Overview
Bybit was founded in 2018 and is known for derivatives and spot trading. In February 2025 it suffered a major hack of roughly $1.4B, but fully replenished its reserves within days. It operates in the EU under a MiCA licence.
Regulation & Availability
Products
Spot
Direct buying and selling of crypto
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Spot
Direct buying and selling of crypto
Trading crypto at market price without borrowed funds.
Futures
Leveraged derivatives
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Futures
Leveraged derivatives
Trading derivative contracts that track an asset's price, with the option to use borrowed funds.
P2P
Direct trading with other users
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P2P
Direct trading with other users
Buying and selling crypto directly from other users for fiat money, with the trade held in escrow.
Earn / Staking
Passive income from holding crypto
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Earn / Staking
Passive income from holding crypto
Staking and savings products — yield depends on the asset and lock-up period.
Card
Card for spending crypto
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Card
Card for spending crypto
A payment card for spending crypto at regular merchants — availability varies by region.
Launchpad
Early access to new tokens
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Launchpad
Early access to new tokens
A platform for taking part in new tokens' initial offerings before they list on the open market.
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