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Bybit review(1) - Register

2021.08.04 06:20

UNICORN 조회 수:438

Hi It's Unicorn

 

Bybit exchange was established in March 2018 and is particularly focused on trading derivative financial products. It is a safe exchange with no hacking cases so far. Its website  and the app is also easy to use, and provide customer service 24/7. It offers execution speed of 100,000 TPS (transaction execution per second). for trading. This is a one of the fastest speed in the industry.

 

Bybit platform offer the following Derivatives products currently.

 

Inverse Perpetual contracts

 

Unlike ordinary perpetual contracts which use stable coins for settlement, the Inverse perpetual contracts use BTC/ETH/EOS/XRP as the base currency. Traders use USD (Quoted currency) to confirm traded quantities and then use the base currency to settlement margin, profit, and loss. For instance, if you make profits on BTCUSD contract, your profit will be calculated in Bitcoin to you, conversely, your losses will be calculated in Bitcoin instead of USD.

 

USDT Perpetual contracts

 

USDT perpetual contracts use USDT as the base currency to calculate margin, profit and loss.

 

Inverse Futures

 

Bybit currently provides Bitcoin delivery contracts with different maturities, including that day and 90-day futures contracts. Bybit inverse futures is similar to inverse perpetual, the contract value is calculated in USD equivalent and settled in Bitcoin.

 

 

 How to register Bybit?

 

1. Fill in the email and password and click register.

 

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2. The verification code sent to your email inbox and then fill in the verification code to complete the registration. After registration, go to the “Account and Security” page to set Google 2FA authentication, scan the QR code and enter the verification code to enable the 2FA function.

 

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Source : Bybit

 

You have successfully registered an account on Bybit.