As of February 2023, Bybit ranks 6th among global cryptocurrency exchanges according to CoinMarketCap rankings. Its high ranking is attributed to factors such as advanced trading platform, wide cryptocurrency support, low trading fees, innovative products, strong liquidity, user-friendliness, and security and compliance.
Bybit ranking
Where is the global ranking?
As of February 2023, Bybit ranks 6th globally in CoinMarketCap’s cryptocurrency exchange rankings.
Specific ranking data
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Trading volume: 5th in the world
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Spot trading volume: 5th in the world
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Derivatives trading volume: 2nd in the world
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Number of users: Over 10 Million
Ranking Factors
Bybit’s high ranking is attributed to the following factors:
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Advanced Trading Platform: Provides powerful trading tools and order types to meet the needs of professional traders.
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Extensive Cryptocurrency Support: Supports hundreds of cryptocurrencies including Bitcoin, Ethereum, and USDT.
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Low Trading Fees: Competitive fees are available for spot trading and derivatives trading.
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Innovative products: Launch innovative products such as Copy Trading, Savings and Launchpad to meet the needs of different users.
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Powerful Liquidity: Work with multiple liquidity providers to ensure trading depth and execution speed.
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User-Friendliness: Provides an intuitive user interface and 24/7 customer support for both new and experienced traders.
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Security and Compliance: ISO 27001 and SOC 2 Type II certified, and partners with leading security companies like CipherTrace.
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