I’d say Bybit’s got the edge. Both are solid crypto trading platforms, but Bybit just feels smoother and more trustworthy overall. Their interface is super clean and easy to use, which is clutch when you’re trading fast. Plus, Bybit’s got way more trading volume, so you get better liquidity and tighRead more
I’d say Bybit’s got the edge. Both are solid crypto trading platforms, but Bybit just feels smoother and more trustworthy overall. Their interface is super clean and easy to use, which is clutch when you’re trading fast. Plus, Bybit’s got way more trading volume, so you get better liquidity and tighter spreads — that means your orders get filled quicker and at better prices.
Bybit also has a bigger user base, so the community and support are stronger. They’re always dropping cool features, like their super detailed affiliate program and the exclusive events they throw (think F1 Red Bull Racing VIP passes — that’s next level). Their security is top-notch too, so you don’t have to worry about your funds.
Phemex is decent and has some perks, but if you want a platform that’s reliable, packed with features, and a bit more established, Bybit is the way to go.
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Which platform has lower fees, Bybit or Binance?
it kinda depends on what you’re trading and how much. But generally, Bybit and Binance are pretty close when it comes to fees. Bybit usually has low trading fees around 0.1% for spot and futures, and they even offer some fee discounts if you hold their native token or hit higher volumes. Binance alsRead more
it kinda depends on what you’re trading and how much. But generally, Bybit and Binance are pretty close when it comes to fees. Bybit usually has low trading fees around 0.1% for spot and futures, and they even offer some fee discounts if you hold their native token or hit higher volumes.
Binance also has a 0.1% base fee for spot trading, but they give extra discounts if you pay fees with BNB (their coin), so that can make it even cheaper.
If you’re trading futures, Bybit’s fees are competitive and sometimes a bit lower, especially with their maker-taker fee model. Binance also has similar fees but can get a bit more complicated with tiers and VIP levels.
So, if you want simpler, solid low fees, Bybit is great. Binance can be cheaper if you use their coin for fees and trade a lot.
See lessWhich is a better platform, Bybit or Binance?
Binance is like the giant of crypto exchanges—tons of coins, crazy high liquidity, lots of features, and all the fancy stuff like futures, options, staking, NFTs, and more. It’s kinda the go-to for most people because it has so much variety and global reach. Bybit, on the other hand, started more foRead more
Binance is like the giant of crypto exchanges—tons of coins, crazy high liquidity, lots of features, and all the fancy stuff like futures, options, staking, NFTs, and more. It’s kinda the go-to for most people because it has so much variety and global reach.
Bybit, on the other hand, started more focused on derivatives and futures trading, and they’ve been leveling up fast. Their interface is super user-friendly, especially for newcomers, and their affiliate program is really solid if you wanna earn from referrals. They also have some cool features and fast payouts, plus those exclusive events if you get into the community.
If you want the biggest, widest choice with crazy volume, Binance wins. But if you want a smooth, easy-to-use platform with strong derivatives trading and perks for affiliates, Bybit is awesome.
So… for casual spot trading, Binance probably edges out. But for futures trading and affiliate perks, Bybit’s got a strong case.
Which one fits you best depends on what you wanna do in crypto!
See lessHow do I recover a token mistakenly sent to Bybit but not listed on Bybit?
First, log in to your Bybit account and check your Funding → History page. If you see something like “Unsupported Coin” or “Pending Asset,” that’s actually a good sign. Option 1: Easy Recovery If your deposit shows up there, Bybit has this self-service recovery thing. Just click on the token, drop aRead more
First, log in to your Bybit account and check your Funding → History page. If you see something like “Unsupported Coin” or “Pending Asset,” that’s actually a good sign.
Option 1: Easy Recovery
If your deposit shows up there, Bybit has this self-service recovery thing. Just click on the token, drop a wallet address that supports it (not a Bybit one), pay a small fee in USDT, and boom — they’ll send it back to that address.
Option 2: Manual Recovery (if it doesn’t show up)
If your deposit isn’t showing up anywhere, then yeah… you gotta fill out a form. Go to their Help Center and look for the Asset Recovery Form.
You’ll need stuff like:
But heads up:
So yeah, try the self-service option first if you can. Next time, just double-check the token is supported before sending anything — crypto doesn’t really do take-backs 😅
See lessIs Bitmex currently allowing US customers to use their new platform, Bybit?
No, Bybit does not allow U.S. customers to use its platform. The United States is among the jurisdictions explicitly restricted by Bybit due to regulatory compliance concerns. Attempting to access Bybit from the U.S., even through methods like VPNs, can lead to account suspension or loss of funds. SRead more
No, Bybit does not allow U.S. customers to use its platform. The United States is among the jurisdictions explicitly restricted by Bybit due to regulatory compliance concerns. Attempting to access Bybit from the U.S., even through methods like VPNs, can lead to account suspension or loss of funds.
Similarly, BitMEX also restricts U.S. users from accessing its services. Both exchanges implement geo-blocking and require Know Your Customer (KYC) verification that excludes U.S. residents .
For U.S. residents interested in cryptocurrency trading, it’s advisable to use exchanges that are compliant with U.S. regulations, such as Kraken, Coinbase, or Gemini.
See lessWhich platform has lower fees, Bybit or Margex?
Margex usually has lower fees than Bybit. On Margex, maker fees are like 0.019% and taker fees around 0.06%. Bybit’s fees are a bit higher unless you’re a VIP or do tons of trading — then you can get discounts. Also, Margex doesn’t ask for KYC, which is cool if you want to stay low-key. Bybit does rRead more
Margex usually has lower fees than Bybit. On Margex, maker fees are like 0.019% and taker fees around 0.06%. Bybit’s fees are a bit higher unless you’re a VIP or do tons of trading — then you can get discounts.
Also, Margex doesn’t ask for KYC, which is cool if you want to stay low-key. Bybit does require KYC but has more features and promos if you’re into that.
So if you just want low fees and no fuss, Margex is the cheaper option. But if you want more tools and don’t mind a bit more paperwork, Bybit’s solid too.
See lessWhat are the advantages of Bybit as an MT5 crypto broker?
Alright, so if you’re into MT5 and crypto, Bybit’s actually a solid choice. Here’s why: MT5 + Crypto = Power Combo MT5 is already dope for trading — fast, customizable, supports bots and indicators, all that good stuff. Now imagine that, but for crypto. Bybit lets you do exactly that. Super Low LateRead more
Alright, so if you’re into MT5 and crypto, Bybit’s actually a solid choice.
Here’s why:
MT5 is already dope for trading — fast, customizable, supports bots and indicators, all that good stuff. Now imagine that, but for crypto. Bybit lets you do exactly that.
No one wants lag in trading, especially with crypto moving like crazy. Bybit’s MT5 setup is optimized for fast order execution, so you don’t get wrecked by delays.
Yeah, you read that right. MT5 users can go up to 500x leverage. Crazy risky, but if you know what you’re doing, it’s a game changer.
Bybit gives you access to a massive lineup of over 1,200 cryptocurrencies. Not just the big names — loads of alts to choose from.
The fees are chill too — super competitive starting at just 0.1%. Keeps more money in your pocket.
They’ve got cool stuff like copy trading if you wanna follow pros, an NFT marketplace to dive into crypto art, and even free demo accounts to practice without risking real cash.
No need for a separate wallet or platform. Your MT5 account is tied to your main Bybit wallet, so moving funds around is super easy.
You can run trading bots and automated strategies on MT5. If you’re into algo trading, this is a big win.
MT5 usually means forex and stocks, which have hours. But with Bybit, you get the MT5 power with 24/7 crypto markets. No sleep, just trading 😎
Bybit keeps your funds safe with a dual wallet system, adding extra layers of security so you don’t have to stress.
Bybit’s been around, they’re not some sketchy no-name broker. Your funds and trades are in safer hands.
So yeah, if you already like MT5 and want to level up your crypto game, Bybit makes it pretty seamless. Definitely worth checking out.
See lessHow long does it take to receive a bitcoin from Cash App to the Bybit app?
Usually not that long, man. After you send Bitcoin from Cash App, it goes through the Bitcoin network, which takes like 30 to 60 minutes most of the time — depending on how busy the network is. Cash App sends it out pretty quick once you hit “withdraw,” and then Bybit just waits for a few confirmatiRead more
Usually not that long, man. After you send Bitcoin from Cash App, it goes through the Bitcoin network, which takes like 30 to 60 minutes most of the time — depending on how busy the network is.
Cash App sends it out pretty quick once you hit “withdraw,” and then Bybit just waits for a few confirmations (usually 3) before it shows up in your account.
So yeah, if the network isn’t slammed, you should see your BTC in Bybit in under an hour. Just keep an eye on the transaction and you’re good.
See lessIs Bybit a safer option for trading than Coinbase?
Tbh, both are solid, but they kinda serve different types of users. Coinbase is more “mainstream,” ya know? It’s based in the U.S., super regulated, and it’s great for beginners who just wanna buy crypto with a few taps. So yeah, it’s pretty safe in terms of compliance and all that. But they do askRead more
Tbh, both are solid, but they kinda serve different types of users.
Coinbase is more “mainstream,” ya know? It’s based in the U.S., super regulated, and it’s great for beginners who just wanna buy crypto with a few taps. So yeah, it’s pretty safe in terms of compliance and all that. But they do ask for a lot of KYC stuff and sometimes freeze accounts for “security checks,” which can be annoying.
Bybit, on the other hand, is more for people who are into trading — like futures, leverage, and all the spicy stuff. It’s based offshore (not in the U.S.), so it’s less regulated but also gives you more freedom. It’s got solid security features, and a lot of pro traders use it. But yeah, since it’s not under strict U.S. laws, you kinda gotta trust their reputation and your own security habits.
See lessWhat do people do with KYC for Bybit after buying it?
So, after you’ve bought crypto or deposited funds on Bybit, the KYC (Know Your Customer) step is basically to verify who you are. People usually upload some ID—like a passport or driver’s license—and sometimes a selfie for proof. It’s like Bybit making sure you’re legit and not a robot or someone trRead more
So, after you’ve bought crypto or deposited funds on Bybit, the KYC (Know Your Customer) step is basically to verify who you are. People usually upload some ID—like a passport or driver’s license—and sometimes a selfie for proof. It’s like Bybit making sure you’re legit and not a robot or someone trying to do sketchy stuff.
Once you finish KYC, you get higher withdrawal limits and access to more features on Bybit, like bigger trading amounts or certain promotions. Also, it helps keep the platform safe for everyone.
Most people just do it once and then forget about it, since it’s just a one-time verification to unlock all the cool stuff.
See lessIs it legal to purchase a verified Bybit account in the United States?
that’s not a good idea. Bybit doesn’t even allow people from the U.S. to use their platform — it’s literally in their rules. So if you try to buy a verified account, you’re breaking their terms and possibly messing with U.S. laws too. Even if you manage to get one, there’s a high chance they’ll shutRead more
that’s not a good idea. Bybit doesn’t even allow people from the U.S. to use their platform — it’s literally in their rules. So if you try to buy a verified account, you’re breaking their terms and possibly messing with U.S. laws too.
Even if you manage to get one, there’s a high chance they’ll shut it down once they find out you’re from the U.S. Plus, if you had any crypto in there? Say goodbye to that too. Not worth the risk.
If you’re in the States, just stick to exchanges that are legal there — like Coinbase, Kraken, or Gemini. Keeps things chill and safe.
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