In addition to trading, the virtual currency exchange Bybit also has an affiliate program where you can earn rewards. When you join an affiliate program and a user registers and trades using your referral link, you can receive profits. There are two types of affiliate programs, so I will introduce each one.
Bybit company profile
Bybit is now a major virtual currency exchange used by over 5 million people worldwide. If you would like to participate in Bybit’s referral program, please refer to the following articles. I wrote a brief article about Bybit’s company profile and services such as acquired licenses. Bybit also has an affiliate program as a campaign, so traders can apply and earn commissions if they get customers, so it is recommended. This article provides details on how to start making money.
affiliate program
There are two types of affiliate programs: One is a referral program and the other is an affiliate program. For affiliate programs, no rewards will be generated if more than 7 days have passed since the referral link URL was clicked. The cookie is only valid for 7 days.
Referral program
It will be a referral program that anyone can start without screening. By introducing, you can receive 20% of the referrer’s commission as profit. As the number of referrals increases, you can receive 30% of the commission. Since there is no examination, you can participate as soon as you finish opening an account.
affiliate program
Affiliate programs can earn up to 50% commission. There is also a sub-affiliate in the affiliate program, and if the introducer introduces someone further, 10% of the reward will be included. Since the affiliate program has a review, you will not be eligible to participate unless you clear the review. At affiliates, the reward rate you get depends on the total bitcoin transaction volume traded by the introducers.
| BTC＞0 | 25％ |
| BTC＞500 | 33％ |
| BTC＞10000 | 35％ |
Time to get reward
This is common with other virtual currency exchanges, but Bybit’s referral reward does not occur at the time of opening an account. After opening an account, it will occur for the first time when the person actually introduced trades. Therefore, compared to general affiliates, the point to reward generation is far. But on the other hand, you get rewarded for every trade you make. This will be a project with recurring income.
Currencies that can be received as rewards
Affiliate and referral programs do not accept fiat currency. In other words, it is a mechanism to receive rewards as virtual currency. Bybit handles more than 130 different currencies, so you can receive a wide range of cryptocurrencies.
How to join the affiliate and referral program
Currently, in order to participate in the affiliate program, you must first open an account. Please refer to the article below on how to open an account. Although the system of screening criteria is unknown, you can apply as many times as you like even if you are unsuccessful, so there are many opportunities. You can continue applying from the app.
For referral programs
In the case of the referral program, once the account is opened, there is already a referral link, so it is possible to start referrals immediately. After logging in, click the avatar mark on the upper right of the screen to open the menu on the right, then click “Referral Program”. You will receive a reward when you refer using the referral code.
For affiliate
For the affiliate category, affiliates must first verify their identity and pass an up-to-date screening. You can apply below. Languages can be switched. Please click on the link below to go to the application form. Once approved and the link is published, you can start making money right away. As long as you advertise on SNS, etc., and your partner registers via the link and trades, you will earn income forever.
Please enter your name, email address and password. Please do not forget your address and password as they will be required for login after passing the screening.
Next is a form to declare the method of spreading the affiliate. On this screen, there is something called UID, which is the ID assigned when you open an account. You can check this by opening the avatar mark after logging in above.
Finally, verify your email. A verification e-mail will be sent to the address registered in the first e-mail address registration, so please check it and enter the verification code to complete.
Affiliate review days
Affiliate screening will take about 2 to 3 days, so please wait patiently. In either case, you will be notified by email. If you pass the affiliate screening, you will be able to log in to the dedicated page. A dedicated person will be in charge, so please tell me how to operate it.
No self-affiliation
Unfortunately self-affiliation is prohibited. If you step on your own link, open an account, trade and receive affiliate rewards, in the worst case, you risk being banned from the affiliate program, so please do not. It is OK to introduce them to your friends and internet users, but it is also NG to introduce them to your family.
How long does it take for affiliates to get results
Affiliate marketing is not something where you can suddenly start earning a lot of money today. In the case of blogs, it’s like writing articles for six months to a year and then finally seeing results. Therefore, it is important to do it slowly and not rush. Compared to other exchanges, Bybit has high leverage and has major coins such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), so there are many points to consider when promoting it.
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