[Bybit: Virtual currency, NFT] Bybit VS Coinbase virtual currency exchange comparison Which is better? Features and Ranking


Bybit is one of the world’s top cryptocurrency exchanges, while Coinbase is also one of the world’s top cryptocurrency exchanges. Coinbase is an exchange headquartered in San Francisco, USA, and is said to have over 68 million users. Which is better than Bybit?

Bybit company profile

The company profile of Bybit and the status of financial license acquisition are introduced in the following article. I hope you can use it as a reference.

What is Coinbase?

Coinbase is a virtual currency exchange that competes for the top in the world based in San Francisco, USA. This exchange is very popular with 68 million users worldwide. This exchange is expanding globally, and currently provides services to 100 countries, and is said to be the best in the world. It boasts momentum that surpasses Binance.

Country/region comparison of registered users

Japan is the most registered country for Bybit, followed by the United States. The feature is that there are many users in North America and East Asia as a whole. There are also registered users in South America, which may come as a surprise.

Source : ByBit Review 2023: Pros, Cons and Key Features (tradersunion.com)

Coinbase, on the other hand, is: Overall, America now accounts for 66%, and you can see that most of them are Americans. Other than that, there are many users in Canada and Mexico because it is close to the United States.

Source : Coinbase Review 2023: Pros, Cons and Key Features (tradersunion.com)

Global Cryptocurrency Exchange Ranking 2023

coinmarketcap.com ranks Coinbase as the 2nd highest, and Bybit ranks 5th.

Source : 取引高別仮想通貨取引所 | CoinMarketCap

Coinbase ranked 6th and Bybit ranked 8th on coinranking.com.

source : Crypto Exchanges Ranked by Trading Volume | Coinranking

Coinbase is ranked 3rd and Bybit is ranked 10th on cryptorank.io.

source : Сryptocurrency exchanges ranked by 24 trade adjusted volume | CryptoRank.io

Bybit VS Coinbase

HeadquarterUnited Arab EmiratesSan Francisco, USA
TypeCrypto exchangeBroker Exchange
Security LevelMediumHigh
Number of Cryptocurrencies150~150~
Maker Fee0.01%2.00%
Taker Fee0.06%2.00%
PromotionDeposit bonus $30,000$5 BTC bonus
Company Found20182012
Demo Account×
Minimum Deposit$0$0
Payment MethodBitcoin
Credit Card
Wire Transfer
Silvergate Bank Transfer
Western Union
Wire Transfer
MetaTrader 4×
MetaTrader 5××
Copy Trading×
Social Trading××
P2P Trading×
AI / Machine Learning×
Crypto Mining×
VPS Hosting×
Mobile App

Operating period

Coinbase has been in operation for a very long time and has more than 10 years of experience. Because of the stable management, it can be seen that the operation is more stable than Bybit.

trade tools

Bybit has introduced Tradingview, which is very popular among traders and is very easy to use and familiar to traders. Compared to this, Coinbase will feel a little difficult to use.


Bybit is definitely better for fees such as deposits and withdrawals. Since the fee is small, it is possible to reduce the burden.

Trading method

Bybit also supports copy trading and mining, so it supports a wide variety of trades and has a wide range of options. Bybit also allows demo trading.

Security measures

Due to the long operation period, Coinbase has very good security measures. In comparison, Bybit still has the impression of being loose.

Recommended by Bybit

Overall, I recommend Bybit. It is said to be very easy to use due to the abundance of trading tools and the variety of deposit and withdrawal methods. Also, it can be said that Bybit has an advantage in terms of fees.