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Live dataMedium riskCentralized Exchange

Bybit Staking Review

Earn while you trade on a top derivatives exchange

3.8/5
Avg APY
4.8%
TVL
$6B
Min Stake
Varies
Founded
2018

* Affiliate link β€” we may earn a commission at no cost to you

Quick facts
TypeCentralized Exchange
CustodyCustodial
FeesBuilt into rates
Lock periodFlexible and locked terms
Insurance❌ No
Audited⚠️ Partial
HQDubai, UAE

What is Bybit?

Bybit is a Centralized Exchange rated 3.8 out of 5 in our reviews. In plain terms, it's a place to put your crypto to work and earn staking rewards β€” currently around 4.8% APY on average. If you're just starting out, the key thing to know is what kind of platform it is: Centralized Exchange platforms differ in who holds your keys, how much control you keep, and how the fees (Built into rates) are charged.

Is Bybit good for staking beginners?

The short answer: Bybit works well if its trade-offs match what you need. What people like: high liquidity and competitive earn rates; 40+ stakeable assets. What to keep in mind: not available in the us, uk, and some eu countries; custodial. For a first-time staker, the biggest questions are whether the Built into rates fee structure eats into your ~4.8% return and whether you're comfortable with how Bybit handles custody.

How to get started on Bybit

Getting going is straightforward: create and verify your account, deposit the crypto you want to stake, then choose the staking option and confirm. Start with a small amount you're comfortable leaving staked, check the unbonding/lock-up terms before you commit, and only scale up once you've seen a reward payout land. The step-by-step guide below walks through it for Bybit specifically.

About Bybit

Bybit's Earn products offer flexible and fixed staking with competitive APYs. Best known for derivatives trading, Bybit has grown its staking offering to 40+ assets.

Is Bybit right for you?

βœ… What we like
  • β€’High liquidity and competitive Earn rates
  • β€’40+ stakeable assets
  • β€’Dual Investment and Launchpad bonuses
  • β€’24/7 customer support
⚠️ Watch out for
  • β€’Not available in the US, UK, and some EU countries
  • β€’Custodial
  • β€’Primarily known for derivatives β€” staking is secondary

What can you stake on Bybit?

How to stake on Bybit

1

Register on Bybit

Go to bybit.com and complete account registration.

2

Deposit crypto

Transfer assets to your Bybit Funding Account.

3

Open Bybit Earn

Navigate to Finance > Bybit Earn and select your asset.

4

Start earning

Choose flexible or locked, enter amount, and confirm.

Bybit staking β€” common questions

Is Bybit safe for staking?

Bybit has a strong track record but is not regulated in most major jurisdictions. Use at your own risk and don't store more than you're comfortable with.

How does Bybit stack up?

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Ready to stake on Bybit?

Earn 4.8% APY on average with Bybit.