Bybit Referral Code BY500 — From Signup to Trading: A Complete Guide [2026]

Cryptocurrency adoption continues to accelerate in 2026, and traders today are more focused than ever on finding exchanges that offer low fees, high security, reliable trading tools, and powerful signup rewards. Among all global crypto exchanges, Bybit Exchange stands out as one of the most user-friendly platforms for beginners and advanced traders alike.

If you’re planning to start your crypto journey on Bybit, you can unlock huge rewards by using the Bybit Referral Code BY500. This referral code gives new users access to exclusive bonuses, trading fee discounts, and additional benefits that are not available through a regular signup.

This complete guide covers:

**- What is the Bybit Referral Code BY500

• How the referral code system works in 2026
• How to sign up on Bybit step-by-step
• How to trade Spot and Futures on Bybit
• Bybit fee structure explained
• Tips to maximize referral benefits
• Detailed FAQs for beginners**

Let’s begin your journey from signup to trading with Bybit—designed for 2026 users who want the best possible start.

Click Here to Unlock Rewards in Bybit

What Is the Bybit Referral Code BY500?

The Bybit Referral Code BY500 is a special invite code that allows new users to unlock exclusive signup rewards, trading fee discounts, deposit bonuses, and additional promotional benefits.

When you create an account using BY500, you automatically become eligible for Bybit’s 2026 reward structure, which may include:

• Welcome bonuses based on deposit level
• Futures trading rewards
• Spot trading fee discounts
• VIP upgrade opportunities
• Bonus vouchers and airdrop entries
• Using the referral code is 100% free. You do not pay anything extra—in fact, you save money and earn rewards.

Why Choose Bybit Exchange in 2026?

Bybit Exchange continues to lead the industry with top-tier performance and security features. Whether you’re a beginner or an advanced trader, Bybit offers:

1. High-speed order execution: Bybit is known for its lightning-fast trading engine capable of handling up to 100,000 trades per second.

2. Advanced Spot and Futures trading tools: You get access to charts, indicators, and order types suitable for all strategies.

3. Low trading fees: Fees are among the lowest in the crypto industry.

4. Strong security: Bybit uses cold wallet storage, two-factor authentication (2FA), and advanced security protocols.

5.** Global liquidity:** High liquidity means low slippage and better pricing for trades.

How to Sign Up Using Bybit Referral Code BY500 (Step-by-Step Guide)

Signing up with the referral code for Bybit takes only two minutes. Follow the steps below:

Step 1: Visit the Official Bybit Website or App

• Go to: bybit.com
• Or download the Bybit app on Android/iOS.

Step 2: Click “Sign Up”

• Choose whether to register using:
• Email
• Phone number
• Google or Apple ID

Step 3: Enter the Referral Code
In the Referral Code box, type:

👉 BY500

This ensures your account is linked to the welcome bonuses.

Step 4: Complete Verification (KYC)

• KYC is required for:
• Depositing funds
• Withdrawing crypto
• Claiming welcome rewards
• Verification usually takes a few minutes .

Step 5: Deposit Funds

• You can deposit:
• USDT
• Bitcoin
• ETH
• or buy crypto using a credit card / bank method

Once the deposit is successful, you become eligible for bonus rewards.

How to Trade on Bybit: Complete Beginner Guide (Spot + Futures)

Bybit Exchange is designed to make trading simple and smooth. Whether you want to buy crypto in Spot markets or trade Futures with leverage, here’s a clear explanation.

1. How to Trade SPOT on Bybit

Spot trading means buying and selling actual cryptocurrencies at market price.

Step 1: Go to "Trade" → "Spot"

You’ll see charts, order books, and trading pairs.

Step 2: Choose a trading pair

Example:

• BTC/USDT
• ETH/USDT
• XRP/USDT

Step 3: Choose your order type

You can select:

• Market Order (instant buy/sell)
• Limit Order (set your own price)
• Stop-Limit Order
• Stop-Market Order

Step 4: Enter the Amount

Input how much you want to buy or sell.

Step 5: Confirm the Trade

Click Buy or Sell.

Your Spot assets will appear in your account wallet immediately.

2. How to Trade FUTURES on Bybit (USDT Perpetual)

Futures trading allows you to trade price movements using leverage.

Warnings for beginners:
Futures are risky—start small and always use stop-loss.

Step 1: Go to “Derivatives” → “USDT Perpetual”

You will see charts and the leverage slider.

Step 2: Transfer funds to Futures Wallet

Move your USDT from "Spot" to "Derivatives".

Step 3: Choose leverage

Beginners should start with 2x–5x
Bybit allows up to 125x leverage on some pairs.

Step 4: Choose LONG or SHORT

LONG (Buy): You profit if the price goes up.

SHORT (Sell): You profit if the price goes down.

Step 5: Enter your order details

Options include:

• Market
• Limit
• Conditional
• Stop-loss
• Take Profit

Step 6: Monitor your position

You can track:

• Entry price
• Margin
• Liquidation price
• Unrealized P&L

Step 7: Close the trade

Click Close Position manually or set automatic TP/SL.

Bybit Fee Structure Explained (2026 Update)

One of Bybit’s biggest strengths is its low trading fees.

1. Spot Trading Fees

• Maker Fee: 0.10%
• Taker Fee: 0.10%

Using the Bybit Referral Code BY500 may reduce fees further based on promotions.

2. Futures Trading Fees

• Maker Fee: 0.01%
• Taker Fee: 0.06%

These are significantly lower compared to many competitors.

3. Deposit & Withdrawal Fees

Deposits: Free

Withdrawals: Network fee only (varies by blockchain)

4. Other Charges

• Funding Fee (for Futures every 8 hours)
• Conversion fees when swapping assets
• Bybit clearly displays all fees inside the trading dashboard.

Tips to Maximize Your Benefits Using Bybit Referral Code BY500

Here are strategies to get the most out of the referral code and the platform:

1. Complete KYC immediately: This unlocks your full reward tier.

2. Deposit early to claim bonuses: Rewards are higher for first-time deposits.

3. Trade gradually, not aggressively: Build experience before increasing position sizes.

4. Use Stop-Loss in Futures trading: Helps protect against liquidation.

5. Check Bybit Rewards Hub weekly

6. Participate in airdrops and campaigns Often exclusive for users who signed up with referral codes.

Frequently Asked Questions (FAQ)

1. What is the Bybit Referral Code for 2026?

The official referral code is BY500, offering exclusive bonuses and fee discounts.

2. Is it free to use the referral code for Bybit?

Yes. You pay nothing extra—only gain rewards.

3. Can beginners use Bybit safely?

Yes, Bybit is beginner-friendly and includes tutorials, practice trading, and simple Spot trading options.

4. Does the referral code affect my trading fees?

Yes, Bybit Referral Code BY500 may give reduced trading fees depending on ongoing promotions.

5. Is Futures trading risky?

Yes. Use low leverage and stop-loss to manage risk.

6. Can I withdraw my bonus?

Most bonuses are applied as trading credits or fee vouchers. Withdrawable bonuses depend on unlock conditions.

7. Do I need KYC for trading?

• Basic KYC is required for:
• Spot trading
• Futures trading
• Withdrawals
• Claiming referral rewards

8. Does Bybit support P2P trading?

Yes, Bybit offers a P2P market for buying crypto with local currencies.

9. Does signing up with BY500 impact my privacy?

No personal information is shared with the referrer.

10. Is Bybit safe and legal to use worldwide?

Bybit operates in most countries, except restricted jurisdictions. Always check your region’s regulations.

Final Thoughts

Click Here to Unlock Rewards in Bybit

Using Bybit Referral Code BY500 is the smartest way to begin your trading journey on Bybit in 2026. It provides exclusive signup bonuses, lowers trading fees, and opens access to Bybit’s full suite of Spot and Futures markets.

Whether you're a beginner or an advanced trader, Bybit offers one of the most powerful ecosystems in the crypto market.