Choosing between OKX and Bybit for your cryptocurrency trading needs can be challenging. This detailed comparison will help you decide which platform aligns best with your goals in 2025.
Key Differences Between OKX and Bybit
Here’s a quick overview of how these exchanges stack up:
| Feature | Bybit | OKX |
|---|---|---|
| Website | Bybit | OKX |
| Founded | 2018 | 2016 |
| Spot Trading | 600+ cryptocurrencies | 360+ cryptocurrencies |
| Trading Fees | Maker: -0.005%–0.080% Taker: 0.020%–0.1% | Maker: 0%–0.1% Taker: 0.02%–0.1% |
| KYC Required | Yes | Yes |
| Deposit/Withdrawal | Bank transfers, cards, Apple Pay | Card purchases, bank transfers |
👉 Explore OKX’s low fees
👉 Check Bybit’s leverage options
Services Offered
OKX Services
- Spot Trading: 350+ cryptocurrencies.
- Derivatives: Futures, perpetual swaps, options (up to 100x leverage).
- Web3 & DeFi: NFT trading, DeFi integrations.
- Earn Products: Staking, savings, launchpools.
- Fiat Support: 100+ local currencies.
- Regulation: MiCA-licensed in the EU.
Bybit Services
- Spot Trading: 800+ cryptocurrencies.
- Derivatives: Up to 125x leverage.
- Earn Products: Staking, savings.
- Bybit Card: Crypto-backed debit card.
- Islamic Account: Sharia-compliant trading.
Pros and Cons
OKX
Pros:
- Lower fees.
- Strong DeFi/Web3 focus.
- MiCA-regulated.
Cons:
- Limited U.S./U.K. availability.
- Fewer cryptocurrencies than Bybit.
Bybit
Pros:
- Higher leverage (125x).
- User-friendly interface.
- Islamic account option.
Cons:
- Past security breaches.
- Higher fees for VIP tiers.
Fees and Security
Fee Comparison
- OKX: Spot (0.08% maker, 0.10% taker), Futures (0.02% maker, 0.05% taker).
- Bybit: Spot (0.10% maker/taker), Futures (0.02% maker, 0.055% taker).
Security
- OKX: Cold storage, no major breaches.
- Bybit: Cold wallets, but suffered a $1.5B hack in 2025.
Which One Should You Choose?
- For Low Fees & Regulation: OKX.
- For High Leverage & Trading Tools: Bybit.
FAQ
1. Is OKX safer than Bybit?
OKX has a cleaner security record, but both use cold storage and 2FA.
2. Which has lower fees?
OKX generally offers lower trading fees.
3. Can U.S. users access OKX?
No, OKX restricts U.S. users, while Bybit allows limited access.
4. Does Bybit support staking?
Yes, via Bybit Earn products.
5. Which is better for beginners?
Bybit’s demo trading and simpler interface are beginner-friendly.
6. What’s OKX’s unique advantage?
MiCA compliance and DeFi integrations.
Final Verdict: Your choice depends on priorities—OKX for security and regulation, Bybit for leverage and tools.