Bybit vs Bitget: Which Crypto Exchange Fits Your Trading Style?

So you’ve decided to switch exchanges; your last one wasn’t hitting as hard. You’ve gone around the block, read a few Reddit posts, ignored your cousin’s unsolicited advice about “just sticking to Coinbase,” and now you’ve narrowed it down to two options, a showdown of Bybit vs Bitget, and you don’t really know which is the best option. 

Both exchanges are a popular choice for investors looking to get out of the Binance/Coinbase bubble. Fear not, because you are not alone. User activity in both household crypto exchanges has been on a steady decline, while “alternative” exchanges have seen an increase in users. 

The reason why someone would choose to leave that bubble may vary. But most of the time, users are looking for platforms with lower fees, more token diversity, high leverage… that sort of thing. 

So, in this article, we’re cutting through the noise. We’ll break down what Bybit and Bitget actually offer, how they differ, and whether either one is worth your time.

Bitget vs Bybit

When comparing Bitget vs Bybit, both platforms stand out for features that cater to different styles of traders. 

Both exchanges were founded in 2018, and oddly, both are from Seychelles. However, since then, Bybit has moved its HQ to Dubai, securing a more formal regulatory license in the UAE, Cyprus, and Austria.  

This, from the get-go, already gives us an important insight into how these two platforms are regulated. While Bitget continues operating from Seychelles, and although it’s expanding globally, including pushing for MiCA compliance in Europe, its regulatory status is still catching up to ByBit’s more established regulatory brand.

Score Up to $30,050 on Bybit – Just for Trading

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Score Up to $30,050 on Bybit – Just for Trading

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Should You Pick ByBit or BitGet?

Before we get into the nooks and crannies of each platform, let me emphasize that both exchanges offer a wide range of services that can cover the overwhelming majority of crypto traders.

With that said, their core strengths appeal to different types of traders. BitGet is often seen as an easy, beginner-friendly platform where new-time crypto traders can learn a lot about the market while actively performing trades.

This exchange also excels in copy-trading enthusiasts, as they can replicate proven strategies without the hassle of technical analysis. In fact, BitGet is often seen as the “go-to” exchange for copy traders worldwide. 

Meanwhile, ByBit caters to a different type of audience. While this platform isn’t by any means difficult to use, and it also offers copy-trading features and learning resources — its core appeal lies in active, strategy-driven trading. 

For traders who like to dive deep into market analysis and strategies, ByBit offers one of the best trading UIs in the market. Bybit includes strategy alerts, automated bots, and AI assistance, while also allowing investors to completely customize their interfaces for their needs.

Let’s Talk About Leverage

Some people like to paraglide, some like to squeeze through caves to get to explore… who knows? And then there are some who watch their highly-leveraged position tippy-toe just above the liquidation zone.

All jokes aside, leverage is part of the game, and traders who use the best risk management strategies may benefit greatly from using it wisely.

Both Bitget and Bybit offer high-leverage trading options, with Bitget going up to 125x and Bybit offering up to 100x, depending on the asset. But the real advantage comes down to the tools that help manage risk:

• Bybit allows traders to fine-tune their leverage per position, set conditional orders, and use features like take-profit/stop-loss during entry. Its dual-price mechanism even reduces the chance of unfair liquidations during high volatility.

• Bitget, meanwhile, provides detailed margin ratios, multi-layer liquidation warnings, and copy trading strategies that already factor leverage into the risk profile, helping less experienced users avoid overexposure.

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Bitget vs Bybit Fees

Both exchanges offer a competitive fee structure, but they differ slightly depending on the type of trading.

Spot Trading

BitGet and Bybit both offer a 0.1% fee for makers and takers. Bitget offers a 20% discount for users paying with its native token $BGB — while Bybit has a tiered VIP program that can lower fees up to 0.015% for makers and 0.005% for takers.

Futures Trading

Bitget charges 0.02% for makers and 0.06% for takers. Bybit starts at 0.01% for makers and 0.06% for takers. Both platforms offer VIP tiers that reduce fees significantly. Bitget’s top-tier VIPs can trade with 0% maker and 0.03% taker fees, while Bybit’s Pro 6 users enjoy 0% maker and 0.018% taker fees.

Token Discounts

Bybit offers up to 15% off in fees for $BIT token users, while Bitget gives a flat 20% discount on spot trading fees for $BGB users.

High-Volume Discounts

Bybit edges the competition for high-volume traders by offering stronger discounts for high-volume traders, especially for futures takers.

KYC Requirement

Both exchanges require KYC for full access, as it has become the norm for exchanges looking to establish their platforms in regulated markets. The walls are closing on no-KYC platforms, and the wild west of CEXs is coming to a close… After all, they are centralized for a reason.

So, if your question is “Can I use Bitget without KYC?” The answer is a resounding no. And the same goes for ByBit.

Bitget vs Bybit Reddit

Reddit has become one of the most organic metrics for online quality, as there are millions of anons out there sharing their real experiences with real-life services and products.

Bitget

Redditors praise BitGet’s variety of payment options, copy trading features, and easy and accessible UI. Meanwhile, some complain of getting their accounts frozen despite being level 1 KYC, while others have complained about withdrawal delays.

Bybit

Most people on Reddit say good things about Bybit. Redditors typically like the fast-paced UI, ability to support trades, high liquidity, and response time. With that said, a lot of users also complain about the platform’s lengthy KYC process, while some also had bad things to say about its customer support.

A recurring question online that comes up for both exchanges is from American traders looking to use either BitGet or ByBit. Questions like “Does Bybit work in the USA?” or “Can I use BitGet in America?” pop up often on Reddit. 

The short answer for both is that neither ByBit nor BitGet operates in the U.S. due to regulatory compliance. This is the norm as of July 2025, but the scenario could change in the future.

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Frequently Asked Questions

1. Why is Bybit illegal in the US?

Bybit doesn’t meet US crypto regulations, so it blocks American users to avoid legal penalties.

2. Why is Bybit so popular?

Bybit offers advanced trading, copy trading, low fees, and supports over 60 million global users.

3. Is Bitget a good exchange?

Yes, Bitget is secure, feature-rich, and ideal for copy trading, futures, and pro-level tools.

4. Can Americans use Bitget?

No, Bitget restricts US users due to compliance rules; VPNs won’t bypass this safely.