Bybit review 2025

Our opinion of Bybit

Bybit is a top rated cryptocurrency trading platform offering a wide range of beginner friendly and advanced trading options including perpetual contracts, futures, and spot trading. Thanks to its user friendly interface, high liquidity, and leverage options, it’s an ideal exchange for both novice and seasoned traders. 

This Bybit review explores the trading platform in detail. Our team of broker experts have personally tested, reviewed, and investigated Bybit and you can find out more about the platform right here. Use this review to learn more about what you can expect when you sign up and register an account with Bybit. 

*Bybit is unavailable in the United States and United Kingdom

Bybit highlights

Investing options

4.4

What can I do with Bybit?

On Bybit you can do a lot. It’s one of the most comprehensive trading platforms around with a suite of trading options to suit all levels of trader. One of the primary ways you can trade on Bybit is through perpetual contacts. Sometimes referred to as ‘perps’, these contracts are similar to traditional futures contracts, but without an expiration date. 

Bybit also offers futures contracts with various expiration dates allowing to trade both short and long term. In addition to contracts, you can access spot trading on Bybit which allows you to buy and sell actual cryptocurrencies. One of the main features of trading on Bybit is that you’ll have access to leverage, sometimes as high as 1:100. 

While the platform is best known for its trading services, Bybit also includes a unique copy trading feature where you can mimic the trades of others directly into your own account. There is also a host of other services including charting tools, real time market data, and a range of risk management features. 

What accounts does Bybit offer?

Bybit offers lots of accounts and services including a traditional exchange. In addition, you can obtain loans, earn rewards, and more. Below we’ve included some of the accounts available with Bybit. 

Products, markets & assets

What products and assets can you trade on Bybit?

Bybit offers hundreds of cryptocurrency pairs as well as thousands of NFTs. The numbers for both are always changing as Bybit is often quick to add new coins. 

What leverage trading options are there?

Bybit offers leverage on many of its products. Leverage up to 1:100 is available via a ‘leverage bar’. This bar lets you select the amount of leverage you want to use. 

What are the spreads?

Spreads on Bybit are variable and different depending on the product you are trading. For example, if you use Bybit’s MT4 platform, spreads can be as low as 0pips. For other derivatives, spreads can be higher. 

Bybit trade sizes and limits

Trade sizes and limits vary depending on the coin you trade. For more liquid coins such as Bitcoin, limits tend to be lower. 

Crypto

What cryptocurrency pairs can be traded on Bybit?

On Bybit you can trade hundreds of cryptocurrencies. Besides the big names like Bitcoin and Ethereum, there are hundreds of altcoins. Bybit is renowned for its speed when it comes to adding new coins. Below is a selection of some of the tokens on Bybit. 

What are the fees for buying and selling cryptocurrencies?

Bybit has a competitive fee structure for trading crypto. For spot trading, non-VIP users are charged a flat fee of 0.1% for both makers and takers. 

For derivatives trading, the fees are set at 0.02% for makers and 0.055% for takers. Additionally, options trading carries a fee of 0.02% for both makers and takers.​ The platform also implements a tiered fee structure based on trading volume and VIP level. ​

Does Bybit offer staking and rewards?

Yes, Bybit offers staking services that allow you to earn rewards by holding certain cryptocurrencies. Bybit offers ETH 2.0 liquid staking, where you can stake Ethereum and earn rewards by still having the flexibility to trade your staked ETH. 

Deposits & withdrawals

What are the minimum & maximum deposits?

Bybit lets you deposit funds using a range of payment methods and fiat currencies. There is also the option to deposit funds into your Bybit trading account using cryptocurrency.

What are the minimum and maximum withdrawals?

The minimum and maximum withdrawals depend on the payment method you use, although withdrawals are generally capped at $50,000 per day. 

What are the deposit and withdrawal options fees, limits, and speeds?

Crypto and debit/credit card withdrawals are processed immediately and funds are returned to you almost instantly. Other payment methods take a day or two to process.

Fees & costs

How do Bybit fees work?

Bybit has different fees for the various markets and products it offers. Here’s a breakdown of the fees you may pay when using Bybit. 

What are Bybit’s trading fees?

When you trade on Bybit you’ll pay spreads and commissions. The amount you’ll pay varies depending on which trading instrument you’re using, the coin, and other factors. Here’s a quick look:

Platforms & usability

What devices can I use Bybit on?

Bybit can be accessed on all devices including smartphones and tablets via its dedicated app. That’s in addition to its web-based trading platform and MetaTrader 4. 

Bybit mobile app review

You can download the Bybit mobile app on both iOS and Android devices. The app lets you execute trades, monitor the market, and manage your portfolio with ease. Many of the features available on Bybits webtrader are also available on the mobile app. 

Real-time market data, advanced charting tools, and easy navigation between markets are just some of the app’s top features. The mobile app also includes access to Bybit’s copy trading feature, which means you can replicate the trades of successful traders while on the go. 

Web trading platform

The most important question any user has is: How easy is it to use Bybit?

Bybits web trading platform is intuitive and easy to use. It is designed for both novice and seasoned traders offering a range of tools and features suitable for different levels of experience. The Bybit web trading platform is well known for its high liquidity and low latency which means your trades are executed and filled quickly and efficiently. 

The Bybit web trader also includes a range of advanced charting features and tools designed to make technical analysis easier. The platform also supports multi-language options so you’ll be able to navigate with ease, even if English is not your first language. 

Desktop trading platform

Bybit offers a desktop trading platform through MetaTrader 4 (MT4). This well known platform gives traders access to advanced analytical tools, customizable charts, and automated trading through Expert Advisors (EAs). 

Bybit’s MT4 supports trading in more than 20 popular cryptocurrency pairs with very tight spreads starting from 0 pips and low fees. If you’re a beginner, you can make use of a real time demo account on MetaTrader 4. 

Key features

Bybit is one of the most feature-rich trading platforms available in in the crypto market and there’s something for everyone. Below, we’ve selected three of its top features and explained more about them.  

P2P platform 

On Bybit you can buy and sell cryptocurrencies by directly transacting with other users. The Bybit P2P platform allows you to negotiate deals, select your preferred payment method, and set your own prices. Bybit’s P2P offers something called ‘HotSwap’ which integrates external liquidity providers to offer competitive prices and streamlined transactions. 

Bybit trading bot

On Bybit you can design and automate your trading strategy by using its Trading Bot. These automated trading tools support various strategies such as grid trading and scalping. The bot runs 24/7 and can be preprogrammed to follow your instructions ensuring that you don’t miss any trading opportunities. 

TradeGPT

Bybit’s AI-powered trading assistant TradeGPT uses advanced algorithms to analyze market trends, predict price movements, and provide trading recommendations you can act on. The AI software can run reports on any token listed on the Bybit exchange and is an ideal solution for you to include AI-driven intelligence in your trading strategies. 

Safety & reliability

Is Bybit safe?

Yes, Bybit is a safe crypto exchange platform. Bybit is regulated by various authorities across the world. It also is ranked in 2nd place behind Binance as the most trusted crypto exchange according to Coingecko. 

Is Bybit regulated?

Yes, Bybit holds regulatory licences from CySEC, the Virtual Assets Regulatory Authority, Dubai, and the Astana Financial Services Authority, Kazakhstan.

Bybit customer support review

The first place to visit if you need any help with Bybit is its help centre. Here you can find answers to the most common questions. If you still require help you can open a support ticket or use the live chat feature. 

What are the risks of using Bybit?

The main risk of using Bybit is losing money. The crypto market is fast and volatile, with large price swings not uncommon. If you’re not careful, you can easily lose money. However, this risk is not directly linked to Bybit and is more of a general overview. Below are a few risks you should consider before opening an account with Bybit. 

• Crypto is volatile. As just mentioned, the crypto market is fast and volatile. Sudden price moves are common and not unexpected. Before investing or trading crypto, you should be prepared for volatility. 
• Bybit is not available in certain regions. Bybit is unavailable in the United States and the United Kingdom. Before you register an account, you should make sure it is available in your region. 
• Trading with leverage is not recommended. Leverage is an excellent tool for traders who know what they’re doing. But if you’re a beginner, it’s recommended to stay away from leverage as the risks far outweigh the benefits. 

Research & analysis tools

What trading tools are on offer?

Bybit’s platform has a wide selection of trading tools available. From indicators to fundamental analysis, it’s one of the most comprehensive exchanges for research and trading features.

One click buy

The one click buy feature on Bybit lets you buy cryptocurrencies directly through the platform. This tool lets you buy or sell coins using various payment methods including credit cards, third party apps, or fiat balances. One click buy simplifies the buying process and makes cryptocurrency accessible, even for beginners. 

Perpetuals and futures 

Among the comprehensive derivatives trading options on Bybit perpetual contracts and futures are some of the most popular. These types of contracts allow you to speculate on the future price movements of a cryptocurrency, without actually owning the underlying asset. Perps, unlike traditional futures, have no expiration date, meaning you can hold a position for as long as you wish. 

Leverage products

With Bybit you can trade using leverage, up to 1:100. Bybit also offers leveraged tokens, which provide an easy way to gain leveraged exposure to crypto, without the complexities of managing margin trades. Leveraged tokens are a convenient option for traders looking to take advantage of borrowing, with simplified risk management. 

Education & learning resources

What educational resources are on offer?

The educational section on the Bybit website is packed with features and tools designed to help you improvise your knowledge and learn new skills. There is something for everyone ranging from video courses to demo accounts and even copy trading. Here’s a quick look at what educational resources are available on Bybit. 

Livestream 

Livestream is a feature on Bybit that keeps you updated with real time market insights and expert analysis. As its name suggests, these live sessions are similar to news bulletins and provide an opportunity for you to learn from industry experts and stay informed about the latest market trends and news. 

Bybit learn

The educational hub on Bybit is designed to give you the tools and knowledge to successfully navigate through the cryptocurrency market. Bybit Learn is packed with educational content, from videos to courses and more. These resources cover a range of topics from the basics of crypto and blockchain to advanced trading strategies. 

Bybit options course

The Bybit options course is an educational program focused on options trading. The course is designed for all levels of experience and breaks down complex options trading concepts into easy to undetsand modules. The courses cover a range of topics from cap and put options, options parameters, and the difference between various types of contracts. 

Bybit video review

Bybit customer reviews

Bybit has good scores across several review websites. While it could improve in some areas, according to users, it is one of the better cryptocurrency exchanges out there. 

Our verdict

We’ve explored the many features and capabilities of Bybit in this review. The platform offers a range of trading options including spot, derivatives, and innovative products like leveraged tokens and perpetual contracts. It’s user-friendly app and the inclusion of MT4 means Bybit is a good option for beginners, or those with experience trading other markets. 

After testing the platform for an extended period our conclusion is that Bybit is a top rated crypto exchange. However, despite its many advantages, its important to remember that Bybit is not available in the UK and USA, which is a significant drawback to users in these regions. 

Who is Bybit suitable for?

Bybit is suitable for all levels of trader, although many of its tools and features are designed for users with some experience. Some of its more advanced features like leveraged trading are best left to experienced traders. 

Is Bybit good for beginners?

Yes, Bybit is a top exchange for beginners thanks to its dedicated educational hub. The learning section on Bybit is packed with courses, videos, and more designed to help new traders improve their skills and knowledge. 

Our methodology

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We test each crypto exchange to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other exchange platforms we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the platform, conduct research, and score the service.

To supplement our practical testing and experience, we research the exchange to gather any further relevant information and provide context to help you decide whether the broker is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

The crypto exchange is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with the individual brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process. 

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