Spin the wheel to earn up to $200 in rewards with Coinbase

  • Trade 200+ assets securely
  • Top up without fees with Interac e-Transfer
  • Instant sell & withdraw
  • Simple & secure onboarding flow

Whether you’re an experienced trader or a complete newbie, choosing a cryptocurrency exchange will affect how you trade digital assets. Let’s compare Bybit vs. Coinbase to see which platform will be more effective for your trading needs.

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Coinbase vs. Bybit: Comparison at a Glance

This table lists the key attributes of the two exchanges in today’s comparison and provides a brief overview of their characteristics.

Criteria
Bybit
Coinbase
Best For
Active and advanced trading
Simplified trading
Accessibility
Not ideal for beginners
Beginner-friendly
Compliance
Limited compliance in US and EU
FinCEN registered
Security
Cold storage, API access, and more
2FA, insurance, and more
Account setup
KYC required
Quick setup with KYC
Cryptocurrencies
300+ tokens, 300 trading pairs
200+ digital assets

The Factors That Set These Exchanges Apart

This review provides a quick summary of both the Coinbase and Bybit platforms and is great for identifying their unique features and attributes.

However, you should check out our Coinbase exchange review for more information where we delve deeper into the platform. Then compare it to the information we have on the Bybit exchange review so you can make an educated decision when selecting an exchange for your trading journey.

Coinbase Logo

Coinbase

Funding Methods Debit & Credit Bank, PayPal, ACH, Bank Transfer, e-Transfer
Cryptocurrencies 100+

Head-to-Head: Which Exchange Comes Out on Top?

This table details the factors that influence the Coinbase vs. Bybit battle. You should use it as a comparison guide to see which exchange suits your specific needs.

Features
Bybit
Coinbase
Established
2018
2012
Headquarters
Dubai, UAE
USA
Fees
0.1% maker/taker
0.05-0.60% maker, up to 0.40% taker
Mobile app
iOS and Android
iOS and Android
Beginner-friendly
No
Yes
Advanced trading options
Spot, margin, derivatives
Coinbase advanced
Wallet integration
Custodial wallet
Non-custodial wallet
Flagship features
Copy trading, trading view, more
Staking, rewards, crypto card
Buy/deposit methods
Crypto, P2P, debit/credit card
Bank transfer, debit/credit card, PayPal
Fiat trading
Yes
Yes
Gold and precious metals
No
No
Withdrawals
Crypto withdrawals
Bank transfers, crypto, PayPal
Staking and earning features
Yes
Staking available
Cusomer support
Ticket system, live chat, 24/7 help center
Phone support, bot chat, and more

Which Is Better, Bybit or Coinbase?

The better cryptocurrency between Bybit vs. Coinbase will ultimately depend on your needs, level of experience, and where you live.

Bybit operates globally, though it is unavailable in the U.S. It’s perfect for experienced traders seeking lower fees, advanced tools, and the option to trade margins and derivatives.

Coinbase is a great choice if you’re based in the U.S. and want a simple trading experience with various tokens. It’s perfect for beginners and people wanting to grow their digital asset knowledge.

FAQ


Bybit supports more tokens when including futures, leveraged tokens, and launchpad tokens.


Overall, Coinbase supports fewer tokens.


Its launchpad and launch pull features make it better for accessing emerging tokens.


Both exchanges are great for token variety. However, Coinbase is better for trading safer assets, while Bybit offers more tokens overall.


Not necessarily, trading volume is an indicator of overall activity in the market.

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About the Author

Evan Jones

Evan Jones was introduced to cryptocurrency by fellow CryptoVantage contributor Keegan Francis in 2017 and was immediately intrigued by the use cases of many Ethereum-based cryptos. He bought his first hardware wallet shortly thereafter. He has a keen and vested interest in cryptos involving decentralized backend exchanges, payment processing, and power-sharing.

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