Bitpanda vs Bybit

Bitpanda and Bybit are both centralized exchanges where you can buy and sell crypto. The main difference is scope: Bitpanda holds a MiCA licence and keeps things simple with spot buying, staking and tokenized stocks, while Bybit adds futures, options, margin and other advanced tools. Their fees sit far apart too.

Bitpanda vs Bybit

Category	BBitpanda6.4/10	BBybit9/10
Overview
CryptoWinRate score	6.4/10	9/10 (higher)
Founded	2014	2018
Headquarters	Vienna	Dubai
Founder	Christian Trummer	Ben Zhou
CEO	Eric Demuth	Ben Zhou
KYC	Required	Required
MiCA licence	Yes	No
EU platform	—	Via Bybit EU
Regulator	Austrian Financial Market Authority (FMA)	—
Availability
Available in your country	—	—
Restricted countries	157 countries	42 countries
Deposits and withdrawals
Deposit methods	11 methods	18 methods
Withdrawal methods	3 methods	6 methods
24-hour withdrawal limitKYC 0	—	$20,000
24-hour withdrawal limitKYC 1	€5,000,000	$1,000,000
24-hour withdrawal limitKYC 2	—	$2,000,000
Trading fees
Spot maker fee	1.49%	0.1% (lower)
Spot taker fee	1.49%	0.1% (lower)
EU spot feesmaker/taker	1.49% / 1.49%	—
Futures maker fee	—	0.02%
Futures taker fee	—	0.055%
Options feesmaker/taker	—	0.02% / 0.03%
Coins and markets
Spot assetscrypto	575 (higher)	380
EU coins	575	—
Futures contractscrypto	—	711
Options assets	—	8
Stocks	7,758 (higher)	548
ETFs	2,638 (higher)	18
FX pairs	—	65
Indices	7	20 (higher)
Commodities	149 (higher)	22
Leverage and margin
Max leverage	—	100×
Spot margin	10×	10×
Features
Spot	Yes	Yes
Futures	No	Yes
Options	No	Yes
P2P	No	Yes
Demo Trading	No	Yes
Copy Trading	No	Yes
Trading Bots	No	Yes
Loans	No	Yes
Lending	No	Yes
Staking	Yes	Yes
Debit card	Yes	Yes
Security
Proof of reserves	No	YesAttestation ↗
Cold storage	Yes	Yes
Two-factor authentication	Yes	Yes
Withdrawal address whitelist	Yes	Yes
Anti-phishing passphrase	Yes	Yes
Reported hacks	—	YesSource ↗
Sign-up bonus
Bonus	100€	$30,000
	Visit Bitpanda ↗Read review →	Visit Bybit ↗Read review →

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

Who should choose Bitpanda

Bitpanda suits people who want a straightforward place to buy crypto and hold it, without derivatives or leverage. It holds a MiCA licence, which matters if you want an EU-regulated home for your account. It also lists a large range of tokenized stocks (7,758) alongside its 575 spot coins, and offers staking and a debit card. The trade-off is cost: both its maker and taker fee are 1.49%, noticeably higher than Bybit’s spot rate. Identity verification is required.

Who should choose Bybit

Bybit fits active and advanced traders. Its spot fees are 0.1% maker and 0.1% taker, far below Bitpanda’s, and it opens up futures, options, margin, lending, loans, copy trading, trading bots and a demo mode. You get 711 futures markets, options on 8 coins, and leverage up to 100x. It does not hold a MiCA licence; customers in the EU sign up through Bybit EU, a separate platform with a MiCA licence. Identity verification is required.

Verdict

Pick Bitpanda if you want a simple, EU-regulated place to buy, stake and hold crypto or tokenized stocks. Pick Bybit if you want low spot fees and access to futures, options, leverage and other active-trading tools.