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How to trade on Bybit for overseas Chinese users

Beginner
Bybit Guide
Apr 7, 2025
4 min read

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Detailed Summary

Bybit is a top-tier cryptocurrency exchange with a fully localized interface. Users can easily navigate the platform and access a variety of trading options, including spot trading, staking and derivatives trading with leverage of up to 100x. The platform offers a user-friendly experience with streamlined order execution and robust risk management tools. We provide clear step-by-step guides, so even those who are just beginning their crypto investment journeys can trade with confidence and efficiency.

Key Takeaways:

  • Overseas Chinese users (those who reside outside of China and restricted jurisdictions) with Mainland identification documents can register and trade on Bybit.

  • Overseas Chinese users who have passed know-your-customer (KYC) are eligible to participate in Bybit's products and services. 

  • Bybit elevates the trading experience of overseas Chinese users by frequently hosting Mandarin livestream events with exciting rewards.

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Introduction

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 65 million users globally. Retail traders choose Bybit for its seamless and intuitive trading experience, while institutional clients rely on its deep liquidity and robust security framework. Recognized for its user-friendly interface, advanced trading features, and strong security measures, Bybit is a trusted platform for trading cryptocurrencies, gold, forex, and other commodities.

Getting started with Bybit

Registration for overseas Chinese users

Chinese users residing outside mainland China can sign up on Bybit using their mainland Chinese ID or passport. It is important to note that Bybit does not permit trading in the Chinese yuan (CNY).

Creating a Bybit account

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Step 1: Visit Bybit’s official website.

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Step 2: Register using an email address or phone number. After registering, complete the identity verification process by providing the required identification documents. Once it is done, you will be prompted to fund your account.

Funding your Bybit account

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Bybit offers multiple methods to fund your account:

  • Crypto deposits: Deposit cryptocurrencies like BTC, USDC or USDT directly into your Bybit wallet on supported blockchain networks.

  • Fiat deposits: While direct fiat deposits in CNY are not supported, you can utilize peer-to-peer (P2P) trading to exchange fiat currencies for the desired cryptocurrencies. Bybit's P2P platform allows users to trade directly with one another, providing a convenient method to fund accounts.

Trading on Bybit

Bybit's platform is fully localized for overseas mandarin users, offering a seamless trading experience.

Step-by-step trading guide

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1. Navigate to the trading interface: After logging in, select the Trade option to access the trading dashboard.

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2. Choose a trading pair: Select from various trading pairs, such as BTC/USDT or ETH/USDT.

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3. Place an order: Choose the type of order you wish to place — market, limit or conditional — then enter the desired amount and execute your trade.

Exploring other features for overseas Chinese users

Other popular Bybit products include:

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  • Derivatives trading: Access futures contracts with leverage options of up to 100x, allowing for amplified trading positions.

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Exciting events for overseas Chinese users

Bybit is committed to engaging with our users through a variety of innovative and rewarding events. One event that just ended is the Fortune Rewards Festival, where participants earned points by completing a range of activities — from trading challenges to educational quizzes. These points could be redeemed for attractive prizes, including cash rewards and luxury items, such as a Mercedes-Maybach car. Look out for our next event in Q2 2025 for more exciting rewards.

Additionally, Bybit frequently hosts Mandarin livestream events tailored to overseas Chinese users, offering exciting rewards to boost their trading experience.

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Conclusion

Bybit offers a robust, secure and user-friendly trading platform to meet the unique needs of overseas Chinese users. Our fully localized interface, combined with a diverse range of trading options — from spot and derivatives trading to staking and savings — help our users participate with confidence in the crypto market. 

Moreover, our exciting events — such as our Mandarin livestreams and Fortune Rewards Festival — also enhance the overall trading experience by rewarding active participation. We remain dedicated to supporting our community through continual innovation and educational initiatives so that our platform evolves alongside global crypto trends. Sign up today so you can explore Bybit’s extensive features and join our upcoming events to elevate your trading journey.

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