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Crypto · head to head

Bitfinex vs Bybit

Bitfinex logo

Bitfinex

Crypto

Professional cryptocurrency trading platform

From
Free
Rated
-
Bybit logo

Bybit

Crypto

Where crypto traders come to win

From
Free
Rated
-

The short version

  • Each has a real cost: Bitfinex margin trading requires Intermediate account verification (2-3 working days); Bybit unavailable in US, Canada, and UK due to regulatory restrictions
  • They diverge on capability: Bitfinex covers Margin Trading, Bybit covers Perpetual Contracts.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Bitfinex and Bybit actually diverge.

Attributes where Bitfinex and Bybit differ
AttributeBitfinexBybit
PlatformsWeb, Ios, AndroidWeb, iOS, Android, Desktop
Founded20122018

Identical on both: starting price (Free), pricing model (Unknown), free tier (Yes), user rating (Not yet rated), category (Crypto).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Bitfinex

  • Margin Trading
  • Derivatives
  • Lending Marketplace
  • OTC Desk
  • UNUS SED LEO
  • Tether

Only in Bybit

  • Perpetual Contracts
  • Futures Trading
  • Copy Trading
  • Launchpad
  • Bybit Wallet
  • Bybit Card

Both cover

  • Spot Trading
  • Web support
  • Ios support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Bitfinex

  • Exchanges
  • Tradingnot Bybit
  • Professionalnot Bybit

Bybit

  • Exchanges
  • Derivativesnot Bitfinex
  • Futuresnot Bitfinex

Both are used for exchanges, on those jobs the choice comes down to price and fit rather than capability.

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Bitfinex

  • Margin trading requires Intermediate account verification (2-3 working days)
  • Automatic liquidation of positions if equity falls below maintenance margin
  • Leverage varies significantly by trading pair with no publicly uniform limit
  • Fiat deposit/withdrawal fees and minimums apply; crypto transfers free but network fees may apply

Bybit

  • Unavailable in US, Canada, and UK due to regulatory restrictions
  • Limited fiat currency deposit and withdrawal options compared to other major exchanges
  • Smaller selection of altcoins compared to Binance

Pricing, plan by plan

Bitfinex

Free

No published plan breakdown. See the Bitfinex review.

Bybit

Free
  • Spot Trading$0.1/percent maker/taker
    • 0.1% base fee
  • Futures Trading$0.02/percent maker
    • 0.02% maker / 0.055% taker

Which should you pick?

Choose Bitfinex if

  • You need margin trading.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want derivatives.

Choose Bybit if

  • You need perpetual contracts.
  • You want to start without paying.
  • You work on Web, iOS, Android, Desktop.
  • You also want futures trading.

Questions people ask

Is Bitfinex or Bybit better?
Neither clearly leads. Bitfinex starts at Free and Bybit at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Bitfinex or Bybit?
Bitfinex starts at Free and Bybit at Free.
Does Bitfinex or Bybit run on more platforms?
Bitfinex runs on Web, Ios, Android. Bybit runs on Web, iOS, Android, Desktop.
Can I use Bitfinex for free?
Both have a free tier, so you can try either at no cost before committing.
What is Bitfinex best used for?
Bitfinex is most often used for exchanges, trading, professional. Of those, trading and professional are not what Bybit is typically brought in for.
What can Bitfinex do that Bybit cannot?
Bitfinex covers Margin Trading, Derivatives, Lending Marketplace, OTC Desk. Bybit covers Perpetual Contracts, Futures Trading, Copy Trading, Launchpad. Both handle Spot Trading, Web support, Ios support, Android support.

Answered from the vendors’ own pages

Bitfinex: What are Bitfinex's current trading fees?

As of December 17, 2025, Bitfinex charges zero maker and taker fees for spot, margin, derivatives, securities, and OTC trading across all customers.

Source
Bybit: What trading products does Bybit offer?

Bybit offers spot trading, perpetual contracts (up to 125x leverage), futures with daily/monthly/quarterly contracts, and options on BTC, ETH, and SOL settled in USDC.

Source
Bitfinex: What deposit and withdrawal fees does Bitfinex charge?

Crypto and securities deposits are free. Fiat deposits via bank wire cost 0.100% (minimum $60 USD/Euro). Fiat withdrawals via bank wire cost 0.100% (minimum $100) or 1.000% for express (minimum $125).

Source
Bybit: What are Bybit's trading fees?

Spot trading fees start at 0.1% for both maker and taker. Futures fees are typically 0.02% maker and 0.055% taker, with discounts available for VIP tiers based on trading volume.

Source
Bitfinex: What is the maximum leverage available for margin trading?

Bitfinex offers up to 10x leverage on spot margin trading and up to 100x leverage on derivatives contracts. Leverage ratios vary by trading pair.

Source
Bybit: Where can I withdraw fiat from Bybit?

Bybit has limited fiat withdrawal options and is not available in the US, Canada, or the UK due to crypto regulations. Fiat withdrawals depend on your country of residence and banking partners.

Source
Bitfinex: What account verification is required for margin trading?

Margin trading requires Intermediate level verification or higher for accounts created after March 1, 2022. Older accounts may use Basic Plus verification.

Source
Bybit: Does Bybit support mobile trading?

Yes, Bybit offers a mobile app for iOS and Android with access to all trading features including spot, derivatives, and advanced order types.

Source
Bitfinex: What happens if my margin position falls below maintenance requirements?

If account equity falls below the minimum maintenance margin level, Bitfinex automatically liquidates positions. A margin call triggers when equity falls below 1.5x the minimum maintenance margin ratio.

Source
Bitfinex: Can I borrow funds for margin trading?

Yes, Bitfinex Borrow allows you to borrow cryptocurrency or stablecoins for margin trading. Borrowed funds accrue peer-to-peer interest rates that adjust based on market conditions.

Source
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