Start trading on Bybit
Hello traders, and people who want to be a trader. I think, that the most interesting things that we can do in 21st century - its trading. And when I am writing this article - all my city is locked, people losing their jobs with tremendous speed, but trading is existing, and will be exits for next years... You can earn money, find friends and learn a lot of new information. Today, I wanna tell you about Bybit exchange and why you should trade here. Ready? GO!
Bybit started at 2018. People call it: "friendly to veteran and newcomers platform".Main office is based in Singapore.
1. Lets talk about the main futures of Bybit:
- Margin trading with up to 100x leverage. Trade Bitcoin, Ethereum, EOS, and XRP perpetual contracts with up to 50x, 100x or lower leverage to find a suitable balance between risk and profits.
- Multi-currency support. At ByBit, you can deposit, withdraw, and open positions in BTC, ETH, EOS, XRP, and even USDT. Use the internal Asset Exchange feature to convert cryptocurrencies with ease.
- Possibility to trade USDT/BTC pair (USDT perpetual contract) with hedging
- Low fees. ByBit offers some of the most competitive margin trading fees on the market. Maker = -0,025% and 0,075% for taker
- No KYC exchange. The platform does not ask you for any personal or private information.
- Powerful and well-designed trading interface. ByBit has a robust, powerful and well-designed platform and is easy to navigate yet is full of advanced options. It can handle up to 100,000 trades per second.
- Secure platform. The exchange has no history of hacks, breaches, or leaked user information.
- 24/7 customer support. The support is available in multiple languages and takes the form of desk-based live chat function and email.
- Great and well designed application (available in Play Market and Apple Store)
- Bybit - is one of the biggest crypto derivatives platform in the World. Volume per 24h is changing between 1 - 3 billion USD.
- Slogan of Bybit: "Listen. Care and Improve"
2. Before we will talk about trading on Bybit you should know that trading - its a high risk thing. And you should manage your risk, trade accuracy, learn what Money Management is and do not give up. To understand what trading is you should imagine how its works.
- There are two sides on market: buyers and sellers. In trading people calling them Bulls and Bears. One side want to sell, because of plenty of reasons (they want to buy the deep, because of their strategy, or want to buy new lambo) and other side want to buy (because price is good, because they are new, because their analysis showing that its time to buy). And your main task - buy the deep, sell on the top. It can be top of a day, or top of 15 minutes, or top of month - it will depend on your trading style and trading strategy. And when price will go from the opposite way of your position - close position right in time and do not loss your money.
3. And here we are. You are decided to try.
- Go to
and create your account in 2 minutes. You can do it with your mobile number or email
- After that Go to the unique Bybit Reward Hub
https://www.bybit.com/prize_page
and complete easy tasks for getting bonuses
- Register and join our social media channels via Twitter
- Try out TP/SL when placing your entry orders
- Make your First deposit ≥0.05BTC for $5 and First deposit ≥0.5BTC for $50
- Complete Bybit customer satisfaction survey
- Make total deposit = 1BTC
- Actively trading for 10 days accumulatively
And get for all this steps 90$ in bonuses in coupons.
FYI
Bonus can be used as trading margin but cannot be withdrawn. Profits from bonus can be withdrawn.
The coupon can only be used as transaction fee and cannot be withdrawn.
4. When you complete this tasks you should join your local telegram group... Because
- There are a lot of great Bybiters - you can share with them your thoughts and ask questions.
- There you will know about last Bybit promo`s
- There you can learn new things on Bybit Talks and Bybit education
- There you can find your team members and trade with them on Bybit Games
- There you can get bonuses for active helping for newcomers
- There you can also get bonuses for taking part in different interesting contests
Bybit has next telegram communities (maybe when you will read this article will open more):
English (Global Group):
French:
Hebrew:
Indian:
Japanese:
Korean:
Russian:
Spanish:
Turkish:
Vietnamese:
On the next part I will tell you about fees, funding, how to open short and long and what types of orders Bybit has... Stay tuned and wash your hands!