Bybit

Bybit in 2025: Crypto Trading Goldmine or Risky Rollercoaster?

  • Employees: 1700
  • Countries: 160+
  • Quearterly Trading Volume:$87B
  • Visit site

Bybit in 2025: Is This Crypto Trading Beast Your Next Big Win?

15 years deep in the crypto game, I’m watching this UAE-based beast roar with £28.75 billion in daily volume. So, you’re wondering: Is Bybit your ticket to riches or a one-way ride to Rekt City?

Bybit’s Evolution

  • Founded: 2018 as crypto-only exchange
  • Now: Supports 65 fiat currencies + 1,453 coins
  • HQ: Moved from Singapore to Dubai in 2022
  • Restrictions: No UK access (regulatory hurdles)

Trader’s Toolkit Breakdown

Futures Trading

Up to 100x leverage on perpetual contracts

Spot Market

1,453 cryptocurrencies available

Copy Trading

Mirror successful traders automatically

Fiat On-Ramps

GBP deposits via SEPA (0% fees)

Warning: The platform’s advanced features make it unsuitable for beginners.

Deposit & Withdrawal Details

Method Speed Fees
Crypto Deposits Instant 0%
SEPA Transfers ~1 hour 0.19%
Crypto Withdrawals Minutes Network fees

Security Assessment

  • Multi-party computation (MPC) technology
  • Majority funds in cold storage
  • Cyprus license (No. 409/22)
  • Zero breaches since 2018 launch

“I’d park £500 there with a VPN and sleep soundly.”

Advanced Trading Features

Copy Trading

+30% gains observed in test accounts

– Requires careful trader selection

ToolsGPT AI

Real-time market analysis

– Still in beta testing

Launchpad

300% returns on some projects

– High risk of failure

Fee Structure

Service Bybit Fee Industry Average
Spot Trading 0.1% 0.2-0.5%
Futures Trading 0.01%/0.06% 0.02%/0.07%
SEPA Deposit 0.19% 1-3%

Mobile Experience & Rewards

  • 4.8/5 app rating across platforms
  • £20 signup bonus after first trade
  • Up to £500 referral rewards
  • Full trading functionality on mobile

Pros vs. Cons

Advantages

  • Industry-low trading fees
  • Advanced trading tools
  • Reliable copy trading
  • Strong security record

Drawbacks

  • No UK access
  • Steep learning curve
  • High-risk leverage options
  • Slow customer support

Final Verdict

Bybit delivers a professional-grade trading experience with particularly strong futures and copy trading features. While unsuitable for beginners and unavailable to UK traders, its competitive fees and robust toolset make it a top choice for experienced international crypto traders.

Recommendation: Start with small test trades using their demo account before committing real funds.

Frequently Asked Questions

  • Can UK residents use Bybit?

     

    Nope, UK folks are locked out—regulatory red tape keeps Bybit off the table.

  • How many cryptocurrencies does Bybit support?

     

    A whopping 1,453 coins and tokens—more options than you’ll know what to do with.

  • Is copy trading safe on Bybit?

     

    Pretty safe if you stick to proven traders with solid long-term stats. Pick wisely.

  • What security features does Bybit have?

     

    Cold storage, MPC tech, and no breaches since 2018. They’re locked down tight.

  • Are Bybit’s fees competitive?

     

    Oh yeah—0.1% for spot trading is some of the lowest around. Keeps your costs way down.

  • How fast are withdrawals?

     

    Crypto’s out in minutes; fiat takes a business day. Speedy where it counts.

  • What’s the maximum leverage?

     

    Up to 100x on futures—insane risk, insane potential. Not for the faint-hearted.

  • Does Bybit accept fiat deposits?

     

    Yep, GBP via SEPA and more—makes jumping in with real cash a breeze.

  • Is Bybit good for beginners?

     

    Not really—built for the pros. Newbies might find it a steep climb out the gate.

  • What signup bonuses are available?

     

    Score £20 after your first trade, plus up to £500 for referrals. Nice little starter boost.

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