In sum: Bybit offers strong trading capabilities, especially for spot and derivatives traders, but many users report significant pain-points when something goes wrong. Your experience may be heavily influenced by whether you encounter verification/withdrawal issues or require support during an unusual situation. Use with caution and awareness of risk
Bybit receives a mixed response from users, reflecting both positive and negative experiences. Many customers appreciate the platform's user-friendly interface and smooth trading experience, highlighting it as a good option for cryptocurrency transactions.
However, a significant number of reviewers express frustration over withdrawal issues, with complaints about funds being frozen or delayed for extended periods. Some users report difficulties in accessing their money, citing unresponsive customer service and complicated verification processes. Additionally, there are concerns regarding the handling of disputes in P2P transactions, leading to feelings of being scammed. While some find Bybit to be a reliable platform, the recurring issues with account management and withdrawal processes overshadow the positive feedback.
Summary generated with AI from recent reviews
Each source counts by its number of reviews. Only reviews written by people are scored.
| Source | Rating | Reviews | Weight | 6-mo | Fake risk |
|---|---|---|---|---|---|
Trustpilot Imported Trustpilot reviews | 3.3 | 60 | 100% | — | ● Medium |
Monthly average rating from reviews written by people.
Not enough history for a trend yet: 60 reviews in 1 month. The chart appears once reviews span two months.
Share of positive (4–5★) and negative (1–2★) reviews mentioning each topic · based on the 60 most recent reviews.
“but bybit surprised me a smooth exerience indeed i hardly write good revews because they should be good out there but...”
“Bybit ça fait déjà plus de 24 heures et vous n’avez toujours pas débloqué mes fonds”
Same method for every company: overall rating, legitimacy checks, the average rating of reviews mentioning each area and the 6-month trend · Cryptocurrency.
| Company | Overall | Legit | Service | Trend | Reviews |
|---|---|---|---|---|---|
 | 3.3 out of 5 (fair) | 100 out of 100 | 1.3 out of 5 (poor) | — | 60 |
| 4.2 out of 5 (good) | 100 out of 100 | 3.3 out of 5 (fair) | — | 1,200 | |
| 4.7 out of 5 (good) | 100 out of 100 | 4.7 out of 5 (good) | — | 1,060 | |
| 4.8 out of 5 (good) | 100 out of 100 | 4.7 out of 5 (good) | — | 1,060 | |
| 4.8 out of 5 (good) | 100 out of 100 | 4.9 out of 5 (good) | — | 1,060 |
Bottom line: Bybit is #5 of 5 on overall rating in this group. On service, JustCover Travel Insurance scores higher (4.9 vs 1.3).
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Quick answers to the questions people ask most.
You can deposit funds by logging into your Bybit account and navigating to the 'Deposit' section. Select your preferred cryptocurrency and follow the instructions provided. For detailed steps and supported cryptocurrencies, please visit bybit.com.
If you're experiencing withdrawal issues, please check if all withdrawal requirements are met and review any pending verification processes. For immediate assistance, contact our support team through our website.
Transactions to incorrect addresses cannot usually be recovered. It's critical to double-check addresses before making any transfer. For more information or assistance, please reach out to our customer support.
In case of a dispute in a P2P transaction, you should immediately report the issue through your Bybit account. Provide all necessary transaction details for a timely resolution. For guidelines on P2P disputes, visit our support section.
Bybit prioritizes the security of our users' information through robust security measures. For details on our data protection practices, please refer to our privacy policy on bybit.com.
Anyone can write a CrowdTrust review. People who write reviews have ownership to edit or delete them at any time, and they'll be displayed as long as an account is active.
Polarized pattern: few middle ratings. 52% of recent reviews are 4–5★ and 40% are 1–2★.
In sum: Bybit offers strong trading capabilities, especially for spot and derivatives traders, but many users report significant pain-points when something goes wrong. Your experience may be heavily influenced by whether you encounter verification/withdrawal issues or require support during an unusual situation. Use with caution and awareness of risk
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