Updated October 13, 2026 · HodlCue Editorial Team

Bybit vs Gemini

Two providers side by side: recorded fees, markets, regulation and platforms for Bybit and Gemini, from the same records as each review.
Gemini

Gemini

Higher score in this comparison

9.0/10

Where Bybit and Gemini differ

Bybit vs Gemini
CompareBybitReviewSee alternativesSee alternativesGeminiGeminiReviewVisitVisit
Coins listed396Higher76
RegulatorsAustrian Financial Market Authority (FMA), Commission de Surveillance du Secteur Financier (CSSF)NMLS (US state money transmitter licensing), Malta Financial Services Authority (MFSA)
Taker feeNot confirmed0.8%
Fiat deposit methodsNot confirmedCard, Bank, ACH
Maker feeNot confirmed0.4%
Withdrawal feeNot confirmedCrypto withdrawal fees are dynamic and correspond to current network/gas fees; USD wire transfer out $252; Custody to Exchange crypto withdrawal $125
DerivativesNot confirmedYes
Exchange typeNot confirmedCex

Same on both: Proof of reserves (Yes).

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Key differences

  • Regulators: only Bybit offers Austrian Financial Market Authority (FMA), Commission de Surveillance du Secteur Financier (CSSF).
  • Regulators: only Gemini offers NMLS (US state money transmitter licensing), Malta Financial Services Authority (MFSA).
  • Founded is lower at Gemini: 2014 vs 2018.
  • Gemini is licensed in 1 more country.
  • Coins listed is higher at Bybit: 396 vs 76.

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.

Read the full Bybit review

Gemini

Gemini carries US and Malta licences and a regulated central exchange setup with card, bank and ACH funding. It suits buyers who want derivatives alongside spot and who can settle for a coin list of 76 rather than the widest range on HodlCue.

Read the full Gemini review

Score breakdown

Bybit vs Gemini
AreaBybitGemini
CostNot confirmed8.3Taker fees of 0.8% and maker fees of 0.4% on ActiveTrader run above the 0.2% median for tracked exchanges.
OfferNot confirmed9.4The platform combines custodial, self custody and staking accounts with derivatives trading on the same venue.
TrustNot confirmed9.3

How they place

Bybit vs Gemini
RankingBybitGemini
Crypto exchanges221 of 2972 of 297

Every fact side by side

Bybit vs Gemini
FactBybitGemini
FeaturesNot confirmedCustodial, Self custody, Staking
Legal entityBybit EU GmbHGemini Intergalactic EU Ltd
HeadquartersAustriaMalta
Founded20182014Lower
Support channelsNot confirmedEmail, Help centre, Community

Crypto wallets

Bybit vs Gemini
FactBybitGemini
Coins supported396Not confirmed

Where each stands against the rest

Bybit vs Gemini
FactBybitGeminiMedian
Taker feeNot confirmed0.8%highest quarter0.15%
Coins listed396highest quarter76at the median76
Maker feeNot confirmed0.4%highest quarter0.1%

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

Gemini

Pros

  • Regulated in the US and Malta, with NMLS (2403509) and MFSA (MiCA CASP 2138002QAMX8PPKSO715) references that can be checked.
  • Fiat deposits accept card, bank and ach, covering the card, bank and ACH routes most buyers use.
  • Proof of reserves is published, a practice shared by 79.4% of the exchanges tracked here.

Cons

  • Taker fees of 0.8% on ActiveTrader sit above the 0.2% median for tracked exchanges, and Gemini ranks 97 of 118 on that measure.
  • A coin list of 76 trails the 344.5 upper quartile across tracked exchanges, so deep long-tail trading stays limited.
  • Support runs on email, help centre and community only, and phone support is offered on just 44.7% of the brands tracked here.

Who each suits

Bybit

Who it suits

  • Customers seeking broad listed coin choice
  • Customers valuing published proof of reserves

Gemini

Who it suits

  • US and Malta residents who want a licensed custodian rather than a self-custody-only setup.
  • Traders who want staking and derivatives next to spot trading on the same platform.
  • Buyers who fund by card, bank or ACH and read a proof of reserves disclosure.

Who should look elsewhere

  • Bitpanda, which lists from 650 coins and suits buyers chasing a longer coin list.
  • bunq, which charges 0.25% to 1.99% as a taker fee and suits cost-first traders.

Country by country

Bybit vs Gemini
CountryBybitGemini
ArgentinaNoYes
AustraliaNoYes
AustriaNoYes
BahamasNoYes
BelgiumNoYes
BermudaNoYes
BhutanNoYes
BrazilNoYes

8 of 65 countries where either is available.

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.

Gemini

What does Gemini charge to trade?+

ActiveTrader pricing puts the taker fee at 0.8% and the maker fee at 0.4%. The taker rate sits above the 0.2% median for the exchanges tracked here, and Gemini ranks 97 of 118 on taker fee. Regular traders feel that more than occasional buyers.

Is Gemini regulated, and can the licences be checked?+

Yes. Gemini lists NMLS (US state money transmitter licensing) and Malta Financial Services Authority (MFSA) as its regulators. The US money transmitter licence is 2403509 and the Malta Financial Services Authority licence is MiCA CASP 2138002QAMX8PPKSO715, held by Gemini Intergalactic EU Ltd. The listed headquarters country is MT.