I tried Bybit. The Unified Trading Account is a game changer. Find out why.
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00:00.0
Narinig mo na ba yung Bybit?
00:02.0
It's a cryptocurrency exchange
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and recently, kinontact nila ako
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and asked me if I can do an honest
00:08.0
review of their exchange.
00:10.0
So if you're already trading cryptocurrencies
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o kaya naghahanap ka ng exchange to trade
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cryptocurrencies with, stick around
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kasi baka magbago ang isip mo
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and you may just want to try out Bybit.
00:20.0
Hey guys, what's up? It's Chris Tan
00:22.0
and on this video, pag-uusapan natin at
00:24.0
irereview natin yung Bybit na crypto
00:26.0
exchange. Now before we even open
00:28.0
their website and check out all the features,
00:30.0
ang unang-unang kailangan natin gawin is
00:32.0
check natin ano ba yung capabilities
00:36.0
Bybit at kung okay ba sila
00:38.0
na kumpanya. So I went to CoinMarketCap
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para makita natin kung ano ba yung
00:42.0
position ng Bybit compared to all other
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cryptocurrency exchanges and this is what I
00:46.0
found out. As you can see here on the top
00:48.0
crypto spot exchanges, Bybit
00:52.0
and they have a trading volume of
00:58.0
And if you look at the number of coins they have, they have 440
01:00.0
crypto coins available on
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their exchange. Ngayon tignan naman natin yung
01:04.0
total assets nila. They have over
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$2.6 billion dollars
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in assets in their exchange.
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So that tells me that Bybit is big enough.
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That's good. And they have the trading
01:14.0
volume to be able to support the market.
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Ngayon tignan naman natin yung Bybit as a
01:18.0
derivatives exchange and see how they
01:20.0
rank. Now for those that don't know,
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derivatives trading is actually more
01:24.0
advanced trading. That's the options,
01:26.0
perpetual, futures,
01:28.0
margin trades. And if you're not familiar
01:30.0
with any of this, stay away muna from
01:32.0
this type of trading and stick with spot
01:34.0
trading muna. Spot trading is just buying and selling
01:36.0
of cryptocurrencies. But if
01:38.0
you want more advanced trading where you can make
01:40.0
more money, derivatives trading is
01:42.0
the way to go but it also involves more
01:44.0
risk. Let's look at how good Bybit
01:46.0
is as a derivatives exchange.
01:48.0
Wow! Dito naman as a
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derivatives exchange, Bybit is
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number two. They're even better
01:54.0
as a derivatives exchange. Okay, so
01:56.0
for all the derivatives trader watching this
01:58.0
video, you may want to consider getting on
02:00.0
Bybit for the following reasons. Number
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one, yung trading volume nila
02:08.0
And their trading fees are fairly competitive
02:10.0
and they're also available in
02:14.0
based on that information, that
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gives me a lot of confidence in Bybit as
02:18.0
an exchange. Wow! Now I'm excited
02:20.0
to try out Bybit. Let's check
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out the features that I liked about
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Bybit. Okay, the first thing I noticed
02:26.0
is that they have a unified trading
02:28.0
account. Ang ibig sabihin ng unified
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trading account is that all your money
02:32.0
is in one account.
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So you can do spot trading, you can do
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margin, you can do options, you can
02:38.0
do perpetual, futures, any
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kind of trading, all in one
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account. And that's the advantage of
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a unified trading account. Di mo na tinatransfer
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yung pera mo from one account to the other
02:48.0
and you're not sure where your money is.
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This one, it's in one account
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and it's gonna be very easy to determine
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and you're gonna be able to use that money for
02:56.0
all types of trade that you do. The next
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feature that I liked about Bybit na tingin ko
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wala sa mga ibang exchanges. Pag pumunta
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ka sa tools, makikita mo
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dito, meron nakalagay dyan na trade
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GPT. This one impressed me
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because I've always liked the idea
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na pwede mong gamitin ang AI
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to be able to help you analyze
03:14.0
information. So for example,
03:16.0
if you want to ask, trade GPT
03:20.0
bottomed out. So it'll give you the price trend,
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it'll give you all the technical
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indicators to be able to help you
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make a decision kung magandang
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time na ba bumili ng Bitcoin o kaya hindi
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pa magandang time. You can pretty much
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ask trade GPT any
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question you want regarding
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trading and crypto and they'll
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give you all the information they have.
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And so far, mukhang okay naman
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siya to be able to give me information that I'm
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looking for. Para hindi ko nakahanapin,
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tatanungin ko na lang si trade GPT.
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So this makes trading better
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and gives you access to information faster.
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Isa pang nagustuhan ko sa Bybit,
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yung Web3 portal nila.
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Pagkinlig mo yung Web3, it allows
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you access to all the different
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Web3. And it allows you to
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connect your Web3 wallet.
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Now from here, pwede mo na inavigate yung buong
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Web3 space. Next,
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like any good exchange, it has
04:12.0
to have a good earn program.
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So go to the finance tab and click
04:16.0
earn and dito mo makikita lahat-lahat
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ng mga different products where you
04:20.0
can let your money work for you.
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And para sa akin, this is an important aspect
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because it allows you to generate
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passive income from your cryptocurrencies.
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And last but not least,
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kailangan natin malaman paano
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ide-deposit ang pera natin into
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Bybit. Okay, so all you have
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to do now is click buy crypto
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and then you have several options available
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for you. I like to do P2P trading
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meaning peer-to-peer. So
04:44.0
dito, you're gonna just change the currency
04:48.0
At dito mo makikita lahat
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ng mga nagtatrade ng USDT
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using Philippine pesos.
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At pag hindi mo pa natry P2P trading, it's
04:56.0
actually very safe to do and it's
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very fast and convenient. Now, for
05:00.0
those that aren't comfortable with P2P
05:02.0
trading, pwede ka rin pumunta doon sa
05:04.0
one-click buy where you just basically type
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kung magkano ang gusto mong bilhin
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ng USDT using Philippine pesos
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tapos tignan mo. You can do bank transfer
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o kaya you can pay through Gcash,
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Maya, Union Bank, CBank, or
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Coins.ph. And then click mo lang buy
05:18.0
with PHP and you're ready to go.
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And that's it. I think that Bybit
05:22.0
is a good exchange to be able to trade with
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and they have a lot of options to cash
05:26.0
in and to cash out and they have the
05:28.0
TradeGPT which is an excellent
05:30.0
feature on top of all their other features.
05:32.0
Okay, kung gusto na rin nyo gamitin
05:34.0
ng Bybit to be able to trade cryptocurrencies,
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I'll leave you my referral link in the description
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below to get you started.
05:40.0
This is Chris Tan. Sana nakatulong itong video
05:42.0
na ito and I'll see you guys on my next video.
