Bybit & BTCC Exchange 2025 Review: Fees, Features, Security Comparison
Looking for a top-notch crypto trading platform? Consider Bybit. This exchange stands out with its diverse product offerings, markets, and services. Our comprehensive Bybit review delves into the platform’s features, aiming to assist you in determining if it aligns with your trading needs.
- Is Bybit Worth Your Investment? Our Take.
- Bybit’s Key Features Highlighted?
- Bybit: Advantages and Disadvantages?
- Bybit Fees Queries?
- What Can I Do with Bybit?
- What types of accounts are available on Bybit?
- Is Bybit a Safe Platform?
- Is Bybit a Regulated Platform?
- Is BTCC the Next Big Crypto?
- What Are BTCC Exchange’s Unique Trading Features?
- BTCC: What Are the Exchange Fees?
Is Bybit Worth Your Investment? Our Take.
Dive into the world of Bybit, a leading cryptocurrency trading platform that caters to both novice and experienced traders. With a comprehensive suite of trading options, including perpetual contracts, futures, and spot trading, Bybit stands out as a one-stop solution for all your crypto trading needs. Its intuitive interface, coupled with high liquidity and flexible leverage choices, makes it a standout in the crypto exchange market. In this detailed Bybit review, our team of broker experts shares their first-hand experience after rigorously testing and evaluating the platform. Discover what awaits you when you sign up and open an account with Bybit, and how you can leverage its features to maximize your trading potential.
Bybit’s Key Features Highlighted?
| Bybit Highlights |
| Free demo account |
| ID verification required |
| Minimum deposit: $10 |
| Mobile trading app available |
| 1,300+ tradable assets |
| Regulatory bodies: ACRA, AUSTRAC, FCA |
| Supported assets: Crypto, NFTs |
| Web trading platform available |
Bybit: Advantages and Disadvantages?
| Pros: | A large range of cryptocurrencies available to trade. Widely regarded as one of the safest crypto exchanges. Perpetual and futures contracts available. Lots of additional tools and features. |
| Cons: | Not available in all regions. Some aspects are not beginner friendly. |
Bybit Fees Queries?
Trading on Bybit involves a fee or rebate, depending on whether you’re a market taker or maker. Market takers, who add liquidity and deepen the order book, enjoy rebates or negative trading fees. Conversely, market makers face trading fees as they remove liquidity. In March 2022, Bybit revised its fee schedule, details are on their website, but in summary: market makers pay 0.01% for derivatives and 0.1% for spot trades, while market takers are charged 0.06% for derivatives and 0.1% for spot. Additionally, a position funding fee applies, ensuring traders access fair and anchored exchange pricing linked to global spot prices. This funding occurs every 8 hours, at 4 pm, 12 pm, and 8 am UTC.
Bybit facilitates fee-free trading for positions closed prior to funding exchange. Instead of overnight fees, traders exchange funding rates. When rates are positive, long traders compensate short positions, and vice versa when negative, ensuring fairness in the market.
What Can I Do with Bybit?
Bybit stands as a versatile trading hub, catering to traders of all stripes with its expansive suite of trading options. A primary highlight is the perpetual contracts, often termed ‘perps’, which mirror traditional futures contracts but carry no expiration date, offering both flexibility and continuity. Complementing these, Bybit also presents futures contracts with varying expiration dates, accommodating both short and long-term trading strategies. Beyond contracts, the platform facilitates spot trading, enabling direct purchases and sales of cryptocurrencies. A notable perk of trading on Bybit is the availability of leverage, which can reach up to 1:100, amplifying trading power. However, Bybit isn’t just about trading; it also boasts a unique copy trading feature, allowing users to replicate the trades of others into their own accounts. This, coupled with a slew of other offerings like charting tools, real-time market data, and comprehensive risk management features, positions Bybit as a one-stop shop for all trading needs.
What types of accounts are available on Bybit?
Bybit provides a range of accounts and services, including traditional exchange features. Moreover, users can access loans, earn rewards, and more. Some of the available Bybit account options are highlighted below.
Is Bybit a Safe Platform?
Bybit stands as a secure cryptocurrency exchange, backed by global regulatory compliance. According to Coingecko, it holds the 2nd spot after Binance in terms of being the most reliable crypto trading platform.
Is Bybit a Regulated Platform?
Bybit boasts regulatory approvals from esteemed authorities: CySEC, Dubai’s Virtual Assets Regulatory Authority, and Kazakhstan’s Astana Financial Services Authority, ensuring compliance and safety in crypto trading.
Is BTCC the Next Big Crypto?
| BTCC, founded in 2011, is a cryptocurrency trading platform that prioritizes security, offering 2FA, cold storage, and 1:1 reserve funds, with a claim of zero hacks. The exchange provides a wide range of trading options, including spot trading, perpetual futures contracts, copy trading, demo trading, instant crypto-to-crypto conversion, and tokenized stocks and commodities.BTCC supports 88 cryptocurrencies for spot trading and over 300 for futures trading, with leverage up to 500x for futures. Demo trading is available with $100,000 virtual funds. Trading fees are as low as 0% maker and 0.01% taker for the futures market.The platform complies with KYC regulations and is licensed in the U.S., Canada, and Europe, ensuring a secure and regulated trading environment for its users. |
BTCC, founded in 2011, stands as one of the oldest and most trusted names in the global cryptocurrency exchange landscape. The platform has earned a sterling reputation within the industry, thanks to its unwavering dedication to security and regulatory compliance, thus becoming a top pick for numerous traders. With its reach extending to the US, Canada, and Europe, BTCC is particularly tailored to cater to the needs of North American and European trading communities. Beyond just cryptocurrency trading, BTCC boasts innovative offerings like copy trading, perpetual futures, and tokenized stocks. These features open up a world of opportunities for traders to diversify their portfolios with non-crypto assets such as gold, silver, and U.S. stocks. Whether you’re a novice or a seasoned trader, BTCC provides a secure and regulated environment with a wide array of options to suit your trading needs.
BTCC, a leading cryptocurrency platform, celebrated 13 years of innovation and growth in June 2024. With a strong commitment to security and user satisfaction, the exchange has maintained a remarkable track record of zero security incidents since its inception. This rare achievement positions BTCC as one of the few crypto exchanges that traders can trust with the safety of their funds, further highlighting its reliability and stability in the volatile cryptocurrency market.
What Are BTCC Exchange’s Unique Trading Features?
BTCC’s Spot Trading Explained
Looking to trade cryptocurrencies directly at market prices? BTCC offers spot trading, letting you own the actual crypto assets. With support for 88 coins including Bitcoin, Ethereum, Dogecoin, and Solana, BTCC provides a wide range of options. Traders in the U.S. and Canada can enjoy seamless trading with easy USD and CAD deposits, eliminating complex currency conversions and extra fees. Ideal for those who prefer direct ownership over price speculation, BTCC’s spot trading is a top choice in the crypto market.
Futures Trading Explained
BTCC, a leading cryptocurrency trading platform, offers futures contracts on over 300 digital assets, enabling traders to speculate on price movements without owning the underlying coins. With BTCC, investors can profit from both bullish and bearish markets, thanks to the versatility of futures trading. A major highlight of BTCC is its flexible leverage options, which can amplify trading power and potential profits. Traders can choose to trade with up to 500x leverage on select assets, including top pairs like BTC/USDT, ETH/USDT, DOGE/USDT, SOL/USDT, and XRP/USDT. For those preferring a more conservative approach, the platform also provides adjustable leverage up to 50x for various contracts. Furthermore, BTCC supports multiple futures contract settlement methods, catering to different trading strategies and risk profiles. Whether you’re a seasoned trader or just starting out, BTCC’s comprehensive futures trading services provide a powerful toolset for navigating the crypto markets. BTCC offers futures contracts settled in USDT or crypto, catering to diverse trading strategies. Traders can utilize market, limit, and stop-loss orders for strategic entries and exits. Notably, the stop-loss and take-profit features are invaluable for risk management, automatically closing positions at set thresholds, ensuring a smooth trading experience.
BTCC Exchange Trading Features Explained: Copy Trading
BTCC’s futures copy trading feature is a game-changer for those seeking to trade cryptocurrencies without the need for constant market monitoring or expert-level knowledge. This innovative tool allows users to automatically replicate the trades of top-performing traders in real-time, opening up a world of opportunities for both trading newcomers and those with limited time on their hands. By harnessing the strategies of seasoned professionals, even the most inexperienced traders can now benefit from market movements without having to lift a finger. But it’s not just beginners who can reap the rewards of BTCC’s copy trading feature. Experienced traders with a track record of profitability can apply to become lead traders on the platform, unlocking a range of enticing benefits. Chief among these is the opportunity to earn a significant portion of the profits generated by those who choose to copy their trades. With BTCC offering a higher profit-sharing percentage than most other platforms typically between 10-15% there’s a compelling incentive for experienced traders to share their strategies and grow their earnings potential. Monetize your trading expertise and assist others in achieving success with BTCC Exchange. As a lead trader, you enjoy daily profit settlements and frequent returns, based on your 30-day average assets under management (AUM). The key benefit? Early birds get the worm – join now to swiftly grow your AUM and secure higher commission rates over the long haul.
BTCC’s Demo Trading
BTCC stands out with its array of trading features, catering to both crypto newcomers and veterans. Chief among them is the demo trading option, which grants users $100,000 in virtual funds to hone their trading skills risk-free. This innovative feature not only aids beginners in getting acquainted with the platform but also lets them test strategies under real-market conditions. Beyond the demo, BTCC also shines with its instant crypto-to-crypto conversion tool. This handy feature enables traders to swiftly swap between cryptocurrencies, such as Bitcoin and Ethereum, without the need for complex spot trading procedures. It’s a boon for those seeking to promptly rebalance their portfolios or seize market opportunities, streamlining the entire process and eliminating hassles.
Explaining BTCC’s Tokenized Stocks & Commodities Trading
Blend the worlds of traditional finance and crypto with BTCC exchange’s unique feature: tokenized stocks and commodities. Imagine trading digital versions of Apple or Tesla shares, or even physical gold and silver, right on the BTCC platform. These “tokenized futures” are directly linked to the real asset’s price, mirroring any movement up or down. What’s more exciting? You can amplify your potential profits with leverage trading, up to 50x for stocks and a whopping 150x for commodities. And with these being perpetual contracts, expiration dates are a thing of the past hold them as long as you desire. BTCC offers a seamless way to dive into the world of tokenized assets, where the possibilities are endless.
For those keen on price movements and seamless trading, BTCC Exchange offers a unique solution, eliminating the need for traditional stockbrokers. Here, traders can focus on strategies without worrying about dividends or physical asset ownership. Furthermore, all transactions are settled in USDT (Tether), ensuring a swift and straightforward process.
BTCC: What Are the Exchange Fees?
BTCC Exchange Trading Fees
Traders at the VIP0 level, encompassing those with unspecified total value or trade volume, are subject to the following fees.
- Futures Trading Fees:
- Maker Orders: If you place a limit order that adds liquidity to the market, the futures fee can be as low as 0%.
- Taker Orders: Placing an order that is filled immediately will incur a fee of only 0.01% of your trade value.
- Comparison: These fees are significantly lower compared to other futures exchanges such as Kraken, Binance, or Bybit.
BTCC provides extra perks for users who reach higher VIP statuses, such as reduced fees. Keep in mind that the precise advantages depend on your VIP level. Climbing the VIP ranks at BTCC pays off, as you’ll enjoy more benefits with each tier.
BTCC Exchange: Deposit & Withdrawal Fees
Depositing funds in USD and CAD on BTCC Exchange is simple, with fees varying based on your preferred payment method. As an added benefit, cryptocurrency deposits are completely free, making it easier to transfer funds from other wallets or exchanges. When it comes to withdrawals, fees differ by cryptocurrency, adhering to standard gas fees, while maintaining competitiveness to prevent any excessive charges when moving your funds.
