What is Bybit?
Bybit is a platform for digital‑asset services. Products and availability vary by region and change over time. This site summarizes general concepts to help you understand key terms before you continue to the official site.
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Educational notes about Bybit
Plain‑English explanations. Not financial advice and not an invitation to invest.
Product types (concepts)
- Spot: Buy/sell assets for immediate delivery. Prices can be volatile and may drop to zero.
- Derivatives: Contracts referencing an asset; may involve leverage and liquidation risk.
- Earn‑style programs: Possible lockups and smart‑contract/counterparty risks; yields not guaranteed.
- Copy/automation: Convenience only; performance not guaranteed.
Fees & common costs
- Maker/Taker: Pricing differs by order role.
- Funding (perpetuals): Periodic transfers between longs and shorts.
- Spreads/slippage: Execution can worsen in thin markets.
- Withdrawals: Network fees depend on asset/network.
Security basics
- Unique, strong passwords + password manager.
- MFA (TOTP/hardware key), device approvals, login alerts.
- Beware of phishing; verify domains; review API keys.
Regional availability
Rules differ by country; some products may be restricted in your location. Always check official pages.