Crypto exchange

Bybit Review: Where Active Traders Park Their Volume

Bybit is one of the deepest perp/futures order books outside Binance, with consistently low fees and one of the best new-user bonuses in crypto. Here's whether it's right for you.

My earnings summary

I tracked 30 days of futures trading on Bybit: spot fees as low as 0.06% maker, perp funding rates often the lowest of major exchanges, and the new-user bonus paid out within 24 hours of qualifying.

[Bybit affiliate dashboard daily payouts]

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What is Bybit?

Bybit is a top-3 derivatives exchange (perps + options) that also handles spot. Their affiliate program is known for paying out *daily in USDT* and stacking 10% sub-affiliate overrides on top of base commissions.

How it works

  1. 1Sign up via affiliate link
  2. 2Complete KYC (required for affiliate payouts)
  3. 3Trade spot or perps (perps is where the volume + fees are)
  4. 4If recruiting: invite other promoters as sub-affiliates for 10% override on their referrals

Pros

  • Daily USDT payouts
    No waiting until end of month. Daily settlement compounds nicely if you're reinvesting.
  • Sub-affiliate override
    10% of sub-affiliate's commissions paid to you. Stacks indefinitely.
  • Deep perp liquidity
    If your audience trades perps or futures, Bybit's order books are some of the deepest outside Binance.

Cons

  • Not US-accessible
    Like MEXC, US users blocked per ToS. Audience must be international.
  • Affiliate barrier of entry higher
    You need to apply + show traffic source. Not auto-approved like Crypto.com.
  • Less brand recognition for new traders
    Audience may not have heard of Bybit, requiring more education in the funnel.

Best for

Affiliates with audiences that trade perps or futures, especially those who want to recruit sub-affiliates.

Skip if you're

Beginner-trader audiences (Crypto.com is friendlier) or anyone whose audience is US-based.

FAQ

How much do affiliates earn?+

Base 30-50% revenue share on referred users' trading fees, plus 10% sub-affiliate override. Top-tier affiliates do 5-6 figures monthly.

How fast are payouts?+

Daily in USDT, automatically credited to your spot wallet. No minimum withdrawal.

Can I run paid traffic to Bybit?+

Yes but check the campaign rules. Brand bidding (paid Google ads on 'Bybit') is forbidden per the affiliate ToS.

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Want me to tell you when prizes spike?

When a new contest launches on this or another tracked platform — or when prizes get juicy late in a cycle — I'll send you one email. Nothing else.

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Disclosure: This page contains affiliate links to Bybit. If you sign up through them, I may earn a commission. This does not change the price you pay, and I only recommend platforms I actually use. Crypto and passive income platforms involve risk — do your own research before depositing funds.