry. Bybit's new-user bonus of up to $30,000 is also substantially larger than Binance's standard welcome offer. OKX offers slightly lower spot fees at the base tier and a strong Web3 wallet, but Bybit's derivatives liquidity surpasses OKX on most pairs.
For traders primarily interested in perpetual futures on major cryptocurrencies, Bybit with referral code web3 is a compelling choice — particularly if you want a large bonus program and access to copy trading alongside your own trading activity.
Available markets on Bybit
Bybit has grown from a derivatives-only exchange into a comprehensive multi-product platform. With over 1,000 spot pairs and more than 400 derivatives markets, it is one of the broadest trading venues in the industry. Referral code web3's fee discount applies across all of these markets.
Spot trading (1,000+ pairs)
Bybit's spot market lists all major cryptocurrencies against USDT, USDC, and BTC base pairs. Spot trading is available for BTC, ETH, SOL, XRP, BNB, DOGE, ADA, AVAX, MATIC, DOT, LINK, UNI, AAVE, LTC, BCH and hundreds of mid-cap and emerging altcoins. Bybit has aggressively expanded its spot listings in recent years, making it a viable alternative to Binance for traders who want depth across a wide range of assets.
Perpetual futures (400+ markets)
Bybit's derivatives offering is its flagship product. Perpetual futures are available on BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT, DOGE/USDT, AVAX/USDT, BNB/USDT, ARB/USDT, OP/USDT, SUI/USDT, APT/USDT, INJ/USDT, TIA/USDT, WIF/USDT, PEPE/USDT, BONK/USDT and 380+ additional pairs. Leverage varies by market, with BTC and ETH supporting up to 100x and smaller-cap altcoins typically supporting 10x to 25x.
Options
Bybit offers BTC and ETH options with European-style expiry and a wide range of strike prices. The options desk caters to institutional and sophisticated retail traders who want defined-risk positions or volatility strategies. Options fees are separate from the spot and derivatives fee schedule.
Inverse perpetuals
In addition to USDT-margined perpetuals, Bybit maintains a range of inverse perpetuals (coin-margined contracts) for BTC, ETH, and select other assets. Inverse contracts use the base asset as collateral, which appeals to traders who hold BTC or ETH and want to trade without converting to stablecoins.
Bybit products
Beyond trading, Bybit has built a suite of financial products that make it a full-service platform for crypto users at every level of sophistication.
Copy trading
One of Bybit's defining features: Bybit Copy Trading lets you automatically replicate the positions of vetted professional traders in real time. You select a master trader from a ranked list, set your allocation and risk parameters, and Bybit mirrors every trade they open or close in your account proportionally. Master traders earn a percentage of followers' profits, creating a marketplace of traders competing to build long-term track records. With referral code web3, the fee discount applies to copy-traded positions as well.
Bybit Earn
Yield products for idle assets: Bybit Earn encompasses flexible savings (withdraw anytime), fixed-term savings (higher APR with lock-up), liquidity mining (provide liquidity to Bybit's pools), and structured products (dual investment, principal-protected notes). Rates are updated regularly and vary by asset. USDT and USDC flexible savings typically offer competitive rates relative to centralized exchange peers.
Bybit Web3
Integrated DeFi access: Bybit's Web3 section includes a non-custodial wallet, multi-chain DeFi browser, NFT marketplace, and token launch platform (Bybit Launchpad). The Web3 wallet supports Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Base, Solana, and other major networks. This gives Bybit users a path from centralized trading into DeFi without leaving the Bybit ecosystem.
Bybit NFT Marketplace
Native NFT trading: Bybit operates its own NFT marketplace where users can buy, sell, and mint NFTs without paying gas fees — Bybit absorbs the gas cost. The marketplace lists both Bybit-exclusive collections and major third-party collections. Integration with the Bybit Web3 wallet makes it straightforward to manage NFT holdings alongside crypto trading and earn positions.
Bybit Launchpad
Early token access: Bybit Launchpad gives registered users the ability to subscribe to new token sales at pre-market prices. Allocation is typically determined by how much BIT (Bybit's native token) or USDT a user commits to the subscription pool. Early-stage token launches on Bybit Launchpad have historically generated substantial returns for early participants, though these are speculative investments with no guaranteed outcome.
About Bybit
Bybit was founded in 2018 by Ben Zhou, who previously spent six years at XM, a global retail forex and CFD broker. Zhou founded Bybit with a specific goal: build a derivatives exchange with matching engine performance and reliability that rivaled the best traditional financial infrastructure, not just the existing crypto exchanges.
The company launched initially as an inverse perpetuals platform — offering BTC, ETH, and XRP perpetual contracts settled in the base cryptocurrency rather than stablecoins. This design was popular with Bitcoin maximalists who wanted to accumulate BTC exposure without holding USDT. As Bybit expanded, it added USDT-margined perpetuals, spot trading, options, and eventually the full suite of products described above.
Today, Bybit is headquartered in Dubai, UAE, following a relocation from Singapore in 2023 as part of a broader global expansion. The exchange holds licenses and registrations in multiple jurisdictions and maintains a team of over 3,000 employees globally. Bybit consistently ranks as the #2 centralized exchange by derivatives trading volume, processing tens of billions of dollars in daily volume across its derivatives and spot markets.
Bybit has operated without a major security breach since its founding — a significant distinction in an industry where exchange hacks have resulted in billions in user losses. The exchange uses a combination of multi-signature cold wallet storage, hardware security modules, and regular proof-of-reserves attestations to demonstrate solvency to users. Proof of Reserves audits, published regularly, confirm that Bybit holds user assets 1:1 with deposits.
The Bybit name is derived from "binary" and "byte" — a nod to the technical precision the founders wanted to bring to crypto trading infrastructure. The platform processes over 100,000 transactions per second at peak and maintains consistent sub-millisecond order confirmation times, matching performance that distinguishes professional-grade exchanges from slower alternatives.
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