If you are planning to start using Bybit, do not rush to deposit funds or place trades immediately.
The first things to confirm are:
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whether you registered with the correct referral code
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whether identity verification is completed
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whether account security settings are enabled
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whether you understand the difference between spot and contract trading
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whether your fee rebate is properly linked
If you plan to trade BTC, ETH, SOL, or use Bybit contracts regularly, trading fees can become a meaningful long-term cost.
Bybit Referral Code
Bybit Referral Code:
BYOFFICIAL
Bybit Registration Link:
https://partner.bybit.com/b/BYOFFICIAL
Registering with BYOFFICIAL gives access to:
Up to 50% trading fee rebate
This is useful for users who plan to trade spot, contracts, or other supported products on Bybit.
1. What is Bybit?
Bybit is a cryptocurrency trading platform that offers access to multiple digital-asset trading products.
Common uses include:
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BTC trading
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ETH trading
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SOL trading
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USDT trading
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spot trading
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contract trading
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Copy Trading
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Web3 Wallet
If you are completely new to Bybit, it is usually easier to start with spot trading first.
Do not jump directly into high-leverage contracts before understanding how orders, fees, margin, and risk management work.
2. Why use a referral code when registering?
Many beginners create an account first and only think about trading fees later.
But if you frequently:
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buy BTC
-
sell BTC
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trade ETH or SOL
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open long positions
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open short positions
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close positions
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take profit
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stop loss
trading fees may accumulate over time.
That is why it makes sense to register with:
BYOFFICIAL
Registration link:
https://partner.bybit.com/b/BYOFFICIAL
You can access:
Up to 50% trading fee rebate
For frequent traders, the main benefit is lower trading cost over time.
However:
A rebate reduces fees. It does not guarantee profit.
3. How to register on Bybit
Step 1: Open the registration link
Use:
https://partner.bybit.com/b/BYOFFICIAL
Check that the referral code shows:
BYOFFICIAL
Make sure the code is correct before completing registration.
Step 2: Create your account
Follow the registration process using:
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email
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mobile number
Use a strong password and do not reuse the same password across different platforms.
Step 3: Complete identity verification
After registration, follow the verification process shown in your account.
This may include:
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identity document
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facial verification
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basic personal information
Available features may differ by region and account eligibility.
4. Set up account security first
Before depositing significant funds, complete your security settings.
Recommended options include:
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Google Authenticator
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email verification
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mobile verification
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anti-phishing code
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fund password
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withdrawal address whitelist
Do not wait until a large amount of money is already in the account before improving security.
5. How does Bybit spot trading work?
Spot trading is easier to understand.
For example, if you want to buy BTC, you can use:
BTCUSDT
This means trading BTC against USDT.
Common order types include:
Market Order
A market order executes quickly at the current market price.
Advantages:
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simple
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fast execution
Disadvantages:
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slippage may happen during volatile markets
Limit Order
A limit order lets you choose your preferred buying or selling price.
For example, if you do not want to buy BTC immediately, you can wait for a lower price by placing a limit order.
Advantages:
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better control over execution price
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useful for planned entries
Disadvantages:
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the order will not fill if price does not reach your selected level
6. What is Bybit contract trading?
Contract trading is different from spot.
Spot trading means directly buying the asset.
Contract trading means using margin to trade price direction.
You may be able to:
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go long
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go short
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use leverage
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set take profit
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set stop loss
For example:
If you expect BTC to rise, you may study a long position.
If you expect BTC to fall, you may study a short position.
But contract trading also involves:
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leverage
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margin
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liquidation
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funding rate
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trading fees
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position management
This makes contract trading much riskier than ordinary spot trading.
7. What should beginners know before trading contracts?
1. Do not start with high leverage
Higher leverage increases risk.
When price moves against your position, losses can grow quickly.
Beginners should first learn the mechanics with lower leverage.
2. Do not go all in
Do not put all available funds into one trade.
Keeping some funds available gives you more room to manage risk.
3. Always check liquidation price
After opening a contract position, do not only look at profit.
You should also monitor:
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entry price
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stop-loss level
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liquidation price
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position size
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leverage
4. Use stop loss
One of the biggest mistakes in contract trading is having no stop loss.
A small controlled loss can turn into a large loss if you keep holding without a plan.
8. Which assets can beginners start with?
If you are new to Bybit, you may find it easier to study major assets first, such as:
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BTC
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ETH
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SOL
Major assets usually have:
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more market information
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better liquidity
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more active trading
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easier-to-understand market structure
For spot trading, common pairs include:
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BTCUSDT
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ETHUSDT
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SOLUSDT
If you later move into contracts, you can start by understanding the rules of these major pairs first.
9. What does the 50% rebate do?
If you regularly:
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trade spot
-
open contract positions
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close contract positions
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trade short-term moves
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use take profit
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use stop loss
your total trading fees can accumulate.
Using:
BYOFFICIAL
through:
https://partner.bybit.com/b/BYOFFICIAL
can provide access to:
Up to 50% trading fee rebate
The main purpose of the rebate is:
to reduce long-term trading cost.
It does not increase your win rate.
10. FAQ
Q1: What is the Bybit referral code?
The referral code is:
BYOFFICIAL
Registration link:
https://partner.bybit.com/b/BYOFFICIAL
Q2: What benefit does BYOFFICIAL provide?
Registering with BYOFFICIAL gives access to:
Up to 50% trading fee rebate
Q3: Should beginners start with spot or contracts?
If you have no experience, spot trading is usually easier to understand first.
After you learn order types, risk management, and basic account operations, you can study contracts later.
Q4: Can I buy BTC on Bybit?
Yes.
You can use supported BTC markets such as BTCUSDT.
Q5: Can Bybit contracts go long and short?
Contract trading may allow both long and short positions.
But contracts involve leverage and liquidation risk, so beginners should avoid excessive leverage.
Q6: Does a 50% rebate mean guaranteed profit?
No.
The rebate only reduces part of the trading fee.
It does not guarantee profit and does not protect you from market losses.
11. Quick Summary
| Item | Details |
|---|---|
| Platform | Bybit |
| Referral Code | BYOFFICIAL |
| Registration Link | https://partner.bybit.com/b/BYOFFICIAL |
| Fee Benefit | Up to 50% trading fee rebate |
| Common Assets | BTC, ETH, SOL, USDT |
| Common Features | Spot, contracts, Copy Trading, Web3 Wallet |
| Beginner Approach | Learn spot first, then study contracts |
| Contract Risks | Leverage, liquidation, funding rate, slippage |
12. Risk Warning
Whether you use Bybit spot or contracts, remember:
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cryptocurrency prices can be highly volatile
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do not borrow money to trade
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do not invest all your funds at once
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avoid excessive leverage
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plan your stop loss before opening a position
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do not chase price simply because it is rising
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do not add to losing positions emotionally
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check the network and address before withdrawals
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a rebate reduces cost but does not guarantee profit
Trade according to your own capital, experience, and risk tolerance.
Conclusion
If you are planning to start using Bybit, begin by completing registration, identity verification, and account security settings.
Then learn the basic trading process with major assets such as BTC, ETH, and SOL.
If you plan to use spot or contracts regularly, make sure you register with the correct referral code first.
Bybit Referral Code:
BYOFFICIAL
Bybit Registration Link:
https://partner.bybit.com/b/BYOFFICIAL
Fee Benefit:
Up to 50% trading fee rebate
Key points:
🔥 Referral code: BYOFFICIAL
🔥 Up to 50% trading fee rebate
🔥 Trade major assets such as BTC, ETH, and SOL
🔥 Beginners can learn spot first
🔥 Use small size, lower leverage, and stop loss for contracts
🔥 Rebate lowers trading cost but does not guarantee profit
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