how to earn free money on bybit

Bybit provides multiple avenues for earning free money, including referral commissions, task-based rewards, crypto project involvement, trading competitions, automated trading tools, and imitating skilled traders' strategies.

Oct 29, 2024 at 11:11 am

How to Earn Free Money on Bybit

Bybit is a cryptocurrency exchange that offers a variety of ways to earn free money. These methods include:

1. Referral Program

Bybit has a referral program that allows you to earn a commission on every new user that you refer to the exchange. To participate in the referral program, you need to:

• Create a Bybit account.
• Generate a referral link.
• Share your referral link with others.
• Earn a commission on every new user that signs up using your referral link.

2. ByFi Mining

ByFi Mining is a Bybit program that allows you to earn rewards by completing tasks such as:

• Trading cryptocurrencies
• Holding cryptocurrencies
• Participating in Bybit events

The rewards you earn from ByFi Mining can be used to trade or stake cryptocurrencies.

3. Launchpool

Bybit Launchpool is a program that allows you to earn tokens from new cryptocurrency projects. To participate in Launchpool, you need to:

• Hold BIT tokens.
• Stake BIT tokens on the Launchpool page.
• Earn tokens from new cryptocurrency projects.

4. Trading Competitions

Bybit regularly hosts trading competitions that allow you to win prizes such as:

• Cryptocurrencies
• Trading fees
• Bybit merchandise

To participate in trading competitions, you need to:

• Register for the competition.
• Meet the minimum trading volume requirements.
• Achieve a high ranking in the competition.

5. Grid Trading Bot

Bybit's Grid Trading Bot is a tool that allows you to automate your trading strategies. The Grid Trading Bot can help you to:

• Earn profits from market volatility.
• Reduce your trading risks.
• Free up your time.

6. Copy Trading

Bybit's Copy Trading feature allows you to copy the trading strategies of successful traders. To copy trade, you need to:

• Find a successful trader to copy.
• Copy their trading strategy.
• Earn profits from their trading success.