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Turkey, Istanbul
1 Level
16 Review
10 Karma

Review on Bybit by Diana Lucky

Revainrating 4 out of 5

Bybit - an analogue of Bitcoin?

The design of the site, the same colors, popular coins - all this is very reminiscent of the well-known Bitcoin exchange. It would seem - they copied, stole the idea and colors? Perhaps so, but still the difference is visible and you can safely distinguish between these two projects in terms of functionality and fullness. We will talk about another cryptocurrency exchange - Bybit. This is a fairly popular exchange, which is used in 49 countries (even the layout of the site is presented in a large number of languages). Fast exchange process and low fees - that's what attracts a large number of users to earn money here. The site is also enriched with additional features that are simple and clear - you can always get help and tips on the exchange from traders who will teach and share their own experience in crypto trading.

Registration is simple - you just need to confirm the code through a letter in the mail. There is also an anonymity option when trading on this exchange - you do not have to go through verification and confirm your identity, disclose your data. The commander works for the benefit of everyone and does everything at the highest possible level. This is proved by the high-quality user support service, you will be answered 24/7 on any questions. In addition, the guys are always on the alert for the security of the site, so that there are no attempts from hackers and all sorts of phishing attacks. There are many security options here, such as code verification from a mobile number or by SMS, email confirmation, Google approval and others. Therefore, your funds are in a safe place, time-tested.

What is a frank minus for me is the presence of a small number of cryptocurrencies and, accordingly, a small number of trading pairs. There is room to grow and develop, although, in general, this is a great platform for making money.

Pros
  • Quick and easy
  • Low fees
  • Safe and reliable operation
  • Operational user support
  • Help from traders, great site functionality
  • There is an anonymity option
  • High level of liquidity
Cons
  • Few coins and, accordingly, trading pairs
  • No spot trading