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, LINE BITMAX 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 LINE BITMAX?
LINE BITMAX is a virtual currency exchange provided by LINE, a popular Japanese calling app. It is also linked with LINE Pay, and it is very popular because you can deposit investment funds from LINE Pay without having to pay from your bank account. It is popular because it can be easily traded with a smartphone.
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 LINE BITMAX
| Bybit | LINE BITMAX | |
| Company | Bybit Fintech Limited | LINE Xenesis, Ltd. |
| Headquarters | UAE | Japan |
| Found | 2018 | 2019 |
| Max Leverage | 100 | 2 |
| Cryptocurrencies | 150～ | 7 |
| Native Token | BIT | – |
| Maker Fee | 0.01% | 0.01% |
| Taker Fee | 0.06% | 0.05% |
| Promotion | Account Open Bonus $5 Deposit bonus $30,000 USDT BTC Deposit Bonus $5 Refer a friend campaign 30% USDC Festival in Spring Others… | Exchange release campaign Let’s get started campaign |
| Security | High | High |
| Staking | 〇 | 〇 |
| Loss Cut | – | – |
| Mobile App | 〇 | 〇 |
| Live Chat Support | 〇 | × |
| Withdraw Merthod | Crypto | Bank Transfer LINE Pay |
| Deposit Method | Bank Transfer P2P Debit/Credit card Ethereum | Bank Transfer LINE Pay |
| Demo Account | 〇 | × |
| Minimum Deposit | $0 | |
| Minimum Trade | 0.001BTC | 0.001BTC |
| MetaTrader 4 | 〇 | × |
| MetaTrader 5 | × | × |
| cTrader | × | × |
| Leverage Trading | 〇 | × |
| P2P Trading | 〇 | × |
| Spot Trading | 〇 | 〇 |
| Copy Trading | 〇 | × |
| Auto Trading | 〇 | × |
| VPS Hosting | 〇 | × |
| Social Trading | × | × |
| Trade Instruments | Spot, Futures, P2P, NFT | Spot |
Handling virtual currency
Bybit is completely more in terms of the number of virtual currencies handled. In the case of LINE BITMAX, there are only 7 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, LINE BITMAX is not very attractive because it only doubles.
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. LINE BITMAX 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 is a LINE BITMAX campaign, but the acquisition conditions are strict and the amount you receive is small, so I do not recommend it at all.
transaction fee
Bybit is clearly cheaper for both taker and maker fees. Japanese virtual currency exchanges will have slightly higher fees.
NFT
In principle, LINE BITMAX only allows physical transactions, but Bybit recently started handling NFTs, so there is a wide variety of stocks.
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.
コメント