Bybit Tutorial | Bybit Tutorial For Beginners | Bybit Review

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Bybit Tutorial | Bybit Tutorial For Beginners | Bybit Review

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Welcome to our Bybit Tutorial Video!

Bybit is an emerging Peer to Peer (P2P) cryptocurrency derivatives exchange that is looking to establish itself in the growing crypto margin/leverage trading sector. Despite only being founded in March 2018, Bybit is proving to be popular with the cryptocurrency trading community and is onboarding customers at an impressive rate.

The exchange allows traders around the world to engage in leveraged margin trading in a select range of crypto products, and digital assets such as BTC, ETH, EOS, and XRP can be traded using up to 100x leverage.

Bybit also incorporates cutting edge tech, solid security protocols, and a dedicated customer support service that is aimed at helping the exchange rival the market’s leading derivatives trading service providers.

Who is Behind ByBit?

Bybit was founded in March 2018 by Ben Zhou, and he previously established himself in the world of Fintech by working as XM’s China District General Manager for seven years.

XM is a leading provider of brokering services and Bybit’s core team come from investment banking, and the Forex industry, as well as being early blockchain adopters.

The exchange is registered in the British Virgin Islands, and has its headquarters in Singapore alongside supplementary offices in Hong Kong and Taiwan.

While Bybit goes by the official company name of Bybit Fintech Limited its registration number and incorporation details are not currently publically available, however, the team maintain a central address at 6 Shenton Way, #12-11/11A, Singapore, Singapore 068809, SG.

The team also provide the details of their publicly available LinkedIn page and in addition to Ben Zhou prominent members include Latica Qiu who also has experience of working for XM, while the tech team includes individuals with experience of working at leading companies such as Morgan Stanley, Tencent, Ping’an Bank, and Nuoya Fortune.

key features include:

1 Click Coin Swaps – Users can easily swap between supported cryptocurrencies from within their accounts
100,000 TPS per contract – Which is 10x the industry average and results in no overloads
Up to 100x leverage – Bybit’s generous leverage system allows for increased profit potential
Cold Wallet Storage/Manual Withdrawals – Bybit employs cold storage and conducts three daily manual withdrawals to strengthen security
Unlimited Withdrawals – Users of the platform are allowed to make virtually unlimited trades and withdrawals
No KYC– Accounts can be opened and maintained with just an email address and username

I hope you found value in our Bybit Tutorial video. Make sure to leave a like on the video if you gained value from it!

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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

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⏰TimeStamps⏰

0:00 introduction
0:16- Bybit Website Explained
6:08- Twitter
6:39- Recap
Category
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