The world of cryptocurrency is exciting. It is also very large. New platforms, new coins, and new opportunities appear all the time. One of the most popular platforms for trading is Bybit. It is a major cryptocurrency exchange used by millions of people. If you are thinking about joining Bybit, there is one thing you must know about first. It is the Bybit Referral Code.
Using a code when you sign up is the smartest way to start. Why? Because it gives you free bonuses. These can be in the form of cash, trading coupons, or other rewards. It costs you nothing to use a code. In fact, not using a code means you are missing out on free benefits. This guide will explain everything. We will cover what Bybit is, how the referral program works, and how you can claim your welcome bonus.
Get your Bybit welcome bonus!
Use the correct code for your region to unlock exclusive rewards.
For European Union (EU) Users: BYBIT3K
For Global Users (Outside EU): BYBIT31
Register on ByBit EU with bonuses
Register on ByBit Global with bonuses
Chapter 1: What is Bybit? A deep dive
Before we talk about bonuses, let’s understand the platform. Bybit was founded in 2018. It quickly became one of the largest and most respected crypto exchanges in the world. The founder is Ben Zhou, who has a background in the traditional finance world. This is important. It means the platform was built with a focus on speed and reliability, much like a traditional stock market.
At first, Bybit was famous for one thing: derivatives trading. This is a more advanced way to trade. Instead of just buying Bitcoin, you can trade “contracts” that bet on its price going up or down. These are often called “perpetual swaps.” Bybit’s trading engine—the system that matches buyers and sellers—is incredibly fast. This is crucial for traders because, in crypto, prices move in seconds. A slow platform can cost you money.
However, Bybit is no longer just for advanced traders. It has grown into a massive ecosystem. Today, it offers a huge range of products for everyone, from beginners to experts.
Key products on Bybit
- Spot Trading: This is the most basic and common form of trading. It is simply buying a cryptocurrency, like Bitcoin or Ethereum, to hold it. You own the actual coin. This is where most beginners start.
- Derivatives Trading: This is what Bybit is famous for. It includes perpetual contracts and futures. This lets traders use “leverage.” Leverage means you can control a large position with a small amount of money. For example, with 10x leverage, you can control $1,000 worth of Bitcoin using only $100 of your own. This is very high-risk. While it can amplify your profits, it can also amplify your losses just as quickly.
- Bybit Earn: This is a way to make your crypto work for you. Instead of just letting your coins sit in your wallet, you can “stake” them or put them into “savings” products. In return, Bybit pays you interest. It is similar to a high-yield savings account at a bank, but for cryptocurrency.
- NFT Marketplace: Bybit has its own marketplace where you can buy, sell, and trade Non-Fungible Tokens (NFTs), which are unique digital collectibles.
- Launchpad: This is a very exciting feature. The Bybit Launchpad gives users early access to new crypto tokens before they are listed on the main exchange. These tokens are often available at a very low price, giving a chance for high returns.
Is Bybit safe?
Security is perhaps the most important question for any exchange. Bybit takes this very seriously. They use industry-standard security practices. This includes:
- Cold Storage: The vast majority of user funds are kept in “cold” wallets. These are wallets that are not connected to the internet, making them safe from hackers.
- Two-Factor Authentication (2FA): Users must set up 2FA (like Google Authenticator). This means that even if someone steals your password, they cannot log in without your phone.
- Proof of Reserves: Bybit regularly proves that it holds all of its users’ funds 1-to-1. This builds trust and shows that they are not misusing customer money.
Don’t start empty-handed!
A referral code is a free bonus. Make sure you use the one for your location.
Living in the EU? Use Code: BYBIT3K
Living outside the EU? Use Code: BYBIT31
Register on ByBit EU with bonuses
Register on ByBit Global with bonuses
Chapter 2: The Bybit referral program explained
So, what is this program all about? In simple terms, it’s a marketing system. Bybit wants more users. Instead of spending millions on television ads, they prefer to pay their existing users to invite new ones. This is a “win-win” situation.
- The new user (you) wins: You get a welcome bonus for signing up.
- The person sharing the code (the “referrer”) wins: They get a small commission on the trading fees you pay.
- Bybit wins: They get a new, active customer.
This is a very common practice in the crypto industry. The important part for you is the bonus. Bybit’s welcome bonuses can be very generous, sometimes worth thousands of dollars. However, these bonuses are not just given to you for free. You must complete certain tasks to unlock them.
How to unlock your bonus
When you sign up with a ByBit Referral Code, you don’t just get cash in your account. Instead, you get access to a series of “tasks” in the Bybit Rewards Hub. This is a special section of your account.
The tasks are usually tied to two things: deposits and trading volume.
Here is a typical example of what you might see:
- Sign-up Bonus: Get a $20 coupon just for signing up and verifying your identity.
- First-Time Deposit Bonus: Deposit at least $100 within 7 days. Get another $25 coupon.
- Trading Volume Task: Trade a total volume of $10,000 (this is not as hard as it sounds with leverage). Get a $100 bonus.
- Higher Tiers: Deposit $20,000 and trade $1,000,000 in volume. Get a $1,000 bonus.
The exact rewards change all the time. But the principle is the same. The more you deposit and trade, the more you unlock. You must complete these tasks within a set time frame, usually 7 or 14 days after you register.
Bybit uses two different types of rewards. It is crucial to know the difference.
- Bonus: This is a cash bonus that is added to your derivatives account. You cannot withdraw this money. However, you can use it to trade. Most importantly, you can use it to cover trading losses. If you make a profit from trading with the bonus, that profit is yours to keep and withdraw.
- Coupon: This is a rebate on your trading fees. When you make a trade, you pay a small fee. A coupon will cover this fee for you. For example, a $20 coupon means you will pay $0 in fees until the $20 is used up.
Both are very valuable. The bonus is great for trying out trading without risking your own capital. The coupon is great for active traders as it saves you a lot of money on fees over time. All of this is only available if you use a referral code when you first create your account.
Chapter 3: How to use a Bybit referral code (Step-by-step)
The process is very simple, but you must do it correctly. You only get one chance to use a referral code: when you create your account. You cannot add it later.
Here is a simple, step-by-step guide to make sure you get it right.
Step 1: Find a valid referral code
First, you need a code. You can get them from friends, crypto websites, or YouTubers. For this guide, we will use the two official codes mentioned:
- For EU Residents: BYBIT3K
- For Global Residents (outside EU): BYBIT31
Copy the code that applies to your region.
Step 2: Go to the Bybit registration page
Go to the official Bybit website. Be careful of phishing websites. Always double-check the URL. It should be Bybit.com or a specific regional domain if you are in the EU.
Step 3: Fill out the sign-up form
You will see a simple form asking for either your email address or phone number. You will also need to create a strong password.
Below the password field, you will see a small text that says: “Referral Code (Optional)”. Click on this. A new box will appear.
This is the most important step. Paste your referral code (e.g., BYBIT31 or BYBIT3K) into this box. Double-check that it is entered correctly.
Step 4: Verify your email or phone
Bybit will send a 6-digit code to your email or phone. Enter this code to prove you own the account. Once you do this, your account is created!
Step 5: Complete identity verification (KYC)
Before you can do much, you must verify your identity. This is a legal requirement called “Know Your Customer” (KYC). It helps prevent fraud and money laundering. Bybit requires at least KYC Level 1. This is very simple:
- You will need a valid government-issued ID (like a driver’s license or passport).
- You will need to take a quick selfie with your computer or phone camera.
The verification process is automatic and usually only takes a few minutes. Once you are verified, you can deposit funds.
Step 6: Visit the Rewards Hub and make a deposit
Now that your account is set up, find the “Rewards Hub.” It is usually in the main menu. Here, you will see all the welcome tasks waiting for you. Click “Join” or “Register” for the new user event. Now, you can make your first deposit. You can deposit existing crypto from another wallet, or you can buy crypto directly on Bybit using a credit card or bank transfer. Remember, the size of your deposit and your trading volume in the first 7-14 days will determine the size of your bonus.
Your code determines your bonus!
Using the wrong code might not work. Ensure you use the right one for your location.
European Union Users (MiCA regulated): BYBIT3K
Global Users (Rest of World): BYBIT31
Register on ByBit EU with bonuses
Register on ByBit Global with bonuses
Chapter 4: Bybit EU vs. Bybit Global (A critical difference)
You might be wondering, “Why are there two different codes?” This is a very important topic. The answer is government regulation.
The cryptocurrency world is becoming more regulated. In Europe, a new set of rules called MiCA (Markets in Crypto-Assets) is now in effect. This new law changes how crypto exchanges can operate within the European Union. To comply with these laws, Bybit has had to create a separate, regulated platform for its EU users. This is often based in the Netherlands or Cyprus.
This means there are now two versions of Bybit:
- Bybit Global: This is the main Bybit.com platform. It is available to most of the world (with some exceptions, like the USA). It offers the full range of products, including high leverage on derivatives.
- Bybit EU: This is the regulated platform for users living inside the European Union. It is fully compliant with MiCA laws. This also means it may have some restrictions compared to the global version, such as lower leverage limits or fewer available products.
Because these are treated as two separate platforms, they have separate referral programs. Using a global code on the EU platform (or vice-versa) may not work or may not give you the correct bonus. This is why having the correct ByBit Referral Code for your specific region is so important. You must use the code that matches the platform you are legally required to sign up for.
Which version should you use?
This is simple: It is based on where you live.
- If you are a resident of an EU_country (like Germany, France, Spain, Poland, etc.), you must sign up for Bybit EU. Your code is BYBIT3K.
- If you are a resident of a non-EU country (like the UK, Australia, Canada, Brazil, India, etc.), you will use the Bybit Global platform. Your code is BYBIT31.
Here is a simple table to explain the differences:
| Feature | Bybit Global | Bybit EU |
|---|---|---|
| Who is it for? | Most of the world (non-EU, non-USA) | Residents of the European Union |
| Regulation | Regulated in various global jurisdictions | Fully compliant with EU MiCA laws |
| Product Range | Full range of all Bybit products | May have some restrictions (e.g., on leverage) |
| Referral Code | BYBIT31 | BYBIT3K |
Chapter 5: Tips for new Bybit users
Getting a bonus is a great start. But the goal is to be a successful and safe trader. Here are some essential tips for anyone new to the Bybit platform.
Before you even deposit, go to your “Security” settings. Set up Google Authenticator (2FA). Do not rely on just SMS or email. A dedicated authenticator app is much safer. Also, set up an “Anti-Phishing Code.” This adds a secret word to all official emails from Bybit, so you know they are real.
It can be tempting to jump straight into derivatives with 100x leverage. Do not do this. You will likely lose your money very quickly. Start with Spot trading. Buy some Bitcoin or Ethereum and get used to the platform. Learn how to place “limit” orders and “market” orders. Only move to derivatives when you have a clear strategy and understand the extreme risks of leverage.
Every trade has a fee. Bybit has a “Maker/Taker” model.
- A Taker takes liquidity from the market. This happens when you place a “market order” (buy or sell immediately at the current price). You pay a small fee.
- A Maker makes liquidity. This happens when you place a “limit order” (an order that only fills at a specific price). This adds to the order book. On Bybit, makers often pay a very low fee, or sometimes even get paid a small rebate.
Using limit orders is a more advanced and cheaper way to trade.
If you plan to hold crypto for the long term (this is called “HODLing”), do not let it sit idle. Go to the “Bybit Earn” or “Staking” section. You can lock up your coins for a set period (from 7 days to 120 days) and earn a high Annual Percentage Yield (APY). It is a safe, simple way to increase your crypto holdings.
This is the most important rule in all of cryptocurrency. The market is extremely volatile. Prices can drop 50% in a single day. Never invest your rent money, your savings for education, or any money you cannot live without. Treat it as a high-risk, high-reward speculation.
Chapter 6: Affiliate program vs. referral program
You may also hear about the “Bybit Affiliate Program.” This is different from the referral program. It is important to know the distinction, as it can be confusing.
The Referral Program (which this article is about) is for everyday users. You get a code, you share it with a few friends, and you both get a small bonus. The rewards are usually one-time bonuses from the Rewards Hub and a small, fixed commission.
The Affiliate Program is a professional partnership. It is designed for people with a large audience, such as:
- YouTubers with crypto channels
- Owners of large trading websites
- Popular crypto “influencers” on X (Twitter)
Affiliates get much higher commission rates (up to 50% of trading fees) and dedicated support from Bybit. But they must apply and be approved. For 99% of users, the standard ByBit Referral Code program is what you will use. It is simple, easy, and gives you a great welcome bonus without any commitment.
| Program | Who is it for? | How to join? | Primary reward |
|---|---|---|---|
| Referral Program | All Bybit users | Automatic. Just share your code. | Welcome bonuses, trading coupons. |
| Affiliate Program | Influencers, content creators, website owners | Must apply and be approved by Bybit. | High, recurring commission on trading fees. |
Final reminder: Choose your code!
Your journey on Bybit starts with one click. Make it count by using a referral code.
Code for European Union: BYBIT3K
Code for Global (non-EU): BYBIT31
Register on ByBit EU with bonuses
Register on ByBit Global with bonuses
Chapter 7: Conclusion
Bybit has established itself as a top-tier cryptocurrency exchange. It is fast, secure, and offers a massive range of products for every type of investor. Whether you want to simply buy and hold Bitcoin or trade complex derivatives, it has the tools you need.
But before you start, you have a simple choice. You can sign up with an empty account, or you can sign up with a referral code and get access to a pool of bonuses. The choice is clear. Using a ByBit Referral Code costs you nothing and gives you a significant advantage. It provides you with coupons to save on fees and bonus funds to try trading without risking your own money.
Just remember the most important rule: use the code that matches your region. For EU residents, BYBIT3K unlocks your rewards on the MiCA-compliant platform. For global users, BYBIT31 is your key to the bonuses on the main platform. Choose the right code, sign up, verify your account, and claim your welcome bonus. It is the best possible start to your crypto journey on Bybit.
Frequently asked questions (FAQ)
1. What is a Bybit Referral Code?
A ByBit Referral Code is a special code (like BYBIT31 or BYBIT3K) that new users can enter during the registration process. It makes you eligible for a welcome bonus, which can include trading coupons and cash bonuses. You can only use it once, when you first create your account.
2. What is the difference between the EU code (BYBIT3K) and the Global code (BYBIT31)?
The difference is based on location and regulation. BYBIT3K is for new users who are residents of the European Union, signing up on the Bybit EU platform (which follows MiCA regulations). BYBIT31 is for users in the rest of the world (e.g., UK, Canada, Australia, Asia) who are signing up on the global Bybit.com platform.
3. I already have a Bybit account. Can I add a referral code?
No. Unfortunately, a referral code can only be applied during the initial account creation. If your account is already created, even if it is very new, you cannot add a code later. This is why it is critical to enter it in the “Referral Code (Optional)” box during sign-up.
4. How do I claim my bonus after signing up?
After you sign up with a code and complete your Identity Verification (KYC), you must go to the “Rewards Hub” on the Bybit platform. There, you will see a list of tasks (like “Make a first-time deposit” or “Reach a trading volume”). You must complete these tasks within the specified time (usually 7-14 days) to unlock your bonuses.
5. Can I withdraw my Bybit bonus?
You must understand the difference between a “bonus” and a “coupon.” A coupon is used to pay for trading fees (you cannot withdraw it). A bonus is cash added to your derivatives account. You cannot withdraw the bonus itself, but you can trade with it. Any profits you make from trading with that bonus are yours to keep and can be withdrawn.
6. What is the best ByBit Referral Code to use?
The best code is the one that is correct for your region. If you live in the European Union, the correct code is BYBIT3K. If you live outside the European Union (and in a country Bybit serves), the correct code is BYBIT31. Using the right code ensures you are eligible for the welcome rewards specific to your platform.
