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What are Bybit alternatives?

Bybit alternatives are mainly Cryptocurrency Exchanges but may also be Crypto Wallets or Trading Platforms. Filter by these if you want a narrower list of alternatives or looking for a specific functionality of Bybit. Bybit is a cryptocurrency derivatives trading platform established in March 2018 and registered in the BVI.

Is BitMEX a good alternative to Bybit?

Many regard BitMEX as the best alternative to Bybit. It’s a P2P crypto trading platform and one of the oldest cryptocurrency exchanges out there. If you’re looking for alternatives to Bybit that offer similar features and functionality as Bybit, BitMEX is one of the best choices.

Is Bybit legal in the US?

Bybit is not legal in the US due to the country's strict cryptocurrency trading regulations and Bybit being an unregulated crypto platform that does not comply with US government norms. As a result, the exchange has opted to stay away from the American crypto trading market. What should I consider when selecting a cryptocurrency exchange?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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