Bybit Review 2026 – Crypto Exchange
RegulatedLow 0.10% Spot Fees1,000+ Coins ListedUp to 125x Leverage
No minimum
Min. Deposit
0.10%
Spot Fee
1,000+
Coins Listed
125x
Max Leverage
Our ratings breakdown
Is Bybit right for you?
Bybit suits active derivatives and spot traders who want deep liquidity and advanced trading tools. Its standout strength is the highly responsive trading engine combined with low 0.02% maker fees on futures. However, the massive 1.4 billion dollar security breach in February 2025 remains a significant mark on its security record. We recommend using it for active trading while keeping your long-term holdings in a personal hardware wallet.
Best for: Active derivatives and high-volume spot traders
Exchange overview
⚠️ Crypto trading involves significant risk of loss. Only invest funds you can afford to lose.
Exchange details
| Type | CEX |
| Year founded | 2018 |
| Headquarters | Dubai, UAE |
| Regulation | VARA (Dubai), CySEC (Cyprus) |
| Supported countries | 160+ |
| US clients | No |
| 24/7 Support | ✔️ |
| Support email | support@bybit.com |
| Languages | English, Spanish, French, Russian, Turkish, Chinese, Japanese |
Trading specifications
| Spot trading | ✔️ |
| Futures / Derivatives | ✔️ |
| Margin trading | ✔️ |
| P2P trading | ✔️ |
| Spot fee (maker/taker) | 0.10% / 0.10% |
| Supported assets | 1,000+ coins |
| Fiat support | USD, EUR, GBP, BDT, INR, TRY |
| NFT marketplace | ✖️ |
| Staking / Earn | ✔️ |
Deposit & withdrawal methods
| Crypto deposit | Free — instant on-chain |
| Bank transfer | SEPA / SWIFT — 1–3 business days |
| Credit / Debit card | Visa / Mastercard — ~1.8% fee, instant |
| P2P transfer | Free via P2P marketplace |
| Mobile money / eWallet | Available — varies by region |
| Withdrawal time | Crypto: instant. Fiat: 1–3 business days. |
| Supported fiat | USD, EUR, GBP, BDT, INR, TRY |
Security & trust
| 2FA authentication | Google Authenticator, SMS, hardware key |
| Cold storage | 95%+ funds in offline cold storage |
| Proof of reserves | ✖️ |
| SAFU / Insurance fund | Bybit maintains an insurance fund to protect traders from negative equity. |
| KYC required | KYC required for fiat and withdrawals above daily limit |
| Anti-phishing code | ✖️ |
| Withdrawal whitelist | ✖️ |
| History of hacks | In February 2025, Bybit suffered a major security breach where attackers compromised an Ethereum cold wallet, stealing over 1.4 billion dollars in assets. |
Bybit
Crypto Exchange Review
RegulatedLow 0.10% Spot Fees1,000+ Coins Listed
No minimum
Min. Deposit
0.10%
Spot Fee
⚠ Crypto trading involves significant risk. Capital at risk.
Pros & cons
Pros
✔ Low 0.10% maker and taker fees for spot trading
✔ Over 1,000 cryptocurrencies available for global traders
✔ High leverage up to 125x on major derivatives contracts
✔ Flexible VIP program based on balance or trading volume
✔ Robust copy trading and automated grid bot features
Cons
✖ Suffered a major 1.4 billion dollar cold wallet hack in 2025
✖ Completely unavailable to traders residing in the United States
Fee structure
| Fee type | Maker | Taker | Notes |
|---|---|---|---|
| Spot trading | 0.10% | 0.10% | You can reduce trading fees by holding MNT tokens or climbing the VIP tiers. |
| Futures (USDT) | 0.02% | 0.055% | Taker fees start at 0.055% and drop significantly for high-volume VIP traders. |
| Crypto deposit | Free | Free | Array |
| Withdrawal | Varies by coin and network | Varies by coin and network | |
| Fiat deposit | 0% – 1.8% | 0% – 1.8% | Fiat deposits via bank transfer are often free while card purchases incur fees up to 1.8%. |
