We negotiated an exclusive 10% trading fee discount on all fees with our ByBit Referral Code. You’re also eligible to activate the promo bonuses.
The ByBit Referral Code is: 2950. This promo code will give you an exclusive 10% trading fee discount on the platform.
ByBit offers spot and Futures trading. Futures trading should only be used by experienced traders.
Benefits of this ByBit Referral Code
Using a referral code of ByBit has a big advantage for new crypto traders on this exchange and you won’t get this advantage when you use no code or (some) codes from someone else. Check all the benefits in the table below.
|Our referral code||2950|
|Spot trading discount||10% (lifetime)|
|Futures trading discount||10% (lifetime)|
|Reward Hub bonuses||Big reward bonuses (changes every month)|
|VIP discounts||By reaching VIP level 1, 2 or 3 you will get more discount|
|Total discount||At least 10% on trading fees plus dollar bonuses|
ReferralCodeCrypto has an exclusive promo code to get a 10% trading fee discount on ByBit. Most other blogs don’t have this promotion. You can easily verify this promotion during your registration. Hit the sign up button and click on Promo or Referral Code (Optional). Enter the code 2950 and you will see in green that the promo code is active and the 10% discount.
You will not receive the discount on forehand, but after each trade. The discount will be a cashback.
Explanation 10% trading fee discount and USD bonuses
First of all, we can understand that a lifetime 10% discount on the trading fees can be hard to believe. Especially when the trading fees are so low as that of ByBit. We will explain you how we can give a 10% discount with a ByBit Referral Code.
The promo code for the 10% discount is given by the affiliate manager of ByBit. He personally activated this promotion and makes sure that all new clients can benefit from this 10% ByBit trading fee discount.
This means that this is an exclusive promotion and not all partners (blogs, YouTubers, Twitter personalities etc.) can offer this.
The Welcome gifts and tasks however are for every new and (most) existing users. Everybody can claim these dollar bonuses when you meet the conditions. In your Rewards Hub you can find all the current promotions or add a ByBit promo code. Most of the time the bonuses at ByBit exceeds the $1000.
Discounts will be paid as a cashback
The trading fee discount of 10% will be paid as a cashback into your account. This can take up to 24 hours and will be credited after each trade. You can get an extra discount by reaching a higher VIP or PRO level. This is calculated by your 30 day trading volume or the total amount of your assets (minimum $250,000).
ByBit Referral Code discount example
Here is an example how the trading fee discount on ByBit will be calculated. ByBit doesn’t have a native coin which you can hold to get extra discounts. For example you make a Perpetual & Futures trade as a Non-VIP market taker. This means that the standard fee will be 0.06% for every trade.
When you applied the Referral Code, you will receive a 10% discount on this trade. If you place a $10,000 order, you will pay $6 in trading fees. But because you used the code while registering, you are eligible to receive a cashback of 10%. Which makes the discount $0,60 and the total fee $5,40.
This might be a small discount in your opinion, but this platform is primarily used by crypto traders. When you trade crypto, you trading volumes can rise quickly and every discount you get will cut the total costs.
Rewards Hub USD bonuses with a promo code
Additionally to the Referral Code bonus of 10%, every existing and new user can earn bonuses, promo codes and cashbacks in the Rewards Hub. In this section you can get welcome gifts or bonuses by doing small tasks. Each task is worth a certain USD amount, which have certain conditions. When you activate the bonus and meet the conditions, you will receive the USD bonus.
You can also enter a ByBit promo code to receive a hidden bonus. These promo codes will also be communicated on this page.
How to enter the ByBit Referral Code?
A referral code of ByBit can only be used when creating a fresh account. It’s not possible to add it when you already have an account. The only solution would be to create a new acocunt.
The referral code can be entered on the registration form on the website or in the mobile app.
- Download the ByBit app for Android or iOS or go to the ByBit website
- Click the Sign Up button
- Choose between email or mobile number
- Enter your details (email or phone number and strong password)
- Click Promo or Referral Code (Optional)
- Enter: 2950
- Hit Continue
After you hit continue, you will need to verify your email or phone number. Your account will be ready after the verification. A KYC is not needed, but is limited in terms of daily withdrawals (2 BTC per 24 hours). When you want to withdraw more, you can spread it over multiple days or perform a KYC.
Extra discount on the trading fees
It is possible to receive an extra discount on trading fees on KuCoin, but this is only reserved for big traders and/or whales. The extra discount is based on your KCS holding or your Spot/Futures trading volume. There are 12 levels and you start at level 0. To get to level 1 you have to hold at least 1000 KCS (currently $20k) or trade 50 BTC in 30 days spot trading or trade 100 BTC in 30 days Futures trading.
The discount will be around 10% on market maker fees. You can imagine that this is only for big traders with high stakes. Most individuals don’t get to this threshold. You can see all the levels and requirements on the website.
What is ByBit?
ByBit is one of the fastest growing centralized crypto exchanges with spot, derivatives and margin trading. Officially, the company is based in the British Virgin Islands, but their office is in Singapore. Currently, ByBit has over 5 million traders, over 100 crypto assets and more than 100 Perpetual & Quarterly Futures contracts.
ByBit offers also other financial services, like staking with ByBit earn, trading options and they have their own NFT Marketplace. The platform became really popular because of their high leverages (x100), ability to process up to 100,000 transactions per second and extremely low fees. With the ByBit referral code you will even get 10% extra discount on those fees.
Furthermore, ByBit is known for its easy and user-friendly interface with an intuitive design.
Why use ByBit?
ByBit offers a lot of different crypto financial services on their platform. What they offer:
- Spot trading
- Futures trading
- Margin trading
- Options trading
- Low trading fees (lower with our referral code)
- ByBit Earn: Crypto staking
- NFT Marketplace: Trade, buy, sell and create NFTs
More info about the ByBit affiliate program
ByBit offers for their clients a referral program. Everybody can join this program and you can earn up to 420 USDT per referee.
For media partners they offer an affiliate program, this one is special created for content creators. Currently they have over 11,000 partners in more than 160 countries. You can receive a commission of 30% of the trading costs of your clients. It is also possible to invite sub affiliate over who you earn 10%.
Unfortunately you cannot share your commission with traders. But they offer a 10% discount fee for everyone who uses our link.
- Benefits of this ByBit Referral Code
- Explanation 10% trading fee discount and USD bonuses
- How to enter the ByBit Referral Code?
- Extra discount on the trading fees
- What is ByBit?
- Why use ByBit?
- More info about the ByBit affiliate program
- Share your own ByBit Referral Code
The ByBit Code in 2022 is: 2950. With this code you can receive a discount up to 10% on the trading fees.
All visitors who use this referral code will receive a discount of 10% on all spot, Futures and margin trading fees. This is an exclusive offer. Every user (new or existing) can receive via the Rewards Hub USD bonuses with a promo code.
Yes, that’s allowed. Share your own discount code in the comments on this page.
Share your own ByBit Referral Code
Below in the comment section you can share your ByBit referral code. Please don’t lie about the benefits.