Bybit Review
Expert reviewFounded in March 2018 and registered in the BVI, Bybit is a centralized cryptocurrency exchange that empowers crypto traders with an ultra-fast matching engine, exceptional customer service, and multilingual community support. The company caters to both retail and institutional clients worldwide, providing innovative online spot and derivatives trading services, mining and staking products, and API support. Driven by a vision to become the most trusted exchange in the burgeoning digital asset class, Bybit relentlessly strives to deliver a faster, fairer, and more humane trading experience.
Helmed by Ben Zhou, a former executive at XM, one of the world’s leading forex and CFD trading brokerage firms, Bybit’s team comprises seasoned professionals from investment banks, tech giants, the forex industry, and blockchain pioneers. Its development team boasts talents from Morgan Stanley, Baidu, Alibaba, and Tencent. Guided by core values of empathy, care, and continuous improvement, Bybit has established itself as one of the most dependable, reliable, and transparent cryptocurrency derivatives platforms in the industry.
Headquartered in Singapore, Bybit maintains offices in Hong Kong and Taiwan, serving a global clientele spanning North America, Europe, Russia, Japan, South Korea, and Southeast Asia. Committed to catering to every user, from individual retail clients to professional derivatives traders, Bybit offers 24/7 multilingual online customer support, ensuring timely and effective solutions to user inquiries. The platform currently supports BTC/USD, ETH/USD, XRP/USD, and EOS/USD perpetual contracts.
$30,000 Deposit Bonus
For a $30,000 deposit bonus, visit: Bybit Deposit Bonus.
Bybit Card
Use your Bybit Card at over 90 million Mastercard merchants worldwide. You can register here: Bybit Card Registration.
You can learn more about the Bybit Card here: Bybit Card Information.
Bybit products and services
Spot
Buy and sell crypto seamlessly — anytime, anywhere
Derivatives
Hedge, speculate and trade with optimized products and advanced tools
Copy Trading
Copy Trade on Spot and Futures, and grow your digital assets easily
Buy Crypto
Get your favorite tokens in just three simple steps at Bybit
Earn
Grow your assets with our secure, high-yield digital assets
Learn
Level up your crypto knowledge and stay on top of industry highlights
NFT Marketplace
Discover cutting-edge NFTs from creators worldwide with Bybit
Web3
Embark on the Web3 revolution with ease – Learn, Swap and Explore
Bybit Card
Use your Bybit Card at over 90 million Mastercard merchants worldwide.
What Bybit outstands for
RELIABILITY
- Unparalleled Customer Support – Dedicated live agents, available 24/7
- Available and Active Globally – Available in over 160 countries and 16+ languages
- No Outage or Breach Since Our Inception – Protected by industry-leading security and enhanced by leading blockchain custodial solutions
- Robust Security Frameworks & 99.99% Functionality – 100k TPS matching engine and zero server downtime
PRODUCTS
- Widest Range of Easy-to-Use Trading and Web3 Products – Wallet | Fiat | P2P | Card | Earn | Spot | Derivatives | NFT
- Latest Automated Trading Tools – Copy Trading, Al-powered bots, charting and trading tools
- First-in-Market USDC Options – World’s Largest USDC Options Marketplace
OPPORTUNITIES
- Bybit Wallet – Your gateway to Web3 in just one click
- Next-Level Liquidity – Industry-leading liquidity across Derivatives markets
- Best-in-Market High Yield, Low Risk Investments – Bybit Earn and Crypto Loans
FAQ about Bybit exchange
Bybit is particularly known for its derivatives trading, including futures contracts, making it a preferred choice for professional traders who focus on high-leverage trades and risk management strategies.
Yes, Bybit provides an intuitive platform along with learning resources and demo accounts, allowing new traders to practice before trading live. This setup helps users gain confidence and familiarity with the platform.
Bybit has a reputation for security, using multi-signature cold wallets, encryption, and 24/7 monitoring. This system ensures that funds remain safe and insulated from unauthorized access.
New users often benefit from welcome bonuses, which can include deposit matches, fee discounts, or free crypto assets. Bybit’s promotions page frequently updates to reflect ongoing rewards and offers.
Absolutely. Bybit offers staking options and savings accounts where users can earn interest on their assets. These are great choices for users looking to grow their holdings without active trading.
Bybit’s support team is available 24/7 through live chat, email, and an extensive help center. They prioritize customer service and aim to resolve issues efficiently and accurately.
Holding BIT, Bybit’s native token, comes with perks like trading fee discounts, voting power on governance issues, and access to exclusive events and promotions.
Yes, Bybit has a highly-rated mobile app available for both Android and iOS, offering the same trading features as the desktop version. This allows users to trade and manage assets on the move.
Pros and cons
Pros of the exchange
- Professional-Grade Trading and Matching Engine
- Low Fees
- Advanced Trading Features
- Highly Functional Web and Mobile Trading Platform
- High Security
- Attractive Referral Program and Bonuses
Cons of the exchange
- Limited Selection of Crypto Assets
- Not Beginner-Friendly, Geared Towards Advanced Traders
