Confused between zb.com vs Bybit? If yes, then I am here to help you out.
There are numerous cryptocurrency exchanges out there.
Some are well-known names in the industry, while some are less popular but known for offering great services. Two such names are zb.com and Bybit.
So how do these two exchanges compare to each other? To help you with the answer, I have compared the two trading platforms at many key factors.
So let’s quickly go ahead and have a look:
ZB.com vs Bybit: At A Glance Comparison
ZB.com is one of the top cryptocurrency exchanges out there. The exchange was founded in 2013, and it is based in Hong Kong. It allows you to buy/sell and trade a wide range of assets.
Also, you can use the exchange to explore markets like spot, margin, and futures markets.
Bybit is a global crypto derivatives exchange offering its services in spot, margin, futures, and options trading space.
The exchange was founded in 2018, and it has become one of the top choices among crypto traders.
On Bybit, you will find a wide range of trading pairs. Plus, it also offers you high leverage and has one of the lowest trading fees. To sign-up on the exchange, you can use this Bybit referral code to get sign-up bonus.
ZB.com vs Bybit: Trading Markets, Products & Leverage Offered
Let’s begin the comparison by looking at the trading markets and other product offerings:
- Spot Trading
- Margin trading (Leverage options of up to 3x and 5x)
- Derivatives Trading (USDT Futures) with up to 100x Leverage
- Bot Trading
- Spot Trading
- Margin Trading (5x Leverage)
- USDT Perpetual Futures & Inverse Futures Contracts (with leverage between 1x to 100x Leverage)
- USDC Perpetual Futures Contracts (with leverage between 1x to 125x)
- USDC Options
- Leveraged Tokens (2X Leverage)
- Copy Trading
- Bot Trading
Verdict: Bybit excels up when it comes to product offerings. It not only offers all the trading markets offered by ZB.com. But it also offers you higher Leverage and other trading products.
ZB.com vs Bybit: Supported Cryptocurrencies
ZB.com supports a good number of crypto tokens. You would find both the popular crypto tokens as well as many other cryptocurrencies.
However, there is no official number on how many tokens are listed on the exchange. However, here are some of the listed tokens:
Bybit also supports a good number of tokens. On the exchange, you would find more than 350+ crypto trading pairs and tokens.
Also, be assured that you will find all the popular tokens along with many new and unique tokens. Some listed crypto tokens are:
Verdict: Bybit wins this section by offering an extended number of tokens than ZB.com.
ZB.com vs Bybit: Trading Fee & Deposit/Withdrawal Fee Compared
The trading fees are a crucial factor when it comes to choosing a crypto leverage trading platform. Always make sure to go with an exchange with the lowest trading fees.
ZB.com Spot Trading Fee
ZB.com follows a tiered fee structure. However, when it comes to charging you a fee, it has two different models.
For the usual transactions, it charges you a flat rate. Also, on top of that, you get a discount on the transaction fee when you pay your fees using ZB.
For the USDT/QC and USDC/QC trading, it has a maker and taker fee model with no additional discounts. So the regular fee for both models stands at:
- Fee: 0.20%
- Fee (Pay with ZB): 0.10%
USDT/QC and USDC/QC Transaction Fee
- Maker Fee: 0.4%
- Taker Fee: 0.4%
ZB.com Futures Trading Fee
For futures trading, ZB.com also follows a tiered fee structure with a taker and maker fee model. However, there are no additional discounts. The exchange’s regular fee stands at:
- Maker Fee: 0.050%
- Taker Fee: 0.075%
ZB.com Deposits & Withdrawal Fees
When it comes to depositing fiat, it offers you two methods bank transfer and credit/debit card purchases. Both these deposit and withdrawal methods are subjected to a transaction fee.
On the other side, if you want to deposit crypto from another exchange or wallet, then there are no charges on deposit. But for certain cryptocurrencies, you need to meet the minimum deposit requirements.
Also, for crypto withdrawals, ZB.com charges you a certain fee. The fee depends on the currency you are withdrawing and a few other factors.
Moreover, there is no P2P trading available on ZB.com – so you cannot enjoy free deposits and withdrawals of funds.
ByBit Spot Trading Fee
Just like ZB.com, Bybit also follows the same tiered fee structure with the taker and maker fee model. Your tier is based on your 30 days trading volume. However, here is the minimum trading fee you are required to pay:
- Maker Fee: 0.10%
- Taker Fee: 0.10%
ByBit Futures Trading Fee
- Maker Fee: 0.06%
- Taker Fee: 0.01%
ByBit Deposits & Withdrawal Fees
Talking about the deposits and withdrawal fees, you will have to pay a transaction fee for depositing and withdrawing fiat through certain payment options.
For instance, if you use a credit/debit card or bank transfer, then some charges will occur. But you would also find a handful of deposit/withdrawal options with no charges.
For crypto tokens deposit, there are no fees. But you have to pay certain fees when withdrawing crypto tokens.
However, Bybit supports P2P trading. So you can deposit and withdraw funds at zero cost.
Verdict: Bybit is a better choice because of its clear fee structure. Also, it offers you different options to deposit and withdraw funds at zero cost.
ZB.com vs Bybit: Order Types
- Limit order
- Post only
- IOC order
- Market order
- Plan order
Verdict: ZB.com supports an extended list of order types and the winner for this section. However, with Bybit’s conditional order type, you can place advanced order types.
ZB.com vs Bybit: KYC Requirements & KYC Limits
ZB.com can be used without verifying your user account.
Without identity verification, you are allowed to deposit unlimited funds and support Fiat deposits via quick deposit only. However, there is a withdrawal cap set to $100K in total.
However, if you verify your account, then you can enjoy unlimited funds deposit, support of fiat deposits with unlimited access to quick trading, and other trading options. Plus, it offers you a daily withdrawal limit of $2M.
Bybit also doesn’t require you to complete your identity verification to start trading on the exchange. But if you verify your account, you will enjoy access to fiat deposits/withdrawals and the P2P trading fee feature.
Also, without identity verification, you are getting a daily withdrawal limit of 20,000 USDT with a monthly withdrawal limit of 100,000 USDT.
ByBit has two different levels of KYC. These are:
|Level 1||Unlimited P2P Trading||$20K daily fiat top-up||1,000,000 USDT daily coin withdrawal limit|
|Level 2||Unlimited P2P Trading||$100K daily fiat top-up||2,000,000 USDT daily coin withdrawal limit|
Verdict: Although both exchanges don’t require you to complete KYC, Bybit stands as the winner. Bybit offers you access to all trading features without identity verification.
ZB.com vs Bybit: Deposits & Withdrawal Options
- Method 1: You can buy crypto or withdraw funds using payment options like BANXA, Simplex, and ADVCASH.
- Method 2: You can deposit or withdraw funds using a crypto wallet or from another crypto exchange.
- Method 1: You can buy crypto or withdraw funds using a wide range of payment methods like bank card, AirTM, Advcash, Zelle, Wise etc.
- Method 2: Use ByBit P2P trading to deposit or withdraw funds using your local payment methods.
- Method 3: You can deposit or withdraw funds using a crypto wallet or from another crypto exchange.
Verdict: As Bybit offers you multiple ways to deposit/withdraw funds, it is the winner for this section.
ZB.com vs Bybit: Trading & Platform Experience Comparison
For spot trading, ZB.com has two separate platforms – Spot Basics and Spot Pro. The spot basic offers you a simple buy/sell form to place your orders.
However, the Spot Pro and derivatives trading platform offer you a full-fledged trading experience. And you are getting features like:
- Technical chart powered by TradingView
- Trading Pair details
- Easy-to-use order form
- Order book
- Positions, current positions, plan order, trade history, TP/SL, History order etc
Bybit doesn’t have multiple trading windows. Hence, I find using the exchange much easier and less complicated.
But apart from this slight difference, both exchanges’ trading platforms are pretty identical and offer you similar features. And here is a quick look at the features offered by Bybit:
- Multiple technical charts, including TradingView
- Trading pair details
- Order book
- Recent trades
- Positions, closed P&L, Current orders, order history, and trade history
- Easy-to-use order form
- Easy-to-use mobile app
Also to learn more about Bybit trading, you can check this Bybit tutorial.
Verdict: Overall, Bybit’s trading platform is much easier to use. Plus, it comes with an easy-to-use mobile app that can help you trade effectively.
ZB.com vs Bybit: Customer Support
When it comes to offering support, ZB.com isn’t impressive. The only way to reach out to them is via email. They don’t offer support via live chat or social media channels like Twitter.
You can reach out to Bybit’s help in multiple ways. The easiest option is to use their live chat option, which will instantly connect you with a support agent.
Plus, the live chat can also be used for finding different support guides. So you can solve your queries on your own.
Secondly, it also offers you support via email, and they do have a quicker response time. Lastly, you can also ask for help tagging their support handle on Twitter.
Verdict: Bybit is a better choice and the winner of this section. The exchange offers you more options to reach out to support than ZB.com.
ZB.com vs Bybit: Security Features
Now let’s have a quick look at what security these two exchanges are offering to help you protect your account.
- Two Factor Authentication
- Transaction password
- Device management
- Trading authentication
- Withdrawal verification
- Anti-phishing code
- Two Factor Authentication
- Fund Password
- Anti-phishing Code
- Real-Time Monitoring
- Withdrawal Address Whitelist
- Withdraw via Address Book
- Trusted Devices Management
- Triple Layer Asset Protection & Platform Security
- Advanced-Data Protection
Verdict: Both exchanges offer numerous features to help you protect your account. Hence, it is a tie between ZB.com and Bybit.
Is ZB.com Safe & Legal To Use?
ZB.com is one of the oldest crypto exchanges and is known for offering a safe trading experience to its users.
The exchange offers several features to help you protect your account. Also, it uses offline storage to safeguard your funds.
However, the exchange does have a history of hacking attacks.
Is Bybit Safe & Legal To Use?
Bybit is one of the safest crypto exchanges with no history of security breaches.
The exchange has implemented high-end security features and offers several security features to protect its users funds and data. Also, the exchange holds licenses to operate in multiple jurisdictions.
ZB.com vs Bybit Conclusion: Why not use both?
Overall, Bybit stands out as a clear winner.
The exchange is a far better choice for many key factors, such as trading fees, market offerings, leverage, and security.
Also, Bybit being a popular exchange, offers you deep liquidity, which will help you trade effectively.
But ZB.com is also not that bad. The exchange has a great trading platform and offers you multiple order types.
See how ZB.com vs Bybit compares to other exchanges: