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Bybit vs Kraken

VS

General

Platform
Bybit logo
Kraken logo
Founded
Bybit 2018
Kraken 2011
Headquarters
Bybit Signapore
Kraken San Francisco, CA
Availability
Bybit Worldwide, excluding US
Kraken Worldwide

Fees & Financial

Bonus
Bybit
Kraken Up to $100 USD with invite code: 5pkcpdcs
Token
Bybit
Kraken
Compounding
Bybit Yes
Kraken No
Payouts
Bybit Varies
Kraken Weekly
Fees
Bybit
Kraken Yes
Lockup
Bybit Flexible to 60 days
Kraken
Maker Fee
Bybit 0.1
Kraken 0.16
Taker Fee
Bybit 0.1
Kraken 0.26

Cryptocurrency Rates

BTC Rate
Bybit 0.6%
Kraken 0.15%
BTC Max
Bybit 2.6%
Kraken
ETH Rate
Bybit 0.5%
Kraken 2.25%
ETH Max
Bybit 2.5%
Kraken 6.5%
Stablecoin Rate
Bybit 8.79%
Kraken 4.25%

Pros

  • For daily yield products, interest compounds daily

Cons

  • Tiered interest rates

Pros

  • Offers on and off-chain staking
  • Full exchange services

Cons

  • Interest rate will vary (Kraken takes a flat 15% from staking rewards)