Bybit vs Kraken - HodlCue
HodlCue

Provider comparison

Bybit vs Kraken

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

Bybit

Bybit

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

VS
Kraken

Kraken

Kraken is a well-established crypto exchange known for its strong security and proof of reserves. It is avail…

Head-to-head comparison

Maker / taker fee

Bybit

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

Kraken

Pro maker 0.25% to 0.00%, taker 0.40% to 0.10% by volume

Supported coins

Bybit

600+

Kraken

~350+

Fiat on-ramps

Bybit

Card, P2P, third-party providers

Kraken

Bank transfer, wire, card, Apple/Google Pay

KYC level

Bybit

required (low-tier for limited use)

Kraken

required

US allowed

Bybit

Kraken

Proof of Reserves

Bybit

y - Merkle-tree PoR published

Kraken

y - cryptographically user-verifiable, updated periodically (kraken.com/proof-of-reserves)

Order-book depth

Bybit

Very high derivatives liquidity

Kraken

High on majors and many alts

Instruments

Bybit

spot, perpetuals, futures, options, margin, earn

Kraken

spot, futures, margin, staking, xStocks

Pros & cons

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
Kraken

Kraken

Pros

  • Strong security and track record
  • Proof of reserves for transparency
  • Wide range of cryptocurrencies
  • Available in the US
  • Advanced trading features

Cons

  • Custodial exchange, not self-custody
  • Complex fee structure
  • Verification required
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
Kraken

Kraken

Kraken is a well-established crypto exchange known for its strong security and proof of reserves. It is available in the US and offers a wide range of features for traders.

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.

Not the right match?

Line up any two providers side by side, or browse the full list to find your next platform.

Compare another provider Browse all providers