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ByBit is a cryptocurrency derivatives platform where you can buy, sell and trade multiple assets. It was founded in 2018 by the current CEO, Ben Zhou. There are over 2 million registered users on the exchange. Note that ByBit is not accessible to US citizens.

The platform is very intuitive and easy to use. The trading environment is complete and looks like the current exchanges leader.
You can directly buy cryptocurrencies in FIAT on ByBit through third-party services. The platform allows you to access 100x leverage on derivative contracts. It also offers other interesting services such as flexible staking, yield farming, or a Lauchpool to acquire new tokens.
You can trade around 100 spot cryptocurrencies on the platform, mostly in USDT pairs. Almost half are available in perpetual and futures contracts.
ByBit has a very good security system. They instantly send deposit funds to a cold storage wallet and have never been hacked.
The exchange handles high volume traffic well.
Maker fees are 0.02% and taker fees 0.075%, which is in the good average compared to the general market.
Last Update

December 11, 2021

Founder(s)

Ben Zhou

ByBit Creation Date

2018

Headquarters Address

Campbells, Floor 2 Romasco Place, Road Town, Tortola, British Virgin Islands

Rating:

Ergonomics and ease of use

5/5

Choice and quality of available services

4/5

Number of relevant crypto projects listed

3/5

Security mechanisms and past vulnerabilities

4/5

Availability of the platform and its services

4/5

Cost of various fees (the higher the score is, the lower the fees are)

4/5

Services:

0
Service Tags
Buy & Sell Crypto with FIAT
Saving
Farming
Private Sales
Mobile App
Spot Trading
Margin Trading
Futures Trading
Crypto Gifts
Documentation
API

Payment Methods:

Bank Transfer
Credit Card
PayPal

Community rating:

0
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