Bybit

What is Bybit?

Bybit is a cryptocurrency centralized exchange (CEX) that offers a professional platform featuring an ultra-fast matching engine, quality customer service, and multilingual community support for crypto traders of all levels. Established in March 2018, Bybit currently serves more than 10 million users and institutions, offering access to over 100 assets and contracts across Spot and crypto derivatives like futures and options, launchpad projects, earn products, an NFT Marketplace, and more. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR), City Esports, and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

The platform offers the following products: Spot, Derivatives (USDT perpetual, USDC perps, inverse perps, futures, USDC options, leveraged tokens), NFT Marketplace, Bybit Earn, Buy Crypto, and Options.

Who are the Bybit founders?

It was established by its founder and CEO, Ben Zhou. After graduating from the University of Pennsylvania, Zhou returned to China and worked for 7 years at XM, one of the largest forex brokerage companies in China. In 2018, he co-founded the crypto derivatives exchange Bybit.

When did Bybit launch?

Bybit was launched in March 2018.

Where is Bybit located?

The company is registered in the British Virgin Islands as Bybit Fintech Limited and is headquartered in Dubai, UAE, under Bybit Fintech FZE.

Bybit-restricted countries

The global platform is available to customers worldwide, except for countries with service restrictions, such as the U.S., Singapore, Cuba, Crimea, Sevastopol, Iran, Syria, North Korea, Sudan, and Mainland China.

What coins are supported on Bybit?

Bybit has over 100 crypto tokens listed and over 300 spot trading pairs, including major coins like BTC, ETH, BIT, SOL, APE, DYDX, LTC, DOGE, AVAX, MATIC, DOT, and more.

How Much Are Bybit Fees?

Bybit charges a tiered fee structure based on a maker-taker model. Tier levels include non-VIP, VIP 1, VIP 2, VIP 3, Pro 1, Pro 2, and Pro 3. For non-VIP-level users, maker and taker fees are 0.10% for spot trading and 0.06% (taker) and 0.01% (maker) fees for perpetual and futures trading. For Pro 3, spot trading fees are 0.02% (taker) and 0% (maker), and derivatives trading fees are 0.03% (taker) and 0% (maker).

Is It Possible to Use Leverage or Margin Trading on Bybit?

The exchange also offers trading with up to 100X leverage on crypto derivatives products. Available products include BTC/USD, ETH/USD, XRP/USD, EOS/USD, and more perpetual contracts. Users can use isolated margin and cross margin as well. Customers have access to inverse perpetuals, crypto futures, crypto options, and leveraged tokens.