Bybit, acclaimed as “The most reliable cryptocurrency exchange,” has emerged as a prominent player in the industry.
Google Trends indicates a surge in popularity, surpassing even established platforms like Etoro in terms of affiliate program interest.
(See Etoro Affiliate Program).
The Bybit Affiliate Program offers affiliates the prospect of earning lucrative commissions derived from transaction fees.
As I found out, the program facilitates payouts in digital currencies, aligning with the industry’s digital ethos.
The platform’s significant upswing in popularity towards the end of 2023 and the beginning of 2024 underlines its relevance and growing prominence in the dynamic cryptocurrency exchange arena.
Bybit Website Information
I always check the platform as I was skeptical.
And here is some data I would like to share about the Bybit website that underlines the credibility of the platform
Established in 2018, Bybit is a reputable cryptocurrency exchange with a solid online presence.
The website holds an impressive domain rating of 83 on Ahrefs and attracts nearly 900,000 organic monthly visits.
This reflects Bybit’s sustained popularity and credibility in the cryptocurrency market since its inception.
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Bybit Affiliate Program Overview
The Bybit Affiliate Program caters to bloggers, influencers, and content creators with qualifying websites or trading software, extending participation to existing Bybit customers.
Affiliates earn lifetime commissions, reaching as high as up to 50% on spot, futures, and options, all calculated in real-time.
Additionally, affiliates benefit from a dedicated account manager, providing support for marketing and technical assistance.
Importantly, there is no cost associated with participating in the Affiliate Program, making it an accessible and potentially highly rewarding opportunity in the cryptocurrency space.
How do You Get Approved For The Bybit Affiliate Program?
To apply for the Bybit Affiliate Program, visit affiliates.bybit.com and click on the “Apply” button.
Fill out a brief questionnaire outlining your background and plans for promoting Bybit.
As someone who has conducted thorough research, I recommend sharing your social media account, such as Twitter, or your YouTube channel during the application process.
After submission, expect an affiliate manager to reach out to you within three (3) to five (5) working days.
The Bybit team carefully evaluates each application, ensuring that the applicant meets the specified criteria.
Upon successful evaluation, the application gets approved, granting you access to the Bybit Affiliate Program.
Bybit Affiliate Program Commissions & Payouts
Affiliates in the Bybit program can earn impressive commissions, reaching up to 50% on transactions, with an added 10% bonus when their referred users become affiliates themselves.
Additionally, a 5% commission is granted on other products.
The distribution of commissions is a swift daily process, completed by 4 AM UTC (Coordinated Universal Time), ensuring affiliates timely access to their earnings.
Payouts are facilitated in digital currencies, providing flexibility and convenience for affiliates receiving their rewards.
Bybit Sub-Affiliate Program
In Bybit’s Affiliate Program, a Sub-Affiliate is someone brought in by an existing affiliate.
If a client directly referred by an affiliate becomes an affiliate themselves, the new clients they bring in are Sub-Affiliates of the original affiliate.
If the new affiliate chooses a different sponsor, Bybit permits it, and the new clients become Sub-Affiliates of that different affiliate, with Bybit’s approval, for commission calculations.
In case of disputes, Bybit has the authority to decide the Sub-Affiliate’s affiliation, and all parties agree to accept Bybit’s decision.
Affiliates can earn an extra 10% of Commissions from their Sub-Affiliates.
Affiliate Cookie Duration in the Bybit Affiliate Program
As of now, information about the cookie duration in the Bybit Affiliate Program is not available.
This detail is not mentioned on the Bybit Affiliate Program Terms and Conditions page.
Bybit Affiliate Program Details
Information | Details |
Affiliate cookie duration | N/A |
Accepted countries | Worldwide (Limited) |
Commission rate | up to 50% |
Commission structure | Percentage |
Payout frequency | Daily |
Payout methods | Digital currencies (BTC ETH USDT) |
Minimum payout | No |
Website needed | No |
How Much Do Bybit Affiliates Make?
Bybit affiliates have the potential to earn substantial income through the program.
With a commission structure offering up to 50% on trading fees from referred users and an extra 10% for sub-affiliate commissions, the earning potential is lucrative.
The actual amount varies based on the affiliate’s promotional effectiveness and the trading volume generated by their referrals.
Seasoned and dedicated affiliates can consistently earn thousands of dollars, making Bybit’s affiliate program one of the most competitive and rewarding in the market.
What is the difference between the Referral Program and the Affiliate Program?
The Referral Program rewards existing Bybit users with a one-time bonus when their referred friends successfully create and deposit funds into a Bybit account.
Additionally, it grants access to the Cashback Referral Program.
On the other hand, the Affiliate Program is designed for selected Bybit users.
It offers a continuous commission based on the trading volume of the users they have referred.
Unlike a one-time bonus in the Referral Program, affiliates receive ongoing commissions for as long as their referred traders actively engage in trading activities on Bybit.
Excluded Jurisdictions: Where Bybit Services Are Not Available
Bybit restricts its services in specific jurisdictions, effective as of September 9, 2021. Residents of the following countries are excluded from accessing Bybit services:
- Canada: Residents of Canada are restricted from using Bybit’s services.
- Cuba: Residents of Cuba are excluded from using Bybit’s platform.
- Iran: Bybit does not offer services to residents of Iran.
- Mainland China: Bybit services are not available to residents in mainland China.
- North Korea: Bybit services are not accessible to residents of North Korea.
- Russian-controlled regions of Ukraine: This includes Crimea, Donetsk, and Luhansk.
- Singapore: Residents of Singapore are excluded from accessing Bybit’s offerings.
- Syria: Bybit services are not available to residents of Syria.
- United Kingdom: Bybit does not offer services to residents of the United Kingdom.
- United States: Residents of the United States cannot access Bybit services.
Users residing in these jurisdictions are advised to inform Bybit promptly if there are changes in their residency status.
Additionally, Bybit does not conduct affiliate activities in France and Belgium.
What Are The Pros And Cons Of The Bybit Affiliate Program
Bybit Affiliate Program Pros
- Generous Commission Structure:
- Affiliates can earn up to 50% commission on trading fees, with tiered rates for higher trading volumes.
- High Conversion Rates:
- Bybit’s reputation for a user-friendly interface and reliable services contributes to high conversion rates for affiliates.
- Reliable Tracking System:
- The program employs a reliable tracking system to ensure accurate crediting of earned commissions.
- Wide Range of Marketing Materials:
- Bybit provides diverse marketing materials, including banners, links, widgets, and landing pages, to assist affiliates in promotions.
- Easy Payout Process:
- Affiliates can conveniently withdraw their earnings daily by UTC 04:00
Bybit Affiliate Program Cons
- Limited Geographical Coverage:
- Residents of certain countries, including Canada, Iran, Mainland China, United States, cannot participate. (see Excluded Jurisdictions)
- High Trading Volume Requirements:
- Achieving the highest commission rates may be challenging for affiliates without a substantial following, as it requires significant trading volume.
- No Cookie Duration Information:
- Currently, information about cookie duration in the Bybit Affiliate Program is not available.
Conclusion
Bybit stands out as the epitome of reliability in the cryptocurrency exchange realm.
The Bybit Affiliate Program, open to bloggers, influencers, and content creators, offers a hassle-free and cost-free sign-up process.
Affiliates benefit from a dedicated account manager, providing indispensable support for both marketing strategies and technical inquiries.
With the potential to earn impressive commissions, reaching up to 50%, the Bybit Affiliate Program presents a lucrative opportunity for those involved.
The exclusion of certain jurisdictions is a necessary consideration, outlining where Bybit services are not available.
The program’s generous commission structure and seamless payout process make it an appealing prospect for those seeking to capitalize on the cryptocurrency market’s potential.
In essence, the Bybit Affiliate Program combines reliability, accessibility, and substantial earning potential, making it a noteworthy opportunity in the ever-evolving landscape of digital finance.
About the Author
Mike is an affiliate marketing analyst, content creator, and the founder of SetAffiliateBusiness.com.
Consistently producing in-depth and insightful articles. 📚💻