How to Register and Trade Crypto at Bybit
How to Register at Bybit
Do you see potential investment opportunities in the crypto market? Can’t wait to ride the crypto wave on Bybit? Wait, before trading, please make sure you already have a Bybit account.Don’t have an account yet? Please follow the steps below.
How to Register a Bybit account【PC】
For traders on the web, please head over to the Bybit. You can see the registration box on the left side of the page.If you are on another page, such as the Home page, you can click “Sign Up” in the upper right corner to enter the registration page.
Please enter the following information:
- Email address
- A strong password
- Referral code (optional)
Make sure you have understood and agreed to the terms and privacy policy, and after checking that the information entered is correct, click “Continue”.
Enter the verification code sent to your email inbox. If you have not received the verification email, kindly check your email’s spam folder.
Congratulations! You have successfully registered an account on Bybit.
How to Register a Bybit account【APP】
For traders using Bybit’s app, you can enter the registration page by clicking "Register / Sign in to get bonus" at the home page.Next, please select the registration method. You can sign up using your email address or mobile number.
Register by Email
Please enter the following information:- Email address
- A strong password
- Referral code (optional)
Make sure you have understood and agreed to the terms and privacy policy, and after checking that the information entered is correct, click “Continue”.
A verification page will pop up. Please drag the slider to complete the verification requirements.
Lastly, enter the verification code sent to your email inbox.
Note:
If you have not received the verification email, kindly check your email’s spam folder.
Congratulations! You have successfully registered an account on Bybit.
Register by Mobile Number
Please select or enter the following information:- Country code
- Mobile number
- A strong password
- Referral code (optional)
Make sure you have understood and agree to the terms and privacy policy, and after checking that the information entered is correct, click “Continue”.
Finally, follow the instructions, drag the slider to complete the verification requirements and enter the SMS verification code sent to your mobile number.
Congratulations! You have successfully registered an account on Bybit.
How to Install Bybit APP on Mobile Devices (iOS/Android)
For iOS devices
Step 1: Open "App Store".Step 2: Input "Bybit" in the search box and search.
Step 3: Click on the "Get" button of the official Bybit app.
Step 4: Wait patiently for the downloading to complete.
You can click "Open" or find the Bybit app on the home screen as soon as the installation is completed to start your journey to cryptocurrency!
For Android devices
Step 1: Open "Play Store".Step 2: Input "Bybit" in the search box and search.
Step 3: Click on the "Install" button of the official Bybit app.
Step 4: Wait patiently for the downloading to complete.
You can click "Open" or find the Bybit app on the home screen as soon as the installation is completed to start your journey to cryptocurrency!
Frequently Asked Questions (FAQ)
What is the Bybit Subaccount?
Subaccounts allow you to manage smaller standalone Bybit accounts nested under a single Main Account to achieve certain trading objectives.
What is the maximum number of Subaccounts allowed?
Each Bybit Main Account can support up to 20 Subaccounts.
Does Subaccounts have a minimum balance requirement?
No, there is no minimum balance required to keep a Subaccount active.How to Trade Crypto at Bybit
How to Trade on Spot
For traders who are using the web trading page, please head over to the Bybit homepage, and click “Spot“ on the navigation bar, then choose the trading pairs to enter the spot trading page.
On the left side of the page, you can see all trading pairs, as well as the Last Traded Price (USDT) and 24-hour change percentage of the corresponding trading pairs. To quickly find the trading pair you desire, please directly enter the trading pair you want to view in the search box.
Tip: Click the star icon. Then you can include frequently viewed trading pairs in the “Favorites” column, allowing you to easily select trading pairs for trading.
For traders using Bybit’s app, select “Spot” at the bottom right to enter the trading page that defaults to BTC/USDT.
Want to view other trading pairs? Please click on the trading pair in the upper left corner, and you will see a full list of trading pairs. Simply select the one you want to trade.
Note
— Please make sure that there are sufficient funds in your Spot account. If the funds are insufficient, traders who use the web can click “Deposit” or “Transfer” in the order zone to enter the asset page for Deposit or Transfer. For more deposit information, please refer here.
The following example uses a BTC/USDT Market Order.
1. Select “Market”.
2.(a) Buy: Enter the amount of USDT paid to buy BTC.
Sell: Enter the amount of BTC to sell to buy USDT, or
(b) Use the percentage bar.
For example, if you want to buy BTC, the available balance in the Spot account has 10,000 USDT, and you choose 50% — that is, buy 5,000 USDT equivalent of BTC.
3. Click “Buy BTC” or ”Sell BTC”.
(On Desktop) |
(On Mobile App) |
After confirming that the entered information is correct, click “Buy BTC” or ”Sell BTC”.
(On Desktop) |
(On Mobile App) |
Congratulations! Your order has been filled.
For traders on the web, please go to “Filled” to view the order details.
For traders using the app, click “All Orders” and then select “Order History” to view order details.
How to Trade on Derivatives
Bybit provides diversified derivative products. You can choose from a range of USDT Perpetual, Inverse Perpetual and Inverse Futures.
For traders on the web, please head over to the Bybit homepage. Click “Derivatives” in the navigation bar, and select the contract type and trading pair from the drop-down menu to enter the Derivatives trading page.
Select Trading Pair
- Choose from a range of USDT Perpetual and Inverse Contracts.
Manage Your Assets
- View your equity and available balance in real time. Top up your account with ease.
Place Your Order
- Set up your order conditions: Select cross or isolated margin mode, 1x to 100x leverage, order type and more. Click on the Buy/Sell button to complete the order.
Mark Price
- The price that triggers liquidation. Mark Price tracks the spot index price closely and may differ from Last Traded Price.
Positions and Order History
- Check the status of your current positions, orders, and history of orders and trades.
For traders using Bybit’s app, click on “Derivatives” in the middle bottom to enter the trading page that defaults to BTC/USD.
Want to view other trading pairs? Please click on the trading pair in the upper left corner and you will see a full list of trading pairs. Then, simply select the one you want to trade.
Move to the order zone and follow the steps below to start placing your order.
(On Desktop) |
(On Mobile App) |
Taking the BTC/USD limit order as an example:
1. Select Margin mode and set leverage.
(On Desktop)
(On Mobile App)
2. Select order type: Limit, Market or Conditional.
3. Enter order price.
4. (a) Enter quantity, or (b) Use the percentage bar to quickly set an order’s contract quantity with the corresponding proportion of the account’s available margin.
5. Set Buy Long with TP/SL, or Sell Short with TP/SL (optional).
6. Click “Open Long” or “Open Short”.
Next, a confirmation window will appear. After checking the order information, click “Confirm”.
(On Desktop) |
(On Mobile App) |
Your order has been submitted successfully!
After your order is filled, you can view the order details in the position tab.
How to Trade on ByFi Center
ByFi Center provides you with Cloud Mining and Decentralized Finance (DeFi) products.
Let’s take DeFi Mining as an example.
First, click “ByFi Center” – “Defi Mining” to visit the DeFi Mining page.
Please make sure that your ByFi account has sufficient funds before you purchase a plan.
If there are not enough funds in your account:
- You can log into your ByFi account and then click “Transfer” in the USDT column to transfer assets, as shown below.
After that, the Transfer window will pop up. You will only need to follow these steps:
1. Choose to transfer funds from Derivatives Account to ByFi Account.
2. The default currency is USDT. Currently, only payments in USDT are supported.
3. Enter the amount you want to transfer and click “Confirm”.
After the fund transfer operation is completed, you can return to the product page to make a purchase.
- You can also click “Buy Now” to purchase the product directly. For example, select a product with a service duration of 5 days and an Annualized Percentage Yield of 20% to 25%.
You will be brought to the product details page. Click “Buy Now”.
If the balance in your account is insufficient, you only need to click “Transfer” to proceed with the steps to top up your ByFi account.
After the funds are successfully transferred, return to the Product Details page and click “Buy Now” once more.
Please confirm the order information and click “Purchase”.
The order has been successfully purchased!
After you click “OK”, the page will automatically redirect to the Order page for you to view the order details.
Frequently Asked Questions (FAQ)
What are the differences between spot trading and contracts trading?
Trading spot is a bit different than contracts trading, as you do actually need to own the underlying asset. Crypto spot trading requires traders to purchase a crypto, such as Bitcoin, and hold it until the value increases, or use it to buy other altcoins that they think may rise in value.
In the crypto derivatives market, investors do not own the actual crypto. Rather, they trade based on speculation of the crypto market price. Traders can choose to go long if they expect the value of the asset to rise, or they can go short if the value of the asset is expected to fall.
All transactions are done on contract, so there is no need to purchase or sell any actual assets.
What is Maker/Taker?
Traders preset the quantity and order price and place the order into the order book. The order waits in the order book to be matched, thus increasing the market depth. This is known as a maker, which provides liquidity for other traders.
A taker occurs when an order is executed instantly against an existing order in the order book, thus decreasing the market depth.
What is the Bybit spot trading fee?
Bybit charges Taker and Maker a 0.1% trading fee.
What are Market Order, Limit Order and Conditional Order?
Bybit provides three different order types — Market Order, Limit Order, and Conditional Order — to meet the various needs of traders.
Order Type |
Definition |
Executed Price |
Quantity Specification |
Market Order |
Traders are able to set the order quantity, but not the order price. The order will be filled immediately at the best available price in the order book. |
Filled at the best available price. |
— Base currency (USDT) for Buy Order — Quote currency for Sell Order |
Limit Order |
Traders are able to set both the order quantity and order price. When the last traded price reaches the set order limit price, the order will be executed. |
Filled at the limit price or best available price. |
— Quote currency for Buy and Sell Order |
Conditional Order |
Once the last traded price meets the preset trigger price, a conditional market and conditional taker limit order will be filled immediately, while a conditional maker limit order will be submitted to the order book once triggered to be filled pending execution. |
Filled at the limit price or best available price. |
— Base currency (USDT) for Market Buy Order — Quote currency for Limit Buy Order and Market/Limit Sell Order |