The steps to buy cryptocurrency on Bybit are as follows: register and verify the account; fund the account; find the cryptocurrency to buy; place a buy order; wait for the order to be executed; view cryptocurrency holdings.
How to Buy Cryptocurrency on Bybit
Bybit is a leading cryptocurrency exchange that provides users with purchasing A convenient platform for cryptocurrencies. Here is a step-by-step guide on how to buy cryptocurrencies on Bybit:
Step 1: Register and verify your account
- Visit the Bybit website and click "Register" ".
- Enter your email address, password and invitation code (if any).
- Complete the identity verification process, including KYC (Know Your Customer) and AML (Anti-Money Laundering).
Step 2: Fund your account
- Click on the "Wallet" tab and select "Fund".
- Select the fiat currency you want to use to fund your account.
- Select your preferred deposit method such as bank transfer, credit card or third-party payment gateway.
- Follow the instructions provided to complete the deposit.
Step 3: Find the cryptocurrency you want to buy
- Click on the “Trade” tab.
- In the "Trading Pairs" section, find the cryptocurrency you want to purchase (e.g. BTC, ETH).
- Select your preferred trading pair (e.g. BTC/USDT).
Step 4: Place a Buy Order
- Enter the amount of cryptocurrency you want to purchase in the "Buy" box.
- Select your preferred order type, such as limit, market, or stop.
- Enter the price according to the order type you selected.
- Click the "Buy" button to place an order.
Step 5: Wait for order execution
- The order you place will be sent to Bybit’s trading engine.
- Your order will be executed when there is a matching sell order.
Step 6: View your crypto holdings
- After your order has been executed, you can view your crypto holdings in the Wallet tab Currency holdings.
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