For anyone looking to give their crypto trading adventure a head start, Bybit’s new European platform has rolled out one of the region’s largest welcome bonuses, offering newcomers the chance to claim up to $5,000 in trading credits. The promotion comes in multiple parts, namely an instant sign-up reward (around $30-$50) plus a tiered deposit bonus that can reach thousands of dollars.  

What is the Bybit EU Deposit Bonus?

Bybit’s EU deposit bonus can be envisioned as a package of “trading credits” that can be redeemed when an individual meets certain deposit and trading targets as a new customer. The bonus comes in two main parts:
 

• Welcome Gift: Upon signing up (done via an affiliate link) and completing simple tasks, users can get small bonus coupons almost immediately.  
• Tiered “Blast-Off” Deposit Bonus: This is the headline offer of up to $5,000 (paid in USDT/USDC) and is only available to an individual who deposits and trades large amounts of crypto within a set time frame. The $5k figure is the maximum, with the actual bonus depending on how much one deposits and their trading volume. 
   

Note: The bonuses cannot be withdrawn directly as cash; instead, users can deploy them to trade derivatives (futures), cover their trading fees, or serve as margin, boosting their position size without risking their own money.

Want to start trading immediately? Claim your bonus now! 

That said, any profits earned from trading with the bonus are available for withdrawal, even though the bonus amount itself stays as non-withdrawable credit.
 

Why Is Bybit Offering a $5,000 Bonus or EU Traders?
 

One might wonder why Bybit is willing to hand out up to $5k in credits to new users. The answer lies in marketing and market liquidity because Bybit, like most exchanges, wants to attract active traders, as more traders and volume on the platform means deeper liquidity and more fees generated.  
 

For European users in particular, there’s another reason because in 2025, the EU implemented new regulations known as MiCA (Markets in Crypto-Assets), which require digital asset exchanges to be licensed and compliant to serve EU customers. Bybit has responded by launching a separate platform for Europe (Bybit EU) with a proper license (based in Austria) to operate across EU countries. 
 

This means if one is in an EU/EEA country (for example, the Netherlands, Germany, France, etc.), they will have to sign up on the Bybit.eu platform rather than the global site, i.e. Bybit.com. 

 

Who Is Eligible for the Bybit EU Bonus?
 

(i) New Bybit EU Account: Interested personnel must sign up on the Bybit.eu exchange as a first-time user. Existing Bybit global (Bybit.com) accounts do not count. 
 

(ii) Residency in Supported Countries: Bybit EU is available to residents of most countries in the European Economic Area, including the Netherlands, Germany, France, Spain, Italy, amongst 29 other EEA countries. That said, UK residents need to be cautious as the region does not fall under EU MiCA rules.
 

(iii) KYC Verification: Bybit requires all new EU users to complete KYC (Know Your Customer) verification (uploading ID, proof of address, etc.) before they can unlock any bonus rewards.
 

(iv) One Account, One Bonus: The bonus is given per new user which is to say that a person cannot sign up via multiple accounts to claim the offer. 

 

How to Claim the Bybit EU Deposit Bonus  

Claiming the bonus may seem complex at first glance, but the process is straightforward when broken into clear steps. The requirements involve registering with a referral link or code, completing account verification, making a qualifying deposit, and meeting trading volume targets to unlock the desired bonus tier.

 

When a referral code is applied, the platform displays the tiered reward levels (ranging from $10 to $5,000). Using a valid referral code or affiliate link is essential, as this step alone helps unlock the bonus program.
 

Once registered, users must complete a Know Your Customer (KYC) process, which involves submitting proof of identity alongside any requested documents. The first bonus ($5 worth of EUR) is credited immediately upon verification, with the process being quite quick.

After the verification process is done, users should navigate to the “Rewards Hub” or “Rewards Center” where they can see active promotions. The user must click “Join” or “Participate” to officially enroll, ensuring that deposits and trades are counted toward the bonus. In some cases, the deposit bonus activates automatically with the referral code, but it is best to confirm enrollment manually.
 

The minimum deposit to start earning a bonus is $200, while the top tier requires a deposit exceeding $50,000. Deposits can be made in fiat (e.g., Euros via SEPA) or cryptocurrency equivalents, with the total amount calculated in USD or EUR. Bybit often requires deposits to remain in the account for 14 days without withdrawal to qualify. Additional deposits within the promotional period may upgrade the user to a higher tier, but only the highest achieved reward is credited.
 

In addition to depositing funds, trading activity is also necessary to unlock progressive bonus levels. Each tier has a corresponding cumulative trading volume requirement. For instance, earning a 10 USDC bonus requires a $200 deposit and $100 in trading volume.

Only “taker” trades (e.g., market orders) on derivatives markets count toward the turnover requirement, while zero-fee spot trades are excluded. Users often meet the target by repeatedly opening and closing positions, though market risks still apply.
 

Once the deposit and trading milestones are met, the bonus is credited to the Derivatives > “Bonus” balance in the user’s account, with only the highest tier achieved being credited. After claiming the bonus, users can continue trading with it until it is depleted, either through fees or losses. Profits can be withdrawn at any time, and there is no obligation to keep trading after the bonus has been claimed. 

Trading Fees 

To truly grasp the value of Bybit’s EU bonus, it’s essential to break down the trading fees involved in hitting each bonus tier. As things stand, Bybit applies a 0.06% taker fee to market orders, which is the trading volume type counted toward the bonus tiers. 

As shown above, for each tier, the bonus exceeds the trading fees, so even at Tier 7, the user nets around $2,000 in bonus credit after accounting for fees. However, once the VIP discount levels kick in (discussed in the next section), these figures can improve even further.

 

Bybit’s VIP Program Fee 
 

Bybit’s VIP program offers progressively lower trading fees on perpetual and futures contracts based on a trader’s 30-day trading volume, asset balance, or average net borrowing.

At the entry level, VIP 0, available to all users with no minimum requirements, there is a taker fee of 0.055% and a maker fee of 0.020%. As traders move up the tiers, fees decrease substantially, the impact of which (especially on cost efficiency) is significant. 

 

For example, a trader at VIP 3 executing $5,000,000 in derivatives volume would incur just $1,750 in taker fees — nearly half of what they would pay at VIP 0. This translates to a direct increase in net gains, especially when combined with deposit bonuses or other promotional incentives.

 

Conclusion

Many traders may focus on Bybit’s deposit bonuses, but for those trading derivatives at scale, the real financial advantage often lies in Bybit’s VIP-tier fee reductions. To illustrate, a trader executing $5,000,000 in 30-day volume at VIP 0 would incur around $2,750 in taker fees. 
 

At VIP 3, that same volume would cost only $1,750, a savings of $1,000 in a single month. Thus, for high-frequency or institutional traders, such reductions can outweigh deposit bonuses many times over, functioning as a long-term discount on trading costs rather than a one-off perk.
 

That said, the EU deposit bonus can still offer significant value for new accounts seeking to accelerate their growth. By meeting both the deposit and trading volume thresholds, with only “taker” trades on derivatives typically counting toward the requirement, eligible users can claim up to $5,000.  

If you're residing within the European Union, make sure to create an account on Bybit EU and claim your deposit bonus.
 

Outside the EU, Bybit also runs a global deposit bonus program with rewards of up to $30,000, which could be worth exploring if you qualify. Full details are available here.