Bybit vs. BitMart: Compare The Best Features
When choosing a crypto exchange, the right platform can make a significant difference in your experience. Bybit and BitMart both offer robust features, but each excels in different areas.
In this comparison, we'll explore what each platform offers for crypto traders.
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Ease of Use & Mobile App Experience
Bybit offers a sleek, intuitive interface for beginners and experienced traders. The platform provides a streamlined desktop and mobile experience, with customizable layouts to suit individual preferences.
However, newcomers might find its advanced features overwhelming at first.
BitMart also provides a user-friendly interface, ideal for beginners. The platform’s simple “Buy & Sell” option enables quick cryptocurrency purchases.
BitMart’s mobile app mirrors the desktop experience, allowing smooth trading on the go, though some advanced trading tools may be hidden within menus.
Overall,Both platforms excel in user experience, but BitMart is slightly more beginner-friendly, whereas Bybit offers more advanced customization for experienced traders.
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Cryptocurrency Selection
Bybit supports +650 cryptocurrencies, including popular assets like Bitcoin, Ethereum, and various altcoins.
The exchange also has a specialized focus on NFTs and Web3, adding more options for crypto enthusiasts. Bybit’s ability to trade in spot, margin, and futures markets further increases its appeal.
BitMart offers a broader selection, with +1,400 cryptocurrencies, including newer and lesser-known tokens.
The platform is particularly favored by altcoin traders due to its variety. BitMart also supports NFTs and provides early access to token sales, further expanding its offerings.
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Trading Crypto Features & Experience
Bybit excels in advanced trading, offering a range of tools like customizable charting, high-leverage futures, and margin trading.
The platform's Copy Trading feature allows beginners to follow successful traders, while its Trading Bots provide automated strategies for users who prefer hands-off management.
BitMart also provides futures trading with leverage but caps it at 100x, slightly higher than Bybit’s maximum of 50x.
It offers Spot Trading, Margin Trading (up to 5x), and access to new projects via BitMart Launchpad, making it a good choice for those seeking variety in their trades. However, it lacks advanced bots or copy trading.
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Staking Options and Rewards
Bybit offers a diverse range of staking options through its ByFi Center, including flexible and fixed-term staking.
Users can stake over 190 cryptocurrencies, including USDT, ETH, and SOL, with APYs that vary based on the asset and term length.
BitMart provides staking services with competitive APYs on a selection of cryptocurrencies. The platform supports staking for over 50 assets, including ETH, BNB, and SOL. APYs vary, with some assets offering up to 8.5% APY.
BitMart also features a Rewards Hub, where users can participate in staking campaigns and earn additional rewards.
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DApps and Web3 Integration
Bybit has made significant strides into Web3, integrating with decentralized applications (dApps).
Users can interact with DeFi protocols and blockchain games directly from the platform, which is ideal for those wanting to explore the growing decentralized finance space.
BitMart offers some Web3 features, like access to NFTs and initial token offerings, but it isn’t as deeply integrated with dApps or decentralized finance.
Its Web3 features are more basic, making it less suitable for advanced Web3 users but a good choice for NFT collectors and early-stage investors.
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Wallet Options
Bybit offers users a comprehensive wallet system, supporting both hot and cold storage options. The platform provides a secure environment for storing a wide range of cryptocurrencies.
BitMart also offers a secure wallet system, supporting numerous cryptocurrencies. The platform employs industry-standard security measures, including 2FA and cold storage for the majority of user funds.
However, it's worth noting that BitMart does not publicly disclose its proof of reserves, which may be a consideration for some users.
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Trading Bots and Automation
Bybit offers automated trading through its Trading Bots, including the Spot Grid Bot and Dollar-Cost Averaging (DCA) Bot.
These bots allow users to automate their trading strategies, reducing the need for constant market monitoring.
BitMart does not offer native trading bots. However, users can utilize third-party services to implement automated trading strategies.
The platform provides an API for developers to create custom trading solutions, offering flexibility for advanced users.
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Security Measures And Past Hacks
Bybit has implemented robust security measures, including cold storage for the majority of user funds, 2FA, and withdrawal whitelist settings.
However, in February 2025, Bybit suffered a significant security breach resulting in the theft of approximately $1.5 billion in digital assets, primarily Ethereum.
BitMart experienced a significant security breach in December 2021, resulting in the loss of approximately $196 million in user funds.
The exchange reimbursed affected users and has since strengthened its security measures. However, the incident raised concerns about its security practices.
Who Should Consider Bybit Exchange?
Bybit is an ideal choice for experienced traders and those looking for advanced features and high leverage. Its wide range of trading tools caters to professional investors.
Experienced Traders: Advanced features like margin trading, futures contracts, and customizable charting tools suit seasoned traders.
Leverage Seekers: Bybit offers up to 100x leverage on certain trading pairs, making it appealing for those seeking higher risk/reward.
NFT Enthusiasts: Bybit’s NFT marketplace is a great option for users looking to buy, sell, or showcase digital collectibles.
Advanced Security Features: With cold storage, 2FA, and withdrawal whitelists, Bybit provides strong security for serious traders.
Which Investors & Traders May Prefer BitMart Exchange?
BitMart is suitable for those looking for a wide variety of cryptocurrencies and a beginner-friendly platform. It’s also a good choice for altcoin investors.
Altcoin Investors: With over 1,400 digital assets, BitMart is perfect for traders interested in diverse altcoins and newly launched tokens.
Beginners: The simple interface and user-friendly app make BitMart an ideal choice for newcomers to the crypto world.
Fiat Users: BitMart offers various fiat deposit options via PayPal, credit cards, and more, making it accessible for fiat investors.
NFT & Token Sale Enthusiasts: BitMart’s early access to tokens and NFTs caters to investors seeking emerging markets.
Bottom Line
Bybit shines with its advanced trading tools, high leverage options, and NFT marketplace, making it an excellent choice for professional traders.
BitMart, on the other hand, offers a broader selection of cryptocurrencies, is ideal for altcoin traders, and provides a user-friendly experience for beginners looking to enter the crypto market.
