Overview
Bybit focuses on derivatives trading and is active in the EU with a MiCA licence via Austria. Known for deep perpetuals liquidity and an active copy-trading community.
Licences and regulation
- MiCA: Austria · MiFID II: not yet · DNB fine: €2.25M (2022)
Products
Spot crypto (600+ assets), perpetuals (global), options, copy trading. Note: without MiFID II the EU derivatives offering is restricted.
Fees and Proof of Reserves
Spot 0.10%/0.10%; perps 0.02%/0.055% (base). Monthly Merkle-tree PoR on major assets — 31 consecutive reports.
Pros / cons
Pros: deep perps liquidity; MiCA licence; consistent monthly PoR; copy trading.
Cons: DNB fine history; no MiFID II; no real stocks; no collateral yield.
Best suited for
Perpetuals traders (outside EU restrictions), copy-trading users, derivatives-focused strategies.
Frequently asked questions
May Bybit offer perpetuals in the EU?
Without MiFID II the EU derivatives offering is limited; check the current status per country.