Registration on Bybit

Registering on the Bybit exchange, like other cryptocurrency platforms, provides access to a wide range of services and features related to trading and managing cryptocurrency assets. Here are the main reasons and purposes for signing up with Bybit:

Access to cryptocurrency trading

  • Spot Trading: By registering with Bybit, you can buy, sell and exchange various cryptocurrencies on the spot market.
  • Margin trading: Bybit offers the ability to trade on margin (margin trading), which allows you to increase your profit potential (but also your risk).
  • Derivatives: Bybit specializes in trading cryptocurrency derivatives such as futures and perpetual contracts, which allows you to speculate on price changes without actually owning the assets.

Tools and features for professional traders

  • Market Orders: Access advanced order types such as limit orders, stop orders, trailing stops and others that help optimize trading strategies.
  • High Leverage Trading: Bybit allows you to trade with high leverage (up to 100x on some instruments), which is attractive for experienced traders looking to maximize profits.

Asset security

  • Two-Factor Authentication (2FA): Once registered, you can set up additional security measures, such as 2FA, to protect your account and assets.
  • Device Management: You can track and manage the devices that have accessed your account, increasing security.

Participation in bonus programs and promotions

Welcome bonuses: New users often receive bonuses upon registration, such as trading credits or discounts on commissions.
Referral programs: You can invite other users and receive rewards for their activity on the platform.

Deposit and withdrawal features

Deposit: Only registered users can make deposits in cryptocurrency or fiat (depending on the platform’s capabilities).
Withdrawals: Registration is required to withdraw assets from the exchange to external wallets.

Using additional services

Staking and Savings: Bybit offers staking and savings programs that allow you to earn income on stored cryptocurrencies.
Risk Management: Built-in risk management tools, such as liquidation calculations, help traders minimize losses.

Receive educational materials and analytics

Educational Resources: Bybit provides access to educational materials, videos and webinars to help you learn how to trade.
Analytical tools: Registration allows you to use built-in charts, indicators and other analytical tools to analyze the markets.

Participation in Communities and Contests

Trading Contests: Registered users can participate in various trading contests organized by Bybit, where they can win prizes and gain recognition in the community.
Communities and Support: Access to communities and support to share experiences and get help.

Registering on the Bybit exchange provides access to all these features, making working with cryptocurrencies convenient and safe. It is necessary to fully utilize all the features of the platform and to protect your assets.

 

Bonuses when registering on the Bybit exchange

Bybit offers various bonuses and promotions for new users who sign up on the platform. Here are a few common bonuses that may be available:

Welcome Bonuses

  • Signup Bonus: New users can receive a welcome bonus simply for creating an account. The amount of the bonus can vary and is usually in the form of trading credit or cryptocurrency.
  • First Deposit Bonus: Bybit often offers bonuses for the first deposit. The amount of the bonus may depend on the size of the deposit and the current terms of the promotion.

Referral bonuses

Referral Program: If you sign up through a referral link from another user, and if you bring new users to the platform, you and your referrals may receive bonuses in the form of trading credits or commission discounts.

Bonuses for completing tasks

  • New User Missions: Bybit may offer bonuses for completing certain tasks, such as making a deposit, making your first trade, or passing KYC (identity verification).
  • Trading tasks: The platform sometimes offers bonuses for completing trading tasks, such as a certain volume of trades or using specific trading instruments.

Discounts on trading commissions

New User Discounts: New users can receive temporary discounts on trading commissions for the first weeks or months after registration.
Zero commission promotions: Bybit may run promotions where new users can trade commission-free on certain trading pairs.

Participate in contests and giveaways

Trading Contests: New users can participate in trading contests with the opportunity to win prizes such as cryptocurrency or other rewards.
Raffles and promotions: Bybit may run promotions where random participants receive bonuses or prizes.

Bonuses for educational programs

Learn & Earn: Some platforms offer rewards for completing training programs or tests related to cryptocurrencies and trading. Bybit may include such programs in its offerings.

Bybit bonuses and promotions may vary by time and region. To find out about current offers, it is recommended to regularly check the promotions section on Bybit’s official website or app after registration.

How to register on the Bybit exchange

Registering on the Bybit exchange is a simple process that can be completed in a few minutes. Here is a step-by-step guide on how to register on the Bybit platform:

Step 1: Visit Bybit’s official website

1- Open your browser and go to Bybit’s official website.
2. Make sure you are on the official website to avoid phishing attacks.

Step 2: Start registration

1. On the homepage of the website, click on the “Register” button.
2. You will be redirected to the account creation page.

Step 3: Select a registration method

  1. Register by email: Enter your email address. Create a strong password. It is recommended that you use a combination of letters, numbers, and special characters to increase security. If you have a referral code, enter it in the appropriate field to receive signup bonuses.
  2. Register by phone number: Enter your phone number, including country code. Create a password for your account. Enter the referral code if you have one.
  3. Register via Google: You can also register using your Google account. This automates the entry of some data such as email.

Step 4: Confirm your registration

1. Once you have filled in all the required fields, click “Register”.
2. Bybit will send a confirmation code to your email or phone number.
3. Enter the confirmation code on the website to complete the registration process.

Step 5: Configuring Security

1. After successful registration, you will be prompted to set up two-factor authentication (2FA) to increase account security.
2. It is recommended to use Google Authenticator app or SMS authentication to get one-time codes.

Step 6: Verify identity (KYC) (optional, but recommended)

1. In the Identification section of your personal account, you can undergo identity verification to increase your deposit and withdrawal limits, as well as to participate in certain promotions and features of the platform.
2. To undergo KYC, upload photos or scans of your documents (passport, driving license or national ID card) and follow the on-screen instructions to complete the verification.

Step 7: Make a deposit and start working

  1. After registering and setting up your security settings, you can make a deposit to your account.
  2. Go to the “Assets” section and choose a convenient way to deposit your account: cryptocurrency transfer or buying cryptocurrency using a bank card.
  3. After depositing funds, you can start trading, investing or using other features of the platform.

Registering on Bybit gives you access to a variety of features and options for trading cryptocurrencies. After completing registration, it is recommended that you immediately set up account security and undergo KYC to utilize the platform to its full potential.

 

How to pass KYC on Bybit Exchange

Passing KYC (Know Your Customer) on Bybit Exchange is required to increase deposit and withdrawal limits, as well as to access certain features and promotions. Here’s a detailed guide on how to pass KYC on Bybit:

Step 1: Log in to your Bybit account

Go to Bybit’s official website and log in to your account using your username and password.
If you are not already registered, create an account first and log in.

Step 2: Go to the verification section

After logging into your account, go to the Identification section. You can find it in your profile menu by clicking on your account icon in the top right corner of your screen.
This will take you to a page where you can select the level of verification you want to complete.

Step 3: Choose a verification level

Bybit typically offers several levels of verification, each with different transaction limits: Basic: Basic verification, which may require minimal information. Advanced: More advanced verification that requires uploading documents to confirm identity and address.

Step 4: Enter personal information

In the verification section, select “Start Verification.”
Enter personal information such as your full name, date of birth, and residential address. Make sure the information entered matches the information in your documents.

Step 5: Upload Documents

Select the type of document you want to use to verify your identity: Passport. Driver’s license. National ID card.
Upload clear photos or scans of the front and back of the document.
In some cases, Bybit may ask you to upload an additional document to prove your address (such as a utility bill or bank statement).

Step 6: Face verification

After uploading your documents, Bybit may request a face verification (face verification).
To do this, you will need to use your device’s camera (webcam or smartphone camera) to capture your image in real time.
Follow the on-screen instructions to complete this step.

Step 7: Finish and Wait

Once all steps are complete, click the “Submit” button to submit your data for verification.
Your verification request will be reviewed and the process usually takes a few minutes to a few days, depending on the workload of the system.

Step 8: Notification of the result

You will receive an email or in-app notification from Bybit about the result of your verification.
If the verification was successful, your account level will be upgraded and higher deposit and withdrawal limits and other features will be available to you.

Passing KYC on Bybit helps ensure the security of your account and gives you access to all the features of the platform. Make sure you provide accurate details and clear copies of documents to avoid delays in the verification process.