ByBit vs Bitvavo: Fees, Coins, Safety Comparison
| Feature | ByBit | Bitvavo |
|---|---|---|
Overall |
4.9 |
3.6 |
3.1 |
4.1 |
|
5.0 |
3.5 |
|
5.0 |
4.4 |
|
Investment Instruments |
5.0 |
1 |
Platforms and Charting Tools |
4.9 |
3.9 |
Deposit and Withdrawal |
4.0 |
3.7 |
Research |
4.2 |
4.1 |
Education |
4.1 |
3.7 |
Support |
4.5 |
3.5 |
Bonuses |
5.0 |
3.7 |
|
Your capital is at risk.
|
Your capital is at risk.
|
ByBit vs Bitvavo: Pros and Cons
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.
The Bitvavo exchange is one of the most popular platforms for margin trading in cryptocurrencies in Europe. More than 50 cryptocurrencies and tokens are traded on the exchange. In total there are over 70 trading instruments, including fiat funds. On Bitvavo you can trade Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. There is a hot and cold storage method, and convenient input/output channels are provided. There is basic and advanced AML verification, a typical affiliate program with referral payments. The cryptocurrency exchange does not have a mobile application, its own trading terminal is available only in the browser version. Commissions are below the market average: for the entry-level - 0.25/0.15% (for the taker/maker, respectively).
| ByBit | Bitvavo | |
|---|---|---|
| Overall Pros | Trading With Leverage up to 1:100 | no minimum deposit; |
| Derivatives, NFT Available | many trading pairs, including pairs with fiat funds; | |
| Zero fee spot trading | ||
| Deposit Fee – 0% | in the trading terminal there’s not only the crypto exchange but also the exchanger; | |
| Passive Income With Staking, DeFi Mining, Multi Currency deposits, Principal-Protected Investment | operating commissions are below the market average; | |
| Strong Research | a serious level of verification to ensure safety; | |
| suitable for both beginners and experienced traders; | ||
| Overall Cons | No tier-1 regulation | from fiat funds there are only euros; |
| No Fiat Deposit and Withdrawal | extended AML verification is required to access the full functionality. |
ByBit vs Bitvavo: Safety and Regulation
| Regulated By: | ByBit | Bitvavo |
|---|---|---|
Government-regulated |
Yes |
Yes |
U.S Regulated |
No |
No |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
Yes |
AMF in France Regulated |
No |
Yes |
Spain Regulated |
No |
No |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
No |
Seychelles Regulated |
Yes |
No |
Other countries |
Austria’s Financial Market Authority (FMA), Georgia, Kazakhstan |
Austria, Italy |
ByBit vs Bitvavo: Trading Conditions
| Trading Conditions | ByBit | Bitvavo |
|---|---|---|
Minimum deposit, USD or USDT |
1 |
10 |
Futures leverage |
100 |
|
Spot leverage |
10 |
1 |
Supported Coins |
638 |
292 |
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
0 |
Perpetual contracts |
1 |
0 |
ByBit vs Bitvavo: Fees
| Fee | ByBit | Bitvavo |
|---|---|---|
Spot Taker fee |
0,1 |
0,1 |
Spot Maker fee |
0,1 |
0,1 |
Futures Taker fee |
0,055 |
|
Futures Maker fee |
0,02 |
|
Deposit fee |
No |
No |
Withdrawal fee |
0,000111 ВТС 0,0015 ETH (ERC20) |
0,00002 BTC |
P2P taker fee |
No |
Not supported |
P2P fee rate, maker fee |
No |
Not supported |
ByBit vs Bitvavo: Trading Assets
| Asset Name | ByBit | Bitvavo |
|---|---|---|
Coins Supported |
638 |
292 |
P2P |
Yes |
No |
Perpetual contracts |
Yes |
No |
NFT |
Yes |
No |
Crypto Options |
Yes |
No |
Futures |
Yes |
No |
ByBit or Bitvavo: Investment Programs
| Asset Name | ByBit | Bitvavo |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
No |
Yield farming |
No |
No |
Affiliate program |
Yes |
Yes |
Trading Platforms: Bitvavo or ByBit
| ByBit | Bitvavo | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Bitvavo or ByBit
| ByBit | Bitvavo | |
|---|---|---|
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: Bitvavo or ByBit
| ByBit | Bitvavo | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Bitvavo or ByBit
| ByBit | Bitvavo | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Bitvavo or ByBit
| ByBit | Bitvavo | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
No |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
ByBit vs Bitvavo: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | ByBit | Bitvavo |
|---|---|---|
Bank Transfer |
No |
Yes (Only Deposit) |
Credit/Debit Card |
Yes |
No |
Electronic Wallets |
Yes |
No |
Crypto |
Yes |
Yes |
ByBit vs Bitvavo: Research
| Research Type | ByBit | Bitvavo |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
Yes |
No |
ByBit vs Bitvavo: Education
| Education Type | ByBit | Bitvavo |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
No |
Webinars |
No |
No |
Bitvavo vs ByBit: Support
| Support Features | ByBit | Bitvavo |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
No |
Other |
Telegram |
No |
ByBit vs Bitvavo: Crypto Bonuses and Promo
| Promo | ByBit | Bitvavo |
|---|---|---|
Crypto Bonus |
Complete tasks and get up to $580 |
No |
Affiliate Program |
$20 per invited user, up to $50 deposit bonus |
A user who registers by following your link will bring you 15% of the exchange commission for each transaction. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Bitvavo
-
Comment
While Bitvavo offers a user-friendly interface and a decent range of cryptocurrencies, my experience has been marred by frequent technical issues and slow transaction processing times. Additionally, customer support is lacking, with long wait times for responses to inquiries. Overall, Bitvavo falls short of providing a reliable and satisfactory crypto trading experience.
-
Comment
There is nothing to do on the Bitvavo exchange. Not because they are scammers, but because. that the trade here is very strange. Everything happens within the company. Everything is raw, but the commissions are exorbitant. In general, who understands what I mean - he will pass by.
-
Comment
My last withdrawal was delayed for a month. To be honest, I didn’t even hope to get my money, so many nerves went into all this, that now I want moral damage so that they pay!
-
Comment
In terms of commissions, I have seen more profitable exchanges, where it reaches 0.07%. Bitvavo may seem like a less interesting option in this regard, but there is one big “but”: this exchange is proven. I have been trading on it for more than a year, and I consider the conditions here to be optimal. There are cryptocurrencies, there is fiat, with replenishment, withdrawal and, most importantly, the terminal, everything is fine. That is, they are fast, there are no delays. At the same time, however, there is no mobile application, so I could devote more time to trading. But the security here is definitely at a high level. And there is a license. Under such conditions, it is not a pity to overpay a little for a commission. Anything is better than worrying about whether they will withdraw my money? They will definitely withdraw from Bitvavo.
-
Comment
I think Bitvavo is very popular among crypto traders. This trading platform has a customer-oriented policy and I believe that over time it will remove Binance and other exchanges from the top. There are plenty of trading tools, as well as ways to deposit and withdraw funds, even fiat funds. The advanced AML verification gave me a little surprise, but thanks to the support, who explained everything in detail, I managed to pass the verification.
Top 5 Reviews on ByBit
-
Comment
I discovered Bybit through recommendations in trader chats. What first caught my attention was the low minimum deposit — just $1 — so I decided to try trading derivatives. I trade BTC/USDT and ETH/USDT pairs and was pleased with the deep order book and fast execution speed. The leverage goes up to 1:100, which is useful for testing different strategies. After a month of active trading on Bybit, I managed to grow my deposit by 12%. I also liked the mutual loss protection feature — when prices drop sharply, part of the losses is covered. The trading fees are market-standard: not the lowest, but still reasonable.
-
Comment
I signed up to take advantage of up to 1:100 leverage and to assess the order book depth. Orders are executed quickly. Commissions are market-standard, but there are maker bonuses that help reduce costs. Among derivatives, I use EOS/USDT and LINK/USDT. Withdrawals are only available in crypto, but I haven't encountered any issues. There's a single account for all types of futures, which is convenient — no need to switch between accounts.
-
Comment
Bybit is a platform focused specifically on futures and derivatives, while classic crypto trading is limited — mostly USDT pairs. The minimum entry is just $1, and the maximum leverage is 1:100. That’s great, but it requires discipline. I also give a plus for the fact that the BTC/USDT futures contract costs just $1 — perfect for testing strategies without much risk. I don’t use the mobile app; I trade exclusively through the web.
-
Comment
The order system is well thought out. There are both market and conditional orders, plus the market depth through the order book allows you to assess volumes. I trade BTC/USDT and ETH/USDT — everything works smoothly with them. The trading commission is about standard. I top up my account via Visa, and it's convenient that the fiat gateway is supported. I trade futures with a leverage of 1:50 — optimal for risk management.
-
Comment
After using Bybit for crypto, I decided to try Forex trading through MT5. At first, I didn’t fully understand how automatic leverage works, but eventually figured it out - it’s fixed per contract and cannot be changed. It’s good that deposits are free and withdrawals have fixed rates depending on the coin. I haven’t seen any hidden fees or markup. Everything is ECN as stated. Trading via the MT5 mobile version is convenient, but support response times can be slow.
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.