Does ByBit have cheap crypto exchange fees? In this video, we analyse the spot & futures maker & taker trading fees at ByBit, compare the ByBit fees to other crypto exchanges and analyse for which traders ByBit is especially attractive.

👉VIP tiers and fees: [ Ссылка ]

👉Analyse your fees at dr-fee: [ Ссылка ]

👉Impact of trading fees on performance: [ Ссылка ]

ByBit has a tiered fee structure, that means you will pay a different fee depending on which tier level you are in. In total, ByBit has 7 tier levels, which are actually called Non-VIP, VIP 1-3, and Pro 1-3, which apply to both spot and futures trading. When you are levelling up in the tiers, you will enjoy cheaper fee levels with each level you are rising. Before analysing the fees, let’s first of all have a look at the requirements to reach those fee levels, as they have a big effect on how much fees you eventually pay. ByBit gives you four options to reach a tier level, which is great, as for some exchanges you only have the volume option or for example in the case of Binance, you have to fulfill 2 requirements at the same time. For ByBit, reaching any of those requirements will grant you that new tier level. To do so, you can either have a certain amount of balance on your account, hold a certain amount of BIT tokens, have an average effective net borrowing balance or qualify through either your futures or spot trading volume. If you qualify through either your balance, your BIT holding, or borrowing, you can climb up the tier levels until the 4th tier, or VIP3. You will only be able to reach the Pro tiers through your trading volume.

While the tier requirements are complex for ByBit, the fee levels are more straightforward: Each tier level has an associated maker & taker fee for spot and USDT or coin-margined futures or USDC futures trading. We will not have a closer look at the Options fees of ByBit in this video. Maker trades refer to trades executed as a limit order, while taker fees are applied when your trade is executed as a market order. If you just start trading at ByBit or do not qualify for any of the next tier requirements, you are in tier 1, which gives you maker and taker fees of 0.1% for spot trading. While many exchanges do, ByBit does not differentiate in this tier level between maker and taker fees. Only when rising in the tier levels, the maker fees at ByBit become significantly cheaper compared to taker fees.

00:00 Introduction
00:32 ByBit tier level requirements
04:00 Spot trading fees
05:55 Futures trading fees
07:30 ByBit fees vs. other exchanges
12:50 Who has low fees at ByBit?

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As always when dealing with cryptocurrencies and trading, please make sure to do your own research and take the required time to process and execute. The information in this video may be outdated.

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HIGH RISK WARNING: Foreign exchange, cryptocurrencies, and other CFD trading carries a high level of risk and may not be suitable for everyone. The usage of leverage creates additional risk and loss exposure. Your investment objectives, experience level and risk tolerance have to be taken into consideration before you decide to trade foreign exchange, cryptocurrencies, or other CFD products. You could lose some or all of your entire investment. Do not invest money that you cannot afford to lose and always use an appropriate risk management. It’s important to educate yourself on the risks associated with foreign exchange trading, and seek professional advice from an independent financial or tax advisor in case of any questions. Any data and information is provided ‘as is’ solely for informational purposes, and is not intended for trading purposes or advice. Past performance, including fees, which are presented on this website or you find somewhere else, is not indicative of future results.

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