Bybit vs Bitget: Which is Better?
Bybit and Bitget are two leading cryptocurrency exchanges, both offering spot and derivatives trading. While Bybit is known for its low fees, deep liquidity, and user-friendly experience, Bitget stands out with advanced copy trading, competitive futures trading, and better fiat deposit options.
This comparison will break down their differences in fees, security, trading options, and overall experience to help you decide which platform is better for your needs.
1. Overview of Bybit and Bitget
Bybit Overview
- Founded: 2018
- Best For: Derivatives traders, low trading fees, deep liquidity
- Features: Futures trading (up to 100x leverage), Copy Trading, options
- Supported Cryptos: 350+
- Trading Fees: 0.1% (spot), 0.01%-0.06% (futures)
- Fiat Deposits: Limited options
- Security: Cold storage, 2FA, strong security reputation
- User Experience: Beginner-friendly
Bitget Overview
- Founded: 2018
- Best For: Copy trading, futures trading, fiat deposits
- Features: Spot trading, Futures (up to 125x leverage), Copy Trading, Staking
- Supported Cryptos: 600+
- Trading Fees: 0.1% (spot), 0.02%/0.06% (futures)
- Fiat Deposits: Bank transfer, credit card, P2P
- Security: Cold storage, KYC verification, 2FA
- User Experience: Good for beginners and advanced traders
2. Key Differences Between Bybit and Bitget
| Feature | Bybit | Bitget |
|---|---|---|
| Best For | Low fees, derivatives traders | Copy Trading, fiat deposits |
| Trading Options | Spot, Futures, Copy Trading, Options | Spot, Futures, Copy Trading, Staking |
| Leverage | Up to 100x | Up to 125x |
| Supported Cryptos | 350+ | 600+ |
| Trading Fees | 0.1% (spot), 0.01%-0.06% (futures) | 0.1% (spot), 0.02%-0.06% (futures) |
| Deposit Methods | Crypto, limited fiat | Crypto, bank transfer, credit card, P2P |
| Security | Cold storage, 2FA | Cold storage, KYC, 2FA |
| Copy Trading | Available | Best in industry |
| Customer Support | 24/7 live chat | 24/7 live chat |
| Ease of Use | Beginner-friendly | Good for both beginners & pros |
3. Pros and Cons of Bybit and Bitget
✅ Pros of Bybit
✔ Low trading fees on spot and futures.
✔ Deep liquidity, ensuring smooth trade execution.
✔ User-friendly interface, ideal for beginners.
✔ Better security reputation than Bitget.
❌ Cons of Bybit
✘ Fewer cryptocurrencies compared to Bitget.
✘ Limited fiat deposit options.
✘ Not available in some regions (e.g., the U.S.).
✅ Pros of Bitget
✔ More cryptocurrencies (600+), better for altcoin investors.
✔ Top-tier Copy Trading platform, ideal for passive income.
✔ Higher leverage (up to 125x) for futures traders.
✔ Better fiat deposit options (P2P, bank transfer, credit card).
❌ Cons of Bitget
✘ Slightly higher futures trading fees than Bybit.
✘ More regulatory scrutiny in some countries.
✘ Interface can be complex for absolute beginners.
4. Which One is Better?
✅ Choose Bybit if:
- You want a simpler and more secure trading experience.
- You prefer lower trading fees and deep liquidity.
- You are new to trading and need an easy-to-use platform.
✅ Choose Bitget if:
- You want more cryptocurrencies (600+) for trading.
- You are interested in Copy Trading to follow expert traders.
- You need better fiat deposit options (P2P, bank transfer, etc.).
5. Conclusion
Bybit is better for traders who prioritize security, low fees, and a beginner-friendly interface.
Bitget is better for traders looking for Copy Trading, more altcoins, and better fiat deposit options.
Would you like a deeper comparison on a specific feature? 😊