Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform.[source]

📍 Global

Low Trading Fees: Spot fees start at 0.1% for both makers and takers, while derivatives offer even lower rates (0.02% maker / 0.055% taker).
Deep Liquidity: Known for its high-performance matching engine, Bybit handles high trading volumes with minimal slippage, ideal for active day traders.
Robust Security Measures: Utilizes cold storage, two-factor authentication (2FA), and a withdrawal address lock to protect user funds from unauthorized access.
Comprehensive Product Suite: Beyond spot trading, Bybit provides advanced derivatives, options, copy trading, and AI-powered trading bots for diverse strategies.

Pros & Cons

maker fee

0.10%

Base maker fee for spot trading. Lower rates are available for VIP users based on volume.

taker fee

0.10%

Base taker fee for spot trading. Lower rates are available for VIP users based on volume.

futures fee

0.02% / 0.05%

Maker fee is 0.020% and taker fee is 0.050% for derivatives and futures trading.

kyc required

Yes

Mandatory Identity Verification (KYC) is required for all users to access trading, deposit fiat, and withdraw.

us customers allowed

Bybit strictly restricts access to users from the United States and does not accept US customers.

fiat deposits

Yes

Supports various fiat deposits via bank transfer, credit cards, and a robust P2P marketplace.

withdrawal limit

1M USDT / day

Default daily withdrawal limit for Level 1 KYC verified accounts. Can be increased to 2M USDT for Level 2.

exchange

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