I just test it and I like it. Bybit currently has 35% of the Bitmex volume on BTC and nearly 50% on the ETH/USD which is very good!
Sorry, how do you count? And what do you think all orders are real? Many equal orders can say more than any investigations Well, numbers are from their own sites. At least what Bitmex & Bybit are giving... Are the numbers manipulated, it's another story.
Current Bitmex @ BTC:
24H Volume 1,383,153,078 USD
Open Interest 821,992,112 USD
Current Bybit @ BTC:
24hr Volume 470,111,901 Contracts
Open Interest 172,149,044
Contract Value 1 USD
You are great. Thanks
Do you self trust those volumes? I have nothing against ByBit but I saw so many 'excellent' exchanges with good UI and volumes ... Have anyone investigation or the same about founders, team, location etc? Or it should be made?
That's my major concern too. Bybit has been heavily shilled in the last few months by some so called 'Pro traders' on Crypto Twitter. Judging from the exchange platform overview, It looks good, really good. But my concern goes beyond just UI/UX. I'm more concerned about the security of the exchange that would be in charge of my funds. I'll keep an eye on Bybit for now. I'm still using 2x leverage on Binance.
Takes time to gain adoption. Bybit reputation has been growing quickly