Bybit Rewards Hub: Your Path to Effortless Earning and Trading Benefits

Earning rewards with Bybit has never been easier. Now, with Bybit Rewards Hub, you can unlock up to seven types of reward vouchers designed to enhance your trading experiences. All you have to do is complete simple tasks and join engaging campaigns to earn enticing coupons, bonuses, discounts and much more.

Key Takeaways:

• Bybit Rewards Hub offers a hassle-free way to earn various reward vouchers that enhance your trading experience when you complete simple tasks and campaigns. 

• Bybit Rewards Hub provides six types of rewards: Bonus, Coupon, Fee Discount, Airdrop, APR Booster and Loss Cover. Each reward serves a different purpose and comes with its own terms and conditions.

What Is Bybit Rewards Hub?

Bybit Rewards Hub is a rewards center where Bybit users can earn and claim rewards on their Main accounts by completing tasks and participating in events within a certain time frame. There are six different kinds of rewards to earn, each one tailored for a different purpose: Bonus, Coupon, Fee Discount, Airdrop, APR Booster and Loss Cover. The time frames for task completion and claiming rewards will vary across rewards, so you’ll need to check the individual task and reward details to ensure you don’t miss the opportunity to earn and claim your rewards.

If you’re wondering about the required tasks, here are some examples of how straightforward they are. First, to receive 20 USDT as a welcome gift, simply sign up with Bybit. After that, when you refer a friend to Bybit, each of you will get to earn 25 USDT — plus a mystery box worth up to 1,000 USDT!  

Rewards Hub main page

The Six Types of Bybit Reward Vouchers

1. Bonus 

There are three types of Bonus: Derivatives Bonus, Copy Trading Bonus and Fiat Bonus. Each Bonus has an expiration date. If left unused past that date, the Bonus will be considered forfeited. The Bonus cannot be withdrawn, converted or transferred, but the profits can be. 

The Derivatives and Copy Trading Bonuses can be used in multiple ways: as a margin, to offset trading fees or funding cost, and to cover trading losses. By using these Bonuses, you can enhance your trading capacity and mitigate potential losses, providing greater flexibility and risk management capabilities. 

Derivatives Bonus

The Derivatives Bonus can be used either as a derivatives trading margin, or as a trading fee deduction to cover losses and fees incurred when trading Perpetual and Futures contracts (does not apply toSpot trading or perpetual trades made via Trading Bot or Copy Trading). 

Copy Trading Bonus

The Copy Trading Bonus can be used either as a copy trading margin or as a trading fee deduction. Its fee deduction is used to offset copy trading Perpetual contracts (but not Spot or Futures contracts). It cannot be used for trading bots within Copy Trading. You can only claim and receive the Bonus in your Main Account, but the Bonus can be used in your Subaccount.

While you cannot transfer your funds on your own, should you wish to increase your investment for a particular Master Trader, the system will automatically transfer a specific amount of Copy Trading Bonus to your Copy Trading Account. Note that if you use the bonus as a follower to copy a Master Trader’s page, and you choose to unfollow them later, you will lose the bonus. 

Fiat Bonus

The Fiat Bonus can be used to offset the actual amount of the transaction order in place of using your own funds. It’s currently only applicable to transactions made via the Bybit Card. 

2. Coupons

There are three types of Coupons: the Trading Fee Coupon, the Buy Crypto Coupon and the P2P Coupon. These Coupons help lower transaction costs by covering fees for various transactions. Just like the Bonuses, Coupons cannot be withdrawn, transferred or converted.

Trading Fee Coupon

The Trading Fee Coupon is used as a trading fee deduction to cover fees associated with trading Spot pairs, or Perpetual or Futures contracts. Once you claim the coupon, it will automatically be used for one or more transactions. 

There are two types of Trading Fee Coupons:

1. Coupon for deducting an amount of fees

2. Coupon for deducting a percentage of fees

Buy Crypto Coupon

The Buy Crypto Coupon can be used to offset transaction fees incurred during One-Click Buy using credit card payment or via Fiat deposit as specified on the voucher details. When using the Buy Crypto Coupon, the system prioritizes deducting fees from the Coupon. However, if the Coupon amount is insufficient to cover the entire fee, the remaining fee will be subtracted from your own funds. Note that you can only use a single Buy Crypto Coupon per transaction, but each Coupon can be used multiple times until the total amount in it is completely exhausted.

P2P Coupon

P2P takers who buy USDT and USDC during their P2P transactions can enjoy transaction fee deduction using the P2P Coupon.You can use the coupon for all fiat currencies supported by Bybit P2P. Note: There may be a slight price difference during the conversion, due to the approximately one-second time gap during the P2P trade.

3. Fee Discount 

The Fee Discount voucher lets you enjoy a discount for trading fees and/or fiat transactions on your Main or Subaccounts. If you have multiple fee discount vouchers, the system will automatically calculate and apply the most favorable fee rate for you. This voucher can only be used for non-VIP rates. Your VIP rate will apply if you are entitled to a better fee rate according to your VIP level. 

Please be aware that the vouchers will have different usage sequences, depending upon your type of account. For Unified Trading Accounts and Unified Margin Accounts, the system will first process the Fee Discount, followed by the Bonus, and then the Coupon. For non-unified trading accounts/non-unified margin accounts, the Fee Discount is first applied, after which the Coupon and then the Bonus is used. If there’s any remaining amount required for payment after using these vouchers, then your principal funds will be used. 

4. Airdrop

After you claim an airdrop, it will be allocated into your Funding Account. You can use the airdropped assets for trading or accessing various services offered on Bybit. Additionally, you can withdraw the airdropped assets if you prefer to transfer them to an external wallet or use them outside the Bybit platform, or even convert the airdropped items if you desire. Unlike all other rewards, there is no expiration date for airdrops.

5. APR Booster

The APR Booster allows you to earn extra yield for Bybit Savings (only for Flexible Savings plans) under Bybit Earn within a specific period. An APR Booster has a Yield Boost Cap and a Yield Boost Period. 

The Yield Boost Cap indicates the maximum yield amount you can earn. Meanwhile, the Yield Boost Period offers the maximum effective duration during which you can earn enhanced yields, starting from the hour the voucher is applied. The APR Booster will no longer be effective when the cap is reached or the voucher’s duration has expired, whichever comes first.

You can choose to increase your investment or make another investment to further boost your interest after using the voucher, as long as the voucher has not expired or reached the cap. 

6. Loss Cover

You can use Loss Cover vouchers to offset your trading losses, with the flexibility to use multiple Loss Cover vouchers simultaneously to offset your losses. The system will prioritize the voucher with the earliest expiration date and process it accordingly, allowing you to efficiently mitigate your trading losses and optimize your risk management strategy. 

However, this feature is currently limited to use within our automated trading bot products, including Spot Grid Bot, Futures Grid Bot and Dollar-Cost Averaging Grid Bot. In addition, it can only be used when you settle in USDT/USDC during the creation and closure of a trading bot. 

How Do the Rewards Work?

First, complete Identity Verification Lv. 1 or Business KYC to receive rewards (after creating an account with Bybit, make sure to proceed with KYC first). After that, the process is incredibly easy. Just take a few moments to complete simple tasks and join campaigns, and you'll be rewarded with a variety of vouchers. 

As mentioned earlier, every task has a designated time frame, which you can check in the Task Details section. Each reward also has its own expiration date (except airdrops), which can be checked on the Rewards Details page. You will be able to claim the rewards three days after completing your task. It’s imperative to claim and use the rewards while they’re still valid, as they’ll be unusable after the expiration date (except airdrops). Therefore, we recommend that you collect and use the rewards as soon as possible.

Task Details

Reward Details

Don't miss out on this incredible opportunity. Join Bybit now and start earning right away!

Conclusion

Experience ultimate rewards with the Bybit Rewards Hub, where every trader is rewarded for completing simple tasks and campaigns. With six different types to earn, your journey is bound to be highly rewarding. That's not all: By simply signing up with Bybit, you’ll immediately receive 20 USDT on the Rewards Hub. 

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