Bybit Broker Review

Thinking about trading cryptocurrency? Bybit might be a good option for you. Bybit is a well-known and secure platform for trading cryptocurrency derivatives. It offers many advanced tools for trading and has strong security with no downtime. However, it’s not available in the U.S. Let’s take a closer look at what Bybit offers and see if it’s the right choice for you.

What is Bybit?

Bybit is one of the three biggest cryptocurrency exchanges by trading volume, with 20 million users. It started in 2018. Traders can use Bybit to trade cryptocurrency contracts with up to 100 times leverage. In just a few years, Bybit has gained a lot of users and respect, making it one of the most popular crypto exchanges in the world.

Is Bybit safe or a scam broker?

Yes, Bybit is safe, although it isn’t heavily regulated. Most reviews show that customers are happy with Bybit. Its trading platform is easy to use but is best for experienced traders who know advanced financial tools. Bybit works well with TradingView, making it easy to analyze the market and make trades.

Bybit allows you to trade with high leverage up to 100x and has clear fees. For those interested in different investment strategies, Bybit offers copy trading for both derivatives and spot markets, so you can automatically copy the trades of successful investors.

Bybit provides 24/7 customer support, secure banking, and quick deposits and withdrawals. They also have a crypto debit card, which lets you spend your digital assets on everyday purchases.

We suggest doing your own research, but Bybit seems to be a great exchange and a good choice for investors.


Is Bybit safe or a scam?

Bybit is not a scam. Bybit is self-regulated but has insurance to cover any problems with futures contract settlements.

How many instruments can I trade with Bybit?

You can trade cryptocurrencies on Bybit.

Which platforms does Bybit support?

Bybit supports its own trading platform and the MetaTrader4 platform.

More read: How To Check If A Broker is Legit? How to Spot a Scam?