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Shiraverse

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Shiraverse Latest Questions

Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

What is Bybit code?

Bybit
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    A Bybit code is just a referral code you can use when signing up. It connects your account to the person who invited you, and you usually get some kind of bonus โ€” like a $20 USDT sign-up reward or other perks depending on the promo. So if youโ€™re joining Bybit, you can use my code:Referral Code: shirRead more

    A Bybit code is just a referral code you can use when signing up. It connects your account to the person who invited you, and you usually get some kind of bonus โ€” like a $20 USDT sign-up reward or other perks depending on the promo.

    So if youโ€™re joining Bybit, you can use my code:
    Referral Code: shiraverse
    Just pop that in during sign-up and you’re good to go. Free rewards, no extra steps. Easy.

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Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

How profitable is Bitget & Bybit crypto copy trading?

bitgetBybitcrypto copy trading
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    copy trading on Bitget and Bybit can be pretty profitable, but it really depends on who you follow and how the marketโ€™s doing. Both platforms let you copy experienced tradersโ€™ moves โ€” so if theyโ€™re killing it, you can make some good gains without doing all the research yourself. But itโ€™s not guarantRead more

    copy trading on Bitget and Bybit can be pretty profitable, but it really depends on who you follow and how the marketโ€™s doing.

    Both platforms let you copy experienced tradersโ€™ moves โ€” so if theyโ€™re killing it, you can make some good gains without doing all the research yourself. But itโ€™s not guaranteed money, because crypto is super volatile. Some traders do great, others not so much, and sometimes even the top pros take losses.

    Bitget and Bybit both have solid features for copy trading โ€” like leaderboards, stats on trader performance, and risk controls. That helps you pick better traders to follow. Plus, Bybit has a big user base and fast execution, which is nice.

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Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

Is ByBit legit a platform for cryptocurrency trading?

BybitCryptocurrency
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    Bybitโ€™s actually one of the big names in crypto trading. Itโ€™s been around since 2018, and a lot of serious traders use it, especially for derivatives and futures trading. Like, if youโ€™re into leverage and margin stuff, Bybitโ€™s kinda built for that. Theyโ€™ve got solid security, a clean interface, andRead more

    Bybitโ€™s actually one of the big names in crypto trading. Itโ€™s been around since 2018, and a lot of serious traders use it, especially for derivatives and futures trading. Like, if youโ€™re into leverage and margin stuff, Bybitโ€™s kinda built for that.

    Theyโ€™ve got solid security, a clean interface, and they run some pretty massive promotions too. Plus, they’re official partners with big names like Red Bull Racing โ€” so theyโ€™re definitely not some sketchy pop-up exchange.

    Only thing is, depending where you live, it might not be available because of regulations. So just check that first. But yeah, overall โ€” itโ€™s 100% legit for crypto trading.

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Answer
Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

How do I start a Bybit like crypto exchange platform?

Bybitcryptocrypto exchange
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    So, you wanna build a crypto exchange like Bybit? Thatโ€™s big time. Basically, you need a combo of tech, licenses, money, and trust. First, you gotta have a solid dev team to build the trading engine โ€” the thing that matches buy/sell orders super fast. Youโ€™ll also need wallets to handle crypto deposiRead more

    So, you wanna build a crypto exchange like Bybit? Thatโ€™s big time. Basically, you need a combo of tech, licenses, money, and trust. First, you gotta have a solid dev team to build the trading engine โ€” the thing that matches buy/sell orders super fast. Youโ€™ll also need wallets to handle crypto deposits and withdrawals securely.

    Then thereโ€™s the legal stuff โ€” depending on where you’re launching, youโ€™ll probably need licenses (especially if you’re dealing with fiat). KYC, AML, all that compliance stuff comes into play.

    Youโ€™ll also need serious liquidity โ€” no one wants to trade on an exchange with no action. You might have to partner with market makers at the start.

    Once thatโ€™s rolling, you focus on UI/UX (make it clean), build a killer referral or affiliate program (like Bybit), and start marketing hard.

    Also, security is everything. You mess up here, game over.

    Structured 8-Step Plan to Build a Bybit-Like Exchange:

    1. Research & Plan

    • Study competitors (Bybit, Binance, OKX, etc.).

    • Choose your niche (spot, derivatives, margin, copy trading, etc.).

    • Decide on key features (e.g. leverage, perpetuals, staking).

    2. Legal & Regulatory

    • Choose your jurisdiction: Seychelles, BVI, Dubai, Lithuania, etc.

    • Get necessary licenses (depends on if you handle fiat).

    • Implement KYC/AML compliance tools (use tools like SumSub or Chainalysis).

    3. Tech Development

    • Core features to build or license:

      • Matching engine (high-speed order execution).

      • Wallet system (hot/cold wallet structure).

      • User dashboard and trading interface.

      • Admin panel for risk management and compliance.

    • Hire a strong team or use white-label solutions (e.g. HollaEx, AlphaPoint, or ChainUP).

    4. Liquidity

    • Partner with liquidity providers or market makers.

    • Use APIs to plug into other exchanges for volume in the beginning.

    5. Security

    • Top priority: Secure codebase, DDoS protection, multisig wallets, cold storage.

    • Hire third-party firms for regular audits and penetration tests.

    6. Payment Integration

    • Add fiat gateways if needed (check out providers like MoonPay, Banxa, or Simplex).

    • Enable crypto deposits/withdrawals from day one.

    7. Marketing & Growth

    • Create a killer affiliate/referral program (like Bybitโ€™s).

    • Partner with influencers, run airdrops, or trading competitions.

    • Build community on X (Twitter), Discord, Telegram, etc.

    8. Customer Support & Scaling

    • Provide 24/7 support (chatbots + live agents).

    • Have account managers for VIPs.

    • As you grow, consider launching your own token or expanding into DeFi/NFTs.

     

    Estimated Budget (Rough):

    • MVP Build (basic exchange): $100Kโ€“$500K

    • Full-featured platform like Bybit: $1Mโ€“$10M+

    • Monthly Ops (legal, support, servers, liquidity): $50Kโ€“$200K

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Answer
Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

Do people make money on Bybit?

Bybit
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    People do make money on Bybit. Some folks trade like pros and pull in solid profits, especially with leverage. But honestly, itโ€™s not a guaranteed win โ€” cryptoโ€™s super risky and prices can flip real fast. There are a few ways to make money on there: Trading (spot or futures) โ€” high risk, high rewardRead more

    People do make money on Bybit. Some folks trade like pros and pull in solid profits, especially with leverage. But honestly, itโ€™s not a guaranteed win โ€” cryptoโ€™s super risky and prices can flip real fast.

    There are a few ways to make money on there:

    • Trading (spot or futures) โ€” high risk, high reward kinda deal.

    • Staking and Bybit Earn โ€” more chill, passive income stuff. Not huge returns, but steady.

    • Copy trading โ€” where you just follow pro traders and let them do the work.

    • Affiliate program โ€” share your link, get people to sign up, and earn a cut from their trades. Some people make bank doing that.

    But yeah, it really depends on how smart you play it. Some people kill it, some lose big. Just donโ€™t go all in unless you know what you’re doing.

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Answer
Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

What is the process of moving crypto currency from bybit to another trading platform?

BybitCryptocurrency
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    itโ€™s actually not that hard. Hereโ€™s what you do: Open up your Bybit app or go to the website. Go to your Assets and hit Withdraw. Pick the coin you wanna send (like BTC, ETH, USDT, whatever). Now go to the exchange you're sending it to, and grab the deposit address for that same coin. Copy that addrRead more

    itโ€™s actually not that hard. Hereโ€™s what you do:

    1. Open up your Bybit app or go to the website.

    2. Go to your Assets and hit Withdraw.

    3. Pick the coin you wanna send (like BTC, ETH, USDT, whatever).

    4. Now go to the exchange you’re sending it to, and grab the deposit address for that same coin.

    5. Copy that address and paste it into Bybit.

    6. Choose the right network (super important โ€” like donโ€™t send to the wrong one or your coins are toast).

    7. Type how much you wanna send.

    8. Do the security checks (theyโ€™ll send you codes).

    9. Hit confirm, and youโ€™re done.

    Then just chill for a bit while the transfer goes through. It usually doesnโ€™t take too long.

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Answer
Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

Is ByBit a legitimate trading site, and can it be trusted to trade crypto?

Bybitcrypto
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    Bybit is actually one of the big players in the crypto space. Itโ€™s been around since 2018 and a ton of traders โ€” like millions โ€” use it worldwide. Theyโ€™re known mostly for derivatives trading (like futures), but now they also do spot trading, copy trading, and even have their own launchpad and earnRead more

    Bybit is actually one of the big players in the crypto space. Itโ€™s been around since 2018 and a ton of traders โ€” like millions โ€” use it worldwide. Theyโ€™re known mostly for derivatives trading (like futures), but now they also do spot trading, copy trading, and even have their own launchpad and earn programs.

    Security-wise, they take it pretty seriously. Theyโ€™ve got stuff like cold wallets, withdrawal verifications, and a pretty solid track record โ€” no major hacks or shady stuff like some other platforms.

    Regulation-wise, theyโ€™re not available in some regions like the U.S., but they operate under multiple licenses in other countries. So yeah, if youโ€™re in a supported country, it’s one of the more trustworthy places to trade crypto.

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Answer
Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

How can I send a message to Bybitโ€™s management?

Bybit
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    the easiest way is through their support page or email. If itโ€™s something important, like a business idea or partnership stuff, just shoot an email to business@bybit.com or affiliates@bybit.com if itโ€™s about their affiliate program. If youโ€™re already in the affiliate program, just hit up your accounRead more

    the easiest way is through their support page or email. If itโ€™s something important, like a business idea or partnership stuff, just shoot an email to business@bybit.com or affiliates@bybit.com if itโ€™s about their affiliate program.

    If youโ€™re already in the affiliate program, just hit up your account manager โ€” they can pass the message up. Thatโ€™s usually quicker.

    You could also try DMโ€™ing someone from the team on X (Twitter) or LinkedIn โ€” like the CEO, Ben Zhou. Just keep it chill and respectful, not spammy.

    Or if you ever see them doing a livestream or AMA, thatโ€™s a good time to drop your question too.

    Easy stuff.

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Answer
Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

How do I use the Bybit app?

BybitBybit App
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    so first things first โ€” grab the Bybit app from the App Store or Google Play. Just search โ€œBybit,โ€ download it, and youโ€™re good. Once you open it, youโ€™ll need to sign up โ€” just use your email or phone number. Pick a solid password, verify your email or whatever, and boom โ€” youโ€™ve got an account. NexRead more

    so first things first โ€” grab the Bybit app from the App Store or Google Play. Just search โ€œBybit,โ€ download it, and youโ€™re good.

    Once you open it, youโ€™ll need to sign up โ€” just use your email or phone number. Pick a solid password, verify your email or whatever, and boom โ€” youโ€™ve got an account.

    Next, Iโ€™d suggest turning on two-factor authentication (2FA) in the security settings. It keeps your account way safer, trust me.

    Now to start trading, youโ€™ll need to add some crypto or cash.

    • If you already have crypto, go to Assets > Deposit, choose your coin, and send it there.

    • If not, just tap Buy Crypto, pick your payment method (like a card), and buy USDT or whatever you’re into.

    Once youโ€™ve got funds, you can start trading:

    • For spot trading (buying/selling actual crypto), go to Trade > Spot, pick a trading pair like BTC/USDT, and place your order.

    • For derivatives (if you wanna go degen with leverage), head to Trade > Derivatives, pick your contract, choose leverage, and send it.

    And yeah, thatโ€™s the basics. You can also track your portfolio under Assets and see open trades in Orders.

    Bybit also has some cool stuff like copy trading, staking (they call it โ€œBybit Earnโ€), and referral bonuses. Poke around the app a bit โ€” itโ€™s pretty user-friendly once you get the hang of it.

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Answer
Bybit
Bybit
Asked: 4 weeks agoIn: Cryptocurrency, Exchange

How can I move my asset on my Telegram wallet to my Bybit wallet?

Bybitbybit walletTelegramtelegram wallet
  1. Bybit
    Bybit
    Added an answer about 4 weeks ago

    Alright, so hereโ€™s the deal. If youโ€™ve got crypto (like TON or USDT) sitting in your Telegram wallet and you wanna send it to your Bybit account, itโ€™s actually pretty simple. Step 1:Open your Bybit app or go to the site, log in, and hit Deposit. Pick the coin you're sending (like TON or USDT), and mRead more

    Alright, so hereโ€™s the deal. If youโ€™ve got crypto (like TON or USDT) sitting in your Telegram wallet and you wanna send it to your Bybit account, itโ€™s actually pretty simple.

    Step 1:
    Open your Bybit app or go to the site, log in, and hit Deposit. Pick the coin you’re sending (like TON or USDT), and make sure you pick the right network โ€” like TON for Toncoin or TRC20 if you’re doing USDT. Then copy your deposit address.

    Step 2:
    Now go to your Telegram Wallet bot โ€” just type โ€œ@walletโ€ in Telegram. Pick the crypto youโ€™re sending, hit Send or Withdraw, and paste the Bybit address you just copied.

    Step 3:
    Double check the network (seriously, donโ€™t mess that up or your funds might get lost), choose how much you wanna send, and confirm it.

    Thatโ€™s it. Give it a few minutes, and it should show up in your Bybit wallet. If it doesnโ€™t, donโ€™t panic โ€” sometimes it takes a little while, depending on the network.

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