Bybit Review - A derivative platform with high throughput.

avatar
(Edited)


Bybit Review - What is Bybit?

Today, we will be doing a Bybit review. Bybit is a relatively new cryptocurrency derivatives (up to 100x leverage) exchange founded in March of 2018. Bybit is legally structured in the British Virgin Islands, with their headquarters based in Singapore, a well known fintech friendly capital. That said, most new exchanges suffer from liquidity issues but Bybit has been making leaps and bounds in user signups since they launched in April 2019. They've been really on a roll.

Trading on Bybit allows you to leverage trade (margin trade) cryptocurrency derivatives, just like BitMEX and PrimeXBT. On Bybit, you can trade Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and EOS against the US Dollar (USD).

Join Bybit today and receive up to $90 of free Bitcoin!

On Bybit you can trade 1x (no leverage) or as high as 100x (100 times your trade value). Leverage is complex and dangerous, as you can get liquidated of all your currency if your leverage is too high. Always keep an eye on your Liquidation Price when using leverage! Leverage is powerful, it allows you to bet with a much larger crypto stack than you actually have. Used properly is can be very rewarding. Of course, in order to use leverage you must incur fees.

Traders on Bybit can take both short and long positions to make money whichever way the market moves. Taking a long position means buying the asset and essentially making a bet that



THIS IS JUST AN EXCERPT! TO READ THE FULL POST VISIT: https://tothemoon.blog/trading/bybit-review-my-new-preferred-cryptocurrency-derivatives-exchange/


Read the full post on my blog @ https://tothemoon.blog/trading/bybit-review-my-new-preferred-cryptocurrency-derivatives-exchange/
Published with SteemPress.
@treepi - https://tothemoon.blog/
hive-155492 blog steemleo cryptocurrency crypto
0
0
0.000
19 comments
avatar

Nice is it available in the us, do they have options? I’m signing up if us is allowed.

0
0
0.000
Reply
avatar

You need more DERANGED (5 DERANGED is needed to send 1 DERANGED a day)

0
0
0.000
Reply
avatar

Hi @treepi!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 2.515 which ranks you at #17599 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 84 contributions, your post is ranked at #76.

Evaluation of your UA score:
  • Only a few people are following you, try to convince more people with good work.
  • Try to show your post to more followers, for example via networking on our discord!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server

0
0
0.000
Reply
avatar

According to the Bible, How does the kingdom of heaven suffer violence as it is written in the Bible? (Part 1 of 4)

(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)



Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to Thank you, our beloved friend.
Check our Discord Chat
Join our Official Community: https://beta.steemit.com/trending/hive-182074

0
0
0.000
Reply