Bybit Derivatives VIP
A plan byBybit Derivatives
Bybit's derivatives platform is among the top futures venues, with a high-throughput engine, the Unified Trading Account and VARA licensing in Dubai. The record 2025 hack, since recovered, is still a reminder to weigh counterparty risk carefully.
VIP
- Cashback currency
- Nessuno
- Required staking
- Nessuno
- Net annual cost
- Free
- Maker fee
- 0%
- Taker fee
- 0.03%
Data & conditions
| Maker / Taker fee | 0.02% / 0.055% |
|---|---|
| Markets | Derivatives |
| Max leverage | 100× |
| Supported assets | 700+ |
| Trading pairs | 288+ |
| Fiat on-ramp | Yes |
| Geo restrictions | USA, UK, Canada, Singapore, China, Hong Kong, France, North Korea, Cuba, Iran, Uzbekistan, Syria, Russian-controlled regions of Ukraine |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA, APAC, LATAM, MENA · 160+ countries |
| Regulator | VARA, FMA Austria, NBG Georgia |
| OAM Italy registration | No |
| Segment | B2C |
| Past incidents | Hack record febbraio 2025 (~$1,5B in ETH da cold wallet, perdite rimborsate agli utenti) |
| MiCA / License status | VASP, MiCAR VARA Dubai; SCA UAE |
Strengths
- #3 futures; 20M+ ordini/sec; Unified Trading Account; VARA Dubai.
- No notable sovereignty advantage documented.
Weaknesses
- Hack record 2025 (recovered but attenzione).
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (VARA Dubai; SCA UAE): reporting to authorities and freezes on order.
- Geographic restrictions (USA, UK, Canada, Singapore, China, Hong Kong, France, North Korea, Cuba, Iran, Uzbekistan, Syria, Russian-controlled regions of Ukraine).
Verdict
The high rating rewards a very high-throughput engine, the Unified Trading Account and a Dubai VARA license, with competitive fees (0.02%/0.055%). Weighing on it is the record February 2025 hack: though recovered, it reminds the average user that counterparty risk on a custodial venue is real, and leverage of up to 100x amplifies mistakes.
On the sovereignty axis Bybit remains a classic custodial exchange with full KYC: funds sit with the platform, and the 2025 hack itself shows what not controlling your keys means. Liquidity and advanced tooling do not offset the absence of self-custody and censorship resistance.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
What are Bybit Derivatives's fees?
On Bybit Derivatives, perpetual/futures fees are maker 0.02% / taker 0.055%. They drop with monthly volume and VIP tier.
Is Bybit Derivatives regulated in Europe?
Regulatory status of Bybit Derivatives: VARA Dubai; SCA UAE.
Does Bybit Derivatives publish Proof of Reserves?
Proof of Reserves publication is not documented for Bybit Derivatives. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from Bybit Derivatives?
No, Bybit Derivatives is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does Bybit Derivatives support derivatives and futures?
Bybit Derivatives offers derivatives trading, with up to 100x leverage.
Sources
- Official service page Maker/taker fees · Regulatory framework · Derivatives Data verified on Jul 16, 2026
- cer.live Certifications Data verified on Jun 14, 2026
- chainalysis.com Past incidents Data verified on Jun 14, 2026
- hackerone.com Bug bounty Data verified on Jun 14, 2026
Show 3 more sources
- liquidityfinder.com Trading pairs · Geo restrictions · Geographic availability Data verified on Jun 14, 2026
- tokeninsight.com 24h volume · Volume data · Open interest Data verified on Jun 14, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 14, 2026