bybit review

Trading costs move with the pair and the size of the trade. Across the crypto exchange ranking, taker fees run 0.07% at the cheaper end and 5.5% at the top, so check the rate on your pair before you commit to a position.

Yes. The European entity, Bybit EU GmbH, is licensed by Austrian Financial Market Authority (FMA) and Commission de Surveillance du Secteur Financier (CSSF). The licence on record in Austria is MiCA CASP 529900B4G0EGK7Z9KT45 and the Luxembourg one is MiCA CASP 984500F14CA4571AAC11, both under the MiCA crypto asset regime.

Bybit lists 396 coins. Listings in the crypto exchange ranking spread widely, with 25 at the lower quartile and 392 at the upper, so Bybit sits above the upper quartile. A long list matters most if you trade beyond the major pairs.

Bank transfer is the most common route in the crypto exchange ranking, used by 91.9% of venues, with card payments at 52.9% and SEPA transfers at 31.4%. Check the deposit options in your own account before funding.

Proof of reserves is published for Bybit, which lets you set what the platform says it holds against what it says it owes. It is a snapshot rather than an audit, and 76.6% of venues in the ranking hold assets for customers rather than in self custody.

Bybit fits traders who want a long spot list in one place and a licensed European counterparty, since 396 coins are listed under Austrian Financial Market Authority (FMA) and Commission de Surveillance du Secteur Financier (CSSF). It suits active buyers and sellers of major pairs more than people making a small purchase, and more than anyone saving for a bank return.

Crypto trading carries high risk. The median share of retail traders who lose money across the products tracked here is 70.15%, and the range runs 40.3% to 88%. A long coin list does not reduce that risk.