ByBit vs Crypto.com: Fees, Coins, Safety Comparison
Feature | ByBit | Crypto.com |
---|---|---|
Overall |
4.9 |
4.2 |
3.1 |
3.5 |
|
5.0 |
4.2 |
|
5.0 |
4.7 |
|
Investment Instruments |
5.0 |
3.7 |
Platforms and Charting Tools |
4.9 |
4.4 |
Deposit and Withdrawal |
4.0 |
3.0 |
Research |
4.2 |
4.4 |
Education |
4.1 |
3.8 |
Support |
4.5 |
4.0 |
Bonuses |
5.0 |
3.5 |
Your capital is at risk.
|
Your capital is at risk.
|
ByBit vs Crypto.com: 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.
Crypto.com is a crypto exchange where traders can invest, trade, and stake cryptocurrencies. The platform also has an NFT market and other notable features. Allowing users to trade over 200 cryptocurrencies, the platform has reasonable commission fees and offers discounts to traders who hold a significant share of the native token called CRO.
ByBit | Crypto.com | |
---|---|---|
Overall Pros | Trading With Leverage up to 1:100 | 2 FA Authentication |
Derivatives, NFT Available | Low Minimum Deposit | |
Zero fee spot trading | Passive Income With Staking | |
Deposit Fee – 0% | Wide choice of markets | |
Passive Income With Staking, DeFi Mining, Multi Currency deposits, Principal-Protected Investment | Max Leverage – 1:10 | |
Strong Research | Derivatives, NFTs are Available | |
Overall Cons | No tier-1 regulation | Uncertain regulation in the US |
No Fiat Deposit and Withdrawal | High derivatives trading fees |
ByBit vs Crypto.com: Safety and Regulation
Regulated By: | ByBit | Crypto.com |
---|---|---|
Government-regulated |
Yes |
Yes |
U.S Regulated |
No |
No |
FCA U.K Regulated |
No |
Yes |
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 |
Yes |
No |
Other countries |
Austria’s Financial Market Authority (FMA), Georgia, Kazakhstan |
ByBit vs Crypto.com: Trading Conditions
Trading Conditions | ByBit | Crypto.com |
---|---|---|
Minimum deposit, USD or USDT |
1 |
1 |
Futures leverage |
100 |
50 |
Spot leverage |
10 |
3 |
Supported Coins |
638 |
250 |
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
1 |
Perpetual contracts |
1 |
1 |
ByBit vs Crypto.com: Fees
Fee | ByBit | Crypto.com |
---|---|---|
Spot Taker fee |
0,1 |
0,5 |
Spot Maker fee |
0,1 |
0,25 |
Futures Taker fee |
0,055 |
0,05 |
Futures Maker fee |
0,02 |
No |
Deposit fee |
No |
No |
Withdrawal fee |
0,000111 ВТС 0,0015 ETH (ERC20) |
0,0005 BTC |
P2P taker fee |
No |
0,16 - 0,20 |
P2P fee rate, maker fee |
No |
0,10 - 0,16 |
ByBit vs Crypto.com: Trading Assets
Asset Name | ByBit | Crypto.com |
---|---|---|
Coins Supported |
638 |
250 |
P2P |
Yes |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
Yes |
No |
Futures |
Yes |
Yes |
ByBit or Crypto.com: Investment Programs
Asset Name | ByBit | Crypto.com |
---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
No |
Yield farming |
No |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Crypto.com or ByBit
ByBit | Crypto.com | |
---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Crypto.com or ByBit
ByBit | Crypto.com | |
---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
Yes |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Crypto.com or ByBit
ByBit | Crypto.com | |
---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
No |
Mobile trading: Crypto.com or ByBit
ByBit | Crypto.com | |
---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
Yes |
Face ID |
No |
Yes |
Types of orders: Crypto.com or ByBit
ByBit | Crypto.com | |
---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
ByBit vs Crypto.com: Deposit and Withdrawal Methods
Deposit and Withdrawal Method | ByBit | Crypto.com |
---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Yes |
No |
Electronic Wallets |
Yes |
No |
Crypto |
Yes |
Yes |
ByBit vs Crypto.com: Research
Research Type | ByBit | Crypto.com |
---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
No |
E-Mail Reports |
Yes |
No |
ByBit vs Crypto.com: Education
Education Type | ByBit | Crypto.com |
---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
No |
No |
Crypto.com vs ByBit: Support
Support Features | ByBit | Crypto.com |
---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
Telegram |
No |
ByBit vs Crypto.com: Crypto Bonuses and Promo
Promo | ByBit | Crypto.com |
---|---|---|
Crypto Bonus |
Complete tasks and get up to $580 |
Deposit Bonus |
Affiliate Program |
$20 per invited user, up to $50 deposit bonus |
Yes |
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Crypto.com
-
Comment
Crypto.com has a lack of transparency regarding certain features and promotions, leading to confusion and mistrust among clients. Crypto.com may offer some attractive features and services, but these problems with customer support, fee transparency, and communication detract from its appeal as a crypto exchange.
-
Comment
In the course of my activity as an investor and financier, I came across different crypto exchanges. They have become very popular during the past three years. I have an account with the Crypto.com exchange. There are many advantages and disadvantages. In terms of cryptocurrency trading, there are companies with better conditions. In the investment space, Crypto.com has gone further and created some good opportunities. I would rate the activities and conditions of the exchange as "normal".
-
Comment
My acquaintance with the Crypto.com exchange began six months ago. I mainly traded with various Forex brokers and did not think about switching to cryptocurrency. But I saw how the bitcoin rate has changed over the past few years and decided to try crypto trading. I opened an account on the exchange and passed a difficult verification. Then I transferred my Bitcoins here and started trading. I must say that in all the time I have not encountered any failures in the trading platform. As far as I understand, they use the TradingView terminal here, and it is famous for being a fast and stable terminal. I withdrew funds once and the money came very quickly.
-
Comment
I read reviews that Crypto.com does not withdraw funds and blocks accounts. I was greatly outraged by such an outright lie. I have been trading on the stock exchange for the second year, and there has never been such a case where it blocked my withdrawals. True, a couple of times there were delays in payments. But technical support never refused to accept my claims and did not ignore my requests. And the last time, when payments came late, I was credited with 100 CRO as compensation. So I want to say that the Crypto.com exchange is not a scam in any way.
-
Comment
Recently, I have been looking for an opportunity to invest on the internet. The risk of running into scammers is great, but the risk is worth it. I had about 1 BTC on my wallet. I just wanted to exchange crypto for fiat and came to the Crypto.com exchange. That’s when I discovered the possibilities of passive investing. Using the CRO token, I believe, is a very good opportunity not only to store the crypto but also to generate income. Therefore, I studied the history of the Crypto.com exchange, its reviews, and registered. I had to go through verification to get access to all the features. So far, I have just started cooperation with the exchange, we'll see how it goes.
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.