Bybit Exchange Review 2025: Is It Safe and Worth Using?

Hey, it’s Lanzo 👋
So you’re wondering if Bybit is safe in 2025, whether it’s worth signing up, and how it stacks up against Binance, Coinbase & others?
Let’s dive into the ultimate Bybit review 2025 — no fluff, just what matters: fees, safety, features, pros, cons, and my tips for beginners.

We’ll cover:

• What Bybit is and how it works
• Safety & security in 2025
• Differences between Bybit EU and Bybit Global
• Fees and trading costs
• Key features: spot, futures, copy trading, staking, card
• User experience on app & desktop
• How Bybit compares to Binance & Coinbase
• Pros, cons, and risks
• Step-by-step: how to get started

What Is Bybit? 🏦

• Founded in 2018, Bybit quickly became one of the top 5 global crypto exchanges.
• Headquartered in Dubai, licensed in multiple jurisdictions.
• Over 20 million users worldwide.
• Known for derivatives & futures trading, but also strong in spot trading, staking, copy trading.

👉 TL;DR: Bybit started as a futures exchange but in 2025 it’s a full-stack exchange competing with Binance.

If you’re completely new to exchanges, read my guide: What is Blockchain?

Is Bybit Safe in 2025? 🔒

Safety first. Here’s the truth:

• Cold storage: 95%+ of user funds held offline.
• Proof of reserves (PoR): Bybit publishes Merkle-tree audits.
• 2FA (MFA/2FA): Supported via Google Authenticator.
• Anti-phishing codes: To protect you from scam emails.
• No major hacks to date (unlike some competitors).

So, is Bybit safe? Yes — if you use the security tools provided.

Bybit EU vs Bybit Global 🌍

One thing that confuses many: there are two versions of Bybit.

• Bybit Global → Full features: futures, copy trading, leverage.
• Bybit EU → Limited features (spot trading only, no leverage), but licensed under EU regulations.

👉 If you’re in Europe, you’ll need Bybit EU. You can still withdraw to Ledger and trade spot pairs like BTC/USDC.

💡 Related: Binance vs Bybit: Which Exchange is Better in 2025?

Bybit Fees 💸

Let’s talk money. How much does Bybit charge?

Spot trading fees:

• Maker: 0.1%
• Taker: 0.1% (can go lower with VIP levels or BIT token).

Futures trading fees:

• Maker: 0.01%
• Taker: 0.06%

Deposit fees: Free (crypto).
Withdrawal fees: Network-dependent (e.g. BTC ~0.0002).

✅ Cheaper than Coinbase, similar to Binance.

Bybit Trading Features ⚡

Here’s what you get in 2025:

1. Spot Trading 🛒

• Trade 400+ pairs (BTC, ETH, XRP, SOL, meme coins, you name it).
• Limit & market orders.
• Beginner-friendly interface.

2. Futures & Derivatives 📈

• USDC/USDT margined perpetuals.
• Up to 100x leverage (⚠️ risky, don’t ape in).
• Advanced charting with TradingView integration.

3. Copy Trading 👥

• Follow pro traders automatically.
• Popular with beginners who want passive strategies.

4. Earn & Staking 💰

• Bybit Earn: flexible staking, launchpool, dual asset.
• APYs range from 2% to 25% depending on asset.

5. Bybit Card 💳

• Crypto-to-fiat card for payments.
• Spend USDT, USDC, BTC directly.

Bybit App & User Experience 📱

• App: Available on iOS & Android. Smooth, no lag.
• Desktop: Full-feature exchange.
• Beginner mode: Toggle for simplified UI.
• Advanced mode: Pro charts, multiple order types.

Want to invest without daily trading? Check out Dollar-Cost Averaging (DCA) in Crypto.

Bybit vs Binance vs Coinbase ⚔️

How does Bybit compare?

Bybit vs Binance:

• Bybit = simpler, cleaner UI, better for beginners.
• Binance = more coins, more liquidity, but complex.

Bybit vs Coinbase:

• Coinbase = easy fiat on-ramps, higher fees.
• Bybit = cheaper trading, more pro features.

👉 Verdict: Bybit is a middle ground — user-friendly like Coinbase, but with pro tools like Binance.

Pros & Cons of Bybit ✅❌

Pros:

• Low fees (spot & futures).
• Strong security, no major hacks.
• Wide range of features (spot, futures, copy trading, staking).
• Beginner & pro friendly.

Cons:

• EU users limited (no futures).
• Not licensed in every country.
• Customer support can be slow at times.

Security in 2025 🔑

Remember the 2022–2023 exchange collapses? FTX, Celsius, BlockFi…
Bybit survived all of it. Why?

• No exposure to shady lending schemes.
• Transparent reserves.
• Conservative risk management.

Still, Lanzo rule #1: Exchanges are for trading, wallets are for storing.
👉 Related read: Ledger Nano X Review – Keep Your Crypto Safe

How to Get Started with Bybit 🚀

1. Go to Bybit Global or Bybit EU.
2. Click Sign Up.
3. Register with email/phone.
4. Enable 2FA.
5. Deposit funds (crypto or fiat).
6. Start trading (spot, futures, or copy trading).

Easy.

TL;DR

• Bybit is safe in 2025 (cold storage, 2FA, PoR).
• Low fees: 0.1% spot, 0.01% futures maker.
• Features: spot, futures, copy trading, staking, Bybit card.
• EU users limited to spot trading.
• Better than Coinbase on fees, simpler than Binance.

Written by Lanzo – your crypto guide.

(This post contains affiliate links — supporting Lanzo at no extra cost to you.)