Beware of Crypto Phishing Scams!
45sWarns about phishing scams in crypto, a highly relevant and cautionary topic that grabs attention.
▶ Play Clip"Delivers exactly what the title promises: a clear, updated guide to buying Bitcoin on Bybit via Pix, with minimal fluff."
This video is a beginner-friendly tutorial on how to buy Bitcoin and other cryptocurrencies on the Bybit exchange using Pix, a popular Brazilian instant payment method. The presenter, Leonardo Berma, walks viewers through creating an account, depositing funds via Pix, and executing trades, emphasizing safety against phishing scams and the zero-fee, real-time nature of Pix deposits.
The video targets complete beginners and stresses the importance of using the official Bybit link to avoid phishing scams. The presenter warns against searching for the exchange on Google, as scammers create fake sites that steal funds.
After logging in, the presenter recommends changing the language to 'International Portuguese' via the planet icon to unlock features not available in Brazilian Portuguese.
To deposit, users click 'Buy Pix crypto' and enter an amount between R$50 and R$200,000. The deposit is free and instantaneous, with the funds appearing in the account as BRL (Brazilian Real).
The presenter demonstrates buying Bitcoin by navigating to 'Trade' > 'Spot' or using the 'Convert' feature. He shows converting BRL to BTC, entering the amount in reais, and confirming the transaction within 30 seconds.
To sell, the process is reversed: convert BTC back to BRL. Withdrawals via Pix are practically instantaneous, but account verification with documents is required.
The same convert method works for altcoins like Arbitrum. Users select the desired coin, enter the amount in BRL, and confirm the quote.
The video provides a straightforward, step-by-step guide for beginners to buy cryptocurrencies on Bybit using Pix, emphasizing safety, zero fees, and ease of use. It encourages viewers to verify their accounts early and subscribe for more content.
What is the minimum amount to deposit via Pix on Bybit?
R$50
02:06
What does BRL stand for?
Brazilian Real
03:03
Why should you use the official Bybit link instead of searching on Google?
To avoid phishing scams that create fake websites to steal your money.
00:43
How long do you have to confirm a conversion quote on Bybit?
30 seconds
05:21
What is the maximum amount you can deposit via Pix on Bybit?
R$200,000
02:06
What is the recommended language setting to unlock all features on Bybit?
International Portuguese
01:23
Phishing Warning
Highlights a critical security risk and how to avoid it, essential for beginners.
00:43Pix Deposit Limits
Provides specific numbers (R$50 min, R$200k max) that are practical for users.
02:0630-Second Quote Window
Explains the time constraint for confirming trades, a key operational detail.
05:21Withdrawal via Pix
Clarifies that withdrawals are near-instant, a major benefit for users.
07:12[00:02] cryptocurrencies, and you urgently need to learn how to buy Bitcoin and other cryptocurrencies. And today I'm going to teach you in a simple and straightforward way, even if you 've never bought anything before and you're a complete beginner, starting from scratch. My
[00:17] name is Leonardo Berma, I've been in the crypto market since 2017, and today you're going to see a complete, to-the-point tutorial on how to create your on how to create your Bybit account and how to buy via Pix,
[00:29] meaning you'll make your instant deposit, without fees, and buy on Bybit, which is one of the main and largest cryptocurrency exchanges. link in the description; it's the first link. Do you know why? If you search "Bybit"
[00:43] run by scammers. There are many scammers who practice a business called phishing, where they create links that look like official links. You go there, you think it official website, you create your account, when you send the money, nothing happens, it all disappears and
[00:58] they stole from you. And this doesn't just happen in the crypto market; it even happens with banking websites. So be careful whenever you access a website by searching on Google instead of going through the official website. The official link
[01:11] is below, it's the first link in the description so you can create your account quickly right now, okay? You created your account for nothing, didn't you? The easiest thing in the world. confirm your account. This is nothing special, I
[01:23] you log into Bybit, the first thing I recommend you do to is to go to the top right, click on the little planet icon, and set it to international Portuguese. This way, you'll unlock some
[01:38] things that Brazilian Portuguese won't show up for you, okay? So, how are you going to deposit money into the brokerage account? Imagine it's a bank account, you're at zero, you have no balance , nothing at all, right? You
[01:51] going to do? You come up here to buy Pix crypto. When you click on "Pix deposit," this tab will open for you, where you will enter a minimum amount of R$ 50, which is the minimum to start buying
[02:06] is the minimum to start buying cryptocurrencies through Bybit. And a maximum of R$ 200,000. So you want more than that, then you do it little by little, okay? You're going to deposit here via Pix, as it says, zero fee, there are
[02:20] no fees, and it's in real time, practically instantaneous. I don't easiest thing in the world today is to make a Pix payment. Enter the value there, it will generate the code, you scan it or copy and paste it. Okay, he sent the money, no
[02:34] problem. Your money will be deposited into your account. You will come here to I have. I have other sub-accounts worry about learning this now, okay? I'm going to come here and show you the assets
[02:48] I have, okay? My account is here, right? This account handles the funds, unified trading, and earnings, right? So you come here and click on "active," okay? Here in the active section, when your Pixiver deposit is completed, it will show that
[03:03] Pixiver deposit is completed, it will show that you have BRL. What is BRL? BRL is the abbreviation for Brazilian Real. Then it will show here that you have reais. So, how are you going to buy Bitcoin or any other
[03:17] cryptocurrency? To make your life easier, I'm going to send you some money right now and do this transaction. I just deposited $ here in the Bybit brokerage account, and it's in reais, okay? It was around R$ 559, okay? So I'm going to look at
[03:34] my portfolio of funds here in Fiat. When you can't find your only showing crypto. So you can also put it here to see Fiat, which are to see Fiat, which are fiat currencies, state currencies. And here's BRL
[03:47] 559.90. See? Okay, I've got my money here. Now it's very simple. What am I going to do to buy a coin? You're going to come up here buy a coin? You're going to come up here to trade, OK? Come here to the spot. And
[03:59] to trade, OK? Come here to the spot. And then you'll get it here in BRL, look, USDT BRL. You'll already be able to buy SDT, which is the dollar's stablecoin, if you want to buy any altcoin other than Bitcoin, Ethereum, or Solana,
[04:13] because if you want to buy Bitcoin, Ethereum, or Solana, you can already buy them I'll buy a little bit of each. I'm going to log into Bitcoin here, let's wait. Okay, here it is. Look, you 'll see here on the right that
[04:25] my available balance is showing as zero. Why? Because here it will take into account the account called Unified Trading. And in that case, what did you see there that background account. What can we do to make our lives easier? Come up here and
[04:39] convert, look. He clicked on the converter button there. Then you'll specify here where you want it to come from, either from the unified trade or from the funds, okay? And it's going to be in one of those two places, obviously. D, you put it here, here, look, Fiat, okay? BRL
[04:53] to here, look, USDT. What are you going to put on it? Bitcoin. Beauty? Then you put in how much you want, how much you want to spend in reais, okay? Another way to buy crypto and then go directly to convert. I like coming here so
[05:07] we're going to buy, right? So in this case, let's say I want to buy R$100 worth of Bitcoin. It will automatically calculate for me here, with zero fees, how much Bitcoin I will receive , and get the exchange rate. He will
[05:21] confirm my quote. And I have 30 seconds to confirm the transaction and receive this amount in Bitcoin. Confirm the transaction, processing it, and that's it, conversion complete. Beauty? Then I come here to see the assets. Now I'm
[05:34] here to the funds section, and my bitcoins are already here. And the R$100 I spent in BRL has already been deducted, okay? So, how do you sell your bitcoins? Very simple. Again, you can go directly to
[05:49] Trad Spot or come here to buy crypto, click convert here, and select BTC instead of BRL; it's the reverse process. You can even click here, BTC to BRL. If I were to list all
[06:03] the BTC I had in my account here, I already had around 90-something, as you can see, right? There has n't been an absurd increase in value overnight . No, calm down, make money. That's because I already had some money lying around there. And look, I'll just
[06:16] get the quote and that's it, confirm the transaction. It will load. Okay, conversion complete. Just a reminder that mine is taking a little longer am traveling outside of Brazil and therefore I need to use a VPN to be able to
[06:29] perform operations on Bybit. It's OK? Ready. I've already shown you how to buy Bitcoin. So, how are you going to buy Solana, buy other currencies here on Convert.com Just come back here one more time, and
[06:45] you'll put the BRL, which is the currency you deposited in, Brazilian Real, up here. So you want to buy, let's say here, Arbitro. Then you'll put in how much you want to spend, R$100 of arbitration. Wait for your quote to load
[06:57] , get the new real-time quote, and then you confirm your transaction and you will receive your coins. And you 'll start making a profit or a loss if that currency appreciates or depreciates. And if you reach a point where you believe you've made
[07:12] enough profit, simply convert it back to Brazilian Real and withdraw it via Pix. And the withdrawal is practically instantaneous to your account, but to verify your account with some documents. So, I recommend you
[07:28] check it as soon as possible. Remember that this video is really for If you want more advanced content about the financial market, just subscribe and watch all the videos I've been posting on my channel. Leave a
[07:41] your account using the link below in the description, and I'll see you in the next video.
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