If you’re signing up to Bybit in 2025, there’s a way to unlock significantly more rewards than the default welcome offer.
I’ve tested dozens of referral programs over the years, and I can confirm that Bybit referral code 89189 is one of the most rewarding and transparent options currently available for crypto traders — especially when used correctly.
USE THIS LINK TO EARN UP $30,000 OF REWARDS!
By entering code 89189 when creating your Bybit account, you can unlock up to $30,000 in tiered rewards, including deposit bonuses, trading perks, lower fees, and VIP upgrades. This code is verified, active, and distributed through Bybit’s official affiliate program.
You’ll find the full breakdown of how it works below, along with bonus conditions, usage instructions, and what to expect as a new user of the platform.
With this code, you will receive the following (and more!):
- Up to $30,000 in rewards await!
- Mystery box prizes
- Lower trading fees
- Deposit bonus
Simply use code 89189 when you join to get all these great benefits!

What Is the Bybit Referral Code?
The Bybit referral code is a unique identifier you can enter when creating an account on the Bybit exchange. In this case, the referral code 89189 connects your new account to an affiliate (in this case, Trade Wise) and activates a package of welcome rewards.
Bybit supports this through its official referral program, which is designed to give both new users and existing referrers access to real financial incentives. These rewards come in the form of USDT bonuses, deposit multipliers, trading fee discounts, and exclusive access to VIP tiers.
You can also use the referral link directly, which pre-fills the code:
https://tradewise.community/offer/bybit/

What Can You Unlock with Referral Code 89189?
Bybit’s welcome bonus isn’t one-size-fits-all. Instead, it’s structured in tiered reward levels, based on your deposit amount and trading volume. This system allows both casual and high-volume traders to earn proportional benefits.
Here’s the current reward structure as of October 2025:
Tier | Deposit + Trading Volume | Bonus Value | Additional Perks |
---|---|---|---|
Entry | $500 deposit + $5,000 trade | $50 USDT | Basic welcome bonus |
Mid | $3,000 deposit + $10,000 trade | $100 USDT | Extra task rewards |
Advanced | $50,000 deposit + $1.5M trade | $800 USDT | VIP 1 Access |
High Roller | $125,000 deposit + $50M trade | $8,800 USDT | Enhanced VIP benefits |
Elite | $250,000 deposit + $150M trade | $30,000 USDT | VIP 4 status + extras |
Most traders fall within the first two tiers, but for those trading serious volume — especially in futures — the higher tiers are realistic and achievable.
Importantly, these bonuses are not withdrawable, but any profits earned by trading with them are. They can also help offset taker fees, making them practically valuable even before withdrawal.
How to Use the Bybit Referral Code When Signing Up
If you want to claim your rewards, it’s essential that you enter the referral code during the registration process. Once the account is created, it can’t be added afterward.
Here’s how I recommend setting it up:
- Go to the official Bybit sign-up page:
https://tradewise.community/offer/bybit/ - Enter 89189 in the “Referral Code” box if it isn’t pre-filled.
- Complete your account setup using your email or mobile.
- Proceed to KYC verification, which is required to unlock rewards.
- Deposit your crypto or fiat (USDT is preferred for bonuses).
- Begin trading — volume is calculated automatically.
- Visit the Rewards Hub in your account to claim your bonuses.
Bonuses are generally credited once both deposit and trading requirements are met. If you don’t meet one of the conditions (for example, you deposit but don’t trade), you may receive a reduced bonus or none at all.
Bonus Terms You Should Be Aware Of
Having tested this system myself, I can say the bonus structure is real — but not without limitations. It’s important to understand the fine print to avoid missing out.
Here are the key conditions:
- The code only works for new users who register with a valid referral code or link.
- You must complete identity verification (KYC) to be eligible.
- Bonuses expire if not used or unlocked within the given window (typically 14 days).
- Both deposit and trading volume must be met to unlock each tier.
- Some promotions exclude spot trades, requiring derivatives or taker volume instead.
- Early withdrawal of deposited funds may disqualify your rewards.
- Profits made from trading with bonus funds can be withdrawn.
- Bybit reserves the right to adjust or interpret the bonus program terms at any time.
This isn’t a set-and-forget scheme. You need to follow the rules and remain active to fully benefit.

Is This a Promo Code, Invitation Code, or Coupon Code?
These terms often confuse people, but they all refer to similar mechanisms:
- Referral code: Shared by existing users or partners like Trade Wise (e.g., 89189).
- Promo code: Usually given during seasonal campaigns or events.
- Invitation code: Another name for a referral code; sometimes used by partners or affiliates.
- Coupon code: Rarely used in crypto, but sometimes seen in mobile app promotions.
In practice, using code 89189 or the referral link will give you access to the same welcome rewards.
Can You Refer Others After Signing Up?
Yes. Once you’ve created your Bybit account, you can start earning through their referral program as well.
Every user gets a custom referral link to share with friends. When someone signs up using your link, you’ll earn a percentage of their trading fees, and sometimes additional USDT rewards. The more they trade, the more you earn.
You can also qualify for affiliate-level partnerships if you build a strong referral network.

Is Bybit a Trusted Crypto Exchange?
As someone who’s used multiple platforms extensively, I can say Bybit consistently ranks among the most reliable and well-developed cryptocurrency exchanges in 2025.
Here’s a quick look at what makes it stand out:
- Over 69 million users globally
- Daily volume exceeding $24.9 billion
- Offers 100x leverage on derivatives
- Supports a wide range of assets including Bitcoin, Ethereum, and USDT
- Low maker and taker fees compared to competitors
- Built-in tools like copy trading, Web3 wallet, and the Bybit Card
- Available on desktop and mobile app
The platform is suitable for both beginners and high-frequency traders, and its VIP program offers tangible benefits to high-volume users.
How Bybit Compares to Other Crypto Exchanges
If you’re considering Bybit, it’s useful to compare its bonus system and features to other major players.
Exchange | Max Bonus | VIP Program | Copy Trading | KYC Required |
---|---|---|---|---|
Bybit | $30,000 | Yes | Yes | Yes |
Binance | $600 | Yes | No | Yes |
OKX | $500 | Yes | Yes | Yes |
Coinbase | $200 | No | No | Yes |
Bybit currently leads in terms of referral bonus size and platform flexibility. Its unified trading account and focus on high-liquidity markets make it a strong choice if you’re planning to trade regularly.

Tips to Maximise Your Bybit Referral Rewards
Based on both personal testing and what I’ve seen from other users, here are a few ways to maximise your bonuses:
- Deposit at least $3,000 early to reach the $100 tier quickly.
- Focus on derivatives trading to build volume faster (especially if spot is excluded).
- Don’t withdraw your deposit until your bonus is credited.
- Track your bonus progress daily in the Rewards Hub.
- Complete KYC immediately after sign-up to avoid delays.
- Watch for seasonal events — Bybit often adds extra rewards to referral bonuses.
FAQs – Referral Code 89189
Can I use the referral code after registration?
No. It must be entered during the initial account setup.
When are bonuses paid out?
Usually within a few hours after meeting the required deposit and trading volume.
Can I withdraw the bonus?
No, but you can withdraw any profits earned from trading with it.
Does this code work globally?
Yes, but some regions may be restricted due to local regulations.
Does the bonus apply to the Bybit Card?
Not directly, but using the Bybit Card may give you additional perks once your account is verified and active.

Final Thoughts
If you’re creating a Bybit account in 2025 and want to start trading with an edge, referral code 89189 is your best entry point. This code gives you access to verified, tested, and officially backed bonuses — not just small promotions, but up to $30,000 in rewards if you’re a high-volume trader.
At Trade Wise, I only recommend programs I’ve personally tested or verified through official channels. The rewards you’ll get from Bybit using this code are real, structured, and measurable — which is rare in the crypto referral space.
If you’re ready to get started, use the referral link below:
https://tradewise.community/offer/bybit
Just remember: enter the code during sign-up, complete KYC, and follow the deposit + trading steps carefully. The rewards are there — you just need to unlock them.

Hungry for more? Check out the following ways to earn even more crypto sign-up bonuses:
Binance referral id
PrimeXBT deposit sign-up bonus
Best Bybit referral code
MEXC referral code
2 Responses
All accomplished tasks by all referees, with a pending reward, how long would it take to be completed and rewarded.
Would the all the accomplished reward going to cancel after a week still remains pending?
I think you get 30 days but you might be better checking with their support team.