Bybit sign-up bonus: real conditions and effective fee

Most pages about the Bybit sign-up bonus blur three different things into one headline. They are a fixed welcome bonus, a fee rebate and a tiered 'ladder' total that only appears on third-party affiliate pages. Only the first two are in Getref's checked data.

The welcome bonus is a one-time reward for a new account. It is always 'up to' an amount and always tied to conditions. The fee rebate is a different mechanism: Bybit returns part of your trading fees on an account opened through a partner link. Bybit calculates and pays both. Getref does not see your trades and does not pay either one.

Every value above comes from Getref's catalog and is shown with its verified date and source, or as 'to be confirmed'. How we check numbers is on the methodology page. When this guide was written, Bybit's official terms for the welcome reward of up to up to 5,000 USDT^{verified Oct 14} could not be read. Treat the table as a starting point and check the new-user page on bybit.com.

We could not confirm whether Bybit runs a welcome reward for accounts that sign up with no code at all. That question can only be answered by Bybit's current new-user page. If it shows an offer without a code, the terms on that page apply, not anything written here.

The fee rebate is different. A rebate exists because the account was opened through a partner link or code, so an account opened with no link has no partner to share fees with. Getref's checked data lists the code GETREF for this offer. Our guide to the Bybit referral code covers the code itself in more detail.

Getref may earn a commission from Bybit if you open an account through its links. This does not change your terms on the exchange. Getref also rewards new accounts opened through its links with its own points (Getref Rewards), which are not money.

We cannot state the deposit or trading-volume requirement, because Bybit's official terms could not be read. Be careful with any page that gives exact thresholds without linking Bybit's own terms. Some quote large deposit and volume figures from a tiered ladder, and none of that is confirmed here.

Before you deposit, find these answers on Bybit's page and write them down:

• the minimum deposit, if any, and which coins count;
• the trading volume required, and whether it covers spot, futures or both;
• the deadline, counted from sign-up;
• whether identity verification (KYC) must be complete first;
• which countries or account types are excluded;
• the form of the reward: withdrawable cash, a voucher, or a trading credit.

Here is the order that avoids the most common mistake, which is registering first and reading the terms later.

These three terms are not interchangeable. A rebate returns part of the fees you already paid. Cashback is usually a reward calculated on something else, such as volume or deposits. A fee discount lowers the rate before the trade. The difference matters because it changes what you see on the trade ticket. Our guide on rebate vs cashback vs welcome bonus explains this in more detail.

Getref's checked data for spot trading at the Regular User^{verified Oct 14} level shows a maker fee of 0.1%^{verified Oct 14} and a taker fee of 0.1%^{verified Oct 14}. Bybit's spot trading tutorial is the Bybit-run learning page for spot fee tiers. Higher VIP tiers pay different rates, so check your own tier.

The effective fee is the fee after the rebate. The rebate is paid afterwards, so the trade ticket shows the full fee, not the effective one.

Futures are different. The checked futures maker fee is to be confirmed and the futures taker fee is to be confirmed. Whether the rebate applies to derivatives is something to confirm in Bybit's terms. For the method, see our guide on how to calculate trading fee savings.

Many exchanges accept a referral code only during registration. Bybit's own rule on adding a code afterwards was not confirmed, so do not assume either way. Check Bybit's help center first, or contact support through your account.

Getref's checked data lists a code recovery window of 14 days. Read it as Getref's data, not as a Bybit promise, and check how it applies to your account in the forgot referral code guide.

If you already have a funded account and no code was entered, wait before trading further until you know your options. Trades made before a code is attached may not earn a rebate.

Getref cannot see your rebate. The partner cabinet on Getref's side shows only that an account was opened through its link. Any check has to happen on your Bybit account.

1. Look at the fee line of a small spot trade in Bybit's trade history. Note the fee charged.
2. Look in your account's fee or rebate history for a matching credit. Menu names change, so use Bybit's help center to find the current page.
3. Compare the credit with your estimate from the calculator. Allow for the rebate cap and the rebate period, which are shown as to be confirmed and to be confirmed in Getref's data.
4. If nothing appears after the payout schedule Bybit states, contact Bybit support with your UID and the trade IDs.

If you want Getref points, submit your UID on the tasks page. Points are separate from the rebate and are never money.

The offer fits spot traders who place frequent orders at a regular tier. The rebate scales with the fees you pay, so it matters more with steady activity than with one trade. It also suits people who are happy to read the bonus conditions and keep to the deadline.

Look elsewhere, or compare first, in these cases:

• You mostly trade futures. The futures fees in Getref's data are not yet confirmed, so the effective fee cannot be shown.
• You already sit at a high VIP tier. Your base fees may be lower, so a rebate share is worth less in absolute terms.
• You want a bonus with no deposit or volume conditions. A welcome bonus is always 'up to' and always conditional.
• Your country is not on Bybit's own supported list. Do not rely on third-party lists.

To see how Bybit stacks up, read our Bybit vs Binance comparison and the Bybit vs KuCoin comparison. Another exchange may have lower base fees or a better rebate for your type of trading.

Compare BINANCE and BYBIT

For more on the exchange itself, see the Bybit page.