Bybit’s tiered fee structure offers lower trading fees as users increase their trading volume or hold larger amounts of assets. The tiers range from non-VIP (regular) users to VIP and Pro levels, with fees decreasing at each higher tier.
Tag: Bybit
Bybit is a cryptocurrency exchange founded in 2018 by Ben Zhou. It offers a comprehensive platform for trading various cryptocurrencies, including BTC, ETH, LINK, ADA, SOL, DOT, and more. Bybit provides services such as spot trading, derivatives trading, options trading, and an NFT marketplace, along with advanced features like Copy Trading and Asset Management.
Official Website: Bybit Official Website
Referral Code: shiraverse
Affiliate Link: Bybit Affiliates
Key Features:
- Derivatives Trading: Includes Perpetual, Futures, and Options contracts with up to 100X leverage.
- Spot Trading: Trade a wide range of cryptocurrencies with advanced settings like Limit Order, Take Profit, and Stop Loss.
- Bybit Web3: Engage with decentralized finance (DeFi), NFTs, and dApps within the Web3 ecosystem.
- Bybit Asset Management: Offers products like Bybit Savings and Liquidity Mining for stable returns.
- Bybit NFT Marketplace: Buy, sell, and trade a variety of NFTs.
- Copy Trading: Follow and replicate strategies from Master Traders.
- Mobile App: Optimized for a seamless trading experience.
Partnerships: Bybit is a proud partner of Formula One’s Oracle Red Bull Racing, various esports teams, and football clubs Borussia Dortmund and Avispa Fukuoka.
Bybit serves over 10 million users globally and is committed to providing a secure, reliable, and innovative trading environment.
Bybit offers leverage options of up to 100X on certain crypto derivatives products, allowing traders to amplify their positions significantly. Leverage is adjustable, and users can choose the level of leverage that suits their risk tolerance.
You can trade the following products with leverage on Bybit:Perpetual Contracts (e.g., BTC/USD, ETH/USD) Futures Contracts USDC Options Leveraged Tokens
Yes, Bybit offers both:Isolated Margin: Limits the margin to a single position, meaning only the allocated margin is at risk. Cross Margin: Shares the margin across all open positions in a specific account, which can help prevent liquidation by using ...Read more
Perpetual contracts on Bybit are a type of derivative that allows traders to speculate on the future price of a cryptocurrency without an expiry date. They trade close to the underlying asset’s price and use a funding rate mechanism ...Read more
Bybit is restricted in certain countries, including: United States Singapore Cuba Crimea Sevastopol Iran Syria North Korea Sudan Mainland China
Bybit implements various security measures, including:Cold wallet storage: 100% of user funds are stored in multi-signature cold wallets. Two-Factor Authentication (2FA): Required for withdrawals and sensitive account activities. Advanced risk control system: Monitors and prevents malicious activities. KYC Verification: Helps to ensure ...Read more
Bybit’s matching engine is designed to process 100,000 transactions per second, ensuring that orders are executed quickly and accurately with minimal latency, reducing slippage and providing a reliable trading experience.
Bybit offers 24/7 customer support available through live chat, email, and social media channels. Support is provided in multiple languages to cater to its global user base.
Bybit supports institutional traders with:Dedicated account managers: Provide personalized service. High liquidity: Ensures that large trades can be executed without significant market impact. Advanced trading tools: Tailored to meet the needs of professional traders. VIP Programs: Offer reduced fees and other benefits.