Bybit
Fast-growing global exchange focused on derivatives. Expanding spot and earn products.
CeFiPartially LicensedEst. 2018Global (restricted in US)
D
54/100
Elevated Risk
Safety Score Breakdown
Regulatory Compliance10/20
Security Infrastructure11/20
Track Record9/20
Transparency11/20
User Protection13/20
🏛Regulatory
Licenses
Dubai VARA (in process), VASP (Cyprus)
Regulators
Dubai VARA
HQ
Dubai, UAE
🛡Security
Proof of ReservesYes
Cold Storage85%
InsuranceInsurance fund for derivatives
📊Track Record
Years Operating7
Security BreachYes
$1.4B hack (Feb 2025, Lazarus Group) — covered via industry loans and reserves. Users made whole within 72 hours.
Legal Issues
Banned in Canada, UK (previously)
🔍Transparency
Public AuditsYes
Audit FirmSelf-published PoR
Public TeamYes
Public FinancialsNo
Stablecoin Rates at Bybit
USDT5.5%
Flexible / Fixed (7-60 days)
USDC4.8%
Flexible / Fixed (7-60 days)
Risk scores are based on publicly available information and updated periodically. This is not financial advice. Always do your own research before depositing funds with any platform.