Bybit Referral Code “GYNOBXZ” and $30,000 Sign Up Bonus 2024

Bybit is a popular trading platform for buying and selling cryptocurrencies. But did you know you can get a welcome bonus when you sign up? It’s called a referral bonus, which is given after using a referral code while signing up.

In this guide, we’ll explain what a Bybit referral code is and how to use one to get free USDT. We’ll also tell you about some of the other benefits of using an invite code.

Key Takeaways:

• Using the Bybit referral code “GYNOBXZ” can earn you up to 30,000 USDT in sign-up bonuses and a 30% rebate on trading fees, plus a 20 USDT welcome bonus.
• Bybit offers a tiered signup bonus system, where the bonus amount increases with higher deposits and trading volumes, reaching up to 30,000 USDT.
• Bybit’s referral program allows users to earn rewards by inviting friends to the platform, offering up to 1,710 USDT per referral and a 30% lifetime commission on trading fees.

What is Bybit Referral Code?

Bybit is a platform where you can trade cryptocurrencies like BTC and ETH. Bybit referral codes are special promo codes you can use when signing up for this cryptocurrency exchange. 

By using this code, you can receive bonuses and rewards. A referral code is given by an existing user of Bybit to new users. The existing user also benefits when someone uses their code. It is a way to encourage more people to join the crypto trading platform.

The best Bybit referral code is “GYNOBXZ”.  By using this invite code, you can get up to 30,000 USDT in starter rewards and get up to a 30% rebate on trading fees. You also get a welcome bonus of 20 USDT. This welcome bonus is given just for signing up and entering the invitation code and doesn’t need to complete any tasks to claim it.

Bybit Sign Up Bonus

Bybit offers a signup bonus that can go up to $30,000. This bonus is given to new users who deposit money and trade on the platform. The bonus amount depends on how much you deposit and how much you trade. 

Here is a detailed breakdown of how you can earn these sign-up bonuses.

• First, if you deposit $100 and trade $500, you will get a 10 USDT bonus. This is a small bonus to start with. This is how the reward continues with higher trading volume and higher deposits. 
• Finally, the maximum bonus of $30,000 is given if you deposit $250,000 and trade $150 million. This is the highest bonus available.

Bybit referral bonus terms and conditions

• This offer is only for new users who register for a Bybit account using this affiliate link or Bybit invitation code “GYNOBXZ”.
• For rewards of 5,000 USDT and above, only taker volume trades count.
• Users must sign up through an affiliate link and make the required deposits and trades to get rewards in Bybit’s “Rewards Hub”.
• Deposit rewards will be sent to eligible users’ Rewards Hub after a 3-day risk-monitoring period. Users need to manually claim their rewards from the Rewards Hub.
• If a user withdraws any part of their deposit within three days after the 14-day deposit period, they will be disqualified.
• Users must meet the deposit and trading requirements within 14 days of getting the task in their Rewards Hub to qualify for the reward. Deposits made after this period will not count.
• Net deposits will be calculated as follows: Total Deposits in Eligible Assets (including purchased assets) minus any amount withdrawn during the event period. Deposits include Crypto Deposits, One-Click Buy, and P2P Trading.
• Only Derivatives trades count towards trading volume. Fiat deposits and Spot trades do not count.
• Bybit bonuses can only be used for Perpetual and Futures contracts, not Spot trades.
• Bybit can disqualify any user who engages in dishonest or abusive activities during the campaign, such as creating multiple accounts to get extra rewards or any other fraudulent actions.

How to Use Bybit Referral Code “GYNOBXZ”?

To use the Bybit referral code “GYNOBXZ” and claim a $30,000 USDT bonus and a $20 USDT welcome bonus, follow these steps:

Step 1: Creating a Bybit Account

First, register a Bybit exchange account. Go to the Bybit website or download the Bybit app. The mobile app is available on both iOS and Android platforms, making it convenient to access from any device. Once you are on the Bybit homepage or app, locate and click on the “Sign Up” button. This will take you to the registration page.

On the registration page, you will be asked to enter your email address. Next, create a strong password. A strong password usually contains a mix of upper and lower-case letters, numbers, and special characters.

Now, you will see a field labeled “Referral Code”. This field is optional, but to claim the bonuses, you must enter the code “GYNOBXZ” in this field. This code is necessary to activate the referral bonuses. Make sure you enter it correctly.

Then, read through the terms of service to understand the rules and regulations of using Bybit. Once you have read and agreed to the terms of service, click the “Get My Welcome Gifts” button to create your account. It will send a verification email to the address you provided. Open the email and click the verification link inside.

Step 2: KYC Verification 

This step is known as KYC, which stands for “Know Your Customer”. KYC is a standard procedure and this helps prevent fraud and ensures the security of the platform.

To verify your identity on Bybit, go to the “Account & Settings”. Find the section labeled “Verification”. Here, you will need to provide some personal information and upload documents for verification. Typically, you will be asked to upload a clear photo of a government-issued ID, such as a passport or driver’s license. In addition, you may need to take a selfie while holding your ID to prove that you are the person in the ID photo.

Submit the required documents and wait for Bybit to review them. The verification process can take anywhere from a few hours to a few days, depending on the volume of requests. Once your identity is verified, you will receive a notification, and your account will be fully activated.

Step 3: Deposit Cryptocurrencies or Fiat currencies

After verifying your identity, you need to deposit funds into your account. There are several ways to deposit funds on Bybit. You can deposit cryptocurrency directly from an external wallet. 

To do this, go to the “Assets” section in your account and click on “Deposit”. Select the cryptocurrency you want to deposit, such as Bitcoin (BTC) or Ethereum (ETH). Bybit will provide you with a unique deposit address. Copy this address and use it to transfer funds from your external wallet. 

Tip: Your deposit and withdrawal network must be the same.

Another method to deposit funds is through the “One-Click Buy” option. This feature allows you to purchase cryptocurrency using a credit card or other payment methods. To use this option, go to the “Buy Crypto” section and select “One-Click Buy”. Choose the amount of cryptocurrency you want to buy and follow the on-screen instructions to complete the purchase. This method is quick and convenient.

You can also deposit funds through “P2P” (peer-to-peer) trading. P2P trading allows you to buy cryptocurrency directly from other users. To use this method, go to the “Buy Crypto” section and select “P2P Trading”. Choose the cryptocurrency and the amount you want to buy. Browse the list of available sellers and select one that meets your requirements. Follow the instructions to complete the transaction. P2P trading is a zero-fee option and it supports 60+ fiat currencies and 100+ local payment methods.

Step 4: Trade Crypto in the Futures Market

Once you have deposited funds into your Bybit platform, you can start trading. To qualify for the bonuses, you need to engage in futures trading.

Go to the “Derivatives” section and select “Perpetual Futures”. Choose the cryptocurrency pair you want to trade like BTC/USDT or ETH/USDT. Set your leverage. Bybit offers up to 100x leverage.

Bybit provides various tools and charts to help you analyze the market and make informed decisions. Enter the amount you want to trade and select your order type, such as a market order or limit order.

Step 5: Claim a 30,000 Sign Up Bonus

After you have traded a sufficient volume, you can claim your bonuses. Go to the Bybit “Rewards Hub” section in your account. Here, you will see a list of available bonuses based on your trading data. 

Click on each bonus to claim it. The $30,000 USDT bonus and the $20 USDT welcome bonus will be available if you meet the trading requirements. Follow the on-screen instructions to claim each bonus.

Bybit Referral Program and Rewards

Bybit offers a comprehensive referral program and affiliate program that rewards you for inviting friends to join and use the platform. 

Here is a detailed overview of the referral program:

• Sign Up and Referral Link: To start, sign up for the referral program on the Bybit website. After registering, you receive a unique referral link that you can share with your friends.
• Invite Friends: Share your referral link with friends. When they sign up using your link and start trading on Bybit, you both can earn rewards.
• General Referral Rewards: When your friends join Bybit using your referral link, you can earn up to 1,025 USDT in rewards. Your friends can also receive rewards. This amount is split across different activities they complete on Bybit.
• Commission: You can earn a 30% commission from the trading fees generated by your referred friends. This commission is ongoing and depends on how much your friends trade.
• Copy Trading Rewards: Bybit offers up to 665 USDT in rewards for referrals who engage in social trading. It allows users to copy the trades of experienced traders, potentially earning rewards from their successes.
• Bybit Card Referral: You can earn up to 20 USDT for every successful Bybit Card application made through your referral. This reward is given per application, providing an extra incentive for promoting the Card.

It also offers a Bybit affiliate program for bloggers, social media influencers, or large community managers. You can earn higher commissions and more rewards as an affiliate.

About Bybit Exchange

Bybit is a marketplace where you can buy and sell digital currencies, like Bitcoin and Ethereum. It started in March 2018 and is known for its easy-to-use interface and advanced features for traders like leveraged trading, margin trading, and crypto copy trading.

It allows you to trade 1200+ popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and EOS. You can even borrow money to trade more (called leverage). The exchange also supports many earning services such as staking and crypto loans.

There are different order types to buy and sell digital assets. You can buy at the current market price (market order), set a specific price to buy or sell at (limit order), or place an order that only triggers if certain conditions are met (conditional order). Bybit’s super-fast matching system can handle a lot of trades at once (100,000 transactions per second) and with very little 1-millisecond delay. This is important for catching quick changes in price.

Bybit is designed to be user-friendly for both beginners and experienced traders. You can trade from your computer or download the app for your phone or tablet (iOS and Android). Bybit also has a “Testnet” which is a simulated trading environment where you can practice without using real money. This is a great way to learn the ropes before putting your own money on the line.

Bybit Fees

• Spot Trading Fees: It depends on whether you’re a VIP user or not. VIP users get lower fees based on their 30-day trading volume. Non-VIP users pay a standard 0.10% fee for both taker and maker orders.
• Futures Trading Fees: The fee structure is identical to spot trading, with VIP tiers getting lower fees. For perpetual and futures contracts, it charges 0.02% maker fees and 0.055% taker fees. 
• Deposit and Withdrawal Fees: Bybit itself doesn’t charge fees for depositing crypto or transferring funds between internal accounts. You might incur fees depending on the payment method you use for fiat deposits and withdrawals. These fees are charged by the service provider, not Bybit. There are also gas fees for crypto withdrawals.

Here is the full Bybit fee structure.

Conclusion

Bybit offers excellent incentives for new users who sign up with a referral code. By using the code “GYNOBXZ”, you can access up to 30,000 USDT in Bybit bonus and a 30% trading fee rebate. The process to claim these deposit bonuses is straightforward: sign up, complete KYC verification, deposit funds, and start trading. 

Bybit’s referral program also offers great rewards for inviting friends. It’s a trusted and user-friendly platform with robust security measures. Whether you’re a beginner or an experienced trader, Bybit provides valuable rewards and a seamless trading experience. For more rewards on other crypto exchanges, read our OKX referral code and Bitget referral code guide.

FAQs

Is Bybit safe and trusted?

Yes, Bybit is a safe and trusted crypto exchange platform. The exchange uses cold storage to keep the majority of users’ funds offline. It also uses Google Authenticator as a 2FA. Bybit also has a multi-signature wallet system. This means that multiple keys are needed to access the funds, adding an extra layer of security. 

Furthermore, Bybit conducts regular security audits. These audits are performed by third-party firms to ensure the platform remains secure. The exchange has transparent PoR data available on-chain.

Bybit is regulated in some jurisdictions such as the Virtual Assets Regulatory Authority (Dubai), The Cyprus Securities and Exchange Commission, and the Astana Financial Services Authority (Kazakhstan). It complies with international anti-money laundering (AML) and know-your-customer (KYC) regulations. This means that Bybit takes steps to prevent illegal activities on its platform, which adds to its trustworthiness.

What is the best Bybit referral code?

The best Bybit referral code is “GYNOBXZ”. When you use this referral code during sign-up, you can receive up to 30,000 USDT in starter rewards. There is also a welcome bonus of 20 USDT when you sign up using the referral code. Additionally, you can get a 30% trading fee rebate. 

How to get Bybit 30k bonus?

To get the 30k referral bonus on Bybit, you need to sign up using our Bybit promo code “GYNOBXZ”. To get the maximum bonus, you need to complete all deposit tasks. The maximum bonus of 30,000 USDT is given if you deposit 250,000 USDT and trade 150 million USDT. This is the highest bonus available on Bybit, making it very rewarding for active traders.

How much does Bybit pay per referral?

You can earn up to 1,710 USDT per user by joining the Bybit referral program. Invite friends to join using your link and earn up to 1,025 USDT after signing up and completing certain tasks. You’ll also get a 30% commission on their trading fees. Earn up to 665 USDT for copy traders and 20 USDT for each successful Bybit Card application through your referral link.