Bitcoin Forum

I have some questions:

- Who is the owner of the exchange?

- Where is your exchange located? I saw this:


http://whois.domaintools.com/bybit.com

Are you located in the USA?

many new exchanges focus a lot on fee, but they forget to offer something different, in this very competitive market many owners of the exchanges are not anonymous. if you want to compete with someone, then offer a better service than your opponent

Exchanger business if really profitable if you do able to hit up the right spot but it seems these new exchangers doesnt really care about transparency on the initial phase.So its not surprising that lots
of them wont really give any consideration or attention to the market. I would like to hear out on whats their answer regarding on what you have asked.
First thing i do notice i thought it was a gambling site yet it do have a roulette wheel showing up some bonus. lol

Slow Death and milewilda, many thanks for the first feedback.

Regarding registration:
Bybit is registered in BVI, headquartered in Singapore with additional offices in Shanghai and Hong Kong.

Co-founders:
Ben Zhou - a former executive of well-known retail FX firm XM.com
Bonnie Wang - a computer scientist specializing in high-frequency trading and electronic trading systems (from Morgan Stanley)
Ken Zhou - a derivatives trader with over a decade of experience

Customer support:
Bybit specifically offers better customer support than our competition as we believe there is a lack of a human touch in not only trading crypto, but in trading in general. The focus of Bybit are the customers using the platform because as traders ourselves we understand the needs of people like you.

Educating people is also one of our primary concerns so that they can trade responsibly by properly understanding key market concepts which we do through Bybit Academy, which includes weekly published articles written in simple terms. The platform itself is very transparent with a livestream of the API data, meaning there's no unfair advantages and no internal trading team manipulating the market. In fact, transparency is a core value for us and not something we "strive" for, we do it.

Our Chat, Twitter and Telegram are always available so that you can reach out to us through and get immediate answers from people in the company if you don't have a technical issue that would require our CS team. We also have individual Twitter accounts so that you can talk to specific individuals in the organization.

Follow or get in touch with us here:
https://medium.com/bybit (https://medium.com/bybit)
https://t.me/BybitTradingChat (https://t.me/BybitTradingChat)
https://twitter.com/Bybit_Official (https://twitter.com/Bybit_Official)
https://steemit.com/@bybit-official (https://steemit.com/@bybit-official)
https://www.reddit.com/r/Bybit/ (https://www.reddit.com/r/Bybit/)
https://www.linkedin.com/company/bybit-fintech-limited/ (https://www.linkedin.com/company/bybit-fintech-limited/)
https://www.youtube.com/channel/UChwL8TDRufr2PDkU6GJUkLQ/ (https://www.youtube.com/channel/UChwL8TDRufr2PDkU6GJUkLQ/)
https://www.facebook.com/bybitfintech/ (https://www.facebook.com/bybitfintech/)
https://www.instagram.com/bybit_official/ (https://www.instagram.com/bybit_official/)

1 more Spin

Starting from December 19 and lasting for a week, Bybit will launch its Christmas promotion with a series of 7 Christmas and cryptocurrency themed posters.
One poster will be posted each day on both Twitter  (https://twitter.com/Bybit_Official)and Instagram (https://www.instagram.com/bybit_official/).

Those wishing to participate in the promotion simply have to follow the official Bybit account and share the poster of their choice, or all of them, with #cryptomas #bybit and their UID in the post to be eligible for an additional spin in Bybit’s wheel of fortune! (https://www.bybit.com/app/giveaway?ref=RlnrV)

Dear trendcoin,

Please contact our customer support, they will be able to help you immediately.


Please note:
Only deposited funds and/or profits from trading can be withdrawn [min amount > 0.0025 BTC].
The credit won through Wheel of Fortune promotion can be used for trading only.

Current stats on Bybit.com:

Average daily trading volume: 2500BTC
Registered users: 27,124
Liquidity: $5M+


--------------------REMINDER-----------------------

Our Wheel of Fortune promotion ends in a week.
You can still win up to $7,000 as a credit for trading.
Whatever you profit from trading - is yours!

--------------------REMINDER-----------------------

Best of lucks to you guys.
Have one question only:

How are you guys safer and more fair than the rest of your competition?
Best!

Lucusfoundation,

Thank you. Regarding your questions:

Fair: no system overload and our maintenance margin is fixed at 0.5%, meaning that people get liquidated less often. We also use an ADL system to deleverage the riskiest and most profitable traders instead of having everyone pay.


Safer: We use a dual-price mechanism to protect from market manipulations, use a multi-sig cold wallet keeping all funds safe without any funds online, and have a recurrent audit by security teams testing our systems. Lastly, our entire system is custom-made in house by professionals from previous world-wide financial companies.

Bybit.com released:

Latest IT pipeline from Bybit:

[May]  Tradingview settings saving function

[June]  Tradingview order editing/draggable (order price/qty editing)

[July]  Coinswap

[Aug]  TP/SL supports Limit order & trigger by Mark price

[Sept]  Mobile App (android&IOS)

Another great review of Bybit - https://bitcoinbuyersguide.com/review/bybit/
Outlining the qualities of the platform. Very happy to see Bybit grow and compete directly with strong market players such as Bitmex.

Join your local trading community:

➡️  t.me/Bybit_Arabia (http://t.me/Bybit_Arabia)
➡️  t.me/Bybit_Argentina (http://t.me/Bybit_Argentina)
➡️  t.me/Bybit_French (http://t.me/Bybit_French)
➡️  t.me/Bybit_India (http://t.me/Bybit_India)
➡️  t.me/Bybit_Israel (http://t.me/Bybit_Israel)
➡️  t.me/Bybit_Italian  (http://t.me/Bybit_Italian)
➡️  t.me/Bybit_Russia (http://t.me/Bybit_Russia)
➡️  t.me/Bybit_Spain (http://t.me/Bybit_Spain)
➡️  t.me/Bybit_Ukraine (http://t.me/Bybit_Ukraine)

You might want to change your slogan to something else. We all know this is not true. Today Bybit was to put the limit and what i saw was no surprise  ;D
It was the mother of crushes
- Wallet balances not syncing
- PnL not showing at all
- Orders not getting executed
- Orderbook prices were way off the prices from other exchanges for example at one point for about 10 minutes ETH contract price was at $125 while all other exchanges still had their at $140

How's that for an exchange with no overloads and downtime?

In a new contest, Bybit requests to repost the info about the contest in their social networks. What am I supposed to repost if there are no original posts about the contest made by Bybit from their accounts in any social networks?

You are supposed to repost their pinned message.
Log into your Bybit account on PC and follow this link: https://www.bybit.com/prize_page
You will also be asked to fill up a Google form i order to claim your bonus: https://docs.google.com/forms/d/e/1FAIpQLScP4wJ2-LltDsbrAzHUtDRPX5JSDPSvubZm2FLIS-uKUHTp9g/viewform

The instructions on how to retweet and obtain the retweet link are here: https://help.bybit.com/hc/en-us/articles/360025868873/

No, they meant exactly the post about the contest, not just pinned post. I didn't find such post on FB, Twitter and LinkedIn. But later I found it on VK,Telegram and Instagram. It seems, current contest is promoted only via those channels.

The exchange that used to boost about not having any downtimes or overloads disappointed traders yet again a few hours ago when the market was little volatile. Traders weren't able to open and close their positions. To me, it seems Bybit is going to the old days of bitmex when it would freeze whenever the market was volatile

Here's one of the tweets from one of the affected traders - https://twitter.com/Johnny___Crypto/status/1645476516921212953