Bybit
| Coin | Pair |
|---|
What is Bybit?
Bybit is a prominent centralized cryptocurrency exchange (CEX) that stands out with its professional platform, featuring an ultra-fast matching engine, dedicated customer service, and multilingual community support. Established in March 2018, Bybit boasts a user base exceeding 10 million, serving both individual users and institutions. The platform provides access to a diverse range of assets and contracts across Spot and crypto derivatives, including Futures and Options. Additionally, Bybit offers launchpad projects, earn products, an NFT Marketplace, and more.
Bybit's Notable Partnerships:
Bybit proudly aligns itself with Formula One racing team Oracle Red Bull Racing, esports teams such as NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR), City Esports, and Oracle Red Bull Racing Esports. Furthermore, Bybit extends its support to association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.
Product Offerings on Bybit:
Bybit's platform encompasses a diverse array of products, including Spot trading, Derivatives (featuring USDT perpetuals, USDC perps, inverse perps, futures, USDC options, and leveraged tokens), NFT marketplace, Bybit Earn, Buy Crypto, and Options.
Founder and CEO:
Bybit was founded by Ben Zhou, who currently serves as the CEO. A graduate of The University of Pennsylvania, Zhou brings a wealth of experience from his seven years at XM, one of China's largest forex brokerage companies.
Launch Date:
Bybit officially launched in March 2018.
Geographical Presence:
Registered in the British Virgin Islands as Bybit Fintech Limited, Bybit's headquarters are situated in Dubai, UAE, under Bybit Fintech FZE.
Restricted Countries:
While Bybit caters to a global audience, it is restricted in certain countries due to service limitations. Notable exclusions include the U.S, Singapore, Cuba, Crimea, Sevastopol, Iran, Syria, North Korea, Sudan, and Mainland China.
Supported Cryptocurrencies:
Bybit hosts over 100 cryptocurrencies, facilitating over 300 spot trading pairs. Major coins such as BTC, ETH, BIT, SOL, APE, DYDX, LTC, DOGE, AVAX, MATIC, DOT, and more are supported.
Fee Structure:
Bybit employs a tiered fee structure based on the maker-taker model. Fee tiers include non-VIP, VIP 1-3, and Pro 1-3, with varying rates for spot trading, perpetuals, and futures trading.
Leverage and Margin Trading:
Bybit offers traders the ability to engage in leveraged trading, with options of up to 100X leverage on various crypto derivatives products. Users can utilize both isolated margin and cross margin. The platform supports Inverse perpetuals, crypto futures, crypto options, and leveraged tokens.
What are the trading fees on Bybit?
Bybit's trading fees are contingent on your membership level and the nature of your trading activities. Membership levels are determined by your asset balance and 30-day trading volume. In summary, contract trading fees for takers range from 0.06% to 0.01%, while makers enjoy fees ranging from 0.01% to 0.00% (i.e., free). Spot trading fees for takers range from 0.10% to 0.02%, and makers benefit from fees ranging from 0.10% to 0.00% (i.e., free).
Regarding Bybit withdrawal fees, when users withdraw BTC from the platform, they are charged 0.0005 BTC per BTC withdrawal. This aligns closely with the prevailing global industry average of 0.0004599 BTC per BTC withdrawal.
Does Bybit offer leverage trading?
At Bybit, trading with leverage is enabled, providing the opportunity to amplify your exposure to the price movements of a specific cryptocurrency without the need to own the full amount of assets. This is achieved through the practice of 'leveraging' your trades, essentially borrowing funds from the exchange to increase your position size. In simpler terms, it allows you to bet with more capital than you actually possess. Bybit offers leverage options of up to 100x, allowing users to potentially magnify both gains and losses.
Is there a research audit report for Bybit?
When was Bybit established?
EXCHANGE was founded in .
Where is Bybit located?
Bybit is based in British Virgin Islands.
What is the volume of Bybit?
EXCHANGE has a trading volume of $ in the last 24 hours and $ in the last 7 days.
Is Bybit safe?
While many major CEXes boast stronger firewalls than most governments, history has witnessed numerous instances where exchanges have fallen victim to hacks, resulting in the loss of customer funds. DEXes are generally safer option as you have control over your funds at all times as long as blockchain is up and running. Its all based off contract code so you can clearly look whats behind the scenes, and how their contracts work.
Which coins can I buy through Bybit?
You can buy the following tokens/coins on Bybit:
What are the listed pairs on Bybit?
You can trade the following tokens/coins on Bybit:
Does have customer support?
Almost all exchanges provide customer support, but the quality, speed and continuity of this service varies from time to time depending on the budget conditions of the companies. We recommend that you experience the support service provided by the stock exchange by asking a question to the support section on its website.
OGAudit is the first social audit platform of web3. Your crypto playbook!
- Easy-to-understand info about popular crypto projects,
- News, updates about protocols,
- Token statistics, price data,
- Most reliable crypto exchanges,
- Uncensored expert user (OG) reviews,
Additionally, in the 'Topics' section, you can read what OGs have on their agenda and learn alpha about trending crypto topics.
There are many ways to do business in crypto, but we have chosen the most challenging path: to illuminate the darkness. Social media interactions, transaction volumes, of exchanges, and crypto assets can be easily manipulated by bots, and whales. Therefore they are often misleading for researchers, bad actors can lead people into scams with ease.
We believe in a safer, more thriving and equal opportunity crypto space for everyone! Our sole motivation is you 💗
We think that authentic reviews of OG will guide you in finding the most reliable crypto exchanges and web3 solutions you need! We also want to make your crypto DYOR process easier with simple and up-to-date content.
OG are the biggest, most experienced and reputable community in crypto. They are independent auditors of OGAudit platform.
It's not granted but earned! Anyone with 1,000 days of on-chain experience in crypto and complies with OGA community guidelines can become an OG. (Learn More Here)
OG onboarding and rating mechanism is 100% automated. OGs' wallet addresses and entries are publicly verifiable on-chain. The decentralized, permissionless, and transparent OGA consensus and OGA guidelines eliminate the risk of spam and fraudulent content.
Yes, it is. And all the basic features will always be free for personal use!
Unfortunately, we do not have a token, neither you can invest in the OGAudit platform. However we greatly appreciate any donations you may grant!💗
If you meet the requirements and share the same values with us, you can become a contributor to our community as an OG. (Learn More Now About Page Link)
You'll help make crypto a safer place and build your reputation along the way!
NO INVESTMENT, FINANCIAL, OR LEGAL ADVICE: Any content published in the OGAudit platform are informational and educational purposes only and should not be construed as legal, tax, investment, financial, or other advice. Nothing contained in this platform constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. OGAudit is a social media platform where we encourage freedom of speech. OGAudit also provides sensitive data such as coin/token prices of web3 projects but this data may not be up-to-date and accurate and may be lagging behind due to third party oracle api problems. OGAudit team nor contributors are not a judicial authority therefore publications may or may not be accurate, reflecting the truth or not, any content published on the platform does not contain any final judgment and therefore are not binding. OGAudit team commits to filtering posts containing legal offenses and removing them from the platform if legal action is pursued. However, it may not monitor all content simultaneously. In such cases, any legal liability arising from damages suffered by third parties due to the publication of such content belongs to the person/entity who posted the content.
If you think that your personal or corporate rights have been violated due to any content published on our platform, please send the link and screenshot of the content to [email protected] . Your request will be carefully revised by our lawyers, and we will get back to you asap.
OGAudit is a collective movement of the crypto OG community. OGAudit has no affiliation with VCs, exchanges, or other entities. It was founded and funded by the Chief OG in 2023 and has been built by a handful of crypto enthusiasts, researchers, web developers, and community leaders.
We have seen many bears and bulls, been to the moon and back, been rug-pulled at times but did not give up, and are devoted to making web3 accessible to everyone in the most secure way.
test
Social