(4.0 / 5)2+ Ratings

Bybit Reviews

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Overall Rating

4.0
2 Reviews
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About Bybit

Bybit.com-en is a platform for cryptocurrency exchange. It allows users to buy, sell, and trade Bitcoin (BTC), Ether (ETH), and other altcoins. The platform provides access to both the spot and futures market. Users can also stake their coins securely.

In addition to these services, Bybit offers a range of products including Copy Trading, where top traders can work for users, and a Trading Bot for navigating the crypto world on autopilot. They also provide a Bybit Card for seamless conversion and payment with crypto worldwide. Users can trade Spot, Derivatives, and Options from one unified trading account.

Bybit also offers a Web3 platform for next-level reliability, innovation, and opportunities in Web3. Users can log in to kick-start their crypto journey, level up their trading experience, and earn crypto rewards. Registration on Bybit is straightforward, requiring only an email address or mobile number.

This platform aims to provide a secure and hassle-free trading experience for its users. It's a comprehensive platform for anyone interested in the world of cryptocurrency trading.

Remember, always exercise caution and do thorough research when engaging in cryptocurrency trading. Cryptocurrency investments carry a high level of risk and are not suitable for all investors. Always seek advice from an independent financial advisor if you have any doubts.

Hope this information helps! Feel free to ask if you have more questions.

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Bybit Customer Reviews (2)

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Kelly Randolph
Kelly Randolph
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Aug 4, 2024
Maik Barth
Maik Barth
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Aug 2, 2024

Bybit Customer’s Q&A

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Bybit Features and Benefits

Bybit.com-en offers a range of features and benefits for its users. Here are some key ones:

  • Unified Trading Account (UTA): This feature simplifies the trading experience by combining trading and cross-collateral margining under one single account. It supports one-click access to all of Bybit’s core trading products — Spot, USDT Perpetual, USDC Perpetual, and USDC Options.

  • Diverse Trading Products: The platform supports a wide array of products, including Spot, Spot Margin, Leveraged Tokens, USDT Perpetual/USDC Perpetual/Futures contracts, and USDC Options.

  • Crypto Loans and Copy Trading: Bybit offers crypto loans and a copy-trading system that follows the trades of professional traders.

  • Bybit Crypto Debit Card: This card offers a convenient way for users to convert and pay with crypto worldwide.

  • NFT Marketplace: Users can explore the world of Non-Fungible Tokens (NFTs) on Bybit's marketplace.

  • Extensive Range of Trading Instruments: The platform provides an extensive range of trading instruments with leverage trading options.

  • Ultra-Fast Matching Engine: This feature allows for instantaneous trade executions.

  • Multilingual Customer Support: Bybit offers customer support in multiple languages, catering to a global user base.

These features make Bybit a comprehensive platform for anyone interested in cryptocurrency trading. However, always exercise caution and do thorough research when engaging in cryptocurrency trading. Cryptocurrency investments carry a high level of risk and are not suitable for all investors. Always seek advice from an independent financial advisor if you have any doubts.

Feel free to ask if you have more questions.

Bybit Pricing

Bybit.com-en has a structured fee system that varies based on the user's profile and the type of trading product. The fee structure is different for Non-VIP and VIP users. Users can enjoy higher trading fee discounts according to different VIP levels. The VIP level will be determined based on your asset balance or last 30-day trading volume.

Here are some examples of the trading fee rates for various products and the criteria required for each VIP level:

  • Spot Trading: For Non-VIP users, the taker fee rate is 0.1000% and the maker fee rate is 0.1000%. For VIP 1 users, the taker fee rate is 0.0800% and the maker fee rate is 0.0675%. The rates decrease as the VIP level increases.
  • Perpetual & Futures Contracts Trading: For Non-VIP users, the taker fee rate is 0.0550% and the maker fee rate is 0.0200%. For VIP 1 users, the taker fee rate is 0.0400% and the maker fee rate is 0.0180%. The rates decrease as the VIP level increases.
  • USDC Options Trading: For Non-VIP users, the taker fee rate is 0.0200% and the maker fee rate is 0.0200%. For VIP 1 users, the taker fee rate is 0.0200% and the maker fee rate is 0.0150%. The rates decrease as the VIP level increases.

Please note that the actual fee rates may vary depending on your region. For the accurate fee rates, always refer to the My Fee Rate page after completing Identity Verification.

Remember, always exercise caution and do thorough research when engaging in cryptocurrency trading. Cryptocurrency investments carry a high level of risk and are not suitable for all investors. Always seek advice from an independent financial advisor if you have any doubts.

Feel free to ask if you have more questions.

Payment Method

Bybit.com-en supports a variety of payment methods for its users. Here are some key ones:

  • Crypto Deposit: Users can transfer crypto from an external wallet or another exchange via blockchain transaction to their Bybit account.

  • Buy Crypto Using Fiat Currencies: Users can buy BTC, ETH, USDT, and more using multiple fiat currencies with different transfer methods on Bybit. The service is mainly provided by using the four channels below:

    • Credit/Debit Card Payment: Users can buy crypto directly with their credit or debit cards using fiat currencies.
    • Fiat Deposit
    • Third-Party Payment
    • P2P Trading
  • P2P Trading: Bybit's P2P trading platform supports more than 80 payment methods, including card payments, instant bank transfers, in-person cash payments, and more. Users can conveniently buy and sell USDT, USDC, BTC, or ETH using their fiat currency for deposits and withdrawals in P2P trading.

Please note that the actual payment methods may vary depending on your region. For the accurate payment methods, always refer to the My Payment Method page after completing Identity Verification.

Remember, always exercise caution and do thorough research when engaging in cryptocurrency trading. Cryptocurrency investments carry a high level of risk and are not suitable for all investors. Always seek advice from an independent financial advisor if you have any doubts.

Feel free to ask if you have more questions.

Bybit FAQs

FAQ

Bybit Alternatives

Here are some of the top alternatives to Bybit.com-en:

  1. Binance: Known for its wide range of trading options and user-friendly platform.
  2. Kraken: Offers a variety of cryptocurrencies and is popular among US traders.
  3. Kucoin: A good alternative for altcoin traders.
  4. Primexbt: Best for trading multiple assets.
  5. Phemex: Known for advanced trading features.
  6. OKX: A popular choice for trading bots.
  7. Bitget: Better alternative for passive crypto earnings.
  8. Coinbase: Known for a wide variety of cryptocurrencies.
  9. eToro: Popular for social trading features.
  10. FXPRIMUS: Known for its advanced trading tools.

Each of these platforms offers a unique blend of features and services that cater to different trading needs and preferences of crypto traders. Always exercise caution and do thorough research when engaging in cryptocurrency trading. Cryptocurrency investments carry a high level of risk and are not suitable for all investors. Always seek advice from an independent financial advisor if you have any doubts.

Feel free to ask if you have more questions.

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