Bybit
A fast derivatives platform popular with Vietnamese traders
Risk warning: cryptocurrency trading is highly volatile and may not be suitable for all investors. Never invest more than you can afford to lose.
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Funding in Vietnam
Bybit supports VND funding through its P2P market with escrow. Common local payment methods: Bank transfer, MoMo, ZaloPay. Note that all foreign exchanges are subject to Vietnam's proposed restrictions on unlicensed platforms.
Key facts
- Founded
- 2018
- Headquarters
- Dubai (registered in BVI)
- Max leverage
- 100x
- Coins listed
- ~700+
Overall rating
Trading fees
Bybit in Vietnam: overview
Bybit, founded in 2018 and headquartered in Dubai (registered in the BVI), has grown into one of the most popular exchanges among Vietnamese derivatives traders. It offers roughly 700 coins, a Vietnamese-language app, and is particularly well-regarded for its futures and perpetuals infrastructure. Copy trading and a one-click buy feature for beginners round out an offer that appeals to a wide range of Vietnamese users, from first-time buyers to active leveraged traders.
Fees for Vietnamese traders
Bybit charges 0.10% on both sides for spot trading. Futures fees are 0.02% maker / 0.055% taker with leverage available up to 100x. The futures taker fee of 0.055% is fractionally higher than several competitors, but Bybit's derivatives liquidity is deep, which matters more for active futures traders than a few basis points in fees.
Funding with VND: P2P, bank transfer, MoMo & ZaloPay
Bybit supports VND P2P deposits and withdrawals via bank transfer, MoMo, and ZaloPay, with an additional one-click buy feature that simplifies the P2P process for less experienced users. The escrow model is standard: pay a merchant in VND through your preferred channel, and the stablecoin is released to your Bybit wallet. Bybit's P2P section is well-established in Vietnam and typically offers a healthy selection of merchants and competitive rates.
Vietnamese language & local support
Bybit provides a full Vietnamese-language interface on its mobile app and web platform. Help articles, trading guides, and live chat support are available in Vietnamese. The Bybit app is highly rated on both iOS and Android and is optimised for the mobile-first trading habits of Vietnamese users. Bybit also runs localized promotions and educational content in Vietnamese, which helps build familiarity with its more advanced derivatives products.
Is Bybit legal and safe in Vietnam?
Bybit, like all major foreign exchanges, operates under the same Vietnamese regulatory framework: crypto is legal as property since January 2026, and Bybit is one of the platforms named in the Ministry of Finance's proposed ban on unlicensed foreign exchanges. That proposal has not yet become law; a transition period is expected once a domestic licence is first granted (targeted around Q3 2026). Until then, Vietnamese traders use Bybit legally. The 0.1% Personal Income Tax on each transfer applies from 2026. Bybit maintains Proof of Reserves and standard exchange security measures.
Pros
- Among the fastest, cleanest derivatives platforms
- Strong copy trading and VND P2P with one-click buy
- Beginner-friendly app with Vietnamese support
Cons
- Named in Vietnam's proposed foreign-platform restrictions
- Spot maker fee (0.10%) higher than OKX
Our verdict
Bybit is the derivatives trader's pick — fast, liquid and easy to fund with VND via P2P. As with all foreign exchanges here, weigh the proposed Vietnamese restrictions before committing.
Sign-up bonus
Bybit runs a tiered referral program and periodic new-user reward pools. Value depends on the active campaign — terms apply.
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Frequently asked questions
Is Bybit legal in Vietnam?
Currently yes — crypto is legal as property since January 2026 and no law yet bans foreign exchanges. However, Bybit is named in a draft regulation that would prohibit trading on unlicensed foreign platforms. That rule has not taken effect, and a transition period is expected. Check regulatory developments, especially once Vietnam's first domestic licence is issued.
How do I deposit VND on Bybit?
Use Bybit P2P or the one-click buy feature. Select VND, pick a merchant, and pay via bank transfer, MoMo, or ZaloPay. Once payment is confirmed, USDT or another stablecoin is released to your Bybit wallet from escrow.
Is Bybit good for futures trading in Vietnam?
Yes. Bybit started as a derivatives-focused exchange and has deep liquidity for perpetual and futures contracts. Leverage up to 100x is available, futures fees are 0.02% maker / 0.055% taker, and the platform has a strong reputation among Vietnamese traders who focus on leveraged products.
Does Bybit support Vietnamese language?
Yes. Bybit has a full Vietnamese-language interface, including the app, website, help centre, and live chat support.