Where to start.... too young - Anonymous employee Bybit Employee Review

1.0
Aug 28, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Maybe salary but it's not overly competitive compared to similar competitors Few hard working people

Cons

I don't even know where to start. Management team are extremely young and inexperienced, many who are not qualified which leads to a chaos. Senior associates, manager level people in previous companies or positions are being selected as director and executive level to operate a whole department and it's become a total mess. They probably can be a good individual worker in past position but to actually perform as an executive or director level, you need good experience from a big company or have to be smart. select a person whos good in managing people, not the person with best individual performances. You think u have a lot of ideas to upgrade the company? Good luck. The directors who are not qualified to make any decisions are so conceited and trapped in their own wonderland, they would not accommodate any new ideas that would help the growth of the company. The company structure makes everyone even to the junior manager level to play politics. Its not the people, its the culture and the structure itself that makes the place toxic. You guys are giving info access which is not even confidential to certain people so those people would leverage those to play politics. Other companies dont do this. If your direct manager doesnt like you or if they are incompetent in their job being jealous of you, they pretty much have all the power to fail you in your function, which is really different from other companies. If something goes wrong, they start pointing at people. HR people. Even if you hire externals who are brilliant or experienced, the current internals are way too toxic and closed to new ideas that the same thing is happening over and over again. You have to stop hiring for a second and start auditing the manager or director level people on regular basis. Talk with the owner or the top management people to get authority to bang on the mid level people and audit them.

Explore other reviews about Bybit

5.0
May 15, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It's a major player in the industry with top-tier compensation and benefits. The company genuinely cares about its employees.

Cons

Be prepared for a heavy workload and high work intensity.

2.0
Aug 28, 2024
Recommend
CEO approval
Business Outlook

Pros

Fast paced, decent paid and medical insurance coverage, top 3 CEX, short processing time (from interview to offer), pantry snacks, mac laptop

Cons

Untrustworthy senior mgmt | Abnormally high turnover | non-compliant CEX 1) While professing care and attentiveness towards employees, the reality falls short. Not conducive for individuals with family responsibilities, especially those with children. 2)Emphasizing a customer-first approach, yet senior management imposes impractical product launch targets that heighten the risk of errors. 3) Assertions of securing licenses for multiple markets contrast starkly with the reality of withdrawn applications without disclosed reasons. Inconsistencies between public statements and all-hands meeting messages are apparent. 4) Unprecedented turnover within the back office, notably the HR department, at Bybit. Personnel turnover occurs frequently within a span of 3-6 months. 5) Permits registration of overseas Chinese nationals without internal staff notification, disregarding potential legal ramifications for employees situated in mainland China. 6) Staff suffered substantial financial losses while holding the exchange's token. During incidents on the exchange platform, senior management utilized their exchange tokens to cover customer compensation and losses. Essentially, for employees vested in these tokens, they bore the consequences.

10
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