Bybit review

Centralised exchange with KYC#P14

The biggest menu of the series: 846 USDT and USDC perpetuals, up to 150x on BTC, 0.055% taker, copy trading and mobile apps. It is a centralised exchange: identity verified, balances held by Bybit. The referral pays new users up to 25 USDT, but EEA residents, France included, are being moved to Bybit EU.

Open Bybitbybit.com

Sign up through this link: Up to 25 USDT: 10 USDT for a 100 USDT deposit within 7 days, then 15 USDT for 500 USDT traded within 30 days.

Affiliate link

DegenBenchChecked 29 Sept 20267 sources · official docs + public data#P14

Perpetual futures are leveraged: a small move against you can liquidate your position. Only trade what you can afford to lose.

Trading fees
0.055% taker · 0.02% makerNon-VIP rate on perpetual and futures contracts: 0.055% taker and 0.02% maker. VIP tiers lower both, based on 30-day derivatives volume or assets held on the account. Funding is charged on top while a position stays open.
New-user perk
Up to 25 USDT: 10 USDT for a 100 USDT deposit within 7 days, then 15 USDT for 500 USDT traded within 30 dayswith our link
Max leverage
up to 150×846 perp markets
Identity check
KYC required
Custody
Custodial: your balances sit on the exchange
Settles on
Bybit (centralised matching) · USDT, USDC
Where it runs
Web, iOS, Android
30-day volume
Not trackedBybit is a centralised exchange: DefiLlama tracks DEX volume, so no 30-day figure exists to compare with the venues above. Its public API listed 846 USDT and USDC perpetual contracts trading on 29/09/2026.

Who it’s for

Pick it if

You want the widest choice of altcoin perps, copy trading and a mobile app, and accept KYC and custody.

Skip it if

You live in the EEA, or you refuse to hand your identity and your coins to an exchange.

Strengths / Limits

Strengths

  • 846 USDT and USDC perpetuals trading on its public API, the widest list of the series.
  • Up to 150x on BTCUSDT, with a fee schedule published in plain text.
  • A welcome bonus of up to 25 USDT for the new user, on top of the referrer's commission.
  • Copy trading, trading bots and native iOS and Android apps in the same account.

Limits

  • Custody is Bybit's: in February 2025 attackers took about $1.5B from one of its wallets.
  • Access from the EEA, France included, is being limited on Bybit Global in favour of Bybit EU, whose offer and referral differ.
  • Maximum leverage depends on the market, the position size and the rules of your country.

What it offers

  • Order bookYes
  • Cross marginYes
  • Spot tradingYes
  • Vaults / copy vaultsNot documented
  • Copy tradingYes
  • Stocks, gold or forexNot documented
  • Points programNot documented
  • APIYes
  • Mobile appYes
  • Telegram botNot documented

“Not documented” means we found no official page, not that the feature is missing.

How to start safely

  1. Open the official app

    Type bybit.com yourself or use a bookmark: phishing copies of perp exchanges are common.

  2. Deposit a small amount first

    Send a test deposit of the collateral the exchange accepts, on the chain it documents, before moving more.

  3. Set leverage and a stop before the order

    Pick isolated margin for a new trade, keep leverage low, and place the stop-loss with the order, not after.

  4. Watch funding and liquidation price

    Funding is paid regularly while a position is open, and the liquidation price moves closer as leverage rises.

How to start trading perps on a DEX

Security record

2025-02-21 — About $1.5B of ETH stolen from a Bybit wallet; the FBI attributed the theft to North Korea's TraderTraitor group. Source

Official domains: bybit.com

Sources

Checked on 29 Sept 2026. Facts change quickly: re-check prices and fees in the app.

Bybit0.055% taker · 0.02% maker · Affiliate link

Open