How to trade Bybit futures

You can't fund futures with fiat directly, so first buy USDT (Tether) on a local exchange and send it to Bybit.

• Log in → [Assets] → [Deposit] → pick USDT
• Network: TRC20 (cheap, fast — most people use this) or ERC20 (safer but higher fees)
• Copy the deposit address exactly and paste it in the other exchange's withdrawal screen
• First withdrawals can be delayed 24–72 hours by local KYC / travel rules.

Fresh deposits land in the [Spot wallet]. You can't trade futures until you move them: [Assets] → [Wallet Transfer] → Spot → Unified / Derivatives.

Transfers are free and instant, and you can move funds back the other way any time. As a beginner, keep only a small portion in the derivatives wallet to limit accidental losses.

Once the transfer is done, jump to the trading screen.

• Top menu [Derivatives] → [USDT Perpetual]
• Beginners: start with BTCUSDT or ETHUSDT — deepest liquidity, minimal slippage.
• Left of the chart: buy (Long) / sell (Short) order panel
• Right of the chart: order book, recent trades, positions, orders
• Switch timeframes at the top (15m / 1h / 4h) to read the trend.

Leverage is set at the top of the order panel. Bybit supports up to 100×, but higher leverage brings the liquidation price extremely close to entry — a small adverse move can wipe out the margin.

• Beginners: 3–5× (an amount you can hold through drawdowns)
• Intermediate: 10–20× (always with a stop-loss)
• Up to 100× available (effectively gambling — not recommended)
• Margin mode: use Isolated — losses stay confined to that position's margin instead of eating other funds.

In the middle of the order panel, pick your order type, size and direction.

• Limit: your chosen price — fills slower but pays the cheaper Maker fee.
• Market: fills instantly at market — pays the higher Taker fee.
• Enter size (USDT or contracts), then click Long (Buy) or Short (Sell).
• Double-check liquidation price, required margin and estimated fees in the confirmation.

Tick the TP/SL box at the bottom of the order panel to set them at entry. You won't need to watch the market — overnight and work-hour crashes stop hurting.

• SL: about -1 to -2% from entry (with 5× leverage, that keeps risk under 2% of account)
• TP: at least 2× the SL distance (risk-reward ≥ 1:2)
• You can adjust either from the [Positions] tab at any time
• Once in profit, move SL to entry (break-even) to remove the loss possibility.

Manage everything from the [Positions] tab in real time.

• Live PnL, liquidation price, ROI
• Partial close: enter part of the size to lock in profit in stages
• Full close: [Market Close] closes the position instantly
• In heavy profit, trail the stop upward to protect gains.

20% of every fee is auto-settled the next day at 00:00 UTC and deposited to [Rewards Hub]. No claim required — move it to your spot wallet or reuse it as margin instantly.

[Rewards Hub] → [My Rewards] → Affiliate Rebate shows the daily history, exportable to CSV for accounting.