WhichBrokerHead to head · data verified August 2026
Kraken vs Bybit
Kraken wins our overall scoring by 0.6 points, but Bybit still takes specific profiles.
Pillar scores
Side by side
| Criterion | Kraken | Bybit |
|---|---|---|
| Overall score | 8.8 | 8.2 |
| Founded | 2011 | 2018 |
| Regulation | US state licenses, FCA (UK, registered), MiCA (EU) | VARA (Dubai), licensing varies by region |
| Min. deposit | $1 equivalent | $1 equivalent |
| Fees | Kraken Pro: 0.16%/0.26% maker/taker, dropping with volume; instant-buy pricier | Spot 0.1%; perpetuals 0.02%/0.055% maker/taker; volume discounts |
| Platforms | Kraken web & app, Kraken Pro, Kraken API | Bybit web & app, Bybit API, TradingView integration |
| Markets | 200+ cryptocurrencies, margin, futures (where permitted), staking | 1,100+ spot pairs, perpetuals, options, copy trading, earn |
| Demo account | No | Yes |
| Best for | Security-conscious holders, US & EU users | Crypto derivatives traders, Copy trading in crypto |
Our verdict
Choose Kraken if you want security-conscious holders · us & eu users — its standout pillar in our scoring is trust & regulation.
Choose Bybit if you want crypto derivatives traders · copy trading in crypto.
Frequently asked questions
Which is better, Kraken or Bybit?
Kraken scores higher overall in our methodology (8.8 vs 8.2). Bybit can still be the better pick for crypto derivatives traders.
Is Kraken safe?
Kraken is overseen by US state licenses, FCA (UK, registered), MiCA (EU). Our trust score for it is 9.5/10 — see the full Kraken review for the reasoning.
Is Bybit safe?
Bybit is overseen by VARA (Dubai), licensing varies by region. Our trust score for it is 7.2/10 — see the full Bybit review for the reasoning.