Kraken vs Bybit

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

Overview Comparison

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

Features

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

Security

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

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