Bybit Review 2026
Best for derivatives traders and those who want copy trading, trading bots, and access to 500+ coins at low fees.
What is Bybit?
Bybit has rapidly grown from a derivatives-focused exchange to a full-service crypto platform since its 2018 launch. Now one of the top 3 exchanges by derivatives volume, Bybit offers spot trading, futures, options, copy trading, and more. Their copy trading feature lets beginners follow profitable traders automatically. With 500+ coins and fees matching Binance at 0.10%, Bybit is a strong contender — especially for those interested in leverage trading.
Bybit Pros and Cons
Pros
- Very low fees (0.10% maker/taker)
- Excellent derivatives platform
- Copy trading — follow top traders
- Fast execution and low latency
- Large coin selection (500+)
- Growing ecosystem (Web3, NFTs)
Cons
- Not available to US users
- Relatively younger exchange
- Complex for beginners (derivatives-focused)
- Less regulatory clarity than Coinbase/Kraken
Bybit at a Glance
| Founded | 2018 |
| CEO | Ben Zhou |
| Headquarters | Dubai, UAE |
| Cryptocurrencies | 500+ |
| Countries Served | 160+ |
| Maker Fee | 0.10% |
| Taker Fee | 0.10% |
| Deposit Methods | Bank transfer, Credit/debit card, P2P, Apple Pay, Google Pay, crypto |
| Minimum Deposit | $1 (crypto) |
| Security | Cold storage, 2FA, anti-phishing, withdrawal address whitelist, fund password |
| Mobile App | iOS & Android (4.5 stars) |
Bybit Features
Bybit offers a comprehensive set of trading and earning features:
Bybit Fees Explained
Bybit uses a maker-taker fee model:
- Maker fee: 0.10% — you pay this when placing limit orders that add liquidity to the order book
- Taker fee: 0.10% — you pay this when placing market orders that remove liquidity
Volume-based discounts are available for active traders, with fees decreasing as your 30-day trading volume increases.
For a side-by-side comparison, check our exchange comparison page or use the crypto calculator to estimate total costs.
Our Verdict: 4.3/5
Best for derivatives traders and those who want copy trading, trading bots, and access to 500+ coins at low fees. With a trust score of 8/10, 500+ supported cryptocurrencies, and fees starting at 0.10%, Bybit is a strong choice for crypto trading in 2026.