Bybit
5-10 years
Regulated
Exchange
Regulated in Austria
Crypto Asset Transfer License (MTL)
Global Business
Ecosystem Exchange
Crypto Lending Support
Visit Website

Basic Information

Country/Region
United Kingdom
Exchange AbbreviationBybit
Company NameBybit
Operating Period5-10 years
Websitehttps://www.bybit.eu/
Exchange TypeCentralized Exchange

Score

0.00/10
2026-08-28 Rating

RiskNotice

3 risk alerts
High Risk 1
Medium Risk 2

FMARegulated

Austria Crypto Asset Transfer License (MTL)

AFSARegulated

Kazakhstan Crypto Asset Exchange License (CEX)

CMARegulated

United Arab Emirates Crypto Asset Exchange License (CEX)

NBGRegulated

Georgia Virtual Asset Service Provider (VASP)

CMBRegulated

Turkey Virtual Asset Service Provider (VASP)

FSARegulated

Seychelles Crypto Asset Exchange License (CEX)

Asset Strength

Bitcoin
159,689.25
Asset ReservesHighCapital flowsStable24H VolLow

Asset Reserves

Exchanges with reserves exceeding 95.07%

4 /100
$12,860,000,000
BTC$4.76B

Capital flows

Exchanges with 24H outflows exceeding 97.95%

2 /100
-$176,596,775.18
1.37% Stable

Trading Volume

Exchanges with 24H trading volume exceeding --

0 /100
$1,890,000,000
27.52%

Official Token

BIT

BitDAO

$0.54

12.49%

Issue Time

2021-08-11

Crowdfunding Price

$1.50

return on investment

-64.02%

Recently destroyed (pieces)

--

Total destroyed (pieces)

--

Currency Accepted

407Currency
551Trade
LiquidityNO.40
Currency/NameTradeUnit PriceChange24H Vol+2%/-2% Market DepthLiquidity
BTC
BTC/USDT$79,019.832.21% $899,682,726.92$10.38M/$12.17M868
ETH
ETH/USDT$2,480.541.43% $319,147,818.43$4.22M/$6.63M782
USDC
USDC/USDT$1.000.01% $281,668,337.92$18.02M/$26.21M716
SOL
SOL/USDT$96.251.14% $93,551,794.99$1.77M/$1.90M598
XRP
XRP/USDT$1.481.50% $85,849,011.95$1.58M/$1.32M606
HYPE
HYPE/USDT$77.534.16% $79,904,191.65$790.85K/$696.70K549
LIT
LIT/USDT$3.282.97% $29,407,128.85$316.79K/$302.06K450
ENA
ENA/USDT$0.152317967.63% $26,851,880$621.03K/$600.61K569
MNT
MNT/USDT$0.521293010.51% $22,045,474.06$323.18K/$292.30K486
XAUT
XAUT/USDT$4,617.430.49% $18,153,272.3$1.12M/$1.17M644

Exchange Overview

Exchange Overview

What Is Bybit?

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

The platform offers the following products: Spot, Derivatives (USDT perpetuals, USDC perps, inverse perps, futures, USDC options, leveraged tokens), NFT marketplace, Bybit Earn, Buy Crypto and Options.

Who Are the Bybit Founders?

It was established 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 forex brokerage companies in China. In 2018, he co-founded the crypto derivatives exchange Bybit.

When Did Bybit Launch?

Bybit was launched in March 2018.

Where Is Bybit Located?

The company is registered in the British Virgin Islands as Bybit Fintech Limited, and is headquartered in Dubai, UAE, under Bybit Fintech FZE.

Bybit Restricted Countries

The global platform is available to customers worldwide, except for countries with service restrictions such as the United States, the United Kingdom, mainland China, Hong Kong, Singapore, Canada, North Korea, Cuba, Iran, Uzbekistan, Russian-controlled regions of Ukraine (currently including the Crimea, Donetsk, and Luhansk regions), Syria.

What Coins Are Supported on Bybit?

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, DOT and more.

How Much Are Bybit Fees?

Bybit charges a tiered fee structure based on a maker-taker model. Tier levels include: non-VIP, VIP 1, VIP 2, VIP 3, Pro 1, Pro 2 and Pro 3. For non-VIP level users, maker and taker fees are 0.10% for spot trading, and 0.06% (taker) and 0.01% (maker) fee for perpetual and futures trading. For Pro 3, spot trading fees are 0.02% (taker) and 0% (maker), and derivatives trading fees are 0.03% (taker) and 0% (maker).

Is It Possible To Use Leverage or Margin Trading on Bybit?

The exchange also offers trading with up to 100X leverage on crypto derivatives products. Available products include BTC/USD, ETH/USD, XRP/USD, EOS/USD, and more perpetual contracts. Users can use isolated margin and cross margin as well. Customers have access to Inverse perpetuals, crypto futures, crypto options and leveraged tokens.

Business Region

InfluenceAAA
0
2
4
6
8
10

Deposit/Withdrawal

Trade TypeP2P
InstrumentExpress
Supported Fiat
Minimum Deposit$2
Payment MethodBank Transfer
Trade TypeP2P
InstrumentP2P
Supported Fiat
Minimum Deposit$2.000
Payment MethodABA、ACB、ACHXpress Panamá、ACLEDA、AirTM、Al Rajhi Bank、Ameriabank、Apple Pay、BAC Credomatic、BBVA、BCA Mobile、BDO、BIDV、Bakai Bank、Bakong、Balance、Banco Agricola SV、Banco BAC Credomatic SV、Banco Bolivariano、Banco Brubank、Banco De Oro (BDO)、Banco Guayaquil、Banco Hipotecario SV、Banco Pichincha、Banco Santander Uruguay、Banco de Costa Rica、Banco de Credito、Banco del pacifico、Banco general panama、Banesco Panama、Banistmo Panama、Bank Transfer、Bank Transfer (Argentina)、Bank Transfer (Middle East)、Bank Transfer (Turkey)、Bank of America、Bank of China (Hong Kong)、Bank of Georgia、Bank of the Republic of Uruguay、Bank of the philippine Islands (BPI)、Bank transfer (Cambodia)、Bank transfer (Costa Rica)、Banks transfer (Vietnam)、Boubyan Bank (K.S.C) (Boubyan)、CIMB、Cash Deposit to Bank、Cash app、CenterCredit Bank、CliQ、Coins.ph、Commercial bank Kyrgyzstan、Credit Bank of Peru、Credo Bank、DemirBank、Easypaisa-PK Only、FCMB、Facebank International、First Bank、ForteBank、Freedom Bank、GTB Bank (Guarantee Trust Bank)、Garanti、Gcash、Grab Pay、HSBC Hong Kong、Halyk Bank、Hong Leong Bank、Humo、IDBank、Inecobank、Instapay、Interac e-transfer、Interbank、International Bank of Tajikistan、International Wire、Ipoteka Bank、Itaú Uruguay、Jaiz Bank、Jusan Bank、KHQR、KICB、Kaspi Bank、Komo Bank、Kuda、Kuda Bank、Kuveyt Turk、Kuwait Finance House (KFH)、LandBank of the Philippines、Lemon Cash、Liberty Bank、Lloyds Bank、MTBank、MTN Mobile Money、Mandiri Pay、Maya、Maybank、Mercadopago、Mercantil Bank Panama、Metropolitan Bank of the Philippines、MoMo、Mobile Top-up、Monobank (card)、Mony、Multibank Panama、N26、NETELLER、National Bank of Kuwait (K.S.C) (NBK)、Nurbank、O!Money、OCA Blue、OCBC Bank、OCBC NISP、Opay、Optima Bank、Oschadbank、PUMB、PayMe、PayPal、Payeer、Paysend.com、Paysera、Permata Me、Prex、PriorBank、Privat Bank、Produbanco、Public Bank Berhad、QNB Finansbank、Qatar National Bank QNB、RBC Royal Bank、RSK Bank、Raiffeisenbank、Reba、Revolut、SEA Bank、SEPA、SEPA Instant、SWIFT、Santander Rio (Argentina)、Saudi National Bank (AlAhli Bank)、ScotiaBank Peru、Scotiabank Panama、Scotiabank Uruguay、Shopee、Skrill、Stanbic Ibtc Bank、TBC Bank、Touch n Go、TowerBank Panamá、ACH Transfer (Panamá)、Transfers with specific bank、True Money、UniBank、UnionBank of the Philippines、Uzcard、VakifBank、Venmo、Victoriabank、Vietcombank、Vodafone cash、Wally Tech、Western Union、WingMoney、Wise、Yape、ZEN.COM、Zelle、Zinli、Ziraat、bKash、mBank、stc pay、whish MONEY

News

150

BitMart Accused of Running Away and Blocking Withdrawals? “Debt Recovery Alliance” Formed: Users Dem

Recently, a former BitMart employee publicly exposed allegations on X, claiming that BitMart‘s collapse was a premeditated scheme to take users’ funds and disappear.  According to the claims, before its alleged shutdown, BitMart used high-yield financial products to attract and collect approximately 40 million USDT from users. The platform has since reportedly refused withdrawal requests, especially large withdrawals. Even former employees allegedly had their crypto assets locked, while the company also refused to pay employee compensation and delayed some salary payments.  It can be said that BitMart has severely damaged its reputation this time — allegedly even betraying its own employees. If insiders cannot withdraw their funds, can ordinary users still expect to get their assets back?  Even more controversially, some allegations claim that BitMarts executives are planning to move to WooxPro and repeat the same alleged fund-raising and exit strategy.  A crypto blogger on X claimed that the BitMart incident has already been officially filed for investigation and is highly likely to be treated as a landmark case.  Exposé on X (Source: @silencefisher)  Users affected by BitMart‘s withdrawal restrictions have now begun organizing themselves and forming a “Debt Recovery Alliance” to demand the return of their assets. This matter is unlikely to end anytime soon.

BitMart Accused of Running Away and Blocking Withdrawals? “Debt Recovery Alliance” Formed: Users Dem
08-06Deep Dive

BitMart Shutdown Sparks Withdrawal Concerns: $3.7 Million in User Assets Reportedly Affected — WikiB

After BitMart announced its orderly shutdown on July 26, an increasing number of users have reported issues in recent days, including withdrawal difficulties, delayed withdrawals, abnormal account balances, and unresponsive customer support.  On July 30, affected BitMart users with significant asset exposure established a joint communication group and completed an initial registration process. According to the preliminary records, 27 users reported being unable to withdraw their funds normally, with total affected assets reaching approximately 3,704,214 USDT.  The largest reported individual asset amount reached 700,000 USDT, while several other users reported account balances ranging from 100,000 USDT to 600,000 USDT.  Screenshots from the original accounts of just seven users showed a combined balance of 1,692,203.67 USDT.  Screenshot of BitMart Users Unable to Withdraw Funds (Source: @MINGLIbtc)  Centralized exchanges (CEXs) play a critical role in custodying user assets, facilitating trades, and providing withdrawal services. However, over the past few years, the crypto industry has witnessed multiple exchange risk events. From the collapse of major exchanges to withdrawal difficulties faced by smaller platforms, ordinary users are often the ones who suffer the greatest impact in the end.  When such incidents continue to occur, how can users better protect their asset rights and interests?BitMart Shutdown: $3.7 Million in User Assets

BitMart Shutdown Sparks Withdrawal Concerns: $3.7 Million in User Assets Reportedly Affected — WikiB
07-30Industry

DeFi Is a Major Target for Hackers — Your Funds May Flee Faster Than the Project Team Can React

In the first half of 2026, a total of 344 security incidents occurred in the Web3 ecosystem, with cumulative losses amounting to approximately 1.32 billion US dollars. Although this figure represents a 46.8% decline year-on-year compared to the same period last year, excluding the impact of the $1.45 billion loss from Bybit, the scale of losses in the first half of this year actually rose by around 28% year-on-year.  In other words, there has been no substantial improvement in the overall security environment of the industry.  In the first quarter alone, Web3 projects lost $464.5 million across 43 incidents, with phishing and social engineering attacks inflicting the heaviest losses. Wallet theft was the costliest attack vector, causing $445 million in losses via 33 incidents in the first half of the year; phishing led to $366 million in losses through 63 incidents.  The latest case involves DeFi platform Summer. fi (formerly Oasis. app), which was exposed to an attack on July 6,2026, with approximately 6 million US dollars siphoned off. Security firm Blockaid detected that the vulnerability bypassed existing protection measures. In June, crypto platforms lost 75.87 million US dollars in 40 hacking attacks, and the vulnerability of Humanity Protocol was the largest single

DeFi Is a Major Target for Hackers — Your Funds May Flee Faster Than the Project Team Can React
07-24Industry