United Arab Emirates
Nigeria
India
Philippines
Singapore
activeExchange
- HQ
- Global / remote
- Fee
- VIP fee tiers
Bybit
Derivatives-native exchange with a retail app and a card experiment.
Tap a star to jump to reviews
7.3Solid
AlternativesFive questions
At a glance
Is it a bank?
No. Bybit is not a licensed bank. Confirm who the money sits with before you send salary there.
If it fails?
None statutory on crypto
Salary?
Not listed. An IBAN or sort code is not automatically a salary account.
Open from abroad?
Residency and KYC are gated. An App Store listing is not proof you can onboard.
Monthly fee
Derivatives fee schedule
Account number
No IBAN-class local rail on this file.
NeoBankDB Verdict
Licence first · score second
7.3
/10 · Solid
A trading venue. Do not park life savings here because the app is pretty.
What it is
Bybit is a Dubai-associated derivatives exchange. Cards and copy-trading sit around a futures core. Treat it as leverage infrastructure. NeoBankDB is not this brand. Open only on the official homepage listed here. Outbound goes through /go and pauses. We do not deep-link /login, /signin, or app-store intercept pages. We do not host a login form. We do not put the brand in a subdomain. Official homepage: https://www.bybit.com
Best for: Derivatives traders outside restricted markets.
Last checked 2026-09-17. Not advice.
What it does well
- +Futures depth
- +App
What to watch
- −Not for the conservative register pick
- −Regulatory variance
Who holds the money
The account
How money actually moves
- Who holds the cash
- Exchange omnibus / customer assets
- How money moves
- UPI / INR
- Built for
- Personal
- Settlement
- On-chain + withdrawal queues
- Freeze risk
- Compliance holds on fiat ramps are common
- Card
- Bybit lists a physical card and a virtual card on visa, plus Google Pay. Confirm the live product in the app — a card is not a current account.
Licence first
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 logNo dated notes yet. When the licence, fees, or status moves, it lands here.
Straight answers
FAQ
01Where is the official site?
NeoBankDB is not this brand. Open only on the official homepage listed here. Outbound goes through /go and pauses. We do not deep-link /login, /signin, or app-store intercept pages. We do not host a login form. We do not put the brand in a subdomain. Official homepage: https://www.bybit.com Outbound through /go only. No login deep-link.
02Is Bybit a bank?
Bybit is filed as VASP by market. The named regulator is VARA / others. Still read the entity on the statement before you send money.
03What happens to money in Bybit if it fails?
Bybit is a trading venue. There is no statutory deposit scheme on crypto held there.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
Alternatives
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BingX
Derivatives-heavy exchange. VASP by market. Not a bank. Not a card programme on this file.
6.8Mixed
activeExchange
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