Step-by-step guide to BYBIT registration for newbies in 2025

Today we will analyze one of the popular exchanges – Bybit.

Bybit is one of the largest crypto exchanges in the world. If you are a beginner and want to start trading digital assets, this article will be your guide. We will take a detailed look at the process of registering on the Bybit platform in 2025, as well as discuss why it is considered one of the best for traders of any level.

Why choose Bybit?

Quick registration on Bybit: step-by-step instructions

Bybit exchange has earned its popularity due to its simple interface, security and wide opportunities for cryptocurrency trading. Now I will tell you how to create an account literally in a few minutes.

If you will be registering from your phone, I recommend that you first register an account in your browser on the official Bybit website, and then download the app from the App Store or Google Play (it will be more convenient and safer that way).

Step 1: Go to the exchange’s website

Register an account through a referral link and receive unique added benefits: a $20 welcome bonus, and up to $5050 in deposit and transaction bonuses.

Open your browser and type bybit.com into the address bar and add the site to your bookmarks. The site will automatically redirect you to the correct version of the language, taking into account the location of your IP address . It is important to use exactly the official domain of the platform to avoid scammers.

Step 2: Click on the “Register” button

On the main page of Bybit, you can immediately see the “Register” button. Click on it and a form for entering data will open in front of you.

Step 3: Fill out the registration form

This is where you need to specify:

• E-mail: Make sure you enter a valid e-mail address, as it will receive a confirmation.
• Password: Create a strong password (using different case letters, numbers and symbols). The more complex, the better!
• Promo code (optional): Use this promo code: Q8K5ORZ. It will give a $20 welcome bonus, as well as up to $5050 in deposit and transaction bonuses. If you went to the site through the referral link above, the code will be listed automatically.

After filling out the form, check the box next to agree to the terms of use and click “Register”.

Tips for protecting your account

Step 4: Email Confirmation

Immediately after clicking the “Register” button, you will receive an email with a confirmation link. Open it and click on the link. This is an important step that confirms that you are indeed the owner of the specified address. When registering, it makes sense to specify only your email address, and you can add a phone number later in the settings if needed. On the Bybit platform, they recommend choosing Gmail, iCloud, ProtonMail.

Step 5: Log in to your personal cabinet

You can now log in using your credentials. After logging in, you’ll be prompted to go through two-factor authentication (2FA) for additional account protection. I recommend installing Google Authenticator or another similar service.

Step 6: How to pass KYS verification on Bybit exchange?

Passing KYS1 verification is mandatory for all users, just like on other major platforms (the process takes about 3-5 minutes).

How do you do that?

1. On the exchange’s website, find the profile icon in the top right corner, hover over it and select the “Account and Security” option.
2. In the mobile app, tap on your avatar and select “Pass KYS1 Verification”.

Specify the country of issue of the document and the type of document (you must be over 18 years of age):

• Passport
• ID card
• Driver’s license
• Residence permit

After uploading your documents, you will be directed to the person verification page. To proceed with the verification, click “Start” and follow the on-screen instructions.

Check your details and click “Next” to continue.

After a few minutes, a confirmation of successful KYC1 verification will be sent to your email.

Congratulations! Now you can make a deposit and start trading.

Step 7: Deposit to your account

To start trading, you need to fund your account. To do this, go to the “Wallet” section and choose the desired cryptocurrency. Copy the deposit address and use it to transfer funds from another wallet or exchange.

Popular cryptocurrencies on Bybit

Step 8: Start trading

After funding your account, you are ready to start trading. Go to the “Trading” section and select the market you are interested in. Bybit supports spot and margin trading, as well as derivatives.

Types of orders on Bybit

Tips and Features of Bybit for Beginners and Experienced Users

Additional Features of Bybit

1. Demo Trading Account

• For Beginners: Start trading without the risk of losing real money.
• Advantages: Practice strategies and get familiar with the interface.

2. Margin Trading

• Leverage: Up to 100x on certain markets.
• Risks: Increased leverage amplifies potential profits but also increases possible losses.

3. Charts and Analytics

• TradingView Integration: Professional tools for technical analysis.
• Indicators: Customize and add various indicators for in-depth market analysis.

4. API Trading

• Automation: Connect to the platform via API for automated bot trading.
• Programmable Strategies: Ideal for experienced traders and developers.

5. Bybit Launchpad

• Project Launches: Access new projects and buy tokens at a reduced cost.
• Early Access: A unique opportunity for early investors.

6. Staking

• Passive Income: Lock your cryptocurrencies to earn interest.
• Examples: Stake USDT or ETH to receive regular income.

7. Bybit Rewards Hub

• Bonuses and Promotions: Participate in special offers to receive bonuses.
• Initial Bonuses: New users often receive rewards for their first deposits or tasks.

Tips for Success on the Exchange

1. Risk Management

• Loss Limits: Never invest more than you are willing to lose.
• Stop-Losses: Use stop-losses to automatically close positions when prices move unfavorably.

2. Reading the Market

• Chart Analysis: Master basic technical analysis, including candlestick patterns and support/resistance levels.
• News Monitoring: Keep track of news as it can influence price movements.

3. Transaction Fees

• Fees: The exchange charges small fees for transactions.
• Discounts: Using limit orders (market making) can reduce commission rates.

4. Dollar-Cost Averaging (DCA)

• Gradual Buying: Purchase cryptocurrency in smaller amounts over time to lower average costs.
• Goal: Reduce risk and achieve better entry points.

Mistakes to Avoid

• High Leverage Without Experience: Can lead to rapid position liquidation.
• Emotional Trading: Decisions based on fear or greed often result in losses.
• Ignoring News: Regulations, mergers, and other events can significantly impact the market.

Advanced Features and Tools of Bybit

1. Trailing Stop

• Profit Lock-In: Automatically moves the stop order as the price rises.
• Minimizing Losses: Helps reduce losses during trend reversals.

2. Portfolio Analysis

• Balance Tracking: Monitor current portfolio balance, unrealized profit/loss (PnL), and transaction history.
• Planning: Enables effective planning for future trades.

3. Conditional Orders

• Execution Based on Conditions: These orders trigger only when specific conditions are met.
• Suitable for Complex Strategies: Perfect for breakout level trading.

4. Dual Asset Mining

• Dual Earnings: Provide liquidity to earn income in two currencies simultaneously.
• Currency Risks: Changes in one currency’s value may affect overall earnings.

5. Perpetual Contracts

• No Expiration Date: Trade indefinitely without contract expiration dates.
• Opportunities: Profit from both rising and falling prices.

6. Insurance Fund

• Negative Balance Protection: Used to protect users against negative balances, especially during high volatility.

7. Multi-Accounts

• Strategy Separation: Manage multiple accounts concurrently to test different approaches.
• Risk Distribution: Diversify trading methods to minimize overall risks.

Trading Strategies for Bybit

1. Scalping

• Short-Term Trading: Utilize small price movements for quick profits.
• Transaction Frequency: High volume of trades using low timeframes (1–5 minutes).

2. Medium-Term Trading

• Daily and Weekly Chart Analysis: Identify trends and key levels.
• Position Holding: Open positions for several days or weeks.

3. Arbitrage

• Price Difference: Take advantage of pricing discrepancies between exchanges.
• Internal Arbitrage: Apply within the same platform between spot and futures products.

4. Hedging

• Position Protection: Use futures or options to shield positions from sudden market shifts.
• Example: Open short positions on futures to hedge long positions on the spot market.

Learning and Support

1. Bybit Learn

• Resources: Articles and videos covering cryptocurrency trading basics, DeFi, and technical analysis.
• All Levels: Suitable for beginners and professionals alike.

2. Trading Tournaments

• Competitions: Test your skills and compete with others for real prizes.
• Experience: Great way to improve tactics and gain additional motivation.

3. Bybit Academy

• Courses: Detailed courses on strategies, capital management, and tool usage.
• In-Depth Learning: For those aiming to become experts.

4. Bybit YouTube Channel

• Analysis and Advice: Regular market reviews and trading tips from experts.
• Relevance: Stay up-to-date with consistent content updates.

Thus, the Bybit exchange offers an extensive range of features for both novices and professional traders. Starting with a demo account, carefully analyzing charts, and continuous learning will help you succeed in this journey.