Bybit is an emerging Peer to Peer (P2P) cryptocurrency derivatives exchange that is looking to establish itself in the growing crypto margin/leverage trading sector. Despite only being founded in March 2018, Bybit is proving to be popular with the cryptocurrency trading community and is onboarding customers at an impressive rate

What can you trade at Bybit?

As a P2P crypto to crypto derivatives trading platform, Bybit allows traders from various countries to participate in trading using up to 100x leverage. Bybit users all gain access to the same range of features after opening accounts and can trade in perpetual crypto derivative contracts in Bitcoin, Ethereum, EOS, and Ripple in relation to USD.

What is the trading screen like?

When we tested the trading arena out for ourselves, our initial impression was that the layout is extremely clean. The platform utilizes a dark background in a somewhat minimalistic look, with each segment of the trading screen organized clearly and neatly.

What is the leverage at Bybit?

If you have a slightly higher appetite for risk, then you’ll be pleased to know that the Bybit platform supports leverage trading. The amount of leverage on offer will depend on the derivative contract you plan to trade. For example, if trading BTC/USD or ETH/USD, then you’ll be permitted to trade at up to 100x. On the other hand, EOS/USD and XRP/USD is capped at 25x, albeit, this is still a considerable amount of leverage to be trading with. As such, make sure that you have a firm grasp of how leverage works before you use it, as the reality is – you could lose your entire balance.

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