Top 5 Bybit Trading Signal Channels on Telegram
In this article, we will look at the top 5 Bybit trading signal channels on Telegram that you can use to trade on Bybit. But first, here's a look at Bybit and crypto trading signals exchanges more generally.
Launched at the end of 2018, Bybit is a crypto derivatives exchange based out of Singapore. The exchange focuses on trading pairs BTC/USD and ETH/USD. The exchange allows traders the ability to trade Bitcoin and Ethereum contracts with up to 100:1 leverage.
Bybit is trying to compete with the established exchanges like BitMEX and Deribit which have similar non-expiry futures products. There are many similarities between the exchanges, however, Bybit has some unique features that incentivizes traders choose them over other exchanges.
Whether you’re trading on Bybit or some other exchange, getting some trading signals is always a good idea. There are a countless number of Telegram channels that provide trading signals.
1. MYC Signals (@ MYC Signals)
MYC Signals is a spin-off of the highly reputed crypto publication, Mycryptopedia.com. The team comprises of highly experienced trading experts and analysts. It's clear they've put a lot of work into delivering attractive returns for their members given the below:
The team also posts detailed technical analysis justifying all of their signals so you can be comfortable in the knowledge that you aren't just blindly following their ByBit trading signals in telegram. Lastly, their customer support is easily the most responsive and beginner-friendly out of all the groups. If you're confused and have a question, you can message their admin at anytime and you can be certain that you'll get a response.
How to get started with MYC Signals
Telegram users can directly reach out to the admin, @MYCSupportBot, and join their free crypto signal group MYC Signals. If you don’t have Telegram, you can contact the team via email: [email protected] and they’ll let you know how to get started. The membership can be paid via any cryptocurrency of your choice or via card over at their payments page.
Once you become a premium member of the group, they’ll work with you to make sure you can follow their Bybit trading signals on telegram as easily as possible, and answer any questions you may have.
2. Crypto Trades Today (@CTT)
Crypto Trades Today is a signal group with a great crypto trading community. They are professional, technically sound, and with a large trading team, they are able to provide signals at a high confidence level and regular interval. Unlike smaller groups, their traders are never forced into making a trade just to meet a quota.
What’s equally impressive is that their subscription plans (starting at just $80 per month) are among the most affordable we've seen.
3. Verified Crypto Traders
Verified Crypto Traders is a unique group in that the team offers educational webinars. They also provide periodic updates on any major events happening the crypto space so all their members stayed informed.
The team offers sound fundamental and technical analysis explaining their position on the cryptocurrency market, something many other groups do not.
4. AltSignals
Since 2017, AltSignals has been providing daily ByBit trading signals on telegram consistently. They also spend a lot of time providing technical analysis on daily moves that goes on in the market, and so, can be seen as a reliably Bybit trading signal group
They've also branched out of crypto into offering Forex signals, something other crypto-only groups have yet not done.
5. Yo Crypto
Yo Crypto is a solid and consistent Bybit trading signal provider that has been operating in the space for a while. They took a break before relaunching as Yo Crypto 2.0.
In terms of the returns they generate, it does seem to be smaller in comparison to the other channels, but they can certainly be applauded for their consistency.
Conclusion
These are the top 5 Bybit trading signal groups on Telegram. While these crypto signals may be very lucrative to the members of the group, it is still very important to select a signals group carefully, and be sure that the group's style matches your own.