how to check rate on bybit

To view live cryptocurrency rates on Bybit, navigate to the Trading dashboard, select your desired trading pair, and check the Spot Order Book for the corresponding ask and bid rates.

Nov 09, 2024 at 11:40 pm

Step 1: Access Bybit Website

Navigate to the official Bybit website (https://www.bybit.com/).

Step 2: Sign In / Sign Up

• If you have an existing Bybit account, sign in using your credentials.
• If you're a new user, register for an account by providing your email address and creating a password.

Step 3: Go to 'Trading' Page

• Hover over the 'Markets' tab in the top menu bar and select 'Trading'.
• This will take you to the trading dashboard.

Step 4: Select Trading Pair

• Choose the trading pair you want to check the rates for, e.g., BTC/USDT or ETH/USDT.

Step 5: View Spot Order Book

• The order book displays buy and sell orders for the selected trading pair.
• The 'Price' column shows the current ask and bid rates.

Step 6: Check Rates

• The 'Ask' rate is the lowest price someone is willing to sell at.
• The 'Bid' rate is the highest price someone is willing to buy at.
• The difference between the ask and bid rates is known as the spread.

Additional Tips:

• You can use the 'Limit Order' tab to place orders at specific rates.
• Bybit offers an 'Advanced Chart' feature that provides historical price data and technical analysis tools.
• Consider using third-party websites or mobile apps to monitor live rates from multiple exchanges, including Bybit.