Bybit is one of the most famous cryptocurrency exchanges in the world. The registration process will be completed in about 1 minute, so you can easily open it. You can also open an account for free as it does not cost money. It also comes with a bonus.
- How to open an account and procedures
- Solution when you can’t open an account
- No registration or account maintenance fees
- Is it free to open an account?
- Is it possible to open a demo account?
- Is it possible to open a corporate account?
- Change registration information
- Creating multiple accounts
- Is there an age limit?
- ¿Existe un bono de apertura de cuenta?
- Account cancellation/withdrawal
How to open an account and procedures
To open an account, you first need to access the registration page from the Bybit exchange homepage. You can open an account using the button below. All you need is your email address and phone number. Bybit is a crypto asset exchange based in Singapore that can be opened with no fees and has a maximum leverage of 200x. We will thoroughly explain the contents and points to note. Spot trading and derivative trading are possible, and there are usually many bonuses and campaign benefits. We handle major coins such as Bitcoin, so even new users can trade very easily. You can trade using your browser or smartphone.
Click the link to go to the account creation page. The default is Japanese, but you can switch languages by clicking the button at the top right of the screen. Let’s operate after setting the language of your choice.
Email address and password setting
Enter verification code
A confirmation code will be sent to the email address you entered in the step above. Enter the code provided to complete the verification. By the way, the email code is valid for 10 minutes. When the expiration date expires, you will have to start over again. After completing the above steps, you will be able to create an account and log in to the Bybit membership page.
After completing the above steps, you can log in by entering your email address and password. When you log into Bybit, you also need to complete a puzzle. Please slide the image left and right. Then you are logged in.
Bybit recommends two-factor authentication. Please set it. After logging in, click on the part surrounded by the blue frame, and select “Account & Security”.
When you select it, the following account information page will be displayed, so you can set each.
First, let’s verify mobile phone SMS. When you click it, the following screen will appear. Please enter the country/region where you live now and your mobile phone number. A verification code will be sent to your registered email address. Enter it in the email verification here. Then the screen will change and a code will be sent to your mobile phone by SMS message, so enter the code and click OK to complete the authentication.
Google authentication in the enhanced security column on the account information page authenticates using an app called GoogleAuthenticator. When the above screen appears, click “Send Verification Code” and the verification code will be sent to your registered email address, so please enter it here.
And download Google Authenticator. You can install it by clicking the link where it is written. Then read the QR code and enter the authentication code.
Identity Verification (KYC)
You can use the trading function without KYC. However, KYC registration is recommended because the maximum withdrawal amount per day is as follows. Level 0 means no authentication, level 1 means identity verification is completed, level 2 means that residence verification is also completed.
First of all, there is identity verification on the account information page earlier, so let’s click it. The following screen will be displayed, so first authenticate from level 1. Please click.
You will see a screen like the one below, so start uploading your ID. Finally, tap “Continue” to begin the identity verification (KYC) process. Select one of the following identification documents and scan the front and back sides. By taking a photo of your face and performing facial recognition, your KYC Level 1 application is complete. It will take about 10 minutes to complete.
・My Number Card (Japan only)
When Lv1 ends, it will be Lv2 authentication in the same way. Now I have to prove my place of residence.
・Utility expenses (within 3 months of issuance)
・Internet/telephone line bill
・Certificate of residence
By the way, if you submit documents for both levels 1 and 2, the submitted documents will be reviewed, and if the submitted documents are successfully approved, the following screen will appear. That’s all there is to it.
First time bonus
Actually, the account opening and two-step verification are over, but there is something called the first privilege bonus. If you deposit more than the minimum deposit amount within 48 hours after completing account registration, you can get a coupon of $ 50, and if you deposit 48 hours later, you can get a coupon of $ 10.
|Currency||Minimum deposit amount|
Unlike the first bonus, you can get the bonus just by depositing BTC once. Just make a deposit and get a bonus worth $5. Therefore, BTC is recommended for deposits.
Solution when you can’t open an account
The above is the procedure for opening an account, but there may be times when you are unable to open an account due to some problem. In that case, please contact the support desk. On the official website, you can ask questions not only about yourself, but also about trading such as spot trading. If this is your first time, be prepared and ask for more information.
・Open an account again with an already registered email address
・Incorrect email address or password
・If you do not receive the verification email, it is in your spam folder.
・I refuse to receive phone SMS, so I can’t come
No registration or account maintenance fees
By the way, there is no charge for registration. Even those who do not plan to trade frequently can use it with confidence. You can easily open an account, so please try it.
Is it free to open an account?
There is no cost to open an account at Bybit. There are also no fees or charges incurred after opening an account. Therefore, there is no risk in opening an account, so you can open an account without any problems. However, please be aware that if you misuse the account you have opened, you may be subject to penalties from the operator.
Is it possible to open a demo account?
Bybit allows you to open a demo account. Demo accounts are perfect as practice accounts because you don’t have to use real money. You will be able to use it once your account has been opened.
Is it possible to open a corporate account?
Bybit allows you to open a corporate account. There are many documents to prepare for a corporate account, so be sure to check them carefully before opening one.
Bybit no longer requires identity verification when opening an account, so anyone can open an account as long as they have the intention to open an account. However, if you do not verify your identity after that, you will be unable to use various services. Therefore, if you want to use the service in earnest, it is better to have your ID ready.
Change registration information
By the way, you can change the registered information even after opening an account. Therefore, you can change your phone number or email address later, so you can open an account and then change it later.
Creating multiple accounts
Bybit does not allow one person to create multiple accounts. However, instead of that, you can create sub-accounts. Subaccount means creating multiple accounts within one account. For more information, please refer to the article below.
Is there an age limit?
Bybit allows anyone over the age of 18 to register without any problems. Additionally, you can open an account even if you are a housewife or unemployed. The only issue is age, and occupation is not a problem, so the hurdles are quite low.
¿Existe un bono de apertura de cuenta?
Bybit también tiene campañas periódicas y campañas permanentes. Por favor consulte la página oficial para registrarse. Es posible que reciba un bono por apertura de cuenta.
If you want to close your Bybit account or withdraw from membership, please refer to the article below.