In November 2026, Bybit is one of the most searched crypto exchanges. This guide walks you through everything: sign-up, KYC, security, deposit, first trade, and how the 50% rebate actually works.

Why You MUST Use an Invite Code

Bybit does not charge anything extra for using an invite code. The referral system is permanent: every fee you pay generates a rebate back to you. Skip the code, and you pay full fees forever with no way to add it later.

1. Before You Start

Three iron rules:

1. Use the official link only — check the domain character by character.
2. Register with an email you actually check.
3. Never share your 2FA codes with anyone, including "support".

2. Registration (6 Steps)

1. 1Open https://partner.bybit.com/b/BYOFFICIAL
2. 2Click Sign Up, choose email or phone.
3. 3Enter the invite code BYOFFICIAL — confirm it shows before submitting.
4. 4Set a strong password (12+ characters, mixed).
5. 5Verify the email/phone code.
6. 6Log in and go straight to KYC.

3. KYC Verification

Tips: shoot documents flat under even lighting, do the facial scan in good light, and never submit edited images. Most verifications clear in minutes to a few hours.

4. Security Setup (Do This Before Depositing)

1. Fund password — required before withdrawals.
2. 2FA (Google Authenticator) — save the backup key offline.
3. Anti-phishing code — a phrase embedded in all real Bybit emails.
4. Withdrawal whitelist — withdrawals only to saved addresses, with a 24h lock on new ones.

5. Deposit — 3 Ways

A) P2P (buy USDT with local currency)

Three survival rules: only trade with 95%+ completion-rate merchants; never mention "Bybit" or crypto in bank transfer notes; release crypto only after money is actually in your account.

B) On-chain transfer (from another exchange or wallet)

C) Card purchase (One-Click Buy)

Fastest, but spreads and fees are the highest. Fine for a first top-up.

6. First Trade

Bybit uses a Unified Trading Account (UTA) — spot, derivatives, and margin share one wallet. Benefits:

• One balance, no internal transfers
• Auto margin calculation
• Simpler funding tracking

Beginner spot rules: stick to BTC/ETH/SOL majors; keep any single position ≤5% of your portfolio; always set a stop-loss. Demo trading? Bybits Testnet lets you practice with fake funds first.

Trading bots: Bybit offers Grid, DCA, and Martingale bots. Grid/DCA are reasonable for ranging markets. Martingale compounds losses — treat it as gambling, not a strategy.

7. The 50% Rebate — How It Actually Works

7.1 The Math

Your fee = base fee × (1 − 50%).

7.2 When It Arrives

Rebates are typically credited daily or per settled cycle to your derivatives/spot account. Check under Rewards Hub / Referral.

7.3 Stacking

The 50% rebate stacks with VIP fee tiers and promotional zero-fee events where applicable — effective fees can go lower than the table above.

7.4 Verify Within 24 Hours

After your first trade, open Profile → Referral/Rewards and confirm BYOFFICIAL is bound. If not, contact support immediately — binding is only possible right after signup.

8. New User Perks

• Testnet demo funds
• Deposit/trading task rewards in the Rewards Hub
• Launchpad token sales (stake and earn new tokens)
• Dual-asset wealth management products

9. Five Mistakes to Avoid

1. Forgetting the invite code — nothing you can do afterward.
2. Writing "USDT/Bybit" in P2P bank notes — frozen accounts.
3. Picking the wrong withdrawal network — lost funds.
4. Skipping 2FA — SIM-swap victims all skipped this.
5. High leverage — 5x cap for beginners. Stay alive.

🎯 Summary

Disclaimer: This article is for information only, not financial advice. Crypto is highly volatile; never invest more than you can afford to lose. Rates and promotions are subject to the platforms latest terms.