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 maximum amount of usdt I can deposit at a time on bybit?
Depends on how you’re depositing, bro. If you’re doing a regular crypto deposit (like sending USDT from another wallet), there’s a daily limit depending on which network you use. For example, on Arbitrum, the cap is like 100K USDC per day, and anything above that just gets added the next day. If youRead more
Depends on how you’re depositing, bro. If you’re doing a regular crypto deposit (like sending USDT from another wallet), there’s a daily limit depending on which network you use. For example, on Arbitrum, the cap is like 100K USDC per day, and anything above that just gets added the next day.
If you’re going the P2P route, the limit depends on the local currency. Like in India, the max per trade is about 17 million INR.
If you’re using fiat deposits (like through bank transfer), limits vary by currency and your past deposits — usually starts lower and increases.
And if you’re using Bybit Pay, there’s a 15K USD limit per transaction, and 20K per day. So yeah, it’s got some limits, but they’re pretty generous.
If you’re verified (KYC done), you also get higher limits. Just check on the app or site to see what your personal cap is.
Easy stuff 👍
See lessSomeone bubble into my Bybit account and stole my funds. How do I trace the person? I have his account number that he used for the transaction of stealing my USDT.
First off, you gotta move fast. If you still have access to your account, hit up Bybit support right away — like, open a support ticket or use their live chat. Give them all the info you have: Your UID and email The time it happened The TxID of the transaction The account number that received your URead more
First off, you gotta move fast. If you still have access to your account, hit up Bybit support right away — like, open a support ticket or use their live chat. Give them all the info you have:
Your UID and email
The time it happened
The TxID of the transaction
The account number that received your USDT
Any screenshots you’ve got
Tell them your account was hacked and someone moved your USDT without permission. If the thief’s account is still on Bybit, their security team might be able to freeze it and recover your funds.
Also, shoot an email to security@bybit.com with the subject like:
URGENT – Stolen Funds / Account HackedSame deal — just explain what happened and attach all the details.
If you’re serious about catching this guy, file a report with your local cybercrime unit. They can reach out to Bybit officially, and exchanges usually take that stuff more seriously when cops are involved.
You can try checking where the crypto went using a site like Tronscan (if it was on Tron) or Etherscan. It’ll show if it went to another exchange wallet — which you can also report, but again, the police usually need to get involved for anything to happen there.
And yeah, once this is handled, lock your account down. Get 2FA, change your passwords, and don’t sleep on security anymore.
See lessWhy am I unable to convert my crypto in 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:
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.
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.
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.
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.
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:
See lessUsing 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.
Which platform has lower fees, Bybit or Binance?
it kinda depends on what you’re trading and how much. But generally, Bybit and Binance are pretty close when it comes to fees. Bybit usually has low trading fees around 0.1% for spot and futures, and they even offer some fee discounts if you hold their native token or hit higher volumes. Binance alsRead more
it kinda depends on what you’re trading and how much. But generally, Bybit and Binance are pretty close when it comes to fees. Bybit usually has low trading fees around 0.1% for spot and futures, and they even offer some fee discounts if you hold their native token or hit higher volumes.
Binance also has a 0.1% base fee for spot trading, but they give extra discounts if you pay fees with BNB (their coin), so that can make it even cheaper.
If you’re trading futures, Bybit’s fees are competitive and sometimes a bit lower, especially with their maker-taker fee model. Binance also has similar fees but can get a bit more complicated with tiers and VIP levels.
So, if you want simpler, solid low fees, Bybit is great. Binance can be cheaper if you use their coin for fees and trade a lot.
See lessWhich is a better platform, Bybit or Binance?
Binance is like the giant of crypto exchanges—tons of coins, crazy high liquidity, lots of features, and all the fancy stuff like futures, options, staking, NFTs, and more. It’s kinda the go-to for most people because it has so much variety and global reach. Bybit, on the other hand, started more foRead more
Binance is like the giant of crypto exchanges—tons of coins, crazy high liquidity, lots of features, and all the fancy stuff like futures, options, staking, NFTs, and more. It’s kinda the go-to for most people because it has so much variety and global reach.
Bybit, on the other hand, started more focused on derivatives and futures trading, and they’ve been leveling up fast. Their interface is super user-friendly, especially for newcomers, and their affiliate program is really solid if you wanna earn from referrals. They also have some cool features and fast payouts, plus those exclusive events if you get into the community.
If you want the biggest, widest choice with crazy volume, Binance wins. But if you want a smooth, easy-to-use platform with strong derivatives trading and perks for affiliates, Bybit is awesome.
So… for casual spot trading, Binance probably edges out. But for futures trading and affiliate perks, Bybit’s got a strong case.
Which one fits you best depends on what you wanna do in crypto!
See lessHow do I recover a token mistakenly sent to Bybit but not listed on Bybit?
First, log in to your Bybit account and check your Funding → History page. If you see something like “Unsupported Coin” or “Pending Asset,” that’s actually a good sign. Option 1: Easy Recovery If your deposit shows up there, Bybit has this self-service recovery thing. Just click on the token, drop aRead more
First, log in to your Bybit account and check your Funding → History page. If you see something like “Unsupported Coin” or “Pending Asset,” that’s actually a good sign.
Option 1: Easy Recovery
If your deposit shows up there, Bybit has this self-service recovery thing. Just click on the token, drop a wallet address that supports it (not a Bybit one), pay a small fee in USDT, and boom — they’ll send it back to that address.
Option 2: Manual Recovery (if it doesn’t show up)
If your deposit isn’t showing up anywhere, then yeah… you gotta fill out a form. Go to their Help Center and look for the Asset Recovery Form.
You’ll need stuff like:
But heads up:
So yeah, try the self-service option first if you can. Next time, just double-check the token is supported before sending anything — crypto doesn’t really do take-backs 😅
See lessIs Bitmex currently allowing US customers to use their new platform, Bybit?
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.
See lessWhich platform has lower fees, Bybit or Margex?
Margex usually has lower fees than Bybit. On Margex, maker fees are like 0.019% and taker fees around 0.06%. Bybit’s fees are a bit higher unless you’re a VIP or do tons of trading — then you can get discounts. Also, Margex doesn’t ask for KYC, which is cool if you want to stay low-key. Bybit does rRead more
Margex usually has lower fees than Bybit. On Margex, maker fees are like 0.019% and taker fees around 0.06%. Bybit’s fees are a bit higher unless you’re a VIP or do tons of trading — then you can get discounts.
Also, Margex doesn’t ask for KYC, which is cool if you want to stay low-key. Bybit does require KYC but has more features and promos if you’re into that.
So if you just want low fees and no fuss, Margex is the cheaper option. But if you want more tools and don’t mind a bit more paperwork, Bybit’s solid too.
See lessHow long does it take to receive a bitcoin from Cash App to the Bybit app?
Usually not that long, man. After you send Bitcoin from Cash App, it goes through the Bitcoin network, which takes like 30 to 60 minutes most of the time — depending on how busy the network is. Cash App sends it out pretty quick once you hit “withdraw,” and then Bybit just waits for a few confirmatiRead more
Usually not that long, man. After you send Bitcoin from Cash App, it goes through the Bitcoin network, which takes like 30 to 60 minutes most of the time — depending on how busy the network is.
Cash App sends it out pretty quick once you hit “withdraw,” and then Bybit just waits for a few confirmations (usually 3) before it shows up in your account.
So yeah, if the network isn’t slammed, you should see your BTC in Bybit in under an hour. Just keep an eye on the transaction and you’re good.
See lessIs Bybit a safer option for trading than Coinbase?
Tbh, both are solid, but they kinda serve different types of users. Coinbase is more “mainstream,” ya know? It’s based in the U.S., super regulated, and it’s great for beginners who just wanna buy crypto with a few taps. So yeah, it’s pretty safe in terms of compliance and all that. But they do askRead more
Tbh, both are solid, but they kinda serve different types of users.
Coinbase is more “mainstream,” ya know? It’s based in the U.S., super regulated, and it’s great for beginners who just wanna buy crypto with a few taps. So yeah, it’s pretty safe in terms of compliance and all that. But they do ask for a lot of KYC stuff and sometimes freeze accounts for “security checks,” which can be annoying.
Bybit, on the other hand, is more for people who are into trading — like futures, leverage, and all the spicy stuff. It’s based offshore (not in the U.S.), so it’s less regulated but also gives you more freedom. It’s got solid security features, and a lot of pro traders use it. But yeah, since it’s not under strict U.S. laws, you kinda gotta trust their reputation and your own security habits.
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