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

Bybit Learn

Explainers

n this comprehensive guide, we will walk you through the ins and outs of MetaTrader 4 (MT4), the popular trading platform that has won the hearts of millions of traders worldwide

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Are you ready to enter the world of online trading but overwhelmed by the plethora of trading platforms available? Fear not; we have just the solution for you. In this comprehensive guide, we will walk you through the ins and outs of MetaTrader 4 (MT4), the popular trading platform that has won the hearts of millions of traders worldwide. By the end of this guide, you will have a solid understanding of what is MT4 trading platform and be ready to harness its powerful features to enhance your trading experience.

From its user-friendly interface to its advanced technical analysis tools, MT4 has everything you need to succeed in the forex market. Whether you’re a newbie trader or a seasoned pro, this platform caters to your every need. So, let’s dive into the world of MT4 and discover how it can help you up your trading game.

MetaTrader 4 is an electronic trading platform used extensively by retail foreign exchange traders who use Metatrader 4 for their online forex trading needs. Specifically designed for forex trading, it was developed by MetaQuotes Software. MT4 has stood the test of time and become the go-to forex trading platform for millions of traders worldwide. The popularity of MT4 stems from its versatile and feature-rich metatrader platform, welcoming traders of all skill levels. While MetaTrader 5 is also available, many traders continue to prefer the tried-and-true MetaTrader 4 for their forex trading needs.

Although MT4 is primarily a forex trading platform, it accommodates the trading of CFDs, cryptocurrencies, and more. With its advanced tools and features, such as market and pending orders, instant execution, and trading from a chart, MT4 enables traders to make well-informed trading decisions and execute trades seamlessly. Moreover, its user-friendly interface and customizable charts and indicators make it easy to navigate and adapt to the ever-changing forex market.

MetaQuotes Software, the company behind MT4, has been at the forefront of trading technology since its inception in 2000. With a mission to provide innovative and reliable trading software, MetaQuotes developed MT4 in 2002, and it quickly gained traction among forex traders. The platform is recognized for its powerful and customizable features, allowing traders to tailor their trading experience to suit their individual needs.

One of the standout features of MT4 is its built-in scripting language, the MQL Language, which enables traders to program:

This level of customization is a significant advantage for traders looking to develop unique trading strategies or automate their trading systems.

Furthermore, MT4 supports various chart types, including Candlestick, Line, Heikin Ashi, and Renko charts, which can be used in conjunction with automated trading systems.

As mentioned earlier, MT4’s primary focus is on forex trading, making it an ideal platform for those looking to capitalize on the lucrative world of currency trading. With its user-friendly interface, advanced charting tools, customizable indicators, and automated trading capabilities, MT4 has become a reliable and popular choice for forex traders.

Beyond forex trading, MT4 extends its support to other financial instruments, including CFDs, cryptocurrencies, and commodities. This versatility means traders can diversify their portfolios and manage risk more effectively. Moreover, MT4’s extensive community of traders and developers offers a wealth of resources and expert advisors, allowing traders to learn from the experiences of others and improve their trading strategies while trading forex.

The MT4 platform, celebrated for its comprehensive array of features, caters to the needs of traders across all skill levels. At its core, MT4 provides a user-friendly interface, comprehensive technical analysis tools, and automated trading through Expert Advisors.

Regardless of your trading experience, MT4’s intuitive interface simplifies navigation and provides easy access to the tools essential for success. Furthermore, its advanced technical analysis tools include:

These tools allow you to make informed stock trading decisions based on in-depth market analysis.

One of the many reasons traders choose MT4 is its user-friendly interface, which is designed to be intuitive and customizable, providing ease of navigation and use for traders of all experience levels. The interface offers quick access to essential tools and features, such as:

Moreover, the MT4 platform’s design consists of elements such as:

With the convenience of online trading, it has become easy for traders to manage their trades and monitor their account balance in real-time.

Additionally, the integration of Expert Advisors (EAs) in MT4 allows for automated trading, increasing efficiency and speed of trade execution.

The MT4 platform offers a variety of advanced technical analysis tools, including:

These tools are essential for traders looking to gain valuable insights into financial markets trends and make informed decisions based on their trading history.

With its interactive charts, MT4 allows traders to:

The platform’s real-time charting and analysis tools enable traders to make well-informed decisions based on the analysis of price activities and the signals generated by the indicators.

Expert Advisors (EAs) are automated trading programs within the MT4 platform that allow traders to execute trades without manual intervention. By utilizing scripts uploaded to the platform, EAs enable automated trading by executing instructions based on the parameters set by the user. These algorithms can either alert the user or open positions automatically, providing a more efficient trading experience.

In addition to the built-in EAs, the MT4 platform allows users to:

Before you can start trading with MT4, you’ll need to set up a trading account. This process involves opening a demo account to familiarize yourself with the platform and practice trading without risking real money. Once you’re comfortable with the platform and have honed your trading skills, you can transition to a live account and start trading with real funds.

This section will guide you through setting up your MT4 trading account, beginning with a demo account before moving onto a live account. By following these steps, you’ll be well on your way to trading success with MT4.

Opening a demo account on MT4 is an excellent way for new users to familiarize themselves with the platform and practice trading without risking real money. With a demo account, you can gain access to the platform’s full range of features and tools, allowing you to develop your trading strategies and test them in a risk-free environment.

Demo accounts usually offer ideal trading conditions, such as rapid execution, no slippage, and no real-time spreads. While these conditions may not be identical to live trading, they provide a good understanding of the platform and its capabilities. By practicing with a demo account, you can build your trading confidence and prepare yourself for the challenges of live trading.

Once you’ve gained sufficient experience and confidence with a demo account, it’s time to transition to a live account and start trading with real money. This process involves creating a live MT4 account with your chosen broker, depositing funds, and configuring the MT4 platform for live trading.

Keep in mind that the fees associated with opening a live MT4 trading account may vary depending on the brokerage firm. Some firms may offer zero commissions and include fees in the spread, while others may have specific fees for trading on the MT4 platform. We recommend verifying the exact fees and charges with your chosen broker before transitioning to a live account.

Now that you have your MT4 trading account set up, it’s crucial to familiarize yourself with the platform’s various features and functions. This section will delve into the basics of navigating the MT4 platform, including monitoring the market, executing orders, and personalizing charts and indicators.

Mastering the platform navigation will enable you to make informed trading decisions and manage your trades with efficiency. So, let’s take a closer look at the essential features of the MT4 platform and how to navigate them.

The Market Watch feature on the MT4 trading platform is a window that displays the securities (symbols) for which the platform receives quotes from the server. It provides pertinent information, such as the symbol name, bid and ask prices, allowing traders to effectively monitor and analyze the available assets for trading.

In addition to currency pairs, the Market Watch window also provides access to other trading instruments such as:

This wide range of trading instruments ensures that you have ample opportunities to diversify your portfolio and manage risk effectively.

Customizing the currency pairs displayed in the Market Watch window is also possible, allowing you to focus on the assets that align with your trading strategy.

Placing orders and managing trades on MT4 involves using various order types, setting stop-loss and take-profit levels, and monitoring open positions. To place an order, simply follow these steps:

Managing trades in the MT4 platform is equally important. Press Ctrl + T to monitor your open positions and pending orders in the ‘Terminal’ window. Alternatively, select ‘View’ in the toolbar followed by ‘Terminal’. This window provides you with all the necessary information to manage your trades effectively and make any necessary adjustments to your positions.

Customizing charts and indicators on MT4 allows traders to personalize their trading experience and adapt the platform to their specific needs. The platform offers a range of customizable features, such as chart types, timeframes, and technical indicators, which can be edited or removed according to the trader’s preferences.

Adding a new indicator to a chart is as simple as navigating to the ‘Custom Indicators’ section in the Navigator panel and dragging the desired indicator onto the chart. Customizing the appearance of the charts is also possible, allowing you to:

By tailoring the popular trading platform to your needs, you can ensure a more efficient and enjoyable experience on various trading platforms, including the implementation of a suitable trading system.

In the brisk pace of the modern world, the capacity to trade on-the-go has become a necessity for numerous traders. With the MT4 mobile app, you can:

In the following sections, we’ll explore the features of the MT4 mobile app and discuss its compatibility with iOS and Android devices. By harnessing the power of mobile trading, you can stay connected to the market and manage your trades anytime, anywhere.

The MT4 mobile app offers a range of features designed to provide a convenient and efficient trading experience. These features include:

In addition to these features, the app also supports adding, editing, and removing technical indicators, allowing you to conduct in-depth market analysis and make informed trading decisions on-the-go. With the MT4 mobile app, you can stay connected to the market and manage your trades with ease, ensuring that you never miss a trading opportunity.

Compatibility with iOS and Android Devices

The MT4 mobile app is designed to be compatible with a wide range of devices, ensuring that you can trade on-the-go regardless of your preferred operating system. The app is compatible with both iOS and Android devices, providing a smooth trading experience on various smartphones and tablets.

For iOS users, the MT4 app requires a minimum iOS version of 7.0 or later and is compatible with iPhone, iPad, and iPod touch. Android users, on the other hand, require a device running Android 4.0 or higher to use the MT4 mobile app. With this level of compatibility, you can enjoy a seamless trading experience across a wide range of devices.

Enhancing MT4 with Add-ons and Third-Party Tools

While MT4 offers a comprehensive suite of features and tools out-of-the-box, you can further enhance your trading experience by integrating add-ons and third-party tools. These tools can provide additional functionality, such as advanced technical analysis, automated trading, and copy trading, to help you make the most of your trading experience.

This section will examine some of the add-ons and third-party tools that can be integrated with MT4, such as the MetaTrader Market and trading signals. By leveraging these tools, you can take your trading to new heights and unlock even greater potential in the forex market.

The MetaTrader Market is an integrated feature that allows users to purchase trading tools directly within the platform. It offers a vast selection of products, including:

These tools cater to the needs of various traders, allowing them to enhance their trading experience and improve their strategies.

In addition to trading robots and indicators, the MetaTrader Market also offers:

The market also features ratings and reviews, helping users make informed decisions when purchasing add-ons and third-party tools.

Trading signals and copy trading on MT4 enable traders to subscribe to signals from other traders, automatically copying their trades and strategies. This feature allows users to capitalize on the proficiency and success of other traders without having to personally analyze the market or generate trading decisions.

By subscribing to trading signals on MT4, you can access thousands of signals, both free and paid, with varying levels of profitability and risk that are available for both demo and real accounts. This offers a great opportunity for traders looking to diversify their strategies and learn from the experiences of others.

MetaTrader 4 is a powerful and versatile trading platform that caters to the needs of both novice and experienced forex traders. With its user-friendly interface, advanced technical analysis tools, and automated trading capabilities, MT4 provides a comprehensive solution for traders looking to succeed in the forex market.

Discover What Is MT4 Trading Platform: A Comprehensive Guide

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