# Bybit Introduction

Bybit is a state-of-the-art cryptocurrency trading exchange. With transparent pricing, a powerful trading engine, low trading fees, mutual insurance, a supportive help desk, a great n excellent referral program, and more, Bybit has become one of the top best exchanges out there.

Bybit’s intuitive user interface makes trading a smooth process. Its feature-rich trader interface and testnet module make this exchange stand out from the crowd.

Whether one is exchanging Bitcoin, Ethereum, futures, or some other altcoin, Bybit offers a smooth, efficient platform.

# Trading on Bybit

Bybit’s trading platform allows for a unique crypto exchange experience. Making a crypto deposit on Bybit opens up a world of spot and perpetual contracts that traders can enjoy without having to perform a KYC.

Bybit offers traders high versatility, with market, limit, and conditional orders to trade with. Conditional orders automatically create a limit order once a certain level is met, giving users flexibility of time.

Bybit’s futures platform offers up to 100x leverage, allowing one to potentially claim huge amounts with a relatively small position.

Cryptocurrency margin positions have a low associated funding fee. Perpetual contracts on Bybit ensure that one’s position/deposit will not arbitrarily expire.

Bybit even has a testnet platform, where customers can buy and sell crypto assets without having to deposit real USD onto the website.

One can get the hang of Bitcoin (BTC) positions on the exchange entirely for free, without risking real funds.

Alongside these features, the exchange also has a competitive fee structure. Futures contracts actually pay users for maker positions (0.025%) instead of charging a fee. Taker fees are 0.075% and there is a funding interval three times a day.

# Bybit Rewards Hub

The Rewards Hub is home to exciting bonuses that one can get simply by crypto trading on Bybit. There are bonuses all the time, with new ones popping in every week. The Bybit bonus may be a great way to boost earnings risk-free.

One can claim their promo reward coupon directly on the website without even necessarily having to make a trade. For example, one can get a deposit bonus of up to $50 simply for making a first deposit on the platform.

There’s a bonus on Bybit for following them on social media, being an active Bitcoin & cryptocurrency trader, purchasing mutual insurance on the account, and more.