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Compare Bybit.com vs. Paxful.com

Pro:
  • Hundreds of supported cryptocurrencies
  • Multiple trading products and markets
  • High trading volume
  • Transparent company background
  • Fair commission rates
  • Passive income mechanisms
  • Frequent competitions with attractive prizes
  • Trade gift cards for BTC instantly
  • A wide variety of payment methods and currencies accepted, at least in theory
  • Easy to join and get going
Contra:
  • Poor customer service
  • KYC required for full usage
  • Many complaints towards Bybit's policies
  • Comparably limited amount of trading pairs
  • Unregulated service
  • Mixed reviews
  • Slow customer support
  • High commissions charged (by the seller) for buying Bitcoin with uncommon methods or in non-mainstream currencies
Company Location:
Company Location Singapore
Company Location USA
Customer Support:
Customer Support Live-chat, email
Customer Support 24/7 Live Chat, Support Forum, Instagram, Facebook, Twitter, Youtube, Reddit
Futures:
Futures Yes
Futures No
Derivates:
Derivates Yes
Derivates No
Margin Trading:
Margin Trading up to 100x
Margin Trading No
Has been hacked:
Has been hacked No
Has been hacked No
Security:
Security Strong
Security Excellent
Tradeable Coins:
Tradeable Coins BTC, ETH, BNB, CAKE, MATIC, ATOM, EOS, DOGE, SHIB, FIL, FTM, BAT, APE, 1INCH, SOL, ADA, MKR, DOT, XLM, SUSHI, XTZ, SAND, UNI, XRP, WAVES, ZEC, ZIL, YFI and many more
Tradeable Coins Bitcoin, Tether, Ethereum
Trading Volume:
Trading Volume High
Trading Volume Low
Deposit Fees:
Deposit Fees No
Deposit Fees No
Trading Fees:
Trading Fees 0% - 0.1%
Trading Fees 0.00%-1.00% (with gift cards up to 5%)
Withdrawal Fees:
Withdrawal Fees No (miner fee only)
Withdrawal Fees Yes
 
About Bybit.com:
About Bybit.com Bybit is among the absolute top crypto exchanges worldwide in terms of user numbers, trading volumes and professionalism. It counts as particularly trustworthy due to its transparency. One of Bybit’s exceptional features is that it additionally supports account funding with fiat money. Bybit is a cryptocurrency exchange platform for advanced trading, featuring crypto […] Read Bybit.com Review »
About Paxful.com:
Paxful.com – A P2P network for the “normal people” Paxful, the “Uber of Bitcoin”, was founded in the summer of 2015 by Ray Youssef and Artur Schaback. The company is based in 3422 Old Capitol Trail, Wilmington, Delaware. It became widely known in that same year after they helped sex workers to accept Bitcoin as […] Read Paxful.com Review »