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Bybit logo

Bybit

Where crypto traders come to win

As of 30 August 2026, Bybit is free to use. Bybit is a cryptocurrency derivatives exchange specializing in perpetual contracts and futures trading. Softwr lists it under Crypto. Bybit is made by Bybit Fintech Limited, launched in 2018, available on Web, iOS, Android, Windows.

Overview

What Bybit does

Bybit is a cryptocurrency derivatives exchange specializing in perpetual contracts and futures trading. It offers high leverage trading, copy trading, and a user-friendly interface for crypto derivatives.

What people use it for

  • Exchanges
  • Derivatives
  • Futures

The honest half

Where it falls short

Concrete and checkable, so you can decide whether any of them matter to you. This is the half of a review a vendor will not write about Bybit.

  • Unavailable in US, Canada, and UK due to regulatory restrictions
  • Limited fiat currency deposit and withdrawal options compared to other major exchanges
  • Smaller selection of altcoins compared to Binance

Cross-shopped

What people choose instead of Bybit

Each pairing was judged by two reviewers asking whether a buyer would genuinely weigh the two against each other. The ones that failed were deleted rather than published.

  • Bybit logo
    Bybit
    vs
    Binance logo
    Binance

    Binance: Largest cryptocurrency exchange by volume, offering wider coin selection and more fiat currency options.

  • Bybit logo
    Bybit
    vs
    Coinbase logo
    Coinbase

    Coinbase: US-regulated exchange focusing on security and ease of use for retail traders.

  • Bybit logo
    Bybit
    vs
    Kraken logo
    Kraken

    Kraken: Established exchange known for security practices and institutional-grade features.

  • Bybit logo
    Bybit
    vs
    OKX logo
    OKX

    OKX: Major global derivatives exchange with high leverage options and extensive coin selection.

Pricing

What Bybit costs

Taken from the vendor's own pricing page. Prices move, so check before you buy.

Spot Trading

$0.1 /percent maker/taker

  • 0.1% base fee

Futures Trading

$0.02 /percent maker

  • 0.02% maker / 0.055% taker

Capabilities

Features

  • Perpetual Contracts

  • Futures Trading

  • Spot Trading

  • Copy Trading

  • Launchpad

  • Bybit Wallet

    Integration with Bybit Wallet

  • Bybit Card

    Integration with Bybit Card

  • Web support

    Available on web

  • Ios support

    Available on ios

  • Android support

    Available on android

Answered, with sources

Questions people ask

Each answer names the page it came from, so you can check it rather than take our word for it.

What trading products does Bybit offer?

Bybit offers spot trading, perpetual contracts (up to 125x leverage), futures with daily/monthly/quarterly contracts, and options on BTC, ETH, and SOL settled in USDC.

Source
What are Bybit's trading fees?

Spot trading fees start at 0.1% for both maker and taker. Futures fees are typically 0.02% maker and 0.055% taker, with discounts available for VIP tiers based on trading volume.

Source
Where can I withdraw fiat from Bybit?

Bybit has limited fiat withdrawal options and is not available in the US, Canada, or the UK due to crypto regulations. Fiat withdrawals depend on your country of residence and banking partners.

Source
Does Bybit support mobile trading?

Yes, Bybit offers a mobile app for iOS and Android with access to all trading features including spot, derivatives, and advanced order types.

Source

Behind it

Who makes Bybit

Company
Bybit Fintech Limited
Based in
Dubai, UAE
Founders
Ben Zhou

Timeline

Bybit over time

  1. Milestone2023-03-01

    Headquarters moved to Dubai

    Source
  2. Milestone2023-01-01

    Bybit reaches 20 million users globally

    Source
  3. Milestone2020-01-01

    Bybit surpasses BitMEX in market share

    Source
  4. Milestone2019-01-01

    Bybit processes 10% of global bitcoin trading volume

    Source
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Softwr does not host reviews and shows no star rating for Bybit, because a rating we did not collect is not ours to publish. What is here is the pricing and platform detail from the vendor’s own pages, limitations we could state concretely, and alternatives a reviewer confirmed people weigh against it. Tell us if any of it is wrong.

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