Are you looking for a Bybit Bonus?
Hurry up! Get the $4000 Bybit Bonus + 15% OFF Bybit Fees!
Register for Bybit using our Bybit Referral Code 13510
EXCLUSIVE LIMITED-TIME OFFER
Follow our promotional link below to sign up using our Bybit Referral Code 13510.
Grab the EXCLUSIVE $4000 Bybit Bonus by following our promotional link below!
What is Bybit?
Bybit is a cryptocurrency derivatives exchange that launched its services at the end of 2018.
The exchange gives traders the ability to trade Bitcoin, Ethereum, Ripple, and EOS perpetual contracts with up to 100:1 leverage. In a short time in operation, the exchange has managed to build up a 100,000+ customer base, sizable liquidity (around $30M currently), and average daily traded volume ($200M).
Register and grab your Bybit Bonus!
Receiving the Bybit Bonus
The initial deposit coupon can only be redeemed once per account and is not applicable to traders who have previously made a deposit or have received the initial deposit coupon previously. The initial deposit requirement can be in BTC/ETH/EOS/XRP/USDT and only when the first-ever deposit into the Bybit account meets the stated requirements, the system will then credit the corresponding coin type's initial deposit coupon into your account. Failure to meet the deposit amount requirement on your first deposit or subsequent deposits after redeeming an initial deposit coupon will be considered a non-qualification of requirements and will not receive the coupon.
Bybit supports BitDAO which is one of the largest DAOs in the world,
All treasury actions related to BitDAO will be determined by BIT token holders via a proposal and voting process.
BIT token holders are the ones who control BitDAO. BitDAO is not a company. It does not have a management team or employees.
Upgrades, token swaps, and partnerships for BitDAO can be proposed by any individuals, development teams, or R&D Labs. All these can either be approved or rejected by BIT token holders.
The BIT Token can be purchased via SushiSwap DEX on the Ethereum blockchain.
BIT tokens were also made available on Bybit in 2021, as part of the crypto platform’s Launchpad debut, and additional use-cases for BIT.
As with virtually any cryptocurrency exchange, Bybit retains fees resulting from its users' trades, Bybit's service is free, so, keeping a certain percentage of fees is a way of ensuring the company remains profitable.
Bybit does have some of the lowest fee structures in the business, however, their fees may change over time, instead of listing their fee structure at the time of writing, we suggest that, if you want to learn about their latest fee structure, you follow the link below, there you will always find the latest Bybit fee structure.
Is Bybit legal in US? Well, you may be wondering whether or not you are able to use Bybit's services in the US, the truth is that Bybit is not legal in the US, meaning that you cannot use it. That being said, the fact is that many US-based traders still use Bybit, the way they do it is by resorting to a VPN service in order to change their IP address into a location where Bybit is legal and allowed, regardless, we do not suggest that anyone does this, as it is not legal, and a big risk, anyone who does it, risks losing all their assets.
Is Bybit Safe?
With any service, there is always a certain amount of risk, Bybit is no different, especially considering that it is a service providing services related to cryptocurrencies, which is an extremely volatile market.
The company does implement some rigid safety and security measures, and it is also relatively well-established when compared to other services. Remember to always implement as many safety measures as you can, since some of the security of your account will be dependent upon you.
Bybit is mainly a leverage trading platform, and this type of platform can be very dangerous, so, make sure you really know what you are doing before getting into leverage trading, as it can be very easy to get liquidated and lose all your money.
We check all our discounts on a daily basis in order to make sure they are working and up to date, subscribe to the RushRadar platform for free, and get all the discount codes once they're available!
The cryptocurrency market is one of the fastest-growing markets today and has become a popular option for those looking to diversify their portfolios, if you'd like to sign up for a Bybit account, you can use our Bybit Referral Code to stand a chance to win the Bybit Bonus.
Check out these crypto offers: AAX Referral Code, Bitfinex Referral Code, Gemini Promo Code, Binance Referral Code, AscendEX Invitation Code, MEXC Referral Code, Cake DeFi Referral Code, Wirex Referral Code, PrimeXBT Promo Code, Maiar Referral Code, Bybit Referral Code, Pionex Referral Code, CoinSmart Promo Code, FTX Referral Code, ZenGo Referral Code, OKX Referral Code, Gate.io Referral Code, Bitrue Invite Code, BitForex Invitation Code, Bittrex Referral Code, Huobi Invitation Code, Phemex Invitation Code, Crypto.com Referral Code, Luno Promo Code, CoinEx Referral Code, and KuCoin Referral Code.
If you would like to read our Bybit Review, follow the link below!