Quick Summary
Bybit offers a 20% lifetime trading fee cashback through cashback.day — every spot and USDT perpetual futures trade generates an automatic USDT rebate, paid weekly, with no expiration and no volume cap. Registration takes under 5 minutes, and the cashback is permanently locked to your account from the first trade.
Bybit at a Glance
Bybit is the world's third-largest crypto exchange by derivatives volume, known for its deep liquidity on USDT perpetual contracts and competitive fee structure.
Bybit Fee Structure
Understanding fees is essential to calculating your cashback savings.
Spot Trading Fees
USDT Perpetual Futures Fees
Key insight: Bybit's futures taker fees (0.055%) are competitive with the industry. Your 20% cashback effectively reduces your taker fee to 0.044% — lower than most exchanges' VIP 1 rate.
For a broader fee comparison, see crypto trading fees explained.
How Bybit Cashback Works Through cashback.day
```
You trade on Bybit
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Bybit charges trading fee (e.g., 0.055% taker)
↓
Bybit pays referral commission to cashback.day
↓
cashback.day returns 20% to you as USDT
↓
USDT deposited weekly to your Bybit account
```
What this means in practice:
The cashback is automatic — no claiming, no thresholds, no manual steps after registration.
Step-by-Step: Activate Your Bybit Fee Rebate
Step 1: Go to the Bybit page on cashback.day
Visit the Bybit cashback page or the comparison page and select Bybit.
Step 2: Click the registration link
The link takes you directly to Bybit's official registration page with the cashback referral code embedded.
Step 3: Create your Bybit account
Sign up with email or phone number. Complete basic verification.
Step 4: Complete KYC verification
Bybit requires Identity Verification (Level 1) for trading. Upload your government-issued ID and complete facial recognition. This typically takes 5-15 minutes.
Step 5: Deposit and start trading
Deposit USDT, BTC, ETH, or other supported assets. Every trade from this point forward automatically generates cashback.
Step 6: Receive weekly USDT payouts
Cashback is calculated on your weekly trading volume and deposited as USDT directly to your Bybit account every week.
For a general registration guide across all exchanges, see how to get cashback on crypto trading fees.
Savings Projection: How Much You'll Earn
Futures Trader (0.055% avg taker fee)
Spot Trader (0.1% avg fee)
For multi-year projections, see lifetime crypto trading cashback.
Why Choose Bybit for Cashback?
Strengths
Considerations
Bybit vs Other Exchange Cashback Programs
Bybit stands out for its combination of deep liquidity, regulatory compliance, and comprehensive derivatives offering. While MEXC has lower base fees, Bybit offers stronger regulatory protections.
For the full comparison, see best crypto cashback programs 2026.
Tips to Maximize Your Bybit Cashback
Frequently Asked Questions
Can I activate cashback on an existing Bybit account?
No. The cashback referral must be applied during account registration. Existing Bybit accounts cannot be retroactively linked. You would need to create a new account with a different email/phone number.
Does cashback affect my VIP tier or fee discounts?
No. Cashback is separate from Bybit's VIP program. Your VIP tier is determined by your trading volume and asset holdings, and the cashback is calculated after VIP discounts are applied.
Is there a minimum trading volume?
No. Every trade generates cashback regardless of size. There is no minimum volume requirement to receive payouts.
The Bottom Line
Bybit's 20% fee rebate through cashback.day is one of the most straightforward ways to reduce your trading costs on one of the world's largest derivatives exchanges. The combination of competitive base fees, strong regulation, deep liquidity, and automatic weekly USDT payouts makes it an easy decision for any Bybit trader.
Register through cashback.day, complete KYC, and every trade you make will automatically earn you USDT back — for life.
Compare with other exchanges: all cashback programs →
Learn more: what is crypto trading fee cashback | is crypto cashback safe?