ByBit
Bybit: Updated Review 2026
Honest Crypto Exchange Review
Bybit is a global cryptocurrency exchange operating under the bybit.com domain. The platform provides access to spot and derivatives trading, P2P exchange, staking, and investment products. The exchange is widely known among traders for its competitive fees, high liquidity, and advanced trading tools.
The company was founded in 2018. Bybit’s main operational hub is located in the UAE, while the exchange serves users in dozens of countries worldwide. Bybit Ukraine is available to users with Ukrainian documents, although the company does not maintain a dedicated office in Ukraine. Its regulatory status under the MiCA framework is still evolving, which means that operating conditions within the EU may change over time.
Key Company Information
| Countries | UAE, Europe, Ukraine, Asia, Global |
|---|---|
| Website | bybit.com |
| Not publicly available (online support only) | |
| Rating (Google / Other Platforms) | Average / Mixed |
| Social Media | Twitter (X), Telegram, YouTube, LinkedIn |
| Management | CEO – Ben Zhou |
| Founded | 2018 |
| KYC Verification | Required |
| Trading Without KYC | No public information available |
| MiCA License | Partial presence through European jurisdictions |
Main Company Parameters
- Name: Bybit
- Company Type: Cryptocurrency Exchange
- Years on the Market: More than 7 years
- Main Services and Features:
- Spot cryptocurrency trading
- Futures and derivatives trading
- P2P exchange platform
- Staking and Earn products
- Copy trading and trading bots
Company Services
- Spot Trading
Buy and sell cryptocurrencies with a standard trading fee of approximately 0.1%. - Bybit P2P
Exchange cryptocurrencies directly with other users using local payment methods. - Futures and Derivatives
Leveraged trading for experienced traders. - Earn and Staking
Generate passive income from digital assets. - Copy Trading
Automatically replicate the trades of professional traders.
Interesting Facts About the Company
- Bybit is among the leading exchanges by derivatives trading volume.
- Spot trading fees can be reduced through the VIP program.
- The P2P marketplace is popular among users from Ukraine.
- The exchange continues to expand its Web3 ecosystem.
Advantages and Disadvantages
Advantages
- Wide selection of trading instruments
- Competitive trading fees
- Well-developed P2P marketplace
- High liquidity
Disadvantages
- No physical office in Ukraine
- Mixed regulatory status within the EU
- Conflicting user reviews about Bybit
Customer Reviews
Bybit reviews generally indicate a positive experience among active traders, although some users criticize customer support responsiveness and identity verification procedures.
Positive Reviews
“A convenient exchange with low fees and a solid set of trading features.”
Negative Reviews
“Sometimes it takes too long to receive a response from customer support.”
Fees
| Spot Trading (Maker / Taker) | ≈ 0.1% / 0.1% |
|---|---|
| Futures | ≈ 0.02% / 0.055% |
| P2P Trading | Depends on the offer |
Frequently Asked Questions (FAQ)
- Can I use Bybit in Ukraine?
- Yes, Bybit Ukraine is available after completing the KYC verification process.
- What is the spot trading fee?
- The standard spot trading fee is approximately 0.1%.
- Does Bybit offer P2P trading?
- Yes, Bybit provides a fully functional P2P marketplace.
- Who founded Bybit?
- Ben Zhou is the CEO and co-founder of the exchange.
- Is Bybit a scam?
- No, Bybit is a legitimate international cryptocurrency exchange. However, users should always consider the risks associated with cryptocurrency trading and investing.
Comparison with Competitors
| Company | Jurisdiction / Market | Experience (Years) | Spot Trading Fee | Rating | Specialization / Key Feature |
|---|---|---|---|---|---|
| Binance | Global | ≈ 8 | 0.10% / 0.10% | CoinGecko: 10/10 | Maximum liquidity, large ecosystem, UAH P2P support |
| OKX | Global | ≈ 10 | ≈ 0.08% / 0.10% | CoinGecko: 10/10 | Low maker fees, derivatives trading, UAH P2P support |
| WhiteBIT | Europe / Ukraine | ≈ 7 | 0.10% / 0.10% | CoinGecko: 8/10 | Focused on the Ukrainian market, UAH support |
| Bybit | Global (UAE, EU) | ≈ 7 | 0.10% / 0.10–0.15% | CoinGecko: 10/10 | Derivatives trading, copy trading, advanced Bybit P2P marketplace |
Conclusion: Is Bybit Worth Using in 2026?
Bybit is a powerful cryptocurrency exchange offering a broad range of features, competitive fees, and an active P2P ecosystem. Search queries such as Bybit, Bybit exchange, and Bybit reviews demonstrate its popularity among Ukrainian users.
The platform is well suited for active traders and users looking for advanced trading tools and investment opportunities. Those who prioritize maximum regulatory clarity within the European Union may also want to consider alternative exchanges.
*Fees and trading conditions may change over time. Always verify the latest information on the company’s official website. We strive to keep the information on this page as accurate and up to date as possible.