Bybit

This is another cryptocurrency derivatives platform. It was launched in 2018 on the British Virgin Island, but it is headquartered in Singapore. If you are looking for a platform with high-speed performance, you can try Bybit. Interestingly, it is also KYC-free, which means that traders can use it anonymously. However, there are a lot of Bybit alternatives that you can sample.

Features

• Offers perpetual crypto derivative contracts
• Has perpetual futures up to 100 x leverage
• Android and iOS Apps
• Multi-signature cold wallet
• Fiat gateway that allows you to deposit about 20 currencies
• Offers welcome bonuses
• KYC free

Advantages

• Quick deposit and withdrawals
• Supports fiat deposits
• Has three types of order; Market, Limit, and Conditional
• Has a user-friendly interface
• Has 24/7 customer support
• Offers referral incentives
• It is secure with insurance funds and mutual insurance
• Has great bots services
• Supports anonymity
• Good login security with two-factor authentication
• Offers a demo mode
• no minimum deposit for BTC, EOS, ETH, and XRP

Disadvantages

• The platform is still new
• Supports only 4 CFD products
• Focuses more on experienced traders
• Singapore, Cuba, Sudan, China, North Korea, U.S., and more citizens cannot use the Bybit platform

If you are not happy with Bybit, you can consider other Bybit alternatives.