Bybit Review

Bybit review: spot, futures and options on bybit.com, spot trading under a MiCA license on bybit.eu, new EU fees since 5 Oct 2026 and the February 2025 hack. Our report with ratings across 7 categories.

Large crypto exchange with spot, futures and options

Bybit at a glance

On bybit.com, Bybit combines spot, futures, options and a web3 wallet in one account; in the EU, Bybit EU has offered spot trading under a MiCA license since 2025.

Who is Bybit for?

Bybit suits traders who want spot, futures and options on one platform; that applies to bybit.com. As an EU customer you use bybit.eu: it offers spot and spot margin with SEPA or card deposits, but no futures or options. Its spot fee has been 0.25% at the base tier since 5 Oct 2026.

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Key facts at a glance

Bybit reports more than 80 million registered users (as of January 2026). bybit.com offers spot and futures trading, options, copy trading, a web3 wallet, launchpad and earn products. Since 2025, EU customers have been served by Bybit EU (bybit.eu) under a MiCA license from Austria's FMA; it offers spot and spot-margin trading, but no futures or options. Since 5 Oct 2026, spot on bybit.eu has cost 0.25% at the base tier. On 21 February 2025 one of Bybit's Ethereum cold wallets was hacked; Bybit puts the loss at about USD 1.46 billion.

  • Founded: 2018
  • Headquarters: Dubai, UAE
  • Users: 80M+
  • Coins: 390+
  • Regulation: EU: MiCA (FMA Austria), UAE: SCA license
  • Min. deposit: None

Overall score

8.2/10 – Very good

  • Security (21%): 7.0/10
  • Usability (20%): 8.5/10
  • Features (12.5%): 8.0/10
  • Support (12.5%): 8.0/10
  • Fees (13%): 8.5/10
  • Payment methods (11%): 8.5/10
  • Offering (10%): 9.5/10

Percentage = weight in the overall score. Ratings from 1 to 10.

Detailed review

Seven categories, each with a score, verdict, and the most important checks.

Security: 7.0/10

On 21 February 2025 attackers took control of one of Bybit's Ethereum cold wallets; Bybit puts the loss at about USD 1.46 billion. The FBI attributed the attack to North Korea. Bybit says it covered the loss and kept client assets backed 1:1. We deduct points for the incident. In the EU, Bybit has held a MiCA license from Austria's FMA since May 2025; proof-of-reserves are published.

  • Hack on 21 Feb 2025: one ETH cold wallet, about USD 1.46bn lost (per Bybit; FBI: about USD 1.5bn, North Korea)
  • Bybit says it covered the loss from own funds; client assets backed 1:1
  • EU: MiCA license from Austria's FMA (Bybit EU GmbH, since 28 May 2025)
  • Proof-of-reserves are published
  • Two-factor authentication and anti-phishing code

Usability: 8.5/10

Bybit offers a professional yet accessible interface. The Unified Trading Account combines the available products in one account: spot and futures on bybit.com, spot and spot margin on bybit.eu.

  • Professional trading interface (web & app)
  • Unified Trading Account (all available products in one account)
  • Mobile app for iOS and Android
  • Spot grid and DCA bots also on bybit.eu
  • Bybit Learn Academy for beginners

Features: 8.0/10

bybit.com offers copy trading, leveraged futures, options, a web3 wallet, launchpad, earn products and trading bots. EU customers use bybit.eu: it offers spot, spot margin and spot bots, but no futures or options. We deduct points for that. According to its CEO, Bybit has applied for a MiFID license for derivatives in the EU (as of 10 Sep 2026).

  • bybit.eu (EU customers): spot, spot margin, spot grid and DCA bots, no futures or options
  • bybit.com: leveraged futures, the cap depends on contract and position size
  • bybit.com: options and copy trading
  • Bybit web3 wallet (multi-chain)
  • Bybit Launchpad & Launchpool
  • Earn products: staking, savings

Support: 8.0/10

Bybit offers live chat, email tickets and a multilingual help center.

  • Live chat
  • Email support with ticket system
  • Help center in multiple languages
  • Community on Telegram, Discord and X
  • Bybit Academy with tutorials

Fees: 8.5/10

On bybit.com, base-tier users pay 0.10% for spot and 0.02% / 0.055% (maker/taker) for futures. Since 5 Oct 2026, bybit.eu has charged a single rate for spot and spot margin: 0.25% at the base tier, falling to 0.15% with more volume.

  • bybit.com spot: 0.10% maker / 0.10% taker (crypto pairs)
  • bybit.eu spot and spot margin: 0.25% (VIP 0, since 5 Oct 2026)
  • bybit.com futures: 0.02% maker / 0.055% taker
  • bybit.com options: 0.02% maker / 0.03% taker
  • VIP tiers with progressive discounts
  • No Bybit fee for fiat deposits on bybit.eu (incl. SEPA)

Payment methods: 8.5/10

On bybit.eu you can deposit via SEPA bank transfer, Visa, Mastercard, Apple Pay and Google Pay; P2P is available too. Bybit EU charges no fee for fiat deposits, though your bank or payment provider may. Availability depends on your country.

  • SEPA bank transfer (no fee from Bybit EU)
  • Visa and Mastercard (no corporate cards)
  • Apple Pay and Google Pay
  • P2P marketplace with local payment methods
  • Crypto deposit from external wallets

Offering: 9.5/10

CoinGecko lists about 390 coins and 520 spot pairs for bybit.com, and 107 coins and 127 pairs for bybit.eu (as of 17 Oct 2026). Futures and options are only available on bybit.com.

  • bybit.com: about 390 coins in spot trading (CoinGecko, 17 Oct 2026)
  • bybit.eu: 107 coins (CoinGecko, 17 Oct 2026)
  • bybit.com: options on BTC, ETH, SOL, XRP and DOGE, among others
  • Early listings via Launchpad and Launchpool

Pros

  • Spot, futures and options in one account (bybit.com)
  • About 390 coins on bybit.com (CoinGecko, 17 Oct 2026)
  • EU license under MiCA (FMA Austria)
  • Deposits via SEPA, card, Apple Pay and Google Pay
  • Integrated web3 wallet
  • Unified Trading Account for all available products

Cons

  • Interface can be overwhelming for beginners
  • Hack in February 2025 (about USD 1.46bn)
  • EU customers (bybit.eu): no futures or options
  • bybit.eu: 0.25% spot fee at the base tier (since 5 Oct 2026)
  • High futures leverage (bybit.com) encourages overtrading

Fees

On bybit.com, standard fees are 0.10% for spot and 0.02% / 0.055% (maker/taker) for futures. On bybit.eu, the platform for EU customers, spot has cost 0.25% at the base tier since 5 Oct 2026. VIP tiers reduce rates for high-volume traders.

  • Spot trading (bybit.com): Maker 0.10%, Taker 0.10% (Standard tier, crypto pairs)
  • Spot trading (bybit.eu): Maker 0.25%, Taker 0.25% (VIP 0, since 5 Oct 2026)
  • Futures (USDT): Maker 0.02%, Taker 0.055% (USDT perpetual, bybit.com only)
  • Futures (inverse): Maker 0.02%, Taker 0.055% (Coin-M, bybit.com only)
  • Options: Maker 0.02%, Taker 0.03% (bybit.com only, max. 7% of the option price)
  • SEPA deposit: Free (No Bybit EU fee, your bank may charge)
  • Crypto deposit: Free
  • Crypto withdrawal: Network fee (Depends on coin)

Sign up at Bybit

  1. Create an account: EU customers sign up on bybit.eu, everyone else on bybit.com. Click "Sign up", enter your email address and create a secure password.
  2. Verify your identity (KYC): Upload an ID document (national ID or passport) and take a selfie.
  3. Deposit funds: Deposit via SEPA transfer, card, or crypto transfer. Bybit EU charges no fee for fiat deposits; your bank may charge its own fees.
  4. Activate Unified Account: Activate the Unified Trading Account. On bybit.eu it combines spot and spot margin; on bybit.com it also covers futures and options.
  5. Start trading: Pick your product and place your first order. bybit.eu offers spot, spot margin and spot bots; bybit.com also offers futures, options and copy trading.

Frequently asked questions about Bybit

Is Bybit reputable and safe?

Bybit is licensed in the EU via Bybit EU GmbH (MiCA, FMA Austria, since 28 May 2025) and publishes proof-of-reserves. On 21 February 2025 one of its Ethereum cold wallets was hacked; Bybit puts the loss at about USD 1.46 billion, and the FBI attributed the attack to North Korea. Bybit says it covered the loss. Keep only the funds you need for trading on any exchange.

How high are the fees at Bybit?

On bybit.eu, the platform for EU customers, spot and spot margin have cost 0.25% at the base tier since 5 Oct 2026. On bybit.com, spot costs 0.10% (maker/taker), futures 0.02% maker and 0.055% taker, options 0.02% maker and 0.03% taker. Bybit EU charges no fee for SEPA deposits. VIP tiers add further discounts.

Can I deposit in euros at Bybit?

Yes, on bybit.eu via SEPA bank transfer, Visa, Mastercard, Apple Pay and Google Pay; P2P is available too. Corporate cards are not accepted. Availability depends on your country.

What is the Unified Trading Account?

Bybit's Unified Trading Account combines the available products in one account: spot, futures, options and margin on bybit.com, spot and spot margin on bybit.eu. Your balance is available to all products in the account.

Is Bybit available in Germany?

Yes. Customers in Germany are served by Bybit EU (bybit.eu), which holds a MiCA license from Austria's FMA. SEPA deposits are possible. Futures and options are not offered there; according to its CEO, Bybit has applied for a MiFID license for derivatives (as of 10 Sep 2026).

Does Bybit have a web3 wallet?

Yes, Bybit offers a web3 wallet that supports multiple blockchains, letting you use decentralized apps directly from the Bybit app.

About this review

Trading Department Editorial Desk · Editorial desk · Exchange reviews

Our editorial team tests and reviews crypto exchanges against fixed criteria across 7 categories.

As of October 17, 2026

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