ByBit was only founded in 2018 but is already considered by many as the best crypto exchange 2023. New users can pick up a sizable welcome bonus during the registration process, make use of 100x leverage, and receive support around the clock. In our latest mini-review, we put all of the important attributes of the site to the test!
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At the time of writing, users can invest in over 15 cryptocurrencies, buy or sell twelve crypto to crypto pairings and trade a great range of fiat to crypto pairs, too.
If we were trying to find the best crypto exchange based on user experience alone, then there is little doubt that ByBit would be amongst the best of them. ByBit offers a seamless registration process, the chance to redeem a significant welcome bonus and crisp site navigation. The homepage loads swiftly and offers an abundance of information relating to ByBit, including helpful links to support and further services.
|Standard||Simply verify your email address and you can get started with ByBit!|
|VIP 1-4||A pro account offers various discounts, access to exclusive events and a dedicated relationship manager.|
|Charting tools||Various trading indicators including Bollinger bands, double EMA, RSI and more|
|ByBit TradingBot||Automated software that trades on behalf of the user.|
|ByBit TestNet||A demo account for ByBit users. It allows traders to test strategies within the market risk-free.|
|LaunchPool||A place where you can stake and harvest new tokens and coins for free|
You can buy crypto using Visa, Mastercard, Google Pay, Bank Transfer and Revolut. Or, you can send crypto directly to your ByBit wallet.
|Deposit fee||0% unless depositing with RUB (1.5%)|
|Minimum withdrawal||Displayed in withdrawal window|
Contact customer support via email, 24/7 live support (online and phone) or by checking out the dedicated FAQs.
ByBit does not make use of the KYC process and is entirely anonymous; however, it makes use of the latest SSL encryption technology, offers 2FA to all of its users, fair fees and accessible terms and conditions.
The ByBit mobile application is available to iOS and Android users and offers the same great range of tools, assets and usability as its desktop counterpart.
At the time of writing, ByBit has over 10 million users
Yes, new users can unlock up to 4030 USDT when joining.
Yes, traders can test their strategies before risking their capital at ByBit.
The Bybit site loads promptly and offers a simple registration process. Accounts can be set up in minutes and a hearty welcome bonus can be redeemed. Deposits, withdrawals and trades can be placed online or via a dedicated app; however, the available cryptocurrencies are limited compared to other competitors.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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For US visitors, we recommend playing at Stake.us Social Casino instead.