How do I trade Bitcoin on Bybit?
Bybit
Asked: 2 months ago2025-05-31T12:33:31+05:30
2025-05-31T12:33:31+05:30In: Cryptocurrency, Exchange
How do I trade Bitcoin on Bybit?
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First, go to Bybit and sign up. Takes like 2 minutes. Youβll need to do that KYC stuff too β basically upload your ID and a selfie. Nothing crazy.
Once you’re in, you gotta deposit some crypto. Just go to βAssets,β hit βDeposit,β pick Bitcoin or whatever, and send it from your wallet. Boom, funds in.
Now, to trade Bitcoin β you’ve got two main options:
Spot trading (you’re just buying/selling actual Bitcoin), or
Derivatives trading (youβre trading contracts, kinda like betting on price movements β but with leverage if youβre into that risk).
For spot trading (which is easiest to start with):
Go to Trade > Spot.
Pick BTC/USDT (thatβs Bitcoin vs. Tether).
Choose your order type:
Market = buy/sell instantly at the current price.
Limit = set your own price and wait for it to hit.
Hit buy or sell. Done.
After that, you can check your open trades in the βOrdersβ tab.
One tip: always start small till you get the hang of it. And maybe set a stop-loss so you donβt wake up broke π