Bybit is one of the top exchanges in the world. It is an exchange that has users all over the world and is expected to grow in the future. On the other hand, bitFlyer is used by many Japanese users as a Japanese virtual currency exchange. Which is better when choosing a virtual currency exchange?
What is Bybit?
Bybit is a cryptocurrency exchange based in Dubai. There are many users and they are distributed all over the world. You can check the company profile etc. in the following article. You can also check the license acquisition status.
What is bitFlyer?
bitFlyer is a cryptocurrency exchange founded in 2014. bitFlyer is recognized as one of the largest cryptocurrency exchanges in Japan, and many users are registered.
word of mouth and reputation
Bybit’s platform is highly rated. Whether it’s features or speed, it gets pretty high marks. Futures trading is rated for those who are familiar with derivatives and their specifications.
Region, country and distribution of registered users
The distribution below is taken from a site called Traders Union. Traders Union is a website founded in 2010 that introduces reviews and reviews of cryptocurrency and forex sites. Bybit has the most users in Japan. America will be next. Bybit is well known in East Asia and North America, and is used by many users. In addition, there are many users in South America.
Source : TradersUnion
Bybit VS bitFlyer
|Maker Fee||0.01%||0.01 ～ 0.15%|
|Taker Fee||0.06%||0.01 ～ 0.15%|
|Promotion||Deposit bonus $30,000 USDT|
|Exchange T-POINT to Bitcoin|
Account opening campaign
Credit card bonus campaign
|Live Chat Support||〇||×|
|Withdraw Merthod||Crypto||Bank Transfer|
|Deposit Method||Bank Transfer|
Convenience store payment
|Trade Instruments||Cryptos, Futures||Cryptos|
Handling virtual currency
Bybit is completely more in terms of the number of virtual currencies handled. In the case of bitFlyer, there are only 21 types, so the number is very limited.
Bybit is easier to use in terms of trading tools. This is because it supports MT4. MT4 is a popular tool for traders around the world.
Bybit is clearly better in terms of promotions and bonuses. Bybit also conducts campaigns irregularly, so there are many events throughout the year. BitFlyer doesn’t have many campaigns, so much less than Bybit.
Both taker and maker fees are about the same. So it’s up to you which one to choose.
Recommended by Bybit
If you want to take full advantage of promotions and bonuses, Bybit is definitely recommended. You can open a Bybit account from the following article. Please refer to the instructions on how to open an account.