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Home»Crypto Exchange»How to Use Bybit Exchange (Beginner's Guide 2025)
Crypto Exchange

How to Use Bybit Exchange (Beginner's Guide 2025)

George BitsounisBy George BitsounisNovember 30, 2022Updated:February 23, 2025No comments7 Mins Read
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How to use the bybiy exchange - How to register on the Bybit exchange
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If you want to register directly at Bybit exchange you can from here.

A lot of people ask me how to use the Bybit exchange but I'm having trouble.

In today's guide, I will show you step by step what the Bybit exchange is and how to register.

Let's go straight to the guide.

Table of Contents

  • What is Bybit Exchange?
  • How to Register on Bybit
  • How to Make a Deposit at the Exchange
  • How to Deposit Cryptocurrencies on Bybit?
  • How to Buy Cryptocurrencies on Bybit
  • How to do Future Trading
  • Copy Trading on Bybit

What is Bybit Exchange?

The ByBit exchange is a well-known and trusted exchange with over 10 million users and is the third largest cryptocurrency exchange in trading volume at the moment I am writing the guide for Bybit.

Bybit's platform allows you to:

  • Buy and sell popular Crypto (like Bitcoin & Ethereum) and several emerging Cryptocurrencies with over 150 cryptocurrencies in Future account and over 400 in spot.
  • To do Crypto trading with leverage up to x100 on Bitcoin, Ethereum, Solana and 150 other cryptocurrencies with very low commissions.
  • Earn passive income from Crypto in various ways like Staking & Crypto Lending and but.
  • You can earn passive income from traders who copy trade on the exchange.
  • Bybit card where you can make purchases or withdraw Fiat from ATMs.
Website: www.bybit.comFiat: Yes
Location: Singapore Leverage: Up to 100x
Mobile App: YesPayment Methods: Visa/Mastercard, Bank Transfer, Google Pay, Apple Pay
Fees: Spot Trading: 0% Derivatives trading: 0.01% for makers, 0.06% for takersrcrypto: BTC, ETH, USDT, LTC, EOS & 220+ more

Now let me show you how to register on the Bybit exchange.

How to Register on Bybit

Registering with Bybit and opening an account is a very easy process.

All you need is one email or a mobile phone number and a security code.

In the category Referral Code he will have your number 43536, this way you get a discount on exchange fees and a deposit bonus for trading.

Create an account on the Bybit exchange
Create an account on the Bybit exchange

After you have successfully completed your registration on Bybit, you will need to make a account certification.

Can you do it once? an identity card or a driver's license and within 10 minutes the account is ready.

KYC BYBIT
How to do KYC on Bybit

Next, to buy your first cryptocurrencies on the Bybit exchange you will need to: you make a deposit.

Let me show you how to do it.

How to Make a Deposit at the Exchange

After you have successfully completed the certification (KYC), the next step is to go to Buy Crypto category.

There you will choose the your local currency and you will put the cryptocurrency you want to buy

You will choose the payment method for example Bank Card and you will press the Add Card button.

and you will enter the details from your card that you want to convert the EUR to the cryptocurrency that you want and once you are ready you will press the Cointinue button

and the purchase will be made within a few seconds and the cryptocurrencies purchased will be in the Bybit wallet.

Now let's show you how to deposit cryptocurrencies on the Bybit exchange.

How to Deposit Cryptocurrencies on Bybit?

To make a cryptocurrency deposit on the Bybit exchange, you will go to Deposit category.

You will then select the token you want to deposit Solana USDT and many other tokens to choose from.

You will choose the Chain that you want, and you will press the button to display the solana address but also the QR to make a statement.

Solana deposit on Bybit exchange
Solana deposit on Bybit exchange

How to Buy Cryptocurrencies on Bybit

The spot category that the exchange has byte it is so that you can buy Cryptocurrencies with over 300 options.

The first thing you need to do is send money as shown above and then click on the category Shop and after Trading Spots

You will then type in the coins you want to exchange with USDT for example I will do the USDT that I have ETH.

Bybit Bitcoin

Once you have found the cryptocurrency you want to buy, you will go and place an order. market (to buy directly) h limit (to buy at a better price) I will put market.

I select all the money to be eth and click buy ETHIf you want to sell the ETH you bought you will flights the sell button and you put the ETH that you want to sell.

And that was it, you bought ethereum.

Let me now show you how to do Futures trading on the Bybit exchange.

How to do Future Trading

To do Future trading It's a pretty difficult process, but if you follow a strategy and know what you're doing, the odds are on your side.

First, see where you can do futures trading. You will click on the category Derivatives and then on USDT Perpetual.

Below I have a detailed video on Youtube in Greek on how to do Future trading on the Bybit exchange.

It will then take you to the future trading home page and you will need to set some settings.

The first thing you need to make is isolated and that cross .

Isolated is a safety valve For example, if we risk $50, we will lose $50. The cross, if you risk $50, also draws from the balance that your account may have.

After selecting isolated, you will need to set the leverage you want.

Leverage is a process where bybit can lend you money, but if you lose, you lose the money you put in.

For example, if you have $50 in your account, if you use x3 leverage, you multiply $50 x3 times.

Then you will select the open category and the market option to bet directly on the trade.

In order by cost we put the money we want and press long if we think the market will go up and shorts if we believe whether the market will fall .

As soon as your trade is opened it will appear like this below. we took a trade without a stop loss, for you to place stop loss and take profit you press on the circled point and you put the stop loss where you want

Copy Trading on Bybit

What is Bybit?

ByBit is a well known and trusted exchange with over 10 million users and is the third largest cryptocurrency exchange in trading volume at the moment you are writing the article.

Her platform Bybit enables you to:

Buy and sell popular Crypto (like Bitcoin & Ethereum) and several emerging Cryptocurrencies with over 100 coins in Future account and over 300 in spot.

Do Crypto Trading with leverage x100 in pairs
BTC / USD and ETH / USD with almost zero fees.

Earn passive income from Crypto in various ways like Staking & Crypto Lending.

How to Register from Greece?

Bybit is available to users residing in Greece.
You can open one Free Account here ▶

LIABILITY DISCLAIMER:

Cryptocurrency trading is VERY risky. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money.

Affiliate Disclaimer:
The above links to the services mentioned may be affiliate links. If you use the service through them then you help the BitsounisProject to continue to exist, at no extra cost to you.

Follow it Bitsounisproject.com on Google News  to be the first to learn the latest news about Cryptocurrencies

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My name is Giorgos Bitsounis and I have been dealing with crypto since 2014 and after several years in 2019 I decided to start this website and YouTube channel with the aim of helping as many people as possible to get started in Cryptocurrencies.

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