About Bybit

What Is Bybit?

Bybit is a centralized cryptocurrency exchange (CEX) that provides a professional platform with a fast matching engine, excellent customer service, and multilingual community support for all levels of crypto traders. Launched in March 2018, Bybit now serves over 10 million users and institutions. It offers more than 100 assets and contracts for spot trading and crypto derivatives like futures and options, as well as launchpad projects, earning products, and an NFT marketplace.

Bybit is partnered with the Formula One team Oracle Red Bull Racing, esports teams like NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR), City Esports, and Oracle Red Bull Racing Esports, and soccer teams Borussia Dortmund and Avispa Fukuoka.

The platform's offerings include spot trading, derivatives (like USDT perpetuals, USDC perps, inverse perps, futures, USDC options, and leveraged tokens), an NFT marketplace, Bybit Earn, Buy Crypto,

Who Founded Bybit?

Bybit was founded by CEO Ben Zhou. After graduating from the University of Pennsylvania, Zhou worked for 7 years at XM, a major forex brokerage in China. In 2018, he co-founded the crypto derivatives exchange Bybit.

Which Coins Are Supported on Bybit?

Bybit lists over 100 crypto tokens and offers more than 300 spot trading pairs, including major coins like BTC, ETH, BIT, SOL, APE, DYDX, LTC, DOGE, AVAX, MATIC, DOT, and more.

What Are the Fees on Bybit?

Bybit uses a tiered fee structure based on a maker-taker model. The tiers include non-VIP, VIP 1, VIP 2, VIP 3, Pro 1, Pro 2, and Pro 3. For non-VIP users, the fees are 0.10% for both maker and taker on spot trading, and 0.06% (taker) and 0.01% (maker) for perpetual and futures trading. For Pro 3 users, the fees are 0.02% (taker) and 0% (maker) for spot trading, and 0.03% (taker) and 0% (maker) for derivatives trading.

Is Leverage or Margin Trading Available on Bybit?

The exchange offers trading with up to 100X leverage on crypto derivatives products. Available products include BTC/USD, ETH/USD, XRP/USD, EOS/USD, and more perpetual contracts. Users can choose between isolated margin and cross margin. Customers also have access to inverse perpetuals, crypto futures, crypto options, and leveraged tokens.