Bybit How to use the Bybit Exchange ver. 2021

 

 

0. Bitmex vs Bybit Difference, Comparison of Advantages and Disadvantages

 

- We compared the pros and cons of the old boss BitMEX and the new futures exchange Bybit!

 

- You can clearly see why many users are moving to Bybit recently.

 

- You can choose an exchange that is more suitable for you by analyzing the pros and cons!

 

 

00.Bybit event

 

- We will inform you of the current events in Bybit!

 

- Check out what benefits await and receive your bonus!

 

-ByBit has many exciting promotions such as trading competitions~

 

 

000.Bitcoin credit card payment

 

- Currently, many cryptocurrency exchanges are setting up to allow direct purchases with credit cards.

 

- You can purchase cryptocurrency directly with your credit card through the feature called Easy Purchase!

 

- Although the fee is a bit high, I appreciate that it is fast and convenient~

 

1. How to sign up for Bybit

 

- Bybit is very easy and simple to sign up as a member.

 

- Use our discount code to get a discount on commissions!

 

- In order to increase deposits and withdrawals, you need to go through the KYC verification process~

  

 

 

2. Bybit deposit method

 

 

- Bybit does not support deposits in KRW (BTC, ETH, EOS, XRP, USDT supported).

 

- Therefore, you need to purchase a coin at a domestic exchange and transfer it with Bybit~

 

- We will guide you through detailed examples of how to deposit to Bybit!

 

 

3.Bybit withdrawal method

 

 

- You can cash out by sending coins to a domestic exchange as it does not support withdrawals in KRW.

 

- We will show you how to transfer from Bybit to your personal wallet or other exchanges!

 

-ByBit withdraws money to users who have requested withdrawals 3 times a day.

 

 

4. Bybit short selling

 

 

- The biggest advantage of margin trading is that it allows leverage and short selling.

 

- I will explain how to short sell on Bybit.

 

- Bybit executes transactions at super-fast speed without overload!

 

 

5. Bybit Short Buy

 

 

- Long positions as well as short positions can be leveraged to maximize profits.

 

- I will tell you in detail how to make a short purchase on Bybit~

 

- You can take advantage of the futures exchange where you can buy and sell short!

 

 

6.Bybit Fee

 

 

- Fees include transaction fees, deposit and withdrawal fees, and funding fees.

 

- You can improve your returns by minimizing fees!

 

- Then we will explain each fee in detail~

 

 

7. Bybit Margin Call

 

 

- Margin Call is a system that enforces liquidation in order to prevent large losses compared to collateral.

 

- This is to prevent traders' balances from becoming negative.

 

- We will give you tips and know-how to prevent margin calls.

 

 

 

8. Bybit Margin Call Mutual Insurance

 

 

- Unlike other exchanges, Bybit has a special insurance called margin call mutual insurance.

 

- You can manage risk by actively utilizing it.

 

- The product has already become a very hot issue in the industry~

 

 

9. Bybit Funding Fee

 

 

- The funding fee is a system introduced to narrow the gap between the spot price and the futures price.

 

- We will guide you on how to view Bybit's funding record and figures!

 

- Please note that the funding fee also fluctuates depending on the market conditions.

10. Bybit Margin Trading

 

 

- We have compiled all the materials for margin trading on Bybit Margin Exchange.

 

- Bybit offers two derivatives (Inverse & USDT perpetual contract) !

 

- I will tell you how to short buy / short sell each product using leverage!