Do you need a solid platform to trade cryptocurrencies in 2025? If the answer is yes, then Bybit is what you want. In this article, we look at all the major components of Bybit, and share our first-hand experience with this exchange. So regardless of whether you’re new to crypto, or you’re an accomplished trader, the information provided here will give you a full picture of everything that Bybit has to offer.
The following Bybit review for 2025 is a comprehensive look at the Bybit exchange from a retail trader’s perspective. Do you want to stay ahead of the curve and know first what is happening in the crypto markets? Sign up for The Wealth Mastery’s crypto newsletter, and get token analyses, platform reviews, and detailed info on how Lark invests and his view on the market.
Next Level Reliability, Products & Opportunities
Founded in 2018 and headquartered in Dubai, Bybit is a prominent cryptocurrency exchange that serves a global user base of over 40 million clients.
At the time of this writing, CoinMarketCap ranks Bybit 2nd in both spot and derivatives trading. Bybit offers a deep menu of trading products, including spot, margin, options, futures, and perpetual contracts. Bybit also offers multiple additional products and services, including a Markets Center, several savings and financial products, and the ApeX Pro decentralized exchange.
Looking at Bybit in its entirety, it’s clear that the exchange is mostly tailored towards a global retail audience. Beginners benefit by using Bybit’s “One-Click Buy”, which is a feature that allows them to quickly purchase crypto with a Visa or Mastercard. And Bybit’s “Learn”, help center, and 24/7 customer support can also assist in the event of any snags. But intermediate and expert users will appreciate Bybit’s deep menu of trading products, order types, and custom trading options.
Bybit Review: Quick Glance
- Top 2 Crypto Exchange by CoinMarketCap
- +40M Global Users
- Spot 24h Trading Vol.: $13B
- Derivatives 24h Trading Vol.: $92B
What we like:
- Huge selection of trading products, order types, and additional features
- Very competitive fees
- Solid security
- 24/7 customer support
What we don’t like:
- Not available in multiple countries
- Fiat deposits and withdrawals can be limited, depending on the currency and country
- Some aesthetics are “gamified”, and not consistent with the sophistication of the products
| Security | – PCI-DSS Service Provider Level 1 Certification – Many features to protect from 3rd party theft |
| Ease of Access, Control, & Use | – “One-Click Buy” crypto with Visa or MC – Direct fiat deposit and withdraw is limited |
| Fees | – Competitive – Free crypto deposits and withdrawals |
| Trading Products, Orders, & Tools | – A very deep menu |
| Additional Features | – Markets, multiple savings products, Apex Pro |
| Supported Cryptos | – 600+ |
| Aesthetic Experience | – Some imagery looks “gamified” – High-quality trading desk and charts |
What’s Changed Since our 2023 Review?
We last reviewed Bybit in 2023. So before we get into the nuts and bolts of where Bybit currently stands, let’s first discuss how the exchange has evolved over the last two years.
The most important fact to note – and something that validates our reviews – is that Bybit has steadily climbed the CoinMarketCap ranks. In…
David learned about bitcoin in 2015 and has closely followed the crypto industry since then.
His professional interests center around bitcoin, layer-one blockchain protocols, decentralized finance, and clean energy.
An attorney by trade, David has held licenses to practice law in the State of Hawaii and in US federal courts.
