United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CyprusBybit vs Kraken
What each one charges, who licenses it, and how they rank against each other country by country.
The short version
We rank both for crypto in 8 countries, and Kraken comes out ahead in every one of them.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
On the one fee we could check for both, Bybit is cheaper.
Both hold top-tier (tier-1) licences: Bybit from FMA (Austria), Kraken from CBI, CSA and FCA.
- Bybit is cheaper for crypto trades (standard taker fee): 0.1%, compared with 0.8% at Kraken.Edge: Bybit
- We list Bybit in 8 of the 14 countries we cover and Kraken in 11. They overlap in 8.Edge: Kraken
- Kraken gets more search attention than Bybit (Market Signal 73 vs 69). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Crypto exchanges
| Country | Bybit | Kraken |
|---|---|---|
| Austria | #6 of 2171/100Locally licensed Bybit EU GmbH · FMA (Austria) | #4 of 2176/100EU passport Payward Europe Solutions Limited · CBI |
| Croatia | #6 of 1971/100EU passport Bybit EU GmbH · FMA (Austria) | #4 of 1976/100EU passport Payward Europe Solutions Limited · CBI |
| Cyprus | #6 of 1971/100EU passport Bybit EU GmbH · FMA (Austria) | #4 of 1976/100EU passport Payward Europe Solutions Limited · CBI |
| Germany | #6 of 2171/100EU passport Bybit EU GmbH · FMA (Austria) | #4 of 2176/100EU passport Payward Europe Solutions Limited · CBI |
| Italy | #6 of 1971/100EU passport Bybit EU GmbH · FMA (Austria) | #4 of 1976/100EU passport Payward Europe Solutions Limited · CBI |
| Netherlands | #6 of 1971/100EU passport Bybit EU GmbH · FMA (Austria) | #4 of 1976/100EU passport Payward Europe Solutions Limited · CBI |
| Portugal | #6 of 1971/100EU passport Bybit EU GmbH · FMA (Austria) | #4 of 1976/100EU passport Payward Europe Solutions Limited · CBI |
| Spain | #6 of 1971/100EU passport Bybit EU GmbH · FMA (Austria) | #4 of 1976/100EU passport Payward Europe Solutions Limited · CBI |
| Australia | Not listed | #3 of 774/100Foreign licence Bit Trade Pty Limited · AUSTRAC |
| Canada | Not listed | #3 of 676/100Locally licensed Payward Canada Inc. · CSA |
| United Kingdom | Not listed | #2 of 576/100Locally licensed Payward Ltd · FCA |
Fees and features side by side
| Bybit | Kraken | |
|---|---|---|
| Products | Crypto, Futures | Crypto, Futures |
| Owner | Not verified yet | Payward, Inc. |
| Crypto trading fee | 0.1%, base-tier taker fee on the order book | 0.8%, base-tier taker fee on the order book |
| Inactivity fee | Not verified yet | None |
| Withdrawal fee | €5.50, SEPA withdrawal: €5.50 + 0.08% | Not verified yet |
| Minimum deposit | Not verified yet | €1 (Payward Europe Solutions Limited) |
| Instruments | Not verified yet | Not verified yet |
| Platforms | Bybit app | Kraken app, Kraken Pro, Kraken Desktop |
| Deposit methods | SEPA, FPS, Visa, Mastercard | Debit/credit card, Apple Pay, Google Pay, ACH transfer |
| Withdrawal time (stated) | SEPA: 1–3 business days | most arrive within 24 hours |
| Demo account | Yes | Not verified yet |
| Support | live chat · 24/7 | live chat, email · 24/7 |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (Bybit, Kraken).
Licences
Bybit vs Kraken: common questions
Which is better, Bybit or Kraken?
We rank both for crypto in 8 countries, and Kraken comes out ahead in every one of them. For reference, Bybit's best ranking is #6 of 21 crypto exchanges in Germany, and Kraken's best ranking is #2 of 5 crypto exchanges in the United Kingdom.
Is Bybit cheaper than Kraken?
Bybit is cheaper for crypto trades (standard taker fee): 0.1%, compared with 0.8% at Kraken.
Is Bybit or Kraken better regulated?
Both hold top-tier (tier-1) licences: Bybit from FMA (Austria), Kraken from CBI, CSA and FCA. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both Bybit and Kraken where I live?
We list Bybit in 8 of the 14 countries we cover and Kraken in 11. They overlap in 8. For crypto, you'll find both on our lists in Austria, Croatia, Cyprus, Germany, Italy, Netherlands, Portugal and Spain.