What is the ranking of bybit exchange?

Bybit Exchange is one of the world's leading cryptocurrency derivatives exchanges, ranking 8th and 11th respectively in CoinMarketCap (24-hour trading volume) and CoinGecko, and ranking 1st in contract trading volume. Its ranking is based on factors such as trading volume, contract trading, security, etc. It also provides advantages such as high leverage, low fees, user-friendliness, and 24/7 customer support.

Bybit Exchange Ranking

Bybit Exchange is one of the leading cryptocurrency derivatives exchanges in the world. , enjoying a high ranking in the industry.

Ranking details:

• CoinMarketCap (24-hour trading volume): Ranked 8th
• CoinGecko (24-hour trading volume): Ranked 11th
• Contract trading volume: Ranked 1

## Ranking factors:

Bybit’s ranking is primarily based on the following factors:

• Trading Volume: Bybit has a huge 24-hour trading volume, making it the largest cryptocurrency exchange One of the most active platforms.
• Contract Trading: Bybit is known for its advanced contract trading platform, offering a variety of derivatives products, including perpetual contracts, futures, and options.
• Security: Bybit attaches great importance to security and uses multiple layers of security measures to protect user funds and personal information.

Other advantages:

In addition to its ranking, Bybit also offers the following advantages:

• High leverage : Bybit offers up to 100x leverage for its contract trading, allowing traders to make large trades with less capital.
• Low Fees: Bybit’s trading fees are very competitive, encouraging higher trading volumes.
• User-Friendliness: Bybit’s platform is designed to be easy to use, making it easy for even novice traders to navigate.
• Excellent Customer Support: Bybit provides 24/7 customer support to provide users with fast and effective assistance.

To sum up, Bybit Exchange ranks among the best in the cryptocurrency derivatives industry due to its high trading volume, advanced contract trading platform, strong security features, and other advantages.

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