Bybit EU vs global: which one applies to you
Updated July 2026 · Affiliate Code Research
If you're trying to sign up for Bybit and you're not sure whether to use bybit.com or bybit.eu — or why there are two referral codes — this is the guide. The split isn't a marketing gimmick; it's a regulatory requirement, and picking the wrong platform for your region means your referral code won't apply and, for EEA residents, that you're on a platform you'll soon be moved off anyway.
The short version: residents of the European Economic Area use bybit.eu with code MICA; everyone else uses the global bybit.com with code WEB3. Below is exactly what differs between them and why.
Key takeaways
- Bybit runs two separate platforms: global (bybit.com) and EU (bybit.eu), operated by Bybit EU GmbH.
- bybit.eu holds a MiCA / CASP licence from Austria's Financial Market Authority (authorised 28 May 2025) and passports across the EEA.
- bybit.eu is spot-only for now — no perpetuals or derivatives, which MiCA doesn't cover.
- EEA residents are being moved off bybit.com around the 1 July 2026 MiCA deadline, so bybit.eu becomes the only compliant option for them.
- Use code MICA on bybit.eu (EEA) or WEB3 on bybit.com (rest of world) — the wrong-region code won't apply.
Why Bybit has two platforms at all
In 2024–2025 the European Union brought crypto exchanges under a single rulebook: MiCA, the Markets in Crypto-Assets regulation. To keep serving customers in the European Economic Area (the EU plus Iceland, Liechtenstein and Norway), an exchange now needs an EU authorisation as a Crypto-Asset Service Provider (CASP).
Bybit's answer was to set up a dedicated European entity, Bybit EU GmbH, which was authorised as a CASP by Austria's Financial Market Authority (FMA) on 28 May 2025 and is listed on the ESMA register. That single Austrian licence 'passports' across roughly 29 EEA countries, so one EU platform — bybit.eu — serves the whole bloc. The global platform, bybit.com, continues to serve the rest of the world.
The big difference: products
This is the part most comparisons miss. MiCA regulates spot crypto services — custody, exchange, transfers — but it does not cover derivatives. Perpetuals and futures fall under a different EU regime (MiFID II), which Bybit EU is not yet authorised for.
The practical result: bybit.eu is spot-only right now. If you're an EEA resident who wants Bybit's perpetuals, futures or options, they aren't available on the regulated EU platform yet. The global bybit.com offers the full derivatives suite, but EEA residents are being phased off it (see below). This is a genuine trade-off, and any site that tells EEA users they'll get 100× perps on Bybit today is glossing over it.
Why EEA users are being moved to bybit.eu
MiCA included a grandfathering window that lets previously-operating platforms keep serving EEA customers while they get licensed. That window closes around 1 July 2026. After it, an unlicensed global platform can no longer onboard or serve EEA residents.
So Bybit is phasing EEA users off bybit.com and onto bybit.eu. Bybit has said the restrictions are gradual — trading and deposits are limited first, followed by a withdrawal-only period on the global site — with advance notice rather than a single hard cut-off. If you live in the EEA, signing up on bybit.eu now avoids being caught mid-migration.
Bonuses and rewards differ too
Because the two platforms are separate entities running separate campaigns, the welcome rewards differ. The global platform runs the larger, widely-advertised new-user reward campaigns. The EU platform's campaigns are smaller and spot-focused, and Bybit's own event terms state that EEA users are excluded from many global promotions.
We're deliberately not printing a headline dollar figure here, because Bybit's rewards are task-based, region-specific and change often — and the giant numbers you see plastered across other sites are 'up to' ceilings that require six-figure deposits. Our fees and how-to guides explain what's actually realistic. The honest summary: global campaigns are bigger, EU campaigns are smaller and spot-only, and both require identity verification.
Which code and platform should you use?
Match the platform to where you legally reside, then use its code:
| Global (bybit.com) | EU / EEA (bybit.eu) | |
|---|---|---|
| Referral code | WEB3 | MICA |
| Operator | Bybit global entity | Bybit EU GmbH |
| Regulation | Global | MiCA / CASP (Austria FMA) |
| Who must use it | Outside the EEA | EEA residents |
| Products | Spot + derivatives + options + more | Spot only (no derivatives yet) |
| KYC | Mandatory | Mandatory |
| Welcome rewards | Larger global campaigns | Smaller, spot-focused EU campaigns |
Sources
Sign up on Bybit with the code for your region
WEB3 on bybit.com (global) · MICA on bybit.eu (EU/EEA). Free, applied at sign-up.
For traders outside the EEA — the full global Bybit platform.
For traders in the EEA — Bybit's MiCA-regulated European platform.