STEX vs ByBit: Fees, Coins, Safety Comparison
| Feature | STEX | ByBit |
|---|---|---|
Overall |
2.8 |
4.9 |
1 |
3.1 |
|
3.7 |
5.0 |
|
3.3 |
5.0 |
|
Investment Instruments |
3.0 |
5.0 |
Platforms and Charting Tools |
2.9 |
4.9 |
Deposit and Withdrawal |
3.4 |
4.0 |
Research |
3.1 |
4.2 |
Education |
2.6 |
4.1 |
Support |
3.1 |
4.5 |
Bonuses |
2.2 |
5.0 |
|
Your capital is at risk.
|
STEX vs ByBit: Pros and Cons
The STEX (Spot Trading Exchange) exchange is a platform where you can exchange and trade cryptocurrencies where all popular cryptocurrencies and tokens are available for exchange, as well as several dozens of fiat funds. Transactions can be carried out via direct payment by bank card. Pairs with Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), LINK, DAI, and a variety of other cryptocurrencies and tokens are available for limit and stop-limit order trading. The exchange has low trading fees (up to 0.2%), which depend not on the volume of trades, but on the type of service that the client used for verification. There are no demo accounts or training materials, but there is no minimum deposit either. There is a profitable referral program. Also, the site offers a unique program of investment in the blockchain project called Jointer with daily payments.
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.
| STEX | ByBit | |
|---|---|---|
| Overall Pros | loads of cryptocurrencies and tokens to trade and exchange for fiat currencies; | Trading With Leverage up to 1:100 |
| 2FA authentication, PGP key, and web authentication; | Derivatives, NFT Available | |
| customer funds are kept cold and segregated; | Zero fee spot trading | |
| Deposit Fee – 0% | ||
| availability of TradingView terminal and mobile trading application; | Passive Income With Staking, DeFi Mining, Multi Currency deposits, Principal-Protected Investment | |
| IP whitelisting, log in via Google, Microsoft, or Linkedin; | Strong Research | |
| less than one-second order processing; | ||
| off-the-charts stability; | ||
| Overall Cons | no demo account or solutions for beginners; | No tier-1 regulation |
| no call center, the connection with the technical support is by email only; | No Fiat Deposit and Withdrawal | |
| no information about the license of the company. |
STEX vs ByBit: Safety and Regulation
| Regulated By: | STEX | ByBit |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
STEX vs ByBit: Trading Conditions
| Trading Conditions | STEX | ByBit |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
TradingView |
ByBit |
Max Leverage (Futures) |
44562 |
1-100 |
Number of Markets |
117+ |
320 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptos and tokens |
Crypto |
STEX vs ByBit: Fees
Trading Fees
| Fee | STEX | ByBit |
|---|---|---|
Max Maker |
0.2% |
0.1% |
Max Taker |
0.2% |
0.1% |
Min Maker |
0.10% |
0.1% |
Min Taker |
0.10% |
0.1% |
Debit/Credit Card Purchase Fee |
0 |
0 |
Futures Trading fees
| Fee | STEX | ByBit |
|---|---|---|
Max Maker |
Not supported |
-0.025% |
Max Taker |
Not supported |
0.075% |
Min Maker |
Not supported |
-0.025% |
Min Taker |
Not supported |
0.075% |
Non-Trading Fees
| Fee | STEX | ByBit |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
- |
Debit/Credit Card Withdrawal Fee |
Not supported |
0 |
BTC Withdrawal Fee |
0.0005 |
0.0005 BTC |
Inactivity Fee |
No |
No |
STEX vs ByBit: Trading Assets
| Asset Name | STEX | ByBit |
|---|---|---|
Overall |
117+ |
320+ |
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) |
No |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
Yes |
NFT |
No |
Yes |
Crypto ETF |
No |
No |
STEX or ByBit: Investment Programs
| Asset Name | STEX | ByBit |
|---|---|---|
Staking |
Yes |
Yes |
Mining pool |
No |
Yes |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
Liquidity mining, Principal-Protected Investment, Guaranteed yield savings |
Trading Platforms: ByBit or STEX
| STEX | ByBit | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: ByBit or STEX
| STEX | ByBit | |
|---|---|---|
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: ByBit or STEX
| STEX | ByBit | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: ByBit or STEX
| STEX | ByBit | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: ByBit or STEX
| STEX | ByBit | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
STEX vs ByBit: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | STEX | ByBit |
|---|---|---|
Bank Transfer |
Yes (Only deposit) |
No |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
STEX vs ByBit: Research
| Research Type | STEX | ByBit |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
STEX vs ByBit: Education
| Education Type | STEX | ByBit |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
No |
ByBit vs STEX: Support
| Support Features | STEX | ByBit |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
No |
Telegram |
STEX vs ByBit: Crypto Bonuses and Promo
| Promo | STEX | ByBit |
|---|---|---|
Crypto Bonus |
No |
Complete tasks and get up to $580 |
Affiliate Program |
Each user who registers and verifies at STEX, previously passing the referral link, will bring the inviting trader 25% of his trading fees. |
$20 per invited user, up to $50 deposit bonus |
|
Your capital is at risk.
|
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.
Top 5 Reviews on STEX
-
Comment
I trade on the STEX exchange only because of the possibility of exchanging rare tokens. Previously, I mined several of these tokens, and only on this exchange were they traded. Another important feature for me is the ability to buy cryptocurrency for fiat at a normal price. Therefore, I continue trading here. For other things like trading and investing, the stock exchange is not suitable for me. Yes, you can reduce the trading commission, but here the volumes are not as large as those of the world's top exchanges. Plus, the commission for withdrawal is not the smallest, and that is also worth considering. Therefore, STEX is best used as a secondary trading platform.
-
Comment
For beginners, the STEX exchange is most likely not suitable. There is no way to use a demo account for training, and it is only possible to externally explore the terminal. Also, margin trading is not provided, so in order to trade without unnecessary risks, you need a lot of capital. That is, beginners should look for other platforms. But there are a lot of opportunities for professional crypto traders. First, it is not necessary, as on other exchanges, to bother with trading volumes or burning tokens to reduce the trading commission. Here the commission is automatically reduced after passing the verification. The second is a large selection of trading assets and high liquidity. The terminal does not freeze, orders are triggered quickly, but only for the main pairs. If you trade rare tokens, then there will be little liquidity. And last but not least, you can exchange fiat for crypto using bank cards. Prices for cryptos are average. This opportunity is good for all crypto investors.
-
Comment
I did not work with the STEX exchange when it was called Stocks.exchange; I came here much later. I compared the trading volumes that were earlier with the trading volumes for today. The changes are clearly positive. Of course, it is worth considering the growth in the value of cryptocurrency as well as the growth in the number of participants in the cryptocurrency market. But the trend of positive development of the STEX exchange is obvious. Fees have dropped significantly, the number of new tokens has increased, and the cryptocurrency market has grown. True, the possibility of replenishing the deposit with fiat currency has disappeared, although the purchase of crypto for fiat remains. Now it is much less common to see negative reviews about the STEX exchange. During all the time of trading here I have never encountered any serious problems. Crypto prices are adequate, orders are executed quickly, and you can trade here. The interface of the trading platform is convenient, and there are many features and functions. The analytics are pretty weak, but I always only look at the analytics on professional cryptocurrency resources. My review of the STEX exchange is positive.
-
Comment
My experience with the STEX exchange is positive. I mainly trade in several major pairs, and I avoid illiquid assets. The trading volumes were initially small, so there was no need to get verified. The limit for withdrawal is the equivalent of 50,000 USD. That and the high commission did not bother me, because I trade in the medium term. But then I still had to go through verification, because I got into the Bitcoin growth trend and made a lot of money. The verification was done within two days, then the profit was withdrawn within two more days. So I am quite pleased with the cooperation with the STEX exchange. Now, if it made margin trading available, that would be great.
-
Comment
The only problem that I had when working with the STEX exchange was the delays in the transfer of the cryptos, both in the direction of replenishment and in the direction of withdrawal. Maybe I'm unlucky, but the delays happened in almost every transaction. I have been working with the STEX exchange for several years, they even recognize me in technical support by my requests. Once, the withdrawal delay was significant. They had some kind of failure in the system, they said; and it took 5 days to withdraw my Bitcoins. I demanded compensation, and as a result, I was given a zero trading commission for a month. This is probably why I remain trading on the STEX exchange, despite all its shortcomings.
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.