ByBit vs Cryptohopper: Fees, Coins, Safety Comparison
| Feature | ByBit | Cryptohopper |
|---|---|---|
Overall |
4.9 |
3.8 |
3.1 |
1 |
|
5.0 |
4.7 |
|
5.0 |
4.4 |
|
Investment Instruments |
5.0 |
4.2 |
Platforms and Charting Tools |
4.9 |
4.3 |
Deposit and Withdrawal |
4.0 |
3.7 |
Research |
4.2 |
4.1 |
Education |
4.1 |
3.5 |
Support |
4.5 |
3.7 |
Bonuses |
5.0 |
4.4 |
|
Your capital is at risk.
|
Your capital is at risk.
|
ByBit vs Cryptohopper: 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.
CryptoHopper is a multi-purpose platform that combines its hub functions, copying service, social trading, and an investment portfolio management service. The CryptoHopper terminal trades in Bitcoin, Ethereum, Litecoin, and dozens of other cryptocurrencies and tokens, which are presented on partner exchanges. The one-of-a-kind system stands out for the presence of free-of-charge trading bots where you can create and test your bots. The platform also provides an emulator of exchange strategies. There is also an in-depth training system.
| ByBit | Cryptohopper | |
|---|---|---|
| Overall Pros | Trading With Leverage up to 1:100 | cryptocurrencies can be traded on any of the partner exchanges from CryptoHopper’s terminal; |
| Derivatives, NFT Available | no fees or fixed payments for using the service; | |
| Zero fee spot trading | profitable partnership and investment program; | |
| Deposit Fee – 0% | service for copying transactions and auto-trading bots; | |
| Passive Income With Staking, DeFi Mining, Multi Currency deposits, Principal-Protected Investment | a vast selection of instruments; | |
| Strong Research | synchronization of accounts on diverse exchanges; | |
| large trading volumes. | ||
| Overall Cons | No tier-1 regulation | free mode is extremely limited in functionality. |
| No Fiat Deposit and Withdrawal |
ByBit vs Cryptohopper: Safety and Regulation
| Regulated By: | ByBit | Cryptohopper |
|---|---|---|
Government-regulated |
Yes |
|
U.S Regulated |
No |
|
FCA U.K Regulated |
No |
|
Germany Regulated |
No |
|
AMF in France Regulated |
No |
|
Spain Regulated |
No |
|
DFSA in UAE |
No |
|
Singapore Regulated |
No |
|
Australia Regulated |
No |
|
Seychelles Regulated |
Yes |
|
Other countries |
Austria’s Financial Market Authority (FMA), Georgia, Kazakhstan |
ByBit vs Cryptohopper: Trading Conditions
| Trading Conditions | ByBit | Cryptohopper |
|---|---|---|
Minimum deposit, USD or USDT |
1 |
|
Futures leverage |
100 |
|
Spot leverage |
10 |
|
Supported Coins |
638 |
1000 |
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
0 |
Perpetual contracts |
1 |
0 |
ByBit vs Cryptohopper: Fees
| Fee | ByBit | Cryptohopper |
|---|---|---|
Spot Taker fee |
0,1 |
No |
Spot Maker fee |
0,1 |
No |
Futures Taker fee |
0,055 |
No |
Futures Maker fee |
0,02 |
No |
Deposit fee |
No |
No |
Withdrawal fee |
0,000111 ВТС 0,0015 ETH (ERC20) |
No |
P2P taker fee |
No |
|
P2P fee rate, maker fee |
No |
ByBit vs Cryptohopper: Trading Assets
| Asset Name | ByBit | Cryptohopper |
|---|---|---|
Coins Supported |
638 |
1000 |
P2P |
Yes |
No |
Perpetual contracts |
Yes |
No |
NFT |
Yes |
Yes |
Crypto Options |
Yes |
No |
Futures |
Yes |
No |
ByBit or Cryptohopper: Investment Programs
| Asset Name | ByBit | Cryptohopper |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
No |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Cryptohopper or ByBit
| ByBit | Cryptohopper | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Cryptohopper or ByBit
| ByBit | Cryptohopper | |
|---|---|---|
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: Cryptohopper or ByBit
| ByBit | Cryptohopper | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Cryptohopper or ByBit
| ByBit | Cryptohopper | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Cryptohopper or ByBit
| ByBit | Cryptohopper | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
Yes |
ByBit vs Cryptohopper: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | ByBit | Cryptohopper |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
Yes |
Yes |
ByBit vs Cryptohopper: Research
| Research Type | ByBit | Cryptohopper |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
Yes |
No |
ByBit vs Cryptohopper: Education
| Education Type | ByBit | Cryptohopper |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
No |
No |
Cryptohopper vs ByBit: Support
| Support Features | ByBit | Cryptohopper |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
No |
Other |
Telegram |
Request form |
ByBit vs Cryptohopper: Crypto Bonuses and Promo
| Promo | ByBit | Cryptohopper |
|---|---|---|
Crypto Bonus |
Complete tasks and get up to $580 |
30% Sign up Bonus Hero Pro Cryptohopper Subscription, temporary bonus offers |
Affiliate Program |
$20 per invited user, up to $50 deposit bonus |
CryptoHopper offers a flexible affiliate program based on getting a referral link to invite users. It is available to any verified trader. A user who has registered on the platform using TU’s referral link will bring you income by trading on partner exchanges. The benefits are: up to 15% from each payment of your referral; $1.9 per referral fee for whoever bought the ExplorerHopper package; $4.9 per referral fee for whoever purchased the Adventure Hopper package; $9.9 per referral fee for whoever bought the HeroHopper package. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Cryptohopper
-
Comment
What I appreciated about Cryptohopper is the crypto market simulator — it lets you test your strategy before going live, which is especially useful when working with new tokens. Among the pros are fast synchronization with accounts on external exchanges and the ability to trade Bitcoin, Ethereum, and Litecoin. The minimum trade size is 0.01, so you can place small orders. The platform is entirely in English, which might be a barrier for some users. Other than that, it offers a user-friendly interface and mobile access — no glitches, and trades execute reliably.
-
Comment
Cryptohopper isn’t a traditional exchange — it’s more of a trading and copy-trading infrastructure. I found the built-in strategy designer especially useful, along with the option to use free bots for market analysis. The platform connects to partner exchanges and charges a minimal fee of $6 per month to access its full features. Limit and market orders are the main execution types, which is standard for most users. Leverage up to 1:10 is available if trading through Binance. However, there are no margin calls or stop-outs, which means strict self-discipline is essential.
-
Comment
Great idea and implementation! Why struggle with choosing exchanges and registering a dozen accounts when you can register one account in an aggregator, from which you can select any partner exchange? Binance, OKX, Coinbase, and more than 15 top exchanges are supported. This means you can earn on any of these exchanges while avoiding the regulatory pressure, like what happened with Binance, since you deposit and withdraw money through Cryptohopper's payment gateways.
-
Comment
I recommend the platform for those who work with trading advisors. Cryptohopper allows you to develop and launch automated strategies on the partner cryptocurrency exchange platforms. After registering, you can develop your own bot or choose from the offered options. There are free ones, and there’s also a tester to check them in demo mode. A downside: I forgot my login details for the platform. I tried to recover them through an email reminder. I completed the captcha and was sent back to the main registration window with the message - Reminder sent. Please check your mail. But no email arrived. I had to contact support because the issue wasn’t on the email service side, but on the platform's side.
-
Comment
If you want to automatically trade cryptocurrencies, Cryptohopper is a good option. It has both ready-made robot programs and a constructor that helps traders independently create a trading program for automatic opening of orders when trading cryptocurrencies. And here a lot will depend on the trader’s strategy. That's why I chose Cryptohopper.
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.