News and Analytics

Cryptocurrency exchange Bybit

May 9, 2023
Cryptocurrency exchange Bybit
0

Bybit is a cryptocurrency derivatives exchange that allows users to trade perpetual contracts for Bitcoin, Ethereum, XRP, EOS, and other cryptocurrencies. The exchange was founded in March 2018 and is registered in the British Virgin Islands. Bybit offers high liquidity, low trading fees, and a user-friendly interface for both professional traders and beginners.

Bybit's trading platform includes several advanced trading features, including a customizable trading interface, advanced order types such as stop-loss and take-profit orders, and leverage up to 100x. Bybit also offers a mobile app for both iOS and Android devices, allowing users to trade on-the-go.

In addition to its trading platform, Bybit provides a variety of educational resources, including trading guides, video tutorials, and a knowledge base, to help users learn about cryptocurrency trading and derivatives. Bybit also offers a referral program that allows users to earn commission on the trading fees of their referrals.

It's worth noting that trading derivatives is a high-risk activity and is not suitable for everyone. Before trading on Bybit or any other cryptocurrency exchange, it's important to understand the risks involved and to seek professional financial advice if necessary.

According to CoinGecko, Bybit's 24-hour trading volume is $973,291,840.73, and it is ranked among the top cryptocurrency exchanges by volume. Bybit has a trading volume of $803,729,763 in the last 24 hours and $99,613,308,366 in the last 7 days. Bybit has over 100 crypto tokens listed and over 300 spot trading pairs. Bybit offers zero fees on all spot pairs. However, to compare Bybit's trading volume with other cryptocurrency exchanges, it is necessary to check the trading volume of other exchanges.

According to Bitdegree, the most popular trading pair on Bybit is BTC/USDT. Bybit has over 100 crypto tokens listed and over 300 spot trading pairs, including major coins like BTC, ETH, BIT, SOL, APE, DYDX, LTC, DOGE, AVAX, MATIC, and DOT. According to CoinCodex, BTC/USDT is currently the most active trading pair on Bybit.

Comments

Latest news

Political Donations Hits Record $91M of Crypto Pre 2024 Election

Political Donations Hits Record $91M of Crypto Pre 2024 Election

The crypto industry has made a record $94 million in political donations since 2023 in an effort to support pro-crypto governance.According to a May 17 Bloomberg report, crypto industry donors have c
Nigerian Court Denies Bail To Binance Executive Accused Of $35M Laundering Charges

Nigerian Court Denies Bail To Binance Executive Accused Of $35M Laundering Charges

The world’s largest cryptocurrency exchange, Binance, has been embroiled in a complex legal battle with Nigerian authorities over allegations of money laundering, tax evasion, and currency specu
Solana Takes The Crown: CoinGecko Ranks It The Best, Leaving Ethereum Behind In Key Metric

Solana Takes The Crown: CoinGecko Ranks It The Best, Leaving Ethereum Behind In Key Metric

The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising f
Base records 212% increase in perpetual trading volumes

Base records 212% increase in perpetual trading volumes

Base blockchain's trading volumes soar with JOJO DEX, capturing a significant share and showcasing user engagement in the ecosystem.The post Base records 212% increase in perpetual trading volumes ap
Show more

Latest Dapp Articles

Show more

You may also like