Bybit (Futures)
🏆 Arbi.TEAM 1/10
📋 Basic information
📊 Trading statistics
📖 About exchange
Bybit
Professional derivatives trading platform
General Information
| Parameter | Value |
|---|---|
| Year Founded | 2018 |
| Country | Seychelles |
| Type | CEX |
| Focus | Futures and derivatives |
| CEO | Ben Zhou |
History
Bybit founded in December 2018 by Ben Zhou, a former traditional finance and Forex professional. The exchange focused exclusively on derivatives from day one.
In 2020 daily volume exceeded $20B during the March crisis. Bybit maintained platform stability while competitors experienced outages.
In 2021 spot trading and Bybit Card launched. In 2022 Proof of Reserves was introduced. In 2023 Bybit obtained a VARA license in Dubai and opened a global hub in UAE.
Key Features
Futures Trading
USDT-margined and inverse contracts with leverage up to 100x. Deep liquidity perpetuals and quarterly futures.
Options
European options on BTC and ETH. Automatic premium calculation and unwanted expiry protection.
Risk Management
Insurance Fund covers liquidation losses. Partial-fill liquidation prevents price spikes.
Bot API
High-performance API with WebSockets. Supports algorithmic trading and Python bots.
Mobile App
Professional app with full derivatives functionality, charts, and alerts.
Bybit Earn
Staking, Launchpool and DeFi products. Dual investment products with principal protection.
Trading Fees
| Market | Maker | Taker |
|---|---|---|
| Spot | 0.10% | 0.10% |
| USDT Futures | 0.01% | 0.06% |
| Inverse Futures | 0.01% | 0.06% |
| Options | 0.02% | 0.03% |
0.01% maker fee on futures — among the lowest. VIP program with 10 tiers. Referral: up to 30% commission.
Security
Geography & KYC
Availability: 150+ countries KYC: Tiered — basic trading without KYC Banned in: USA, China, Iran, North Korea, Cuba
Pros & Cons
✅ Pros
- Best-in-class futures fees
- Professional trading platform
- Reliable uptime record
- Powerful API for bots
- VARA license in Dubai
❌ Cons
- Spot market lags competitors
- Low CoinGecko global rank
- Fewer coins than top 5
- Unsuitable for long-term investors
User Reviews
Trustpilot: 3.5, 5,000+ reviews. Traders praise platform speed and low fees. Negative feedback on limited coin selection and withdrawal issues during high volatility. API stability attracts professional traders.
Arbitrage suitability assessment — will be added later
Personal user experience — will be added later