Bybit Review

Not yet editorially reviewed — factual data below is sourced; scores pending.

Scorecard

Scores are entered by our editors after a hands-on review — never auto-generated. This exchange hasn't been scored yet.

Fees
Security
Usability
Asset Range
Support

Key Facts

Founded2018[src]
HeadquartersDubai, United Arab Emirates (relocated from Singapore in 2022)[src]
Listed assets~425[src]
KYCRequired — Identity Verification of at least Standard level is mandatory for all Bybit products and services; three levels (Standard, Advanced, Pro).[src]
Payment methods

Fees

Spot maker (base tier)

0.1%

Spot taker (base tier)

0.1%

Flat 0.1% maker and taker on spot for non-VIP users; Adventure Zone pairs are 0.2%. VIP tiers lower rates with volume.

Full fee schedule (retrieved 2026-08-10)

Availability

Serves most global markets but excludes a list of jurisdictions in its Service Agreement (Section 11.3).[src]

Notably unavailable: United States, Canada, Mainland China, Hong Kong, Singapore, Iran, North Korea, Cuba, Syria, Sudan, Uzbekistan, Russian-controlled regions of Ukraine

Security Incident History

  1. 2025-02 — ~$1,500,000,000[src]

    On Feb 21, 2025, attackers linked to North Korea's Lazarus Group stole ~$1.5B in Ethereum from a Bybit cold wallet by compromising a third-party multisig signing interface (Safe UI) — the largest crypto exploit on record.

    Resolution: Bybit publicly acknowledged the incident with a timeline and launched a Recovery Bounty Program offering 10% of recovered funds.

Licenses & Registrations

  • Virtual Asset Platform Operator License (Securities and Commodities Authority)United Arab Emirates[src]
  • Provisional (non-operational) VASP approval from VARADubai, UAE[src]

API & Bot Trading

Unified V5 API covering Spot, Derivatives (USDT/USDC perpetuals and futures, inverse) and Options under one specification, with unified-account margin; REST plus WebSocket via SDKs.[src]