Bybit
The Derivatives Specialist
Overview: Bybit is a relatively new exchange, founded in 2018, but it has quickly made a name for itself in the derivatives market. Bybit focuses on offering perpetual contracts with high liquidity and low fees.
Pros:
- High Liquidity: Bybit provides deep liquidity in its derivatives markets, ensuring minimal slippage.
- Low Fees: Competitive fees for derivatives trading, making it attractive for high-frequency traders.
- Innovative Features: Bybit offers a user-friendly interface with advanced charting tools and risk management features.
Cons:
- Limited Spot Trading: Bybit is primarily a derivatives exchange, so it lacks a wide range of spot trading options.
- Regulatory Issues: Like many other exchanges, Bybit faces regulatory challenges in certain jurisdictions.
Verdict: 9.2/10 - Bybit is the best choice for experienced traders looking to engage in derivatives trading.
