Bybit Review 2026 — Asia's #2 Exchange for Derivatives & Spot

4.7/ 5

9 800 user reviews

Visit Bybit

Up to $30,000 welcome bonus for new users

Affiliate link

Quick Answer

Bybit is the world's #2 crypto exchange by derivatives volume, headquartered in Dubai with a strong Asia focus. It's the top choice for Asian traders who want derivatives (perpetual futures, options) alongside spot trading. Fees: 0.1% spot, 0.01% maker futures. Up to $30,000 welcome bonus. NOT FSA licensed in Japan.

Trading Fee

0.1% spot / 0.01% maker futures

KYC

Required

Regulated

Yes

Asia Score

9/10

Visit Bybit

Up to $30,000 welcome bonus for new users

What is Bybit?

Bybit was founded in 2018 and is headquartered in Dubai, UAE. It has grown to become one of the world's largest crypto derivatives exchanges, with particularly strong adoption across Southeast Asia and the Middle East. Bybit serves 20+ million users globally.

Bybit Features

  • Spot trading: 400+ trading pairs with competitive fees
  • Perpetual futures: Up to 100x leverage on BTC/ETH
  • Copy trading: Copy top traders automatically
  • Bybit Earn: Flexible and fixed term savings
  • P2P trading: Local currency support across Asia
  • Options trading: BTC and ETH options

Bybit Asia Availability

Bybit is available in most Asian countries: Singapore, Thailand, Vietnam, Indonesia, Malaysia, Philippines, India, Taiwan, Hong Kong, South Korea. NOT available/not recommended for Japan (no FSA licensing).

Visit Bybit

Up to $30,000 welcome bonus for new users

Affiliate link

Bybit Pros & Cons

✓ Pros

  • 強いアジアプレゼンス
  • 優れたデリバティブ

✗ Cons

  • 日本FSA未認可
  • 法定通貨オプションが少ない
Visit Bybit

Up to $30,000 welcome bonus for new users

Affiliate link

How to Get Started with Bybit

  1. 1

    Sign up

    Register via referral link for the welcome bonus. Email verification required.

  2. 2

    Complete KYC

    Upload passport or national ID for full account access. Basic verification allows limited trading.

  3. 3

    Claim bonus

    Complete the welcome tasks to claim your registration bonus (deposit, trade requirements).

  4. 4

    Deposit

    Transfer crypto or use Bybit P2P to buy with local Asian currency.

  5. 5

    Start trading

    Choose spot or derivatives. Start with spot trading if you're new to crypto.

Bybit User Reviews

★★★★★

Bybit is my go-to platform for trading. Fast, reliable, and great fees.

2025-12-10

★★★★

Been using Bybit for 2 years. Overall satisfied, good security.

2025-11-22

★★★★★

Best exchange for Asian traders. Excellent customer support and low fees.

2026-01-05

Bybit FAQ

Is Bybit safe?

Bybit has operated since 2018 with no major security incidents. It uses multi-signature cold wallets, 2FA, and regular security audits. The $30,000 insurance fund provides additional protection.

What is Bybit leverage limit?

Bybit offers up to 100x leverage on BTC/USDT perpetuals. For retail users, lower leverage (10x-20x) is recommended. High leverage significantly increases liquidation risk.

Can I use Bybit in Singapore?

Yes — Bybit is popular in Singapore and accepts Singaporean users. Crypto.com (MAS licensed) is the regulated alternative, but Bybit is widely used.

Does Bybit have a copy trading feature?

Yes — Bybit's copy trading allows you to automatically mirror the trades of successful traders. You select a "master trader" and set a copy amount.

What is the Bybit welcome bonus?

New Bybit users can receive up to $30,000 in rewards through the welcome bonus program when signing up via a referral link and completing trading tasks.

Bybit vs Alternatives

Bybit logo

Bybit

🌏 ASIA TOP
#1
Rating
4.7
Trading Fee

0.1% spot / 0.01% maker futures

KYC

Required

Asia Score

9/10

Up to $30,000 welcome bonus for new users

Binance logo

Binance

🏆 TOP PICK
#2
Rating
4.8
Trading Fee

0.1% (0.075% with BNB)

KYC

Required

Asia Score

10/10

紹介リンクで永久20%手数料割引

KuCoin logo

KuCoin

🌏 ASIA TOP
#3
Rating
4.6
Trading Fee

0.1%

KYC

Required

Asia Score

9/10

Bonus on first deposit for new users

Kraken logo

Kraken

🛡 BEST SECURITY
#4
Rating
4.7
Trading Fee

0.16%–0.26% maker/taker

KYC

Required

Asia Score

7/10

Trade with confidence — trusted since 2011

Ready to Use Bybit?

Up to $30,000 welcome bonus for new users

Start with Bybit →

Up to $30,000 welcome bonus for new users

Affiliate link

Affiliate link — we earn a commission at no extra cost to you.