Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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Bybit Exchange is a global cryptocurrency platform that started as a derivatives trading platform and has since expanded into spot trading, copy trading, and NFT marketplaces. It supports trading with up to 100x leverage on various assets like Bitcoin, Ethereum, and XRP.
Launched in 2018, Bybit is known for its high-performance trading tools, security measures, and user-friendly interface. The platform is used by traders of all levels and is accessible in over 160 countries.
To use Bybit, you need to create an account with your email or mobile number and complete identity verification. Once registered, you can deposit funds in crypto or fiat and start trading.
The platform supports spot and derivatives trading, and advanced users can access copy trading or use automated bots to execute trades. Bybit’s interface allows users to easily toggle between spot and margin trading, and its mobile app ensures seamless trading on the go.
Bybit offers competitive fees. For spot trading, the maker-taker fee is 0.1%, while derivatives trading fees start at 0.02% for makers and 0.055% for takers.
Bybit also has a tiered fee structure, providing discounts for high-volume traders.
Additionally, deposit fees are generally free, but there are withdrawal fees, which vary based on the cryptocurrency being withdrawn.
Bybit is headquartered in Dubai, UAE, but serves customers in over 160 countries.
It operates under regulatory oversight from several jurisdictions, including Dubai’s Virtual Assets Regulatory Authority.
While Bybit doesn’t support users from the U.S., it remains a prominent exchange for international traders.