Bybit Exchange Review 2025 usually starts with one big question traders have – can you trust it? Since its launch in 2018, Bybit gained attention for fast derivatives trading and generous leverage. Today, it’s no longer just a futures exchange. Spot trading, staking, and copy trading have brought in a wider crowd, making it a platform that feels more complete. Many long-time traders say the change is noticeable compared to the early days.

Bybit is fast and charges low fees, but older users recall moments when wild markets caused order delays. Those past glitches made some traders wary even today. Bybit has improved over time, yet like every exchange, it still has rough edges.

Bybit Exchange Review – Security and Regulation in 2025

Security is one of the things traders talk about most. Bybit keeps most funds in cold wallets, meaning they’re offline and harder for hackers to touch. Withdrawing funds takes extra steps, slowing things down but giving peace of mind. People who’ve been burned on other platforms appreciate this caution, especially after big failures like FTX shook everyone’s trust in exchanges.

Bybit faces unclear rules in many regions. The team is chasing licenses in markets like Singapore to prove they follow the law, but crypto regulations differ everywhere and can change overnight. Many traders say this uncertainty makes them uneasy.

Fees and Leverage – The Good and The Bad

Bybit’s low fees are a strong draw, especially for frequent traders. Spot trading fees sit around 0.1%, with futures fees lower than many rivals. Makers get extra discounts that help active traders save more. Leverage goes up to 100x, which sounds exciting but can wipe out an account just as quickly. Experienced traders repeatedly advise using far less leverage than the maximum, focusing on strategy and risk management instead of chasing quick wins.

Exchange	Spot Fees	Futures Fees	Max Leverage
Bybit	0.1% / 0.1%	0.01% / 0.06%	100x
Binance	0.1% / 0.1%	0.02% / 0.07%	125x
OKX	0.08% / 0.1%	0.02% / 0.05%	125x

Strengths and Weak Spots You Should Know

Many traders praise Bybit for having strong liquidity on major cryptocurrencies, saying it’s usually easy to place big orders without waiting long. Customer support gets mixed but mostly positive reviews, with real people responding instead of just automated replies. Copy trading is another feature that new users often mention as a big help when starting out. Still, when markets go crazy with sudden price spikes or crashes, the platform can lag or struggle to process orders instantly. On lesser-known tokens, order books can feel thin, meaning you might move the price more than you want when buying or selling in size.

Uncertainty around regulations continues to bother many Bybit users. Traders who expect to stay active in crypto for years often talk about feeling nervous whenever governments release unclear or sudden new rules. Some describe moving their funds around, splitting balances between exchanges or shifting most of their holdings into personal wallets. They say it’s not about mistrusting Bybit directly, but about avoiding nasty surprises if laws change overnight or if restrictions hit without warning.

Final Thoughts on Bybit Exchange Review 2025

Bybit is far from perfect, but it’s a platform that has matured over time. Fees are competitive, features are growing, and security is stronger than in the past. That said, crypto trading is risky by nature, and no platform can change that.

If you’re looking for a place to trade besides Binance or OKX, many traders say Bybit is worth checking out. Just don’t throw in more than you can afford to lose, stay cautious with leverage, and keep your long-term holdings in your own wallet instead of leaving everything on the exchange.