Have you just started crypto trading and want some bonus to get a head start? Well you’re in luck! One of the largest crypto exchanges Bybit is offering you the chance to earn Bybit sign up bonus that gives you exclusive rewards. This welcome bonus allows you to earn rewards simply by doing basic tasks at the time of registration.
But you might be thinking, where to get this sign up bonus? Not to worry, because in this guide, we’ll explain what Bybit promo codes are and where to find them. So you can maximize your Bybit rewards and get the most out of it! So, let’s dive in.
What is the Bybit Sign Up Bonus?
Bybit’s sign up bonus is a promotional incentive to get people to sign up for the platform. You’ll usually get trading credits, discount fees, or even cashback from such promotions. The best part is that you get a welcome bonus of 20 USDT just by signing up.
But the fun doesn’t stop here. Just by completing certain tasks, such as making a deposit, you can earn upto 5,050 USDT in bonuses.
With an offer that sounds too good to be true, you might think there’s a catch. The good news is, there’s not. You just need to create an account on Bybit to be eligible for the bonus. You will also need to verify your identity if necessary. For some bonuses, you may have to make a minimum deposit or engage in trading activity.
For instance, if you deposit $500 and trade $5,000 you can get $50 as an unlockable reward. And it gets even better as you trade and deposit more. Bybit also offers some limited-time offers, so be sure to keep an eye out for the best deals.
Utilizing Bybit Promo Codes for Additional Benefits
Aside from the Bybit sign up bonus, the exchange also features a lucrative referral program, offering great bonuses for referrals. This program gives both referred users and the referrer 10% off their trading fees forever. Sounds pretty cool, right?
When you share your Bybit referral link and your friends sign up, you’ll get 1,025 USDT in rewards on top of the 5,050 USDT bonus. This totals up to 6,045 USDT, which is impressive given that you only have to sign up and share your Bybit promo codes in order to get it.
Plus your friends will get this referral reward too. This amount is split up between the different activities they do on Bybit.
Step-by-Step Guide to Claiming Your Bybit Sign-Up Bonus
Claiming the Bybit sign up bonus is quite straightforward, and it only takes a few clicks to get started. So let’s take a step-by-step look at how to do it.
1. Registering on Bybit
First you need to create a Bybit account. For this hop on to the Bybit website and click on Sign Up. Put in your email and a password you’ll remember. On the bottom you will see a “Referral Code” option, which you shouldn’t miss.
If you have a referral code, you can use it here for additional promotions. You can find many referral codes for Bybit partners, and using them kicks off bonus offers during the sign-up process. But if you skip this step, you won’t get a Bybit sign up bonus.
2. Completing Identity Verification
The next step is verification, which requires you to do a mandatory Know Your Customer (KYC) process.
For verification of your identity on Bybit, select “Account & Settings” then select “Verification”. After that, you’ll have to enter some personal info and upload a government-issued ID like a passport or driving license. As a way of proving your identity, you may be required to take a selfie with the ID in hand.
Then, submit the relevant documents to Bybit for review, which typically takes a few days, depending on the volume. You’ll get a notification once your identity is verified, confirming your account’s activation.
3. Making the Initial Deposit
After the account verification is done, you can deposit funds and start trading. You can deposit funds in cryptocurrencies through your wallet or use fiat currency through supported payment methods like credit cards or bank transfers.
To fund your account, go to the “Assets” section, click on “Deposit,” then follow the on-screen instructions. Make sure you meet the bonus requirements before you deposit.
4. Accessing and Using Your Bonus
Now all you have to do is complete a few trading tasks to unlock your rewards. You might need to trade at least $10, or you might need to deposit $500 and trade $5,000, for instance. These tasks let you learn all about Bybit’s trading features and earn rewards.
Once you complete a task, it may take a few days for the rewards to appear in your account.
And you can claim them in your account by visiting the “Rewards Hub” section. Based on your trading data, you’ll see what bonuses are available.
Common Issues and Solutions
Bybit sign up bonus offers great value. Nevertheless, there are a few issues and solutions to keep in mind if you want to maximize the benefits of the Bybit referral offer.
1. Already a User
Bybit sign up bonus and the referral codes are exclusively for new users while registration. So if you’re already a Bybit user, you’re a no-go for many Bybit coupons.
2. Typo Errors
The Bybit referral code often has no spaces and no other characters. So if the coupon doesn’t work, or if you manually entered the code instead of clicking on a coupon, you might have made a typo mistake.
3. Geographical Restriction
Another issue can be geographical restrictions. If you live in a country that does not support Bybit (or the promotion in question), you may not be able to take part in the promotion. Therefore, before you claim sign up, make sure your location’s eligibility.
Best Ways to Maximize Bybit Rewards
1. Be Active on the Platform
Bonuses get bigger as you trade more. Make sure you’re active and trading as much as you can. Remember that small trades add up to big rewards over time.
2. Look Out for New Updates
Bybit offers promotions and bonuses frequently for new users to entice them. So make sure you check your email and account for new updates.
3. Utilize the Resources
Being one of the best crypto exchanges Bybit offers plenty of educational resources for those who are new to crypto trading. So start slow, gain experience, and then increase your trades as you get more comfortable.
Conclusion – Is the Bybit Sign Up Bonus Worth It?
Bybit sign up bonus offers amazing opportunity for crypto beginners to get started. Plus you can claim these deposit bonuses simply by signing up, verifying your KYC, and depositing funds. On top of that the Bybit referral program takes things a step further, offering even more benefits and rewards. Plus Bybit has plenty of new features and updates, so beginners are recommended to choose Bybit as their platform of choice.