Bybit
Derivatives-focused CEX with copy trading and solid liquidity.
Key facts
Referral program: Tiered commission for referred users
Overview
Bybit is known for derivatives with deep liquidity on perpetual contracts, plus a growing spot market. The platform supports advanced order types, risk controls and an active copy-trading ecosystem. Maker/taker fees are competitive and drop with volume; occasional campaigns provide additional rebates. Fiat on-ramps are available in selected regions and the mobile app is responsive for both spot and futures. Proof of Reserves reporting and standard security features (2FA, anti-phishing codes, withdrawal whitelist) are present. If you primarily trade perps and want copy-trading tools or bots, Bybit is a strong choice; confirm regional access for derivatives before funding.
Fees & discounts
Fees: 0.10% / 0.10%.
Security & Proof of Reserves
- Proof of Reserves: Yes
- 2FA, withdrawal whitelist, device controls
Fiat & payments
- Fiat on-ramps: Yes
- Fiat support: cards, bank (regional)
Regulation & availability
- Licenses: Regional registrations
- KYC: Yes
Pros
- Strong derivatives liquidity
- Copy trading & bots
- Competitive fee tiers
Cons
- Fiat ramps vary by region
- KYC needed for higher limits