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Crypto exchange Bybit rating, benefits and registration

bybit
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  • Official sources
  • Rating:AAA
Launch date: 2018
Commission (spot): 0,1%
Commission discounts: up to 20%
VIP programme: Non-VIP and 5 levels of VIP accounts
Registration bonuses: 20-50 USDT welcome bonus to your account after passing KYC verification

Bybit: registration and verification (KYC)

  • Visit the ByBit website and click “Register”.
  • Enter your email or phone number and create a password.
  • Confirm your account via email or SMS.
  • Upload your documents (passport or ID) for verification, take a selfie of your face with your smartphone camera.
  • Wait for confirmation within 10-25 minutes.
  • Enable two-factor authentication (2FA) to increase security.

Localization for Ukraine

  • The ByBit interface is available to Ukrainian users with full localization in Ukrainian.
  • Deposit via bank cards directly (Monobank, Privat24) is not available. The main methods are cryptocurrency wallets and P2P platforms.
  • Online chat is available for users from Ukraine.

Ratings and justifications

Overview of registration bonuses, referral programme
  • 20-30 USDT per account for registration (different amounts at different times, and the amount of the bonus may also be geo-dependent).
  • Bonuses up to 5,000 USDT for new users depending on the deposit and trading volume:
    • 100 USDT for a deposit of 3,000 USD or more.
    • 350 USDT for a deposit of 10,000 USD or more.
    • 750 USDT for a deposit of 20,000 USD or more.
    • 4,000 USDT for a deposit of 100,000 USD or more.

Referral program

The Referral Program allows you to receive up to 30% of the bonuses from the commissions of invited users. The initial rate is 20% of the referral's trading commission and the amount of bonuses calculated by the system is based on the referral's trading activity and the amount of the deposit made. The program also includes additional bonuses for cryptocurrencies issued on a referral recommendation (20 USDT).

Bybit offers several bonus programs for new users, including the opportunity to receive up to 5000 USDT as a welcome bonus after completing certain trading tasks.

Analysis of the loyalty programme

The ByBit loyalty program includes VIP levels for active traders:

  • VIP 0 to VIP 5 - discounts on commissions for spot and derivatives trading.
  • Benefits such as exclusive support, lower commissions, and increased service capabilities are provided depending on the trading volume and assets per account.
Analysis of basic commissions: trading, deposit and withdrawal
  • Spot trading: basic commission - up to 0.1%.
  • Derivatives: reduced fees for makers and takers.
  • Loyalty program members receive additional discounts depending on their level.
  • Rating:

Bonuses for registration

A

Loyalty program

А

The amount of commissions

А

Strengths

  • Convenient mobile application and useful tools for traders.

Weaknesses

  • A complicated interface for many newcomers.

Interesting numbers

*Calculation of savings
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