Bybit Referral Code
Claim $50 welcome bonus plus 10% off trading fees with code 40DOLLAR
The Latest Crypto News may earn a commission when you sign up with this code, at no extra cost to you. Every code is checked by our team so you receive the bonus available.
About the Bybit referral code 40DOLLAR
Bybit is the world's second largest cryptocurrency exchange by trading volume, sitting just behind Binance. Founded in 2018 and headquartered in Dubai, it is best known for deep liquidity on Bitcoin and Ethereum, fast execution and a broad product range, while its European arm in Vienna runs under a MiCA licence.
The referral code 40DOLLAR is the active promotion and stacks two rewards. First, new users receive a $50 welcome bonus in tradable crypto after a $100 deposit and a little trading activity. Second, the code applies a 10% discount on trading fees for the first 30 days, which is the period when most new accounts generate their highest volume.
Bybit's base spot fee is 0.10% and its perpetual fees start at 0.02% maker and around 0.055% taker. The 10% discount trims those rates during your opening month, and you can stack a further discount by paying fees in Bybit's own tokens.
Bybit referral offer at a glance
| Referral code | 40DOLLAR |
|---|---|
| Welcome bonus | Up to $50 in tradable crypto |
| Fee discount | 10% off trading fees for 30 days |
| Minimum deposit | $100 to unlock the welcome bonus |
| Verification | Identity verification (KYC) required |
| Eligibility | New users only, one bonus per person |
| Regulation | MiCA licensed (Bybit EU, Austrian FMA) |
| Verified | June 2026 |
Advantages
- MiCA-licensed via the Austrian FMA (Bybit EU GmbH), legal across the EU including the Netherlands and Belgium.
- Second largest exchange in the world by volume, with deep liquidity on Bitcoin and Ethereum.
- Separate European order books and liquidity, run independently of Bybit Global.
- 10% trading-fee discount for 30 days with the code, on top of already low fees (max around 0.25%).
- A €20 BTC welcome gift is also available in the Rewards Hub after a €100 deposit, withdrawable to your spot account.
- Earn products with rates up to 15% APY, plus lending and launchpools.
- Bybit EU Card (Mastercard) with 2-10% cashback and 100% rebates on Netflix, Spotify, Amazon Prime, ChatGPT and TradingView.
- Suitable for both beginners and advanced traders.
Disadvantages
- No phone support.
- Around 140 coins, a smaller selection than some larger rivals.
- Derivatives are not yet offered to EU users; a MiFID II licence is still pending.
- Lower liquidity on the European platform than on Bybit Global or a domestic leader like Bitvavo.
How to use the Bybit referral code 40DOLLAR
- Open the Bybit signup page through the referral link; EU residents are routed to Bybit EU automatically.
- Choose email or phone registration and confirm the verification code.
- When prompted for a referral code, expand the field if needed and enter 40DOLLAR.
- Complete identity verification (KYC) with an ID and a selfie, which usually finishes within minutes.
- Deposit at least $100 via SEPA, card or crypto. SEPA Instant is free for EU users.
- Place your first trade: the 10% fee discount applies right away, and the welcome bonus is credited once the deposit and a small trading threshold are confirmed.
Conditions and validity
- New users only. One bonus per individual, household, payment method, IP address and device.
- Identity verification (KYC) must be complete before the bonus settles.
- A minimum deposit of $100 within 30 days of signup is required to unlock the welcome bonus.
- The bonus is credited as tradable crypto, withdrawable after meeting the small trading-volume threshold shown in the terms.
- The 10% fee discount runs for 30 days from the moment the code is applied at signup.
- EU residents are served by Bybit EU under MiCA; derivatives are not currently offered to EU users on that platform.
- Terms can change; always check the current offer on Bybit after signing up.
The Bybit affiliate program
After registering you receive your own Bybit referral code to share with friends and family, so they can claim the same welcome rewards.
Note that Bybit does not offer commission sharing the way some exchanges do, and the $50 reward plus the 10% discount are exclusive promotions that only selected partner codes carry, so not every code grants the same deal.
Bybit EU vs Bybit Global, and the 2025 hack
Bybit EU GmbH runs on its own European order books and liquidity, separate from Bybit Global. EU users trade under the MiCA framework with regulated custody, while Bybit Global operates from Dubai under the UAE VARA rules.
For context: Bybit Global suffered a roughly $1.5 billion hack in February 2025, the largest in crypto history. Bybit covered the losses in full and customers were made whole, and the EU platform was not affected. It is a reminder to weigh exchange security, but the incident did not cost users their funds.
Frequently asked questions
What is the Bybit referral code?
The Bybit referral code is 40DOLLAR. Enter it during signup to unlock a $50 welcome bonus in tradable crypto after a $100 deposit, plus a 10% discount on trading fees for the first 30 days.
Does Bybit have a MiCA licence?
Yes. Bybit EU holds a MiCA licence from Austria’s Financial Market Authority (FMA), which lets it passport regulated crypto services across the European Economic Area. The global Bybit platform operates separately from Dubai under the UAE’s VARA framework.
How do I use the code 40DOLLAR?
Sign up through the referral link, enter 40DOLLAR in the referral field, complete identity verification, deposit at least $100 and place a trade. The 10% fee discount applies immediately and the welcome bonus is credited once the conditions are met.
What fees does Bybit charge?
Bybit charges a base spot fee of about 0.10% for makers and takers. Perpetual contracts start at roughly 0.02% maker and 0.055% taker. The referral code adds a 10% discount for the first 30 days, and paying fees in Bybit’s tokens can reduce them further.
Can I trade derivatives on Bybit in the EU?
Not on Bybit EU. Under its MiCA licence Bybit EU currently offers spot trading only, because derivatives require an additional MiFID II permission the company is still pursuing. Spot traders in the EU get regulated custody, while derivatives users elsewhere use the global platform.
Compare with other bonuses
| Exchange | Offer | Code | |
|---|---|---|---|
| Bitvavo | €10 in free crypto plus €10,000 in commission-free trading | 431F1F | View › |
| Binance | $100 welcome bonus plus 20% off spot fees for life | 35205504 | View › |
| OKX | €20 in free Bitcoin plus 20% off trading fees for life | 20CASHBACK | View › |
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