Bitfinex vs Bybit - HodlCue
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Provider comparison

Bitfinex vs Bybit

Bitfinex vs Bybit: compare maker / taker fee, supported coins, fees, regulation, and custody in one head-to-head table.

Bitfinex

Bitfinex

Bitfinex is a custodial exchange that does not allow US users and lacks proof of reserves. This review covers…

VS
Bybit

Bybit

Bybit is a popular crypto derivatives exchange that offers spot and futures trading. It is not available in t…

Head-to-head comparison

Maker / taker fee

Bitfinex

Spot maker 0.10%/taker 0.20%, lower by volume

Bybit

Spot 0.10%/0.10%; derivatives maker 0.02%/taker 0.055%

Supported coins

Bitfinex

~170

Bybit

600+

Fiat on-ramps

Bitfinex

Bank wire (limited), third-party card

Bybit

Card, P2P, third-party providers

KYC level

Bitfinex

required

Bybit

required (low-tier for limited use)

US allowed

Bitfinex

Bybit

Proof of Reserves

Bitfinex

n (no standardized user-verifiable PoR published)

Bybit

y - Merkle-tree PoR published

Order-book depth

Bitfinex

Very high on majors, deep margin/funding market

Bybit

Very high derivatives liquidity

Instruments

Bitfinex

spot, margin, derivatives, P2P funding (lending)

Bybit

spot, perpetuals, futures, options, margin, earn

Pros & cons

Bitfinex

Bitfinex

Pros

  • Wide range of trading pairs and advanced tools
  • Margin trading and lending available
  • High liquidity for major cryptocurrencies

Cons

  • No proof of reserves, reducing transparency
  • Not available to US residents
  • Custodial platform requires trust in the exchange
Bybit

Bybit

Pros

  • High leverage up to 100x on derivatives
  • Proof of reserves for transparency
  • Copy trading feature for beginners
  • Low spot trading fees with maker rebates

Cons

  • Not available in the United States
  • Custodial exchange, users don't control private keys
  • High risk due to leverage trading
Bitfinex

Bitfinex

Bitfinex is a custodial exchange that does not allow US users and lacks proof of reserves. This review covers what it offers, who it suits, and what to check before signing up.

Read review
Bybit

Bybit

Bybit is a popular crypto derivatives exchange that offers spot and futures trading. It is not available in the US and publishes proof of reserves for transparency.

Read review

Risk warning: Cryptocurrency is a volatile, high-risk asset class. Prices can fall as well as rise, and you could lose some or all of the money you put in. Custodial providers carry counterparty risk; self-custody puts key security entirely on you. This page is general information, not financial advice.

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