Bybit
Crypto · Exchanges
Popular derivatives-first exchange with deep perpetual-futures markets.
Overview
Bybit is a derivatives-first cryptocurrency exchange popular with active traders for its deep perpetual-futures markets, fast matching engine and trader-focused interface. It has since broadened into spot trading, earn products and a wider ecosystem.
Its core appeal is leverage and liquidity for futures. As with any derivatives platform, leverage sharply magnifies both gains and the risk of liquidation, so Bybit suits traders who already understand those risks rather than complete beginners.
Best for
- Trading crypto perpetual and futures contracts
- Deep derivatives liquidity and fast execution
- Active traders who want advanced order types
- Spot trading and earn products alongside derivatives
Key facts
- Category: Crypto
- Group: Exchanges
- Website: bybit.com
- Listed on: Market Hub
Frequently asked questions
Is Bybit good for beginners?
Bybit is primarily a derivatives exchange, and leveraged trading is risky for newcomers. Beginners are usually better off starting with simple spot purchases before considering futures.
What is a perpetual contract?
A perpetual is a futures contract with no expiry date, letting you hold a leveraged long or short position indefinitely while paying or receiving periodic funding. Liquidation risk rises with leverage.
Does Bybit offer spot trading?
Yes. Although best known for derivatives, Bybit also supports spot markets, staking and earn products.