🚀 Bybit is one of the most popular crypto exchanges, offering spot and futures trading, P2P transactions, trading bots, and more.
In this guide, we will cover how to start trading on Bybit, which strategies to use, and how to avoid common mistakes.
📌 Step 1: Register and Deposit Funds
Before you start trading, you need to register an account and deposit funds.
🔹 If you don’t have an account yet, sign up using this link and get a bonus!
🔹 Fund your account: You can deposit crypto, buy via P2P, or use a bank card.
📌 How to deposit? Read our deposit guide.
📌 Step 2: Choosing a Trading Method
Bybit offers several trading options. Choose the one that suits you best:
1️⃣ Spot Trading – For Long-Term Investors
✔️ Buying and selling crypto at the current market price.
✔️ No leverage, only your real assets.
✔️ Ideal for beginners and long-term investors.
📌 How to trade on spot?
1️⃣ Go to “Trade” → “Spot”
2️⃣ Select a trading pair (e.g., BTC/USDT)
3️⃣ Enter the amount and click “Buy” or “Sell”
💡 Spot trading is the safest way to invest in crypto.
2️⃣ Futures Trading – For Experienced Traders
✔️ Allows you to profit from both rising and falling prices.
✔️ Up to 100x leverage available.
✔️ Suitable for active traders, but high risk involved.
📌 How to trade futures?
1️⃣ Go to “Derivatives” → “USDT Perpetual”
2️⃣ Choose a trading pair (e.g., ETH/USDT)
3️⃣ Set leverage (1x – 100x)
4️⃣ Open a long (BUY) or short (SELL) position
⚠️ Warning! High leverage can amplify both gains and losses.
3️⃣ P2P Trading – Buy and Sell Crypto with Zero Fees
✔️ Allows you to trade crypto directly with other users.
✔️ No commission, transactions go through Bybit’s escrow system.
✔️ Ideal for fiat-to-crypto and crypto-to-fiat transactions.
📌 How to trade on P2P?
1️⃣ Go to “Buy Crypto” → “P2P Trading”
2️⃣ Select a currency and payment method
3️⃣ Choose a seller with a high rating
4️⃣ Complete the transaction and receive crypto in your account
💡 P2P is the best option if you need to convert crypto to fiat.
4️⃣ Trading with Crypto Bots – Automated Trading
✔️ Bots trade for you based on predefined strategies.
✔️ Options include Grid Trading and DCA.
✔️ Great for passive income.
📌 How to use a trading bot?
1️⃣ Go to “Trade” → “Trading Bots”
2️⃣ Select a strategy (Grid, DCA, etc.)
3️⃣ Set parameters (limits, steps, risk levels)
4️⃣ Start the bot – it will trade automatically!
💡 Trading bots are a great solution for those who don’t want to monitor the market 24/7.
📌 Step 3: Understanding Key Trading Tools
🔹 Limit and Market Orders
✔️ Limit Order – Set a fixed price for buying/selling.
✔️ Market Order – Buy/sell instantly at the best available price.
🔹 Stop-Loss and Take-Profit
✔️ Stop-Loss – Automatically closes a position to prevent losses.
✔️ Take-Profit – Automatically locks in profits at a target price.
🔹 Indicators and Trading Strategies
✔️ MA (Moving Averages) – Helps identify trends.
✔️ RSI (Relative Strength Index) – Shows if an asset is overbought/oversold.
✔️ Trading Volume – Helps determine market direction.
📌 The better you understand these tools, the higher your chances of successful trading!
📌 Bonus! Get a Reward for Your First Trade
💰 Earn up to $500 in bonuses for your first trade!
✔️ Sign up using our link → CRYPTONNA
✔️ Place your first trade and receive a trading bonus
✔️ Get additional VIP discounts and exclusive promotions
📌 The more you trade, the bigger the rewards! 🚀
💡 Conclusion
Now you know how to trade on Bybit, which strategies to use, and how to minimize risks. Bybit offers flexible trading tools and an intuitive interface, making it a great choice for traders of all levels.
🔥 Next Article: Top 5 Trading Strategies for Bybit – In-Depth Guide
💬 Have you tried trading on Bybit? Which type of trading do you prefer? Let us know in the comments!
