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, Coincheck 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 Coincheck?
Coincheck is a simple and easy-to-use virtual currency exchange with very good operability. This exchange has the largest number of users in Japan, with over 1 million accounts opened. Coincheck started a virtual currency reserve service in 2018 and offers many services.
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 Coincheck
|Deposit bonus $30,000 USDT
|Live Chat Support
Convenience store payment
Handling virtual currency
Bybit is completely more in terms of the number of virtual currencies handled. In the case of CoinCheck, there are only 19 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. CoinCheck doesn’t have many promotions, so much less than Bybit.
Bybit is clearly cheaper for both taker and maker fees. Japanese virtual currency exchanges will have slightly higher fees.
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.