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    Everything You Need to Know to Get Started on Bybit
    bybit2024-10-31 04:53:11

    Welcome to Bybit — a global cryptocurrency exchange that offers a comprehensive suite of products ranging from Spot to Derivatives trading where you can grow your assets.

     

     

    Get started in 5 quick and easy steps!

    Step 1: Register for an Account

    Step 2: Complete Identity Verification and Advanced Protection

    Step 3: Deposit Crypto

    Step 4: Buy Crypto

    Step 5: Explore Bybit Beginner-Recommended Products

     

     

     

    Step 1: Register for an Account

    To register for a Bybit account, you can go to the Bybit Website and register with your email address or phone number. Do note that only one (1) email address and/or phone number will be allowed to open one (1) Bybit account.

    Before you register, please also note that Bybit does not offer services or products to users in certain excluded jurisdictions. For more information, please refer to Service Restricted Countries.

     

     

     

     

     

    Step 2: Complete Identity Verification 

    You can complete Identity Verification on your Bybit account to unlock fiat deposits and increase withdrawal limits. This verification process typically takes a few minutes to complete, which includes verifying your basic account information, providing ID documentation, and uploading a selfie.

    By completing Identity Verification, it enables you to all of Bybit’s products and services. In the case of lost credentials, an identity-verified account provides a simpler process to help you recover your account.

    Be sure to enhance the security of your Bybit account. While we do everything to keep your account secure, you also have the power to tighten up your Bybit account security and lessen the possibility of hacking. See our Security Tips for more information.

     

     

     

     

     

    Step 3: Deposit Crypto

    If you already hold crypto in another wallet, you can deposit it into your Bybit Account. Please refer to this article for more information on how to make a deposit into your Bybit account. If you do not have any crypto in another wallet, please refer to step 4 on how to buy crypto on Bybit. 

    Please note that you should never share your Bybit account passwords, private keys, or 2FA codes with anyone. Bybit will never ask you to disclose any sensitive information.

     

     

     

     

     

    Step 4: Buy Crypto

    Buy Crypto is a service that allows users to buy cryptocurrency using fiat currency. Bybit supports different methods, and each method supports different fiat currencies.

    One-Click Buy allows users to buy and sell coins through our supported payment method — Fiat Balance.

    See our How to Buy and Sell Coins With One-Click Buy on Bybit article for a step-by-step guide on how to buy crypto through One-Click Buy.

       

      You may deposit Fiat into your Bybit account using a supported payment method depending on the respective currency. Once deposited, the fiat will be deposited to your Funding Account and you can use your fiat balance to buy crypto directly.

       

       

       

       

       

      Step 5: Explore Bybit Beginner-Recommended Products

      Once you have deposited crypto into your Bybit account, you can start exploring the trading products offered by Bybit. Here are some beginner-recommended product:

      In our Spot market, you can trade with hundreds of cryptocurrencies. Crypto Spot trading is a transaction between buyers and sellers to trade one cryptocurrency for another at the current market price. You may refer to this article on How to Trade on Spot.

           

          Looking for more advanced products? Feel free to explore more!

           

           

          Our Final Tips:

          To round off your trading experience on Bybit, we recommend exploring the following pages:

          1. Bybit Learn — Your one-stop portal to learn all about blockchain and crypto,
          2. Latest Activities — Participate in ongoing events and earn rewards

          If you face any issues or have any concerns, please submit a ticket via this form, and our Customer Support team will reach out to you as soon as possible. 

           

           

          Please note that trading cryptocurrencies involves significant risks and may result in the loss of your capital. You should always do your own research to understand the risks involved before you trade.

           

          Finally, we are glad to have you onboard our Crypto Ark!

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