CEX (Spot) Active

Bybit

Independent exchange overview with verified data points.

Extras

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Exchange overview

HQ Country	UE
Founded	2018
KYC Level	Basic
Fiat Onramp	Not listed
Fiat Currencies	—
Support Channels	chat, email
Proof of Reserves	Supported
Maker / Taker (bps)	— / —

Editorial policy

Description

Bybit is generally described by users as a fast, reliable, and trader-oriented platform, particularly strong in derivatives trading. Many traders appreciate its smooth interface, high liquidity, and quick order execution, especially during volatile market conditions. It’s often seen as a go-to exchange for futures trading due to its competitive fees and advanced tools.

At the same time, users frequently note that Bybit is not ideal for beginners, as leverage trading carries significant risk and requires proper risk management. There are also mentions of strict KYC procedures and regional restrictions, which can limit access to certain features. Overall, it is viewed as a powerful platform best suited for experienced and active traders.

Other things to consider

Features

Spot trading Margin Futures Perpetuals Options Staking & Earn P2P OTC Copy trading API (REST) API (WebSocket)

Security checklist

Two-factor authentication Yes
Hardware 2FA Yes
Withdrawal whitelist Yes
Anti-phishing code Yes
Session management Yes
Bug bounty Yes
Public pentest No
Insurance disclosed Yes

Fees & tiers

Maker/Taker: — / —

Deposit fees policy

Deposit fee policy not disclosed.

Withdrawal fees policy

Withdrawal fee policy not disclosed.

Fee notes

No additional fee notes disclosed.

Transparency

Proof of Reserves	Supported
Assets proof	Yes
Liabilities proof	No
Method	—
Auditor	—
Report	—
Last report	—

Incidents

Date	Type	Severity	Source
No incidents have been recorded.