Bybit For Beginners: A Step-By-Step Walkthrough
From sign-up to your first trade, a beginner-friendly walkthrough of the Bybit platform.
Ready to trade? New Bybit users get a free welcome package with fee rebates and deposit bonuses.
Claim Free Welcome Bonus →Step 1: Create your account
Sign up using the link below, complete email or phone verification, and set up 2FA immediately. Use a unique password and an authenticator app rather than SMS where possible.
Step 2: Verify your identity
KYC is required to unlock fiat on-ramps and higher withdrawal limits. Have your ID and a recent utility bill or bank statement ready. Verification typically completes within minutes.
Step 3: Deposit funds
You can deposit via bank transfer, card, P2P, or by depositing existing crypto. Bank transfer is usually the cheapest; stablecoin deposits are the fastest.
Step 4: Place your first spot trade
Use the Spot tab and choose a major pair like BTC/USDT. Place a small market or limit order to familiarise yourself with the flow before sizing up.
Step 5: Withdraw safely
Set up a withdrawal whitelist for your self-custody wallet. Test with a small amount first. Bitcoin and Ethereum withdrawals are irreversible once confirmed.
Frequently asked questions
Is Bybit hard to use?
The spot interface is straightforward. Derivatives have a steeper learning curve, avoid them until you are comfortable with spot.
What documents do I need?
Government ID and, for higher tiers, proof of address.
Are there fees to deposit?
Crypto deposits are free. Fiat deposits depend on the method.
What if I get stuck?
Bybit's support is 24/7 via chat and email. The help centre covers most common issues.
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