About Bybit.com
Established in March 2018, Bybit.com is one of the fastest growing cryptocurrency derivatives exchanges, with more than 1.6 million registered users. Built on customer-centric values, they endeavor to provide a professional, smart, intuitive and innovative trading experience for retail and professional clients around the world. Bybit is committed to creating a fair, transparent and efficient trading environment, and offer 24/7 multi-language customer support to provide assistance in a timely manner.
- About Bybit.com
| Exchange | Details |
|---|---|
| Exchange Name | Bybit.com |
| Exchange Type | Cryptocurrency |
| Withdraw Fee | 0.0005 BTC |
| Deposit Fee | Free |
| Taker Fee | 0.075% |
| Maker Fee | 0.025% |
| Support | 24/7 |
| Top Country | India |
| Website | Homepage |
How To Sign Up & Start Trading
Bybit Trading fees
Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. They call makers for “makers” as their orders make the liquidity in a market. Takers are the ones who “take” this liquidity by matching makers’ orders with their own.
Bybit Exchange offers two types of trading: contracts trading and spot trading. The focus is undoubtedly the contracts trading functionality. Spot trading was launched on 15 July 2021.
At Bybit, takers are charged 0.075% per order when trading contracts. When it comes to the makers, their fee is -0.025%. This essentially means that each maker get paid to trade. To clarify, let’s say that you are the maker in an order where you purchase cryptocurrency for USD 1,000. This means that instead of paying USD 1,000, you will only have to pay USD 997.50. This is a very competitive trait indeed.
According to the most extensive industry report ever prepared on contract trading average fees, the global average contracts trading taker fee and maker fee was 0.063% for takers and 0.018% for makers. Accordingly, Bybit is slightly above average when it comes to its taker fees but substantially below average with respect to maker fees. All in all, the fees here are attractive.
Spot trading fees are set at 0.10% for takers and 0.00% (free!) for makers. This is substantially below the global industry averages (0.215% and 0.162% according to the same report).
Inverse Contract
| Perpetual Contracts (Inverse) | Highest Leverage | Maker’s Rebate | Taker’s Fee |
| BTC/USD | 100x | -0.025% | 0.075% |
| ETH/USD | 50x | -0.025% | 0.075% |
| XRP/USD | 50x | -0.025% | 0.075% |
| EOS/USD | 50x | -0.025% | 0.075% |
Bybit Withdrawal fees
Bybit.com Exchange withdrawing BTC from the Bybit trading platform, you will have to pay 0.0005 BTC per BTC-withdrawal. This is slightly lower than the current global industry average, being 0.00059 BTC per BTC-withdrawal.
Deposit Methods
Bybit does not accept any deposits of fiat currency. This means that new investors (i.e., investors without any previous crypto holdings) can’t trade here. In order to purchase your first cryptos, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency.
Bybit Mobile Support
This platform is not only available for desktop, but also Android and Apple mobile phones. Most traders in the crypto world today carry out their trades via desktop (around 70% or so). However, there are naturally people out there that want to do it from their smart phone as well.
Why Choose Bybit
Building Trust With Transparency
Bybit.com Exchange Reliable pricing mechanism with robust mark price and index price methodology. A plethora of real-time data is made available to traders. The friendly and experienced support team is available on 24/7 live chat anytime, anywhere.
An Intuitive Powerhouse Trading Platform
Bybit has a 99.9% availability track record. Trade confidently with Bybit’s competitive market depth and liquidity.
Dependable Security
Enjoy maximum protection with 100% funds storage in the multi-signature cold wallet. Your funds are safe with Bybit’s stringent withdrawal process via the Offline Signature function.
Affiliate Benefits
Most Competitive Trading Fee Commission
Exclusive promotions for the best performing affiliates.
Affiliate System
Bybit.com Exchange industry’s most comprehensive affiliate backend system: supports daily commission settlement cash withdrawals, and comes with a quick-view dashboard for commission reports and details.
Marketing Support
Individually customized marketing material combined with bespoke marketing activities to address different needs.
