Bybit Review 2025 – How cheap and reliable is Bybit?
In this in-depth Bybit review for 2025, we assess how low-cost, safe and user-friendly Bybit is for crypto users across Europe – including MiCAR regulation, fees, the Bybit Card, the number of coins and who the platform is best suited for.
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Welcome bonus up to ± $50
Getting started with Bybit?
New users can benefit from various welcome campaigns and bonuses, depending on their first deposits and trading volume.
- Suitable for (active) day traders and hodlers
- Around 70+ carefully selected cryptocurrencies on Bybit.eu
- Low spot fees: from 0.10% maker & taker on crypto pairs
- Available in English and partially localized into other European languages
- Accessible via both app and desktop
- Deposit euros via iDEAL and SEPA bank transfer
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Active since
2018
Users worldwide
60M+
Region
EU platform under MiCAR
Payment methods
iDEAL & SEPA
The mobile app is available in the Google Play Store and the Apple App Store. Simply search for “Bybit”.
Who is Bybit suitable for?
Bybit is a versatile crypto exchange that in practice mainly focuses on two groups: active traders who trade daily, and investors who simply want to buy and hold crypto (hodlers). The platform combines a relatively user-friendly interface with advanced trading features, so both beginners and experienced users can work with it.Bybit.eu currently offers a selection of around 70 cryptocurrencies. This is less than the older international platform, but the coins that are offered have gone through a strict selection process to comply with European regulation. For most popular projects – such as the major layer-1s and well-known altcoins – the selection is more than sufficient.
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Well suited for active traders
Thanks to deep order books and high liquidity, Bybit is particularly interesting for day trading and swing trading. Orders are executed quickly and there are several order types available, such as:- Limit orders (useful to define your exact entry price)
- Market orders (for instant execution)
- Stop-loss and take-profit options
Also interesting for hodlers
Do you trade less frequently and mainly want to buy, hold and occasionally accumulate more crypto? Then you can also use Bybit as a straightforward buy and sell environment. You can deposit euros via iDEAL or SEPA, purchase crypto, and either leave it on the platform or withdraw it to your own wallet.For long-term investors it is especially reassuring that Bybit.eu falls under European regulation, which provides additional clarity about client funds and supervision. As with any exchange, it is still wise to eventually store larger balances in your own hardware wallet.
When is Bybit less suitable?
Because Bybit offers quite a lot of features and screens, the platform can feel a bit overwhelming for complete beginners at first. The interface comes with many buttons, tabs and settings. In addition, not every area is perfectly translated, so some texts may look a little literal or unclear.If you are completely new to crypto and struggle with English terminology, it may take a short while to get used to Bybit. The learning curve is not extremely steep, but it is not a “one-button app” either – in return you get a lot of functionality.
Bybit.eu and MiCAR – what has changed?
Until the end of 2024, users in many European countries mainly used the international Bybit platform (such as bybit.com). In 2025 there has been a clear shift towards Bybit.eu. This move is directly related to MiCAR – the new European regulation for crypto assets, which stands for Markets in Crypto-Assets Regulation.MiCAR harmonises the rules around crypto within the European Union. Exchanges that want to offer crypto services to European customers must meet extensive requirements, such as:
- Obtaining a licence as a Crypto-Asset Service Provider (CASP)
- Strict rules for safeguarding client funds and segregation of assets
- Transparent information and clear risk warnings
- Internal procedures for security and compliance
The result: the range of coins and products is somewhat leaner than on the old international platform, but in return European users get a service provider that operates under a clear European supervisory regime.
Number of cryptocurrencies on Bybit.eu
Whereas the old Bybit platform (bybit.com) offered more than 500 cryptocurrencies and tokens, Bybit.eu launched with a selection of around 70 coins. That may seem like a big reduction, but it is logical given the stricter regulation.Only tokens that comply with MiCAR and internal due-diligence procedures qualify for listing. Each new coin goes through a comprehensive review process. As a result:
- It takes longer before new coins are added
- The coin list is more “filtered” based on regulation
- The selection is focused on more established and liquid projects
For the average trader and investor, the current selection is more than sufficient to build a diversified portfolio. If you are mainly looking for very small or experimental tokens, you will more often find those on non-EU platforms – with the associated higher risks.
Leverage & margin trading on Bybit.eu
One of the reasons Bybit became popular among active traders is the ability to trade with leverage. On Bybit.eu there are also options for more advanced traders, although this is rolled out gradually due to regulation.Spot margin trading up to 10x
On Bybit.eu, Spot Margin Trading is available. This allows you to open positions with up to 10x leverage on the spot market. That means you trade with borrowed funds: your potential gains are amplified – but so are your risks.Some key characteristics:
- Trade up to 10 times your own capital
- Suitable for experienced traders with a clear strategy
- Inexperienced users should be extra cautious because of liquidation risk
Derivatives & futures in development
Bybit is well known for its extensive futures and derivatives offering on the international platform. For the European variant (Bybit.eu), these products are being added step by step, always within the MiCAR framework and applicable national rules.You can therefore expect the range of contracts and leverage options to be expanded over time, but in a more controlled and regulated way than before. This may take some getting used to for certain traders, but it contributes to a more stable and transparent market for European users.
Trading fees on Bybit – how cheap is it?
The fee structure is one of the main reasons why Bybit is popular among traders. The standard rates on Bybit.eu are very competitive, especially compared with many other platforms.Spot fees for crypto pairs
For spot trading between crypto pairs (for example BTC/USDT), the standard fees are:| Order type | Crypto pairs (spot) |
|---|---|
| Maker fee (limit order) | 0.10% |
| Taker fee (market order) | 0.10% |
Spot fees for euro pairs
If you trade directly against the euro (for example BTC/EUR), the standard fees are:| Order type | Euro pairs (spot) |
|---|---|
| Maker fee | 0.15% |
| Taker fee | 0.20% |
VIP programme and fee discounts
Bybit has several VIP levels. Based on your trading volume and/or balance, you can move into a higher tier with lower fees. Think of:- Lower maker and taker fees
- Additional benefits such as priority support or events
- In some cases, special promotions or extra bonuses
Note: exact rates and VIP thresholds can be adjusted by Bybit. Always check the current fee page on the platform itself before trading large volumes.
Bybit Card – spend your crypto directly
With the Bybit Crypto Debit Card, you can more easily use your crypto holdings in daily life. The card works as a Mastercard debit card, which means you can pay with it in most places where Mastercard is accepted, both online and in physical stores.How does the Bybit Card work?
The card is linked to your Bybit account. In practice, this means:- You pay with euros that are already on your Bybit balance, or
- Your crypto is automatically converted into euros at the moment you pay
Cashback in USDC or BTC
One of the most attractive aspects of the Bybit Card is its rewards programme. With a spending pattern from roughly $350 per month, you can already qualify for 2% cashback in USDC or BTC. If you choose BTC, you automatically accumulate a bit of bitcoin with every purchase.This makes the card interesting for users who:
- Regularly pay with their card
- See crypto not only as an investment, but also as a means of payment
- Like to “passively” build up a little extra bitcoin through their spending
User ratings of Bybit
In the app stores, Bybit is generally rated very positively. Users particularly appreciate the extensive functionality and the speed of the app. Positive points that often appear in reviews include:- The extensive set of trading tools
- The relatively low fees
- The stability and speed of the app
- The interface can look busy and complex for new users
- Not all translations into local languages are perfect
- The offering on Bybit.eu is more limited than on the international platform
Overview: Bybit for Europe
Below is a summary of the most important characteristics of Bybit for users across Europe.| Broker name | Bybit |
|---|---|
| Country of origin | Originally founded in Singapore, European headquarters in Austria |
| Active since | 2018 |
| Number of users | 60 million+ worldwide |
| Payment methods | iDEAL & SEPA bank transfer |
| Number of cryptocurrencies (Bybit.eu) | Approx. 70+ selected coins |
Main advantages
- Very suitable for active day traders thanks to deep liquidity
- Low trading fees on spot markets
- Fast and easy euro deposits via iDEAL or SEPA
- Ability to spend crypto directly with the Bybit Card
- App and web interface with many order types and tools
- Operating under the European MiCAR framework via Bybit.eu
Possible disadvantages
- Interface can look busy and complex for complete beginners
- Not all parts are perfectly translated into local languages
- Fewer coins on Bybit.eu than on the international platform
- Leverage and derivatives are rolled out gradually and with conditions
Create a Bybit account – how does it work?
Creating an account on Bybit.eu is quite straightforward and usually only takes a few minutes. The easiest way is to start on your browser first and only then install the app.Step-by-step guide
-
Go to the registration page
Visit the official Bybit.eu website via this link: https://www.bybit.eu/invite?ref=W00OAXQ. -
Enter your details
Register with your email address or phone number and choose a strong password. -
Enter the referral code
During sign-up, use the code: (click to copy). -
Verify your account (KYC)
Complete the identity verification (KYC) as requested. This is necessary to be allowed to trade, deposit and withdraw under European regulation. -
Deposit euros
After verification, you can deposit money via iDEAL or SEPA bank transfer. iDEAL deposits are usually credited almost instantly; SEPA can take a bit longer. -
Download the app
Once your account is active, you can download the Bybit app from the Google Play Store or Apple App Store and log in with the same credentials.
Important: always check that you are on the official website or in the official app. Preferably click via your own bookmark or type the URL manually.
Conclusion – Bybit Review 2025: is Bybit a good choice?
Bybit has grown into one of the more interesting exchanges for European traders and investors in 2025, mainly because of the combination of low fees, rich functionality and the move to a MiCAR-compliant structure via Bybit.eu.For active (day) traders, the deep order books, variety of order types and sharp fees are big advantages. The interface offers many options, but because of that, it may look a bit busy to new users. More experienced traders will be glad to have so many tools and settings at their disposal.
For hodlers and more passive investors, Bybit is mainly interesting as a broadly usable buy-and-sell platform, with simple euro deposits via iDEAL and SEPA. The fact that Bybit.eu falls under European regulation provides extra reassurance regarding supervision and client funds, although it still remains wise not to leave very large amounts on any exchange permanently.
The Bybit Card is a nice extra for those who actually want to spend their crypto. The option to receive cashback in BTC turns every purchase into a small “savings moment”.
In short:
- Are you looking for a powerful exchange with low spot fees and many tools? Then Bybit is a serious candidate.
- Are you a complete beginner and easily overwhelmed by many buttons and terms? Expect a short learning period.
- Do you want to benefit from bonuses and extras? Keep an eye on the promotions and welcome offers.
Want to try Bybit yourself?
Would you like to test Bybit.eu yourself and see whether the platform fits your trading style?- Up to ± $50 in welcome bonuses (depending on promotions)
- Around 70+ strictly selected cryptocurrencies
- Low spot fees from 0.10% maker & taker
- Deposit in euros via iDEAL or SEPA
- Spend crypto with the Bybit Card
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