Bybit is a top-5 global cryptocurrency exchange known for its derivatives trading, with over 40 million registered users. The first step to trading on Bybit is to register at Binance — the entire process takes only 2-3 minutes and is very straightforward.
This article walks you through Bybit's registration process and essential post-registration setup.
What Do You Need to Register on Bybit?
You only need an email address or phone number. Compared to other exchanges, Bybit has the lowest registration barrier.
Basic Registration Materials:
- Email address: Gmail, Outlook, or other international email providers recommended
- Or phone number: Supports area codes for 200+ countries
Post-Registration Materials (KYC):
- Valid passport, national ID, or driver's license
- Phone front camera (for facial recognition)
- Proof of address document (for advanced verification)
Registration is free — Bybit charges no account opening fees.
What Are the Detailed Registration Steps?
Bybit's registration process is very streamlined — just 5 steps. Here's a detailed walkthrough of each.
Step 1: Go to the Bybit Registration Page
Visit the Bybit official website and click the "Sign Up" button in the top-right corner. You can also download the Binance app — iPhone users can refer to the iOS installation guide — and register within the App.
The App registration experience is smoother, especially for KYC photo capture later.
Step 2: Choose Registration Method
Bybit supports:
- Email registration: Enter your email address (recommended)
- Phone registration: Select country code and enter phone number
- Google account: One-click authorization
- Apple ID: Available for iOS users
Email registration is recommended for easier management and best stability.
Step 3: Set Your Password
Bybit password requirements:
- At least 8 characters
- Contains uppercase and lowercase letters
- Contains at least one number
- No spaces allowed
Set a strong password and keep it safe. Consider using a password manager (like 1Password or Bitwarden) to generate and store passwords.
Step 4: Enter Verification Code
After clicking "Register," Bybit sends a verification code to your email or phone. The code is 6 digits and valid for 5 minutes.
Enter the code on the page once received. If not received, check your spam folder or click resend.
Step 5: Registration Complete
Once the verification code is correctly entered, your Bybit account is created. The system automatically redirects to the trading interface where you can start browsing market data.
To begin actual trading, you'll need to complete KYC identity verification.
What Security Settings Should You Configure After Registration?
Bybit offers a comprehensive account security system. Complete these security configurations immediately after registration to prevent account theft and fund loss.
Security Setup Priority Order:
-
Bind Google Authenticator (Most Important)
- Download the Google Authenticator App
- Scan the QR code in Bybit security settings
- Record and save the 16-character recovery key
- Dynamic code required for every login and withdrawal
-
Set a Fund Password
- Independent from your login password
- Required for withdrawals and transfers
- Set something different from your login password
-
Bind Phone and Email
- If registered with email, bind your phone number
- If registered with phone, bind your email
- Dual binding greatly enhances security
-
Enable Anti-Phishing Code
- Once set, every Bybit email includes your anti-phishing code
- Helps identify genuine vs. fake Bybit emails
-
Review Authorized Devices
- Periodically check the "Device Management" list
- Remove unrecognized devices
What Makes Bybit Unique?
Bybit has several distinctive competitive advantages that have fueled its rapid growth. Understanding these can help you decide whether to use Bybit as your primary exchange.
Trading Experience:
- Industry-leading derivatives depth, with BTC perpetual daily volume exceeding $10 billion
- Trading engine processes 100,000 orders/second with near-zero latency
- Supports up to 100x leverage (use with caution)
Fee Structure:
- Spot trading fee: 0.1% (same as Binance)
- Futures Maker fee: 0.01%, Taker fee: 0.06%
- VIP users enjoy even lower rates
Security:
- No major security incidents to date
- Hot/cold wallet separation
- Merkle tree proof of reserves
User Experience:
- Clean, intuitive interface design
- Comprehensive beginner guidance
- Supports simulated trading (Testnet)
Common Registration Issues and Solutions
You may occasionally encounter small issues during registration. Here are the most common situations and solutions.
Issue 1: Registration page won't load
- Check your internet connection
- Try a different browser
- Clear browser cache
- Confirm whether network tools are needed
Issue 2: Can't receive email verification code
- Check spam folder
- Verify email address is spelled correctly
- Wait 5 minutes and resend
- Switch to phone registration
Issue 3: "This email is already registered"
This means you may have registered before. Try password recovery, or use a different email. Note that Bybit doesn't allow one person to hold multiple accounts.
Issue 4: Google/Apple authorization registration fails
- Confirm your Google/Apple account works normally
- Check if browser is blocking popups
- Try email or phone registration instead
Does Bybit Have Regional Restrictions?
Bybit provides services in most countries and regions globally, but some areas are restricted. Check whether your region is supported before registering.
Unsupported countries and regions include:
- United States and its territories
- Singapore
- Ontario, Canada
- United Kingdom (some services restricted)
- North Korea, Iran, Syria, and other sanctioned countries
If your region is supported, register at Binance right away.
Security Reminders
When registering and using Bybit, follow these security principles to protect your account and funds:
- Only register through official channels: Don't register through unofficial links — beware of phishing websites
- Unique password: Don't reuse your Bybit password on any other website
- Must enable 2FA: Google Authenticator is the most basic security layer — without it you're unprotected
- Safeguard your recovery key: Write down and store the Google Authenticator recovery key in a safe place
- Never share passwords or verification codes: Bybit support will never ask for this information
- Regularly check account activity: Monitor login notifications and fund movement alerts
How Long Does Bybit Registration Take?
Basic registration takes only 2-3 minutes — enter email or phone, set password, enter verification code, and you're done. Including KYC verification time, the entire process takes about 15-30 minutes. KYC review typically completes within a few hours.
Can I Trade on Bybit Without KYC?
Currently, Bybit requires all users to complete at least Level 1 KYC verification to trade. Unverified users can only browse market data and use limited features. Deposits, trading, and withdrawals all require KYC verification.
Does Bybit Support CNY Deposits?
Bybit supports buying cryptocurrency with CNY through P2P (peer-to-peer) trading. After completing KYC, go to "Buy Crypto" and select P2P trading to purchase USDT and other cryptocurrencies via bank card, Alipay, or WeChat Pay.
Does Bybit Have Simulated Trading?
Yes. Bybit provides a Testnet simulated trading feature available after registration. Simulated trading uses virtual funds, allowing you to practice trading strategies and familiarize yourself with the interface in a zero-risk environment.
What If I Forget My Bybit Password?
Click "Forgot Password" on the login page, enter the email or phone number used during registration, and follow the prompts to verify your identity and reset your password. If both email and phone are inaccessible, contact Bybit support with identity documents to recover your account.