Bybit is a cryptocurrency derivative margin trading platform. The company was established in March 2018 and is headquartered in Singapore with offices in Hong Kong and Taiwan.
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What is Bybit?
Bybit is a cryptocurrency derivative margin trading platform. The company was established in March 2018 and is headquartered in Singapore with offices in Hong Kong and Taiwan. The platform offers anonymity to their users and a staggeringly high leverage amount in their margin trading feature. Bybit offers easy and simple trading with huge profits and at the same time is committed to providing a transparent and efficient trading experience.
Why choose Bybit?
Bybit caters to both newcomers and experienced traders. Their website offers guides and tutorials for people on both ends of the spectrum. But the platform itself offers features that traders from all levels will be able to take advantage of:
Spot trading - Bybit boasts competitive market liquidity while having the best rates compared to other platforms. More importantly, because of their reported 100x leverage for this feature, buying and selling cryptocurrencies has never been this profitable.
High-level security - Bybit has a multi-signature wallet in cold storage form. This keeps the funds secure from any hacking and digital theft. And to take the security even further your funds are locked in a 2-factor authentication system.
Derivatives Trading - In Bybit, users can enter a contract with a seller to agree upon a certain future price of that asset. Users can easily profit on a short by speculating the price of a certain asset.
Prices and fees
Maker: -0.025% , Taker: 0.075%
What do people say about Bybit?
Despite being welcoming to beginners in the cryptocurrency world, Bybit can also be an excellent choice for experienced users who are looking for more advanced features. It is fully featured and highly detailed that can meet the demands of any discerning crypto enthusiast.