Guides Bybit VIP

Upgraded VIP Exclusive Benefits — Dual Asset 2.0

Intermediate
Bybit VIP
15 มี.ค. 2023

Upgraded VIP Exclusive Benefits — Dual Asset 2.0 

At a glance

Bybit Dual Asset is a short-term speculative investment product that lets traders capitalize on small market price movements by predicting a crypto asset's direction. Dual Asset 2.0 is an upgraded version that deploys a concept similar to its predecessor’s in order to help traders generate higher returns on capital with enhanced flexibility. 

Key Takeaways:

  • Dual Asset 2.0 lets traders earn enhanced returns on capital on small market price movements. 

  • VIP traders can unlock higher rewards and perks, including optimized subscription cooling periods and yield generation periods. 

What Is Dual Asset 2.0? 

Bybit Dual Asset 2.0 refers to a short-term Earn product that lets traders participate in asset investment to receive additional yields on top of their purchased crypto assets within a predetermined date. There are two product types in Dual Asset 2.0, Buy Low and Sell High, so traders can either sell the crypto asset at a higher price or buy on dips. 

Learn more:What Is Bybit Dual Asset 2.0?

Bybit VIP Traders vs. Regular Users on Dual Asset 2.0

Bybit VIP traders are essentially traders who have enrolled in our VIP program. With the newly upgraded Bybit VIP tier system and the recent launch of Supreme VIP, traders can unlock higher rewards and perks more easily than ever. In the new system, our maker and taker fees for derivatives are adjusted competitively, and VIP traders can enjoy dedicated account managers for customized requests on demand. VIP traders are also entitled to exclusively curated private events, gifts and airdrops.

Taking Bybit Dual Asset 2.0 as an example:  

Bybit VIP

Regular User

Subscription Period

16 hours

24 hours

Yield Generation Period

8 hours

1/3/5 days

Investment Amount

Unlimited

Unlimited

Subscription Frequency

Unlimited

Unlimited

Note:

  • The available subscription time for VIP-only products is valid from 8AM to 12AM (+1) UTC only. 

  • Only VIP traders on Bybit are granted access to a subscription that is 16 hours and followed by 8 hours of yield generation. Regular users can still enjoy unlimited subscription frequency and investment amount, but the minimum lock-up period is locked at T+1 day.

Start Investing in Bybit Dual Asset 2.0

Why Should You Upgrade to VIP Trader?

Bybit's VIP offers some of the most competitive rewards and perks. With the newly revamped VIP tiers, VIP Traders can unlock even more perks. Here are some of the key benefits to be aware of. 

Revamped VIP Tiers with Upgraded Perks

Compared to the previous version, Bybit has introduced more VIP levels, including VIP 4, VIP 5 and VIP 99. At the same time, we've also lowered the required asset balances and trading volumes for VIP 2 and VIP 3. In addition, traders at VIP 3 and above can enjoy taker fee rates as low as 0.030%.

Bybit VIP Program Fee Structure

Stay updated with the newly revised Bybit VIP trading fees and structure with better perks!

Exclusive VIP Perks

  • VIP Welcome gifts for VIP Level 2 and above

  • Birthday gifts from VIP Level 3 and above

  • Dedicated VIP Ambassador for VIP Level 2 onwards

  • Exclusive trading fee discounts with lower entry criteria

  • Red Bull Racing tickets and other VIP-only events

  • Exclusive industry insights reports

  • Priority access to Bybit customer support live chat

Join Us to Become a Bybit VIP

How to Become a Bybit VIP

If you're already a VIP trader on other exchanges, you can still easily convert to a Bybit VIP. Here's how: 

Summary:

In general, there are two ways to become Bybit VIP: 

  • Option 1: A Bybit user who deposits more than $100K in their trading account will be eligible for VIP status. 

  • Option 2: Bybit offers a one-month free upgrade to your matching VIP status plus an additional level (VIP+1). Eg: If your VIP status is Level 2 from exchange X, Bybit will match the status plus one additional level, which your VIP level will be bumped up to Level 3 on Bybit. 

Either way that you choose to upgrade your account, here are the simple steps to help you get started with Bybit VIP:

Step 1: Log in or sign up for a Bybit Account 

Sign up for a Bybit account if you’re new. If you’re already an existing Bybit user, you may present your Bybit UID to our VIP team to upgrade your account to a VIP status account.

Step 2: Verify your information

Ensure all required information (login details and proof of trading volume) are ready for verification. 

Step 3: Confirmation of VIP status

We will upgrade you to the matching level on the other exchange plus one if you meet all of the VIP requirements.  

Learn more: Bybit VIP PLUS ONE

Step 4: Check your VIP status

You can view your VIP Level by navigating to your account profile icon. From there, you can view your VIP details, including trading perks, VIP status, rewards and more.