I have written an article on Bybit’s cryptocurrency trading (BTC and NFT) and explained it. Once you have opened an account and know how to deposit and withdraw funds, all you have to do is trade. To trade, you need to understand Bybit’s trading screen. At first, just take a quick look and review it when you actually trade.
transaction screen
Please log in first. If you have not yet opened an account, please refer to the article below. Registration is required to begin purchasing crypto assets. The following pages provide information and instructions. Once you have invested funds, you can trade in Bitcoin and other currencies, and you can also use tools such as MT4, so check out the terms and conditions now. If a loss occurs, it will be cut out, so it is safe.
After logging in, you can move to the actual transaction screen by clicking the actual item. The main chart uses the Trading View system, which is also used by other exchanges, so even people who are familiar with other exchanges will be able to use it immediately.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-38.png)
For USDT perpetual contract and inverse perpetual contract, you can select from “Derivatives” at the top of the screen. You can see the chart by selecting and clicking on your favorite currency pair.
Inverse unlimited and USDT unlimited have the following differences.
Inverse Unlimited: Trade cryptocurrencies in your wallet as margin
USDT Perpetual: Trade with USDT as Margin
Trading pair selection method
You can select a trading pair from the top left of the screen. If you click the currently displayed currency pair, a list of currency pairs that can be traded will appear at the bottom, so you can switch by clicking.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-51.png)
How to order
The following is the latest information screen, and the upper part of the total assets column on the right side can be set in the order column. As you can see, the details of the functions are excellent, and the calculations are made while making adjustments, and you can order while looking at the numbers. Bybit supports many coins, and is widely accepted among overseas exchanges. Although it is not visible in this image, the funding rate is also displayed.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-40-1024x600.png)
Type of order method
You can use the following ordering methods: Whether it’s long or short, use this as a reference when getting started. If you can accommodate this order format and content, it will be easier to make a positive profit or loss. Bybit allows you to trade a variety of coins such as BTC, ETH, and USDT compared to other companies.
market order | It is an order method that is immediately executed at the best quote price available from the order book. |
limit order | It is an order method that determines the contract quantity and limit price, and is executed when the set limit price is reached and the counter order is matched. |
conditional order | An order method that fills when the price reaches the trigger price. |
Order procedure
The screen below is for spot trading. The operation method is as follows. You can also follow the steps from the app. You can create transactions from various stocks by referring to the home screen. You can also confirm additional orders and hold multiple orders.
1. Set the margin type and leverage ratio,
2. Select the order type.
3. Enter the limit price (for limit orders)
4. Enter quantity
5. You can place an order with the buy or sell button.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-42.png)
market order
A new market order is an easy and instant way to place an order. By entering a quantity, you can immediately place an order by clicking Buy or Sell.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-43.png)
limit order
It is basically the same as a market order. There are more places to enter the limit price. Decide on your limit price. Then decide the quantity and place the order.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-44.png)
conditional order
Bybit has conditional orders such as stop orders and stop orders. You can set it with one click on the order confirmation screen.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-45.png)
Check assets and balances
The right side of the trading screen shows your assets and available balance in real time. You can check your balance here.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-46.png)
Assets: Amount of money held across accounts
Balance: total amount excluding withdrawal requests and orders
Open positions and settlement history
You can check the history of your current open positions and orders in a list. You can see the status of various orders from “Orders” on the upper right of the screen.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-47.png)
By clicking on it, you can check the current holding position and transaction history. You can choose what you want to see from the menu on the left. Of course, at the bottom of the trading screen, you can check the list of positions and orders you are currently placing.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-49-1024x682.png)
Payment Method
You can easily settle the position you have. At the bottom of the screen, you can check the list of positions and order history that you are currently placing. You can confirm, change, or cancel any order once placed here.
![](https://www.coinexchageworld.com/wp-content/uploads/2023/01/image-50.png)
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