Bybit Trading Starter Pack: How to Get Started With Bybit Derivatives
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The Bybit Trading Starter Pack provides a comprehensive guide on how to get started with trading Derivatives on Bybit. The pack covers various topics, including creating a Bybit account, funding the account, understanding the Bybit Derivatives trading interface, adjusting leverage, closing trades and exploring Bybit’s trading tools.
Key Takeaways:
To trade on Bybit, users must create an account using either their email address or mobile number.
After setup, users can fund their accounts by depositing cryptocurrencies or purchasing crypto directly on Bybit.
Bybit offers a user-friendly interface for trading various Derivatives products, including futures, forwards, options and perpetual swaps.
Traders can choose leverage options, place trade orders, adjust leverage levels and utilize tools such as mark price and last price for assessing trades. Closing positions can be done through market orders or limit orders.