When it comes to choosing the right cryptocurrency exchange, understanding the differences between platforms like Bithumb and Bybit is crucial. Both offer unique advantages depending on your trading goals, location, and experience level. This comprehensive comparison dives into key aspects such as fees, usability, security, supported assets, and global availability—helping you make an informed decision in 2025.
Whether you're a beginner exploring digital asset trading or an advanced user seeking high-leverage derivatives, this guide breaks down everything you need to know about Bithumb vs Bybit.
Head-to-Head Overview: Bybit vs Bithumb
To provide a clear and objective analysis, we’ve evaluated both exchanges across multiple critical categories. The results show that Bybit scores higher overall (8.0) compared to Bithumb (6.0) in terms of features, user experience, and global accessibility.
| Category | Bybit | Bithumb |
|---|---|---|
| Overall Score | 8.0 | 6.0 |
| Best For | Advanced traders, derivatives | Korean market, spot trading |
| Headquarters | United Arab Emirates | South Korea |
| Founded | 2018 | 2013 |
| Active Users | ~61.72 million | ~8 million |
| Supported Cryptos | 350+ | 170+ |
| Fiat Currencies | USD, EUR, and more | USD, EUR, GBP, +33 others |
| Trading Fees (Taker) | Up to 0.1% | 0.15% |
| Withdrawal Fee (BTC) | 0.0001 BTC | 0.15% |
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Feature Comparison: What Sets Them Apart?
User Experience & Interface
Bybit stands out with a clean, intuitive interface designed for both novice and experienced traders. Its mobile app offers real-time market data, one-click trading, and customizable dashboards. In contrast, Bithumb, while functional, has a more traditional layout that may feel less dynamic to users accustomed to modern UIs.
For those prioritizing ease of use, Bybit provides a smoother onboarding process and faster navigation between spot and derivatives markets.
Supported Assets & Trading Pairs
One of the most important factors in choosing an exchange is the variety of available cryptocurrencies.
- Bybit supports over 350 digital assets, including major coins like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and emerging tokens such as ARB.
- Bithumb offers around 170 cryptocurrencies, which is solid but more limited in scope.
Both platforms support popular fiat currencies like USD and EUR, but Bithumb supports over 33 fiat options, making it more accessible for international remittances—especially in Asia.
Security Measures
Security is non-negotiable in crypto trading.
- Bybit uses cold storage for 98% of funds, multi-signature wallets, and two-factor authentication (2FA). It also maintains a transparent Proof of Reserves system.
- Bithumb has faced security challenges in the past, notably a hacking incident in 2017, though it has since strengthened its protocols with enhanced KYC and monitoring systems.
While both platforms emphasize security, Bybit’s proactive approach gives it an edge in trust and reliability.
Customer Support
User feedback indicates that Bybit offers more responsive customer service, available 24/7 via live chat and email. Bithumb provides support primarily in Korean and English, but response times can be slower during peak periods.
Fees & Value for Money
Transaction costs can significantly impact long-term profitability.
Trading Fees
- Bybit: Taker fees start at up to 0.1%, with maker fees often lower or zero depending on promotions.
- Bithumb: Charges a flat 0.15% taker fee, slightly higher than Bybit’s rate.
High-volume traders will find Bybit more cost-effective due to its competitive fee structure and volume-based discounts.
Withdrawal Fees
- Bybit: Fixed BTC withdrawal fee of 0.0001 BTC, predictable and low.
- Bithumb: Charges 0.15% per withdrawal, which can add up for larger transactions.
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Global Reach & Accessibility
Operating Regions
- Bybit operates in over 150 countries, including Turkey, Russia, Argentina, Vietnam, and Ukraine—though it complies with regional regulations and may restrict certain services.
- Bithumb is strongest in South Korea and Thailand, with growing presence across Asia but limited reach elsewhere.
This makes Bybit the better choice for international users, especially those outside Asia looking for broad market access.
Regulatory Compliance
Bithumb adheres strictly to South Korean financial regulations, requiring thorough identity verification (KYC), which some users find slow. Bybit follows international compliance standards but offers faster account setup while maintaining regulatory alignment.
Advanced Features: Derivatives & Tools
Leverage & Derivatives Trading
A major differentiator is derivatives support:
- Bybit excels here, offering up to 100x leverage on futures contracts—a favorite among experienced traders.
- Bithumb focuses more on spot trading and offers limited leverage options.
If you're interested in futures, margin trading, or perpetual contracts, Bybit is clearly superior.
Additional Tools
- Bybit includes advanced charting tools (TradingView integration), copy trading, social trading features, and a launchpad for new token offerings.
- Bithumb provides basic analysis tools and allows users to send cross-border payments through its network—an interesting feature for remittance use cases.
Frequently Asked Questions (FAQ)
Is Bybit safer than Bithumb?
Yes, Bybit generally ranks higher in security due to its robust infrastructure, regular audits, and history of no major breaches. While Bithumb improved after its 2017 hack, Bybit's preventive measures give it a stronger reputation.
Which exchange is better for beginners?
For absolute beginners, Bithumb’s straightforward interface may seem easier initially. However, Bybit offers extensive educational resources, demo accounts, and responsive support—making it more beginner-friendly in the long run.
Can I trade fiat on both platforms?
Yes. Both support fiat deposits and withdrawals in multiple currencies. Bithumb supports a wider range of local fiat options, particularly beneficial in Asian markets.
Do they offer mobile apps?
Yes. Both exchanges have iOS and Android apps with real-time trading capabilities. Bybit’s app receives higher ratings for performance and feature richness.
Are there any hidden fees?
Neither platform hides fees. All charges—including trading, withdrawal, and deposit—are clearly listed. Always review the fee schedule before transacting.
Which one has better liquidity?
Bybit has significantly higher liquidity due to its larger user base (~61 million vs ~8 million). Higher liquidity means tighter spreads and faster order execution.
Final Verdict: Bybit or Bithumb?
After analyzing core metrics like fees, usability, security, supported assets, and global access:
✅ Bybit emerges as the stronger choice overall, especially for active traders seeking low fees, high leverage, advanced tools, and international access.
🟡 Bithumb remains a solid option for users in South Korea and Southeast Asia, particularly those focused on spot trading and local fiat integration.
Ultimately, your choice should align with your goals:
- Want advanced trading? Choose Bybit.
- Prefer local market access in Korea? Consider Bithumb.
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