How to use a Bybit referral code

Bybit runs two platforms. If you reside in the European Economic Area (the EU plus Iceland, Liechtenstein and Norway), you use the MiCA-regulated bybit.eu with code MICA. Everyone else uses the global bybit.com with code WEB3.

This matters because the codes are platform-specific: WEB3 won't apply on bybit.eu and MICA won't apply on bybit.com. Our EU-vs-global guide explains the difference in full, including why EEA users can't use the global site much longer.

Use the button for your region on this site. It opens Bybit's sign-up page with the referral already attached, so you don't have to type the code and can't mistype it. If you'd rather enter it manually, start the sign-up on the correct platform and paste the code (WEB3 or MICA) into the referral/invitation field.

Register with an email address or phone number and set a strong password. At this stage no deposit is required.

Bybit requires identity verification on both platforms — it's mandatory to deposit, trade and withdraw. You'll complete at least Standard (Level 1) verification: a government ID and a facial scan. Higher levels (proof of address) raise your limits.

This is also a reward requirement: Bybit's welcome-reward terms specify that you must have completed identity verification to be eligible, so there's no way around it if you want the bonus.

Once verified, head to Bybit's Rewards Hub, where new-user tasks and any bonus vouchers live. Rewards are unlocked by completing tasks — typically a first deposit plus a set amount of trading volume, within a time window.

Here's an honest anchor for scale: one of Bybit's own recent welcome campaigns offered about 18 USDT for depositing $100 and trading $100 across spot or futures. The widely-advertised 'up to $30,000' is a ceiling that, per affiliate breakdowns, requires depositing around $250,000 and trading roughly $150,000,000 — not something a normal user reaches. Treat the big numbers as marketing ceilings and the small deposit-and-trade rewards as what you'll actually see.

Referral codes bind at account creation, so you can't add WEB3 or MICA to an existing account. If you want the referral and its welcome rewards, you'd need to register a new account (using a different email) on the correct platform — and note that EEA residents migrating from bybit.com to bybit.eu are effectively creating a fresh EU account anyway.