Updated October 13, 2026 · HodlCue Editorial Team
Bitfinex vs Bybit
Bitfinex
Higher score in this comparison
Bybit
Where Bitfinex and Bybit differ
| Compare | BitfinexReviewSee alternativesSee alternatives | BybitReviewSee alternativesSee alternatives |
|---|---|---|
| Coins listed | 63 | 396Higher |
| Regulators | Digital Assets Service Provider El Salvador | Austrian Financial Market Authority (FMA), Commission de Surveillance du Secteur Financier (CSSF) |
| Taker fee | 0% | Not confirmed |
| Fiat deposit methods | Card, Bank | Not confirmed |
| Maker fee | 0% | Not confirmed |
| Withdrawal fee | Bank wire 0.1% (min 100 USD/Euro) | Not confirmed |
| Derivatives | Yes | Not confirmed |
| Exchange type | Cex | Not confirmed |
Same on both: Proof of reserves (Yes).
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Key differences
- Regulators: only Bitfinex offers Digital Assets Service Provider El Salvador.
- Regulators: only Bybit offers Austrian Financial Market Authority (FMA), Commission de Surveillance du Secteur Financier (CSSF).
- Founded is lower at Bitfinex: 2012 vs 2018.
- Coins listed is higher at Bybit: 396 vs 63.
Our verdict on each
Bitfinex
Bitfinex is a custodial exchange built for active traders and long-term holders who want a low cost on every fill rather than a very long coin list. It scores 7.3 overall on HodlCue, trading 63 coins, publishing proof of reserves and adding staking on the same account.
Bybit
For crypto customers seeking broad coin coverage, Bybit is a crypto exchange option linked to listed coins and proof of reserves. It suits customers who want many coins in one exchange account and value a published reserves signal alongside custody and account controls.
Score breakdown
| Area | Bitfinex | Bybit |
|---|---|---|
| Cost | 9.8Spot taker fee of 0% and maker fee of 0%, so trading costs sit at the floor. | Not confirmed |
| Offer | 9.2Derivatives and staking with a yield of 3% to 6%, but a coin list of only 63. | Not confirmed |
| Trust | 9.2 | Not confirmed |
How they place
| Ranking | Bitfinex | Bybit |
|---|---|---|
| Crypto exchanges | 37 of 297 | 221 of 297 |
Every fact side by side
| Fact | Bitfinex | Bybit |
|---|---|---|
| Features | Custodial, Staking | Not confirmed |
| Legal entity | iFinex Inc. | Bybit EU GmbH |
| Headquarters | Virgin Islands, British | Austria |
| Founded | 2012Lower | 2018 |
| Support channels | Chat, Help centre, Community | Not confirmed |
Crypto earn
| Fact | Bitfinex | Bybit |
|---|---|---|
| Yield | 3% to 6% | Not confirmed |
| Supported assets | TRX, SOL, ADA, DOT, ETH | Not confirmed |
| Lock-up terms | Soft staking, no lock except ETH2 which needs unstaking (weeks to months) | Not confirmed |
| Custody | Custodial | Not confirmed |
Crypto wallets
| Fact | Bitfinex | Bybit |
|---|---|---|
| Coins supported | Not confirmed | 396 |
Where each stands against the rest
| Fact | Bitfinex | Bybit | Median |
|---|---|---|---|
| Taker fee | 0%lowest quarter | Not confirmed | 0.15% |
| Coins listed | 63below the median | 396highest quarter | 76 |
| Maker fee | 0%below the median | Not confirmed | 0.1% |
Median across 219 listed providers.
Pros and cons
Bitfinex
Pros
- Proof of reserves is published, which gives you something concrete to check before you deposit.
- Card and bank fiat deposits are both supported, and help runs on chat, help centre and community when something goes wrong.
- Staking is soft, so coins are not locked, except the ether position, which has to be unstaked first over weeks to months.
Cons
- A list of 63 coins puts it at 89 of the 172 brands we track, below the 344.5 the widest lists reach.
- Custody is custodial, so the exchange holds your coins rather than a wallet you control.
- Support runs on chat, help centre and community only, with no email or phone line for urgent cases.
Bybit
Pros
- Maintains broad listed coin selection for exchange use
- Publishes proof of reserves as part of exchange transparency
Who each suits
Bitfinex
Who it suits
- Traders who trade often enough for the taker fee to matter more than the coin list.
- Holders who want a staking yield without locking up access to most of their coins.
- Traders who want spot and derivatives handled from a single account and one fee schedule.
Who should look elsewhere
- Bitpanda, if the coin list matters most to you: it lists from 650 coins against 63 on Bitfinex.
- bunq, if you would rather see a stated taker fee of 0.25% to 1.99% than trade at 0%.
- ActivTrades, if a short list of 9 coins covers everything you want to trade.
Bybit
Who it suits
- Customers seeking broad listed coin choice
- Customers valuing published proof of reserves
Questions about each
Bitfinex
What are the trading fees on Bitfinex?+
Spot trading is charged at 0% for takers and 0% for makers, so both sides of the book sit at the same figure. That places Bitfinex at 1 on taker fee among the 118 brands we compare, while the site median sits at 0.2%.
How much does it cost to withdraw?+
A bank wire withdrawal costs Bank wire 0.1% (min 100 USD/Euro), and that is the figure published in the exchange's fee table. Because the charge includes a stated minimum, a small transfer can cost more to move than the rate alone suggests, so fewer larger withdrawals usually make more sense than a run of small ones.
Bybit
What does Bybit provide for crypto customers?+
Bybit is associated with crypto exchange activity covering listed coins for holding and trading. It also provides proof of reserves, which supports transparency review. Customers can look at coin coverage, custody and account controls before choosing an exchange home.
Which range does Bybit cover?+
Bybit covers a selection of listed coins for exchange customers to hold and trade. Availability can depend on customer situation, so confirmation of support for particular coins helps planning. A defined list makes it easier to see whether preferred coins appear.
Other options to compare
Other matchups
Bitfinex
Bybit