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Bybit Review

Editor's Choice

Fast, reliable exchange loved by beginners and pros

★★★★½4.8(8,200 reviews)
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Overall Rating

4.8/5 ★

Maker Fee

0.10%

Taker Fee

0.10%

Countries

7+

Quick Summary

Fast, reliable exchange loved by beginners and pros. Rated 4.8/5 with maker fee of 0.10%. Editor's top pick for most users.

Pros

  • Very beginner-friendly UI
  • Fast KYC verification
  • Competitive trading fees
  • Strong mobile app

Cons

  • Not available in US
  • Fewer fiat on-ramps than Binance

Who Is Bybit For?

Best for

  • Beginners — clean interface and fast KYC (often under 10 minutes)
  • Derivatives and copy-trading users
  • Users who value responsive 24/7 live-chat support

Look elsewhere if

  • US residents and UK retail derivatives users (restricted)
  • Users who need the absolute widest fiat on-ramp selection

Key Features

Simple buy flow
Earn up to 8% APY
Copy trading
24/7 support

How to Buy Bitcoin on Bybit — Step by Step

1

Go to Bybit

Click the 'Open Account' button to open Bybit in a new tab.

2

Create your account

Enter your email address and create a strong, unique password. Verify your email address via the confirmation link.

3

Enable 2FA security

Go to security settings and enable two-factor authentication using Google Authenticator. This protects your account from unauthorized access.

4

Complete KYC verification

Upload a government-issued photo ID (passport or driver's license). Verification usually takes 5–15 minutes. Some regions may require a selfie.

5

Deposit funds

Add money via bank transfer (cheapest), credit/debit card (fastest), or P2P. Bank transfers may take 1–3 business days.

6

Buy Bitcoin

Navigate to "Buy Crypto" → Select Bitcoin (BTC) → Enter your amount → Review the fee → Confirm. Bitcoin will appear in your account within seconds.

7

Secure your Bitcoin (recommended)

For holdings over $500, consider transferring to a hardware wallet like Ledger or Trezor for full self-custody.

Bybit Fees

Fee TypeRate
Spot Maker0.10%
Spot Taker0.10%
Credit/Debit Card Purchase~1–2% (card provider fee)
P2P Trading0%
Bank Transfer DepositFree (most regions)
Bitcoin WithdrawalDynamic network fee (BTC)

How Bybit's Fees Compare

ExchangeMakerTaker
Binance0.10%0.10%
Bybit (this review)0.10%0.10%
OKX0.08%0.10%
Bitget0.10%0.10%
Gate.io0.20%0.20%

Supported Countries

UKAUCASGDEFRBR

Recommended Exchange

Ready to buy Bitcoin on Bybit?

Maker: 0.10% · Taker: 0.10% · Rating: 4.8/5

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Frequently Asked Questions About Bybit

Yes, Bybit is considered one of the most beginner-friendly exchanges. It has a clean interface, fast KYC (usually under 10 minutes), a $300M+ insurance fund, and 24/7 live chat support.

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