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Home/Cryptocurrency/Exchange

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Bybit
Bybit
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

Which is better, ByBit or Phemex?

Bybitphemex
  1. Raju Kumar
    Raju Kumar
    Added an answer about 2 weeks ago

    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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Bybit
Bybit
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

Is it possible to recover lost money from crypto trading platforms such as BitMex and Bybit?

bitmexBybitcrypto
  1. Bybit
    Bybit
    Added an answer about 2 weeks ago

    Well, it depends. If you sent crypto to the wrong address or forgot to add a memo/tag (which some coins need), Bybit might help you get it back — but usually, you’ll have to pay a fee, and it’s not guaranteed. They have a process where you submit your transaction details, and if it’s still possible,Read more

    Well, it depends. If you sent crypto to the wrong address or forgot to add a memo/tag (which some coins need), Bybit might help you get it back — but usually, you’ll have to pay a fee, and it’s not guaranteed. They have a process where you submit your transaction details, and if it’s still possible, they’ll try to recover it.

    BitMEX is a bit stricter and doesn’t really offer official recovery for lost funds. If you have trouble, you can contact their support, but often, lost crypto just can’t be recovered if it was sent incorrectly.

    The biggest rule? Always triple-check addresses, tags, and chains before sending crypto. Once it’s gone, it’s often gone for good.

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Bybit
Bybit
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

Which is the best NFT marketplace, Bybit, WazirX, or Binance?

binanceBybitnftnft marketplacewazirx
  1. Raju Kumar
    Raju Kumar
    Added an answer about 2 weeks ago

    I’d go with Bybit. Like yeah, Binance and WazirX are big names, but Bybit’s NFT marketplace is super clean and easy to use. No gas fees, which is a huge W. You don’t need some crazy wallet setup either — you can literally just buy NFTs straight from your Bybit account, like you're buying crypto. SoRead more

    I’d go with Bybit. Like yeah, Binance and WazirX are big names, but Bybit’s NFT marketplace is super clean and easy to use. No gas fees, which is a huge W. You don’t need some crazy wallet setup either — you can literally just buy NFTs straight from your Bybit account, like you’re buying crypto. So smooth.

    WazirX is decent, but kinda India-focused and not as global. Plus, their NFT scene isn’t super active. Binance is okay too, but sometimes it feels more like a giant marketplace where smaller creators just get buried.

    Bybit actually curates stuff. You’ll see top collections, exclusive drops, and even Web3 gaming NFTs. If you’re into play-to-earn or GameFi, they’ve got a solid lineup. And the best part? It’s still growing, so there’s way more opportunity to find underrated gems before they blow up.

    So yeah — Bybit all the way, especially if you want something smooth, gas-free, and more focused on quality than just hype.

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Answer
Raju Kumar
Raju Kumar
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

What is the process for transferring cryptocurrency from Bybit to Coinbase Pro?

Bybitcoinbasecoinbase proCryptocurrency
  1. Bybit
    Bybit
    Added an answer about 2 weeks ago

    it’s actually pretty simple. Here’s how you do it: First, make sure your crypto is in your Bybit Spot Wallet. If it’s sitting in your Derivatives or Funding wallet, just move it over to Spot. You can do that under “Assets” > “Transfer.” Takes like 2 seconds. Next, go to your Coinbase Pro (or CoinRead more

    it’s actually pretty simple. Here’s how you do it:

    1. First, make sure your crypto is in your Bybit Spot Wallet. If it’s sitting in your Derivatives or Funding wallet, just move it over to Spot. You can do that under “Assets” > “Transfer.” Takes like 2 seconds.

    2. Next, go to your Coinbase Pro (or Coinbase Advanced Trade now, same thing). Find the coin you want to receive, click Deposit, and grab your wallet address. Make sure you pick the right network — that’s super important (like ERC-20 for USDT or ETH, for example).

    3. Then, go back to Bybit, hit Withdraw, pick the same coin, paste that address from Coinbase, choose the same network, and boom — enter how much you want to send. You’ll have to go through a few security checks (like email or 2FA), and then confirm it.

    4. After that, just chill for a bit. The transfer usually shows up in Coinbase within 10–30 mins, depending on how busy the blockchain is.

     

    Quick tips:

    • Always double-check the address and network — one small mistake and your coins are gone 😬

    • Maybe try with a small amount first if you’re nervous

    • There might be a withdrawal fee, just a heads-up

    That’s it! Easy money move. 🚀

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Answer
Bybit
Bybit
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

What can be done to improve the security of cryptocurrency exchanges like Bybit?

BybitCryptocurrencyCryptocurrency Exchangesecurity
  1. Bybit
    Bybit
    Added an answer about 2 weeks ago

    crypto exchanges gotta be super careful ‘cause people’s money is on the line. First off, they should have strong two-factor authentication—like not just a password but a code on your phone or an app. That makes it way harder for hackers to get in. Then, stuff like cold wallets is a must. That meansRead more

    crypto exchanges gotta be super careful ‘cause people’s money is on the line. First off, they should have strong two-factor authentication—like not just a password but a code on your phone or an app. That makes it way harder for hackers to get in.

    Then, stuff like cold wallets is a must. That means keeping most coins offline so hackers can’t just steal them from the internet. Also, regular security audits to check for bugs or weak spots help a lot.

    Another thing is monitoring weird activity—if someone suddenly tries to move a lot of coins or log in from a weird place, the exchange should catch that fast and maybe freeze the account till they check.

    And of course, educating users to avoid phishing scams and using strong passwords is key too. If the exchange and users both stay sharp, it makes the whole thing way safer.

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Answer
Raju Kumar
Raju Kumar
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

Can someone make money through copy-trading on cryptocurrency exchanges such as Bybit, Bitmex, or Binance?

binancebitmexBybitCryptocurrencyCryptocurrency Exchange
  1. Bybit
    Bybit
    Added an answer about 2 weeks ago

    Copy-trading can be a legit way to make money if you pick the right trader to follow. On Bybit, for example, you can copy top traders who have solid strategies and good track records. Basically, whatever they trade, your account does too, so you get to ride their skills without having to be an experRead more

    Copy-trading can be a legit way to make money if you pick the right trader to follow. On Bybit, for example, you can copy top traders who have solid strategies and good track records. Basically, whatever they trade, your account does too, so you get to ride their skills without having to be an expert yourself.

    But heads up — it’s not 100% risk-free. Even pros can have bad days, and crypto markets are super volatile. So, don’t just throw all your money in blindly. Start small, watch how the trader performs, and make sure you’re comfortable with the risks.

    Bybit’s platform makes it pretty easy to find verified top traders with stats and past performance, so you can choose wisely. If you’re smart about it, yeah, copy-trading can be a nice way to earn, especially if you don’t want to spend all day analyzing charts yourself.

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Answer
Bybit
Bybit
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

Which platform has lower fees, Bybit or PrimeXBT?

Bybitprimexbt
  1. Bybit
    Bybit
    Added an answer about 2 weeks ago
    This answer was edited.

    Bybit usually wins when it comes to fees. Their trading fees are pretty low — like 0.1% for spot trading and even better for derivatives, sometimes as low as 0.025% for makers. Plus, Bybit’s fee structure is super straightforward and transparent, which is always a plus. PrimeXBT’s fees aren’t terribRead more

    Bybit usually wins when it comes to fees. Their trading fees are pretty low — like 0.1% for spot trading and even better for derivatives, sometimes as low as 0.025% for makers. Plus, Bybit’s fee structure is super straightforward and transparent, which is always a plus.

    PrimeXBT’s fees aren’t terrible but tend to be a bit higher overall, especially when you factor in overnight and funding fees on certain trades. Also, Bybit gives you tons of ways to reduce fees with their VIP program, bonuses, and promotions.

    So if you’re looking to keep your costs down and get a solid trading experience, Bybit’s the smarter choice.

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Answer
Raju Kumar
Raju Kumar
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

Binance, Bitget, OKX, or Bybit? Seeking recommendations for the best one. If you've had experience with any, which would you recommend for copy trading?

binancebitgetBybitCopy Tradingokx
  1. Bybit
    Bybit
    Added an answer about 2 weeks ago

    Alright, I’ve tried a few of these, and honestly, for copy trading, Bybit stands out. Here’s why: Bybit’s copy trading setup is super user-friendly and reliable. The platform is smooth, with fast execution and good risk management tools. Plus, they have a solid affiliate and rewards program if you wRead more

    Alright, I’ve tried a few of these, and honestly, for copy trading, Bybit stands out. Here’s why:

    Bybit’s copy trading setup is super user-friendly and reliable. The platform is smooth, with fast execution and good risk management tools. Plus, they have a solid affiliate and rewards program if you want to grow your earnings beyond just trading.

    Binance is huge and has tons of features, but their copy trading options feel a bit clunky and overwhelming for beginners. Bitget is decent but not as popular or trusted as Bybit. OKX is solid too, but again, for copy trading specifically, Bybit nails the balance between usability and professional tools.

    So, if you want something pro, easy to use, and focused on copy trading with strong community support, Bybit’s your best bet.

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Bybit
Bybit
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

Is bybit legit?

Bybit
  1. Bybit
    Bybit
    Added an answer about 2 weeks ago

    Bybit is honestly one of the best crypto platforms out there. Super clean UI, trades are smooth, and they’ve got everything — spot, derivatives, copy trading, even NFTs. You can start small and scale up easy. They pay affiliates daily too, not monthly like some other platforms. And if you’re into evRead more

    Bybit is honestly one of the best crypto platforms out there. Super clean UI, trades are smooth, and they’ve got everything — spot, derivatives, copy trading, even NFTs. You can start small and scale up easy.

    They pay affiliates daily too, not monthly like some other platforms. And if you’re into events, they throw these crazy VIP parties and even do stuff with F1 Red Bull Racing. 🔥

    Security? Yeah, they had that big hack in 2025, but they handled it like pros and paid everyone back fast. Didn’t skip a beat.

    And the best part? You can earn up to 50% commissions just for sharing your link. I mean, if you’re already in crypto, why not make passive income off it?

    If you’re not in a restricted country (like the US), it’s honestly a no-brainer.

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Answer
Bybit
Bybit
Asked: 2 weeks agoIn: Cryptocurrency, Exchange

How do I trade Bitcoin on Bybit?

BitcoinBybit
  1. Bybit
    Bybit
    Added an answer about 2 weeks ago

    First, go to Bybit and sign up. Takes like 2 minutes. You’ll need to do that KYC stuff too — basically upload your ID and a selfie. Nothing crazy. Once you're in, you gotta deposit some crypto. Just go to “Assets,” hit “Deposit,” pick Bitcoin or whatever, and send it from your wallet. Boom, funds inRead more

    First, go to Bybit and sign up. Takes like 2 minutes. You’ll need to do that KYC stuff too — basically upload your ID and a selfie. Nothing crazy.

    Once you’re in, you gotta deposit some crypto. Just go to “Assets,” hit “Deposit,” pick Bitcoin or whatever, and send it from your wallet. Boom, funds in.

    Now, to trade Bitcoin — you’ve got two main options:

    • Spot trading (you’re just buying/selling actual Bitcoin), or

    • Derivatives trading (you’re trading contracts, kinda like betting on price movements — but with leverage if you’re into that risk).

    For spot trading (which is easiest to start with):

    1. Go to Trade > Spot.

    2. Pick BTC/USDT (that’s Bitcoin vs. Tether).

    3. Choose your order type:

      • Market = buy/sell instantly at the current price.

      • Limit = set your own price and wait for it to hit.

    4. Hit buy or sell. Done.

    After that, you can check your open trades in the “Orders” tab.

    One tip: always start small till you get the hang of it. And maybe set a stop-loss so you don’t wake up broke 😂

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