In this article, I will talk about two cryptocurrency exchange platforms, Bybit and Gate.io. In the comparison, we will look into their prominent features, cost of services, states supported, and safety precautions.
This analysis will determine which platform, be it a novice or seasoned trader, is better suited to their trading requirements. Deciding on the ideal gateway comes down to competitive pricing and available tools.
What Is Bybit?
Founded in 2018 by Ben Zhou, Bybit is a cryptocurrency exchange located in Dubai. The exchange has grown tremendously and is now one of the largest trading platforms in the world, with more than 60 million users across the globe .
From spot trading to derivatives and even a Web3 wallet, Bybit provides many services, fulfilling the needs of all types of traders, from beginners to experts. The platform is well known for its simple design and ease of use, its advanced instruments for trading, and its strong protection against cyber threats.
Bybit suffered a massive case of cyber sleaze in February 2025 which cost the exchange nearly $1.5 billion worth of assets; in order to keep operations running, the exchange needed to quickly recover its reserves, and luckily was able to do so.
Innovation continues at Bybit, and even if these problems did not cease the other efforts from being made, they continued to expand and innovate their cryptocurrency services.
What Is Gate.io?
Launched in 2013, Gate.io is a centralized global cryptocurrency exchange that provides services ranging from spot trading, margin trading, trading with leverage, and staking. Gate.io has over 3,800 supported cryptocurrencies and they serve more than 23 million users across the globe.
For security purposes, Gate.io is one of the few exchanges that enforces two-step verification and keeps the client’s funds in cold wallets. Proof-of-Reserves was also a good step made towards transparency.
Although Gate.io has a broader reach, it’s still not available in some areas particularly in the US. They also continue to add more features like the new GateChain native blockchain along with the GateToken(GT) utility token.
Bybit Vs Gate.io Overview
| Feature | Bybit | Gate.io |
|---|---|---|
| Headquarters | Dubai | Cayman Islands |
| Company Type | Centralized Exchange | Centralized Exchange |
| Available Assets | 1,900+ | 3,800+ |
| Regulation and Licensing | VARA (Dubai), CySEC (Cyprus), AFSA (Kazakhstan), FIU (India) | Australia, Lithuania, Malta, Italy, Bahamas |
| Fees | Spot: 0.1%, Futures: Maker 0.01%, Taker 0.06% | Spot: 0.2%, Futures: Maker 0.015%, Taker 0.05% |
| KYC Verification | Yes | Yes |
| Staking Coins | 1,000+ Assets | 800+ Assets |
| Deposit Methods | Bank Transfers, SEPA, Cards, Google Pay, Apple Pay | Bank Transfers, Cards, Crypto Transfers, SEPA |
| Available in the USA | No | No |
| Total Users | 70 Million+ | 23 Million+ |
Bybit Products
Spot & Futures Trading
Trade among 1,600 cryptocurrencies with access to spot markets with 60+ fiat currencies. Gain access to 400+ perpetual futures contracts with leverage of up to 200x. Settlements are done in USDT or USDC.
Options Trading
Supports options for BTC, ETH and SOL to create positions for advanced risk management and profit opportunities.
Bybit Earn. Generate passive income from Flexible Savings, Fixed Term, Dual Asset, Liquidity Mining, and Wealth Management that enables up to 599% APY.
MetaTrader 5 (MT5) Integration
Offers advanced trading across forex, commodities, crypto, and indices with more than 100 trading pairs, up to 500x leverage, and lower fees.
Automated Trading Bots
Automates trading using tools such as Grid Bot, DCA Bot, and Futures Combo Bot which allows for simplification of strategies.
Copy Trading
Provides access to more than 800,000 traders from whom you can copy expert-level strategies.
OTC Trading
Good for institutions; supports big private trades at zero fees, instant settlement, and competitive quotes.
Bybit Pay
Supports everyday payments using crypto with QR code access as well as multi-currency wallet integration.
Demo Trading Account
Train and improve your trading skills without any risks using up to \$100,000 in virtual funds on realistic market simulations.
Gate.io Products
Gate.io has catered for both beginners and expert users of crypto by providing them with a wide array of trading and investment services:
Spot and Futures Trading
Users can trade “over 3800 cryptocurrencies” that have high liquidity, along with access to dashed and real-time order types, data streams, and low fees in both Spot and Perpetual futures markets.
Pilot Trading Zone
Users can now discover and trade interesting new trending tokens early on Ethereum, Solana, Base, Tron, and other block chains.
Leveraged ETF Tokens
Gain amplified exposure market movements by trading on 3x and 5x leveraged tokens without having to deal with margins or liquidation risks which is a much easier way to trade IF your tokens are being leveraged.
Automated trading bots
Utilize powerful bots such as Spot Grid, Futures Martingale, Infinite Grid, and Smart Rebalance to automatically execute your trading strategies and optimize your returns.
Copy trading
Enable ease of following successful leading traders by using Futures Copy Trading.
Earn Passive Income
Using a provided secured and flexible lending platform that supports over 800-currencies, crypto can easily earn passive income funded by interest and principal protected lending options.
Staking products
Easily achieve reliable yield generation through staking on verified pools backed by 100% reserve guarantees of the leading PoS cryptocurrency.
Gate Card
Open the world to you with global purchases and \$7 cashback rewards on selected transactions with the Gate Visa Card.
Gate pay
Process online and in store crypto payments with QR codes using Gate Pay for a simple and secure transaction.
Analysis of Bybit Fees
Bybit provides an attractive and multifunctional fee system designed to support individual traders as well as offer traders with higher volumes better conditions through the VIP program and regular promotions:
Spot Trading
Standard fee for both makers and takers is: 0.1%. VIP tiers offer even better conditions and the fees get up to 0.005% (maker) and 0.015% (taker) for the best-known traders.
Futures & Perpetual Contracts
Default fees are: 0.01% (maker) and 0.06% (taker).
VIP 5 members offer those with the most favorable fees of 0% (maker) and 0.017% (taker).
Options Trading
Flat fee of 0.03% per trade charged for both makers and takers, irrespective of trade volume.
Promotions & Rebates
Regular zero fee events on selected pairs. Cashback program delivers up to 45% fee refunds, depending on trading activity and volume traded, and on the VIP status held.
Gate.io Fees
| Category | Fee Details |
|---|---|
| Spot Trading | Base fee: 0.2% for both maker & taker. Holding GT can reduce fees by up to 25%. VIP16 traders enjoy 0.055% (maker) & 0.065% (taker). |
| Futures Trading | Starts at 0.015% (maker) & 0.05% (taker). VIP traders can lower costs significantly, with top-tier traders benefiting from -0.015% (maker rebate) & 0.03% (taker). |
| Deposits | Crypto deposits are free. Fiat deposits vary by payment method, typically ranging 1%–3% |
| Withdrawals | Fiat withdrawals range 0.5%–2%, while crypto withdrawals are subject to network fees – |
| Promotions & Discounts | Gate.io frequently offers fee reductions & zero-fee trading periods on selected cryptocurrencies, especially during new listings & market events. |
Supported Countries & Languages
Bybit has a global reach but limits users from the USA, UK, Canada, Singapore, Hong Kong, France, Iran, Cuba, North Korea, Syria, Sudan, Ukraine, and Uzbekistan. To cater to its customers, Bybit has made its interface available in several languages.
Currently, they support 18 languages, which include Portuguese and Spanish dialects, Russian, Vietnamese, Filipino, Thai, Malay, and Indondesian, Simplified Chinese, Japanese, Arabic, Ukrainian, Kazakh, and English.
Gate.io on the other hand serves a broad international market excluding the users from the US, Canada, China, Singapore, Malaysia, North Korea, Iran, Syria, Crimea, Cuba, Pakistan, Bangladesh, Sudan and Venezuela.
With over 20 language options, English, Chinese, Spanish, French, Portuguese, Russian, German, Vietnamese, Turkish, Korean, Japanese, Hindi, Filipino and Indondesian, Thai, Arabic, Polish, Dutch, Italian, Ukrainian, Czech, and many more.
Gate.io vs Bybit: Customer Support
Gate.io features a customer support email, live chat and a help center. Moreover, the platform has a dedicate help center which is designed to assist traders and contains several FAQs, tutorials, and guides.
Moreover the customer support of Gate.io is fairly good because most of the customer queries are addressed in a few hours.
Bybit also provides customer assistance through email, live chat and a help center. Bybit also has a help center that is fully loaded with most of the FAQs, tutorials, and guides.
The customer support of Bybit also is quick and timely and you can be sure that your query will be resolved in few hours.
Gate.io vs Bybit: Security Features
Gate.io
Two-factor authentication (2FA): An additional step for account protection offered by Gate.io is two-factor authentication (2FA). Users can select either Google SMS or Google Authenticator.
KYC verification: Gate.io has set prerequisites for users to complete Know Your Customer verification before they can commence trading activities. This is done to mitigate fraudulent processes like money laundering and identity theft.
Cold storage: As a security measure, the majority of user funds are stored in Gate.io wallets that are in cold storage, which means they are not linked to the internet and hackers cannot access them.
Risk management system: Gate.io relies on risk management systems to eliminate the adverse impacts of unanticipated market changes on a user’s account. This practical system incorporates active monitoring, self-executing risk control mechanisms, and manual risk management.
Bybit
Two-factor authentication (2FA): Bybit similarly enables 2FA in an effort to enhance security on user accounts. Users can select either Google SMS or Google Authenticator for 2FA.
Cold storage: Most of the user funds at Bybit are stored in cold wallets to mitigate exposure to potential hackers and the internet.
Bybit protects users’ funds with multi-signature technology which requires several private keys to access funds, making hacking attempts difficult.
Bybit encrypts its website with SSL encryption which safeguards personal and financial information of the user from risk.
Is Gate.io Safe & Legal To Use?
Gate.io has been in operation since 2017. It claims to utilize various security protocols aimed at safeguarding users’ funds as well as personal information.
However, it has suffered some security incidents in the past, which stresses the need to exercise defaulted caution and recommend security measures.
Legality austere differently in diverse regions, thus users need to confirm local rules before engaging in trading activities on Gate.io.
Is Bybit Safe & Legal To Use?
With Bybit, user safety is equally observed with the use of higher grade encryption, 2FA, and keeping most funds in cold wallets. In addition, Bybit has an insurance fund that caters for losses caused by unforeseen circumstances.
No platform can offer unrestricted safety, but Bybit has set up reliable measures which aim to protect user information and assets effectively.
Final Thought
To summarize, both Bybit and Gate.io provide comprehensive platforms and products that services traders of all levels.
Each has its own fee schedules and supported nations but both exchanges have security and compliance measures within their jurisdictions of operation.
Users are advised to analyze their requirements, geographical limitations, and security protocols to ensure optimal efficiency and safety while trading on these exchanges.
