Bybit vs Kraken

Detailed comparison of Bybit and Kraken - fees, features, security, and more to help you choose the right exchange.

Overview Comparison

Metric Bybit Kraken
Rating 4.4/5 4.6/5
Trust Score 9/10 10/10
Maker Fee 0.1% 0.16%
Taker Fee 0.1% 0.26%
Supported Coins 300+ 200+
Founded 2018 2011
Headquarters Dubai, UAE San Francisco, USA
Exchange Type centralized centralized

Features

Feature Bybit Kraken
Spot Trading
Futures Trading
Margin Trading
Staking
NFT Marketplace
Debit Card
P2P Trading

Security

Security Feature Bybit Kraken
Two-Factor Auth
Cold Storage
Insurance Fund
Regulated In Dubai, Cyprus, Kazakhstan USA, UK, EU +3
B

Bybit Pros & Cons

Pros

  • Excellent for derivatives trading
  • Low fees (0.1% spot)
  • Up to 100x leverage on futures
  • Copy trading feature

Cons

  • Not available in US
  • Newer exchange (less track record)
  • Can be complex for beginners
K

Kraken Pros & Cons

Pros

  • One of the oldest and most trusted exchanges
  • Excellent security track record
  • Competitive fees for active traders
  • Supports margin and futures trading

Cons

  • Interface less intuitive than competitors
  • Limited payment options in US
  • No debit card offering

Our Verdict

Kraken edges out Bybit with a higher overall rating (4.6 vs 4.4).

Quick Summary

Lower Fees Bybit
More Coins Bybit
Higher Rating Kraken
Trust Score Kraken