Comprehensive Beginner's Guide to Bybit

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Welcome to Bybit โ€“ your gateway to the world of cryptocurrency trading! Bybit is a leading global crypto platform offering a full suite of services, including spot/derivatives trading, wealth management products, and Web3 solutions.

Follow these 5 simple steps to start your journey:


Step 1: Register a Bybit Account

๐Ÿ‘‰ Sign up on Bybit using your email or phone number. Each contact method can only register one account.

Key Notes:


Step 2: Complete Identity Verification (KYC)

KYC unlocks higher withdrawal limits, fiat deposits, and access to exclusive events like Launchpad.

Process:

  1. Submit basic account details.
  2. Upload a government-issued ID and a selfie.

Why KYC Matters:


Step 3: Deposit Funds

Transfer crypto from external wallets or use Bybitโ€™s fiat gateway for deposits. Supported methods include:

โš ๏ธ Never share passwords, private keys, or 2FA codes.


Step 4: Buy Cryptocurrency

Bybit supports multiple purchase options:

| Method | Description | Supported Fiats |
|-----------------|--------------------------------------|-----------------|
| Express Buy | Instant purchases via card/P2P/etc. | USD, EUR, HKD |
| P2P Trading | Direct peer-to-peer transactions | 100+ currencies |
| Fiat Deposit | Bank transfers to buy crypto later | Region-specific |

๐Ÿ‘‰ Start buying crypto


Step 5: Explore Bybit Products

Beginner-Friendly Options

  1. Spot Trading: Trade 100+ cryptocurrencies at market prices.
  2. Earn Products:

    • Savings (flexible/structured)
    • Liquidity mining
    • Dual Asset Investment
  3. Launchpad: Invest in new token projects pre-listing.
  4. Copy Trading: Mirror expert tradersโ€™ strategies.

Advanced Tools


FAQ Section

โ“ How do I secure my Bybit account?

Enable 2FA, whitelist withdrawal addresses, and avoid phishing links.

โ“ Whatโ€™s the minimum deposit for P2P trading?

Varies by currency; check the P2P platform for details.

โ“ Are there fees for deposits?

Crypto deposits are free; fiat deposits may incur bank/P2P fees.

โ“ Can I trade without KYC?

Yes, but with limited features (e.g., no fiat deposits).


Pro Tips

๐Ÿš€ Ready to dive in? Start trading on Bybit today!