ApolloX vs ByBit: Fees, Coins, Safety Comparison
| Feature | ApolloX | ByBit |
|---|---|---|
Overall |
1.9 |
4.9 |
1 |
3.1 |
|
2.4 |
5.0 |
|
2.7 |
5.0 |
|
Investment Instruments |
1 |
5.0 |
Platforms and Charting Tools |
1.6 |
4.9 |
Deposit and Withdrawal |
1.7 |
4.0 |
Research |
2.1 |
4.2 |
Education |
1.7 |
4.1 |
Support |
2.1 |
4.5 |
Bonuses |
2.7 |
5.0 |
|
Your capital is at risk.
|
ApolloX vs ByBit: Pros and Cons
The ApolloX cryptocurrency exchange offers perpetual contracts trading with leverage up to x100. Bitcoin (₿), Ethereum (Ξ), Tether (₮), Ripple, Binance USD, and BNB are traded on the exchange. There is a quick exchange service, and it is possible to deposit fiat funds to an internal wallet in USD, EUR, TRY, CNY, GBP, HKD, JPY, KRW, and SGD. Only crypto-to-crypto pairs are provided here, and most of the pairs are with USDT as the base currency. Deposits are free, regardless of the asset or the deposit channel. There are limits on the minimum withdrawal. Commissions are fixed at 0.0% for a maker and 0.08% for a taker. It is one of the smallest indicators in the segment. Site partners can get 50-70% of the commissions of their referrals. Trading is carried out in the TradingView terminal. There is no mobile app, and ApolloX lacks investor solutions.
The Bybit cryptocurrency exchange first appeared in 2018. It is a standalone derivatives trading platform with inverse and perpetual futures contracts with up to 1:100 leverage. Quarterly USD futures are available at Bybit in combination with BTC, ETH, XRP, EOS, LTC, and multiple tokens. There is a linear futures contract on BTC/USDT. The exchange has several technological advantages: it provides for mutual insurance of market participants against possible sharp price movements. There are offsets for long and short positions, and there is market depth.
| ApolloX | ByBit | |
|---|---|---|
| Overall Pros | Intuitive and functional trading terminal; | Trading With Leverage up to 1:100 |
| you can trade the most popular cryptocurrencies; | Derivatives, NFT Available | |
| the most popular fiat funds can be deposited; | Zero fee spot trading | |
| a multicurrency wallet is provided to the client free of charge; | Deposit Fee – 0% | |
| the website is characterized by its stability; | Passive Income With Staking, DeFi Mining, Multi Currency deposits, Principal-Protected Investment | |
| the protection level meets advanced standards; | Strong Research | |
| there is an integrated service for quick asset exchanges; | ||
| opportunity to get extra income through a partnership with the exchange. | ||
| one of the lowest commissions for perpetual contracts; | ||
| Overall Cons | few cryptocurrencies, | No tier-1 regulation |
| can not trade fiats; | No Fiat Deposit and Withdrawal | |
| no passive investment programs; | ||
| no solutions for novice traders. |
ApolloX vs ByBit: Safety and Regulation
| Regulated By: | ApolloX | ByBit |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
ApolloX vs ByBit: Trading Conditions
| Trading Conditions | ApolloX | ByBit |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
TradingView |
ByBit |
Max Leverage (Futures) |
1-100 |
1-100 |
Number of Markets |
81+ |
320 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, fiat currencies |
Crypto |
ApolloX vs ByBit: Fees
Trading Fees
| Fee | ApolloX | ByBit |
|---|---|---|
Max Maker |
0.1% |
0.1% |
Max Taker |
0.1% |
0.1% |
Min Maker |
0.1% |
0.1% |
Min Taker |
0.1% |
0.1% |
Debit/Credit Card Purchase Fee |
0 |
0 |
Futures Trading fees
| Fee | ApolloX | ByBit |
|---|---|---|
Max Maker |
0.0200% |
-0.025% |
Max Taker |
0.0700% |
0.075% |
Min Maker |
0.0200% |
-0.025% |
Min Taker |
0.0700% |
0.075% |
Non-Trading Fees
| Fee | ApolloX | ByBit |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
- |
Debit/Credit Card Withdrawal Fee |
Not supported |
0 |
BTC Withdrawal Fee |
BSC Blockchain 0.0000057BTC, BTC Blockchain 0.0002BTC, ETH Blockchain 0.00021BTC |
0.0005 BTC |
Inactivity Fee |
No |
No |
ApolloX vs ByBit: Trading Assets
| Asset Name | ApolloX | ByBit |
|---|---|---|
Overall |
81+ |
320+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
No |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
Yes |
NFT |
No |
Yes |
Crypto ETF |
No |
No |
ApolloX or ByBit: Investment Programs
| Asset Name | ApolloX | ByBit |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
Yes |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
Liquidity mining, Principal-Protected Investment, Guaranteed yield savings |
Trading Platforms: ByBit or ApolloX
| ApolloX | ByBit | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: ByBit or ApolloX
| ApolloX | ByBit | |
|---|---|---|
SMS Based 2 FA |
Yes |
No |
App Based 2 FA |
No |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: ByBit or ApolloX
| ApolloX | ByBit | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: ByBit or ApolloX
| ApolloX | ByBit | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: ByBit or ApolloX
| ApolloX | ByBit | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
No |
Trailing Stop |
Yes |
No |
ApolloX vs ByBit: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | ApolloX | ByBit |
|---|---|---|
Bank Transfer |
Yes (Only deposit) |
No |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
ApolloX vs ByBit: Research
| Research Type | ApolloX | ByBit |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
ApolloX vs ByBit: Education
| Education Type | ApolloX | ByBit |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
No |
ByBit vs ApolloX: Support
| Support Features | ApolloX | ByBit |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
Ticket |
Telegram |
ApolloX vs ByBit: Crypto Bonuses and Promo
| Promo | ApolloX | ByBit |
|---|---|---|
Crypto Bonus |
$5 welcome bonus $5 trading bonus |
Complete tasks and get up to $580 |
Affiliate Program |
To get a 50% discount - the client must have a social network account with at least 5,000 subscribers, a messenger community with at least 500 members, a blog or other media with an active user base of 2,000 members, To get a 60% discount - the client must have a social network account with at least 50,000 subscribers, a messenger community with at least 5,000 members, and a blog or other media with an active user base of 20,000 members, To get a 70% discount - the client must have a social network account with at least 100,000 subscribers, a messenger community with at least 10,000 members, and a blog or other media with an active user base of 40,000 members. |
$20 per invited user, up to $50 deposit bonus |
|
Your capital is at risk.
|
Top 5 Reviews on ByBit
-
Comment
Bybit educational resources have really helped my early career in crypto trading. The trainings from videos, and seminars is helping me learn how to make more informed decisions on traders. Also guides to trading in bear markets, how to protect your account, a guide to MT4 crypto trading, are informative and I am really improving as a trader. There is also the ByBit Learn portal which is where I got to learn how to use the platform. The demo trading interface is rich and friendly but it took me time to carefully identify each feature. Although I don’t know how some of these indicators work for now but I know I will over time.
-
Comment
The Bybit designed for every level of crypto traders. the simple user interface has been helpful. I only have one concern but I cannot say it is an issue at the moment. This has to do with when i reached out with the customer care to inquire if i can trade futures. The response that i can trade a range of USDC-settled contracts including both USDC Perpetual and USDC Futures Contracts came, but when it did i was off my screen and attending to other things. Can't say if the slow response is due to network or other external issues. I don't know if it is too early to conclude that the customer service is slow.
-
Comment
Guys, it is normal to see trading as a game of chance. Nonetheless, iif you can learn how to use analyze financial markets using tools like line charts, indicators, and other trading tools, you will minimize the rate at which you lose out on profitable trades when you trade with real money. When you register on a platform like Bybit, get familiar with the various trading tools available and how to use them. There are also useful tools you can use to see what will happen if a trade goes your way or against you. Just like the one tool I use daily before I open a trade position which is the pre order calculator. I use this tool to calculate and know the possible profit and loss and ROI if I open trade with any strategy I created
-
Comment
At first I doubted whether to work with Bybit. The conditions here are favorable, but I was still afraid to work with the company I knew nothing about. But I decided to try with small amounts and realized that the broker works well. The money was withdrawn quickly and the fee was minimal, so I stopped being afraid. I’ve been a grateful client of this company for six months now!
-
Comment
I was looking for a reliable exchange and paid attention to Bybit, which has long been on the market and has a good reputation. My friend, who has been trading on Bybit for many years, also recommended this company. Now, after a few years I consider myself a more experienced trader and I am sure that I chose the right one. I am pleased with Bybit’s work, although the income is not too high, but stable. Withdrawals are very fast, but everything depends on the chosen payment system.
Top 5 Reviews on ApolloX
-
Comment
The platform suffers from frequent technical glitches, making trading unreliable. Additionally, the limited coin offerings and lack of transparency regarding fees add to the platform's shortcomings. I recommend considering alternative exchanges for a more reliable trading experience.
-
Comment
I can't recommend ApolloX. There is a high probability that you will simply be merge. Trade here is of poor quality, and I clearly feel the broker's interference in the trading process. I did not stay here for a long time and I do not recommend this broker to others.
-
Comment
A very strange company. I don’t know how you can transfer your money to such comrades without thinking. The support service is incompetent at all. Non-serious guys in ApolloX work. Nothing interested. The site is also clumsy.
-
Comment
I have nothing good or bad to say about the ApolloX exchange. The decentralized format of the exchange was launched not so long ago, and I have not come across a centralized format before. The exchange does not offer the usual Airdrop like other exchanges. It’s hard to call ApolloX a freebie because you still have to replenish your account with your own money. Some traders say that they have already withdrawn crypto from their accounts. If you can continue to withdraw cryptocurrencies, then the ApolloX exchange is quite good. Moreover, margin trading and low commissions make the site quite attractive.
-
Comment
I liked the ApolloX crypto platform because there is no need to go through verification, most restrictions are removed, and you can increase trading volume to reduce trading fees. All the benefits of the exchange are available from the very beginning. Commissions of 0.08% for takers and 0.00 for makers are the smallest commissions for traders. And they do not depend on the volume of transactions. At ApolloX, a certain trading volume is needed only to receive the bonuses that are currently offered on the exchange. But I have never sought to receive bonuses, so I do not participate in promotional programs. In general, if you want to try to get income when trading with (high) leverage, Welcome to ApolloX!
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.