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Bybit vs Kraken

Compare rates, fees, access, and key features side by side.

Bybit

Bybit

Quick takeBybit Earn spans flexible and fixed savings, onchain staking, and higher-risk structured products. Easy Earn is the most direct yield produc...

Score4.2
VS
Kraken

Kraken

Quick takeKraken is a custodial crypto exchange offering flexible staking, bonded staking, and Auto Earn for eligible assets and regions. Flexible pro...

Score4.3
Popular150 recent visitors

General

Platform
Bybitlogo
Krakenlogo
Founded
Bybit2018
Kraken2011
Headquarters
BybitSingapore
KrakenSan Francisco, CA
Availability
BybitWorldwide, excluding US
KrakenAvailable in supported jurisdictions; U.S. restrictions include Maine and New York. Assets and funding vary by location.

Fees & Financial

Bonus
BybitGet $20 in BTC with $100 deposit, use code COINTEREST
Kraken$10 BTC + 10% fee discount
Token
Bybit
Kraken
Compounding
BybitYes
KrakenNo
Payouts
BybitVaries
KrakenWeekly
Fees
Bybit
KrakenYes
Lockup
BybitFlexible to 60 days
Kraken
Maker Fee
Bybit0.1
Kraken0.4
Taker Fee
Bybit0.1
Kraken0.8

Cryptocurrency Rates

BTC Rate
Bybit0.4%
Kraken0.02%
BTC Max
Bybit
Kraken
ETH Rate
Bybit0.8%
Kraken
ETH Max
Bybit
Kraken2.44%
Stablecoin Rate
Bybit3.5%
Kraken3.75%

Bybit

Review

Pros

  • Flexible and fixed Easy Earn products cover multiple assets and term preferences.
  • Flexible yield is credited daily, and Auto-Earn can deploy eligible idle balances.
  • The product screen identifies whether yield comes from lending or a wealth-management strategy.

Cons

  • Bybit does not serve U.S. residents and excludes several other jurisdictions.
  • Flexible rates can be tiered and change frequently; fixed products may restrict early redemption.
  • The Earn menu mixes savings, onchain staking, and structured products with materially different risks.

Kraken

Review

Pros

  • Supports flexible and bonded staking across a broad selection of assets, with rewards paid weekly.
  • Auto Earn can keep eligible assets available for trading or withdrawal while automatically allocating them to supported rewards programs.

Cons

  • Flexible Staking and Auto Earn generally deduct 30% of rewards, while the entry bonded tier deducts 25%.
  • Flexible staking may generate rewards on only up to half of the selected balance for assets with an unbonding period.