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.
What is the cost of joining Bybit?
joining Bybit is totally free. You just sign up, no charges at all. You only pay some small fees when you actually trade or withdraw crypto, but just making an account? Nope, no cost. Plus, they even give you some bonuses when you start, like free crypto to get you going. Pretty chill, right?
joining Bybit is totally free. You just sign up, no charges at all. You only pay some small fees when you actually trade or withdraw crypto, but just making an account? Nope, no cost. Plus, they even give you some bonuses when you start, like free crypto to get you going. Pretty chill, right?
See lessWhich cryptocurrency trading platform, Bitmex or Bybit, is more profitable and why?
Both Bitmex and Bybit are pretty solid for trading crypto, but Bybit kinda has the edge if you ask me. Here’s why: Bybit’s interface is way more user-friendly, especially if you’re new-ish to crypto trading. Plus, their customer support is better — 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. Here’s why:
Bybit’s interface is way more user-friendly, especially if you’re new-ish to crypto trading. Plus, their customer support is better — they actually respond fast, which is clutch when you’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 doesn’t really do as well.
Bitmex was the OG, but they’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, Bybit’s probably more profitable in the long run.
See lessWhat is the solution to the "coin free" issue on Bybit?
“coin free” means the amount of crypto you actually have ready to use or withdraw on Bybit. Sometimes, it looks like your coins aren’t available even though you deposited them or should have them. That usually happens because: Your deposit is still waiting for some confirmations on the blockchain. SRead more
“coin free” means the amount of crypto you actually have ready to use or withdraw on Bybit. Sometimes, it looks like your coins aren’t available even though you deposited them or should have them. That usually happens because:
Your deposit is still waiting for some confirmations on the blockchain. So it’s kinda stuck for a bit.
If you bought crypto through Bybit’s “Buy Crypto” feature, sometimes the coins get temporarily locked while they check everything.
If you just changed your password or security stuff, Bybit might block withdrawals for 24 hours to keep you safe.
Or maybe you’re missing a tag or memo when trying to withdraw certain coins — that messes things up.
Sometimes it’s just a little glitch or delay in their system.
The best move? Just chill for a bit, check your deposit status, make sure you didn’t do anything to trigger restrictions, and if it still bugs you, hit up Bybit support. They’ll sort it out.
See lessWhat is Bybit code?
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 — like a $20 USDT sign-up reward or other perks depending on the promo. So if you’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 — like a $20 USDT sign-up reward or other perks depending on the promo.
So if you’re joining Bybit, you can use my code:
See lessReferral Code: shiraverse
Just pop that in during sign-up and you’re good to go. Free rewards, no extra steps. Easy.
How profitable is Bitget & Bybit crypto copy trading?
copy trading on Bitget and Bybit can be pretty profitable, but it really depends on who you follow and how the market’s doing. Both platforms let you copy experienced traders’ moves — so if they’re killing it, you can make some good gains without doing all the research yourself. But it’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 market’s doing.
Both platforms let you copy experienced traders’ moves — so if they’re killing it, you can make some good gains without doing all the research yourself. But it’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 — 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.
See lessIs ByBit legit a platform for cryptocurrency trading?
Bybit’s actually one of the big names in crypto trading. It’s been around since 2018, and a lot of serious traders use it, especially for derivatives and futures trading. Like, if you’re into leverage and margin stuff, Bybit’s kinda built for that. They’ve got solid security, a clean interface, andRead more
Bybit’s actually one of the big names in crypto trading. It’s been around since 2018, and a lot of serious traders use it, especially for derivatives and futures trading. Like, if you’re into leverage and margin stuff, Bybit’s kinda built for that.
They’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 — so they’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 — it’s 100% legit for crypto trading.
See lessHow do I start a Bybit like crypto exchange platform?
So, you wanna build a crypto exchange like Bybit? That’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 — the thing that matches buy/sell orders super fast. You’ll also need wallets to handle crypto deposiRead more
So, you wanna build a crypto exchange like Bybit? That’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 — the thing that matches buy/sell orders super fast. You’ll also need wallets to handle crypto deposits and withdrawals securely.
Then there’s the legal stuff — depending on where you’re launching, you’ll probably need licenses (especially if you’re dealing with fiat). KYC, AML, all that compliance stuff comes into play.
You’ll also need serious liquidity — no one wants to trade on an exchange with no action. You might have to partner with market makers at the start.
Once that’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 Bybit’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):
See lessMVP Build (basic exchange): $100K–$500K
Full-featured platform like Bybit: $1M–$10M+
Monthly Ops (legal, support, servers, liquidity): $50K–$200K
Do people make money on Bybit?
People do make money on Bybit. Some folks trade like pros and pull in solid profits, especially with leverage. But honestly, it’s not a guaranteed win — crypto’s super risky and prices can flip real fast. There are a few ways to make money on there: Trading (spot or futures) — 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, it’s not a guaranteed win — crypto’s super risky and prices can flip real fast.
There are a few ways to make money on there:
Trading (spot or futures) — high risk, high reward kinda deal.
Staking and Bybit Earn — more chill, passive income stuff. Not huge returns, but steady.
Copy trading — where you just follow pro traders and let them do the work.
Affiliate program — 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 don’t go all in unless you know what you’re doing.
See lessWhat is the process of moving crypto currency from bybit to another trading platform?
it’s actually not that hard. Here’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
it’s actually not that hard. Here’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 address and paste it into Bybit.
Choose the right network (super important — like don’t send to the wrong one or your coins are toast).
Type how much you wanna send.
Do the security checks (they’ll send you codes).
Hit confirm, and you’re done.
Then just chill for a bit while the transfer goes through. It usually doesn’t take too long.
See lessIs ByBit a legitimate trading site, and can it be trusted to trade crypto?
Bybit is actually one of the big players in the crypto space. It’s been around since 2018 and a ton of traders — like millions — use it worldwide. They’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. It’s been around since 2018 and a ton of traders — like millions — use it worldwide. They’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. They’ve got stuff like cold wallets, withdrawal verifications, and a pretty solid track record — no major hacks or shady stuff like some other platforms.
Regulation-wise, they’re not available in some regions like the U.S., but they operate under multiple licenses in other countries. So yeah, if you’re in a supported country, it’s one of the more trustworthy places to trade crypto.
See less