Choosing the right cryptocurrency exchange can make a big difference in your trading success. If you’re trying to decide between Crypto.com and Bybit in 2025, you’ll want to understand how they stack up against each other.
Crypto.com scores higher overall with a 9.4 rating compared to Bybit, but each platform serves different types of users better. Crypto.com offers a wider range of services that might appeal to everyday users, while Bybit focuses on providing a fast, straightforward platform for active traders who want to buy tokens and trade crypto derivatives.
When comparing these exchanges, you’ll need to consider factors like fees, available cryptocurrencies, user interface, and security features. Both platforms have their strengths, but your trading style and needs will determine which one is the better fit for you.
Crypto.com Vs Bybit: At A Glance Comparison
When choosing between Crypto.com and Bybit, it’s helpful to understand their key differences. Both platforms offer cryptocurrency trading services but have unique features that set them apart.
Trading Fees:
- Crypto.com: Tiered fee structure based on trading volume
- Bybit: Generally competitive fees with discounts for high-volume traders
Available Products:
| Feature | Crypto.com | Bybit |
|---|---|---|
| Spot Trading | ✓ | ✓ |
| Derivatives | Limited | Extensive |
| Copy Trading | Basic | Advanced (includes Gold & FX pairs) |
| Card Services | Visa Card with rewards | Limited card options |
Crypto.com excels with its comprehensive ecosystem that includes a Visa card with crypto rewards. This makes it attractive if you want to use crypto in everyday transactions.
Bybit stands out with its advanced trading features and copy trading options. As the search results indicate, Bybit is the first crypto exchange to offer copy trading for gold and FX pairs.
For beginners, Crypto.com’s user-friendly interface might be more appealing. You’ll find the app easier to navigate with clearer guidance for newcomers.
Experienced traders often prefer Bybit for its advanced charting tools and trading options. You can access more sophisticated trading features when you need deeper market analysis.
Both platforms maintain strong security measures to protect your assets. They offer two-factor authentication and regular security audits to safeguard your investments.
Crypto.com Vs Bybit: Trading Markets, Products & Leverage Offered
When comparing Crypto.com and Bybit, the trading options available to you matter significantly. Both platforms offer diverse markets, but with notable differences.
Bybit stands out for leverage trading. You can access up to 100x leverage on certain trading pairs, making it popular among experienced traders looking to amplify potential returns.
Crypto.com offers a more beginner-friendly approach to trading with a cleaner interface. While its leverage options are more conservative, this can be safer for new traders.
Products Comparison:
| Feature | Crypto.com | Bybit |
|---|---|---|
| Spot Trading | ✓ | ✓ |
| Futures | ✓ | ✓ |
| Margin Trading | Limited | Extensive |
| Max Leverage | Lower | Up to 100x |
| NFT Marketplace | ✓ | ✓ |
| Copy Trading | Limited | Advanced |
Bybit specializes in derivatives trading with USDT and USDC perpetual futures and inverse perpetuals. This makes it a preferred choice for traders focused on futures contracts.
You’ll find more earning opportunities on Bybit through its advanced trading rewards program and copy trading feature, allowing you to follow strategies of successful traders.
Crypto.com compensates with a smoother user experience and more straightforward navigation of trading markets, making it easier to find and trade the assets you want.
Crypto.com Vs Bybit: Supported Cryptocurrencies
When choosing between Crypto.com and Bybit, the range of available cryptocurrencies is a key factor to consider. Both platforms offer a substantial selection, but there are notable differences.
Bybit supports over 600 cryptocurrencies for spot trading. This is quite impressive for traders looking for variety. The platform also features more than 350 markets for futures pairs, making it attractive for derivative traders.
Crypto.com, while the search results don’t specify an exact number, is known for its comprehensive crypto offerings. The platform caters to both beginners and experienced traders with its selection.
Here’s a quick comparison:
| Platform | Spot Cryptocurrencies | Futures Markets |
|---|---|---|
| Bybit | 600+ | 350+ |
| Crypto.com | Wide selection (exact number not specified) | Varies |
Bybit might be your better choice if you’re specifically interested in trading a wide range of cryptocurrencies or engaging in futures trading. The platform is designed with active traders in mind.
For beginners or those who value a user-friendly interface alongside decent crypto selection, Crypto.com could be more suitable. Their platform is often praised for its accessibility.
Both exchanges regularly add new tokens, so you’ll want to check their current listings if you’re looking for specific cryptocurrencies to trade.
Crypto.com Vs Bybit: Trading Fee & Deposit/Withdrawal Fee Compared
When choosing between Crypto.com and Bybit, understanding their fee structures is essential for your trading strategy.
Trading Fees
| Exchange | Maker Fee | Taker Fee |
|---|---|---|
| Bybit | 0.02% | 0.055% |
| Crypto.com | 0.1% – 0.4% | 0.1% – 0.4% |
Bybit offers notably lower trading fees, especially for market makers. Their maker fee of 0.02% is among the lowest in the industry, making it attractive for high-volume traders.
Crypto.com’s fees range from 0.1% to 0.4% depending on your trading volume and CRO token stake. Higher stakes and volumes can help reduce your costs.
Deposit Fees
Both exchanges offer free crypto deposits, which is standard across most platforms.
For fiat deposits, Crypto.com may charge varying fees depending on your payment method. Bybit’s fiat deposit fees also vary by region and method.
Withdrawal Fees
Crypto.com charges a flat $25 fee for all fiat withdrawals. Crypto withdrawal fees vary by network and token.
Bybit’s withdrawal fees are generally competitive and network-dependent. They occasionally adjust these fees based on blockchain conditions.
You’ll find Bybit more cost-effective for active traders who make many transactions. Crypto.com might work better if you trade less frequently but use their other services.
Remember that fees can change, so checking the exchanges’ official fee schedules before making your decision is always wise.
Crypto.com Vs Bybit: Order Types
When trading cryptocurrency, the types of orders available on your platform can significantly impact your trading strategy. Both Crypto.com and Bybit offer various order options to help you execute trades according to your preferences.
Bybit provides a comprehensive range of order types split into basic and advanced categories. For basic traders, you can use Market Orders, Limit Orders, and Stop Orders to manage your positions effectively.
Bybit’s advanced options include Take Profit, Stop Loss, and Conditional Orders, giving you more control over risk management and automated trading strategies.
Crypto.com also offers standard order types like Market and Limit Orders. Their platform includes Stop Loss and Take Profit features to help you protect your investments and lock in gains.
One difference worth noting is Bybit’s focus on futures trading, which means they offer specialized order types for derivatives trading. This makes Bybit particularly strong for advanced traders who use leverage and complex strategies.
Here’s a simple comparison of the main order types:
| Order Type | Bybit | Crypto.com |
|---|---|---|
| Market Orders | ✓ | ✓ |
| Limit Orders | ✓ | ✓ |
| Stop Orders | ✓ | ✓ |
| Take Profit | ✓ | ✓ |
| Stop Loss | ✓ | ✓ |
| Conditional Orders | ✓ | Limited |
Your trading style will determine which platform’s order types better suit your needs. Bybit tends to offer more specialized options for advanced traders, while Crypto.com provides a solid foundation for most trading activities.
Crypto.com Vs Bybit: KYC Requirements & KYC Limits
Both Crypto.com and Bybit use Know Your Customer (KYC) procedures to verify user identities and comply with regulations. These processes help prevent money laundering and other illicit activities.
Bybit offers different verification levels that affect your account capabilities. The platform may require KYC to approve withdrawal requests at any time, even for basic accounts. This is particularly important to note if you’re looking for platforms with minimal verification.
Bybit’s KYC process focuses on security and compliance with regulatory requirements. The platform analyzes user risk profiles as part of its verification procedures.
For US users, Bybit has stricter regulatory requirements, which may impact the KYC process and available services. This is something to consider when choosing between the two platforms.
Crypto.com typically requires KYC verification for all users to access its full range of services. Their verification process is designed to protect both the platform and its users.
KYC Requirements Comparison:
| Feature | Crypto.com | Bybit |
|---|---|---|
| Basic account | Requires verification | May allow limited use without full KYC |
| Withdrawal limits | Tied to verification level | May require KYC for approvals |
| US user restrictions | Compliant with US regulations | Has stricter requirements for US users |
Your choice between these platforms may depend on how much personal information you’re comfortable sharing and the features you need access to.
Crypto.com Vs Bybit: Deposits & Withdrawal Options
When choosing between Crypto.com and Bybit, understanding their deposit and withdrawal options is crucial for your trading experience.
Deposit Methods
Both exchanges support cryptocurrency deposits. Bybit accepts major cryptocurrencies like Bitcoin, Ethereum, and various stablecoins with zero deposit fees.
Crypto.com offers more fiat currency options, allowing you to deposit using bank transfers, credit cards, and debit cards. This makes it more accessible if you’re new to crypto.
Withdrawal Options
| Feature | Crypto.com | Bybit |
|---|---|---|
| Crypto withdrawals | Yes | Yes |
| Fiat withdrawals | Yes (more options) | Limited |
| Withdrawal fees | Variable by crypto | Variable by crypto |
Bybit’s withdrawal fees vary by cryptocurrency but are generally competitive with the market. The platform offers quick processing times for most withdrawals.
Crypto.com provides more comprehensive withdrawal options, including direct bank transfers in many regions. This can be convenient when you want to convert your crypto back to traditional currency.
Processing Times
Crypto deposits typically process faster on both platforms, usually within minutes or hours depending on blockchain congestion.
Fiat transactions can take 1-3 business days on Crypto.com, while Bybit’s limited fiat options may have varying timeframes.
For frequent traders, both platforms offer reasonable withdrawal limits, though they may require identity verification for higher amounts.
Crypto.com Vs Bybit: Trading & Platform Experience Comparison
When comparing Crypto.com and Bybit’s trading platforms, you’ll notice distinct differences in their user experience and features.
Bybit specializes in margin trading and futures, offering advanced trading tools that cater to experienced traders. Its interface is designed for efficiency, allowing you to execute trades quickly with minimal lag.
Crypto.com provides a more beginner-friendly environment while still offering advanced trading options. The platform is known for its clean design and straightforward navigation.
Both exchanges support a wide range of cryptocurrencies, but Bybit often appeals more to traders looking for sophisticated derivatives trading. You’ll find futures, perpetual swaps, and options more prominently featured on Bybit.
Trading fees vary between the platforms. Bybit typically charges a 0.1% maker fee and 0.06% taker fee for spot trading, while Crypto.com’s fees range based on your trading volume and CRO token holdings.
Mobile experience is strong for both platforms. Crypto.com’s app is particularly praised for its user-friendly design. Bybit’s mobile platform maintains most functionality of the desktop version.
Order execution speed is excellent on both exchanges, but Bybit often receives higher marks for fewer outages during high market volatility periods.
You’ll find more educational resources on Crypto.com, making it more suitable if you’re newer to crypto trading. Bybit caters more to those already familiar with advanced trading concepts.
Crypto.com Vs Bybit: Liquidation Mechanism
When trading with leverage on crypto exchanges, understanding the liquidation mechanism is crucial for protecting your investments. Liquidation happens when your position can’t meet the margin requirements.
Bybit offers a dual price mechanism that helps protect traders from unfair liquidations. This system uses both mark price and last traded price to determine liquidation levels, reducing the impact of sudden price swings and potential market manipulation.
This approach gives you more stability during volatile market conditions. It helps prevent unnecessary liquidations that might occur from temporary price spikes.
Crypto.com also has liquidation protections in place, though they use a different system. Based on overall scores, Crypto.com rates higher with a 9.4 overall score compared to Bybit.
When choosing between these platforms, consider how they handle liquidations:
- Bybit: Dual price mechanism with protection against volatility
- Crypto.com: Standard liquidation protocols with high overall platform rating
Both platforms offer leverage trading, but Bybit allows leverage up to 1:100, potentially increasing profit opportunities. This higher leverage also increases risk of liquidation if markets move against your position.
Your trading style should influence which platform you choose. Frequent traders who use high leverage might appreciate Bybit’s protection against untimely liquidations during market volatility.
Crypto.com Vs Bybit: Insurance
When choosing between crypto exchanges, insurance protection is a crucial factor to consider. Both Crypto.com and Bybit offer some form of insurance to protect user funds.
Crypto.com provides robust insurance coverage through a $750 million insurance policy that covers both hot and cold wallets. This gives you peace of mind knowing your crypto assets have substantial protection against hacks or security breaches.
Bybit, meanwhile, maintains an insurance fund designed to prevent auto-liquidations from affecting user experiences. The exchange also implements a comprehensive security framework, though its specific insurance coverage details aren’t as prominently advertised as Crypto.com’s.
Key Insurance Differences:
| Feature | Crypto.com | Bybit |
|---|---|---|
| Insurance Amount | $750 million | Not clearly specified |
| Coverage Type | Hot and cold wallets | Trading insurance fund |
| SAFU Equivalent | Yes | Yes (Insurance Fund) |
Both exchanges store most user funds in cold wallets for additional security. This offline storage significantly reduces the risk of hacking attempts.
Remember that insurance policies have limitations and specific conditions. You should review the detailed terms on each platform’s security page before making your decision.
Neither exchange guarantees complete protection against all potential losses. Market volatility and trading risks remain your responsibility regardless of the platform you choose.
Crypto.com Vs Bybit: Customer Support
When choosing between Crypto.com and Bybit, customer support can be a deciding factor for your trading experience.
Crypto.com offers support through multiple channels including live chat and email. Users appreciate that assistance is readily available when needed. The platform also maintains a comprehensive help center with detailed guides.
However, search results indicate that Crypto.com’s response times might not always be the fastest. You may need to wait a bit for complex issues to be resolved.
Bybit’s customer service appears to have some limitations. According to the search results, their support system has been described as “below-average” with delayed response times when answering user questions.
Both exchanges offer basic support options, but neither seems to excel significantly in this area. You’ll find the standard help resources like FAQs and knowledge bases on both platforms.
For urgent matters, Crypto.com might offer a slight edge with its live chat feature, though response quality can vary.
When you need assistance with account issues or trading problems, it’s worth considering these support differences between the platforms.
Remember that support quality may vary based on your region and the complexity of your issue.
Crypto.com Vs Bybit: Security Features
When choosing a crypto exchange, security should be your top priority. Both Crypto.com and Bybit offer robust security measures to protect your investments.
Crypto.com has established itself as a reputable exchange with strong security protocols. It uses two-factor authentication (2FA), cold storage for most funds, and regular security audits. The platform also offers insurance against theft from their cold storage systems.
Bybit similarly prioritizes security with 2FA and cold wallet storage. They implement multi-signature wallets for added protection and have a solid track record with no major security breaches to date.
For account protection, both platforms offer:
| Security Feature | Crypto.com | Bybit |
|---|---|---|
| Two-Factor Authentication | ✓ | ✓ |
| Cold Storage | ✓ | ✓ |
| Insurance | ✓ | Limited |
| Anti-phishing Code | ✓ | ✗ |
| Multi-signature Wallets | ✗ | ✓ |
Crypto.com has an edge with its anti-phishing security features and more comprehensive insurance coverage. This makes it slightly more appealing if security is your main concern.
Bybit offers no-KYC crypto withdrawals up to 20,000 USDT daily, which provides convenience but might be a security trade-off depending on your perspective.
Both exchanges require KYC verification for higher withdrawal limits, helping to prevent fraud and ensure compliance with regulations.
Is Crypto.com A Safe & Legal To Use?
Crypto.com is generally considered a safe platform for cryptocurrency trading and investing. The exchange employs several security measures to protect user funds and information.
These security features include two-factor authentication (2FA), cold storage for cryptocurrencies, anti-phishing codes, and withdrawal address whitelisting. These layers of protection help guard against unauthorized access to your account.
From a legal standpoint, Crypto.com operates as a regulated exchange in many countries. However, it’s worth noting that the U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Crypto.com. This indicates potential future legal action against some of its offerings.
Despite this regulatory concern, many users still find Crypto.com to be a reliable platform. The exchange continues to function normally while addressing these regulatory challenges.
When comparing safety features with Bybit, Crypto.com earned a higher overall score of 9.4 according to recent comparisons. This suggests strong confidence in their security infrastructure.
Fees on Crypto.com tend to be higher than some competitors. But if you’re mainly holding and accumulating cryptocurrency rather than frequent trading, this may not significantly impact your experience.
Before using any cryptocurrency platform, you should verify it’s legal in your jurisdiction and understand the risks involved. The crypto market remains volatile and somewhat uncertain from a regulatory perspective.
Is Bybit A Safe & Legal To Use?
Bybit has built a strong reputation for security since its launch in 2018. The exchange has never experienced a security breach or hack, which is impressive in the cryptocurrency industry.
Bybit uses multiple layers of security including both on-site and off-site protection measures. They store most user funds in cold wallets, keeping assets offline and away from potential hackers.
For account security, Bybit offers:
- Two-factor authentication (2FA)
- Anti-phishing codes
- Withdrawal address management
- Regular security audits
Regarding legality, Bybit operates as an “offshore” exchange, meaning it’s not regulated in the same way as exchanges like Coinbase. This doesn’t make it illegal, but the regulatory status varies by country.
Important: Bybit is not available to users in the United States due to regulatory restrictions.
In terms of trustworthiness, Bybit ranks as the second largest crypto exchange globally. However, it’s worth noting that some bitcoin enthusiasts don’t recommend it as often as platforms like Kraken or Coinbase.
Compared to Crypto.com, Bybit has a slightly lower overall score (Crypto.com scores 9.4 according to BitDegree). Still, many traders consider Bybit a reliable platform for cryptocurrency trading.
Before using Bybit, you should verify whether it’s legal in your jurisdiction, as cryptocurrency regulations differ worldwide.
Frequently Asked Questions
Many crypto traders compare Crypto.com and Bybit when choosing an exchange platform. These platforms differ in fees, user experience, security features, and available markets to trade on.
What are the primary differences in fees between Crypto.com and Bybit?
Crypto.com and Bybit have different fee structures that impact trading costs. Crypto.com’s overall fee structure tends to be slightly higher, with trading fees typically ranging from 0.04% to 0.4% depending on your monthly trading volume.
Bybit offers competitive fees, starting at around 0.1% for makers and 0.6% for takers. According to search results, Bybit’s P2P trading offers zero transaction fees for both buyers and sellers, though payment processor fees may still apply.
Both exchanges offer fee discounts based on trading volume and platform token holdings. Crypto.com provides reduced fees when staking their CRO token, while Bybit offers similar benefits with their BIT token.
How do user experiences compare when trading on Crypto.com versus Bybit?
Crypto.com offers a more comprehensive ecosystem with an app, exchange, DeFi wallet, and Visa cards. This creates a seamless experience for users looking to do more than just trade cryptocurrencies.
Bybit excels in providing an intuitive trading interface, especially for derivatives trading. Advanced traders appreciate Bybit’s professional charting tools and customizable dashboard.
Navigation on Crypto.com can feel more complex due to its broader range of services. Bybit focuses primarily on trading, making its platform more straightforward for pure trading activities.
What advantages does Bybit offer over Crypto.com for cryptocurrency trading?
Bybit stands out with its advanced derivatives trading platform, offering futures contracts, perpetual swaps, and options. These features appeal to experienced traders looking for leverage and hedging tools.
Bybit’s trading engine can handle up to 100,000 transactions per second, reducing the risk of system overloads during high volatility periods. This reliability makes it preferred for high-frequency traders.
The exchange also offers more detailed order types, including conditional orders and trailing stops. These allow for more sophisticated trading strategies compared to Crypto.com’s more basic order options.
Can you highlight any security features that set Crypto.com apart from Bybit?
Crypto.com holds ISO 27001:2013 certification and has completed SOC 2 Type 1 compliance audits. The platform employs cold storage for the majority of user assets and uses multi-factor authentication.
Crypto.com offers $750 million in insurance protection for assets held in their cold storage. This provides additional peace of mind for users concerned about potential hacks.
Bybit, while maintaining strong security measures, operates as an “offshore” exchange according to search results. Crypto.com complies with more regulatory frameworks globally, potentially offering better customer protections in regulated markets.
In terms of market variety, how do Crypto.com and Bybit’s offerings differ?
Crypto.com supports over 250 cryptocurrencies for spot trading, making it suitable for investors interested in a wide range of altcoins. The platform regularly adds new tokens to its offerings.
Bybit excels in derivatives markets with a strong focus on futures and perpetual contracts. The exchange offers leverage of up to 100x on certain trading pairs, attracting traders seeking amplified exposure.
Both platforms support major cryptocurrencies like Bitcoin and Ethereum, but Crypto.com generally lists a broader selection of smaller market cap tokens compared to Bybit.
What key factors should you consider when choosing between Crypto.com and Bybit for crypto trading?
Your trading strategy should guide your choice. If you primarily trade derivatives or use leverage, Bybit’s specialized platform may better suit your needs with its advanced order types and high-performance engine.
Consider geographic restrictions, as both exchanges have different availability in certain countries. Crypto.com tends to be more accessible in regulated markets, while Bybit operates in more jurisdictions as an offshore exchange.
Fee structures impact long-term profitability, especially for high-volume traders. Compare both platforms’ fee schedules based on your expected trading volume and whether you plan to stake platform tokens for discounts.
Bybit Vs Crypto.com Conclusion: Why Not Use Both?
After comparing Bybit and Crypto.com, it’s clear that each platform has unique strengths. You don’t necessarily need to choose just one.
Crypto.com offers a better user experience with a smoother interface. This makes it ideal for beginners or those who value simplicity in their trading experience.
Bybit, operating since 2018, has established itself as a trusted exchange with strong security measures. Its interface is particularly well-suited for trading activities like longing and shorting cryptocurrencies.
Key advantages of each platform:
| Platform | Strengths |
|---|---|
| Bybit | Low fees, high liquidity, user-friendly trading tools |
| Crypto.com | Smoother user experience, more intuitive interface |
You might consider using Crypto.com for your everyday crypto activities and general management of your portfolio. Its easier navigation makes routine transactions more convenient.
For more advanced trading strategies, especially shorting and longing, Bybit could be your go-to platform. Many traders find its specialized tools more effective for these purposes.
Using both platforms allows you to leverage the best features of each. You can enjoy Crypto.com’s user-friendly experience for daily activities while taking advantage of Bybit’s trading capabilities when needed.
Your specific needs will determine how you balance usage between the two platforms, but having access to both gives you more flexibility in your crypto journey.
