54 Best Bybit Crypto Exchanges Alternatives

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.