Updated October 13, 2026 · HodlCue Editorial Team
Bybit vs Changelly
Bybit
Changelly
Higher score in this comparison
Where Bybit and Changelly differ
| Compare | BybitReviewSee alternativesSee alternatives | |
|---|---|---|
| Coins listed | 396Higher | 32 |
| Proof of reserves | YesHas it | No |
| Taker fee | Not confirmed | 0.25% |
| Regulators | Austrian Financial Market Authority (FMA), Commission de Surveillance du Secteur Financier (CSSF) | Not confirmed |
| Fiat deposit methods | Not confirmed | Card, Bank, SEPA, Apple pay |
| Withdrawal fee | Not confirmed | Variable network fee set by the partner exchanges and shown to the user when the transaction is created |
| Exchange type | Not confirmed | Cex |
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Key differences
- Proof of reserves: only Bybit.
- Founded is lower at Bybit: 2018 vs 2020.
- Coins listed is higher at Bybit: 396 vs 32.
Our verdict on each
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.
Changelly
Changelly suits buyers who want to swap coins quickly and keep self-custody, with a taker fee of 0.25% and a coin list of 32. The narrow coin list and the missing proof of reserves make it a weaker fit for long term holders.
Score breakdown
| Area | Bybit | Changelly |
|---|---|---|
| Cost | Not confirmed | 8.7A taker fee of 0.25% sits at the category level of 0.25%, with a network charge on withdrawal on top. |
| Offer | Not confirmed | 9.4Coins listed reach 32 against a category level of 60, self-custody is on, and proof of reserves is not. |
| Trust | Not confirmed | 8.3 |
How they place
| Ranking | Bybit | Changelly |
|---|---|---|
| Crypto exchanges | 221 of 297 | 160 of 297 |
Every fact side by side
| Fact | Bybit | Changelly |
|---|---|---|
| Features | Not confirmed | Self custody |
| Legal entity | Bybit EU GmbH | Marella |
| Headquarters | Austria | Not confirmed |
| Founded | 2018Lower | 2020 |
| Support channels | Not confirmed | Email, Chat, Help centre, Community |
Crypto wallets
| Fact | Bybit | Changelly |
|---|---|---|
| Coins supported | 396 | Not confirmed |
Where each stands against the rest
| Fact | Bybit | Changelly | Median |
|---|---|---|---|
| Taker fee | Not confirmed | 0.25%above the median | 0.15% |
| Coins listed | 396highest quarter | 32below the median | 76 |
Median across 219 listed providers.
Pros and cons
Bybit
Pros
- Maintains broad listed coin selection for exchange use
- Publishes proof of reserves as part of exchange transparency
Changelly
Pros
- A taker fee of 0.25% sits at the category level of 0.25%
- Self-custody is offered, a feature carried by 13.8% of services in the same category
- Fiat deposits run through card, bank and sepa, covering card and bank transfer alongside a mobile wallet route
Cons
- Proof of reserves is not offered, so there is no published attestation of balances to check
- The coin list of 32 sits under the category level of 60
- Withdrawal costs follow a network charge that moves with the partner exchange, so each send can differ
Who each suits
Bybit
Who it suits
- Customers seeking broad listed coin choice
- Customers valuing published proof of reserves
Changelly
Who it suits
- Occasional buyers who want to pay by card or bank transfer and then move on
- Coin movers who prefer to hold coins in self-custody rather than on a platform balance
Who should look elsewhere
- Anyone who wants published proof of reserves: Changelly does not offer it, so Bitpanda or bunq are the ones to weigh
- Active traders who need a deeper coin list than 32, where Bitpanda lists from from 650
Current offers
Changelly
Current offer
Bonus
Welcome bonus in the Changelly mobile app
Offered in the Changelly app; no amount published on the page
Source, checked September 26, 2026
Questions about each
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.
Changelly
What does Changelly charge to swap coins?+
The taker fee is 0.25%, close to the category level of 0.25%. Above that, withdrawals add a network charge that moves with the partner exchange, so the full cost of a round trip runs past the headline fee. Fees run 0.25% to 1.99% at bunq for comparison.
Does Changelly publish proof of reserves?+
Proof of reserves is not offered, so there is no published attestation of customer balances to check against. That matters more for anyone holding a balance on the platform for a long stretch, and it is a reason to look at services that do publish the figure. Buying and sending out promptly keeps the exposure short.
Other options to compare
Bybit
Changelly