Is ByBit a legitimate trading site, and can it be trusted to trade crypto?
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Bybit is actually one of the big players in the crypto space. Itβs been around since 2018 and a ton of traders β like millions β use it worldwide. Theyβre 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. Theyβve got stuff like cold wallets, withdrawal verifications, and a pretty solid track record β no major hacks or shady stuff like some other platforms.
Regulation-wise, theyβre not available in some regions like the U.S., but they operate under multiple licenses in other countries. So yeah, if youβre in a supported country, it’s one of the more trustworthy places to trade crypto.