What is ByBit Crypto exchange?
One of the cryptocurrency exchanges that is expanding quickly is Bybit. Since this exchange’s launch in March 2018, it has served more than 2 million consumers. You can begin trading perpetual contracts after completing the registration process. Various cryptocurrencies can be traded in pairs against the US dollar. Ripple, Ethereum, EOS, and Bitcoin are the current cryptos. Market participants’ holdings are not time-limited with perpetual contracts.
The success of Bybit is attributed to its user-friendly platform and high-leverage products, which have a 100x potential. But be careful, for leverage has two sides. If the market swings in your favor, you may earn a lot of money, but you could also lose a lot of money.
Is ByBit a Safe Exchange?
Since Bybit has been on the market for over 4 years, we are compelled to recognize this accomplishment. Any business that has survived for two years or more is definitely on the right track.
The cryptocurrencies of its customers are further kept offline by this exchange in cold storage wallets. Therefore, they won’t be accessible online to hackers and other intruders. In order to prevent hackers from making transfers on behalf of legitimate clients, the business routinely examines each withdrawal request.
Is ByBit a Good Exchange?
ByBit is one of the worthy exchanges that offer a solid crypto trading experience. Below is a list of pros:
- For a new user, no KYC is required.
- It is simple to get started trading.
- To log in and trade, there is a mobile app alternative as well.
- Bybit offers enticing trading fees, market maker reimbursement, and exceptionally high leverage.
- It is among the top exchanges for the most trading in cryptocurrency derivatives.
- Order types include limit orders, partial orders, conditional orders, and market orders.
- Has an Insurance Fund that would compensate losses for any mishap
ByBit Crypto Bonus: How to win up to $30,030?
If you are still looking for an exchange to embark on your trading journey, look no further. ByBit is offering a crypto bonus of up to $30,030 for new users split into the below:
- : $30,000
- Welcome gift: $30
Deposit Blastoff: How to receive up to $30,000
The tiers to earn a deposit blastoff are as follows:
- Deposit up to $1,000: you get USDT 50
- Deposit up to $3,000 and trade a volume of $10,000: you get USDT 100
- Deposit up to $10,000 and trade a volume of $50,000: you get USDT 350
- Deposit up to $20,000 and trade a volume of $200,000: you get USDT 800
- Deposit up to $100,000 and trade a volume of $15,000,000: you get USDT 5,000
- Deposit up to $125,000 and trade a volume of $50,000,000 : you get USDT 8,800
- Deposit a minimum of $150,000 and trade a volume of $75,000,000 : you get USDT 15,000
- Deposit a minimum of $250,000 and trade a volume of $150,000,000 : you get USDT 30,000
ByBit Welcome Gift: How to earn up to $30?
Here’s the list of the tasks. Grab them while you can!
- KYC verification level 1: USDT 3
- Download app and Login: USDT 5
- Deposit any amount: USDT 1
- Deposit more than $100 within the first 7 days: USDT 10
- Open your first spot trade: USDT 3
- Open your first derivative trade: USDT 3
- Trade actively for 3 days: USDT 5
Additional Benefits for Existing Users
If you’re an existing user, you can still benefit from ByBit’s awesome promotions. Based on your deposit and your trade volume, you can win up to USDT 500.