Bybit vs Kraken
✓ You own the coin — withdrawable on-chain
Compare
| Bybit | Kraken | |
|---|---|---|
| Fees | 0.1% | 0.8% |
| Regulation | — | FCA ×2 |
| Max leverage | 10× | 5× |
| Assets listed | 600 | 200 |
| Incidents on record | 1 | 0 |
Fees
| Spot taker fee | 0.1% | Source · Verified 2026-08-25 |
|---|---|---|
| Card purchase | — | Source · Verified 2026-08-25 |
| Spot taker fee | 0.8% | Source · Verified 2026-08-25 |
|---|---|---|
| Card purchase | — | Source · Verified 2026-08-25 |
Regulation
No regulator on record for Bybit.
| Regulation | Scope | Source |
|---|---|---|
| FCA (GB) · 757895 Crypto Facilities Ltd (trading as Kraken MTF) | Licensed | Source · Verified 2026-08-25 |
| FCA (GB) · 928768 Payward Ltd (Kraken Digital Asset Exchange) | AML registration only — not investor protection | Source · Verified 2026-08-25 |
Incidents on record
- 2025-02-21 — Roughly USD 1.5bn in ETH stolen in a cold-wallet compromise — the largest exchange hack on record. Bybit covered customer balances and withdrawals stayed open. Source
Incidents on record
No material incidents on record.
Frequently asked questions
Is Bybit cheaper than Kraken?
0.1% against 0.8% on the headline figure. Deposit, withdrawal and spread costs sit on top and can reverse that for small trades.
Is Bybit safe?
Bybit has 1 documented incident(s): Roughly USD 1.5bn in ETH stolen in a cold-wallet compromise — the largest exchange hack on record. Bybit covered customer balances and withdrawals stayed open. Read the source before deciding.
Can I withdraw my coins from Bybit?
Yes. Bybit is an exchange — the asset is yours and moves to a wallet you control.
Which suits a beginner better?
Whichever is licensed where you live and lets you withdraw the asset. Leverage and daily financing are what turn a beginner's position into a loss.
Read the full comparison
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Crypto is volatile and largely unregulated. CFDs are leveraged and most retail accounts lose money. Never risk money you cannot afford to lose.
Information only. This is not investment advice.