What We Liked

  • Advanced spot and derivatives trading
  • Copy trading and automated bots
  • Up to 100x leverage for futures
  • Deep liquidity and fast order execution
  • Integrated Web3 and NFT marketplace

What We Didn't Like

  • Not available to US residents
  • Complex platform for beginners
  • Limited fiat on-ramp options
  • KYC required for higher limits and special features
Emily Carter
Emily Carter

Chief Crypto Analyst

Last updated: July 25, 2025

Detailed Review

Bybit: Leading Platform for Futures, Spot & Web3 Trading

Overview:
Bybit is a top global cryptocurrency exchange famous for its powerful derivatives markets, up to 100x leverage, and deep liquidity. Along with advanced spot and futures trading, Bybit offers copy trading, AI-powered bots, staking, and direct access to Web3 dApps and NFTs—all from a single interface.

Features:
Trade hundreds of spot and futures pairs, utilize copy trading to follow top performers, or automate strategies with built-in bots. Bybit’s launchpad, staking, and NFT features create a full ecosystem for traders and Web3 users.

Usability:
Bybit’s web and mobile apps feature clear dashboards, advanced charts, and quick order execution. The platform is designed for active traders, but may be overwhelming for first-timers.

Security:
Funds are protected with cold storage, 2FA, insurance funds, and regular audits. KYC is required for higher withdrawal limits and certain functions.

Bottom Line:
Bybit is ideal for experienced traders looking for advanced features and fast access to the world of Web3. Not suitable for US residents or total beginners.

Pros & Cons

Quick overview of the main advantages and disadvantages

Pros

  • Pro-level spot and futures trading
  • Copy trading and trading bots
  • Deep liquidity
  • NFT and Web3 ecosystem
  • Robust security

Cons

  • Not available to US users
  • Learning curve for newcomers
  • Fewer fiat options
  • KYC needed for full access

Countries Supported

Bybit is available in the following countries and regions:

United States
Canada
European Union
United Kingdom
Brazil
Japan
+ 25 other countries

Frequently Asked Questions

Find answers to common questions about Bybit