BYBIT EXCHANGE TUTORIAL | HOW TO TRADE BITCOIN, ETHEREUM, XRP AND EOS ON THE BYBIT EXCHANGE (USDT)

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Күн бұрын

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Today I will explain how you can trade Bitcoin on the Bybit exchange. Bybit added something new to the platform, the USDT perpetual contract. Bybit improved their interface and made some adjustments I want to go over in this video.
After this video you know how to quickly open Long & short positions, flip positions if your trade is going into the other direction, set a trailing stop, hedge your positions and at the end of this video I will show you a trick how you can avoid paying extra fees. Leave a LIKE when you enjoyed watching this video!
1:07 Why Bybit
2:09 Deposit Bitcoin
2:24 USDT Contract
2:57 Exchange Bitcoin to USDT
4:14 Open a position
7:09 Trailing stop
7:50 Long & Short at the same time
8:40 Flip position
9:20 Quick open long and short
9:53 Avoid extra fees
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Пікірлер: 48

@TheBlockchainToday 4 жыл бұрын

👉 JOIN BYBIT HERE (4100$ BONUS & 10% Off Fees) : bybit.theblockchaintoday.com (Only available with link above) 1:07 Why Bybit 2:09 Deposit Bitcoin 2:24 USDT Contract 2:57 Exchange Bitcoin to USDT 4:14 Open a position 7:09 Trailing stop 7:50 Long & Short at the same time 8:40 Flip position 9:20 Quick open long and short 9:53 Avoid extra fees

@brianv0nlind 4 жыл бұрын

woah thanks for this great explanation. I cant believe i didnt know about this sooner!

@KaterinaSvobodovaIloveyou 3 жыл бұрын

there is not much info about, it interactive brokers have it too ;-)

@tarqscam8491 4 жыл бұрын

That was very clear and concise. Excellent.

@TheBlockchainToday 4 жыл бұрын

TarqsCam Thanks!

@foxfoxfoxfoxfoxfoxfoxfox 2 жыл бұрын

Thanks~~~~

@whitewolfnk 4 жыл бұрын

Love this video and explanation 👏

@TheBlockchainToday 4 жыл бұрын

Thanks!!

@foxfoxfoxfoxfoxfoxfoxfox 2 жыл бұрын

Thanks~~~~

@KaterinaSvobodovaIloveyou 3 жыл бұрын

Thank you so much for sharing your knowledge. I love the headging and trailing stop loss Its the best so far !!!!

@TheBlockchainToday 3 жыл бұрын

Katerina Svobodova thank you!

@foxfoxfoxfoxfoxfoxfoxfox 2 жыл бұрын

Thanks~~~~

@TheTrillionDollarTradeMovie 4 жыл бұрын

Very nice tutorial, and so well explained. Much appreciated, thank you!

@TheBlockchainToday 4 жыл бұрын

Ayla S With pleasure! 👍🏼

@foxfoxfoxfoxfoxfoxfoxfox 2 жыл бұрын

Thanks~~~~

@CryptoTakeOver 4 жыл бұрын

Great explanation video thank you

@TheBlockchainToday 4 жыл бұрын

CryptoTakeOver Thank you!!

@foxfoxfoxfoxfoxfoxfoxfox 2 жыл бұрын

Thanks~~~~

@IDonShipCh 3 жыл бұрын

I always thought derivative trading would be a rather complex process as compared to regular spot exchanges, but you explained it so well that I'm gonna give myself a shot at this. Thanks very much for this great tutorial!

@foxfoxfoxfoxfoxfoxfoxfox 2 жыл бұрын

Thanks~~~~

@TimYounkin 4 жыл бұрын

thanks

@foxfoxfoxfoxfoxfoxfoxfox 2 жыл бұрын

Thanks~~~~

@noiseforthealgorithm4668 3 жыл бұрын

How do you then covert USDT into USD or EUR? thanks

@foxfoxfoxfoxfoxfoxfoxfox 2 жыл бұрын

Thanks~~~~

@SagaraUrz Жыл бұрын

The exchange button is not there anymore, i can't find a way to transform my USDC into USDT

@davidfahed3868 4 жыл бұрын

i loved your video! very well explained! i have a quick question about inversing the position : does it mean that for example if i am in a long and i want to close it and take my profits and open a short i can just flip my postion? or if i flip it i won't take my profits from the previous position (long)?

@TheBlockchainToday 4 жыл бұрын

Yes when you flip your position it will take your whole position into a short position. So if you where long and made some gains on that, it will take the whole amount into a short position. Thanks for your comment!

@davidfahed3868 4 жыл бұрын

@@TheBlockchainToday thanks for the help! 😃

@champie2323 4 жыл бұрын

Nice. I've been using phemex but might start trying this out.

@TheBlockchainToday 4 жыл бұрын

Good thing Phemex has is that you can have sub-accounts. Bybit is not offering that yet. But right now Bybit and Phemex are quite similar. These extra features on Bybit like flipping your position is nice