OKX vs Bybit: Discover Who We Crowned King! đź‘‘

okx vs bybit image
Jack Moreau
Nov 2023
4 min to read
Faits vérifiés

Introduction: Are you trying to decide between OKX vs Bybit but not sure which exchange to use? Worry not, we have compare OKX and Bybit across a number of categories like product range, KYC requirements, trading fees and much more to help you pick the best one!

OKX

+350 cryptos & 100X Leverage

Spot, Margin, Perps, Options

0.8% spot trading fee

Great UX & Easy To Use

Visit OKX
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
Bybit

+450 Cryptocurrencies

Spot, Perps, Margin, Bots

0.1% Spot Fees & 100X Leverage

Great Design & UX

Visiter Bybit
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.

OKX vs Bybit : Vue d'ensemble

OKX
Bybit
Uphold
Founded
2017
2017
2013
Enregistré
Hong Kong
Singapour
London
Pays N/A
US, CA
US, CA, UK, CH, SG
DE, NL, RU, TR, IN
Utilisateurs
20M
20M
10M
Cryptos
+350
+450
+300
Frais de dossier
0.08%
0.1%
0.9-1.2%
KYC requis
Yes
Yes
Yes
Meilleur pour
NĂ©gociation au comptant et Ă  terme
Le meilleur pour les traders
Beginner Crypto Investors
Evaluation
S'inscrire
OKX
Your Capital is at risk.
Bybit
Your Capital is at risk.
Uphold
Your Capital is at risk

Founded in 2017 by Star Xu, OKX has risen to become a prominent name in the cryptocurrency exchange landscape.

Registered in Seychelles and operating out of its headquarters in Hong Kong, OKX has built a strong team of over 1000 employees spread globally.

Bourse OKX
Bourse OKX

OKX is a multifaceted exchange that offers a variety of trading services, including spot, margin, perps (perpetual swaps), futures, and options trading.

But it's not just about trading. OKX stands out with a host of other services such as trading bots, demo & copy trading, and earn products.

OKX propose également une large gamme de plus de 350 crypto-monnaies différentes, y compris des noms bien connus tels que Bitcoin, Ethereum, Solana et Cosmos, ainsi que des noms plus récents tels que SUI, Optimism et Arbitrum.

This wide range of services and user-focused features has helped it build a significant presence in around 180 countries, although it's not currently available in the United States, UK, and Canada.

With an impressive 20 million users from across the globe, OKX has also made inroads into the mobile space with over 1 million app downloads.

Application OKX
Application OKX

Bybit on the other hand was founded in 2018 by Ben Zhou and has quickly grown into a dynamic cryptocurrency derivatives exchange.

Registered as Bybit Fintech Limited in the British Virgin Islands and headquartered in Singapore, the company has quickly expanded its operations with a team of over 1000 employees.

Bourse Bybit
Bourse Bybit

Ses offres vont des contrats perpétuels et des contrats à terme aux contrats inversés, répondant à diverses préférences de trading. De plus, elle offre un effet de levier impressionnant allant jusqu'à 100x sur plusieurs cryptocurrencies, y compris le Bitcoin et l'Ethereum.

A defining aspect of Bybit is its focus on user experience. The platform has invested in a high-speed matching engine, ensuring minimal downtime and slippage for its users.

This has resulted in a seamless and reliable trading environment that's appreciated by its extensive user base.

Speaking of its user base, Bybit's reach is truly global extending to over 200 countries. Although service is restricted in a few regions such as the US, the UK, Singapore, Quebec, and Ontario, it has successfully amassed a solid user base of over 10 million, with a strong foothold in Europe and Asia.

Au-delà de sa plateforme de bureau, Bybit est également disponible pour les plateformes iOS et Android, où il a été téléchargé plus de 5 millions de fois et a reçu une note impressionnante de 4,2 étoiles sur plus de 60 000 avis.

Application Bybit
Application Bybit

OKX vs Bybit : Inscription et KYC

Prêt à commencer à échanger des crypto-monnaies sur OKX ou Bybit ? Voici ce que vous devez savoir sur le processus d'inscription et de vérification.

Signing up for OKX is quick and easy and only takes a few minutes. KYC is not required by OKX and users can access certain features without it.

OKX niveau 1 KYC
OKX niveau 1 KYC

For those that want to access the full range of features offered by OKX, the basic Level 1 verification process takes minutes and level 2 verification can a little longer.

Both level 1 and level 2 KYC on OKX requires users to provide personal information (level 1) and a valid government ID in Level 2.

Bybit's sign-up process is also straightforward and like OKX, users can begin trading without KYC verification. For users that want to access more products and services on Bybit, they will have to pass KYC.

Bybit signup process
Bybit signup process

The KYC verification process on Bybit takes about 10 minutes to complete in the best of cases but can take up to 48 hours in some cases.

Similar to OKX, Bybit also offers different tiers of KYC where depending on how much information that users are willing to provide, they get access to more features.

Bybit KYC
Bybit KYC verification

Basic KYC on Bybit provides access to higher withdrawal amounts while Lv1 and Lv2 KYC which requires a valid ID gives access to additional trading products.

OKX vs Bybit : Produits et services

OKX est une bourse de crypto-monnaies complète qui offre à ses utilisateurs une gamme impressionnante de services. Ceux-ci vont de différents types de produits de trading tels que le spot trading, les futures, les perps (swaps perpétuels), les marges et les options.

OKX spot trading
OKX spot trading

In terms of liquidity, OKX exchange frequently records an impressive average daily spot trading volume, which ranges between $500 million and $1 billion.

OKX Cryptocurrencies
OKX Cryptocurrencies

This not only indicates the platform's popularity but also ensures a smoother trading experience with fewer price slippages.

En ce qui concerne l'effet de levier, OKX offre un effet de levier pouvant aller jusqu'à 100 fois pour les opérations sur contrats à terme et 5 fois pour les opérations sur marge, ce qui permet aux traders de bénéficier d'une plus grande exposition et d'un potentiel de rendement plus élevé, mais avec un risque plus important.

OKX propose également une suite de robots de trading qui aident les utilisateurs à automatiser les stratégies de trading, offrant ainsi aux traders un avantage sur les marchés cryptographiques actuels, rapides et volatils.

OKX copy trading
OKX copy trading

OKX aide également les utilisateurs à explorer les possibilités de génération de revenus passifs grâce au staking, qui leur permet de gagner des récompenses en participant aux opérations d'un réseau.

OKX gagne sur le bitcoin
OKX Savings

Les services de prêt et d'emprunt de la plateforme, qui facilitent les transactions de pair à pair et s'inscrivent dans la tendance croissante de la finance décentralisée (DeFi), constituent une autre caractéristique notable.

OKX gagne des produits
OKX gagne des produits

L'offre d'OKX s'étend même à l'espace en vogue des jetons non fongibles (NFT), avec une place de marché dédiée à l'achat et à la vente de ces actifs numériques uniques.

OKX NFTs
OKX NFTs

What makes OKX particularly user-friendly is its modern, easy-to-navigate interface, which, despite the wide array of products and services, ensures a seamless and enjoyable user experience.

It is designed to accommodate both novice and experienced traders, making it a favourite among many in the cryptocurrency community.

In just five years, Bybit has remarkably grown its user base and product offerings emerging as a major player in the crypto exchange world.

Bybit Product Offering
Bybit Product Offering

It's primarily targeted at retail users and professional traders, offering a diverse range of services. Despite the wide range of these offerings, Bybit stands out for its user-friendly interface which is straightforward enough for beginners to navigate.

The core service of Bybit is spot trading with support for a solid selection of over 450 cryptocurrencies.

Bybit Spot Trading
Bybit Spot Trading

This includes a wide array of major coins like BTC, ETH and SOL and a generous assortment of more obscure and hard to find altcoins.

Bybit Crypto Markets
Bybit Crypto Markets

For traders interested in leveraged trading, Bybit offers up to 10X leverage in margin trading. This is ideal for those looking to either long or short assets.

Bybit Margin Trading
Bybit Margin Trading

Additionally, Bybit has a unique offering of leveraged tokens where users can take up to 2X leverage on 30 cryptocurrencies, with the added benefit of no liquidation risk.

Bybit Leveraged Tokens
Bybit Leveraged Tokens

Bybit also caters to automated trading enthusiasts with a variety of trading bots. These bots support strategies like futures grid, futures martingale, spot grid, and DCA.

Bybit Trading Bots
Bybit Trading Bots

Users can also access a range of pre-built strategies with historical track records, and engage in copy trading to emulate the moves of professional traders.

Bybit Copy Trading
Bybit Copy Trading

The platform is strong in the futures trading sector where users can access over 180 perpetual contracts with up to 100X leverage.

Bybit Perpetual Trading
Bybit Perpetual Trading

Its product range includes USDT perpetuals, inverse perpetual & futures, USDC perpetual & futures, and USDC Options.

Bybit Perpetual Products
Bybit Perpetual Products

Options traders have access to European-style cash-settled options priced in USDC. Bybit also provides flexibility in margin trading, offering both isolated and cross margin options.

Bybit Derivatives
Bybit Derivatives

Bybit’s market presence is significant with a top 10 for spot trading volumes with over $1 billion in 24 hour volume, and top 5 for derivatives trading with over $7 billion.

Bybit Trading Volumes
Bybit Trading Volumes

For those new to trading or looking to try new strategies, Bybit supports demo trading. This feature allows users to practice without financial risk.

On the financial side of things, users looking to earn on their digital assets can explore various options like lending, borrowing, liquidity mining, dual asset, and more, earning interest on cryptocurrencies including BTC, ETH, USDT, and USDC.

Bybit Earn
Bybit Earn

A unique offering from Bybit is its Master Card which bridges the gap between digital and real-world spending, offering up to 10% cashback.

Bybit Mastercard
Bybit Mastercard

The recent addition of NFTs with support for Ethereum, Polygon, Solana and BNB Chain also adds another layer to its services.

NFT Bybit
NFT Bybit

Bybit also runs a launchpad for early-stage projects, where users can invest in new tokens by committing MNT or USDT tokens. Finally, for large-scale traders, Bybit offers an OTC desk for transactions up to $10 million.

Bybit OTC Desk
Bybit OTC Desk

Overall, Bybit presents a comprehensive, robust, and user-friendly platform, catering to a wide range of trading preferences and needs in the cryptocurrency market.

OKX
Bybit
Uphold
Commerce au comptant
Yes
Yes
Yes
Futures
Yes
Yes
-
Perpètes
Yes
Yes
-
Marge
Yes
Yes
-
Options
Yes
Yes
-
Desk OTC
-
Yes
-
Copy Trading
Yes
Yes
-
Bots de trading
Yes
Yes
-
Staking
Yes
Yes
Yes
PrĂŞter et emprunter
Yes
Yes
-
NFTs
Yes
Yes
-
Portefeuille Web 3
Yes
Yes
-
Carte de débit
-
Yes
-
S'inscrire
OKX
Your Capital is at risk.
Bybit
Your Capital is at risk.
Uphold
Your Capital is at risk

OKX Fees vs Bybit Fees

OKX and Bybit offer some of the most competitive trading fees in the industry. For spot trading, OKX offers a maker fee of 0.8% and a taker fee of 0.1% while Bybit offers 0.1% for both makers and takers.

OKX spot fees
OKX spot fee

When it comes to futures trading, once again OKX and Bybit are evenly matched. OKX charges a futures maker fee of 0.02% and a taker fee of 0.05%, while Bybit charges a slightly lower maker fee of 0.01% and a slightly higher taker fee of 0.06%.

Bybit spot fees
Bybit spot fees

Besides both OKX and Bybit offering very competitive fees for both spot and futures trading, they also both offer discounts to high volume traders. Users who trade over $1 million during a 30-day period will see their fees reduced on both OKX and Bybit.

OKX
Bybit
Uphold
Spot (mkr)
0.08%
0.10%
0.9-1.2%
Spot (tkr)
0.10%
0.10%
0.9-1.2%
Futures (mkr)
0.02%
0.01%
-
Futures (tkr)
0.05%
0.06%
-
S'inscrire
OKX
Your Capital is at risk.
Bybit
Your Capital is at risk.
Uphold
Your Capital is at risk

OKX vs Bybit : Méthodes de dépôt

Si vous envisagez d'utiliser OKX, sachez qu'il ne prend pas en charge les dépôts en monnaie fiduciaire. Cependant, vous pouvez toujours acheter de la crypto-monnaie en utilisant une carte de crédit/débit ou un fournisseur de paiement tiers, ce qui entraîne normalement des frais de 1 à 2 %.

OKX buy crypto with credit card
OKX buy crypto with credit card

Bybit, on the other hand, supports deposits in ten different fiat currencies, including USD, EUR, GBP, RUB, MXN, BRL, ARS, and TRY. Bank transfers such as SEPA and FPS are also accepted, with an $8 deposit fee via Wire Transfer and free bank transfers for other fiat currencies.

Bybit fiat deposit options
Bybit fiat deposit options

If you prefer using credit/debit cards, Bybit offers that option, too. But be aware that there is a 3.8% deposit fee for Visa and Mastercard purchases.

So, which exchange should you choose? It depends on your preferences. If you're keen to buy crypto with fiat, Bybit might be the better choice, as it offers a broader range of options.

If you're more comfortable buying crypto with a credit/debit card, OKX could work for you, as long as you're comfortable with the 1-2% fee.

OKX
Bybit
Uphold
USD
-
Virement bancaire, Visa/MC
ACH, Wire, Debit/Credit Card
EUR
-
Virement bancaire, SEPA
SEPA
GBP
-
Faster Payments, VIsa/MC
Faster Payments (FSP)
S'inscrire
OKX
Your Capital is at risk.
Bybit
Your Capital is at risk.
Uphold
Your Capital is at risk

OKX vs Bybit : MĂ©thodes de retrait

Si vous tradez sur OKX ou Bybit, il est important de comprendre les options de retrait de fiats dont vous disposez.

While Bybit supports ten fiat withdrawal options such as USD, EUR, GBP, BRL, RUB and TRY, OKX does not offer any fiat withdrawal options at all. If you need to withdraw fiat currency, you'll have to use a different platform.

Bybit fiat withdrawal fees
Bybit fiat withdrawal fees

For those using Bybit, it's worth noting that bank withdrawals are free for BRL and TRY, which is great news for traders in Brazil and Turkey.

However, the USD Wire Transfer fee is a bit steep at $25. Users on Bybit can also withdraw their EUR and GBP via SEPA and Faster Payments (FSP) for small commissions under 0.2%.

OKX
Bybit
Uphold
USD
-
Virement bancaire, Visa/MC
ACH, Wire, Debit/Credit Card
EUR
-
Virement bancaire, SEPA
SEPA
GBP
-
Faster Payments, VIsa/MC
Faster Payments (FSP)
S'inscrire
OKX
Your Capital is at risk.
Bybit
Your Capital is at risk.
Uphold
Your Capital is at risk
OKX
Bybit
Uphold
Bitcoin
0.0002 BTC
0.0002 BTC
$2.99
Ethereum
0.0014 ETH
0.0006 ETH
$2.99
Solana
0.008 SOL
0.01 SOL
$2.99
USDT (ERC-20)
3,8 USDT
3,7 USDT
$2.99
S'inscrire
OKX
Your Capital is at risk.
Bybit
Your Capital is at risk.
Uphold
Your Capital is at risk

OKX est-il meilleur que Bybit ?

Needless to say, we are very big fans of both OKX and Bybit as they are seriously impressive exchanges with a wide range of products and services and incredibly low trading fees. In this case, we rather not pick a winner as we use and love both exchanges!

‍

Vous devriez opter pour OKX si :

  • Vous souhaitez avoir accès Ă  plus de 350 crypto-monnaies
  • Vous ne voulez pas avoir accès Ă  une commission de nĂ©gociation au comptant très faible de 0,8 %.
  • Vous voulez avoir accès Ă  une large gamme de produits sans KYC
    ‍

Vous devriez opter pour Bybit si :

  • Vous souhaitez accĂ©der Ă  plus de 250 crypto-monnaies
  • Vous souhaitez avoir accès Ă  une large gamme de produits sans KYC
  • Vous voulez dĂ©gĂ©nĂ©rer avec un effet de levier maximal de 100 fois.
OKX

+350 cryptos & 100X Leverage

Spot, Margin, Perps, Options

0.8% spot trading fee

Great UX & Easy To Use

Visit OKX
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
Bybit

+450 Cryptocurrencies

Spot, Perps, Margin, Bots

0.1% Spot Fees & 100X Leverage

Great Design & UX

Visiter Bybit
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
Auteur
Jack Moreau
Jack est un écrivain et un critique de crypto-monnaie qui a été actif dans l'espace depuis qu'il a attrapé le bug de la crypto-monnaie en 2017. Avec une passion pour l'essai de nouvelles choses brillantes, Jack est toujours désireux d'essayer les derniers échanges de crypto-monnaies, portefeuilles ou applications DeFi.

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