In This article evaluates the Top Bybit Alternatives for Professional Traders, identifying exchanges characterized by sophisticated functionalities, robust liquidity, and fee structures that enhance profitability.
Elite traders consistently prioritize platforms that exhibit superior security protocols, an extensive array of cryptocurrency pairs, and substantial leveraged instruments. We will analyze the principal contenders that either complement or exceed the offerings provided by Bybit, ensuring a comparable or superior trading infrastructure.
Key Points & Best Bybit Alternative Exchange For Pro Traders List
| Exchange | Key Point |
|---|---|
| Binance | World’s largest crypto exchange by trading volume, offering spot, futures, and a wide range of tokens. |
| OKX | Known for derivatives trading with advanced features and competitive fees. |
| Kraken | US-regulated exchange with strong security and fiat on/off ramp support. |
| KuCoin | Popular for altcoin trading, with wide token listings and margin/futures options. |
| Gate.io | Offers one of the largest selections of cryptocurrencies and futures markets. |
| BitMEX | Pioneer in crypto derivatives with up to 100x leverage trading. |
| Deribit | Leading platform for Bitcoin and Ethereum options trading. |
| Phemex | Zero-fee spot trading model and robust futures market. |
| PrimeXBT | Multi-asset margin trading with crypto, forex, indices, and commodities. |
| MEXC | Known for listing new tokens quickly and offering deep liquidity. |
| BitMart | Global exchange with wide token availability and simple interface. |
| Bitfinex | Advanced trading features with deep liquidity and margin options. |
| Delta Exchange | Specializes in crypto options and futures with innovative contracts. |
| Poloniex | One of the oldest exchanges, offering spot and margin trading. |
| eToro | Social trading platform combining crypto with stocks and ETFs. |
| Gemini | Regulated US exchange with institutional-grade security. |
| Coinbase Pro | Advanced version of Coinbase with lower fees and better trading tools. |
| Crypto.com | Offers exchange, DeFi wallet, Visa card, and crypto staking. |
| Uphold | Supports crypto, stocks, and metals with instant trading features. |
| Deepcoin | Derivatives-focused exchange with perpetual contracts and low fees. |
20 Best Bybit Alternative Exchange For Pro Traders
1.Binance
Founded in 2017, Binance has since established itself as the leading Binance alternative targeted specifically at professional traders, primarily owing to its extensive geographic footprint and all-encompassing trading architecture.
With support for more than 350 digital assets, the exchange guarantees substantial depth of liquidity across spot, margin, and futures instruments. Its tiered fee schedule, with a base of 0.1% for both makers and takers—further diminished for users who pay with BNB—effectively addresses the needs of frequent, high-volume users.
Binance also supplies a full suite of sophisticated trading functionalities, including standard and fixed-margin options, perpetual futures contracts at elevated leverage, and robust risk-control tools.
Operating in over one hundred jurisdictions, the exchange guarantees a uniform experience for users from diverse legal environments.
Its blend of stringent security protocols, cutting-edge financial products, and transparent fee advantages positions Binance as the consummate venue for professional traders seeking both maximum efficiency and comprehensive service.
| Pros | Cons |
|---|---|
| Largest exchange by trading volume with deep liquidity | Regulatory restrictions in several countries |
| Supports 350+ cryptocurrencies | Complex interface for beginners |
| Competitive fees (0.1% maker/taker, discounts via BNB) | Occasional system overloads during peak volatility |
| Advanced futures and margin trading up to 125x | Not available in the US via Binance.com |
| Strong global presence in 100+ countries | KYC mandatory for full features |
2.OKX
OKX, launched in 2017, ranks prominently among tier-one Bybit alternatives, particularly for sophisticated market participants. The exchange combines deep liquidity, cutting-edge features, and low execution costs in a single environment. Supporting more than 300 digital assets, OKX emphasises derivatives markets, featuring futures, perpetual swaps, and options.
Trading fees commence at a competitive 0.08% for takers and 0.02% for makers on futures, with tiered reductions available for substantial monthly volumes and OKB token utilization.
The platform is available in 180-plus jurisdictions and delivers professional-grade analytical tools, copy trading, and sophisticated risk-management overlays. Security, institutional-grade connectivity, and comprehensive global banking relationships reinforce OKX’s reputation, securing its standing among institutional and discretionary traders alike.
| Pros | Cons |
|---|---|
| Supports 300+ cryptocurrencies with strong derivatives focus | Limited fiat support compared to others |
| Futures, perpetual swaps, and options trading | Some features restricted in certain jurisdictions |
| Competitive fees (0.02% maker, 0.08% taker) | Not licensed in the US |
| Advanced charting and copy trading tools | Complex fee tiers may confuse new users |
| Global coverage in 180+ countries | Fewer fiat pairs than Coinbase/Kraken |
3.Kraken
Founded in 2011, Kraken is a leading Bybit alternative for professional traders, distinguished by its regulatory credentials, worldwide reach, and sophisticated trading functionalities. With a catalogue exceeding 220 cryptocurrencies, the exchange provides spot, margin, and futures markets, offering leverage levels of up to 50x.
Its clear and tiered fee schedule initiates at 0.16% for maker orders and 0.26% for taker orders, with progressive fee reductions for elevated trading volumes, rendering the platform economically viable for institutional clients and active amateurs alike.
Kraken remains available in over 190 jurisdictions, harmonising broad accessibility with rigorous adherence to United States and European regulatory requirements. Supported by tier 1 security and a suite of institutional-grade resources, Kraken pairs reliability with the configurability professional users require from a trading venue.
| Pros | Cons |
|---|---|
| Established in 2011 with strong regulatory compliance | Higher trading fees than some competitors |
| Supports 220+ cryptocurrencies | Fewer derivatives products than Bybit or Binance |
| Transparent fees (0.16% maker, 0.26% taker) | Limited leverage (up to 50x) |
| Strong security and reliability | Not as many new tokens as KuCoin or Gate.io |
| Available in 190+ countries | Interface less modern compared to Binance/OKX |
4.KuCoin
Launched in 2017, KuCoin has matured into a leading Bybit alternative for professional traders, driven by broad asset coverage and customizable trading settings. With a catalog exceeding 700 cryptocurrencies, the platform delivers parity for both well-capitalized majors and rapidly developing altcoins. A transparent fee schedule begins at 0.1% for maker and taker transactions, while KCS-based and volume-dependent rebates further enhance trading cost efficiency.
KuCoin’s ecosystem supports perpetual contracts at leverage levels reaching 100x, margin pairs, and algorithmic trading bots, permitting a spectrum of tactical deployments. The exchange operates across more than 200 jurisdictions, distinguished by euphoric pricing depth, robust counterparty safeguards, and a pipeline of formal upgrades—attributes that collectively curate a resilient environment for the experienced trader.
| Pros | Cons |
|---|---|
| Huge altcoin selection (700+ cryptocurrencies) | Regulatory uncertainty in the US and UK |
| Futures with up to 100x leverage | Security breaches in past raised concerns |
| Competitive fees (0.1% maker/taker, discounts via KCS) | Customer support can be slow |
| Innovative features like bots and lending | Some liquidity gaps in low-cap altcoins |
| Accessible in 200+ countries | Limited fiat support |
5.Gate.io
Launched in 2013, Gate.io has emerged as a leading alternative to Bybit, tailored specifically for professional cryptocurrency traders. The platform’s catalogue contains more than 1,700 digitised assets, each exhibiting high liquidity across both spot and derivatives arenas.
Transaction costs commence at a nominal 0.2% for both makers and takers, while traders benefitting from tiered fee reductions may further lower costs through either GT token participation or meeting volume thresholds.
Beyond obligatory spot trading, experienced operators may engage in sophisticated futures and options positions, deploying up to 100x leverage, and may also exploit hallmark capabilities such as copy trading and quantitative strategy execution.
Gate.io’s services extend to more than 200 jurisdictions, reinforced by comprehensive security protocols and a suite of advanced trading interfaces, thereby establishing itself as a resilient, multifunctional venue for the professional trading community.
| Pros | Cons |
|---|---|
| Extensive crypto listings (1,700+ tokens) | Interface can feel overwhelming |
| Futures with up to 100x leverage | Higher base trading fees (0.2%) |
| Advanced features like copy trading | No strong fiat integration |
| Strong global reach in 200+ countries | Not available in some major markets like the US |
| High liquidity in altcoins | Verification process can be lengthy |
6.BitMEX
Established in 2014, BitMEX is frequently considered the preeminent Bybit alternative for institutional-level traders, having pioneered the crypto derivatives space. The platform concentrates on perpetual swap and futures contracts, permitting leverage of up to 100x, and is built on resilient infrastructure designed to support significant order sizes and ultrafast execution.
Although the range of supported cryptocurrencies is narrower than that of traditional spot exchanges, the platform explicitly targets core assets—primarily Bitcoin and Ethereum—thereby minimizing the idiosyncratic volatility associated with assets of lesser liquidity.
Pricing consists of a -0.025% maker rebate paired with a 0.075% taker fee, effectively incentivizing liquidity provision within the order book. The platform supplies comprehensive risk management utilities, including stop-loss, limit, and delta hedging orders. Serving a geographically unrestricted clientele, BitMEX continues to be the execution venue of choice for sophisticated traders.
| Pros | Cons |
|---|---|
| Pioneer in crypto derivatives (since 2014) | Limited crypto support compared to spot exchanges |
| High leverage up to 100x | Regulatory issues in past reduced popularity |
| Negative maker fee (-0.025%) | No fiat support |
| Strong focus on professional traders | Complex interface for casual users |
| Robust risk management tools | Global coverage but restricted in US and some countries |
7.Deribit
Founded in 2016 and headquartered in Panama, Deribit has emerged as one of the foremost alternatives to Bybit for professional traders, with a particular emphasis on options and derivatives. The exchange ranks as the premier venue for Bitcoin and Ethereum options, alongside perpetual futures and linear contracts, and affords traders leverage of up to 100 times.
Its fee schedule is engineered to be highly competitive, commencing at 0.03% for maker orders and 0.05% for takers in perpetual markets, while options-related charges are levied on a per-contract basis and are supplemented by tiered volume discounts.
Though the platform lists a narrower cryptocurrency portfolio than conventional spot exchanges, the calibre of its institutional-grade risk management, a high-performance matching engine capable of executing orders in milliseconds, and consistently deep liquidity render it the platform of choice for professional participants executing sophisticated derivatives strategies.
| Pros | Cons |
|---|---|
| Leading platform for Bitcoin and Ethereum options | Limited number of supported assets |
| Advanced derivatives including options & perpetuals | Not beginner-friendly |
| Competitive fees (0.03% maker, 0.05% taker) | Based in Panama, less regulatory clarity |
| Deep liquidity in BTC and ETH | No fiat pairs |
| Global reach in 100+ countries | Limited altcoin offering |
8.Phemex
Founded in 2019 and operating from Singapore, Phemex emerges as a leading alternative to Bybit for professional traders, combining spot and derivatives markets on a single interface. The platform lists more than 200 cryptocurrency pairs, while its futures segment offers up to 100× leverage across a wide contractual spectrum.
The fee schedule is performance-sensitive, featuring 0.075% on market takers and a -0.025% rebate to makers, thereby incentivizing liquidity and minimizing expense for frequent participants.
Notable for its subscription-based zero-fee spot trading tier, Phemex particularly appeals to algorithmic and market-making desks. Global traders benefit from an intuitive user experience, institutional-grade custody, and features including master-sub account architectures and REST/WebSocket APIs for high-capacity automated execution.
| Pros | Cons |
|---|---|
| Zero-fee spot trading membership | Not available in the US |
| Supports 200+ cryptocurrencies | Relatively newer compared to Binance or Kraken |
| Competitive fees (-0.025% maker, 0.075% taker) | Less liquidity in smaller tokens |
| Futures with 100x leverage | Limited fiat on-ramps |
| Strong security and API support | Lower global presence vs Binance |
9.PrimeXBT
Founded in 2018 and registered in Seychelles, PrimeXBT has emerged as a compelling Bybit rival, particularly for seasoned traders. Its distinguishing feature is a multi-asset trading model that diverges from the predominant crypto-only offering.
Users can access spot and derivatives markets for cryptocurrencies, foreign exchange, commodities, and equity indices, all with maximum leverage of 100x. The cryhttps://phemex.comptocurrency selection—comprising Bitcoin, Ethereum, and a broad spectrum of altcoins—complements the traditional assets, thereby appealing to cross-market investors.
Producers of high trading volume appreciate the streamlined fee schedule, which imposes a flat 0.05% and dispenses with the maker/taker separation, ensuring transparency in expected execution costs. PrimeXBT is serviceable from more than 150 jurisdictions and is underpinned by sophisticated technical charting, a copy-trading module, and a suite of risk management utilities, rendering it a multipurpose trading vehicle for professional operators.
| Pros | Cons |
|---|---|
| Multi-asset trading: crypto, forex, commodities, indices | Narrow crypto selection compared to KuCoin or MEXC |
| Simple fee structure (0.05% flat) | No spot trading, only derivatives |
| High leverage up to 100x | Unregulated in some countries |
| Advanced risk management tools | Fewer supported tokens |
| Available in 150+ countries | Not suitable for beginners |
10.MEXC
Launched in 2018 and based in Seychelles, MEXC has emerged as a compelling alternative to Bybit for professional investors, mainly because of its wide altcoin selection and substantial liquidity. Serving a catalog of over 1,600 cryptocurrencies, the exchange could be the broadest venue for alternative tokens and yields.
Futures contracts permitting leverage as high as 200x attract sophisticated participants focused on high-risk reward profiles.
The fee architecture is particularly advantageous, with maker charges at 0% and taker charges capped at 0.02% on derivatives trades; spot transactions attract a modest 0.1% on both maker and taker sides, with further economies available to large-volume clients.
Registered in more than 170 jurisdictions, MEXC blends broad accessibility with a diverse inventory and state-of-the-art analytics and execution tools, aligning well with the priorities of seasoned users.
| Pros | Cons |
|---|---|
| Huge selection (1,600+ cryptocurrencies) | Not strongly regulated |
| High leverage up to 200x | Customer support can be inconsistent |
| Competitive fees (0% maker, 0.02% taker futures) | Interface may feel complex |
| Known for fast new token listings | Occasional liquidity issues on niche coins |
| Operates in 170+ countries | Limited fiat integration |
11.BitMart
Registered in the Cayman Islands, BitMart was established in 2017 and has since emerged as a leading alternative to Bybit for institutional and high-frequency traders. The exchange lists more than 1,000 tokens, catering to the full spectrum from well-capitalized coins to speculative small-cap assets, and offers both spot and perpetual contracts for diversification.
Trading costs are among the lowest in the sector, with spot commissions at 0.1% for both makers and takers, and perpetual contract rates of 0.02% for makers and 0.06% for takers, significantly reducing the friction of repeat execution.
BitMart services clients in over 180 jurisdictions while maintaining a single UI, a combination that appeals to quant desks and professionals with multi-region portfolios. Additional modules for staking, encrypted lending, and perpetual leverage ratios of up to 100x further deepen the platform’s ecosystem, enabling sophisticated strategies to be executed and monitored within a single workflow.
| Pros | Cons |
|---|---|
| Supports 1,000+ cryptocurrencies | History of a security breach in 2021 |
| Spot and futures trading with up to 100x leverage | Regulatory coverage not as strong as Coinbase or Kraken |
| Competitive fees (0.1% spot, 0.02/0.06% futures) | Some liquidity issues on smaller pairs |
| Available in 180+ countries | Limited fiat trading options |
| Offers staking and lending features | Slower withdrawals at peak times |
12.Bitfinex
Bitfinex, established in 2012 and domiciled in Hong Kong, represents one of the most formidable alternatives to Bybit for experienced traders seeking a feature-rich environment.
The exchange boasts substantial liquidity and a rich suite of trading functionalities across more than 200 digital assets. Leveraged options encompass spot, margin, and derivatives markets, permitting multipliers of up to 100x.
The fee structure is calibrated for efficiency, commencing at 0.1% for liquidity provision and 0.2% for liquidity consumption, with further reductions for elevated trading volumes and holders of the native UNUS SED LEO token.
Professional users benefit from a comprehensive set of order conditions, a 24/7 over-the-counter desk, and institutional-grade APIs.
Serving a worldwide client base, Bitfinex melds operational resiliency, adaptive architecture, and multifaceted security protocols, thereby reinforcing its stature as a pre-eminent venue for sophisticated trading requirements.
| Pros | Cons |
|---|---|
| Established in 2012 with deep liquidity | Regulatory concerns in the US |
| Supports 200+ cryptocurrencies | Complex interface for beginners |
| Competitive fees (0.1% maker, 0.2% taker) | Not available in some jurisdictions |
| Advanced tools: margin, derivatives, OTC | Limited fiat pairs compared to Coinbase |
| Attractive to institutional traders | Requires higher trust in centralized custody |
13.Delta Exchange
Delta Exchange, headquartered in Singapore and established in 2018, has established itself as a compelling Bybit alternative for professional traders by concentrating exclusively on cryptocurrency derivatives.
The exchange offers a broad suite of products, including perpetual and fixed-term futures, vanilla and exotic options, as well as interest rate swaps on primary digital assets such as Bitcoin, Ethereum, and a distinguished selection of altcoins.
The fee schedule is aggressive, beginning at an on-exchange 0.02% for makers and 0.05% for takers, with incremental discounts applying in a tiered manner to traders who demonstrate high throughput. Users may access up to 100x leverage, allowing for finely calibrated risk allocation, arbitrage, and hedging executes.
Delta operates in more than one hundred jurisdictions and distinguishes itself through an innovative product- mix, particularly the MOVE contracts, which replicate a security-style exposure to price volatility, elevating the exchange to a primary destination for institutionally oriented derivatives traders.
| Pros | Cons |
|---|---|
| Specializes in futures, options, and swaps | Narrow crypto coverage vs KuCoin or Binance |
| Competitive fees (0.02% maker, 0.05% taker) | Still relatively new (founded 2018) |
| Leverage up to 100x | Not as liquid as Binance or Bybit |
| Innovative products like MOVE contracts | No strong fiat support |
| Accessible in 100+ countries | Limited global brand recognition |
14.Poloniex
Poloniex, established in 2014 and domiciled in Seychelles, stands out as a highly regarded alternative to Bybit for seasoned traders, in large part due to its longevity and extensive range of execution options.
The exchange lists in excess of 400 digital assets and provides spot, margin, and derivatives markets, the latter offering leverage ratios of up to 100 times a trader’s margin.
The cross-platform transaction fees begin at a market-competitive 0.09% for both liquidity providers and market takers, with further tiered reductions for client-initiated liquidity and holders of the TRX token.
Currently, the venue services users in over one hundred jurisdictions, maintaining a reputation for broad international reach.
Supported by substantial on-chain liquidity and a suite of sophisticated execution, portfolio, and risk-management instruments, Poloniex continues to deliver a robust value proposition for professionals navigating the live digital-asset markets, reinforced by transparent pricing and a well-evolved operational track record.
| Pros | Cons |
|---|---|
| Established in 2014 with 400+ cryptos | Regulatory uncertainty in the US |
| Futures with leverage up to 100x | Not as liquid as Binance or OKX |
| Competitive fees (0.09% maker/taker) | Customer support often criticized |
| Global reach in 100+ countries | History of security incidents |
| TRX integration with lower fees | Slower adoption of new trading features |
15.eToro
Launched in 2007 in Israel, eToro has emerged as a compelling Bybit alternative for sophisticated traders, distinguished by a distinctive combination of multi-asset exposure and integrated social trading.
The venue lists more than seventy digital assets in tandem with equities, exchange-traded funds, and commodities, catering to professionals who require broad portfolio diversification.
Although the platform levies comparatively elevated crypto execution costs of roughly 1% per transaction, it offsets this expense through sophisticated copy-trading capabilities and robust portfolio analytics that most rival venues do not provide.
Available in more than 140 jurisdictions, eToro serves both retail and institutional participants. Its regulated operating framework, proprietary multi-market interface, and seamless integration of conventional and digital assets create a credible, well-rounded alternative for the experienced trader.
| Pros | Cons |
|---|---|
| Multi-asset: crypto, stocks, ETFs, commodities | High crypto fees (~1%) |
| Social trading & copy trading features | Fewer crypto options (70+) |
| Founded in 2007, highly regulated | Limited advanced trading tools |
| Available in 140+ countries | Not ideal for high-frequency traders |
| Good for portfolio diversification | Lower leverage options |
16.Gemini
Established in 2014 and led by the Winklevoss twins, Gemini operates from the U.S. and presents itself as a preeminent alternative to Bybit for experienced traders. Its distinctive advantage lies in extensive regulatory adherence and the provision of institutional-grade infrastructure.
Offering access to a comprehensive suite of more than 100 digital currencies, Gemini encompasses flagship tokens, stablecoins, and multiple trading modalities, expressly spot, derivatives, and staking.
Pricing on the ActiveTrader interface commences at 0.20% for maker orders and 0.40% for taker orders, with progressively more favorable tariffs predicated on elevated monthly trading volumes.
The platform services traders in over 60 jurisdictions and consistently aligns with rigorous security protocols, digital asset insurance, and depth of liquidity, positioning itself as a credible venue for professionals prioritizing both regulatory reliability and high performance.
| Pros | Cons |
|---|---|
| US-regulated and highly secure | Higher fees than most (0.20% maker, 0.40% taker) |
| Supports 100+ cryptocurrencies | Limited derivatives support |
| Insurance on custodial assets | Narrow coin selection compared to KuCoin |
| Strong security with compliance focus | Available in fewer countries (60+) |
| Professional-grade ActiveTrader platform | Not ideal for altcoin hunters |
17.Coinbase Pro
Established in 2015 and based in the United States, Coinbase Pro has emerged as a premier alternative to Bybit for sophisticated traders, distinguished by its stringent regulatory framework and comprehensive trading ecosystem.
It lists over 250 digital assets, ensuring ample liquidity in both spot and derivatives venues, thereby appealing to institutional players as well as high-frequency individuals.
Fees start at 0.40 per cent for takers and 0.25 per cent for makers, both subject to progressive discounts based on monthly trading volumes.
The exchange services more than 100 jurisdictions and features advanced order types, high-performance API connectivity, and layered security protocols. By integrating rigorous compliance with worldwide reach and institutional-caliber tools, Coinbase Pro positions itself as the benchmark for professional cryptocurrency trading.
| Pros | Cons |
|---|---|
| Highly regulated in the US | Higher base fees than Binance/OKX |
| Supports 250+ cryptocurrencies | Fewer advanced features compared to Bybit |
| Deep liquidity in major trading pairs | Limited leverage |
| Accessible in 100+ countries | Slow token listing compared to Gate.io |
| Strong API and institutional tools | Not available under Coinbase Pro branding anymore (transitioning to Advanced Trade) |
18.Crypto.com
Launched in 2016 and based in Singapore, Crypto.com serves as a credible substitute for Bybit among professional traders, distinguished by its consolidated financial ecosystem and worldwide availability.
The venue accommodates in excess of 250 digital assets, enabling spot, margin, and derivatives trading with maximum leverage of 100 times.
The tiered fee model commences at 0.075% for takers and 0.05% for makers, with additional rebates for holders of the native CRO token and for traders executing elevated volumes.
Operating in more than 90 jurisdictions, the exchange complements its trading suite with staking, crypto-collateralized lending, and a widely adopted Visa debit card, facilitating crypto-to-fiat conversions. Offering sophisticated trading interfaces alongside a unified suite of digital finance services, the platform appeals decisively to seasoned market participants.
| Pros | Cons |
|---|---|
| Supports 250+ cryptocurrencies | Higher fees if not using CRO |
| Futures and margin trading up to 100x | Some countries restricted |
| Competitive fees (0.05% maker, 0.075% taker) | Customer support issues reported |
| Extra features: Visa card, staking, lending | Interface can feel heavy |
| Available in 90+ countries | Past layoffs raised trust issues |
19.Uphold
Established in 2015 and operating from a United States-based headquarters, Uphold ranks as a compelling Bybit substitute for sophisticated traders, offering exceptional asset coverage and unambiguous pricing. The venue accommodates 250+ cryptographic assets, together with equities, precious metals, and fiat, enabling users to construct a fully-fledged portfolio from a unified environment.
Rather than retaining a conventional maker-taker model, Uphold deploys an innovative fee architecture centred on fixed spreads, which for a majority of widely-traded digital currencies fluctuate between 0.8% and 1.2%, thus delivering unambiguous expense metrics.
The service spans more than 180 jurisdictions and features immediate execution, yield-generation through staking, and extensive portfolio oversight functions. Emphasis on compliant frameworks, asset breadth, and cross-border accessibility render Uphold an appealing proposition for institutional and advanced retail clientele.
| Pros | Cons |
|---|---|
| Multi-asset: crypto, stocks, metals, fiat | Uses spreads instead of clear maker/taker fees |
| Supports 250+ cryptocurrencies | Spreads may be higher than Binance fees |
| Accessible in 180+ countries | Less advanced derivatives tools |
| Simple and transparent for pros | Limited leverage compared to Bybit |
| Founded in 2015 with regulatory focus | Not as liquid for big trades |
20.Deepcoin
Deepcoin, launched in 2018 and based in Singapore, has emerged as a leading Bybit contender for professional traders, positioning itself as a dedicated derivatives exchange.
The venue lists more than 100 digital assets, enabling users to engage in spot, perpetual, and options markets, all supported by variable leverage of up to 125 times for sophisticated trading methodologies.
The platform’s transaction cost regime is progressive, featuring a maker rebate of -0.02% and a taker fee of 0.05%, thereby incentivizing order-book depth and minimizing execution expense.
Regulated access to more than 100 jurisdictions underscores the exchange’s commitment to security, which is bolstered by cloud-hosted custodial wallets and layered asset safeguards. Collectively, the exchange’s global reach, elevated leverage, and an arsenal of professional-grade instruments render it well suited for seasoned market participants.
| Pros | Cons |
|---|---|
| Focused on derivatives with up to 125x leverage | Smaller crypto selection (~100 tokens) |
| Competitive fees (-0.02% maker, 0.05% taker) | Less recognized brand globally |
| Founded in 2018 with rapid growth | Not as regulated as Coinbase or Gemini |
| Cloud-based wallet with asset protection | Limited fiat support |
| Accessible in 100+ countries | Still building liquidity compared to Binance/Bybit |
Conclsuion
Ultimately, professional traders seeking a Bybit alternative should prioritize exchanges combining substantial liquidity, sophisticated derivative offerings, and transparent pricing. Binance, OKX, and Kraken provide comprehensive global coverage, whereas Deribit and BitMEX lead in indexed derivatives and perpetuals.
KuCoin, Gate.io, and MEXC present broad selections of tier-one and emerging altcoins, enhancing cross-asset strategy formulation. The final selection should align with a trader’s specific operational blueprint, tolerance for volatility, and jurisdictional regulatory frameworks.
FAQ
Deribit, BitMEX, and OKX are top choices for futures and options.
Gate.io, KuCoin, and MEXC list hundreds of altcoins.
Binance, Phemex, and MEXC offer highly competitive maker/taker fees.