How to Open a Bybit Account: Free Registration, Trading Cryptocurrencies & NFTs, KYC, and Bonuses Explained

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Opening a cryptocurrency exchange account has never been easier—and Bybit stands out as one of the most user-friendly platforms globally. Whether you're interested in spot trading, derivatives with up to 200x leverage, or exploring the world of NFTs, Bybit offers a seamless onboarding experience completely free of charge. This guide walks you through every step—from registration and identity verification to unlocking bonuses and navigating account settings—all updated for 2025.

Step-by-Step Guide to Creating a Bybit Account

Creating a Bybit account takes less than a minute and requires only basic information. There are no fees involved, making it risk-free to sign up. Once registered, you’ll gain access to advanced trading tools, competitive fees, and promotional rewards.

1. Email and Password Setup

Start by visiting the official Bybit website. Click the "Create Account" button and enter your email address and a secure password. The password must be at least 8 characters long and include:

Leave the referral code field as-is unless you have a specific invite. Agree to the terms of service and privacy policy, then click “Create Account” to proceed.

👉 Discover how easy it is to start your crypto journey today.

2. Verify Your Email

Bybit will send a six-digit verification code to your inbox. Enter this code within 10 minutes (the timeout limit) to complete email confirmation. If you don’t receive it, check your spam folder or request a resend.

3. Log In and Complete the Puzzle

After verification, log in using your credentials. Bybit uses a simple puzzle-based CAPTCHA—just drag the slider to match the image fragments. This lightweight security measure helps prevent bots.

4. Enable Two-Factor Authentication (2FA)

Security is crucial when managing digital assets. After logging in, go to “Account & Security” under your profile menu and enable two-factor authentication.

You have two options:

SMS Authentication

Enter your country code and mobile number. A verification code will first be sent to your email, followed by an SMS to your phone. Input both codes to activate SMS 2FA.

Google Authenticator

For stronger protection, use Google Authenticator. Download the app from your device’s app store, scan the QR code provided by Bybit, and enter the generated time-based code. This method works even without cellular service.

Identity Verification (KYC): Why It Matters

While you can begin trading immediately without completing KYC (Know Your Customer), verifying your identity unlocks higher withdrawal limits and additional features.

KYC LevelDaily Withdrawal Limit
Level 0 (Unverified)Up to 2 BTC
Level 1 (ID Verified)Up to 50 BTC
Level 2 (Address Verified)Up to 100 BTC

How to Complete KYC

  1. Go to “Identity Verification” in your account settings.

  2. Choose your document type:

    • Passport
    • National ID card
    • Driver’s license
  3. Upload clear photos of both sides of your ID.
  4. Complete facial recognition by taking a live selfie.
  5. For Level 2, submit proof of address (e.g., utility bill, bank statement, or tax document issued within the last three months).

Approval typically takes around 10 minutes. Once verified, you’ll see a confirmation screen indicating successful submission.

Claim Your Welcome Bonus

Bybit rewards new users with attractive incentives:

First Deposit Bonus

Deposit any supported cryptocurrency within 48 hours of registration and receive:

Eligible minimum deposits:

👉 Maximize your first deposit with exclusive bonus opportunities.

Ongoing Deposit Incentive

Make your first BTC deposit and instantly earn a $5 bonus, regardless of amount. This makes Bitcoin the most rewarding option for initial funding.

Frequently Asked Questions (FAQ)

Q: Is opening a Bybit account really free?
A: Yes. There are no registration or maintenance fees at any stage.

Q: Can I open a demo account?
A: Absolutely. Bybit provides a fully functional demo mode after registration, allowing you to practice trading with virtual funds.

Q: Is there an age requirement?
A: Users must be at least 18 years old. No employment status checks are performed.

Q: Can I create multiple personal accounts?
A: No—only one personal account per individual. However, you can create sub-accounts under your main account for portfolio separation or team access.

Q: Are corporate accounts available?
A: Yes. Businesses can apply for corporate accounts but must provide additional documentation such as business licenses and authorized signatory details.

Q: What should I do if I can’t register?
A: Common issues include using an already registered email, entering incorrect passwords, or missing verification emails (check spam). Contact support at [email protected] if problems persist.

Managing Your Account Settings

After registration, you can update key details like your email address and phone number via the “Account & Security” section. Always ensure contact information is current for smooth recovery and communication.

If you change your mind later, account cancellation is possible through customer support channels. Note that all assets must be withdrawn before closure.

Final Thoughts: Why Bybit Stands Out in 2025

Bybit combines speed, security, and incentive-driven onboarding to deliver a top-tier crypto exchange experience. From zero-cost registration and multi-layered authentication to generous bonuses and NFT trading support, it caters equally to beginners and experienced traders.

Whether you're diving into spot markets, leveraging futures contracts, or testing strategies in demo mode, Bybit removes barriers to entry while promoting responsible usage through structured KYC tiers.

👉 Start trading smarter with powerful tools and real-time insights.

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