BYBIT EXCHANGE REVIEW
We have prepared a review of Bybit crypto exchange. We will talk about the exchange, consider its markets and trading fees for making trades.
Attention! This article is for informational purposes only and does not contain recommendations or calls to action.
The review has been prepared by the CScalp terminal team. You can get CScalp by leaving your e-mail in the form below.
The review has been prepared by the CScalp terminal team. You can get CScalp by leaving your e-mail in the form below.
Bybit
Bybit cryptocurrency exchange was founded in 2018. The exchange is in the TOP-5 in terms of daily trading volume in the derivatives market according to CoinMarketCap. The headquarters of the exchange is located in Singapore. Bybit's founding team consists of blockchain, forex and investment banking professionals.
Bybit users have access to spot trading, inverse and USDT futures. The main specialization of the exchange is trading perpetual derivative contracts for cryptocurrencies. Also, Bybit has the ability to trade through a demo account.
Bybit users have access to spot trading, inverse and USDT futures. The main specialization of the exchange is trading perpetual derivative contracts for cryptocurrencies. Also, Bybit has the ability to trade through a demo account.
Bybit markets
On the Bybit exchange, there is a spot market, an inverse futures market (perpetual and quarterly) and USDT futures. More than 30 instruments are traded on the spot market, paired with USDT.
Perpetual Inverse Futures are traded against USD. They are quoted in USD but calculated in base currency. When holding inverse futures, users do not pay or receive funding fees. Available instruments: BTCUSD, ETHUSD, EOSUSD, XRPUSD, DOTUSD. Perpetual inverse futures are traded in cross-margin and isolated margin mode. Implemented leverage from 1x to 100x.
More than 40 instruments are traded on the USDT futures market (classic perpetual futures). Trading on the USDT futures market is also carried out in the cross-margin and isolated margin mode, leverage from 1x to 50x.
Perpetual Inverse Futures are traded against USD. They are quoted in USD but calculated in base currency. When holding inverse futures, users do not pay or receive funding fees. Available instruments: BTCUSD, ETHUSD, EOSUSD, XRPUSD, DOTUSD. Perpetual inverse futures are traded in cross-margin and isolated margin mode. Implemented leverage from 1x to 100x.
More than 40 instruments are traded on the USDT futures market (classic perpetual futures). Trading on the USDT futures market is also carried out in the cross-margin and isolated margin mode, leverage from 1x to 50x.
Bybit fees
Bybit has some of the lowest trading fees in the cryptocurrency market. As with most exchanges, they are calculated using the maker / taker system. For transactions on the spot market for makers and takers, a commission of 0.01% is set. Maker's commission in the futures markets -0.025%, taker's - 0.075%.
Referral bonus
By registering on Bybit exchange using our referral link, you will receive a bonus of $ 10 in BTC equivalent. To receive the bonus, you must make a first deposit of at least 0.02 BTC. The bonus will be credited to your account within 24 hours. To register on Bybit using our referral link, click the "Bybit Bonus" button.
Bybit reviews
Traders are generally positive about Bybit. Users from different countries declare loyal conditions for trading and high speed of execution of transactions. High order liquidity is what you need for scalping.
Conclusion
Bybit is a promising platform for active trading. For scalpers, it is attractive for small fees for futures contracts. Also, the exchange has high liquidity, there are no delays in order execution. Bybit technical support is available 24/7.
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If you have any questions, just contact our platform’s support via Telegram at @CScalp_support_bot. We will respond in a matter of seconds.
You can also visit our Discord channel and subscribe to the CScalp TV YouTube channel.