Bybit Review & Referral Code
Bybit referral code GOGOTRADING gives 30% off trading fees at Bybit, plus $30K bonus in Bybit welcome bonuses. At the entry tier Bybit spot costs 0.10%; Bybit futures cost 0.02% maker, 0.055% taker. Bybit ranks #3 of 11 on six weighted axes (score 4.8 / 5); Bybit fees read 7 Sep 2026.
If you trade perpetual futures more than once a day, Bybit's matching engine and depth on BTC/ETH perps make it hard to beat. The $30K deposit-bonus ladder doesn't hurt either.
Why it ranks where it does
- Up to 100,000 TPS matching engine
- Tight spreads on BTC/ETH perpetuals
- $30K deposit-bonus ladder, tied with Weex for the largest headline bonus of the 11
- Bybit Card spends crypto with 5% USDT cashback
What's not great
- Spot market thinner on long-tail tokens
- Some regions restricted
Bybit fees at the entry tier
| Fee | Rate | Note |
|---|---|---|
| Spot | 0.10% | Before 30% off trading fees via the referral code |
| Futures maker | 0.02% | Entry tier, no volume requirement |
| Futures taker | 0.055% | Entry tier, no volume requirement |
Read from Bybit's fee schedule ↗ on 7 Sep 2026 (what changed at each check); Bybit can change it without notice.
Where Bybit sits in the tier list
Bybit sits at #3, between OKX — Best All-Round (#2) and Bitget — Best for Copy Trading (#4). It holds 2 of our 12 category awards: Day Trading, Welcome Bonus. Product coverage: 6 of the 19 product lines we track (Spot, Futures, Options, Copy Trading, Earn, Card); Binance covers the most with 7. Founded 2018, based in Dubai, UAE / BVI, listing 396 assets read from its own instruments API on 2026-09-17; scored on the same six axes as the other 10. KYC: Bybit has required identity verification for its products since 2023; treat any 'no-KYC' claim about it as out of date. Security record (checked 2026-09-17): On 21 February 2025 Bybit lost 401,346 ETH — about $1.46 billion — from an Ethereum cold wallet, the largest crypto theft on record. Withdrawals stayed open, and Bybit closed the shortfall within 72 hours through emergency loans and OTC purchases rather than existing surplus; its pre-hack reserve buffer was about 6,300 ETH, under 2% of what went missing. None of the stolen coins were recovered. Source ↗ Second source ↗
How Bybit compares with the other 10
1 of the other 10 exchanges charges less than Bybit on spot (0.10% vs a median of 0.10%). On futures, Bybit's 0.055% taker fee is exactly the median — tied 6th of 11 (with 1 other). Bybit's 30% rebate trails the 40% median rebate — tied 8th of 11 (with 2 others). A $1,000 Bybit futures taker order: $0.55 in fees, $0.39 once the 30% rebate lands.
| Metric | Bybit | Median of 11 | Best of 11 | Rank |
|---|---|---|---|---|
| Spot fee | 0.10% | 0.10% | 0% (MEXC) | tied 2nd of 11 (with 6 others) |
| Futures taker fee | 0.055% | 0.055% | 0.02% (MEXC) | tied 6th of 11 (with 1 other) |
| Futures maker fee | 0.02% | 0.02% | 0% (MEXC) | tied 2nd of 11 (with 9 others) |
| Fee rebate | 30% | 40% | up to 60% (Weex) | tied 8th of 11 (with 2 others) |
How to claim the Bybit referral discount
- Open Bybit from this page and enter code GOGOTRADING in the referral field at sign-up.
- Verify email, then ID: Bybit makes KYC mandatory before withdrawals.
- Deposit at least $1 to start trading; the welcome-bonus tiers have their own, higher thresholds on Bybit's promotion page.
- Trade once. Entry-tier fills cost 0.10% on spot, 0.055% as a futures taker.
- 30% off trading fees then applies to every Bybit trade for as long as Bybit runs the program.