Questions tagged [bybit]

ethan_thompson_psychologist Fri Sep 06 2024 | 6 answers 1769

I'm curious about the legitimacy of Bybit in the United States. Can you provide some clarity on whether or not Bybit is a reputable and legal platform for cryptocurrency trading within the US? It's important for me to ensure that I'm using a trustworthy exchange that complies with all necessary regulations and laws. Could you elaborate on any potential legal or regulatory concerns that I should be aware of when considering Bybit as an option for trading cryptocurrencies in the US?

Enrico Fri Sep 06 2024 | 6 answers 1051

I'm curious, could you please clarify if Bybit truly offers 0 fees for its services? I've heard rumors about their fee structure being quite competitive, but I'm not entirely sure if they really don't charge any fees at all. Could you elaborate on this matter and provide more insight into their fee policy? It would be greatly appreciated if you could help me understand if there are any hidden costs or specific conditions that apply. Thank you in advance for your assistance.

CryptoMystic Fri Sep 06 2024 | 7 answers 1456

Hello, I have a question regarding trading on Bybit. As a trader, I am primarily used to transacting with USD, the most widely recognized fiat currency. Is it possible to directly trade with USD on Bybit's platform? If not, what are the alternative options for trading that allow me to convert my USD into digital assets, or do I need to acquire a different form of currency before engaging in trades on Bybit? Understanding the availability and limitations of USD trading on Bybit is crucial for me to plan my trading strategy effectively. Could you please clarify?

HanjiArtistryCraftsmanship Fri Sep 06 2024 | 5 answers 1096

I'm curious to know, is it actually illegal for individuals in the United States to utilize the platform Bybit for cryptocurrency trading? I've heard conflicting opinions and would like to get a clear understanding of the legal status of this particular exchange within our country. Could you please clarify if there are any specific regulations or laws that prohibit Americans from accessing Bybit's services? Additionally, if there are any potential consequences for using Bybit despite these potential restrictions, I would appreciate it if you could elaborate on those as well.

CryptoVanguard Fri Sep 06 2024 | 6 answers 1228

Excuse me, I was wondering if you could clarify something for me regarding withdrawals on Bybit. I'm interested in knowing how much cryptocurrency I'm able to withdraw from my account on Bybit without needing to undergo the Know Your Customer (KYC) process. Could you please provide me with an estimate or a clear outline of the withdrawal limits that apply in such a scenario? It would be greatly appreciated if you could shed some light on this matter.