Currently, Bybit is listing 360 coins and 360 trading pairs available on the exchange. Those all-trading pair Bybit recorded more than $2 billion every day. In this article, we’ll show you how to download Bybit for Android and iPhone devices and also show you installation guidelines.
What is Bybit exchange?
Bybit is a centralized cryptocurrency exchange established in March 2018. Offering professional crypto trading services, fast matching engines, excellent customer service, multilingual community support, and many more features.
Bybit currently serves more than 10 million users and institutions offering access to over 100 assets and contracts across Spot and crypto products like spot trading, NFT marketplace, token or coin converting, and more.
Is Bybit Exchange Safe?
Yes, Bybit is safe because ByBit stores all your assets offline in cold storage. The exchange contains many different security measures, advanced data protection, and real-time monitoring. Bybit system has a secure development life cycle, rigorous security testing, and ongoing bug bounty programs.
How to use Bybit for Android?
Bybit is a centralized crypto exchange, If your device breaks, is lost, stolen, or has data corruption, then you can easily recover your account. However, below is a step-by-step guide to help you start trading on Bybit.
- Download Bybit for Android or iPhone devices,
- Click on the register option.
- Enter a valid email address, choose a unique password, and hit the register button.
- Now verify your email address and then log in to your Bybit account.
- Complete your identity verification process by uploading the essential documents like your selfie, NID/ passport, etc.
- Now click on the right-down “assets” button.
- You need to deposit any crypto asset of your choice like BTC/ ETH/ TRX/ XRP to place your first order.
- After clicking on the deposit, you will receive a unique deposit address and a QR code through which you can deposit assets in your Bybit account.
- Now hit the trade tab and start trading in crypto assets right away.
Note: If you don’t know how to Trade or how to deposit or withdraw crypto on Bybit Exchange, then we strongly recommend visiting the Bybit Guide Center and learning it.
Does Bybit Work in the USA?
Bybit is not legal in the US. Bybit does not follow the US government’s norms and is an unregulated crypto platform. Bybit Exchange itself decided to stay away from the American crypto trading market. If you try to access Bybit in the USA it will block you from.
Bubit Restricted Country list
While Bybit is available in many countries, some jurisdictions restrict or prohibit access due to regulatory reasons. Below is the Bybit-restricted country list :
- United States (USA)
- United Kingdom (UK)
- Mainland China
- Singapore
- Canada
- North Korea
- Cuba
- Iran
- Uzbekistan
- Russian-controlled regions
- Ukraine ((currently including the Crimea, Donetsk, and Luhansk regions)
- Syria