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Bybit

Dubai, United Arab Emirates · VARA (Dubai), VATP (Hong Kong)

Created Jul 1, 2026 · Updated Jul 18, 2026

★★★★☆4.0· 1 review

Spot Fee

0.10%

Platforms

4

Coins

1300+

About Bybit

Bybit was founded in March 2018 by Ben Zhou and relocated its global headquarters from Singapore to Dubai in 2022. As of 2026, it serves over 80 million users across 240+ countries and ranks as the world's second-largest cryptocurrency exchange by trading volume. The platform offers spot trading, futures/perpetuals, options, copy trading, automated bots (grid/DCA), staking, structured products, and Web3 tools. It holds regulatory licenses including VARA in Dubai and VATP in Hong Kong, and features a MiCA-licensed Bybit Card offering 20% cashback for crypto-to-fiat spending in Europe. Non-VIP users pay 0.10% spot maker/taker fees and 0.01% maker / 0.06% taker for perpetuals and futures. The exchange supports over 1,300 currencies and maintains cold storage, multi-signature wallets, and real-time risk monitoring for security.

Pros

+Supports over 1,300 cryptocurrencies with deep derivatives liquidity
+Competitive fee structure: 0.10% spot, 0.01% maker / 0.06% taker for futures
+Advanced trading tools including copy trading, grid/DCA bots, and up to 100x leverage
+MiCA-licensed Bybit Card enables crypto-to-fiat spending with 20% cashback in Europe
+Strong security infrastructure with cold storage, multi-signature wallets, and real-time risk monitoring

Cons

-Limited fiat integrations compared to heavily regulated exchanges
-Regulatory warnings in several jurisdictions despite VARA and VATP licenses
-High leverage (up to 100x) increases risk for inexperienced traders
-No dedicated desktop application; relies on web and mobile platforms
-Withdrawal fees vary by cryptocurrency and network congestion

Community Reviews

1 total
AAlex 王★★★★☆

Unbeatable for futures trading

Bybit is the king of crypto derivatives. The perpetual futures liquidity is unmatched — you can open and close 50K positions without slippage on BTC and ETH. The trading interface is the best I have used, better than Binance futures. Funding rates are transparent and predictable. I trade mainly BTC and ETH perps with 3-5x leverage, nothing crazy. Made consistent profits following trend breaks on the 4H chart. The launchpad and launchpool are nice bonuses — got some free tokens just for staking USDT. Downsides: spot trading volume is lower than Binance or OKX, and some countries are geo-blocked. Also the KYC got stricter recently which is a hassle but understandable.

7/18/2026

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> NFA — reviews are community-driven. Past performance does not guarantee future results. DYOR.

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