ByBit Review - Best Crypto Exchanges

#cryptoexchanges #bybit #bybitreview

To learn more about CRYPTO EXCANGES ByBit, follow the link: https://tradersunion.com/brokers/crypto/view/bybit/?utm_source=youtube&utm_medium=video&utm_campaign=video_description

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Video key moments
00:00​ - Start
00:18 - ByBit
00:57 - Bybit’s strengths over its competitors
01:30 - Bybit’s weaknesses
02:01 - Rebate and Discount Programs
02:36 - Bybit Customer Reviews

ABOUT VIDEO:

Today we will consider BEST CRYPTOCURRENCY EXCHANGES

A CRYPTOCURRENCY EXCHANGE is a place to exchange one cryptocurrency for another. The exchange is also carried out for traditional world currencies (dollar, euro, yuan). First of all, you should understand how a cryptocurrency platform operates and how to choose the best cryptocurrency exchange for making money trading bitcoins. Our Cryptocurrency Exchanges Rating lists is the most popular platforms for cryptocurrency trading.

In this video we’ll speak about BYBIT CRYPTOCURRENCY EXCHANGE.

The BYBIT cryptocurrency exchange first appeared in 2018. It is a standalone derivatives trading platform with inverse and perpetual futures contracts with up to 1:200 leverage. Quarterly USD futures are available at Bybit in combination with BTC, ETH, XRP, EOS, LTC, and multiple tokens. There is a linear futures contract on BTC/USDT.

BYBIT’S STRENGTHS OVER ITS COMPETITORS ARE:
- It has a convenient, intuitive proprietary trading platform that is presented in the browser version, which eliminates conflicts with the operating system and braking when sending orders;
- Combination of futures and perpetual contracts trading;
- There is an order book that allows you to assess the depth of the market and current trading volumes;
- It has a minimum entry threshold. The cost of a BTC/USD futures contract is USD 1;

BYBIT’S WEAKNESSES:
- It has conditions for trading futures that are difficult for beginners, such as the formula for calculating the leverage, the terminology of the funding size and the premium index, funding rates, etc.;
- Lacks a mechanism to protect the interests of traders in the event of controversial issues;
- The mechanism of classic cryptocurrency trading is almost undeveloped. Only USDT, ВТС, and ЕТН are available for purchase.

REBATE AND DISCOUNT PROGRAMS JF THE TRADERS UNION FOR BYBIT

Each Maker/Taker can receive compensation for a part of the trading commission for active trading. To do this, register on the Traders Union website. It's free. Then find the referral link in the Bybit review and open an account on the cryptocurrency platform using it.

BYBIT PAYS the Traders Union 45% of the commission received from the trader. Then, Traders Union compensates the trader 80% of this amount.

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#bybit #bybit_review #cryptoexchanges #crypto_exchane_review #crypto_trading #trader #crypto_trader #trading #traders_union #tradersunion #forex #choose_a_forex_broker #choose_a_crypto_broker #investing #investor #bitcoin #btc

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