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, Bitget is used by many users as a virtual currency exchange that has successfully expanded globally. Which is better when choosing a virtual currency exchange?
Bybit
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, Bitget is used by many users as a virtual currency exchange that has successfully expanded globally. Which is better when choosing a virtual currency exchange?
What is Bitget?
Bitget has become a cryptocurrency exchange based in Seychelles, famous for its one-click copy trading, etc., and has many users. Furthermore, it will also become famous as a virtual currency exchange that has a partnership with Juventus, a football club.
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
Bitget’s biggest customers are Russians and Koreans. Other than that, there are a lot of users in the United States, Mexico, and South America, but there are other users in Asia, so it will be a cryptocurrency exchange that has successfully expanded globally.
Source : TradersUnion
Bybit VS Bitget
| Bybit | Bitget | |
| Company | Bybit Fintech Limited | Bitget |
| Headquarters | UAE | Seychelle |
| Found | 2018 | 2018 |
| Max Leverage | 100 | 125 |
| Cryptocurrencies | 150～ | 350 |
| Native Token | BIT | BGB |
| Maker Fee | 0.01% | 0.10% |
| Taker Fee | 0.06% | 0.10% |
| Promotion | Account Open Bonus $5 Deposit bonus $30,000 USDT BTC Deposit Bonus $5 Refer a friend campaign 30% USDC Festival in Spring Others… | 〇 |
| Security | High | High |
| Staking | 〇 | 〇 |
| Loss Cut | – | – |
| Mobile App | 〇 | 〇 |
| Live Chat Support | 〇 | 〇 |
| Withdraw Merthod | Crypto | Credit Card Crypto |
| Deposit Method | Bank Transfer P2P Debit/Credit card Ethereum | Credit Card Crypto |
| Demo Account | 〇 | 〇 |
| Minimum Deposit | $0 | |
| Minimum Trade | 0.001BTC | 0.0001BTC |
| MetaTrader 4 | 〇 | × |
| MetaTrader 5 | × | × |
| cTrader | × | × |
| Futures Trading | 〇 | 〇 |
| P2P Trading | 〇 | × |
| Spot Trading | 〇 | 〇 |
| Copy Trading | 〇 | 〇 |
| Auto Trading | 〇 | 〇 |
| VPS Hosting | 〇 | × |
| Social Trading | × | × |
| Trade Instruments | Spot, Futures, P2P, NFT | Spot, Futures, NFT |
Handling virtual currency
Bitget is completely more in terms of the number of virtual currencies handled. In the case of Bybit, there are only 150 types, so the number is very limited.
Maximum leverage
Bybit has a maximum leverage of 100x, allowing for fairly high leverage trading. On the other hand, Bitget is 125 times, so high leverage trading is possible.
trade tools
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. Bitget uses original trading tools.
campaigns, bonuses
Bybit is clearly better in terms of promotions and bonuses. Bybit also conducts campaigns irregularly, so there are many events throughout the year. There are Bitget campaigns, but compared to Bybit, the number and content are scarce.
transaction fee
Bybit is clearly cheaper for both taker and maker fees. Japanese virtual currency exchanges will have slightly higher fees.
NFT
Both Bitget and Bybit allow you to trade quite a few instruments. Both are always rich in brand types.
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.
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