Review on Bybit by Saparov Meylis

Hello my friends!



Bybit Exchange is a cryptocurrency derivatives trading platform established in 2018.



The crypto exchange offers perpetual contracts with top cryptocurrencies on favorable terms (including leveraged trading) and provides fast execution speed, it is a popular peer-to-peer (P2P) Bitcoin and cryptocurrency futures exchange based in Singapore, the exchange is a centralized platform.



History



The Baybit crypto exchange was established in March 2018.



The founding team consists of professionals in the blockchain industry, forex and investment banking. Experts from Morgan Stanley, Tencent, Ping'an Bank and Nuoya Fortune are responsible for technological developments.



The company currently employs about 250 employees, and the staff is constantly expanding. The team is open to communication with users, is active in social networks and forums. СEO Bybit can be personally communicated on Twitter.



Who owns Bybit?



In 2018, Bybit was founded by Bybit owner and CEO Ben Zhou. Ben has experience in the Forex market as he successfully managed the Forex exchange for 8 years. Other members of the Bybit team have experience in places like Morgan Stanley, Tencent and other highly reputable companies.



Bybit has an impressive roster of co-founders and team members. This is likely one of the main reasons for the overwhelming success of the exchange.

Bybit is headquartered in Singapore with operational offices in Hong Kong. The exchange operates under the name Bybit Fintech Limited and is registered in the British Virgin Islands.



Account verification



A feature of the exchange is the lack of verification. You can trade on the platform immediately after registration, without going through the identity verification procedure and uploading documents. The absence of verification allows traders to remain anonymous and maintain privacy, since account verification involves the disclosure of personal information.



Security is a priority for Bybit. The exchange operates on the basis of the industry's best system of hierarchically determined offline wallets, which provides reliable storage of digital assets of users and the platform. 100% of client funds are stored in a multi-signature cold wallet



To access the security settings, you need to go to the user's personal account and, by clicking on the profile icon, select Account and security.