How to Claim New User Bonuses and Rewards on Bybit

Before attempting to claim any promotional capital, you must understand the fundamental financial instruments Bybit issues to its users. The platform strictly differentiates between three types of digital assets in the Rewards Hub: Coupons, Bonuses, and Airdrops. Treating these terms interchangeably is a primary source of confusion for new traders.

Bybit Coupons: The Transaction Fee Shields

Coupons are highly specific utility vouchers designed solely to offset trading fees. When you trade spot assets or open derivative positions, Bybit charges a taker or maker fee based on your account's VIP status. If you hold active coupons:

• The transaction fee is initially charged as normal.
• The system automatically reimburses the equivalent amount in your account's margin assets (usually USDT or USDC) using the coupon balance.
• Coupons cannot be withdrawn under any circumstances, nor can they be used as direct margin to open new positions. They function purely as a financial shield against trading friction.

Bybit Bonuses: Non-withdrawable Trading Collateral

Bonuses represent real trading margin credited directly to your Derivatives or Unified Trading Account (UTA). While the bonus principal itself cannot be withdrawn, it has highly versatile utility:

• It can be used as active maintenance margin to prevent position liquidations.
• It can absorb realized losses incurred during trading sessions before your own deposited capital is touched.
• All profits generated from trading with the bonus collateral are 100% yours to keep and can be freely withdrawn to external wallets once realized.

Token Airdrops: Fully Realized Crypto Assets

Airdrops represent standard, unrestricted cryptocurrency tokens deposited directly into your Funding Account. Once an airdrop has cleared:

• The tokens belong entirely to your balance sheet.
• They can be held for long-term appreciation, traded for other crypto assets, or withdrawn immediately to external custody.

Securing a high-value welcome bonus starts during the account creation phase. Bybit's security and promotional filters analyze every new registration to prevent system exploitation, multi-accounting, and sybil attacks.

Implementing Structural Safeguards

1. Network Integrity: Always register your account from a clean, stable home network connection. Avoid creating accounts over public Wi-Fi hotspots, dynamic cellular networks, or virtual private networks (VPNs). Bybit's automated risk engine flags accounts sharing IP addresses during the registration and initial deposit phases, classifying them as multi-accounts, which permanently disqualifies them from rewards.
2. Referral Integrity: Ensure that you register utilizing an official partner link or referral code. Many high-tier deposit campaigns (such as the coveted $30,000 deposit match events) are exclusive to verified affiliate channels and are not accessible via standard organic registration.
3. Account Isolation: Do not use the same device, hardware signature, or browser cookies to register multiple accounts for family members or associates. Bybit's device-fingerprinting systems can detect overlapping browser environments, leading to immediate suspension from the Rewards Hub.

Identity verification (Know Your Customer) is no longer just a compliance measure; it is a structural prerequisite for unlocking Bybit’s financial vaults. The exchange categorizes verification levels into distinct tiers, each tied directly to specific reward payout capacities.

KYC Level 1: The Standard Gateway

To claim any reward exceeding a nominal value of $10, you must complete KYC Level 1. This process requires:

• An official government-issued identity document (passport, national ID, or driver's license).
• A real-time biometric facial scan.
• Processing typically completes via automated AI systems within 5 to 15 minutes. Once verified, your account is cleared to participate in standard deposit match promotions.

KYC Level 2: Unlocking High-Value Tiers

For institutional-grade promotions or regional exclusive events, Bybit frequently mandates KYC Level 2. This tier verifies your geographic residency and requires:

• An official proof of address document (utility bill, bank statement, or government tax letter) issued within the last 90 days.
• Complete alignment between the name on your identity document and your residency document.
• Achieving KYC Level 2 is highly recommended prior to making your first deposit, as it guarantees that no compliance holds are placed on your account when withdrawing the profits generated from your welcome bonuses.

The cornerstone of the Bybit Rewards Hub is the first deposit match event. Bybit rewards users who deposit capital onto the platform, scaling the reward tier based on the total net deposit value and the corresponding trading volume generated within the promotional window.

To prevent disqualification, you must adhere strictly to the net deposit formula and the preservation timeline.

Net Deposit Formula

# Bybit Net Deposit Formula
Net Deposit = SUM(Eligible On-Chain & Fiat Deposits) - SUM(Total Withdrawals & P2P Sales)

Where:

• Eligible Deposits include external on-chain crypto deposits, credit card purchases, and peer-to-peer (P2P) transactions. Internal transfers between different Bybit accounts or sub-accounts are strictly excluded.
• Total Withdrawals include all on-chain transfers out of the exchange, as well as P2P sales completed during the tracking period.

To secure your target reward tier, your Net Deposit must remain equal to or greater than the tier threshold throughout the entire promotional window.

The Preservation Holding Period

A common mistake among new users is depositing capital, receiving confirmation of reward eligibility, and immediately withdrawing the funds. Doing this resets your Net Deposit to 0 and invalidates your reward.

• The Rule of 30 Days: Most deposit promotions require you to maintain your net deposit balance on the platform for a minimum of 30 days.
• Asset Valuation Fluctuations: Deposit your capital in stablecoins (such as USDT or USDC) to avoid market volatility risk. If you deposit volatile assets like Bitcoin (BTC) or Ethereum (ETH), and their market value drops below the required tier threshold during the holding period, your eligible deposit valuation will fall, potentially disqualifying you from the higher reward tiers.

High-tier deposit bonuses are rarely free lunches; they are designed to reward active traders. Consequently, Bybit pairs deposit thresholds with specific trading volume targets that must be met within the first 30 days of account creation.

The Trading Volume Formula

Bybit calculates your eligible trading volume across Spot, Derivatives, and Options markets. For derivative instruments, volume is calculated based on the total nominal position size, which includes leverage:

# Bybit Derivatives Trading Volume Formula
Trading Volume = Position Size (Nominal) x Execution Price x Leverage Multiplier

For example, if you open and close a 1 BTC derivatives contract at a market price of $60,000 using 10x leverage, your calculated trading volume is computed as follows:

# Example: 1 BTC Position at $60,000 using 10x Leverage

# 1. Opening Position Volume:
Opening Volume = 1 BTC * $60,000 = $60,000

# 2. Closing Position Volume:
Closing Volume = 1 BTC * $60,000 = $60,000

# Total Accumulated Trading Volume:
Total Generated Volume = $60,000 + $60,000 = $120,000 USD

Note: While leverage inflates your volume, it also increases liquidation risk. Manage your leverage responsibly to avoid losing your principal deposit while trying to hit promotional targets.

Eligible vs. Ineligible Trading Pairs

Not all trading activity contributes equally to your volume metrics:

• Excluded Trading Pairs: To prevent zero-risk wash trading, Bybit excludes specific stablecoin-to-stablecoin pairs (such as USDC/USDT, BUSD/USDT, and DAI/USDT) from spot trading volume calculations.
• Zero-Fee Promotions: Any trading pairs currently undergoing a "Zero-Fee" promotional event on the exchange are generally excluded from contributing to your accumulated trading volume. Always verify the active exclusions listed in the terms and conditions of your specific Rewards Hub campaign.

Once you have successfully registered your account, completed KYC, made your deposit, and hit your volume targets, you must manually claim your rewards. Bybit does not credit these assets automatically; they require explicit manual redemption.

Step 1: Navigating to the Rewards Hub

1. 1Log in to your verified Bybit account via the web portal or mobile application.
2. 2Select the Profile Icon in the top navigation bar and select Rewards Hub from the dropdown menu.
3. 3Review your dashboard to see your active tasks, progress bars, and ready-to-claim vouchers.

Step 2: Redacting and Claiming Vouchers

1. 1Locate the completed promotional card under the "My Tasks" or "Rewards" tab.
2. 2Click the Claim button. The card's status will instantly change to "Claimed."
3. 3Your reward is now transferred to either your Funding Account (for airdrops) or your My Coupons section (for derivative bonuses and fee vouchers).

Step 3: Activating and Allocating the Assets

1. 1Navigate to the My Coupons dashboard inside the Rewards Hub.
2. 2For bonuses, click Use to specify which account (Unified Trading Account or Derivatives Account) you wish to allocate the trading margin to.
3. 3For coupons, ensure they are activated. Once active, the system will automatically apply them to offset future trading fees.

To protect your promotional capital, you must understand the rules of the Rewards Hub. Failing to follow these parameters can cause your claimed bonuses to vanish.

Expiration Timelines

• Claim Deadline: Once a reward is unlocked by completing a task, you typically have 7 to 14 days to click the "Claim" button in the Rewards Hub. If you miss this deadline, the voucher is permanently forfeited.
• Usage Deadline: Once claimed and credited to your account, bonuses and coupons generally carry a 30-day expiration window. If you do not open trades or generate fees to utilize these assets within this period, they are automatically reclaimed by Bybit's automated treasury system.

The No-Withdrawal Transfer Rule

The most critical rule regarding Bybit bonuses is the transfer penalty.

If you initiate any withdrawal or transfer of asset capital from your Unified Trading Account (UTA) to your Funding Account, the entire active bonus balance is instantly forfeited.

To safely preserve your bonus:

• Complete all trading sessions utilizing the bonus collateral first.
• Consolidate your trading profits within the UTA.
• Only transfer realized profits out of the trading account once you are fully prepared to forfeit any remaining bonus balance.