Bybit is a global cryptocurrency derivatives trading platform headquartered in Singapore. The founding team consists of top blockchain investors and financial executives. Bybit is a cryptocurrency derivatives trading platform founded in March 2018, registered in BVI and headquartered in Singapore. Users cover multiple countries and regions, including North America, Europe, Russia, Japan, Korea, and Southeast Asia, focusing on serving individual and professional derivatives traders.
Bybit platform emphasizes the fairness and transparency of trading from the product design level, and users can intelligently set take-profit and stop-loss strategies when placing orders. The platform also provides sufficient market depth and liquidity. We constantly listen, focus, and strive to create a fair, transparent, and efficient trading ecosystem. Currently, the platform has launched trading products such as BTC/USD, ETH/USD, EOS/USD, and XRP/USD perpetual contracts.
The founding team of Bybit consists of top blockchain investors and traditional financial executives. The core members of the R&D team come from Morgan Stanley, Tencent, Ping An Bank, and Noah Wealth.
Why Choose Bybit
Truly Fair and Transparent
We are committed to preventing possible malicious market manipulation from the bottom layer of product architecture and using technical means to guarantee a fair and transparent trading environment for users from the source. Traditional futures products often choose to use the "on-exchange traded price" as the "mark price" to calculate unrealized profit and loss and decide whether to trigger liquidation. However, for a single futures product on a single exchange, the on-exchange traded price is easily manipulated, thus "pinning" often occurs, leading to malicious liquidation of users.
Bybits "mark price" is selected based on the real-time traded prices of Bitstamp, Coinbase Pro, Kraken, Gemini, and Bittrex, with weights assigned according to the monthly trading volume of each exchange, and then weighted calculations are made to determine whether to trigger user positions. Therefore, even if the on-exchange price deviates greatly from the mainstream spot price, the user theoretically has already been liquidated. However, if the mark price calculation shows that the user has not triggered liquidation, the user can still hold the position, fundamentally eliminating the behavior of manipulating the on-exchange price and triggering malicious liquidation.
Industry-Leading Capital Security System
The platform has built its own industry-leading multi-tier deterministic cold wallet system. All user-allocated deposit addresses are cold wallet addresses, and funds are collected and withdrawn through offline signature. Withdrawal review includes all on-chain deposit records, trading records, personal account balance, and platform account balance, ensuring the security of user and platform funds at all levels and in every step.
Market Depth No. 1 in China
According to the latest statistics in 2019, the average depth of the top three price levels of Bybit has reached millions of US dollars, far exceeding the average market depth of millions and tens of millions in the Chinese market.
Intelligent Order System
Supports direct setting of take-profit/stop-loss and trailing stop-loss upon entry, no need to monitor the market all the time.
Corporate Mission
Bybit is committed to leading and building a sound cryptocurrency trading ecosystem, creating a fairer, more efficient, and more human-centric trading platform, providing traders with a better trading experience, meeting the actual needs of traders, and promoting the development of the cryptocurrency trading market.
Bybit Exchange Advantages
100x Leverage BTCÐ Perpetual Contracts
Diversified derivatives, flexible adjustable leverage, meet the diverse needs of traders.
Dual Price Mechanism
On-exchange prices are always anchored to real market prices, without significant deviation, ensuring trading fairness and preventing market manipulation.
24*7 Multilingual Online Customer Service
24/7 online and email customer service is available at your fingertips, providing fast and professional solutions.
Ultra-Strong Matching Engine & High Liquidity
Self-developed engine can match 100,000 single contracts per second. Rest API/WebStocket/FIX meets institutional needs, high-speed order placement in major market conditions, and sufficient market liquidity.
Other Professional Dimensions:
Combined with top industry security testing institutions
In-depth cooperation with SlowMist Technology to ensure the systemic security of the trading platform
Multi-Signature System
Cold and hot wallets are isolated, multi-factor authentication for coin withdrawal, ensuring fund security.
Insurance Fund + Automatic Liquidation Mechanism
Refuse socialized stop-loss, protect the interests of traders.
Intelligent Trading System
One-click take-profit and stop-loss upon entry, trailing stop-loss upon exit, no need to monitor the market all the time.
Rich Order Types, Multiple Execution Strategies
Limit Order | Market Order | Conditional Order | GTC | FOK | IOC | Take Profit | Stop Loss | Trailing Stop Loss
Bybit is committed to combining traditional financial experience with the characteristics of cryptocurrencies to create a safer, more professional, and better user experience trading platform in the industry.
