Bybit
Kraken
VS
Higher Rated
Kraken
Capital at risk · T&Cs apply
In this "Bybit vs Kraken" broker comparison, we delve into the unique offerings of these two prominent cryptocurrency exchanges. Bybit, with its focus on derivatives trading, appeals to traders seeking high leverage options and a clean, intuitive platform, making it especially attractive for experienced crypto enthusiasts. In contrast, Kraken, one of the oldest exchanges, stands out for its strong regulatory compliance and robust fiat on/off ramps, making it a preferred choice for traders prioritising security and a wide range of fiat options. While Bybit offers up to 100x leverage, Kraken provides a more modest leverage of up to 5x, catering to those who value regulatory oversight and a comprehensive trading environment.
Bybit
Kraken
| Bybit | Kraken | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.4/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0.1 pips ✓ | 0.2 pips |
| Max Leverage | 1:100 ✓ | 1:5 |
| Regulation | FSA | FCA, CFTC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 3.4/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Bybit offers lower spreads (0.1 pips).
See full side-by-side comparison belowBybit
Kraken
Bybit
Lower feesKraken
Bybit
3.0/5
Choose Bybit if you want…
Kraken
3.4/5
Choose Kraken if you want…
Kraken scores higher overall on our independent rating system. Bybit holds a 3.0/5 rating vs Kraken's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Bybit offers spreads from 0.1 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
Bybit requires a minimum deposit of $0. Kraken requires $0.
Bybit is regulated by FSA, while Kraken holds licences from FCA, CFTC.
Bybit supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.