Bybit Review 2025 - Is It Still Worth Using?
Our in-depth 2025 review of Bybit covers everything from trading and staking to welcome bonuses and app performance.
Start with Bybit →What’s New on Bybit in 2025?
Bybit has expanded its Earn platform, launched its Web3 wallet with DApp access, and rolled out new perpetual pairs and spot listings. The onboarding experience has also been improved with a simpler UI and more tutorials for beginners.
Core Features
- Spot & Derivatives Trading: Zero-downtime engine, multiple order types
- Bybit Earn: Staking and savings with fixed/flexible terms
- Launchpad & Launchpool: Get early access to tokens
- Task Center: Complete tasks for bonuses
- Web3 Wallet: On-chain access with non-custodial control
Security and KYC
Bybit uses cold wallet storage, address whitelisting, 2FA, and email confirmation for withdrawals. KYC is required for full access to Earn, withdrawals, and derivatives trading. Compliance checks are swift and user-friendly.
Bybit Fees
- Spot Trading: 0.1%
- Derivatives: Maker 0.01%, Taker 0.06%
- No deposit fees
- Dynamic withdrawal fees by asset
Mobile App Experience
The mobile app supports all features - trading, Earn, task center, and staking. It's intuitive, fast, and includes face/fingerprint unlock. Over 4.8★ rating on both iOS and Android.
Supported Regions & Availability
Bybit serves over 180 countries but is restricted in the U.S. and a few other regions. Users from eligible countries can enjoy full functionality including card payments, fiat on-ramps, and fast withdrawals.
How Bybit Compares
Compared to Binance, Bybit is leaner and more trader-focused. It offers fewer DeFi tools but excels in simplicity and bonus incentives. For beginners, the guided UI may even feel easier.
Pros and Cons
✅ Pros
- Fast, responsive UI
- High staking yields with low lockup
- Generous bonuses via Task Center
- Web3 wallet and Launchpad access
⚠️ Cons
- Not available in the U.S.
- Fewer altcoins than some competitors
Testimonials
“Bybit is my go-to exchange when I want to trade fast and get bonuses. It’s simple, powerful, and fun.” - Lian, Singapore
“The Task Center and Launchpad give real value. I earned 12% APY on stablecoins in Earn.” - Jonas, Germany
FAQs
Is Bybit safe?
Yes. It employs modern security practices and a strong internal risk management framework.
Can I earn passive income?
Absolutely. Bybit Earn provides yield on USDT, ETH, BTC, and altcoins.
Does Bybit have a mobile app?
Yes. The app is full-featured and highly rated for usability.
Are there bonuses for new users?
Yes. Complete KYC, deposit, and task goals to unlock rewards.
Our Verdict
Bybit is one of the top crypto exchanges in 2025 for traders who want fast execution, strong Earn products, and a generous bonus system. Great for both intermediate users and active DeFi explorers.