Bybitvs
DerivCrypto Exchange Comparison
This matchup pits a native crypto exchange with broad coin coverage against a CFD-focused platform with low entry costs. The tension revolves around security, asset depth, and pricing.
Our Verdict
Bybit winsClear Winner
Bybit wins overall due to top-tier derivatives liquidity and published proof of reserves, while Deriv lacks PoR.
Bybit
4.3/5
Deriv
3.4/5
Key Differences
- 1Bybit offers 500+ coins while Deriv has 5 crypto CFDs.
- 2Bybit publishes monthly proofs of reserves and is VARA-regulated.
- 3Deriv keeps client funds segregated across regulated entities.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
Recommended
Bybit wins for security due to proof of reserves and VARA regulation.
Best for low fees
Recommended
Bybit offers potential savings via maker rebates on linear perpetuals.
Bybit vs Deriv: Side-by-Side Crypto Exchange Comparison
| Criteria |  Bybit |  Deriv |
|---|---|---|
| Editorial score | 4.3/ 5 | 3.4/ 5 |
| Min Deposit | No minimum▼ lower | $5 |
| Spreads From | N/A | 0.5 pips |
| Taker Fee | 0.10% | N/A |
Bybit vs Deriv Crypto Exchange Pros & Cons
Pros
- Top-3 derivatives liquidity (BTC/ETH perps)
- VARA-regulated (Dubai)
- Monthly Proof of Reserves published
- Full-featured copy trading with complete performance data
- Maker rebates on linear perpetuals
- No deposit fees
Bybit vs Deriv: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
7
Bybit
criteria wins
1
Deriv
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | Bybit | Deriv |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Fail |
| Features | ||
| Staking available | Pass | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Pass | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Fail |
Bybit vs Deriv: Frequently Asked Questions
Bybit rates 4.3/5 versus 3.4/5 for Deriv. Bybit edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
Deriv lists a spread from 0.5. Current spread data is not available for Bybit. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Bybit has no minimum deposit, while Deriv requires at least $5. This makes Bybit more accessible for traders looking to start with a smaller crypto investment.
Bybit is regulated by VARA, MiCA. Deriv is regulated by LFSA, FSC BVI. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, Bybit has no minimum deposit, removing the capital barrier entirely. Both exchanges otherwise share similar beginner-facing criteria in our data. Also compare demo account availability and educational resources on each exchanges's site.
Bybit offers up to 100:1 on perpetual or margin products, versus Deriv's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Bybit charges $0.1 per trade on commission-based accounts. Commission details for Deriv are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Bybit supports Bybit, while Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade. Bybit has exclusive access to Bybit. Deriv has exclusive access to MetaTrader 5 and Proprietary Web/Mobile and DXtrade.
Bybit scores higher on security criteria, with cold storage and proof of reserves. For crypto, cold storage and proof of reserves are key indicators that client assets are protected against exchange failure or hacks.
Bybit scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
Bybit offers staking while Deriv does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check Bybit's supported coins, lock-up terms, and estimated yields before committing.
Bybit lists 500+ coins while Deriv does not meet this threshold in our data. For traders who want access to many altcoins, Bybit has the broader selection. Confirm specific coin availability for your region on each exchange's website.
In our data: Bybit supports NFT trading. DeFi and NFT features vary between platforms. Check each exchange's current Web3 integrations and supported chains before making a decision.
