OKXBybit
Comparing OKX and Bybit — fees, supported coins, and security track record.
- Maker/Taker fee
- 0.08% / 0.1%
- Coins
- Checking
- Countries
- Checking
- Founded
- 2013
- Daily volume
- Checking
- Security incidents
- None known
Score breakdown
Fees4.1/5
Average maker/taker fee: 0.090% (lower fees score higher, scaled against 0.5%).
Security track record5.0/5
No publicly documented history of a major hack or breach.
Coins supported2.5/5
Number of supported coins not yet verified.
Trading liquidity2.5/5
Daily trading volume not yet verified.
Pros
- One of the longest continuous operating histories in the industry, dating back to 2013
- Consistently ranked among the top handful of exchanges globally by trading volume
- Regained full U.S. market access in 2025 after resolving past regulatory issues
- Backed by a major 2026 institutional investment from Intercontinental Exchange (ICE)
Cons
- Jurisdiction and oversight history is unusually fragmented — the exchange has operated out of Beijing, Hong Kong, and now the U.S. at different points, which makes it harder to pin down exactly who regulates it day to day
- Past U.S. Department of Justice settlement is a real historical mark, even though resolved
- Exact number of supported coins and countries isn't independently confirmable from public sources
⚠ Note:Bybit is not available to customers in the United States. It received a Crypto-Asset Service Provider (CASP) authorization under the EU's MiCA framework in May 2025 — a current, positive regulatory status — but also has a real history worth knowing: it exited the UK market in 2021 following an FCA restriction, and settled a $228 million lawsuit from the FTX bankruptcy estate in October 2024 over withdrawal-practice allegations dating to FTX's 2022 collapse.
- Maker/Taker fee
- 0.1% / 0.1%
- Coins
- Checking
- Countries
- Checking
- Founded
- 2018
- Daily volume
- Checking
- Security incidents
- Yes
Score breakdown
Fees4.0/5
Average maker/taker fee: 0.100% (lower fees score higher, scaled against 0.5%).
Security track record0.0/5
Has a publicly documented history of a major hack or breach of user funds.
Coins supported2.5/5
Number of supported coins not yet verified.
Trading liquidity2.5/5
Daily trading volume not yet verified.
Pros
- Publicly recognized as one of the largest exchanges globally by spot trading volume, and especially large in derivatives
- Authorized as a Crypto-Asset Service Provider under the EU's MiCA framework as of May 2025
- Fully replenished stolen funds within 72 hours of its 2025 hack via emergency bridge funding — no user ultimately lost money
Cons
- Suffered the largest crypto exchange hack on record in February 2025 — roughly $1.4-1.5 billion stolen — a serious fact for any security-conscious user regardless of the fast recovery
- Not available to customers in the United States
- Incorporated in the British Virgin Islands, a lighter-touch jurisdiction, alongside its operational base in Dubai
- Past regulatory friction includes a 2021 UK market exit and a settled 2024 lawsuit from the FTX bankruptcy estate
Summary
- OKX has lower average maker/taker fees (0.08%/0.1%) than Bybit (0.1%/0.1%).
- OKX has been operating longer — founded in 2013.
- OKX has no documented major hack, while Bybit does — see each review for details.