Bybit review 2026: Guide, Fees, Pros, Cons and Safety Check

Q: What is Bybit?

Bybit is one of the largest crypto exchanges in the world, founded in 2018. Bybit Global (bybit.com) serves users worldwide with 1,700+ cryptos and derivatives trading. Bybit EU (Bybit EU GmbH) is a separate European entity with a headquarters in Vienna and an office in Amsterdam. The EU platform has a MiCA licence from the Austrian Financial Market Authority (FMA) and may operate in all 29 EEA countries.

Q: Who is Bybit suitable for?

Bybit is suitable for both beginner and experienced traders. The platform offers an intuitive interface for beginners and advanced tools (margin, API, bots, copy trading) for experienced traders. The Bybit Card and Earn products also make it attractive for passive investors.

Q: How can I contact Bybit?

Bybit offers 24/7 support via the chat function in the app and on the website. You can also contact them via support@bybit.com (Global) or support@bybit.eu (EU).

Q: What types of trading does Bybit support?

Bybit Global offers spot trading, derivatives (Futures up to 200x), copy trading, trading bots and margin trading. Bybit EU currently offers spot trading with up to 10x margin, Earn products and the Bybit Card. Futures are expected in March 2026.

Q: Is Bybit available in Europe?

Yes, Bybit EU has a MiCA licence from Austria and may operate in all EEA countries. The EU platform has a limited product range compared to Bybit Global (140+ vs 1,700+ cryptos, no futures yet).

Q: What are the Bybit fees?

Bybit Global charges 0.10% maker and 0.10% taker for spot trading. Bybit EU charges 0.25% maker and 0.25% taker. With our deal, you receive 10% discount during the first 30 days.

Q: How can I deposit money on Bybit?

You can deposit euros via SEPA bank transfer, Wero or credit card (Global and EU). European users can also use iDEAL and Bancontact. Crypto deposits are also possible.

Q: Does Bybit offer bonuses?

Yes, new customers can benefit from bonuses including 10% discount on trading fees, $40 free crypto credit (after $400 deposit) and up to $5,000 in deposit bonuses.

Q: Does Bybit support APIs and trading bots?

Yes, Bybit offers API support that allows users to connect trading bots.

Q: What are the downsides of Bybit?

The European fees are higher than Bybit Global (0.25% vs 0.10%), Futures are not yet available in the EU, the EU platform has a smaller selection (140+ vs 1,700+ cryptos) and Bybit is not publicly listed like Coinbase.

Bybit is currently one of the most popular cryptocurrency exchanges among both beginner and experienced traders. Founded in 2018, Bybit has grown into the second largest crypto exchange in the world by daily trading volume, with more than 72 million registered users worldwide and approximately $30 billion in daily trading volume.

This exchange has an intuitive user interface that makes it easy for traders to trade quickly and efficiently. The exchange can handle up to 100,000 transactions per second, something competitors struggle with during busy periods.

Bybit also operates a separate European platform (Bybit EU) with a MiCA licence from Austria, specifically designed for the European Economic Area (EEA).

In this Bybit review, we dive deeper into this exchange and provide you with the information you need to understand Bybit. At the end of the review, you can decide for yourself whether this is a suitable exchange for you.

Bybit review summary: Bybit is the second largest exchange worldwide based on daily trading volume. The platform offers more than 1,700 cryptos for spot trading and 400+ derivatives contracts with up to 200x leverage. Deposits are possible with crypto, SEPA bank transfer, credit card and more. Bybit EU is a separate European entity (Bybit EU GmbH) with a MiCA licence from Austria, a headquarters in Vienna and an office in Amsterdam. The EU platform has its own order books and liquidity, separate from Bybit Global, and offers 140+ cryptos with a maximum fee of 0.25%.

With the Bybit Card, you can easily spend your crypto worldwide.

The first impression of Bybit

Bybit started as a next-generation trading platform where you could use leverage to go long or short. Since then, Bybit has grown into a full-featured crypto ecosystem with spot trading, derivatives, copy trading, trading bots, Earn products, a Web3 wallet and a Mastercard debit card.

Warning Trading with a leverage is extremely risky and you can lose your investment. This platform is not suitable for beginners. Make sure you know what you are doing.

Exclusive Deal: 10% Fee Discount, $40 Free Crypto Credit and up to $30 Deposit Bonus

We have an exclusive deal with ByBit where new users get a 10% fee discount on top of all standard bonuses. When you deposit at least $400, you will receive $40 and when you deposit $100 you will receive $20.

Activate Bonus

Limited Offer

Bybit Global (bybit.com) offers more than 1,700 cryptocurrencies for spot trading and 400+ derivatives contracts with leverage up to 200x. The platform consistently ranks as the second largest exchange worldwide by trading volume.

For the European market, Bybit operates Bybit EU (bybit.eu), a separate platform with its own order books and liquidity, separate from Bybit Global. Bybit EU obtained a MiCA licence from Austria (FMA) in June 2025 and focuses on spot trading with up to 10x margin, the Bybit Mastercard, Earn products, Launchpool and Recurring Buy. Futures trading is currently disabled for Europe, but Bybit is working on a MiFID II licence to offer derivatives.

Bybit can be accessed from different devices, such as desktops and smartphones. The app is available for Apple and Android, allowing you to trade anywhere, anytime.

The Bybit platform is intuitive and easy to understand for both beginner and experienced traders. They also offer a 24/7 support helpdesk.

Key features of Bybit

Second largest exchange worldwide by trading volume.
More than 1,700 cryptocurrencies available (Global) / 140+ (EU).
Low trading fees starting at 0.10% maker / 0.10% taker (Global).
Derivatives trading with up to 200x leverage (Global).
Bybit Mastercard with up to 10% cashback in Bitcoin or USDC.
Earn products with up to 15% annual interest.
Copy Trading and trading bots (Grid, DCA, Arbitrage).
Recurring Buy and DCA (Dollar Cost Averaging) function.
Advanced system for determining exchange rates.
Bybit demo to try the platform without money.
Intuitive user interface.
App available on Android and iOS.
Competitive bonuses for new customers.
MiCA licence for EU operations (FMA, Austria).

Exclusive deal: 10% fee discount, $40 free crypto and up to $5,000 deposit bonus

Bybit offers new customers a very attractive bonus package:

Receive 10% discount on all trading fees during the first 30 days.
Deposit at least $200 (~€185) and receive $20 free crypto credit. Or deposit at least $400 and receive $40 USDT.
Up to $5,000 in deposit bonuses via the “Blast-Off” programme with tiered deposit and trading volume tiers.

Check out the deal here.

Summary

Feature	Bybit Global	Bybit EU
Offer	1,700+ cryptos	140+ cryptos
Trading fees	Maker: 0.10%; Taker: 0.10%	Maker: 0.25%; Taker: 0.25%
Payment methods	SEPA, Wero, credit card, P2P and more	iDEAL, Bancontact, Wero, credit card, bank transfer
Leverage	Up to 200x (Futures)	Up to 10x (Spot margin)
Built-in wallets	Yes, for all cryptos	Yes, for all 140+ cryptos
Bybit Card	Mastercard with up to 10% cashback in BTC or USDC	Mastercard with up to 10% cashback in BTC or USDC
Earn	Yes, up to 15% annual interest	Yes, up to 15% annual interest
Bonuses	$40 crypto credit after $400 deposit + 10% fee discount	$40 crypto credit after $400 deposit + 10% fee discount
Registration	Required (KYC mandatory)	Required (KYC mandatory)
API	Yes, connect trading bots	Yes, connect trading bots
Regulation	Licences in multiple jurisdictions	MiCA licence (FMA, Austria). MiFID II pending.
Support	24/7	24/7
Email	support@bybit.com	support@bybit.eu

Bybit Pros and Cons

Pros	Cons
Second largest exchange by volume worldwide	EU fees higher than Global (0.25% vs 0.10%)
1,700+ cryptos and 400+ derivatives contracts	Futures not available in EU (expected March 2026)
Bybit Mastercard with up to 10% cashback	EU platform has separate order books and liquidity
MiCA licence for EU (Austria)	Not publicly listed (unlike Coinbase)

Bybit offer

Bybit Global offers more than 1,700 different cryptos for spot trading, with some pairs available at 0% commission. All order types, including limit orders and take profits, are supported. With AI Strategy, you can let AI trade for you.

Bybit offers the following trading types and services:

Spot trading: buy and sell crypto with various fiat and crypto trading pairs.
Derivatives: Futures contracts (USDT Perpetual and Inverse Perpetual) with up to 200x leverage.
Copy Trading: automatically copy the trades of top traders.
Trading Bots: Grid, DCA and Arbitrage bots.
Margin trading: trade with leverage on spot (up to 10x on EU).
Bybit Card: Mastercard with up to 10% cashback.
Earn: earn interest on your crypto with up to 15% per year.
Launchpool and Token Splash: earn new tokens by staking.
Recurring Buy and DCA: automatically buy crypto periodically.
Demo environment: practise trading without real money.

Note for European users: Bybit EU (bybit.eu) offers spot trading only. Futures trading is disabled for Europe. Bybit is working on a MiFID II licence, with CEO Ben Zhou expecting this in March 2026.

Bybit Mastercard (Bybit Card)

The Bybit Card is a Mastercard debit card that allows you to spend your crypto at more than 90 million merchants worldwide. The card is available for all verified Bybit users.

Key features of the Bybit Card:

Up to 10% cashback depending on your VIP level (2% base, 10% Supreme VIP).
Cashback in Bitcoin or USDC of your choice (since January 2026).
Daily cashback payout to your Funding Account.
No annual fees.
Free virtual card, physical card for €5.
Supports Apple Pay and Google Pay.
Automatic conversion from crypto to euro at payment (0.9% conversion fee).
Free ATM withdrawals up to €100 per month, then 2% fee.
Supported cryptos: BTC, ETH, XRP, USDT, USDC and TON.

Bybit Earn

With Bybit Earn, you can earn interest on your crypto. Interest rates go up to 15% per year, depending on the coin and duration. Bybit offers three categories:

Easy Earn: simple savings products with flexible withdrawal.
On-Chain Earn: returns via DeFi protocols.
Advanced Earn: advanced products with higher returns and risks.

Guide how to trade Futures with Bybit?

As we mentioned earlier in this Bybit review, trading with leverage is very risky and only suitable for experienced investors. We have written a tutorial on how Bybit works, but make sure you know what you are doing. Start with a demo account before trading with real money.

How to register an account?

It is mandatory to register an account before you can use the Bybit platform. KYC verification is required for all users. The registration process is very simple:

Go to the registration page on bybit.com (or bybit.eu for European users).
Fill in the required fields.
Enter the referral code: 2950
Read the terms and conditions and click Sign Up.
Complete KYC verification: upload your ID card or passport and take a selfie.
Immediately after verification, you can use your demo account or deposit funds.

How to deposit fiat or crypto?

You can easily deposit funds via SEPA bank transfer, Wero, credit card, or deposit crypto directly.

Depositing fiat (EUR):

Go to Buy Crypto and click on FIAT Deposit.
Select EUR for euro.
Enter how much you want to deposit and select your preferred payment method.
Select credit card, PayPal, Wero or bank transfer as payment provider (EU). Other regions may have different options.
KYC must be completed before you can deposit.

Depositing crypto:

Log in to Bybit and click on My Assets.
Click on Deposit behind the coin you want to deposit. A popup will open with a unique wallet address.
Either scan the QR code or copy the deposit address.
Go to your wallet where your crypto is stored and paste the deposit address. Double-check that the address matches completely.
Enter the amount you want to send and click Confirm.

After depositing funds, you can start trading on Bybit right away.

How to place an order?

Make sure you are logged in and go to Trade.
Select the desired trading pair (e.g. BTC/USDT or ETH/EUR).
Choose the order type: Limit, Market or Conditional.
For margin trading: choose between Cross or Isolated margin and set the leverage.
Enter the desired price and amount.
Click Buy or Sell to place the order.
Always set a stop loss and take profit to limit your risk.

How to open a long or short position?

Log in and navigate to the top left corner. Click Trade and select the desired contract.
Select the type of order you want to place at the top-right corner: Limit, Market or Conditional.
Below that, you can choose between Cross or Isolated. When you choose Cross, the margin will be shared between all your open positions. With Isolated, the margin will be restricted to a chosen amount.
If you are using Isolated, set up the leverage on the slider scale. It is not wise to use a leverage higher than 10x.
In the Order Price field, enter the price when your order needs to be executed.
Below that, you can use the slider to assign an amount to your order.
Select Buy/Long. A popup with a summary of your trade details will appear.
Click Confirm if you agree.

To open a Short position, you can do the same but click the Sell/Short button.

Never forget to set up a Stop Loss (and a Take Profit). You can do so by clicking on Buy Long/Sell Short with TP/SL.

Verifications and Limits

Bybit requires KYC (Know Your Customer) verification for all users. You cannot trade, deposit or withdraw without verifying your identity. This is a standard requirement under MiCA regulations and applies to all regulated crypto exchanges.

Verification requires:

A copy of a valid ID (passport or ID card).
A selfie or facial verification.
In some cases, address verification.

Full KYC is also required for the Bybit Card and Earn products.

Bybit Fees and other costs

Bybit Global offers some of the most competitive fees in the industry, with spot trading starting at 0.10% maker and 0.10% taker. By trading more, these fees can go down. At high volumes, maker fees can even become negative (you receive money per trade).

Fee overview Bybit Global spot trading:

Level	30D Volume (USD)	Maker	Taker
Regular	< $100K	0.1000%	0.1000%
VIP 1	≥ $100K	0.0750%	0.0900%
VIP 2	≥ $500K	0.0500%	0.0800%
VIP 3	≥ $1M	0.0300%	0.0600%
VIP 4	≥ $5M	0.0200%	0.0500%
VIP 5	≥ $10M	0.0100%	0.0400%

Bybit EU fees

Important: Bybit EU has different fees than Bybit Global. The European fees are higher (0.25% versus 0.10% on Global). This is because Bybit EU is a separate platform with its own order books and liquidity, specifically for the European market.

Fee overview Bybit EU spot trading:

Level	30D Volume (USD)	Maker	Taker
Regular	< $100K	0.2500%	0.2500%
VIP 1	≥ $100K	0.2000%	0.2500%
VIP 2	≥ $500K	0.1500%	0.2000%
VIP 3	≥ $1M	0.1000%	0.1500%
VIP 4	≥ $5M	0.0500%	0.1000%
VIP 5	≥ $10M	0.0200%	0.0600%

With our exclusive deal, you receive 10% discount on your trading fees during the first 30 days.

Calculation example: You place a trade of $1,000 and normally pay $1.00 in trading fees on Global (0.10%) or $2.50 on EU (0.25%). With the 10% discount via our deal, you pay $0.90 (Global) or $2.25 (EU).

Is Bybit safe?

Bybit EU is a fully regulated platform with a MiCA licence from the Austrian Financial Market Authority (FMA). This means Bybit EU complies with strict European requirements regarding consumer protection, transparency and anti-money laundering regulations.

Bybit EU operates as an independent European entity (Bybit EU GmbH) with:

A MiCA licence from the FMA in Austria.
A European headquarters in Vienna with more than 100 employees.
An office in Amsterdam.
Dedicated compliance, risk management and legal teams.
A “three-lines-of-defense” model for all decisions.

The CEO behind Bybit is Ben Zhou and he is the public figure behind the platform. Mazurka Zeng is Co-CEO of Bybit EU and responsible for European operations.

Bybit Global has more than 72 million users worldwide and more than 2 million Bybit Cards have been issued. The platform consistently ranks in the top 3 of exchanges by trading volume.

Security:

The majority of funds are kept in cold storage.
KYC is mandatory for all users.
2FA (two-factor authentication) is strongly recommended.
Anti-phishing code available.

Our advice is to only use this platform for trading and not for long-term storage of large amounts of crypto. It is best to withdraw your crypto to a personal wallet when you are done trading.

Bybit vs Coinbase: comparison

For traders comparing Bybit with other major platforms, here is how it stacks up against Coinbase:

	Bybit (Global)	Coinbase
Offer	1,700+ cryptos	250+ cryptos
Trading fees	0.10% maker / 0.10% taker	1.49% (broker) / 0.60% (Advanced)
Regulation	MiCA licence (FMA, Austria) + multiple jurisdictions	MiCA licence (CSSF, Luxembourg)
Payment methods	SEPA, Wero, credit card, P2P	iDEAL, Bancontact, Wero, credit card
Users	72+ million (worldwide)	120+ million (worldwide)
Futures	Yes, up to 200x leverage	No (for EU)
Copy Trading	Yes	No
Crypto Card	Mastercard (up to 10% cashback)	Visa Card
Earn	Up to 15% per year	Yes, various cryptos
Publicly listed	No	Yes (NASDAQ, S&P 500)

Conclusion: Bybit offers significantly lower trading fees (0.10% vs 1.49%), a much larger selection of cryptos (1,700+ vs 250+) and more advanced features including futures, copy trading and a Mastercard with up to 10% cashback. Coinbase has the advantage of being publicly listed on NASDAQ and the S&P 500, which provides additional transparency. For cost-conscious traders, Bybit is the clear choice.

What is Bybit?