The Bybit platform is indefinitely withdrawing trading fees on spot market cryptocurrency pairs. This initiative is launched to celebrate the 10 million users of the exchange.
Bybit removes spot market trading fees
In a rather difficult market context, competition between the largest cryptocurrency exchanges continues to rage. After Binance, so it’s Bybit’s turn to completely remove trading fees from its platformfor spot market trading pairs only.
Although this does not apply to derivatives (futures), this operation is relatively well received by traders. Indeed, this total absence of fees applies regardless of the amount exchanged.
Thus, all orders on Bybit’s spot markets, whether maker, taker or even “Grid Bot trading” type orders are exempt from fees.
If you are not yet registered on Bybit, the removal of fees is a perfect opportunity to test the platform:
A complete exchange for cryptocurrency trading
0% spot market fees
In addition to the spot market, the platform Bybit offers many other options suitable for all trader profilesin particular cryptocurrency derivatives, which you can discover in detail by consulting our opinion on Bybit.
Bybit’s VIP status more accessible
In parallel, Bybit now offers VIP tier 1 status to all users who deposit 50,000 USDT or more on the platform. Although this sum is quite substantial, those who wish to take advantage of it will be able to benefit from many advantages:
- exclusive gifts when you join the VIP program;
- reduced fees for trading derivatives (futures);
- early access to new product launches;
- exclusive invitations to special events;
- priority access to Bybit customer support live chat.
As with the removal of trading fees, this change is active for an indefinite period.
A complete exchange for cryptocurrency trading
0% spot market fees
Source: Bybit
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Clement Wardzala
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