Cryptocurrency exchange ByBit is incentivizing new members to sign up and earn $600 in rewards by completing small tasks.
New members will be joining Bybit’s community of two million people.
To unlock the rewards, new members need to:
1. Sign up for a new account
2. Complete simple tasks and hit milestones to claim rewards
3. Find your rewards in “My Rewards” at the Bybit Rewards Hub
ByBit is offering rewards in the form of bonuses and coupons. Each has its own set of terms and conditions.
The difference between the two is:
- Bonuses can be used as trading margin, coupons cannot.
- Bonuses can be used for funding, coupons cannot.
- Bonuses and coupons can be used to pay for trading fees.
- Neither bonuses nor coupons can be used to pay for withdrawal fees or asset exchange fees. They also cannot be withdrawn from the platform or exchanged to another coin type.
More detailed information about the difference between bonuses and rewards can be found here.
Breakdown of the rewards
- $50 coupon*: Make a first-time deposit within 48 hours of joining Bybit
- $20 coupon: Make a total deposit ≥ 1 BTC
- $5 coupon: Follow Bybit on social media
- $5 coupon: Actively trade for 7 accumulative days
- $5 coupon: Use the profit/stop loss feature
- $5 coupon: Trade at least one USDT perpetual contract (exclusing BTCUSDT)
- $20 bonus: Refer a friend**. You are also guaranteed additional rewards each time your friend hits a trading volume milestone AND for every 3 qualified referees, including a chance to win a $500 bonus!
- $5 bonus: Make new trades with total trading volume ≥ $100 within 14 days of joining Bybit
*The claimable coupon will be reduced to $10 if the first-time deposit is made after 48 hours of joining Bybit.
**For both users to each receive a $20 bonus, the new user must register on Bybit with a referral code, make a deposit, and meet the minimum total trading volume of $1,000 for USDT perpetual and inverse contracts.
An infographic on how to claim the $600 in rewards