Bybit.com - Review and reviews of the cryptocurrency exchange without mandatory verification

📝 Overview
⭐ Reviews (12)

Cryptus Exchange bybit rapidly gaining momentum gradually ahead of its competitors. In addition to classic trading, there is an opportunity to trade with leverage up to x100. The exchange often holds contests in which it distributes tokens and, most importantly, allows its customers to earn extra money.

In this article, we analyze everything you need to know about the cryptocurrency exchange. bybit.

Registration on Bybit

Cryptocurrency exchange Bybit: advantages and disadvantages
Reviews on the Internet about the Bybit exchange
Instructions for working with the Bybit.com exchange
Conclusion

Cryptocurrency exchange Bybit: advantages and disadvantages

Cryptus Exchange bybit was founded in 2018 and registered in the British Virgin Islands. The company is currently headquartered in Singapore. An interesting point is that this exchange does not accept clients from Singapore, but you can apply for a whitelist and you may be allowed to register.

The main specialization of the exchange is the trading of perpetual derivative contracts for cryptocurrencies. Leverage up to x100 is implemented for some assets. Despite this, there is also a classic spot trading.

bybit - International exchange. Clients from Europe, Russia, Southeast Asia and North America can trade, but US citizens cannot use the services of this exchange.

Let's immediately move on to a number of advantages and disadvantages of a cryptocurrency exchange. bybit.

Advantages:

Simple interface. The exchange is convenient and easy to use. It is pleasant to use and easy to learn for beginners. It is worth noting that there is an opportunity to use an advanced charting tool from TradingView;
Cross Platform. Cryptocurrency exchange bybit It is available both in the Web version and in mobile applications for Android and iOS. In addition, you can trade using the API;
Optional verification. In order to start trading, it is not necessary to pass KYC, which is a kind of significant plus in the current realities;
Low fees. The exchange boasts low commissions for making transactions, as well as for withdrawing funds;
Security. The security level of the exchange is at a high level due to the cold storage of most of the clients' assets;
Educational materials. For beginners and not only the exchange has prepared training materials that will help you start working with the exchange;
Contests and giveaways. Another advantage of this exchange is frequent contests and giveaways where you can win currency or tokens.

These are not all the advantages of this exchange. It will take a lot of time to write them all down here.

Disadvantages:

Low liquidity. Due to the fact that the exchange is only gaining its popularity, trading relative to other exchanges is slow.

As you can see, the exchange has a fairly wide range of advantages, which covers small disadvantages.

Reviews on the Internet about the Bybit exchange

What do they write on the network about the stock exchange bybit? Let's figure it out.

Reviewed №1

Reviewed №2

In general, the impression of viewing the reviews was positive. Of course, there are also negative reviews, but we believe that they are insignificant.

Personally, our opinion is the following: this exchange is a good alternative Binance after the imposed sanctions against the citizens of the Russian Federation. Let's go to the stock market bybit and we will probably leave a review soon.

Bybit exchange instructions

We have prepared a few instructions for working with the exchange in order to help you start using it faster.

Register

1. Go to the site bybit.com.

2. Click on the "Register" button.

3. Fill out the registration form (1 - Choose a registration method; 2 - Enter your email (Important: a confirmation code will be sent to the address you specified, so be sure to use an existing email address); 3 - Enter the password; 4 - Make sure that in the line "Ref. code" is our ID 7LMPXB; 5 – Be sure to agree to the terms and conditions of the exchange; 6 - Click on the "Next" button).

4. Confirm that you are not a resident or national of restricted countries or regions.

5. Confirm your email by entering the code that was sent to you.

Where to get wallet addresses

1. Click the Assets tab, then Spot Account.

2. Select the cryptocurrency you need and click on the "Enter" button.

3. Copy your wallet address (1 - Network is shown here; 2 - Here you will need to select the type of account: spot or derivative; 3 - This will be your address).

How to top up the balance of the exchange using the monitoring exchangers Bestchange.ru

1. Go to the site of monitoring exchangers the Bestchange.r.

2. Select an exchanger (1-2 - Select a direction; 3 - Select an exchanger with a suitable rate).

3. Make a money transfer (1-2 - Enter the amount you are transferring in one of these fields; 3 - Enter your address (where and how to get the address we displayed in the instructions above); 4 - Enter your email; 5 - Enter captcha ; 6 - Be sure to agree to the terms and conditions; 7 - Click on the "Exchange" button and complete the exchange).

How to withdraw money from Bybit

1. Click the Assets tab, then Spot Account.

2. Select the cryptocurrency you need and click on the "Withdrawal" button.

3. To withdraw funds, you need to connect Google Authenticator.

4. Withdraw funds (1 - Select a network if necessary; 2 - Enter the address of the wallet to which you are going to withdraw money; 3 - Enter the withdrawal amount; 3 - Click on the "Confirm" button to complete the operation).

How to trade on Bybit

1. Go to the "Trading" tab, then "Spot trading".

2. In the search, you can find the pair you are interested in to trade.

3. Purchase of cryptocurrency (1 - Select the "Buy" tab; 2 - Enter the price for 1 coin; 3 - Enter the number of coins you want to buy; 4 - After that, click on the "Buy" button to create a buy order).

4. Cryptocurrency sale (1 - Select the "Sell" tab; 2 - Enter the price for 1 coin; 3 - Enter the number of coins you want to sell; 4 - After that, click on the "Sell" button to create a sell order).

Conclusion

bybit is a newcomer among cryptocurrency exchanges, but its popularity is rapidly gaining momentum, which is good news.

Do not forget to display small instructions for working with the exchange, which will help you get started faster with it.

In addition to the fact that this exchange has a wide range of advantages, the main thing for citizens of the Russian Federation will be the replacement Binance after the imposed sanctions. bybit does not require mandatory verification and you can trade on the exchange immediately after registration.

Write in the comments: do you trade on bybit.com... Share your impressions with our partners.

We hope this article was helpful to you. All successful and profitable investments!

Registration on Bybit.com

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Akimskate 11 May 2022 09: 49

Good exchange, quite similar to binance in interface, especially futures

A complaint
UdayAS8 10 May 2022 21: 31

the site is developing, definitely good news

A complaint
Kanibek707 9 May 2022 20: 44

INTERESTING SHOULD TRY

A complaint
4difeer666 6 May 2022 16: 23

Thanks for the review. I recently switched from binance to baybit, a cool thing is their launchpads, it is virtually impossible to lose money, but at least a little, but you can earn several times a month

A complaint
Nik 6 May 2022 10: 47

Question: How to transfer, for example, Ethereum from Binance to Bybit? Thank you.

A complaint
1. richmonkey_support 6 May 2022 11: 39
  
  Niklike any other coin. In Binance, go to the wallet section, select the crypto you need, click on the "withdraw" button. Then select the network, enter the address to which you will send and that's it
  
  A complaint
2. richmonkey 6 May 2022 11: 39
  
  Cheapest online BSC(BEP20)
  
  Get your address on the ETH network BSC(BEP20)
  
  On binance, when withdrawing, enter your address and select the BSC network (BEP20)
  
  A complaint
  1. Nik 6 May 2022 21: 10
    
    Thanks to. We will try)
    
    A complaint
UdayAS8 5 May 2022 23: 41

Looks good, thanks for the detailed review Richie:)

A complaint
Mihhha 5 May 2022 23: 08

Thanks for the Bybit exchange review. I myself have not used it yet, but I am glad that not everyone supports sanctions. We must try to find an alternative. Good luck to all!!!!

A complaint
Alex2601 5 May 2022 19: 45

There are enough advantages compared to many other exchanges, I’ll decide to trade crypto, I’ll definitely sign up!

A complaint
Managerruslan 5 May 2022 17: 14

Registered)
I don’t trade yet, because I played enough with the crypt. But maybe in the future I'll throw 200 bucks

A complaint