Crypto exchange ByBit. Review, registration.

Overview of Bybit cryptocurrency exchange

bybit is a cryptocurrency derivatives exchange where you can trade perpetual and futures contracts for many of today's largest cryptocurrencies. It is one of the fastest growing exchanges over the past year, with just over 2 million daily users.

At Bybit, you can take advantage of leverage in the futures markets, allowing you to increase your trading investment by up to 100x. All this can be used to maximize profits due to the large price fluctuations in the cryptocurrency market, especially since you can trade both up and down.

Specifically, there are three types of contracts that a user can trade on Bybit: Reverse Perpetual, USDT Perpetual, and Reverse Futures.

Benefits of using an exchange for trading

The platform is one of the derivatives exchanges that offers the greatest benefits when working. Bybit is responsible for providing its users with continuous improvements and convenience day by day, so that they can focus on only what is needed when they work, earning income from the rise and fall of the market.

• They have great support and 24/7 live chat, as well as several additional contact methods so that the user can contact them in case of any problems. In addition, you can get support in multiple languages ​​such as English, Korean, Russian, Chinese, Spanish, and more.
• You can browse the web in multiple languages ​​offered by the platform.
• Bybit offers one of the fastest matching engines in the industry, with speeds up to 100 TPS (i.e., transactions per second), ensuring no overloads and all orders are matched without delay.
• They have a very intuitive and lightweight mobile app.
• As a novelty, they recently included an integration with Simplex that allows users from Latin America to buy cryptocurrencies within the platform itself with their local currency. The service is also available to other parts of the world.
• Trading fees are very low compared to other exchanges.

How to register on the ByBit crypto exchange

The registration process on the platform is very simple and the best thing is that it does not require KYC verification, this is another great advantage of Bybit that is not very common on other cryptocurrency trading platforms.

• The first thing a user has to do is visit their site by clicking on the button above.
• Once on the site, you need to enter your email and password, or simplify registration using a phone number.
• And the last step is to confirm the email by using the code that will be sent to the mailbox. When this step is completed, you can start trading.
• When registering using the link above, after replenishing your balance, you will receive $20 to your account in the form of a welcome bonus from the exchange, and also, if the conditions for trading volumes are met, the opportunity to receive a special card with a face value of up to $1000!

Launchpads

Various launchpads are periodically held on the platform, on which you can make good money. This format provides an opportunity to invest in promising projects at an early stage. Bybit exchange carefully selects projects to participate in Launchpad.

A pleasant moment is the entry threshold, which, as a rule, is about $ 100 in equivalent. In most cases, a prerequisite for participating in IDO is the presence of a BIT coin in your account, as well as verification. The more coins you have on your account, the higher the allocation percentage you get.

Is Bybit Launchpads Worth It?

Simple conditions for participation and the possibility of additional earnings make these launchpads very attractive for both beginners and experienced players of the crypto community.

ByBit Exchange Security

We can say that Bybit is a very secure platform. But everyone is well aware that some users are asking this question. Bybit was established in 2018 and has operated within the law ever since, with no claims of fraud so far.

The platform has shown a desire to become a pioneer in the cryptocurrency derivatives market through its constant promotions, articles that are constantly published on its website to inform its users, and frequent innovations and improvements within its platform. In addition, the creators explain in great detail in their blog what their company consists of, what products they work with and how they work.

They are widely represented on the Internet, have active accounts on social networks and communication methods so that users can contact the support service if there are any violations in the operation of the exchange.

Undoubtedly, Bybit is one of the platforms that has become an important part of companies focused on cryptocurrency trading today.