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 |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
De Nederlandsche Bank |
ByBit vs Bitvavo: Trading Conditions
| Trading Conditions | ByBit | Bitvavo |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
ByBit |
Bitvavo |
Max Leverage (Futures) |
1-100 |
44562 |
Number of Markets |
320 |
175+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Crypto |
EUR, Cryptocurrencies |
ByBit vs Bitvavo: Fees
Trading Fees
| Fee | ByBit | Bitvavo |
|---|---|---|
Max Maker |
0.1% |
0.15% |
Max Taker |
0.1% |
0.25% |
Min Maker |
0.1% |
0.03% |
Min Taker |
0.1% |
0.04% |
Debit/Credit Card Purchase Fee |
0 |
Not supported |
Futures Trading fees
| Fee | ByBit | Bitvavo |
|---|---|---|
Max Maker |
-0.025% |
Not supported |
Max Taker |
0.075% |
Not supported |
Min Maker |
-0.025% |
Not supported |
Min Taker |
0.075% |
Not supported |
Non-Trading Fees
| Fee | ByBit | Bitvavo |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
EPS Überweisung 1.75%, Giropay 1.75%, MyBank 1.50%, Sofort 2.25% |
Bank Transfer Withdrawal Fee |
- |
Not supported |
Debit/Credit Card Withdrawal Fee |
0 |
Not supported |
BTC Withdrawal Fee |
0.0005 BTC |
0.00006 BTC |
Inactivity Fee |
No |
No |
ByBit vs Bitvavo: Trading Assets
| Asset Name | ByBit | Bitvavo |
|---|---|---|
Overall |
320+ |
175+ |
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) |
Yes |
Yes |
IOTA (MIOTA) |
Yes |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
No |
NFT |
Yes |
No |
Crypto ETF |
No |
No |
ByBit or Bitvavo: Investment Programs
| Asset Name | ByBit | Bitvavo |
|---|---|---|
Staking |
Yes |
No |
Mining pool |
Yes |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Liquidity mining, Principal-Protected Investment, Guaranteed yield savings |
No |
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
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.
- KuCoin vs ByBit
- OKEx vs ByBit
- PrimeXBT vs ByBit
- ByBit vs XT.com
- ByBit vs VALR
- ByBit vs StormGain
- ByBit vs MXC
- ByBit vs Huobi
- ByBit vs Hotbit
- ByBit vs FatBTC
- ByBit vs Cryptohopper
- ByBit vs Coinsbit
- ByBit vs Coinbase
- ByBit vs CoinDCX
- ByBit vs Bitsgap
- ByBit vs Bithumb
- ByBit vs Bitget
- ByBit vs AltCoinTrader
- BtcTurk vs ByBit
- Bitvavo vs ByBit
- CoinDCX vs ByBit
- AltCoinTrader vs ByBit
- ApolloX vs ByBit
- StormGain vs ByBit
- STEX vs ByBit
- Lbank vs ByBit
- Nexus vs ByBit
- CoinMetro vs ByBit
- CoinEx vs ByBit
- Bitbank vs ByBit
- Delta Exchange vs ByBit
- Bitsgap vs ByBit
- Hotbit vs ByBit
- VALR vs ByBit
- Bitget vs ByBit
- XT.com vs ByBit
- ByBit vs WhiteBIT
- ByBit vs PrimeXBT
- ByBit vs Revolut (crypto)
- ByBit vs OKEx
- ByBit vs WazirX
- ByBit vs eToroX
- ByBit vs Crypto.com
- ByBit vs Bitfinex
- ByBit vs CoinEx
- ByBit vs PaxFul
- ByBit vs KuCoin
- ByBit vs Kraken
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.