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Cryptocurrency & Blockchain · head to head

Bybit vs MetaMask

Bybit logo

Bybit

Cryptocurrency & Blockchain

Where crypto traders come to win

From
Free
Rated
-
MetaMask logo

MetaMask

Cryptocurrency & Blockchain

The crypto wallet for DeFi, Web3 dApps and NFTs

From
Free
Rated
-

The short version

  • Each has a real cost: Bybit unavailable in US, Canada, and UK due to regulatory restrictions; MetaMask metaMask's source code is publicly viewable on GitHub but is covered by a proprietary ConsenSys license that prohibits redistribution, modification, merging, or reverse engineering; it is not open source
  • They diverge on capability: Bybit covers Perpetual Contracts, MetaMask covers Wallet Management.

Where they differ

Only the attributes on which Bybit and MetaMask actually diverge.

Attributes where Bybit and MetaMask differ
AttributeBybitMetaMask
Pricing modelUnknownfree
PlatformsWeb, iOS, Android, DesktopWeb, Ios, Android, Chrome, Firefox
Founded20182016

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain).

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 Bybit

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

Only in MetaMask

  • Wallet Management
  • Token Swaps
  • Bridge
  • dApp Browser
  • Portfolio View
  • Ethereum
  • EVM chains
  • Hardware wallets

Both cover

  • Web support
  • Ios support
  • Android support

What people use each for

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

Bybit

  • Exchangesnot MetaMask
  • Derivativesnot MetaMask
  • Futuresnot MetaMask

MetaMask

  • Walletsnot Bybit
  • Web3not Bybit
  • Browser Extensionnot Bybit

Where each one falls short

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

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

MetaMask

  • MetaMask's source code is publicly viewable on GitHub but is covered by a proprietary ConsenSys license that prohibits redistribution, modification, merging, or reverse engineering; it is not open source

Pricing, plan by plan

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

MetaMask

Free
  • FreeFree
    • Wallet
    • Swaps
    • Bridge

Which should you pick?

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.

Choose MetaMask if

  • You need wallet management.
  • You want to start without paying.
  • You work on Web, Ios, Android, Chrome, Firefox.
  • You also want token swaps.

Questions people ask

Is Bybit or MetaMask better?
Neither clearly leads. Bybit starts at Free and MetaMask at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Bybit or MetaMask?
Bybit starts at Free and MetaMask at Free.
Does Bybit or MetaMask run on more platforms?
Bybit runs on Web, iOS, Android, Desktop. MetaMask runs on Web, Ios, Android, Chrome, Firefox.
Can I use Bybit for free?
Both have a free tier, so you can try either at no cost before committing.
What is Bybit best used for?
Bybit is most often used for exchanges, derivatives, futures. Of those, exchanges and derivatives are not what MetaMask is typically brought in for.
What can Bybit do that MetaMask cannot?
Bybit covers Perpetual Contracts, Futures Trading, Spot Trading, Copy Trading. MetaMask covers Wallet Management, Token Swaps, Bridge, dApp Browser. Both handle Web support, Ios support, Android support.

Answered from the vendors’ own pages

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
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
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
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

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