Bitsgap vs ByBit: Fees, Coins, Safety Comparison
| Feature | Bitsgap | ByBit |
|---|---|---|
Overall |
2.2 |
4.9 |
1 |
3.1 |
|
3.4 |
5.0 |
|
3.6 |
5.0 |
|
Investment Instruments |
1.7 |
5.0 |
Platforms and Charting Tools |
1.6 |
4.9 |
Deposit and Withdrawal |
1.8 |
4.0 |
Research |
3.0 |
4.2 |
Education |
1.9 |
4.1 |
Support |
1.9 |
4.5 |
Bonuses |
2.5 |
5.0 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitsgap vs ByBit: Pros and Cons
Bitsgap is a young Estonian crypto exchanger founded in 2017 by an enthusiastic team of private traders, security experts, and marketers. Their goal was to create a universal platform, the functionality of which will allow a trader to trade not on one, but on several crypto exchanges at the same time. At the moment, every Bitsgap client can exchange cryptocurrencies on 20 world exchanges, thereby adjusting to the market in real-time. Traders who do not want to trade on their own can connect special bots designed for different tasks and trading styles.
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.
| Bitsgap | ByBit | |
|---|---|---|
| Overall Pros | a wide range of assets comprising more than 600 pairs of cryptocurrencies; | Trading With Leverage up to 1:100 |
| the presence of several tariff plans with different subscription rates, the size of which can be reduced by paying for 6 months of use in advance; | Derivatives, NFT Available | |
| no trading commissions for transactions or additional fees for making a deposit and withdrawing funds; | Zero fee spot trading | |
| trading using bots is allowed without additional commissions; | Deposit Fee – 0% | |
| integration with more than 20 major crypto exchanges; | Passive Income With Staking, DeFi Mining, Multi Currency deposits, Principal-Protected Investment | |
| a 7-day trial version of paid plans is available without verification; | Strong Research | |
| availability of a functional trading platform based on TradingView. | ||
| Overall Cons | you cannot trade with leverage; | No tier-1 regulation |
| lack of a license from a reliable regulator; | No Fiat Deposit and Withdrawal | |
| no online chat and phone support. |
Bitsgap vs ByBit: Safety and Regulation
| Regulated By: | Bitsgap | ByBit |
|---|---|---|
Government-regulated |
No |
Yes |
U.S Regulated |
No |
No |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
No |
Spain Regulated |
No |
No |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
No |
Seychelles Regulated |
No |
Yes |
Other countries |
Austria’s Financial Market Authority (FMA), Georgia, Kazakhstan |
Bitsgap vs ByBit: Trading Conditions
| Trading Conditions | Bitsgap | ByBit |
|---|---|---|
Minimum deposit, USD or USDT |
0 |
1 |
Futures leverage |
125 |
100 |
Spot leverage |
1 |
10 |
Supported Coins |
Varies |
638 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
1 |
Perpetual contracts |
1 |
1 |
Bitsgap vs ByBit: Fees
| Fee | Bitsgap | ByBit |
|---|---|---|
Spot Taker fee |
Fees of connected exchanges apply |
0.1 |
Spot Maker fee |
Fees of connected exchanges apply |
0.1 |
Futures Taker fee |
Varies by connected exchange |
0.055 |
Futures Maker fee |
Varies by connected exchange |
0.02 |
Deposit fee |
No |
No |
Withdrawal fee |
Based on connected exchanges |
0.000111 ВТС 0.0015 ETH (ERC20) |
P2P taker fee |
Not supported |
No |
P2P fee rate, maker fee |
Not supported |
No |
Bitsgap vs ByBit: Trading Assets
| Asset Name | Bitsgap | ByBit |
|---|---|---|
Coins Supported |
Varies |
638 |
P2P |
No |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
No |
Yes |
Crypto Options |
Yes |
Yes |
Futures |
Yes |
Yes |
Bitsgap or ByBit: Investment Programs
| Asset Name | Bitsgap | ByBit |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
No |
Affiliate program |
Yes |
Yes |
Trading Platforms: ByBit or Bitsgap
| Bitsgap | ByBit | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: ByBit or Bitsgap
| Bitsgap | ByBit | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: ByBit or Bitsgap
| Bitsgap | ByBit | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: ByBit or Bitsgap
| Bitsgap | 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 Bitsgap
| Bitsgap | ByBit | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
Bitsgap vs ByBit: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitsgap | ByBit |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
Yes |
Yes |
Bitsgap vs ByBit: Research
| Research Type | Bitsgap | ByBit |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
Bitsgap vs ByBit: Education
| Education Type | Bitsgap | ByBit |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
No |
No |
ByBit vs Bitsgap: Support
| Support Features | Bitsgap | ByBit |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
Telegram |
Bitsgap vs ByBit: Crypto Bonuses and Promo
| Promo | Bitsgap | ByBit |
|---|---|---|
Crypto Bonus |
Temporary bonus offers |
Complete tasks and get up to $580 |
Affiliate Program |
Refer A Friend (RAF) is a program with a reward of $10 for each connected referral who has got a paid package. The partner also receives 30% of the subscription fees of all invited friends who continue to use Bitsgap services. |
$20 per invited user, up to $50 deposit bonus |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on ByBit
-
Comment
I chose Bybit for the ability to work with different order types and risk management. I often use stops and take-profits, and everything works fine here. My deposit was 800 USDT, and I traded futures with moderate leverage. A few trades closed in loss, a few in profit, and the overall result was almost zero. The platform didn’t get in the way, which is already a plus.
-
Comment
I was looking for an exchange with a user-friendly mobile app so I could manage trades not just from a PC. Bybit’s app turned out to be functional, almost like the web version. I registered, completed basic verification, and deposited around 300 USDT. I traded spot, without leverage. Profits were small, around 25 USDT over two weeks. For me, it’s more of a practical tool than anything outstanding.
-
Comment
I considered Bybit as an alternative to my main exchange to diversify risks. I was interested in the hedging tools and perpetual futures. I started with the demo mode, then deposited 1,000 USDT. I mainly traded BTCUSDT and SOLUSDT. I liked the execution speed and the terminal’s stability during high-volatility periods. After a month, I ended up almost even, with a modest gain of around 12%, and experienced no major issues.
-
Comment
Bybit — один из самых известных криптовалютных брокеров и биржевых сервисов в мире цифровых активов. За последние годы платформа заметно выросла, расширила функционал и превратилась из площадки для деривативов в полноценную экосистему для трейдинга, инвестирования и хранения криптовалюты. Первое, что бросается в глаза — это удобство интерфейса. Платформа выглядит современной, логично структурированной и подходит как для начинающих, так и для продвинутых трейдеров. Навигация интуитивная, а торговый терминал предоставляет все необходимые инструменты для анализа: графики TradingView, индикаторы, различные типы ордеров, настройку плеча и риск-менеджмента. Bybit предлагает широкий выбор инструментов: спотовая торговля, фьючерсы, бессрочные контракты, опционы, копитрейдинг, стейкинг, launchpad-проекты и earn-программы. Это делает платформу универсальной — здесь можно не только активно торговать, но и инвестировать более консервативно. Отдельно стоит отметить высокую ликвидность и скорость исполнения ордеров. Проскальзывания минимальны, особенно на популярных торговых парах. Для активных трейдеров это критически важный фактор. Комиссии у Bybit конкурентные и ниже среднерыночных, особенно при использовании токена платформы или при больших торговых объемах. Система уровней VIP дополнительно снижает издержки для активных пользователей. Также стоит отметить мобильное приложение — оно стабильное, быстрое и функционально почти не уступает десктопной версии. Поддержка работает достаточно оперативно, а база знаний и обучающие материалы помогают быстрее освоиться на платформе.
-
Comment
I registered on Bybit primarily for derivatives and the ability to trade with leverage. Before that, I was trading spot on another exchange. Here, I opened a Unified Trading Account to avoid confusion between balances. I tested both spot and futures trading, with turnover of around 15–20 thousand USDT over a couple of weeks. Fees were standard, nothing unexpected. I didn’t make much profit, about 70 USDT, but overall the platform left a neutral impression.
Top 5 Reviews on Bitsgap
-
Comment
The platform allowed me to automate most of my trading and free up time. The bots work smoothly, and the interface is intuitive even for beginners. The support team is also excellent – they respond quickly to any inquiries.
-
Comment
Very useful trading tool. The site offers excellent tools for automating cryptocurrency trading. The bots are easy to set up and yield good results. I would like to see more educational materials for beginners. Otherwise, everything is great.
-
Comment
Bitsgap raises suspicion of being a potential scam. Withdrawal fees, in particular, are surprisingly high, with the exchange imposing charges across all currencies. Exercise extreme caution when dealing with Bitsgap, as their practices may not align with your expectations or financial interests.
-
Comment
Carefully! Bitsgap is probably a scam. Although they write that there are no commissions. But apart from any tariff plans, Bitsgap has commissions. The commission for withdrawal is far from small, the exchange takes a commission for withdrawing money in any currency. I do not advise!
-
Comment
From the very beginning, I did not like Bitsgap very much. There were mixed feelings. Either trading is normal, then suddenly the server will disappear unexpectedly. And now they don't even want to withdraw. I waited a week, and wrote a complaint, so they answer, they say, you know, times are hard. Fine? Looks like another bankrupt is waiting for us soon.
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.
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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.
