Bybit vs Nexo
Bybit | Nexo |
---|---|
![]()
3.1
|
![]()
3.9
Nexo is #22 in our crypto broker rankings. |
![]() |
![]() |
Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018. |
Nexo is a crypto trading platform that also acts as a gateway to DeFi crypto functions such as staking, borrowing and lending. The platform supports 60+ crypto tokens, which can be purchased with a fiat on-ramp and traded in 500+ market pairs. The exchange operates a zero-fee policy allowing a set number of completely free withdrawals per month and fee-free trading. |
Bonus Offer | |
Up To 4030 USDT Welcome Bonus | Loyalty scheme with various bonuses, plus referral program |
Comment by Reviewer | |
"Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives." | "Nexo is good for traders who want a straightforward way to access DeFi crypto markets and earn interest on their digital assets." |
Pros | |
|
|
Cons | |
|
|
Instruments | |
Cryptos, Futures | Cryptos |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $10 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
0.001 Lots | $30 |
Regulator | |
ASIC, FCEN | |
Margin Trading | |
Yes | No |
STP Account | |
Yes | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
Yes | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
Yes | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
Yes (iOS & Android) | iOS & Android |
Auto Trading | |
Via 3rd party software | |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge. | |
Social Trading | |
No | No |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | No |
Account Currencies | |
|
|
Cryptocurrency | |
Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options. | Nexo traders can buy and sell 60+ cryptocurrencies using fiat, or trade between 500+ market pairs. The app functions as a crypto wallet, meaning that clients will own their own tokens but Nexo will have custody of them. Crypto assets can be transferred from the Nexo wallet. Fees are low and user security is high. |
Spread | |
Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1% | N/A |
Coins | |
|
|
Crypto Lending | |
Yes | Yes |
Crypto Mining | |
Yes | No |
Crypto Staking | |
Yes | Yes |
Auto Market Maker | |
No | No |
![]() |
![]() |
More Comparisons | |
Bybit vs |
Nexo vs |