Company Info
Bybit kicked things off in 2018, cooked up by Ben Zhou, a guy who’d been around the forex block before jumping into crypto. It started out in Singapore, but when the rules got tight, it shifted gears – first to the British Virgin Islands for its registration, then planting its main hub in Dubai by 2023. In 2025, Bybit’s a big deal, moving $15 billion in trades daily and holding about $500 billion in assets. That’s serious cash, showing it’s got a solid fanbase.
With over 2,000 employees scattered globally, it’s reaching folks in 160+ countries, keeping in line with places like Dubai’s Virtual Assets Regulatory Authority (VARA) and Cyprus’ regulators. It’s not all rosy – some spots like the U.S. say no thanks – but Bybit keeps rolling, tweaking its game to fit the rules wherever it lands.
Website
https://www.bybit.com
Restricted Regions
Bybit’s got a wide reach, hitting over 160 countries, but it’s not welcome everywhere. The U.S. is off-limits due to tough crypto laws – no Bybit for folks in New York or California. The U.K.’s out too, with its regulators keeping things strict, and don’t even think about Canada’s Quebec or places like Singapore and Syria. If you’re in one of those zones, tough luck. Bybit’s site keeps a running list of where it’s blocked, so a quick check there will tell you if you’re good to go or stuck watching from the outside.
Sign-Up Bonus
New to Bybit? They’ve got some welcome goodies to hook you in. In 2025, you might score up to $30,000 in bonuses – like a $20 USDT kickstart after your first deposit or trade, tied to their referral code deals. Sometimes it’s fee discounts for a month or extra perks if you hit a trading goal. These switch up fast – last year, they dangled $50 for a $100 trade – so keep an eye on their promo page. It’s not life-changing money, but it’s a decent nudge to jump in and test the waters.
Supported Cryptocurrencies
Bybit’s a playground for coin hunters. By 2025, they’re boasting over 1,200 cryptocurrencies. You’ve got the big dogs – Bitcoin (BTC), Ethereum (ETH), USDT – plus risers like Cardano (ADA), Avalanche (AVAX), and Chainlink (LINK). Feeling adventurous? They’ve got oddballs like Aptos (APT), Pepe (PEPE), and even some niche DeFi tokens that could soar or flop. It’s not just about spot trading either – Bybit’s heavy on derivatives, so you can play futures on tons of these. Whatever you’re into, Bybit’s shelves are stocked.
Deposit Methods
Getting cash into Bybit is pretty straightforward – they’ve got options for days. Here’s the scoop:
- Bank Transfer: Free through partners, but your bank might nick you a bit.
- Credit/Debit Card: Hits you with 1-2% fees, quick but pricey.
- P2P Trading: No fees, just swap with another user.
- Crypto Deposits: Free, only pay the network fee.
- PayPal: Some regions get it, around 2% sting.
Google Pay/Apple Pay: Newer picks, 1-2% cost.
Stick to P2P or crypto if you’re watching your wallet – cards and PayPal bite harder.
Trading Technology
Bybit’s come a long way since its early days. In 2025, it’s all about one sleek platform – no more juggling apps. You get crisp charts with over 50 indicators, trades that fire off in a blink (they claim 100,000 transactions a second), and order types like limit, market, and conditional to keep you in control. It’s built for speed and power, whether you’re a newbie or a pro staring at screens all day. They’ve added copy trading too – mimic the big shots if you’re feeling lazy. It’s a far cry from its clunky start, proving Bybit’s not sitting still.
Trading Features
Bybit’s trading setup is like a toolbox for every kind of player. Fees kick off at 0.1% for spot (drops if you’re a VIP), and futures are even cheaper at 0.02% maker/0.055% taker. Charts let you geek out on every price twitch, and you’ve got market, limit, and stop-loss orders to play with. Futures crank it up with 100x leverage – wild if you’ve got the guts. Copy trading and bots are there for hands-off folks. It’s a full-on trading buffet.
Support Contacts
Got a problem? Bybit’s got ways to reach out, though it’s not always instant. Check these:
- Live Chat: Fast for easy fixes, but bots lead the dance.
- Email: Slower, takes a day or so, but they dig deep.
- Help Center: Tons of guides – start here.
- Twitter (@Bybit_Official): Quick yells can work.
- Discord: Community vibes, users chip in.
It’s not flawless – bots can slow you down, and human help isn’t lightning – but you’ll get there with some grit.
General Ratings
Bybit Exchange Review
Hey, crypto crew! Let’s unpack Bybit – the exchange that’s been making waves since 2018. Whether you’re grabbing your first BTC or chasing ADA’s next jump, Bybit’s likely popped up on your radar. But in 2025, with other platforms gunning for its spot, is it still a winner? We’re breaking down its fees, features, security, and more, with Jack’s 88/100 stamp. Grab a snack – this one’s a ride!
Pros
- Huge Coin Pile: Over 1,200 coins – BTC, LINK, whatever you want.
- Cheap Fees: Spot at 0.1%, futures even lower – tough to beat.
- Rock-Solid Security: 2FA, cold wallets, no big hacks yet.
- Big Reach: 160+ countries in the mix.
- Trading Muscle: Futures, copy trading, bots – full kit.
- Fast Moves: Trades zip at 100k per second.
- Extra Cash: Staking and bonuses keep you earning.
Cons
- Support Slumps: Replies can drag – patience needed.
- Banned Zones: No U.S., U.K., or a few others.
- Newbie Jitters: Too much for first-timers to chew.
- No Wallet Built-In: You’re sorting storage solo.
- Leverage Danger: 100x can burn if you’re not careful.
- Fiat Limits: Not many direct cash-out paths.
Shifting $15 billion daily with security that’s held tight, Bybit is a go-to in 2025. Fees are a bargain and the coin stash? Massive – you’ll find Pepe next to Ethereum easily. Jack’s 88/100 nails it. Yeah, support’s a slog sometimes, and newbies might freak, but for the juice you squeeze out? Bybit’s a keeper. Perfect for stacking profits or riding future waves.
Regulatory Status
Bybit’s no fly-by-night deal. It’s licensed in Dubai with VARA and Cyprus under CySEC, bending to fit local laws where it can. Still, it’s got hiccups – the U.S. bans it outright, the U.K.’s a no-go, and places like Canada’s Quebec give it the cold shoulder. It’s hustling to stay clean, tweaking its moves to dodge trouble.
Supported Cryptocurrencies
Bybit’s coin game is wild. In 2025, it’s rocking over 1,200 options – Bitcoin (BTC) and Ethereum (ETH) lead the pack, with USDT holding steady. Then there’s Cardano (ADA), Avalanche (AVAX), and Chainlink (LINK) for the climbers. Meme nuts get Pepe (PEPE) and Floki (FLOKI), while risk-takers chase Aptos (APT) or Arbitrum (ARB). It’s a buffet – pick your poison.
Rewards & Incentives
Bybit’s got some treats up its sleeve. Stake BTC, ETH, or ADA for 1-5% APY – just sit back and watch it grow. Newbies can grab up to $30,000 in bonuses with a referral code, maybe $20 USDT to start. Invite a buddy, snag $10-$25 each. Events like trading contests toss $5-$200 your way. Last week, I scored some free tokens just for joining a promo. It’s not a jackpot, but it’s sweet.
Rewards Review
| Bonus | Amount |
| Sign-up bonus | Up to $30,000 (varies) |
| Staking rewards | 1-5% APY (BTC, ETH, ADA) |
| Referral bonus | $10-$25 per friend |
| Event rewards | $5-$200 in contest prizes |
| Copy trading perks | Earn from top traders |
Bybit’s rewards are chill – staking’s steady, and events keep it fun. Nothing crazy, but it pads your pocket.
Rewards & Incentives Assessment
Trading Features
Bybit’s all-in-one now – spot, futures, everything’s in the app. Fees start at 0.1% for spot, 0.02%/0.055% for futures – cheap stuff. Charts pack 50+ indicators, and you’ve got market, limit, and conditional orders. Futures hit 100x leverage – nuts for the bold. Copy trading and bots let you chill while others work. It’s a trader’s candy shop.
Trading Technology Review
| Feature | Details |
| Main platform | One app, all features |
| Low fees | 0.1% spot, 0.02%/0.055% futures |
| Charting tools | 50+ indicators, slick setup |
| Order types | Market, limit, conditional |
| Futures trading | Up to 100x leverage |
Bybit’s got this thing about speed that’s hard to ignore—they claim their system can chew through 100,000 transactions a second without breaking a sweat. Most exchanges slow down or crash when the market goes nuts, but Bybit’s built to keep chugging along, no downtime, no excuses. It’s a big deal for traders who live or die by split-second moves, especially on wild days when Bitcoin’s bouncing like a rubber ball. They’ve even got a testnet sandbox where you can play around with fake cash, so you don’t blow your stack figuring out their tools. For users, it’s like having a racecar instead of a clunky sedan—you feel the power, and it’s there when you need it most.
Bybit throws down leverage up to 100x on their futures contracts, which is nuts, but they don’t just leave you hanging to crash and burn. Unlike some platforms that make high-stakes trading feel like a gamble in the dark, Bybit hands you controls like isolated margin—where you decide exactly how much you’re risking—and adjustable leverage you can tweak even after you’ve jumped in. It’s not about piling on complexity; it’s about letting you swing big without losing your shirt if things go south. Traders love it because it’s like they’ve strapped a jet engine to their trades, but with a seatbelt to keep them from flying out the window.
Here’s where Bybit gets clever: they’ve got this copy trading setup that lets you shadow top traders like you’re peeking over their shoulder. A lot of exchanges stick to basic buy-and-sell, but Bybit’s like, “Why not let the newbies ride the coattails of the pros?” You pick a hotshot from their leaderboard, sync up, and your trades mimic theirs—no need to crack the code yourself. It’s dead simple to start, and they throw in stats so you can spot who’s legit, not just some lucky fluke. For users, it’s a shortcut to winning without years of grinding—it’s like having a cheat code, but it’s all above board.
Trading Tools Assessment
Deposits & Withdrawals
Here’s the cash flow rundown:
| Method | Deposit Fee | Withdrawal Fee |
| Bank Transfer | Free (bank varies) | 0.0001 BTC (crypto) |
| Card | 1-2% | N/A |
| P2P Trading | Free | Free |
| Crypto | Free | Network fee |
| PayPal | 2% | N/A |
| Google Pay | 1-2% | N/A |
P2P and crypto win for cheap; cards and PayPal cost more.
Transaction Assessment
| Method | Deposit | Withdrawal | Withdrawal Time |
|---|---|---|---|
| Visa | Yes | No | |
| Bank Transfer | Yes | Yes (via P2P) | |
| P2P | Yes | Yes | |
| Crypto | Yes | Yes | |
| PayPal | Yes | No | |
| Google Pay | Yes | No |
Bybit’s got loads of ways in – P2P’s quick, crypto’s cheap. Banks lag a bit.
Transaction Assessment
Security & Reliability
Bybit’s tight on safety: 2FA (app or email), cold storage for most funds, multi-signature wallets, and no major hacks so far. They’ve got Proof of Reserves too – showing they’ve got the goods. Not bulletproof, but damn close.
Company and Security Review
| Different Degrees of Security | Description |
| Account Protection | Two-Factor Authentication (2FA) mandatory for logins, withdrawals, and key actions, with options like Google Authenticator, SMS, or email codes. |
| Asset Storage | Over 99% of user funds kept in cold storage, offline and shielded from hacks, using multi-signature wallets for extra safety. |
| Data and Transaction Security | Uses AES-256 encryption for all user data and transactions, paired with SSL/TLS for secure connections and real-time risk monitoring. |
| Security Assessment & Trust Score | Bybit’s seen as a reliable exchange with no major hacks to date, backed by regular Proof of Reserves and strong user trust, though it’s not regulated in some big markets like the US. |
Security Assessment
Bybit Customer Support
Bybit’s help lineup:
- Live Chat: Bots first, then people.
- Email: Slow but thorough.
- Help Center: Packed with answers.
- Twitter: Fast for loud cries.
- Discord: Users got your back.
It’s solid if you dig, but don’t expect instant hugs.
Support Contacts Review
| Live Chat | www.bybit.com/en/chat. |
| Help Center | https://help.bybit.com/hc/en-us |
| Submit a Request | https://help.bybit.com/hc/en-us/requests/new |
| Twitter Support | Tweet or DM @Bybit_Official or @Bybit_Help |
| Telegram Community | Join t.me/BybitEnglish and ask in the main group or check pinned messages for help. |
| Feedback Form | Access via Help Center under “Submit a Request,” select “Feedback,” and fill out the form. |
Customer Support Assessment
Bybit User Experience
Bybit’s fast and loaded – app’s smooth, site’s sharp, coins aplenty. It’s secure and cheap, but newbies might choke on the clutter. Trading’s a breeze once you’re in.
Platform Accessibility Review
| Aspect | Description |
| Mobile App | Bybit App (available on iOS and Android) |
| Convenience | Fast registration with email or phone, paired with a clean layout for easy navigation |
| Functionality | Supports over 300 cryptocurrencies, with strong focus on derivatives and copy trading |
| Accessibility Features | Dark mode, multilingual support (around 20 languages), and real-time market alerts |
| Text Customization | Limited options, but app scales text based on device settings |
UX Assessment
Bybit Similar Platforms
When it comes to crypto exchanges, Bybit holds its own against the big players, each with its own flavor of features and trade-offs. This table stacks Bybit up against Binance, Coinbase, Kraken, KuCoin, and Bitget, breaking down what you get in terms of user experience, coin variety, extra perks, and the nitty-gritty of fees and support. Whether you’re a pro chasing leverage or a newbie dipping a toe in, here’s how Bybit fits into the mix.
| Platform | User Experience | Coins | Extras | Fees/Support |
|---|---|---|---|---|
| Bybit | Pro-ready, complex | 1,200+ | Futures, bots | Low fees, slow help |
| Binance | Pro-grade, busy | 400+ | Futures, staking | Low fees, slow support |
| Coinbase | Easy, newbie | 150+ | Staking | High fees, okay help |
| Kraken | Techy, advanced | 100+ | Margin | Fair fees, spotty aid |
| KuCoin | Trader-friendly | 700+ | Lending, futures | Low fees, weak support |
| Bitget | Sleek, pro-leaning | 800+ | Copy trading | Low fees, mixed help |
Our Experts Verdict
Bybit’s a force in 2025. Newbies might stumble, but for low fees, crazy coin counts, and trading oomph, it’s a beast. Jack’s 84/100 sums it up – stellar with some scratches.
