Plusfeed
Bybit is a crypto exchange founded in 2018. Its main office is now in Dubai. It first became known as a place to trade futures, and later added everything else.
What it offers
- regular buying and selling of coins;
- futures and options — leveraged trading for experienced users;
- copy trading: you can mirror other traders’ positions;
- interest on your coins;
- a unified trading account where different kinds of trading share one balance.
Bybit also has its own card, Bybit Card. According to users, it’s sometimes used to top up for promos, for example on Pump.fun.
Who it suits
If you just want to buy crypto, any large exchange will do. People usually pick Bybit for futures and copy trading. Just remember: leveraged trading is high risk, and beginners shouldn’t rush into it.
Availability
Bybit has different terms for different regions. For example, Europe has a separate platform, bybit.eu. Check whether the exchange is available in your country before signing up.
Before you sign up
- Complete verification (KYC): many features aren’t available without it.
- Turn on app-based two-factor authentication and an anti-phishing code in the security settings.
- Don’t keep everything on the exchange. For long-term storage, your own wallet is better.
FAQ
Where is Bybit based?
The exchange was founded in 2018 and its main office is now in Dubai. Europe has a separate platform, bybit.eu.
Is Bybit good for beginners?
Buying crypto there is simple, but futures and leveraged trading are high risk, so beginners shouldn’t rush into them.
What is copy trading?
A feature that mirrors a chosen trader’s positions in your account. Profit isn’t guaranteed.
