About Bybit

Bybit's matching engine processes up to 100,000 transactions per second, and you can feel that speed in practice. Slippage on BTC perpetuals is minimal even during volatile market moves. Originally a derivatives-only platform when it launched in 2018, Bybit expanded into spot trading and now lists around 270 tokens. The copy trading feature stands out: over 50,000 master traders share strategies, and the filtering tools make it straightforward to find profitable ones with verified track records. Fees are flat at 0.1% for both maker and taker on spot, which is fair but not exceptional. Futures fees drop lower with volume tiers. Where Bybit struggles is geographic availability. US, UK, and several EU countries are blocked, which limits the user base. The earn products offer decent yields but lock periods tend to be rigid. Customer support via live chat worked well in our experience, with wait times under 5 minutes. For derivatives-focused traders outside restricted regions, Bybit is a top-tier option.