Bybit is a top-tier cryptocurrency derivatives exchange known for its lightning-fast matching engine and professional trading interface. Since its founding in 2018, Bybit has become one of the most popular platforms for margin and futures trading, processing over $10 billion in daily volume.
Pros & Cons
✅ Pros
- Ultra-fast order matching engine (100,000 TPS)
- Up to 100x leverage on perpetual contracts
- Portfolio margin for capital efficiency
- Copy trading feature for beginners
- Testnet for practice trading
- Competitive fee structure
- 24/7 multilingual customer support
❌ Cons
- Not available in USA, UK, and some other regions
- Fewer spot trading pairs than Binance
- Relatively newer exchange (since 2018)
- Limited fiat on-ramp options in some countries
Fee Structure
Margin Tiers
| Tier | Max Position | Max Leverage | Maintenance Margin |
|---|---|---|---|
| 1 | $25,000 | 100x | 0.5% |
| 2 | $100,000 | 75x | 1.0% |
| 3 | $500,000 | 50x | 2.0% |
| 4 | $2,000,000 | 25x | 5.0% |
How to Sign Up for Bybit
Bybit FAQ
Bybit offers up to 100x leverage on USDT perpetual contracts and up to 100x on inverse perpetual contracts. Spot margin trading supports up to 10x leverage.
Bybit is considered one of the safer crypto exchanges with proof-of-reserves, cold storage for funds, and regulatory licenses in Dubai and Cyprus. They have never been hacked.
Portfolio Margin on Bybit calculates margin requirements based on your overall portfolio risk rather than individual positions, allowing more capital-efficient trading for experienced traders.
Bybit charges 0.02% maker fees and 0.055% taker fees for perpetual contracts. VIP tiers offer reduced fees based on trading volume and asset balance.