Bybit vs OKX

Bybit and OKX are both centralized exchanges built around spot trading, futures and options. They cover much of the same ground, but Bybit lists more coins on spot and futures alongside a large set of tokenized stocks, while OKX offers higher maximum leverage and adds prediction markets.

Bybit vs OKX

Category	BBybit9/10	OOKX7.8/10
Overview
CryptoWinRate score	9/10 (higher)	7.8/10
Founded	2018	2017
Headquarters	Dubai	Seychelles
Founder	Ben Zhou	Star Xu
CEO	Ben Zhou	Star Xu
KYC	Required	Required
MiCA licence	No	No
EU platform	Via Bybit EU	Via OKX EU
Availability
Available in your country	—	—
Restricted countries	42 countries	49 countries
Deposits and withdrawals
Deposit methods	18 methods	8 methods
Withdrawal methods	6 methods	9 methods
24-hour withdrawal limitKYC 0	$20,000	< $10,000
24-hour withdrawal limitKYC 1	$1,000,000	> $10,000
24-hour withdrawal limitKYC 2	$2,000,000	$1,000,000
24-hour withdrawal limitKYC 3	—	Upto 500 BTC
Trading fees
Spot maker fee	0.1% (lower)	0.2%
Spot taker fee	0.1% (lower)	0.35%
Futures maker fee	0.02%	0.02%
Futures taker fee	0.055%	0.05% (lower)
Options feesmaker/taker	0.02% / 0.03% (lower)	0.03% / 0.03%
Coins and markets
Spot assetscrypto	380 (higher)	299
Futures contractscrypto	711 (higher)	514
Options assets	8 (higher)	4
Stocks	548	—
ETFs	18	—
FX pairs	65	—
Indices	20	—
Commodities	22	—
Leverage and margin
Max leverage	100×	125×
Spot margin	10×	—
Features
Spot	Yes	Yes
Futures	Yes	Yes
Options	Yes	Yes
Prediction Markets	No	Yes
P2P	Yes	Yes
Demo Trading	Yes	Yes
Copy Trading	Yes	Yes
Trading Bots	Yes	No
Loans	Yes	No
Lending	Yes	No
Staking	Yes	Yes
Debit card	Yes	No
Security
Proof of reserves	YesAttestation ↗	YesAttestation ↗
Cold storage	Yes	Yes
Two-factor authentication	Yes	Yes
Withdrawal address whitelist	Yes	Yes
Anti-phishing passphrase	Yes	Yes
Reported hacks	YesSource ↗	YesSource ↗
Sign-up bonus
Bonus	$30,000	100 USDT
Fee discount	—	10%
	Visit Bybit ↗Read review →	Visit OKX ↗Read review →

Availability in your country is checked live against each exchange's restricted-country list.

Who should choose Bybit

Bybit suits a trader who wants breadth. It carries more spot coins at 380 and more futures coins at 577, with 711 futures markets and 8 options coins. It also lists 548 tokenized stocks, which OKX does not offer, plus lending, loans, a debit card and trading bots. Spot fees are flat at 0.1% maker and 0.1% taker. KYC is required. Customers in the EU sign up with Bybit EU, a separate platform holding a MiCA licence.

Who should choose OKX

OKX fits a trader focused on leveraged futures who wants lower running costs. It reaches 125x maximum leverage against Bybit’s 100x, and its spot maker fee of 0.2% and taker fee of 0.35% sit differently from Bybit’s flat rate; its futures taker fee of 0.05% undercuts Bybit’s 0.055%. It offers fewer spot coins at 299 and no tokenized stocks, but adds prediction markets. KYC is required.

Verdict

Pick Bybit if you want the widest range of coins, tokenized stocks and extras like lending and loans. Pick OKX if you trade futures with high leverage, want cheaper futures taker fees, or want prediction markets.