ByBit vs Huobi: Fees, Coins, Safety Comparison
| Feature | ByBit | Huobi |
|---|---|---|
Overall |
4.9 |
4.5 |
3.1 |
3.1 |
|
5.0 |
4.2 |
|
5.0 |
5.0 |
|
Investment Instruments |
5.0 |
5.0 |
Platforms and Charting Tools |
4.9 |
4.7 |
Deposit and Withdrawal |
4.0 |
4.7 |
Research |
4.2 |
4.3 |
Education |
4.1 |
4.5 |
Support |
4.5 |
4.6 |
Bonuses |
5.0 |
5.0 |
|
Your capital is at risk.
|
Your capital is at risk.
|
ByBit vs Huobi: 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.
Huobi Global (pronounced “haw-be”; with “huo” meaning “hot” or “popular” and “bi” meaning “coin” or “currency” = “popular currency”) is a global cryptocurrency exchange that was founded in China but is headquartered in Seychelles. The work of the international company Huobi Global started in 2013. The cryptocurrency exchange allows traders to carry out transactions with a variety of assets, including about 300 currency pairs and cross rates. There is no information on whether this company is licensed and the exchange hasn’t received any awards during its brief activity. More about the safety of cooperation with Huobi.
| ByBit | Huobi | |
|---|---|---|
| Overall Pros | Trading With Leverage up to 1:100 | Trading With Leverage up to 1:100 |
| Derivatives, NFT Available | Derivatives, NFT Available | |
| Zero fee spot trading | Passive Income With Staking, Mining Pool, Crypto Earn program, Crypto loans | |
| Deposit Fee – 0% | ||
| Passive Income With Staking, DeFi Mining, Multi Currency deposits, Principal-Protected Investment | Crypto bonuses up to $170 | |
| Strong Research | 500+ supported coins | |
| Strong Research | ||
| Overall Cons | No tier-1 regulation | No tier-1 regulation |
| No Fiat Deposit and Withdrawal | Higher trading fees |
ByBit vs Huobi: Safety and Regulation
| Regulated By: | ByBit | Huobi |
|---|---|---|
Government-regulated |
Yes |
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 |
Yes |
No |
Other countries |
Austria’s Financial Market Authority (FMA), Georgia, Kazakhstan |
Lithuania, BVI |
ByBit vs Huobi: Trading Conditions
| Trading Conditions | ByBit | Huobi |
|---|---|---|
Minimum deposit, USD or USDT |
1 |
1 |
Futures leverage |
100 |
200 |
Spot leverage |
10 |
3 |
Supported Coins |
638 |
701 |
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
1 |
Perpetual contracts |
1 |
0 |
ByBit vs Huobi: Fees
| Fee | ByBit | Huobi |
|---|---|---|
Spot Taker fee |
0,1 |
0,2 |
Spot Maker fee |
0,1 |
0,2 |
Futures Taker fee |
0,055 |
0,05 |
Futures Maker fee |
0,02 |
0,02 |
Deposit fee |
No |
No |
Withdrawal fee |
0,000111 ВТС 0,0015 ETH (ERC20) |
0,0005 BTC 0,005 ETH |
P2P taker fee |
No |
No |
P2P fee rate, maker fee |
No |
No |
ByBit vs Huobi: Trading Assets
| Asset Name | ByBit | Huobi |
|---|---|---|
Coins Supported |
638 |
701 |
P2P |
Yes |
Yes |
Perpetual contracts |
Yes |
No |
NFT |
Yes |
Yes |
Crypto Options |
Yes |
Yes |
Futures |
Yes |
Yes |
ByBit or Huobi: Investment Programs
| Asset Name | ByBit | Huobi |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
No |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Huobi or ByBit
| ByBit | Huobi | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Huobi or ByBit
| ByBit | Huobi | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Huobi or ByBit
| ByBit | Huobi | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Huobi or ByBit
| ByBit | Huobi | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Huobi or ByBit
| ByBit | Huobi | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
ByBit vs Huobi: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | ByBit | Huobi |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
Yes |
Yes |
ByBit vs Huobi: Research
| Research Type | ByBit | Huobi |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
No |
No |
E-Mail Reports |
Yes |
No |
ByBit vs Huobi: Education
| Education Type | ByBit | Huobi |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
No |
Yes |
Huobi vs ByBit: Support
| Support Features | ByBit | Huobi |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
Telegram |
No |
ByBit vs Huobi: Crypto Bonuses and Promo
| Promo | ByBit | Huobi |
|---|---|---|
Crypto Bonus |
Complete tasks and get up to $580 |
Crypto Bonuses up to $170 |
Affiliate Program |
$20 per invited user, up to $50 deposit bonus |
40% of the partner's trading commissions |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Huobi
-
Comment
The HTX platform positions itself as international and is available on Android and iOS. Registration was quick, and I funded my account through a crypto wallet. It’s inconvenient that margin trading is not available and there is no choice of trading accounts — only the standard account is offered. Otherwise, the interface is intuitive, and OTC trading works smoothly without interruptions.
-
Comment
I use HTX as an additional platform. I was attracted by the Russian-language version of the website and the low entry threshold — just 100 USDT. However, the lack of a license and a demo account is a bit concerning. The exchange is better suited for experienced traders who know how to manage risks without leverage.
-
Comment
HTX (Huobi) offers a wide range of instruments—over 700 coins including futures, options, NFTs, and fiat. The minimum deposit is just 1 USDT, making the platform accessible even for beginners. The spot trading fee is 0.2%, while futures fees range from 0.02% to 0.05%. However, the lack of licensing from major regulatory authorities may raise concerns for those used to stricter oversight. Passive income options include staking, farming, and copy trading, but the platform lacks a demo account and a comprehensive educational section.
-
Comment
On HTX, you can trade directly through the web platform as well as from your phone. There are no trading fees, but there may be hidden charges for withdrawals and conversions — it’s important to check this in the interface beforehand. The platform is unregulated, which should be taken into account when choosing an exchange for long-term use.
-
Comment
The HTX platform offers access to over 300 trading pairs, including cross-currency pairs. For beginners, this wide selection may seem overwhelming, and the absence of a demo account makes it difficult to test strategies. There are no fees on spot trades, but it's important to note that liquidity can vary depending on the instrument. The minimum deposit is just 1 USDT, which is convenient for getting started.
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.