Key Takeaways
- The best Bybit referral code is “MEMEBURN,” which can give new users up to $30,100 in rewards and 30% off trading fees.
- To qualify for the full bonus, you may need to complete KYC, make a deposit, and meet specific trading requirements.
- Bybit rewards and fee discounts can vary by region, promotion period, and account eligibility, so check the latest offer before signing up.
“MEMEBURN” is the best Bybit referral code. When you create a new account using our code, it’ll unlock welcome rewards of up to $30,100.
However, claiming the full bonus involves a deposit and a trading volume ladder. Each rung needs a qualifying deposit plus a set derivatives trading volume within a specified timeframe. Since the entry rung is small, it’s achievable by most new users. But one key point worth noting here is that you must enter the code at registration. Once your account is created, you can’t add the code later.
Bybit Referral Code at a Glance
| Exchange | Bybit |
| Referral code | MEMEBURN |
| Welcome bonus | $100 |
| Maximum bonus | $30,100 |
| Trading fee discount | 30% |
| Claim window | 14 days |
| Does it apply to existing accounts? | No |
| Restricted Regions | US users |
| Last verified | September 2026 |
What Is a Bybit Referral Code?
A Bybit referral code is a short combination of letters, numbers, or both. It’s also known as a promo code, invite code, or invitation code. You must enter it in the optional “Referral Code” field when signing up on Bybit. Doing so automatically links your Bybit account to your referrer and activates the new user reward package.
In return, your referrer earns a commission on your net trading fees under Bybit’s referral program. This makes the arrangement mutually beneficial. While new users unlock welcome bonuses, inviters earn ongoing referral bonuses from their invitees’ trading activity on the platform.
How to Use the Bybit Referral Code?
Step 1: Open the sign-up page
Visit the official Bybit website or download its mobile app. Double-check the domain address to avoid fraudulent lookalikes. Click “Sign Up” on the homepage and register using your email, mobile number, Google ID, Apple ID, or Telegram ID. Enter our invite code “MEMEBURN” in the optional referral code field and accept Bybit’s terms of service. Click “Create Account” and solve a simple puzzle to activate your account. Alternatively, use our referral link to open the sign-up page directly and view eligible rewards.
Step 2: Complete know-your-customer (KYC) verification
Click your profile icon and select “Complete Identity Verification Now”. To complete standard (level 1) KYC verification, upload a government-issued identity proof such as your passport or driver’s license. Level 1 verification is necessary to claim any reward. For advanced verification, submit an address proof as well. If you’re a high-volume trader, complete Pro verification by furnishing an income proof.
Step 3: Open the Rewards Hub Page
After verification, navigate to Bybit’s Rewards Hub and review your deposit and trading tasks. Fund your account to complete the tasks. Once done, claim each reward manually, as unclaimed rewards expire and aren’t credited to your account automatically. Also, the 14-day window starts once tasks appear in your Rewards Hub, not at registration.
How to Check if the Code Was Applied?
After signing up, check the Rewards Hub page for a new user task list. If no tasks appear, the code wasn’t applied. Neither you nor Bybit can add a code retroactively once the account is created. This means you’re no longer eligible for referral benefits. If new user rewards matter to you, verify this page before depositing funds. As exchange accounts are more vulnerable to hacks, we don’t recommend keeping funds idle in your account when you aren’t trading.
Bybit Sign-Up Bonus: Full Reward Breakdown
When you join Bybit using the referral code “MEMEBURN,” you can unlock welcome rewards of up to $30,100. This includes a $100 sign-up bonus and a deposit and trading bonus of up to $30,000.
Tier 1: Welcome Bonus (No Deposit Needed)
All new users who’ve successfully signed up and completed identity verification will earn this $100 welcome bonus. You don’t need to make any deposit to unlock this bonus. It’ll automatically appear in your Rewards Hub as a new-user exclusive bonus for 7 days from your registration date.
However, you’ll get it as a derivative bonus. You can’t withdraw it, but you can use it as margin for your derivative trades in the future. In other words, you can use the bonus amount to offset your trading fees, funding fees, or losses.
Tier 2: Deposit and Trading Bonus Ladder
| Reward | Minimum deposit | Minimum derivative trading volume |
| $50 | $500 | $100,000 |
| $100 | $3,000 | $250,000 |
| $350 | $10,000 | $900,000 |
| $800 | $50,000 | $1.5 million |
To unlock tier 2 rewards, you must deposit the minimum amount and fulfil the derivative trading volume requirements. For example, you must deposit at least $500 and trade derivatives worth $100,000 to earn $50. In fact, Bybit reports that over 80% of new users earn $100. Depositing 3,000 USDT and trading derivatives worth $250,000 is usually achievable for active contract traders. In our experience, Bybit usually considers only perpetual and futures contracts for bonus rewards.
However, both maker and taker orders are accepted for tier 2 rewards. A maker or limit order executes only when the market reaches your specified price or another trader places a matching order. In contrast, a taker or market order executes immediately at the best available price.
Tier 3: What the Top Tier Actually Requires
| Reward + Extra benefits | Minimum deposit | Minimum derivative trading volume |
| $5,000 + VIP 1 | $100,000 | $20 million |
| $8,800 + VIP 3 | $125,000 | $50 million |
| $15,000 + VIP 3 | $150,000 | $75 million |
| $30,000 + VIP 4 | $250,000 | $150 million |
For tier 3 rewards, only taker orders would be considered toward trading volume. When you meet the qualifying criteria, you’ll also unlock VIP status upgrades. By upgrading to the VIP program, you can enjoy exclusive benefits apart from the trade and deposit bonuses. These include fee discounts of up to 55%, advanced trading tools, Bybit card, and higher daily withdrawal limits.
Bybit vs Other Exchange Referral Codes
| Particulars | Cryptocurrency Exchange | |||
| Bybit | Binance | MEXC | Coinbase | |
| Referral code | MEMEBURN | BINANCEMB | mexc-MEMEBURN | Link affiliate |
| Welcome bonus | $30,100 | $100 | $10,000 | $10 – $2,000 in crypto |
| Reward model | Volume-gated and derivatives-locked | Fee rebate | Volume-gated and derivatives-locked | One-time crypto bonus |
| Fee discount from the referral code | 30% | 20% | 10% | 25% |
| What must you do? | Create a new account using the code, verify KYC, and complete the required tasks. | Register using the code and start trading. | Sign up using the code, verify KYC, and complete the necessary deposit and trading tasks. | Create an account using the code and buy cryptocurrency worth $50. |
Among these crypto exchanges, Bybit offers the largest upfront bonus, worth up to $30,100. But claiming it requires a minimum deposit plus a set derivatives trading volume. This excludes spot-only traders. So they can earn a maximum bonus of $100 only. By contrast, fee-rebate reward models pay smaller amounts but keep paying over time.
In essence, the volume-gated, derivatives-locked model suits traders who frequently trade perpetuals, expiry futures, or options contracts. The fee rebate model works well for both spot and contract traders. Meanwhile, a one-time bonus model benefits all users who meet the eligibility criteria.
Why Isn’t Your Bybit Referral Code Working?
- Existing user: Referral codes only work for brand-new sign-ups, not accounts already in use. If you create multiple accounts, Bybit may permanently ban you.
- Restricted region: The code won’t work if Bybit isn’t available in your region.
- Code not entered at sign-up: You must enter the code only during registration, not afterward.
- Incomplete KYC: Without completing level 1 identity verification, you can’t claim referral rewards.
- Unfinished Tasks: Rewards require a qualifying deposit and trading volume. Zero-fee trades or ineligible contracts don’t count toward this volume. Also, hold the deposit for the specified period. Any withdrawal that reduces your net deposit below the minimum tier disqualifies you.
- Missed Timeline: You need to complete all tasks within 14 days of signing up. Missing this window forfeits your rewards entirely.
- Unclaimed or Expired Rewards: You must manually claim the rewards before their expiration date. Once rewards expire, claiming them won’t give you any benefit.
Is a Bybit Referral Code Worth Using?
Entering a referral code costs nothing, as the welcome tier itself is free. If you’re planning to open a Bybit account anyway, it makes more sense to register with a code. But keep in mind that you can’t add the code later. You must enter it at sign-up only.
However, the welcome package ladder is designed for derivative traders. If you only trade spots, don’t expect much beyond the $100 welcome bonus. So, it’s worth using a Bybit referral code, but manage your expectations based on how you actually trade. Join Bybit today using our referral code “MEMEBURN” or affiliate link.
Frequently Asked Questions (FAQs)
How to get a $50 bonus on Bybit?
To get a $50 bonus on Bybit, first sign up using a referral code. Then complete identity verification. After that, go to the Rewards Hub and complete the required deposit and trading tasks.
How to claim 20 USDT on Bybit?
To claim 20 USDT on Bybit, create a new account and complete KYC verification. Then complete the newcomer tasks, such as a minimum qualifying deposit of 100 USDT. Finally, go to your Rewards Hub page to claim and redeem the 20 USDT bonus.
Where can I find my referral code on Bybit?
You can find your personal referral code and link on your Referral Program page. Before navigating to this page, you must log in to your Bybit account.
How long does the bonus take to arrive?
Bonus arrival time depends on the bonus type and campaign rules. It can take anywhere from a few hours to several business days.
