Bybit at a Glance
Detailed Review
Bybit has grown from a derivatives-focused exchange into a comprehensive crypto platform with a strong presence among Thai traders. While not SEC-licensed in Thailand, Bybit attracts users with its competitive fees, vast selection of trading pairs, and advanced trading features including perpetual contracts and options. The P2P marketplace supports THB trading, allowing Thai users to buy Bitcoin directly from other users using Thai bank transfers and PromptPay. The exchange offers a copy trading feature that lets beginners follow successful traders' strategies. Bybit's mobile app is well-designed with a clean interface. The platform regularly runs trading competitions and bonus campaigns that are popular in the Thai crypto community. Security features include cold storage for funds, 2FA, and withdrawal address whitelisting. The main risk is the lack of Thai SEC licensing, which means no local regulatory protection.
Pros & Cons
Advantages
- Competitive trading fees
- P2P marketplace supports THB
- Advanced derivatives trading
- Copy trading feature
- Strong mobile app
Disadvantages
- Not SEC Thailand licensed
- No direct PromptPay integration
- Complex for beginners
- Regulatory risk in Thailand
Key Details
| Founded | 2018 |
| Headquarters | Dubai, UAE |
| Trading Fees | 0.1% maker, 0.1% taker |
| Min Deposit | No minimum |
| Cryptocurrencies | 500+ |
| THB Support | Yes |
| PromptPay | No |
| SEC Licensed | No |
| KYC Required | Yes |
| Payment Methods | P2P (THB), Credit/Debit Card, Crypto Deposit |
How to Get Started with Bybit
Create an Account
Visit Bybit and sign up with your email address. You'll receive a verification email to confirm your account.
Complete KYC Verification
Upload your Thai ID card or passport, take a selfie, and provide your personal details. Verification typically takes 1-24 hours.
Deposit Funds
Deposit THB via bank transfer or P2P marketplace. Minimum deposit: No minimum.
Buy Bitcoin
Navigate to the BTC trading pair and place a market or limit order. Start small and increase your position as you become comfortable.
Try Bybit Today
Start trading Bitcoin with $0.1% maker, 0.1% taker fees.