Bybit affiliate program: key features and benefits
How to join ByBit affiliate program:
Apply to Become a Bybit Partner
Wait for a Review: not everyone who applies is accepted
Promote the Link: Next, you will need to promote your link in order to get people to sign up for the platform.
In case you are yet unfamiliar, Bybit is a popular crypto trading platform that allows investors to trade various crypto instruments. Available since 2018, Bybit can be used by investors of all skill levels, allowing them to make professional trades and make money while doing it. Moreover, that is not the only way users can make money on the platform. Rather, they also have a highly lucrative affiliate program that allows users to make money simply by referring others to the platform. Nevertheless, in order to gain access to the affiliate program, you must first become a partner. Here is a closer look at how to do just that.
ByBit Partners can earn up to 30% commission for each successful referral. Bybit uses a reliable tracking system and provides a wide range of marketing materials.
How to become a Bybit partner?
If you are interested in becoming a Bybit partner, here is a list of the steps you need to take to do so:
Apply to Become a Bybit Partner: The first step of the process requires you to apply to be allowed to share the profits with Bybit on your client's trades.
Wait for a Review: not everyone who applies is accepted to the affiliate program. Once you apply, you will have to wait for Bybit to review your application. Once it has been approved, you will receive a unique referral link to share with your audience.
Promote the Link: Next, you will need to promote your link in order to get people to sign up for the platform and begin trading. To do so, you can simply promote your custom link in articles, social media, and other places in order to earn lifetime commissions on every new active client.
How much can you earn with an affiliate program
Those who join the Bybit affiliate program can earn up to a 30% trade commission fee as well as a 10% sub-affiliate commission reward. Although the amount that can be earned varies based on one”s level of skill and the effectiveness of their promotions, Bybit has one of the most competitive affiliate programs on the market. Therefore, those who are seasoned and dedicated can earn thousands of dollars consistently.
Best Crypto Affiliate ProgramsFeatures and Benefits of the Bybit Affiliate Program
If you are wondering about the features and benefits of the Bybit affiliate program, they are as follows:
Features: The Bybit affiliate program has much more than just a high commission; there are also many other amazing benefits that make a promoter's job a lot more worthwhile.
Real-time settlements: For instance, users can access their affiliate earnings in real-time – best of all, they’re paid out on the same day. There are plenty of affiliate programs that take a month to pay out. These can be highly inconvenient. Luckily, the Bybit affiliate program offers a speedy way to earn some BTC.
Instant withdrawals: On another note, waiting too long to receive your affiliate money can almost make the program not even worth the time. Luckily, by using Bybit’s affiliate program, users can withdraw all their earnings to their trading account within mere seconds.
Multi-filter reports: One of the best things about the Bybit affiliate program is that it’s much more detailed than others. For instance, users can see exactly how much they receive from each referred account deposit, how much they trade (in maker/taker), as well as when the registration and deposits have been completed. This makes it the most comprehensive affiliate reporting in existence by far.
Who Can Earn With a Bybit Affiliate Program?
The Bybit affiliate program is open to various partners, including bloggers, influencers, publishers, content creators with a qualifying website, trading software or mobile app, as well as Bybit customers. To qualify for the program, partners must first sign up and be approved by Bybit. Once approved, partners can start promoting Bybit and earning commissions for each successful referral.
How Can I Withdraw My Earnings?
Partners can request a payout by logging into their affiliate dashboard and selecting the "Payout" option. From there, partners can choose their preferred payment method and enter the necessary information. Bybit offers several payout options, including Bitcoin, Ethereum, Tether, and USDT.
Here is a step-by-step guide on how to withdraw earnings from the Bybit affiliate program:
Go to the Bybit login page and log in to your affiliate dashboard.
Select the "Payout" option from the dashboard.
Choose your preferred payout method.
Enter the necessary payment information.
Click on the "Request Payout" button.
What Are the Creative Materials/Content to Help Me Promote Bybit?
Bybit provides a variety of creative materials to help partners promote its services. These materials include banners, landing pages, videos, social media content, and referral links. Partners can customize these materials to suit their specific needs and target audience. Bybit also offers a dedicated support team to assist partners with any questions or concerns regarding the program.
Pros and Cons of the Bybit Affiliate Program
As with any affiliate program, there are pros and cons to consider before joining. Here are some of the key advantages and disadvantages of the Bybit affiliate program.
👍 Advantages:
• Generous Commission Structure
One of the things that make Bybit the best affiliate program for many people is the generous commission structure. Partners can earn up to 30% commission for each successful referral, depending on the trading volume generated by the referral. The commission rates are tiered, with higher commission rates for larger trading volumes. This allows partners to earn substantial commissions if they can generate high trading volumes through their referrals.
• High Conversion Rates
Bybit is a well-established and reputable cryptocurrency exchange known for its user-friendly interface and reliable services. This reputation translates into high conversion rates for partners promoting the platform. Bybit's easy-to-use platform and excellent customer service make it an attractive option for both novice and experienced traders, which helps to drive conversions for partners.
• Reliable Tracking System
The Bybit Affiliate Program uses a reliable tracking system that ensures that users are credited with the commissions they earn. The tracking system tracks the activity of the users referred by the affiliate and ensures that the commissions are credited to the right affiliate account.
• Wide Range of Marketing Materials
The Bybit Affiliate Program provides a wide range of marketing materials that affiliates can use to promote the exchange's services. These materials include banners, links, widgets, and landing pages. Affiliates can choose the marketing materials that work best for their website or blog.
• Easy Payout Process
Bybit's affiliate program has an easy payout process. Affiliates can withdraw their earnings daily by UTC 00:00.
👎 Disadvantages:
• Limited Geographical Coverage
The Bybit Affiliate Program is not available to residents of certain countries, including the United States, Mainland China, and Singapore. This limits the potential audience for affiliates, and they may miss out on potential commissions.
• High Trading Volume Requirements
In order to qualify for the highest commission rates, affiliates must refer a significant amount of trading volume. This may be challenging for affiliates who are just starting out and do not have a large following.
• Limited Product Offerings
Bybit's affiliate program only covers the trading fees paid by referred users. This means that affiliates cannot earn commissions on other products or services offered by the exchange, such as margin funding fees or futures trading.
FAQs
How much do Bybit affiliates make?
Bybit offers one of the highest commission rates in the industry, with up to 30% of the trading fees paid by your referrals. The amount you make will depend on the trading volume of your referrals, as well as the commission rate you have negotiated with Bybit.
How do I become a Bybit affiliate?
To become a Bybit affiliate, you must first sign up for an account on their website. Once you have created an account, you can apply to become an affiliate through the dashboard. Bybit will review your application and inform you if you have been accepted into their affiliate program.
How does the Bybit affiliate program work?
The Bybit financial affiliate program allows you to earn commission by referring new users to their platform. You will receive a commission on the trading fees paid by your referrals, up to 30% depending on the volume traded. Bybit provides a range of promotional materials to help you promote their platform, and you can track your referrals and earnings through their user-friendly dashboard.
How much does it cost to participate in the Bybit affiliate program?
No, it does not cost money. You can participate free of charge.
Where can I view my affiliate earnings for the Bybit program?
Those who have been accepted into the Bybit affiliate program can view their earnings at any time by simply navigating to the Bybit Affiliate Backend under the Commissions page. Once you are there, you can view all details regarding your earnings.
What do I need to do to withdraw my earnings?
To withdraw your earnings from the Bybit affiliate program, you simply need to log in and click on Withdraw, which is located in the top right corner of the dashboard. From there, you simply enter the amount that you would like to withdraw and click on Withdraw. The amount you select will then be transferred via your chosen method.
Does the affiliate program offer referral codes?
Yes, the Bybit program does offer referral codes, and there is no limit as to the number of people you can share your referral code with.
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.