With the rapid growth of cryptocurrencies in financial markets, a new industry has developed in parallel: crypto exchanges. There are hundreds of them who want to attract investors’ capital to their trading platform. For some time now, a recently created crypto broker, Bybit, has surprised the market with its exponentially growing number of new users. But, why are investors, more specifically newbies, joining Bybit?
Founded in 2018 by former investors, investment bankers and blockchain experts, Bybit already has more than 3 million customers. Like other exchanges, it has a simple, intuitive and easy to use mobile application. The web version of their trading platform works just as well. In case of concern, the support service remains available 7/7 and 24/24.
There is no shortage of investment possibilities at the level of the trading platform. There are more than fifty cryptocurrencies in the spot account. In addition, there are hundreds of derivatives on Bybit. Perpetual contracts are offered with quite interesting levers. The broker protects his clients from the negative balance. Those who are passionate about learning will find a blog that offers a series of interesting trading training and information.
In fact, what makes Bybit so strong is its highly remunerative reward model. Without the need to trade, the platform gives you the possibilities of generating fairly substantial income. For example, the earnings from the referral program can be up to $ 500. Let’s not talk about it for the affiliate program.
So, discover all the passive income available on Bybit:
$ 500 referral bonus card
Bybit sets up a referral program which aims to encourage users of the platform to attract more customers. Referral rewards are calculated based on the number of people who have registered on the platform with your referral link or code. That said, the more new referrals you bring in, the more money you will earn. Unfortunately, theReferral bonus cards cannot exceed $ 500.
Which is quite interesting: even the godson can generate passive income. If he manages to buy nearly $ 100,000 worth of derivatives on his perpetual account and $ 25,000 of cryptocurrency on his spot account, he will receive bonus cards just like the sponsor.
Remember that to receive the reward cards, the referral must create his account with your referral code. In addition, he must create a portfolio with a minimum investment of $ 250 in spot cryptos or $ 1,000 in perpetual contracts.
To take advantage of the referral program, you must first create an account. Afterwards, you log into this account and then share the referral activation link / code to your family members or friends. Get them interested in signing up and crediting their account.
Complete simple tasks for $ 600
Sponsorship can seem a bit complicated if you don’t have too many contacts in your network. Then Bybit’s second rewards program should be of great interest to you. Your earnings will depend on your willingness to make money. In fact, it is worth remembering that the two programs are not mutually exclusive. You can participate in both without problem.
The second program offers instant rewards through the completion of tasks or missions on the platform. The trader is paid after completing certain tasks or a mission assigned to him. This reward model is quite common on Exchanges. For example, Coinbase pays investors for you to read articles about a cryptocurrency. But, so far, none of the task-based rewards programs of other brokers compete with Bybit. $ 600 for simple missions is quite splendid.
To participate, you must create an account. Subsequently, complete the tasks that are assigned in the task board.
Note that the price of the tasks can vary between $ 3 to $ 5 !.
Join Affiliate Program to Earn Lifetime Commissions
The Bybit Affiliate Program is also a referral program but with endless earning possibilities. It is much more complex and better supervised than the simple sponsorship program mentioned above. To take part, you must go to affiliates.bybit.com and press the “Apply” button. You will see a form that will ask you to submit the promotion project you have for Bybit.
Chances of being accepted depend on the width and the enthusiasm of your community. Are your links going to generate a significant percentage of conversion in order to bring in new customers? This is why a person who has a news site or an information channel on networks or a page through which he interacts with his audience on a daily basis, will be much more likely to have their promotional plans validated.
In its FAQ section, Bybit has raised the profile of those who are likely to be selected. He wrote : “Bloggers, influencers, publishers and content creators with a qualifying website, trading software or mobile app, as well as Bybit clients with a large network of traders, are eligible to participate in the referral program. Bybit“.
The crypto exchange did not specify the amount of commission for the affiliate program. According to testimonials collected online, the sponsors say they are satisfied with the commissions paid by the platform. In addition, they receive their payment on time.
So what are you waiting for to join Bybit?