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Latest revision as of 02:16, 3 October 2025

Exploring Assets Available on Bybit

Bybit is a popular cryptocurrency exchange known for its robust trading platform, initially gaining traction primarily through its derivatives offerings but now providing a comprehensive suite of services for both novice and experienced traders. This overview explores the core features and assets available on the platform.

Core Features

Bybit offers a diverse ecosystem for digital asset management and trading. Key features include:

  • Spot Trading: Direct buying and selling of cryptocurrencies.
  • Derivatives Trading: Including perpetual Futures contracts.
  • Earn Products: Services allowing users to earn passive income on their holdings.
  • NFT Marketplace: A dedicated area for trading non-fungible tokens.
  • Launchpad: A platform for launching new crypto projects.

For new users looking to start trading, the first step is registration. You can Register here to begin.

Fees Structure

Bybit employs a tiered fee structure based on trading volume and whether the user is a maker or a taker in the Order book. Generally, Bybit aims to offer competitive fees compared to other major exchanges. Understanding the fee schedule is crucial for active traders. You can find detailed information on the Bybit Burning Schedule page, which sometimes relates to fee adjustments or token economics.

Supported Assets

Bybit supports a wide array of digital assets. The selection constantly evolves, primarily focusing on major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), alongside numerous altcoins and stablecoins.

The primary markets available are:

  • Spot Market: Trading pairs directly exchange one asset for another (e.g., BTC/USDT).
  • Derivatives Market: Trading contracts based on the future price of an underlying asset.

Spot vs. Futures Trading Basics

Spot market trading involves the immediate exchange of an asset for payment. If you buy BTC on the spot market, you own the actual BTC.

Futures contract trading involves an agreement to buy or sell an asset at a predetermined price at a specified time in the future. Bybit is particularly well-known for its perpetual futures, which do not expire. For more detail on the differences, see Bybit Spot Versus Futures Contracts.

Order Types

Bybit supports several order types to help traders manage entry and exit points effectively:

  • Limit order: An order to buy or sell at a specified price or better.
  • Market order: An order to execute immediately at the best available current price.
  • Stop orders (Stop-Limit, Stop-Market): Used for risk management, triggering a trade only when a specific price level is reached.

A simple comparison of common order types:

Order Type Execution Use Case
Limit order | Executes only at the specified price or better | Setting precise entry/exit points
Market order | Executes immediately at the best current price | Needing instant trade execution
Executes when a set loss threshold is hit | Risk management

Liquidity and Markets

Bybit generally maintains high liquidity across its major trading pairs, especially in its perpetual futures markets. High liquidity ensures that large orders can be filled quickly without causing significant price slippage. Traders can monitor the depth of the Order book to gauge immediate market activity.

Security Practices

Security is paramount for any exchange. Bybit employs several security measures:

  • Cold Storage: The majority of user funds are held offline.
  • Two-Factor Authentication (2FA): Strongly encouraged for all accounts.
  • Encryption: Industry-standard encryption protocols protect data transmission.

Users are always advised to review external analyses on asset security, such as the report from Deloitte - Crypto Assets.

KYC and Limits

Know Your Customer (KYC) requirements vary depending on the services utilized. Basic trading often requires minimal verification, but higher withdrawal limits or access to certain advanced features may necessitate full KYC verification. Limits on deposits and withdrawals are tiered according to the verification level achieved.

Funding and Withdrawals

Users can fund their accounts via cryptocurrency deposits or by purchasing crypto directly using fiat currency through integrated payment providers. Withdrawals are processed according to the exchange’s schedule, typically involving manual review for security purposes.

Mobile and Web User Experience (UX)

Bybit offers a highly-rated user interface accessible via their website and dedicated mobile applications (iOS and Android). The UX is designed to handle both simple spot trades and complex derivatives strategies efficiently across both platforms.

Risks and Responsible Trading

Trading cryptocurrencies, especially derivatives, carries substantial risk. Leverage magnifies both potential profits and potential losses. Users should only trade with funds they can afford to lose, practice sound risk management, and avoid emotional trading. Understand the nature of the assets you trade; for example, the regulatory landscape is constantly evolving, as seen in discussions around Markets in Crypto-Assets (MiCA).

First Steps Checklist

To start trading on Bybit, follow these initial steps:

  • Complete registration via Register here.
  • Enable Two-Factor Authentication (2FA) immediately.
  • Deposit the desired cryptocurrency or fiat currency.
  • Familiarize yourself with the Spot market interface.
  • Place a small test Limit order to confirm functionality.

See also (on this site)

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