In this tutorial, we’ll explore how you can complete a series of tasks in Nad.fun for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on Nad.fun for the 

Task: Complete quests on Nad.fun with your Bybit Wallet

button in the upper-right corner of the page to connect your wallet (such as the Bybit Wallet).

: Complete the available tasks listed under 

: Enjoy an exclusive 1.2x multiplier on your weekly leaderboard points when you use your Bybit Wallet to participate!

Beginner

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How to complete Nad.fun tasks for the Bybit x Monad ecosystem airdrop

In this tutorial, we’ll explore how you can complete a series of tasks in Belief Market for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on Belief Market for the 

Task: Complete quests on Belief Market with your Bybit Wallet

 and enter your email address to sign up for the newsletter. Upon completion, you’ll receive 100 Belief Points (BPs) and a unique referral link.

: Use your referral link to invite friends and earn rewards at four milestones.

If you’re a Bybit user, you’ll be able to enjoy additional rewards for milestones 2, 3 and 4! For example, users who complete the third milestone will receive 2,000 BPs, while those who complete the fourth milestone will receive 4,000 BPs.

. The NFT rewards you’ve earned will be displayed in your profile.

: Once you’ve reached a milestone, you’ll receive an NFT representing your earned BPs and multipliers. This NFT will be sent to your Base wallet.

Your total BPs = (sum of all BPs) × any 3x multipliers you hold

Whenever you reach a milestone, you’ll receive an email from Belief Market. Reply with your blockchain wallet address, or join 

 channel and provide your address there. Once you receive your NFT, it represents your BPs. These NFTs will be converted to Belief Tokens when the token is released.

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How to complete Belief Market tasks for the Bybit x Monad ecosystem airdrop

In this tutorial, we’ll explore how you can complete a series of tasks in Plato for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on Plato for the 

Task: Complete quests on Plato with your Bybit Wallet

: Sign up for an account through the exclusive 

: Enter your email address and phone number, and verify your account. 

: Download the Plato app and sign in to your account. 

Once the app is downloaded onto your device, simply eat to earn FAT rewards! 

At the end of the event, users with the top amount of FAT rewards earned on the Plato Testnet will win rewards!

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How to complete Plato tasks for the Bybit x Monad ecosystem airdrop

In this tutorial, we’ll explore how you can complete a series of tasks in PumpBTC for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on PumpBTC for the 

Task: Complete quests on PumpBTC with your Bybit Wallet

: Once your wallet is connected, enter the amount you’d like to stake. Then, click on 

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How to complete PumpBTC tasks for the Bybit x Monad ecosystem airdrop

Bybit Learn

Bybit Guide

Master everything you need to know about Bybit fees, from maker taker fees, funding fees, deposit and withdrawal fees, and more.

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The cryptocurrency market has grown from an extremely new and illiquid market to an asset class with 

. Markets are open for trading 24 hours a day, 7 days a week, and getting involved is fairly straightforward. But first, you’ll need to find an exchange.

Cryptocurrency exchanges are marketplaces that allow you to buy and sell cryptocurrencies at market prices. Exchanges aggregate orders in order to provide ways to buy and sell at any time. Using exchanges involves costs, depending on the frequency with which you trade and the type of asset traded. We’ll take you through everything you need to know about Bybit trading fees so that you can trade with a clear idea of your costs.

Trading fees are the transaction costs you’re charged when you place an order on a marketplace exchange. Each type of transaction may have its own cost structure, which may be subject to change on short notice. In general, cryptocurrency trading fees include several types of costs.

Exchanges mainly generate commissions from the volumes traded. However, fees apply not only to trades, but to deposits and withdrawals, funding fees, margin and leverage costs, and even through bid-ask spread costs. Exchange fees usually vary from 0.1% to 1% or more per trade. But they varied from one exchange to another. Ultimately, it all boils down to the type of trading contracts and the exchange policies.

Bybit currently offers two zero fees campaigns. The first campaign is open to 

 from Mar 29, 2024, 10AM UTC to Apr 30, 2024, 9:59AM UTC.

 from Apr 8, 2024, 12PM (noon) UTC to May 11, 2024, 11:59PM UTC. You can enjoy trading nine EUR Spot pairs (

Additionally, if you're a new user making a minimum deposit of 100 EUR, you can also benefit from zero fees.

 without worrying about transaction fees.

Marketplaces match buy and sell orders in order books. The maker and taker system is a method of classifying those orders to determine trading fees. A maker and taker are charged different fees according to whether they’re adding to the order book or taking away from it.

The term “maker” refers to a market maker, who provides liquidity to the market. For example, a maker increases the market depth of an order book, often by placing limit orders that don’t get matched right away. These orders give other traders the opportunity to trade against them. Market makers pay lower fees than takers, and in some cases may get rebates. For example, Bybit offers the Market Maker Incentive Program for traders to get up to 0.015% in maker fee rebate.

In contrast, “takers” remove liquidity from the market. They place market orders to immediately take liquidity off the order books. When you place an order that’s immediately filled, you’re a taker — so you pay a fee.

Within any crypto exchange, traders act as either makers or takers. Makers provide liquidity and increase market depth of the order book while takers seek and take liquidity off the order book.

When it comes to determining whether or not an order is considered a “maker” or “taker”, the key lies in the immediacy of orders filled. 

 are always executed as taker orders but 

 may be executed as maker or taker orders. This is not to say that Limit Orders are inherently special. They are simply the only order type that doesn’t trigger an immediate buy or sell; a Market Order is immediate. 

: At Bybit, you can enable the post-only feature to ensure that limit orders are executed only as maker orders.

Bybit has a cost-effective fee structure that’s friendly to traders. The newly launched VIP program will revamp the existing trading fee rates for both the spot and derivatives markets, for which traders are only entitled to benefits from the VIP or Bybit Loyalty program.

Bybit differentiates between maker and taker fees by how quickly an order gets filled. Market Orders, which buy or sell at the best price in the market, execute immediately and are taker orders. 

On the contrary, Limit Orders are placed at a pre-specified price, and they execute when the market price is the same as, or better than, the limit. Limit Orders can be classified as maker or taker orders, depending on when they get filled.

The order value depends on the contract quantity and price. Its calculation also depends on whether you’re trading spot, a linear contract, a perpetual contract or an inverse contract and options contracts, which we’ll explain below.

Trading Fee = Filled Order Quantity x Trading Fee Rate

If the current price of BTC is $40,000. Traders can buy or sell 0.5 BTC for 20,000 USDT.

Trader A buys 0.5 BTC with a Market Order, so Trader A pays a taker’s fee of 0.0005 BTC. Therefore, Trader A will receive 0.4995 BTC.

Trader B buys 20,000 USDT with a Limit Order, and 0.1% of the maker’s fee is incurred. Therefore, Trader B will receive 19,980 USDT.

Spot Trading Fees Cross-Platform Comparison

Source: Official figures from each crypto exchange as of Aug 25, 2023.

Bybit Derivatives Trading Maker & Taker Fees

Perpetual Contracts Fee Cross-Platform Comparison

Source: Official figures from each crypto exchange as of Feb 17, 2023.

Crypto Options Fee Cross-Platform Comparison

Bybit Options Fees Before and After the Update

The updated options fee structure can be viewed in the table below:

VIP Program Crypto Options Trading Fees on Bybit

Bybit is running USDC-Settled Crypto Options to celebrate our Unified Trading Account (UTA) launch. All VIP and institutional clients will automatically enjoy zero fees for all options trades once they have upgraded to UTA. They can also trade without fees for the campaign's duration. 

Calculating Bybit Derivatives Trading Fees

Trading Fee = Order Value × Trading Fee Rate

For example, Trader A buys 10,000 BTCUSD contracts using a Market Order. Trader B sells 10,000 BTCUSD contracts using a Limit Order. If the execution price is $40,000:

Upon execution, Trader A will pay a taker’s fee of 0.00015 BTC. Trader B will pay a maker’s fee of 0.000025 BTC.

In addition to the changes, Bybit offers a Market Maker Incentive Program to get up to -0.01% of the maker fee rebate. The taker fee rate is still determined by the respective VIP Level for market makers. Please refer to 

 for the requirements and application method. 

Bybit has introduced newly revamped competitive trading fees that constitute two new VIP and PRO tiers. These changes will make fees more cost-efficient for both makers and takers who transact, both on the Spot and Derivatives markets.

Here’s an overview of the trading fees for institutions using Bybit as a crypto trading platform:

Perpetual / Futures Market-Making Program

Bybit Fees: Everything You Need to Know Before Trading Crypto [Updated]

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards