1. Preparation
Before starting the registration process, ensure you have the following ready:
- Valid email address or mobile phone number.
- Government-issued ID (Passport, Driver’s License, or National ID) for KYC verification.
- Smartphone with a camera (for facial recognition).
2. Account Creation (Sign Up)
Step 1: Visit the Platform
- Website: Go to the official Bybit website.
- App: Download the Bybit app from the App Store or Google Play Store.
Step 2: Enter Details
- Click on the ‘Sign Up’ button usually located at the top right.
- Choose ‘Email’ or ‘Mobile’ registration.
- Enter your email address/phone number.
- Create a strong password (mix of uppercase, lowercase, numbers, and symbols).
- Enter a referral code if you have one (optional).
Step 3: Verification Code
- Bybit will send a 6-digit verification code to your email or SMS.
- Enter this code within the time limit to complete the initial registration.
3. KYC Identity Verification (Mandatory)
Bybit requires Identity Verification (KYC) for all users to deposit, trade, and withdraw.
Step 1: Navigate to Verification
- Log in to your account.
- Click on the profile icon and select ‘Account & Security’.
- Click on ‘Identity Verification’ or ‘Verify Now’.
Step 2: Level 1 Verification (Basic)
- Select your country of residence.
- Choose your document type (Passport is recommended for fastest approval).
- Upload a clear photo of your ID document.
- Perform a facial recognition scan using your webcam or phone camera.
Step 3: Approval
- The system reviews the data automatically.
- Approval typically takes between 15 minutes to 1 hour. Once approved, you can start trading.
4. Security Settings (2FA)
To protect your assets, setting up Two-Factor Authentication (2FA) is essential.
Step 1: Google Authenticator
- Go to ‘Account & Security’.
- Locate ‘Google Two Factor Authentication’ and click ‘Settings’.
- Download the ‘Google Authenticator’ app on your phone.
- Scan the QR code displayed on the Bybit screen.
- Enter the 6-digit code generated by the app to bind the device.
5. Depositing Funds
Once your account is verified and secured, you can deposit funds.
- Crypto Deposit: Transfer assets (USDT, BTC, XRP, etc.) from another exchange or wallet to your Bybit address. Ensure the network (Chain) matches.
- P2P Trading: Buy crypto directly from other users using fiat currency (availability depends on region).
- Fiat Deposit: Deposit fiat currency via bank transfer or credit card (availability depends on region).
6. Trading Basics
- Derivatives: Perpetual contracts and futures trading.
- Spot: Buying and selling crypto for immediate settlement.
- Copy Trading: Automatically copy the positions of experienced traders.
Note: Bybit services may be restricted in certain jurisdictions. Always check local regulations before signing up.
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