How to Get Bybit Fee Discounts
One of the first pieces of information new users look for when starting with Bybit is how to receive a바이비트 가입방법. Bybit is designed so both beginners and experienced traders can use it easily, but as trading volume increases, accumulated fees are never small. Therefore, using a referral code to receive a 20% fee discount is a highly valuable choice for new sign-ups.
The referral code is entered during the signup stage. The process is simple, but the long-term savings are significant. Since Bybit reduces basic fees for major services such as spot trading and futures trading, it provides meaningful cost reduction over time.
Referral entry is only available during the signup process, and it cannot be changed afterward, so it is important to enter it correctly from the beginning. This allows you to enjoy the fee discount as soon as you complete your registration.
Bybit Signup Method
The Bybit signup process is simple, but you must complete registration with a referral applied in order for the 20% fee discount to activate automatically. Below is a basic step-by-step process designed so beginners can follow easily.
1. Access the Bybit Referral Discount Link Page
On the signup screen, you will see a referral code input field below the email/phone number section.
If you accessed the page through a referral link, the code will already be filled in automatically.
If it is empty, you must enter your referral code manually—this step is the key to receiving the 20% trading fee discount.
2. Enter Email or Phone Number
For stability and convenience, most users prefer email-based signup.
When you enter your email address, a verification code will be sent to you. Enter it to proceed to the next step.
Phone-number-based signup is offered as well, but SMS verification may not work smoothly in some regions depending on the country.
3. Set Your Password
You must create a password that will be used for your Bybit account.
The password requirements are as follows:
- Minimum of 8 characters
- At least 1 uppercase letter
- At least 1 number
These requirements are part of Bybit’s basic security standards and must be met to move on.
5. Complete Signup
Once you proceed, an email verification step will appear. A verification code will be sent to the email you registered with.
After completing the verification using this code, your basic account will be created.
However, not all features will be available yet. You must complete Bybit Identity Verification (KYC) to activate deposits, withdrawals, and major trading features.
Bybit Identity Verification
To trade normally on Bybit, you must complete identity verification (KYC). This is a mandatory procedure that complies with international anti-money laundering regulations and is applied across most global exchanges.
1. Identity Verification Steps
After signing up, go to the “Identity Verification” menu within the Bybit app or website. The following steps will appear:
- Enter basic information
- Submit ID documentation (passport, driver’s license, etc.)
- Facial verification (live capture)
The types of IDs accepted vary by country, but for users in South Korea, entering the basic information listed above is generally sufficient, so there is no need to worry excessively.
2. Identity Verification Processing Time
The processing time varies from user to user.
If the information is accurate and the photo quality is good, verification may be completed quickly.
However, if submitted documents are unclear or information does not match, verification may take several days or be rejected.
It also depends on Bybit’s review server conditions.
In most cases, identity verification is completed within 5 minutes to 1 hour.
Bybit Identity Verification Process
The identity verification procedure on Bybit is not complicated and follows the sequence below.
1. Access the Identity Verification Menu in Your Account
Once signup is complete, the “Account & Security” menu will display the KYC section.
Select the verification level and begin the process.
2. Register Basic Information
Enter your name, date of birth, country of residence, and address.
The information must match exactly with the details shown on your identification document.
3. Upload Your ID
Upload a photo of the supported ID document.
Typically, passport, driver’s license, and national ID cards are accepted.
If the photo quality is poor, it may be rejected.
4. Facial Verification
The system will guide you through a facial recognition step, which may require actions such as tilting your head or blinking.
5. Submit and Wait for Approval
Once submitted, the Bybit review team will check the information.
Approval results are sent to your email or displayed as an in-app notification.
Final Notes
Bybit is a platform chosen by users worldwide because it offers a stable trading environment and a wide range of features. However, as trading volume increases, fee burden increases as well. Therefore, applying a 바이비트 추천인 during the signup process is extremely important.
If you are preparing to use Bybit, it is recommended to apply the referral code now to receive the 20% discount. After completing identity verification, you can trade in a safer and more convenient environment. This small initial setup will greatly improve your trading experience going forward.
Why You Must Complete Bybit Identity Verification
Identity verification is not optional—it is an essential process required to use Bybit normally. Without completing verification, you may face the following disadvantages:
1. Deposit and Withdrawal Restrictions
Accounts without completed identity verification often face limited cryptocurrency withdrawals, and deposit functions may not operate properly. For new users, this means the account is nearly unusable for actual trading.
2. Trading Function Restrictions
Accounts without KYC will have restricted access to features such as spot trading and futures trading.
Even if signup is completed, you must understand that trading is not possible until identity verification is finished.
3. Weak Account Security
Without identity verification, account recovery and theft response options are extremely limited.
KYC information plays a critical role in account protection.
4. Additional Restrictions When Policies Change
Because Bybit must follow international regulatory standards, unverified accounts may face increased restrictions if policies change.
Some exchanges have previously blocked access for non-KYC accounts entirely, so verification is considered essential to avoid such risks.