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    Home»Tutorials»How to Register and Trade Crypto at Bybit
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    How to Register and Trade Crypto at Bybit

    August 15, 2023No Comments11 Mins Read293 Views
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    REGISTER AN ACCOUNTOpen Demo Account

    Contents

    1. How to Register at Bybit
      1. How to Register a Bybit account【PC】
      2. How to Register a Bybit account【APP】
        1. Register by Email
        2. Register by Mobile Number
      3. How to Install Bybit APP on Mobile Devices (iOS/Android)
        1. For iOS devices
        2. For Android devices
      4. Frequently Asked Questions (FAQ)
        1. What is the Bybit Subaccount?
        2. What is the maximum number of Subaccounts allowed?
        3. Does Subaccounts have a minimum balance requirement?
    2. How to Trade Crypto at Bybit
      1. How to Trade on Spot
      2. How to Trade on Derivatives
      3. How to Trade on ByFi Center
      4. Frequently Asked Questions (FAQ)
        1. What are the differences between spot trading and contracts trading?
        2. What is Maker/Taker?
        3. What is the Bybit spot trading fee?
        4. What are Market Order, Limit Order and Conditional Order?
        5. Why cant I enter the quantity of cryptocurrency that I wish to purchase when using Market Buy Orders?

    How to Register at Bybit

    Do you see potential investment opportunities in the crypto market? Can’t wait to ride the crypto wave on Bybit? Wait, before trading, please make sure you already have a Bybit account.

    Don’t have an account yet? Please follow the steps below.

    How to Register a Bybit account【PC】

    For traders on the web, please head over to the Bybit. You can see the registration box on the left side of the page.
    How to Register and Trade Crypto at Bybit
    If you are on another page, such as the Home page, you can click “Sign Up” in the upper right corner to enter the registration page.
    How to Register and Trade Crypto at Bybit
    Please enter the following information:

    • Email address
    • A strong password
    • Referral code (optional)

    Make sure you have understood and agreed to the terms and privacy policy, and after checking that the information entered is correct, click “Continue”.
    How to Register and Trade Crypto at Bybit
    Enter the verification code sent to your email inbox. If you have not received the verification email, kindly check your email’s spam folder.
    How to Register and Trade Crypto at Bybit
    Congratulations! You have successfully registered an account on Bybit.
    How to Register and Trade Crypto at Bybit

    How to Register a Bybit account【APP】

    For traders using Bybit’s app, you can enter the registration page by clicking “Register / Sign in to get bonus” at the home page.
    How to Register and Trade Crypto at Bybit
    Next, please select the registration method. You can sign up using your email address or mobile number.


    REGISTER AN ACCOUNTOpen Demo Account

    Register by Email

    Please enter the following information:

    • Email address
    • A strong password
    • Referral code (optional)

    Make sure you have understood and agreed to the terms and privacy policy, and after checking that the information entered is correct, click “Continue”.
    How to Register and Trade Crypto at Bybit
    A verification page will pop up. Please drag the slider to complete the verification requirements.
    How to Register and Trade Crypto at Bybit
    Lastly, enter the verification code sent to your email inbox.

    Note:
    If you have not received the verification email, kindly check your email’s spam folder.
    How to Register and Trade Crypto at Bybit
    Congratulations! You have successfully registered an account on Bybit.
    How to Register and Trade Crypto at Bybit

    Register by Mobile Number

    Please select or enter the following information:

    • Country code
    • Mobile number
    • A strong password
    • Referral code (optional)

    Make sure you have understood and agree to the terms and privacy policy, and after checking that the information entered is correct, click “Continue”.
    How to Register and Trade Crypto at Bybit
    Finally, follow the instructions, drag the slider to complete the verification requirements and enter the SMS verification code sent to your mobile number.
    How to Register and Trade Crypto at Bybit
    How to Register and Trade Crypto at Bybit
    Congratulations! You have successfully registered an account on Bybit.
    How to Register and Trade Crypto at Bybit


    REGISTER AN ACCOUNTOpen Demo Account

    How to Install Bybit APP on Mobile Devices (iOS/Android)

    For iOS devices

    Step 1: Open “App Store”.

    Step 2: Input “Bybit” in the search box and search.
    How to Register and Trade Crypto at Bybit
    Step 3: Click on the “Get” button of the official Bybit app.

    Step 4: Wait patiently for the downloading to complete.
    How to Register and Trade Crypto at Bybit
    You can click “Open” or find the Bybit app on the home screen as soon as the installation is completed to start your journey to cryptocurrency!
    How to Register and Trade Crypto at Bybit
    How to Register and Trade Crypto at Bybit

    For Android devices

    Step 1: Open “Play Store”.

    Step 2: Input “Bybit” in the search box and search.
    How to Register and Trade Crypto at Bybit
    Step 3: Click on the “Install” button of the official Bybit app.

    Step 4: Wait patiently for the downloading to complete.
    How to Register and Trade Crypto at Bybit
    You can click “Open” or find the Bybit app on the home screen as soon as the installation is completed to start your journey to cryptocurrency!
    How to Register and Trade Crypto at Bybit
    How to Register and Trade Crypto at Bybit

    Frequently Asked Questions (FAQ)

    What is the Bybit Subaccount?

    Subaccounts allow you to manage smaller standalone Bybit accounts nested under a single Main Account to achieve certain trading objectives.

    What is the maximum number of Subaccounts allowed?

    Each Bybit Main Account can support up to 20 Subaccounts.

    Does Subaccounts have a minimum balance requirement?

    No, there is no minimum balance required to keep a Subaccount active.


    REGISTER AN ACCOUNTOpen Demo Account

    How to Trade Crypto at Bybit

    How to Trade on Spot

    For traders who are using the web trading page, please head over to the Bybit homepage, and click “Spot“ on the navigation bar, then choose the trading pairs to enter the spot trading page.
    How to Register and Trade Crypto at Bybit
    On the left side of the page, you can see all trading pairs, as well as the Last Traded Price (USDT) and 24-hour change percentage of the corresponding trading pairs. To quickly find the trading pair you desire, please directly enter the trading pair you want to view in the search box.
    How to Register and Trade Crypto at Bybit
    How to Register and Trade Crypto at Bybit
    Tip: Click the star icon. Then you can include frequently viewed trading pairs in the “Favorites” column, allowing you to easily select trading pairs for trading.

    For traders using Bybit’s app, select “Spot” at the bottom right to enter the trading page that defaults to BTC/USDT.

    How to Register and Trade Crypto at Bybit How to Register and Trade Crypto at Bybit

    Want to view other trading pairs? Please click on the trading pair in the upper left corner, and you will see a full list of trading pairs. Simply select the one you want to trade.

    How to Register and Trade Crypto at Bybit How to Register and Trade Crypto at Bybit

    Note
    — Please make sure that there are sufficient funds in your Spot account. If the funds are insufficient, traders who use the web can click “Deposit” or “Transfer” in the order zone to enter the asset page for Deposit or Transfer. For more deposit information, please refer here.

    The following example uses a BTC/USDT Market Order.

    1. Select “Market”.

    2.(a) Buy: Enter the amount of USDT paid to buy BTC.

    Sell: Enter the amount of BTC to sell to buy USDT, or

    (b) Use the percentage bar.

    For example, if you want to buy BTC, the available balance in the Spot account has 10,000 USDT, and you choose 50% — that is, buy 5,000 USDT equivalent of BTC.

    3. Click “Buy BTC” or ”Sell BTC”.

    (On Desktop)
    How to Register and Trade Crypto at Bybit
    (On Mobile App)
    How to Register and Trade Crypto at Bybit

    After confirming that the entered information is correct, click “Buy BTC” or ”Sell BTC”.

    (On Desktop)
    How to Register and Trade Crypto at Bybit
    (On Mobile App)
    How to Register and Trade Crypto at Bybit

    Congratulations! Your order has been filled.

    For traders on the web, please go to “Filled” to view the order details.
    How to Register and Trade Crypto at Bybit
    For traders using the app, click “All Orders” and then select “Order History” to view order details.
    How to Register and Trade Crypto at Bybit
    How to Register and Trade Crypto at Bybit


    REGISTER AN ACCOUNTOpen Demo Account

    How to Trade on Derivatives

    Bybit provides diversified derivative products. You can choose from a range of USDT Perpetual, Inverse Perpetual and Inverse Futures.

    For traders on the web, please head over to the Bybit homepage. Click “Derivatives” in the navigation bar, and select the contract type and trading pair from the drop-down menu to enter the Derivatives trading page.
    How to Register and Trade Crypto at Bybit
    Select Trading Pair

    • Choose from a range of USDT Perpetual and Inverse Contracts.

    How to Register and Trade Crypto at Bybit
    Manage Your Assets

    • View your equity and available balance in real time. Top up your account with ease.

    How to Register and Trade Crypto at Bybit
    Place Your Order

    • Set up your order conditions: Select cross or isolated margin mode, 1x to 100x leverage, order type and more. Click on the Buy/Sell button to complete the order.

    How to Register and Trade Crypto at Bybit
    Mark Price

    • The price that triggers liquidation. Mark Price tracks the spot index price closely and may differ from Last Traded Price.

    How to Register and Trade Crypto at Bybit
    Positions and Order History

    • Check the status of your current positions, orders, and history of orders and trades.

    How to Register and Trade Crypto at Bybit
    For traders using Bybit’s app, click on “Derivatives” in the middle bottom to enter the trading page that defaults to BTC/USD.

    How to Register and Trade Crypto at Bybit How to Register and Trade Crypto at Bybit

    Want to view other trading pairs? Please click on the trading pair in the upper left corner and you will see a full list of trading pairs. Then, simply select the one you want to trade.

    How to Register and Trade Crypto at Bybit How to Register and Trade Crypto at Bybit

    Move to the order zone and follow the steps below to start placing your order.

    (On Desktop)
    How to Register and Trade Crypto at Bybit
    (On Mobile App)
    How to Register and Trade Crypto at Bybit

    Taking the BTC/USD limit order as an example:

    1. Select Margin mode and set leverage.

    (On Desktop)

    How to Register and Trade Crypto at Bybit How to Register and Trade Crypto at Bybit

    (On Mobile App)

    How to Register and Trade Crypto at Bybit How to Register and Trade Crypto at Bybit

    2. Select order type: Limit, Market or Conditional.

    3. Enter order price.

    4. (a) Enter quantity, or (b) Use the percentage bar to quickly set an order’s contract quantity with the corresponding proportion of the account’s available margin.

    5. Set Buy Long with TP/SL, or Sell Short with TP/SL (optional).

    6. Click “Open Long” or “Open Short”.

    Next, a confirmation window will appear. After checking the order information, click “Confirm”.

    (On Desktop)
    How to Register and Trade Crypto at Bybit
    (On Mobile App)
    How to Register and Trade Crypto at Bybit

    Your order has been submitted successfully!

    After your order is filled, you can view the order details in the position tab.


    REGISTER AN ACCOUNTOpen Demo Account

    How to Trade on ByFi Center

    ByFi Center provides you with Cloud Mining and Decentralized Finance (DeFi) products.

    Let’s take DeFi Mining as an example.

    First, click “ByFi Center” – “Defi Mining” to visit the DeFi Mining page.
    How to Register and Trade Crypto at Bybit
    How to Register and Trade Crypto at Bybit
    Please make sure that your ByFi account has sufficient funds before you purchase a plan.

    If there are not enough funds in your account:

    • You can log into your ByFi account and then click “Transfer” in the USDT column to transfer assets, as shown below.

    How to Register and Trade Crypto at Bybit
    How to Register and Trade Crypto at Bybit
    After that, the Transfer window will pop up. You will only need to follow these steps:

    1. Choose to transfer funds from Derivatives Account to ByFi Account.

    2. The default currency is USDT. Currently, only payments in USDT are supported.

    3. Enter the amount you want to transfer and click “Confirm”.
    How to Register and Trade Crypto at Bybit
    After the fund transfer operation is completed, you can return to the product page to make a purchase.

    • You can also click “Buy Now” to purchase the product directly. For example, select a product with a service duration of 5 days and an Annualized Percentage Yield of 20% to 25%.

    How to Register and Trade Crypto at Bybit
    You will be brought to the product details page. Click “Buy Now”.
    How to Register and Trade Crypto at Bybit
    If the balance in your account is insufficient, you only need to click “Transfer” to proceed with the steps to top up your ByFi account.
    How to Register and Trade Crypto at Bybit
    After the funds are successfully transferred, return to the Product Details page and click “Buy Now” once more.

    Please confirm the order information and click “Purchase”.
    How to Register and Trade Crypto at Bybit
    The order has been successfully purchased!
    How to Register and Trade Crypto at Bybit
    After you click “OK”, the page will automatically redirect to the Order page for you to view the order details.
    How to Register and Trade Crypto at Bybit


    REGISTER AN ACCOUNTOpen Demo Account

    Frequently Asked Questions (FAQ)

    What are the differences between spot trading and contracts trading?

    Trading spot is a bit different than contracts trading, as you do actually need to own the underlying asset. Crypto spot trading requires traders to purchase a crypto, such as Bitcoin, and hold it until the value increases, or use it to buy other altcoins that they think may rise in value.

    In the crypto derivatives market, investors do not own the actual crypto. Rather, they trade based on speculation of the crypto market price. Traders can choose to go long if they expect the value of the asset to rise, or they can go short if the value of the asset is expected to fall.

    All transactions are done on contract, so there is no need to purchase or sell any actual assets.

    What is Maker/Taker?

    Traders preset the quantity and order price and place the order into the order book. The order waits in the order book to be matched, thus increasing the market depth. This is known as a maker, which provides liquidity for other traders.

    A taker occurs when an order is executed instantly against an existing order in the order book, thus decreasing the market depth.

    What is the Bybit spot trading fee?

    Bybit charges Taker and Maker a 0.1% trading fee.

    What are Market Order, Limit Order and Conditional Order?

    Bybit provides three different order types — Market Order, Limit Order, and Conditional Order — to meet the various needs of traders.

    Order Type Definition Executed Price Quantity Specification
    Market Order Traders are able to set the order quantity, but not the order price. The order will be filled immediately at the best available price in the order book. Filled at the best available price. — Base currency (USDT) for Buy Order

    — Quote currency for Sell Order

    Limit Order Traders are able to set both the order quantity and order price. When the last traded price reaches the set order limit price, the order will be executed. Filled at the limit price or best available price. — Quote currency for Buy and Sell Order
    Conditional Order Once the last traded price meets the preset trigger price, a conditional market and conditional taker limit order will be filled immediately, while a conditional maker limit order will be submitted to the order book once triggered to be filled pending execution. Filled at the limit price or best available price. — Base currency (USDT) for Market Buy Order

    — Quote currency for Limit Buy Order and Market/Limit Sell Order

    Why cant I enter the quantity of cryptocurrency that I wish to purchase when using Market Buy Orders?

    Market Buy Orders are filled with the best available price in the order book. It’s more accurate for traders to fill in the amount of assets (USDT) they wish to use to purchase the cryptocurrency, instead of the amount of cryptocurrency to purchase.


    REGISTER AN ACCOUNTOpen Demo Account

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