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Bybit
Bybit
Asked: 2 days 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 days 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 โ€” but usually, youโ€™ll have to pay a fee, and itโ€™s not guaranteed. They have a process where you submit your transaction details, and if itโ€™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 โ€” but usually, youโ€™ll have to pay a fee, and itโ€™s not guaranteed. They have a process where you submit your transaction details, and if itโ€™s still possible, theyโ€™ll try to recover it.

    BitMEX is a bit stricter and doesnโ€™t really offer official recovery for lost funds. If you have trouble, you can contact their support, but often, lost crypto just canโ€™t be recovered if it was sent incorrectly.

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

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Raju Kumar
Raju Kumar
Asked: 2 days 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 days 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 โ€” itโ€™s not 100% risk-free. Even pros can have bad days, and crypto markets are super volatile. So, donโ€™t just throw all your money in blindly. Start small, watch how the trader performs, and make sure youโ€™re comfortable with the risks.

    Bybitโ€™s platform makes it pretty easy to find verified top traders with stats and past performance, so you can choose wisely. If youโ€™re smart about it, yeah, copy-trading can be a nice way to earn, especially if you donโ€™t want to spend all day analyzing charts yourself.

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Bybit
Bybit
Asked: 3 days agoIn: Cryptocurrency, Exchange

Which cryptocurrency trading platform, Bitmex or Bybit, is more profitable and why?

bitmexBybitCryptocurrencycryptocurrency trading platform
  1. Bybit
    Bybit
    Added an answer about 3 days ago

    Both Bitmex and Bybit are pretty solid for trading crypto, but Bybit kinda has the edge if you ask me. Hereโ€™s why: Bybitโ€™s interface is way more user-friendly, especially if youโ€™re new-ish to crypto trading. Plus, their customer support is better โ€” they actually respond fast, which is clutch when yoRead more

    Both Bitmex and Bybit are pretty solid for trading crypto, but Bybit kinda has the edge if you ask me. Hereโ€™s why:

    Bybitโ€™s interface is way more user-friendly, especially if youโ€™re new-ish to crypto trading. Plus, their customer support is better โ€” they actually respond fast, which is clutch when youโ€™re dealing with money.

    Also, Bybit tends to have more trading pairs and lower fees sometimes, so you keep more of your profits. And they have a killer affiliate program where you can earn extra if you bring friends in, which Bitmex doesnโ€™t really do as well.

    Bitmex was the OG, but theyโ€™ve had some issues with delays and strict KYC, which can be annoying.

    So if you want smooth trading, better support, and more ways to make money, Bybitโ€™s probably more profitable in the long run.

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Bybit
Bybit
Asked: 5 days agoIn: Cryptocurrency, Exchange

Is Bitmex currently allowing US customers to use their new platform, Bybit?

bitmexBybitUnited StatesUS
  1. Bybit
    Bybit
    Added an answer about 5 days ago

    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.

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