Bybit Was Established In March 2018 And Registered In The British Virgin Islands. It Is A Global Digital Asset Derivatives Trading Service Platform. Users Are Located In More Than 200 Countries Around The World, Covering North America, Europe, Asia-Pacific And Other Regions, Providing Professional Digital Asset Derivatives Trading Services For Individual Users And Professional Institutions. Bybit Leads The Ecological Development Of Digital Assets Through The Combination Of Digital Assets And Traditional Finance. It Provides First-class Liquidity And Is Committed To Creating The Safest, Fair, Efficient And User-friendly Trading Service Platform In The Industry.
Bybit Is A Centralized Exchange (CEX) With More Than 100 Cryptocurrencies And More Than 100 Crypto Derivatives Contracts. It Has More Than 5 Million Registered Users, An Average Daily Trading Volume Greater Than $25 Billion, Supports More Than 195 Countries, And It Is The Top 5 Crypto Derivatives Exchange In The World.
The Platform Offers The Following Products: Spot, Derivatives (USDT Perpetual, USDC Perpetual, Reverse Perpetual, Futures, USDC Options, Leveraged Tokens), NFT Markets, Bybit Earn, Cryptocurrencies And Option Buying.
It Was Founded By Founder And CEO Ben Zhou. After Graduating From The University Of Pennsylvania, Zhou Returned To China And Worked For 7 Years At XM, One Of The Largest Foreign Exchange Brokerage Firms In China. In 2018, He Co-founded Crypto Derivatives Exchange Bybit.
The Company Is Registered In The British Virgin Islands Under The Name Bybit Fintech Limited. It Is Headquartered In Singapore And Has Offices In Hong Kong And Taiwan.
The Globalized Platform Is Available To Customers All Over The World Except For The United States, Singapore, Cuba, Crimea, Sevastopol, Iran, Syria, North Korea, Sudan, Chinese Mainland And Other Countries With Service Restrictions.
Bybit Adopts A Tiered Fee Structure Based On The Pending-eating Model. The Various Tiers Include: Non-VIP, VIP 1, VIP 2, VIP 3, Pro 1, Pro 2, Pro 3. For Non-VIP Level Users, The Pending Order Fee For Spot Trading Is 0.10%, And The Pending Order Fee For Perpetual And Futures Trading Is 0.06%, While The Pending Order Fee Is 0.01%. For Pro 3 Level Users, The Spot Order Fee Is 0.02%, And The Pending Order Fee Is 0%; For Derivatives Trading, The Pending Order Fee Is 0.03%, And The Pending Order Fee Is 0%.
The Exchange Offers Up To 100x Leverage On Crypto Derivatives Products. Offering Products Include BTC/USD, ETH/USD, XRP/USD, EOS/USD, And Various Perpetual Contracts. Users Can Also Use Position-by-position Margin And Full Position Margin Models. In Addition, Clients Can Also Use Features Such As Reverse Perpetual Contracts, Crypto Futures, Cryptocurrency Options, And Leveraged Tokens.
