Bybit

Bybit

Bybit is a cryptocurrency derivatives exchange platform that offers trading on perpetual contracts for major cryptocurrencies like Bitcoin and Ethereum. Bybit has competitive fees, high liquidity, and a fast matching engine.
Bybit image
crypto exchange trading derivatives perpetual-contracts bitcoin ethereum

Bybit: Cryptocurrency Derivatives Exchange Platform

Bybit offers trading on perpetual contracts for major cryptocurrencies like Bitcoin and Ethereum, with competitive fees, high liquidity, and a fast matching engine.

What is Bybit?

Bybit is a cryptocurrency derivatives trading platform that launched in 2018. It focuses on perpetual contracts, which are derivative products that have no expiration date and allow traders to long or short cryptocurrencies like Bitcoin and Ethereum with leverage.

Some key features of Bybit include:

  • Competitive trading fees starting from 0.075% for maker/taker
  • High liquidity across BTC/USD, ETH/USD and other major trading pairs
  • Fast trade matching engine capable of up to 100,000 TPS
  • Supports up to 100x leverage
  • Sophisticated risk management tools like Take Profit/Stop Loss
  • 24/7 live chat support
  • Mobile trading apps for Android and iOS devices

Bybit has quickly become one of the most popular margin trading platforms in the crypto space. It's known for its reliability, rapid order execution, and range of advanced trading features suited for both new and professional traders. The exchange is registered in the British Virgin Islands and serves customers globally.

Bybit Features

Features

  1. Perpetual contracts trading for cryptocurrencies like Bitcoin and Ethereum
  2. Up to 100x leverage trading
  3. Competitive trading fees
  4. High liquidity
  5. Fast order matching engine
  6. Multiple order types
  7. Insurance Fund to help minimize risk of auto-deleveraging
  8. 24/7 live chat support

Pricing

  • Free
  • Custom Pricing

Pros

Low fees compared to competitors

Good liquidity results in tight spreads

Fast trade execution

Good charting tools

Supports multiple order types

Insurance fund provides extra protection

Cons

Only perpetual contracts, no futures contracts

Limited selection of trading pairs

No fiat currency deposits/withdrawals

Not available to US traders


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