Bybitreview
- For traders
- No US access
- Poor customer support
- Not for beginners

Bybit ranks among the top trading platforms for experienced traders, thanks to its extensive selection of derivatives and comprehensive trading features. High liquidity on Bybit ensures that order execution is rarely an issue. However, instant purchase costs are relatively high due to the spread included in the price, despite no visible trading fees being charged. For lower costs, users can switch to spot trading (from 0.1% maker/taker fees). Bybit also stands out for its customer support, which is frequently praised on review platforms – something that isn't a given among competing exchanges. That said, we advise caution due to regulatory uncertainties. If you're a beginner or simply looking to buy cryptocurrencies, other exchanges may be a better fit.
About Bybit
Description
Bybit is one of the largest trading platforms for cryptocurrencies and derivatives. It primarily targets professional traders and impresses with a wide range of features, a clear trading interface, and low fees. Bybit is considered one of the most popular platforms for professional crypto trading.
Company headquarters | British Virgin Islands, Singapore |
Founding year | 2018 |
Social media | 4.98M |
Our Bybit rating
Review result
Our opinion
Bybit ranks among the top trading platforms for experienced traders, thanks to its extensive selection of derivatives and comprehensive trading features. High liquidity on Bybit ensures that order execution is rarely an issue. However, instant purchase costs are relatively high due to the spread included in the price, despite no visible trading fees being charged. For lower costs, users can switch to spot trading (from 0.1% maker/taker fees). Bybit also stands out for its customer support, which is frequently praised on review platforms – something that isn't a given among competing exchanges. That said, we advise caution due to regulatory uncertainties. If you're a beginner or simply looking to buy cryptocurrencies, other exchanges may be a better fit.
Pros and cons
What we like:
- Clear trading interface
- Wide selection of trading tools
- Low fees for spot trading
What we don't like:
- Not beginner-friendly
- Limited regulatory oversight
- No US access
Bybit user reviews
App Store
around 41,600 ratings
4.7/5
Google Play Store
around 1.32M ratings
4.6/5
Trustpilot
around 5,200 ratings
3.3/5
What users say about Bybit
Our artificial intelligence (AI) collects and analyzes user experiences about Bybit from across the web and summarizes the most important insights for you in a clear and concise way.

User review summary for Bybit
Overall, user experiences with Bybit are mostly positive, with the platform being praised for its user-friendly interface, extensive offerings, and responsive customer service. Criticisms mainly focus on a lack of transparency regarding some fees and the complexity of certain features for beginners.
Overall, user experiences with Bybit are mostly positive, with the platform being praised for its user-friendly interface, extensive offerings, and responsive customer service. Criticisms mainly focus on a lack of transparency regarding some fees and the complexity of certain features for beginners.
Ease of use and user experience
Features and services
Beginner-friendliness
Fees and costs
Security and trust
Support
Bybit preview
Bybit features
Real crypto | Yes |
Transferable to own wallet | Yes |
DCA plan | No |
Staking | Yes |
NFT marketplace | Yes |
Trading tools | Yes |
Two-factor authentication | Yes |
Special features
- Copy trading
- Bybit Earn
- Launchpad
Tradeable assets
- Cryptocurrencies
Trading options
- Derivatives
- Margin trading (leverage)
- Short/long positions
About Bybit
Company | Bybit Fintech Limited |
Headquarters | British Virgin Islands, Singapore |
Company size | Medium |
Regulation | – |
Founder | Ben Zhou |
Founding year | 2018 |
