Bybit Review, Is it Safe? Rewards and Bonuses
Table of Contents
1. What is Bybit?
2. Reasons to Trade in Bybit?
3. Bybit Promotions Rewards Hub
4. How to Buy Crypto with Credit Card at Bybit?
5. Trade Spot with Zero Maker Fees
6. Is Bybit Safe?
What is Bybit?
Reasons to Trade in Bybit Exchange?
Bybit proved to be the best place to trade in for many reasons. My best and main reason to trade in Bybit is Dual-Price Mechanism.
Bybit deploys this technique to prevent traders from unfair liquidation which is every trader's nightmare and protect traders from market manipulation. Dual Price Mechanism consists of Mark Price and Last Traded Price.
In summary, with the Dual-Price Mechanism, it minimizes the price discrepancy and ensures a fairer trading environment, as well as protecting traders from malicious liquidation.
Bybit Promotions Rewards Hubs
Bybit has multiple bonuses and coupons to attract new customers. It has bonuses for new and current users. You can redeem your bonuses and coupons by doing simple tasks, for example : Actively trade for 7 accumulative days, Use Take profit/Loss feature at least once and Deposit for the first time.
Buy Crypto With Credit Card Instantly at Bybit
Bybit works with well-trusted fiat -to-crypto gateway solution partners, such as Banxa , Moonpay , Simplex and Mercury
How to Buy Crypto with Credit Card at Bybit?
Step one: Click on Buy Crypto at the top as shown on the picture below.
Step two: Select the Crypto you would like to purchase and enter the amount or quantity, then choose your fiat gateway that suits you and click Buy .
Step three: At this stage, you will leave Bybit website and go to the fiat gateway website you chose. Your crypto will arrive in your account after your payment successfully completed. As an example, I choose MoonPay Gateway.