Bybit

Derivatives-native exchange with a retail app and a card experiment.

ExchangeCryptoactiveUnited Arab Emirates

Rate this app

7.3Solid
Alternatives

Our take

Desk verdict

A trading venue. Do not park life savings here because the app is pretty.

Bybit is a Dubai-associated derivatives exchange. Cards and copy-trading sit around a futures core. Treat it as leverage infrastructure.

Bybit lists VASP by market under VARA / others in UAE / global. On safeguarding we currently write: None statutory on crypto. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 5 live markets on the product. As we score the sticker: monthly Derivatives fee schedule; FX Trading fees; ATM N/A. This desk would open it for: Derivatives traders outside restricted markets.

What it does well: Futures depth; App. What to watch: Not for the conservative register pick; Regulatory variance. Desk score 7.3 / 10 (safety 5.8, fees 8.4, features 8.4, app 8.0). Last verified 2026-08-01. Headquartered in Dubai, United Arab Emirates; founded 2018. None of this is advice — it is a file so you can read the entity before the card colour.

Best for: Derivatives traders outside restricted markets.

Pros

  • +Futures depth
  • +App

Cons

  • Not for the conservative register pick
  • Regulatory variance

How it actually works

Custody
Exchange omnibus / customer assets
Local rails
UPI / INR
Built for
Personal
Settlement
On-chain + withdrawal queues
Review risk
Compliance holds on fiat ramps are common
Pay surface
visa · physical · virtual · Google Pay

Safety

None statutory on crypto

  • VARA / othersVASP by market · UAE / global

Fees

Monthly
Derivatives fee schedule
FX markup
Trading fees
ATM
N/A

Features

  • IBAN
  • Fee-free core
  • Multi-currency
  • Apple Pay
  • Google Pay
  • Virtual card
  • Physical card
  • Metal card
  • Crypto
  • Stocks
  • Business
  • Kids
  • Halal
  • Perpetual futures
  • Spot
  • Copy trading
  • Card in some regions

Score

Safety25%
5.8
Fees20%
8.4
Features15%
8.4
App15%
8.0
Global15%
7.6
Support10%
5.8

Change log

Full log

No dated notes yet. When the licence, fees, or status moves, it lands here.

FAQ

Is Bybit a bank?+

Bybit is not a licensed deposit-taker in the classic sense. Treat the balance as a fintech ledger until you confirm the holder.

How is money protected?+

None statutory on crypto

Where is Bybit available?+

We list 5 market desks on the desk. Residency and onboarding rules still sit with Bybit.

Card and wallets?+

visa · physical · virtual · Google Pay

Ratings and reviews

No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.

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Used Bybit?

Stars plus a short note. We publish after a desk read. “Verified user” is our tick, not yours.

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