How to buy and sell coins on Bybit Exchange? Detailed steps

Bybit Exchange provides a comprehensive platform for buying and selling coins, with features such as multiple order types, advanced trading tools, and secure deposit and withdrawal options.

Oct 09, 2024 at 08:11 pm

How to Buy and Sell Coins on Bybit Exchange:Step 1: Create an Account

Visit the Bybit website (bybit.com) and click on "Register."
Enter your email address, create a password, and verify your email.

Step 2: Deposit Funds

Log in to your Bybit account and navigate to the "Assets" section.
Click on "Deposit" and select the desired cryptocurrency.
Scan the QR code or copy the deposit address provided.

Step 3: Find the Coin You Want to Buy/Sell

Hover over the "Trade" tab at the top of the page and select the coin pair you want to trade.
For example, if you want to buy Bitcoin (BTC), select "BTC/USDT."

Step 4: Place a Buy/Sell Order

On the trading page, choose the order type: "Limit," "Market," or "Conditional."
Enter the price, quantity, and any other relevant parameters for your order.
Click "Buy BTC" or "Sell BTC" to place your order.

Step 5: Monitor Your Order

Once your order is placed, it will appear in the "Open Orders" section.
You can monitor its status and make any necessary adjustments.

Step 6: Execute Your Order

If you enter a limit order, it will automatically execute when the market price meets your specified limit.
If you enter a market order, your order will be executed immediately at the current market price.

Step 7: Withdraw Your Funds

Once you have sold your coins, you can withdraw them to your external wallet.
Navigate to the "Assets" section, select "Withdraw," and follow the instructions to transfer your funds.

Additional Tips:

Use Bybit's advanced filters and trading tools to customize your trading experience.
Consider using a stop-loss order to protect your profits in case of market downturns.
Monitor market trends and conduct thorough research before making any trades.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

RAIN

$0.007852

113.00%

Trade Now
PIPPIN

$0.06097

51.96%

Trade Now
PARTI

$0.1396

42.04%

Trade Now
WAVES

$0.9141

41.69%

Trade Now
ARC

$0.04302

35.73%

Trade Now
HONEY

$0.01029

21.80%

Trade Now

Latest Crypto News

Ilocos Norte's Vibrant Festival Immortalized on New P100 Coin by BSP
2026-02-02 21:55:01
LBank Elevates DeFi with GOLDEN FI (GLINK) Listing, Bridging Real-World Assets to the Blockchain
2026-02-02 21:30:02
Beyond the HODL: Prediction Markets and Sports Betting Steal Bitcoin's Spotlight
2026-02-02 21:45:01
Zama Lists on Multiple Exchanges, Airdrop Window Opens Amidst Strong Auction Performance
2026-02-02 19:05:01
Bitcoin's Plunge Spurs Whale Activity Amidst Liquidity Crunch: A New York Take
2026-02-02 19:10:02
Token Market Evolution: Digital Finance and RIV Files Usher in Era of Institutional Trust
2026-02-02 19:05:01

Related knowledge

How do I contact customer service on Binance to resolve issues?

Mar 16,2025 at 04:30am

Key Points:Binance's customer service is primarily self-service, relying heavily on its help center and FAQs.Direct contact methods are limited, with ...

How do I view the latest announcements and events on Binance?

Mar 18,2025 at 10:18pm

Key Points:Binance utilizes multiple channels for disseminating announcements and events.The official Binance website is the primary source.Binance's ...

How do I set up a subaccount on Binance?

Mar 14,2025 at 01:50pm

Key Points:Binance does not offer traditional "subaccounts" in the sense of separate accounts with independent logins under a master account.Instead, ...

How do I view the list of supported currencies on Binance?

Mar 15,2025 at 05:35am

Key Points:Binance supports a vast and frequently updated list of cryptocurrencies. There's no single, static list.Finding supported currencies requir...

How do I view account security settings on Binance?

Mar 15,2025 at 08:40pm

Key Points:Binance's security settings are spread across multiple sections of your account. This article will guide you through each crucial area.Unde...

How do I use grid trading on Binance?

Mar 14,2025 at 04:25pm

Key Points:Grid trading on Binance involves automatically buying low and selling high within a defined price range.Binance offers a built-in grid trad...