How genuine is Bybit?

I've been hearing a lot about Bybit recently, but I'm still unsure about its authenticity. Can you tell me more about the platform's legitimacy? Are there any red flags or concerns I should be aware of when using Bybit for cryptocurrency trading? How does it compare to other popular exchanges in terms of security, fees, and user experience? I'm looking for a reliable and trustworthy platform to manage my digital assets, so I'd appreciate any insights you can provide.