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BH Bithumb VS BY Bybit
Both exchanges offer Spot. The differences below come from our individual reviews of Bithumb and Bybit.
| Bithumb | Bybit | |
|---|---|---|
| Founded | 2014 | 2018 |
| Regions | Built for South Korean residents: full access requires a Korean mobile phone number and a real-name-verified account at Bithumb's partner bank. Registration for new overseas users has been suspended since 2021, and Bithumb blocks access from roughly 21 jurisdictions under FATF-related restrictions, including North Korea and Iran. | Widely available; restricted or unavailable in some jurisdictions including the US for derivatives products: verify local availability before signing up. |
| Products | Spot | Spot, Perpetual futures, Options, Copy trading |
| Maker fee | Verify current tier: Bithumb runs a tiered, promotion-heavy schedule (KRW-market rates have ranged from a standard 0.25% down to 0.04% for applicants to fee events) so check the live rate and any active promotion before trading | Verify current tier: Bybit uses a volume-based maker/taker schedule |
| Taker fee | Verify current tier: same volatility applies, Bithumb has run limited-time maker/taker promotions on top of its standard tiered schedule more than once | Verify current tier: Bybit uses a volume-based maker/taker schedule |
Bithumb pros
- Long operating history since 2014 and consistently South Korea's second-deepest KRW order book after Upbit
- Wide listing of Korea-origin and Korea-popular tokens that see little volume on international exchanges
- Free KRW deposits and a flat, low KRW withdrawal fee through its real-name-verified bank partner
- Site and app support multiple languages including English, though functional support for non-Korean users is thinner than the language selector suggests
Bybit pros
- Deep futures liquidity, especially on major pairs
- Mature, well-documented copy-trading product
- Fast account setup for spot and futures
This table is generated from the same data behind our individual exchange reviews. See methodology for how it's put together. Fee figures marked "not yet verified" need confirming against live terms before this page is treated as launch-ready.