There are a total of five ways you can buy USDC on Bybit: via Bybit P2P, Bybit One-Click Buy, Auto-Invest, Bybit Card and Bybit Convert. Learn more here.

 that maintains a 1:1 value with the US dollar through full reserves held in regulated financial institutions. This stability makes USDC an attractive option for traders looking to participate in the crypto market with reduced price volatility.

In this guide, we’ll explore the multiple ways to buy USDC on Bybit, detailing five distinct purchasing methods tailored to different preferences. You'll also discover practical applications for your USDC holdings, from trading opportunities to payment solutions and investment strategies.

Whether you prefer trading directly with other users or making quick purchases with a credit card, there's an option for you. Let's examine each method in detail.

 allows individuals and businesses to buy and sell USDC via peer-to-peer mode without intermediaries. You simply transact with another trader to purchase or sell your crypto with zero fees.

There are two main parties on the P2P platform — makers and takers. Makers place ads for buying or selling cryptocurrency, while takers are the users who place orders through the existing ads created by makers. Neither makers nor takers pay any fees on completed orders.

If you decide to go the P2P route to buy your USDC, you can either place a buy ad as a maker, or select an existing offer as a taker. Placing ads is completely free, although specific trading activity requirements exist. If you're a beginning trader on the platform, and want the easiest way to purchase USDC, selecting an offer from an existing ad as a taker is probably the preferred route.

If you need to trade USDC in large volumes (typically tens or hundreds of thousands of USDC per transaction), you may also choose to consider 

, which offers high order limits — up to $200,000 per order — as well as expedited transaction processing.

 feature to complete your USDC order efficiently. HotSwap combines offers from P2P traders with liquidity options from third parties, potentially delivering more choices and options.

Steps for buying USDC via the standard P2P option

2. How to buy USDC via Bybit One-Click Buy

The One-Click Buy service lets you quickly purchase crypto using several supported payment modes: P2P, bank card payments, third-party payments and your account's fiat balance. You can use a credit or debit card (including the Mastercard-powered 

), bank transfers, Apple Pay, Google Pay and other payment methods.

 is another way to purchase USDC on Bybit. The Auto-Invest option allows you to automatically buy crypto at regular intervals using the popular 

Bybit Card is a Mastercard crypto debit card that allows you to make online payments. The card is available to users in specific regions — EEA and CH, AIFC, Australia, Brazil and Argentina — with more locations to be added in the future. It's accepted by more than 90 million merchants within the Mastercard network. Upon successfully applying for your Bybit Card, you may proceed to 

 while you order and wait for your physical card to arrive. 

It's easy to buy USDC using the Bybit Card, as you enjoy reward features like loyalty points and cashback for USDC transactions. The steps for buying USDC using the Bybit Card are nearly the same as shown above in the One-Click Buy section, the only difference being that you'll need to specify your Bybit Card as the preferred payment method.

 lets you easily swap crypto assets without directly trading through the P2P route or other channels. Using Bybit's order books, the platform matches your order with current suitable orders and executes the requested swap. By leveraging Bybit's vast trading volumes and activity, Bybit Convert enables swift and efficient swaps.

If you have non-USDC crypto funds in your account, you can take advantage of the 

 function to buy the stablecoin as follows:

Steps to for buying USDC via Bybit Convert

USDC is more than just a stablecoin for trading; it offers various applications within and beyond the Bybit ecosystem.

USDC serves as a reliable base currency for trading various cryptocurrencies on Bybit.

Trading with USDC helps mitigate volatility risks between trades, as its value remains stable at approximately $1, allowing traders to preserve capital during market downturns.

USDC has emerged as a popular payment method due to its stability and wide acceptance.

Platforms on which users can make USDC payments include Travala for travel bookings, Newegg for electronics, and various crypto-friendly merchants via payment processors, such as BitPay and Coinbase Commerce.

USDC offers various investment opportunities on Bybit and beyond.

The benefit of investing with USDC is that your principal amount remains stable while generating returns, which is particularly attractive in volatile market conditions.

USDC combines dollar stability with digital efficiency on the Bybit platform. This guide has detailed five ways to purchase USDC, and explored its versatile applications for trading, payments and investing. Armed with this knowledge, you can confidently navigate Bybit's ecosystem and make the most of what USDC has to offer.

Beginner

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A complete guide on how to buy USDC on Bybit

Apr 21, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

 explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly highlight — Trump wants to fire Powell? 

US president Donald Trump is actively considering firing Federal Reserve Chairman Jerome Powell, following Trump's public criticism of Powell for not moving quickly enough to reduce interest rates. National Economic Council Director Kevin Hassett confirmed that the administration is examining this option, suggesting that Powell's actions have politically favored Democrats. Hassett argued that the Federal Reserve's decision to raise interest rates shortly after Trump took office was intended to undermine the economic impact of the tax cuts implemented during his administration, which were deemed inflationary. He further criticized the Fed for not addressing inflation concerns stemming from federal spending under President Biden, implying a lack of accountability.

During a recent press conference, Trump conveyed his dissatisfaction with Powell, asserting that if he wanted to remove him, it could happen "real fast." While he did not explicitly state his intention to dismiss Powell, his remarks highlighted the growing tensions between the White House and the Federal Reserve regarding monetary policy. Hassett defended Trump's frustrations, advocating for a focus on economic policy rather than interpersonal conflicts. This situation underscores the complex dynamics between the executive branch and the central bank, as Trump navigates economic challenges leading up to the next election.

Weekly crypto highlight — XRP ETF coming

HashKey Capital has officially launched the HashKey XRP Tracker Fund, marking the first investment fund in Asia designed specifically to track the performance of XRP, the digital asset integral to Ripple's global payment ecosystem. This fund is aimed at professional investors and offers a unique opportunity to gain exposure to XRP without the complexities of direct asset management. Investors can subscribe through cash and in-kind options, with the fund providing monthly liquidity.

Ripple, as an early backer of the fund, is looking to enhance its strategic partnership with HashKey Capital, which already manages Hong Kong–listed spot ETFs for Bitcoin and Ethereum. This collaboration not only solidifies Ripple's presence in the Asian market, but also opens avenues for future financial products, such as the potential tokenization of a money market fund on the XRP Ledger. Fiona Murray, Ripple's Managing Director for the Asia-Pacific region, highlighted that this partnership is part of a broader strategy to introduce more regulated cryptocurrency products for institutional investors in the region, aiming to foster a more robust crypto landscape in Asia.

Advanced

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Weekly Institutional Insights: Trump’s desire to fire Powell might induce volatility; XRP ETF coming

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards.

Daily top performer — Pyth Network (PYTH)

The S&P 500 dropped 1.5% to 5,282.70 this week, down 5.9% in April and 10% year-to-date, led by tech losses. Real estate and energy outperformed, while political pressure on Fed Chair Powell and inflation concerns weighed on sentiment. Gold dipped 0.6% to $3,319 after a record high, as Powell’s stagflation warning tempered its rally. Despite the pullback, the uptrend remains intact. The Coindesk Indices, which tracks the broader crypto market, are up by 0.77%, with Bitcoin and Ether rising 0.64% and 0.72%, respectively, over the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is PYTH, up 10.1%, following the launch of Pyth Entropy for secure on-chain random number generation by Soneium.

Pyth Network (PYTH),  is a blockchain oracle system that delivers real-time crypto price data to blockchains, enabling smart contracts to react to market changes. Soneium 

 Pyth Entropy, a tool for securely generating random numbers on-chain. Two apps, HandsNFT AI and 2p2e, are already utilizing Pyth Entropy to create unpredictable and engaging experiences.

Check out the latest prices, charts, and data of 

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards. This approval follows recent changes to local laws, with China Asset Management (ChinaAMC) partnering with OSL Digital Securities to launch the ETF by May 15. The ETF will offer exposure to Ethereum staking, transforming it from a passive investment into an active participant in the Ethereum network. The staking process is powered by Kiln, with OSL providing custody and insurance services. The rewards will contribute to the ETF's net asset value, benefiting shareholders.

Yesterday, Bitcoin spot ETFs saw $25.9M in inflows, all from non-GBTC funds, while GBTC recorded no flow.

" and a points campaign called Drops, where users can earn points—potentially leading to an airdrop—by engaging with Linera content on X. To join, sign up on 

, complete tasks like joining Discord and interacting on X, then enter the campaign. Keep engaging to earn more points, but avoid spamming.

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Hong Kong approves Ethereum ETF with staking rewards, boosting institutional participation

Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

US president Donald Trump’s tariff policies are influencing both crypto and US equities. Last week, BTC and the S&P 500 rallied due to a 90-day pause in reciprocal tariffs (excluding China). Equities are slightly below their April 9 highs, while BTC is holding above $83K. Its implied volatility term structure has normalized, and the volatility skew has improved from last week’s bias toward out-of-the-money puts, though it hasn't fully shifted toward calls.

Please check out the report’s highlights.

Tariff pause briefly brings back trading volume

Since our last report, open interest surged on Apr 9, 2025, as crypto spot prices rose after President Trump’s temporary tariff pause, accompanied by a nearly $10B increase in trade volumes. However, trade volumes have since returned to mid-March levels, and open interest has declined from the April 9 highs. The initial price spike indicates the tariff pause surprised the markets, but the subsequent pullback reflects concerns over remaining tariffs.

After being inverted for much of April due to trade policy shocks and macro headwinds, BTC’s term structure has disinverted, with front-end volatility dropping significantly this week. Call and put volumes have been balanced, with calls slightly exceeding puts most days. Apr 9, 2025, reflected mixed market sentiment, as both call and put volumes rose, but puts were higher overall. Open interest remains greater in calls, and has increased slightly since last week, reaching its highest level for the month (more than double from the beginning of April).

Despite a rally on Apr 9, 2025 that brought ETH close to $1.7K, traders sought downside protection, leading to higher volumes in put contracts as compared to calls. Since then, ETHUSDT options volumes have declined, but open interest remains strongly weighted toward calls with later expirations, which have increased since last week. After being inverted for much of April, ETH’s term structure of volatility has flattened, with volatility compressing around the 70% mark across tenors.

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Bybit X Block Scholes crypto derivatives analytics report (Apr 16, 2025): Bitcoin put bias has moderated, but not yet shifted to calls

Trading

Indicators

The Supertrend indicator works well in the trending market to help traders spot buy or sell signals when a reversal is underway. But it could generate false signals too. Learn how it works.

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Most traders are familiar with following trends. Whether tracking trends found through 

, reading cryptocurrency news, or identifying chart patterns, following trends in markets has proven itself lucrative time and again. However, among the many market movement indices available, the Supertrend indicator is still vastly underutilized.

Like other trend-following technical analysis overlays like the simple and exponential moving averages, the Supertrend indicator helps investors gauge market movements. In a trending market, it can be used as a confirmation tool that depends on 

. We’ll walk you through using this technical trading tool while showing you how and when to apply it to your own cryptocurrency trading. 

Charting generally refers to mapping the market movements of assets onto a graph. As assets rise and fall, a directional pattern of the market trend emerges. Market trends define the general course that an asset is taking.

Trend indicators alert the trader about developing trends before or as they’re happening, and they warn of impending reversals. You also get a short and long-term price direction while confirming observations in other

 and cryptocurrency asset value patterns.

The Supertrend indicator is an overlay built into 

 charting platforms that change color based on the trend detected. It is a lagging indicator (trend-following indicator) that generates a buy or sell signal after a trend or reversal is underway. Supertrend works well in trending markets but could be inaccurate when the market is trading in a range.

For example, if the cryptocurrency closing price is found to be above the line, the indicator turns green, indicating that the trader should open a buy signal. Once the closing price falls and closes below the line, the Supertrend indicator turns red, showing that the trader should open a sell signal. 

A Supertrend indicator is plotted on the price of an asset and relies on two parameters: a period for the 

 (ATR) and the multiplier. The ATR indicates the overall price range for an asset, offering an indication of its volatility. It provides information on the trading range and how far an asset has been moving. We’ll examine below how to calculate the indicator. 

Supertrend indicators are characterized by red and green lines. A green indicator represents a buy signal, while a red indicator is a sell signal. The point where the indicator line changes color is called the crossover point. You’ll gauge the market’s bullishness by the green line, the bearishness by the red, and determine 

 zones that can be used to determine the stop-loss levels.

Traders find that the Supertrend indicator works well in a trending market, but false signals are often generated when the market moves sideways.

How to Calculate Supertrends —  Best Settings And Parameters

To calculate the Supertrend, you need to input the period, which specifies the number of days of the average true range (ATR) used. Then the period is multiplied by the multiplier. 

The ATR period defines the range of the asset price used to calculate the trend line. For example, when the ATR period is set to 10, the indicator analyzes the highs and lows of the last ten days. The combined high and low prices are divided by a value of 2, from which the product of the multiplier and the ATR value is subtracted for uptrends and added for downtrends.

The Supertrend indicator usually comes with a default setting of ATR 10 and a multiplier of 3. For different assets, there is no single best parameter to use. The ATR observed will depend on the cryptocurrency and the period watched during intraday trading. 

Lowering the parameters of the Supertrend indicator increases the number of buys and sell signals. Most traders find themselves lowering the parameters when they want faster signals. However, lowering the parameters also increases the number of false signals, otherwise known as whipsaws, making confirming trends with other indicators like the MACD or the RSI almost essential.

As mentioned, at the moment that you plot a Supertrend, a continuous red and green line with various entry and exit points marked by upward green arrows or downward red arrows displays on your chart. You’ll notice the unbroken red and green line on the image above; that’s the Supertrend. 

Identifying Buy and Sell Signals with Supertrend Indicators

Identifying buy and sell signals using a Supertrend indicator is as straightforward as waiting for the indicator to switch as it crosses over the closing price. At the moment that the Supertrend closes lower than the closing price, the line turns, green indicating a buy signal. Conversely, when the Supertrend closes above the price, the line turns red, indicating a sell signal. 

Combining Supertrend with Other Indicators

The simplest way to identify buy and sell signals with a Supertrend indicator is to plot them on a chart and look for the entry and exit indicators based on the color switch. Combining indicators is an essential step that helps traders weed out false signals. Here is a selection of reliable strategies for identifying buy and sell signals along with Supertrend indicators and other overlays. 

Relative Strength Index (RSI) Indicator and Supertrend

A great way to determine entry and exit points for your trades is to combine the 

 with a Supertrend indicator. Measure the momentum of your potential trade by observing whether it’s overbought or oversold by using the RSI and its default period of 14. 

An RSI value below 30 typically indicates that the market is oversold, with most traders accepting a price crossing above 30 to be a buy signal. An RSI value above 70 normally indicates a cryptocurrency is overbought, and when the price crosses below 70 from this point, a sell signal is generated. Use the RSI to confirm your Supertrend indicator. If both show that the market is trending, it’s safer to assume that your signals are reliable. 

Combining a Supertrend indicator with the

 ability to measure trend strength is a useful technical analysis strategy. Just like the Supertrend indicator, the MACD works best in a trending market. Uptrends are indicated by the MACD crossing above the zero lines, which traders recognize as a buy signal. Downtrends are indicated by the MACD line crossing below the signal, showing a sell signal. 

The recommended day trading parameters for a MACD indicator are 26-13-9 on a 10-minute chart, varying based on the period observed. The first value, 26, represents the faster-moving average of the last 26 candles represented as the MACD line. It can be any period the trader prefers, relative to the duration and number of candles representing it. The second value is the slower moving average of the last 13 candles shown as the signal line (also variable based on the time interval of your chart, and conventionally half of the first value). Finally, the third parameter is the number of candles used in calculating the difference between the faster and slower moving averages. 

Traders will notice convergence happening as the histogram gets smaller when the moving averages approach each other’s value. Divergence is signaled as the histogram gets bigger, indicating that the two moving averages are further separate from each other. Each of the MACD’s lines reacts at different speeds. 

When they cross over, a new trend is indicated. If the faster moving average crosses under the slower moving average, there’s a new downtrend, and the histogram temporarily vanishes. Conversely, a new uptrend is indicated when the slower moving average crosses above the faster-moving average. Confirm your entry and exit points by comparing the color of your Supertrend line with the trend reflected by the MACD.

Another popular combination of indicators for traders is Supertrend and Parabolic SAR. The 

 is also called a stop and reverse trading system. Like the Supertrend indicator, it works in trending markets to measure the strength of the trend. Plotting the Parabolic SAR on your chart results in a series of dots. If the dots move above the current price, traders interpret that as a bearish signal, while when found below the current price, a bullish signal is indicated.

The Parabolic SAR is a more sensitive indicator than Supertrend. Both process different data, making the combination highly effective for short-term investors. After adding both indicators to your chart, observe the Supertrend line relative to the dotted Parabolic SAR to gauge the accuracy of your buy and sell positions.

Sample Strategy to Day Trade with Supertrend Indicator

Here are two sample trading strategies using Supertrend to determine viable entry and exit points for profitable trades.

Two Supertrends and a Stop Loss Trading Strategy

Set your time interval to 5, 10, or 15 minutes for day trading, and your chart to candlesticks. Load the Supertrend indicator into your chart using a period value of 7 and a multiplier of 3. Load a second Supertrend indicator and set the ATR period to 10 and the multiplier to 3. This is the indicator that will show you the primary direction of the trend. With this setup ready, a day trader will watch the chart, waiting for the second Supertrend indicator to change from red to green or vice versa. 

As soon as it does, wait for the first Supertrend to match the second one, such as turning green as in our example above, and then opening a buy order. If you haven’t managed to catch the first entry point, monitor the smaller Supertrend for when it changes color, indicating a new opportunity. Set your stop loss at the previous low price of the cryptocurrency you’re trading whenever you open a new position and sell at the switch. 

RSI Indicator & Supertrend Trading Strategy

Using a Supertrend indicator combined with an RSI indicator eliminates many whipsaws while generating more accurate buy and sell signals in moving markets. Apply the RSI indicator with a length of 7 to a 5-, 10- or 15-minute chart. 

Plot a Supertrend line with a period of 5 and a multiplier of 1.5. Observe the movement and buy if you see a buy signal on the RSI along with a buy signal from the Supertrend within two or three candlesticks. Traders sell when a sell signal occurs on the RSI, with the Supertrend confirming it within two to three candles as well.

Best Time To Use the Supertrend Indicator

The best time to use a Supertrend indicator is when a market is in a strong uptrend or downtrend. Intraday, the indicator can help determine entry and exit positions. Use trading setups containing the Supertrend indicator when you’re day trading and observing short time intervals of 5, 10, or 15 minutes. 

While a favorite tool of day traders, the Supertrend indicator is versatile enough to be used across many different time frames — as long as the trend is clear. As discussed, using the Supertrend indicator with other technical indicators provides a greater degree of accuracy. 

How Reliable Is the Supertrend Indicator?

Supertrend is a highly reliable indicator in trending markets, although it may be a lagging indicator because it depends on existing price action. It is highly recommended to use other indicators to confirm the signals. For example, parabolic SAR and MACD are good indicators to confirm the current trend and assess if the trend sustains. When used in combination with other signals, the indicator can be used more reliably.

 tested a trading strategy using both RSI and Supertrend indicators to confirm entry and exit points. After 100 trades at a1:1.5 risk-to-reward ratio, the strategy earned itself a win rate of approximately 45 percent. 

The Supertrend indicator is one of the quickest technical analysis tools, and it takes very little technical knowledge to implement successfully. Using multiple indicators and combining Supertrend with other overlays will help to decrease the chances of false signals. Traders are advised to test out various parameters and indicator combinations to identify profitable entry and exit points.

How to Use Supertrend Indicator to Day Trade Crypto

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