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Bybit Review

4.6/5 Rating Founded: 2018 HQ: Dubai, UAE
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Overview

Bybit is a leading cryptocurrency exchange renowned for its derivatives trading platform. Based in Dubai, it offers 600+ cryptocurrencies, competitive fees, and advanced features like copy trading and trading bots.

Pros

  • Excellent derivatives trading platform
  • Fast order execution and matching
  • Copy trading and trading bots
  • Diverse earn products
  • Good mobile app experience

Cons

  • Not available in the US
  • Spot trading selection still growing
  • KYC required for full features

Trading Fees

Fee Type Rate
Maker Fee (Spot) 0.1%
Taker Fee (Spot) 0.1%
Deposit Fees Varies by method (Bank transfers usually free)

*Fees may be lower for high-volume traders or when paying with native tokens.

Key Features

  • 🪙
    600+ Coins Supported Assets
  • 📈
    100x Leverage Max Leverage
  • 💳
    4 Methods Deposit Options
  • 🛡️
    High Security Proof of Reserves

Frequently Asked Questions

Is Bybit safe?

Yes, Bybit is considered a safe platform with a rating of 4.6/5. It employs industry-standard security measures like cold storage and 2FA. However, always enable all security features on your account.

Can I use Bybit in the US?

Please check the latest regulatory status. Many international exchanges have restrictions for US customers or offer a separate US-specific platform.

4.6 /5

Overall Rating

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Quick Facts

Founded 2018
HQ Dubai, UAE
Mobile App Yes (iOS/Android)