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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.

Shiraverse Latest Questions

Bybit
Bybit
Asked: 1 year agoIn: ,

BybitCryptocurrencyCryptocurrency Exchangesecurity
  1. Bybit
    Bybit

    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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Bybit
Bybit
Asked: 1 year agoIn: ,

Bybit
  1. Bybit
    Bybit

    So, after you’ve bought crypto or deposited funds on Bybit, the KYC (Know Your Customer) step is basically to verify who you are. People usually upload some ID—like a passport or driver’s license—and sometimes a selfie for proof. It’s like Bybit making sure you’re legit and not a robot or someone trRead more

    So, after you’ve bought crypto or deposited funds on Bybit, the KYC (Know Your Customer) step is basically to verify who you are. People usually upload some ID—like a passport or driver’s license—and sometimes a selfie for proof. It’s like Bybit making sure you’re legit and not a robot or someone trying to do sketchy stuff.

    Once you finish KYC, you get higher withdrawal limits and access to more features on Bybit, like bigger trading amounts or certain promotions. Also, it helps keep the platform safe for everyone.

    Most people just do it once and then forget about it, since it’s just a one-time verification to unlock all the cool stuff.

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Bybit
Bybit
Asked: 1 year agoIn: ,

bitmexBybitcrypto
  1. Bybit
    Bybit

    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: 1 year agoIn: ,

Bybit
  1. Bybit
    Bybit

    Alright, straight up — it’s tricky. Because of sanctions, most big exchanges like Binance and Bybit don’t officially support Iranian users. If you try to register with an Iranian IP or ID, they’ll probably block or freeze your account. So, if you’re still planning to use them, you gotta be super carRead more

    Alright, straight up — it’s tricky. Because of sanctions, most big exchanges like Binance and Bybit don’t officially support Iranian users. If you try to register with an Iranian IP or ID, they’ll probably block or freeze your account. So, if you’re still planning to use them, you gotta be super careful.

    Here’s what most people usually do — for educational purposes only:

    1. Use a strong VPN (like NordVPN, Mullvad, or ProtonVPN):

      • Always connect through a stable, non-Iranian IP (like the Netherlands or Switzerland).

      • Make sure it has a kill switch in case the connection drops.

    2. Don’t use real Iranian documents for KYC:

      • Many users avoid platforms that require strict KYC.

      • If KYC is required (like on Bybit now), they use second passports or IDs from other countries — if they legally have one.

    3. Create a fresh email and avoid Iranian phone numbers:

      • Use ProtonMail or Gmail for added privacy.

      • Sign up with a virtual number or foreign number if SMS verification is needed.

    4. Avoid using Iranian banks or cards:

      • Buy crypto through local peer-to-peer (P2P) markets (like using LocalBitcoins, if available, or P2P on Binance via VPN).

      • Then transfer that crypto to your main exchange account.

    5. Withdraw to cold wallets regularly:

      • Don’t leave too much on the exchange. Use something like Trust Wallet or Ledger for better security.

     

    Important Disclaimer:
    Using these exchanges while being in Iran might violate their terms and could lead to account bans or frozen funds if you’re detected. This info is shared just for awareness, not as financial or legal advice. Always be cautious and understand the risks before doing anything.

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