Is Bybit Australia a good trading platform?

Bybit is one of the world’s leading exchange platforms that offers 100x leverage on derivatives for more than 600 pairs. In addition to futures, Bybit provides Spot, Margin, Options, Copy trading and superior security and insurance funds. Read this detailed Bybit Australia Review to determine if it suits you. What is Bybit Australia?

What is Bybit & how does it work?

What is Bybit? Bybit is a cryptocurrency exchange offering spot trading and derivatives trading with a focus on margin trading, offering up to 100x leverage on BTC/USD and ETH/USD trading pairs. Bybit was founded in Singapore in March 2018, and comprises professionals from investment banks, tech firms, forex industry and early blockchain adopters.

Is Bybit legit?

Bybit, based in Singapore and formally registered in the British Virgin Islands, is a reputable cryptocurrency trading site. Despite the fact that the ByBit platform’s security has never been compromised, you should be aware that it works outside of any formal regulatory structure.

Does Bybit support AUD?

Bybit’s main trading platform does not support most fiat currencies, including AUD. Instead, users will need to transfer their local currency into crypto through Bybit or a different crypto exchange in Australia.