Yes, Bybit stores funds in cold wallets, supports two-factor authentication, and publishes Proof of Reserves — public confirmation of reserves. The exchange has never been hacked and received a CASP license in the EU in 2025.

Spot trading — 0.1% maker and taker, futures — from 0.02% maker / 0.055% taker. P2P has no exchange-side fee. USDT withdrawal via TRC-20 is about 1 USDT. VIP tiers reduce rates as volume grows.

How to deposit funds on Bybit?

The most cost-effective method is P2P: buying USDT directly from other users via bank transfer or card with no exchange fee. The alternative is card purchase through a third-party provider (2–3% fee).

Is Bybit available in CIS countries?

Yes. Bybit operates across the CIS region: P2P supports RUB, UAH, KZT and other currencies, with bank transfers available. Full functionality unlocks after KYC verification.

Is KYC verification required on Bybit?

For basic trading and P2P, verification is required. The process takes 5–10 minutes: uploading a document and a selfie. Level 1 allows withdrawals up to 20,000 USDT/day; Level 2 removes limits.

Is Bybit good for beginners?

Yes. The "Buy Crypto" interface simplifies a first purchase, verification is fast, and copy trading lets beginners follow experienced traders. Beginners should avoid high leverage on futures due to liquidation risk.

Bybit — What You Need to Know About Bybit

Editor's Choice

P2PFuturesOptionsCard100xKYC

Create AccountUp to 30,000 USDT bonus

Bybit referral code:BINEXPART

Is Bybit Worth Using?

4.8

BinExpart score / 5

Bybit is the world's second-largest crypto exchange by derivatives volume and one of the few platforms retaining full access for CIS users. In BinExpart testing, Bybit scores 4.8 out of 5: the platform combines deep futures-market liquidity, mature copy trading with thousands of strategies, and zero-fee P2P supporting RUB and UAH. Proof of Reserves is published, and a CASP license in the EU was obtained in 2025. The exchange is best suited to active derivatives traders and copy-trading users; beginners benefit from the simple "Buy Crypto" interface and fast 5–10 minute verification. The main limitation is that direct fiat deposits are only possible via P2P or a third-party card provider, and the altcoin selection is smaller than MEXC or Gate.io.

Security

9/10

Fees

9/10

Liquidity

10/10

Derivatives

10/10

Service

9/10

About the Exchange

Bybit was founded in 2018 by Ben Zhou and today serves over 60 million users across 160+ countries. It is headquartered in Dubai, with legal registration in the British Virgin Islands. According to CoinMarketCap, the exchange ranks top-3 by derivatives trading volume and became a primary venue for CIS traders after conditions tightened on other platforms. Bybit offers spot, perpetual and quarterly futures, options, margin trading, copy trading, trading bots, a Web3 wallet, and Earn passive products. In 2025 the platform received a CASP license in the EU and publishes Proof of Reserves — independent confirmation of reserves backing client funds.

Key Parameters

Founded

2018

Headquarters

Dubai, UAE

Founder

Ben Zhou

Users

60 000 000+

Coins

700+

Spot

Yes

Futures

Yes

Options

Yes

Margin Trading

Yes

Max Leverage

100x

P2P

Yes

Card Purchase

Yes

KYC

Yes

Copy Trading

Yes

API

Yes

Trading Bots

Yes

Mobile App

Yes

Proof of Reserves

Yes

Regional Availability

Instruments & Features

Bybit provides a complete set of trading instruments. The spot market has over 700 pairs with high liquidity on major assets. Derivatives include USDT and USDC perpetual contracts with up to 100x leverage — one of the most liquid futures markets in the industry. BTC and ETH options settled in USDC suit hedging. Copy trading with thousands of strategies lets users automatically follow experienced traders — a key platform feature. For automation, trading bots are available, including Grid strategies for sideways markets and DCA bots. Additionally, Bybit Earn (staking, flexible and fixed deposits) and a Web3 wallet with DeFi access are offered.

Spot, Futures, Options

Spot

Over 700 trading pairs. High liquidity on major pairs. Limit, market, and conditional orders available.

Futures

USDT and USDC perpetual contracts. Up to 100x leverage. Cross and isolated margin modes. One of the most liquid futures markets.

Options

Options available for BTC and ETH. European-style options settled in USDC. Suitable for hedging and advanced strategies.

TradFi & Tokenized AssetsNEW

In 2025–2026 Bybit has been actively expanding into tokenized and traditional assets (TradFi). xStocks are tokenized stocks and ETFs backed 1:1 by real securities (Backed Finance): 60+ instruments including Apple, Tesla, NVIDIA, traded against USDT on spot 24/7 with no brokerage account. TradFi Perpetuals (since April 2026) are perpetual contracts on 20+ US stocks, 3 commodities (gold, silver, crude oil) and 3 ETFs with up to 10x leverage and round-the-clock trading. Grid bots on tokenized stocks are available for automation. Note: availability of tokenized assets and TradFi contracts depends on the user's jurisdiction and regulatory requirements — check availability in your region after registration.

Start Trading Bybit

P2P & Card Purchase

P2P platform supports RUB, UAH, KZT and dozens of other currencies. Zero-fee trading with multiple payment methods including bank transfers and e-wallets.

Crypto purchase via bank card through third-party providers. Visa and Mastercard supported. Fee depends on provider (usually 2-3%).

Fees

Spot trading: 0.1% maker and 0.1% taker — the market-standard rate. Futures: 0.02% maker / 0.055% taker, below the industry average. P2P trading carries no exchange-side fee (only the seller spread, usually 0.5–2%, applies). USDT withdrawal via TRC-20 is about 1 USDT flat. VIP tiers reduce fees as trading volume grows: at high tiers spot maker fees drop to 0.005%. There are no hidden custody or account-maintenance fees.

Spot

0.1%

Futures

0.02%

Bonuses & How to Get

Up to 30,000 USDT for new users. Bonuses are earned by completing tasks: first deposit, first trade, KYC verification. Regular promotions and airdrops.

How to get the bonus: