Bybit promo code vs referral code: MNTR and what each does

Updated 2026-09-03

"Promo code" is the phrase people search for, and on Bybit it covers three different things that work in three different ways. Using the wrong one, or entering the right one in the wrong place, is the most common reason a new account ends up with no welcome rewards. This page separates them.

Up to $30,020 in welcome rewards with code MNTR

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The referral code: MNTR

A referral code is entered once, at registration, and attaches a new account to a referrer. It is the only kind of code that unlocks Bybit's welcome programme, which is capped at $30,020 and starts with a $100 sign-up bonus, 10 USDT for a first deposit and 15 USDT for a first trade. The code on this site is MNTR; our link applies it automatically, and if you register from the Bybit app instead you type it into the referral code field on the sign-up screen.

Two things about referral codes that the word "promo" hides. First, the code does not expire or run out; it is a permanent identifier, not a campaign. Second, it cannot be added later. If an account was opened without one, it stays without one, and opening a second account under the same identity breaches Bybit's terms and gets both frozen at verification.

Bybit pays the referrer a share of the trading fees the new account generates, starting at 20% of that fee income. That is where our commission comes from, and the reason the short disclosure appears above every button on this site; it costs the new user nothing and does not change their fee schedule.

Campaign promo codes

Bybit occasionally runs promotions with a code that is redeemed after registration, usually in the rewards hub or on the campaign's own page. These are time-limited, product-specific and often region-specific: a code from a derivatives campaign in one country will do nothing for a spot trader in another. They do not replace the referral code and they do not attach the welcome programme.

If you see a "Bybit promo code" on another site with a precise dollar figure and an expiry date, it is either one of these campaign codes, an expired one, or a referral code being described with a countdown to make it feel urgent. Referral codes have no countdown.

Rewards hub coupons

Once the account exists, the rewards hub inside it holds coupons and bonuses: the welcome rewards themselves, deposit bonuses, fee-offset coupons for particular products, and the mystery box of up to 1,000 USDT that opens at 10,000 USD of trading volume. Each has its own short terms and expiry. No code is needed to see them; they are attached to the account, and reading their terms takes a minute.

Which one you actually need

For a new account, the referral code is the only one that matters at sign-up, because it is the only one with a deadline you cannot recover from. Register through the button on this page or type MNTR into the referral field, verify identity, and then look in the rewards hub for everything else. The claim guide lists the deadlines in order, and the referral code page has the full ladder with each condition.

What no code does

No Bybit code lowers the fee schedule, removes identity verification, raises withdrawal limits or makes Bybit available in a country where it is restricted. Our link checks your country before it redirects and shows an explanation instead of a sign-up form if you are in a blocked location; the availability guide explains how that works. Anything a code "unlocks" beyond the rewards described above is a description of something that does not exist.

Frequently asked questions

What is the Bybit promo code for 2026?
The code on this site is MNTR. Strictly it is a referral code, entered at registration, and it is the only kind of code that attaches Bybit's welcome programme of up to $30,020 to a new account. Campaign promo codes and rewards-hub coupons are separate and apply after registration.
Where do I enter a Bybit promo code?
A referral code goes in the referral code field on the sign-up form, or is applied automatically by a referral link. Campaign promo codes and coupons are redeemed inside the rewards hub after the account exists.
Can I add a promo code after registering?
Campaign codes and coupons, yes, in the rewards hub. A referral code, no. Referral attribution happens once at registration and Bybit does not add it afterwards.
Does a promo code lower my trading fees?
Not by itself. Fees are set by your account's tier. Some coupons offset fees on a specific product for a set period, but no code changes the fee schedule.

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