When it comes to choosing a reliable and feature-rich cryptocurrency exchange, two platforms consistently rank among the global top 10 by spot trading volume: Bybit and OKX. Both offer robust trading tools, competitive fees, and strong security measures—making them top contenders for traders worldwide, including in Europe.
This in-depth comparison explores key aspects such as trading features, available assets, fee structures, EUR and USDT trading pairs, staking opportunities, and overall user experience. We’ll also briefly touch on Bitvavo, a popular local exchange in Europe, to help you determine which platform best fits your needs.
Whether you're a beginner or an experienced trader, this guide will help you make an informed decision—without bias or promotional fluff.
Spot Trading: Asset Selection & Market Pairs
One of the first things traders look at is how many cryptocurrencies are available and in which trading pairs.
- Bybit offers access to 277 crypto assets, primarily traded against USDT and USDC (with no fees for USDC pairs), and BTC. However, its selection of EUR trading pairs is limited, which may be a drawback for European users.
- OKX supports over 350 cryptocurrencies, giving it a broader asset selection. More importantly, OKX offers significantly more EUR trading pairs than Bybit—making it more convenient for euro-based traders who want to avoid currency conversion.
👉 Discover a platform with deep liquidity and extensive EUR support for seamless crypto trading.
Both platforms provide intuitive spot trading interfaces with advanced charting tools, order types (limit, market, stop-loss), and real-time data. If you prioritize variety and direct euro access, OKX has the edge. But if you're comfortable using stablecoins like USDT, Bybit remains highly competitive.
Advanced Trading Tools & Features
While both exchanges support core spot trading, their advanced offerings differ slightly.
Bybit Features:
- Spot Grid Trading: Automate buy-low, sell-high strategies ideal for sideways markets.
- Dollar-Cost Averaging (DCA): Schedule recurring purchases to reduce timing risk.
- OTC & Pre-Market Trading: High-volume traders can execute large orders off-market at competitive rates. Pre-market access allows early participation in new token launches.
- SpotX: Gain early access to upcoming tokens, airdrops, and exclusive rewards.
OKX Features:
- Liquid Marketplace (OTC): Institutional-grade over-the-counter trading with deep liquidity and negotiated pricing.
- P2P Trading: Trade directly with other users in your local currency, increasing flexibility.
- Convert Feature: Instantly swap between cryptocurrencies with no order book delays.
Both platforms support one-click conversions and recurring buys via SEPA, iDEAL, credit card, and other popular deposit methods.
For traders seeking automation and early-mover advantages, Bybit’s toolset is slightly more comprehensive. However, OKX stands out with its P2P functionality and stronger OTC services, appealing to both retail and institutional users.
Earning Opportunities: Staking & Passive Income
Passive income through staking and lending is a major draw for long-term holders.
Both Bybit Earn and OKX Earn offer:
- Flexible and fixed-term staking
- Off-chain yield products
- Support for hundreds of tokens
- Competitive APYs across multiple networks
These programs are more diverse than those offered by traditional exchanges like Coinbase or Kraken. You can stake everything from major coins like ETH and BTC to niche DeFi and RWA tokens.
While both platforms are comparable in scope, OKX often features exclusive staking campaigns and higher yields on select assets. That said, Bybit’s interface for managing earning products is slightly more user-friendly for beginners.
If maximizing returns on idle assets is important, consider comparing current APYs on both platforms regularly—rates change frequently based on market demand.
Trading Fees: Who Offers Better Value?
Low fees matter—especially for active traders.
| Platform | Maker Fee | Taker Fee | Volume Tiered? |
|---|---|---|---|
| Bybit | 0.150% | 0.250% | Yes |
| OKX | 0.140% | 0.230% | Yes |
At standard levels (for €0–€20,000 monthly volume), OKX offers slightly lower fees than Bybit. Both reduce fees as your trading volume increases or based on your account tier (e.g., VIP status).
Additionally:
- Bybit waives fees on USDC trading pairs.
- OKX includes fee discounts through its native token (OKB).
👉 Compare live trading fees and unlock lower rates with high-volume benefits.
For cost-conscious traders, these small differences add up over time. If you trade frequently in euros or use OTC services, OKX’s pricing model may save you more in the long run.
Security & Transparency
Trust is non-negotiable when storing digital assets.
Bybit Security Measures:
- Proof of Reserves (PoR)
- Real-time monitoring
- Cold and hot wallet separation
- Mandatory 2FA and anti-phishing codes
- GDPR-compliant data protection
OKX Security Features:
- Proof of Reserves
- Cold storage for 95%+ of funds
- “OKX Risk Shield” insurance fund
- 24/7 surveillance and threat detection
- User authentication protocols
Both exchanges have strong track records with no major breaches reported. They also offer responsive customer support via live chat and help centers.
In terms of transparency, OKX goes a step further with its dedicated risk reserve fund, adding an extra layer of protection for users—a feature not currently matched by Bybit.
Bitvavo vs Bybit vs OKX: A Local Alternative
While Bybit and OKX dominate globally, Bitvavo holds strong ground in Europe—particularly among Dutch and Scandinavian users.
Key advantages of Bitvavo:
- Fully licensed under Dutch financial regulations
- Hundreds of EUR trading pairs
- High euro liquidity
- Simple KYC process
- Strong security practices
For traders who prioritize local compliance, euro integration, and ease of use, Bitvavo is a solid alternative—even if it lacks some of the advanced tools found on Bybit or OKX.
However, for those wanting access to global markets, deeper features, or early token opportunities, international exchanges like Bybit and OKX remain superior choices.
Frequently Asked Questions (FAQ)
Q1: Can Swedish residents use Bybit and OKX?
Yes. Both platforms allow users from Sweden to sign up and trade after completing KYC verification. However, certain derivatives like futures and leverage trading are restricted for EU residents due to MiCA regulations.
Q2: Which exchange has better EUR support?
OKX offers more EUR trading pairs than Bybit. For euro-based traders looking to minimize conversion fees, OKX—and especially Bitvavo—are better suited.
Q3: Are Bybit and OKX safe?
Yes. Both exchanges implement industry-standard security practices including Proof of Reserves, cold storage, 2FA, and continuous monitoring. Neither has suffered a major hack to date.
Q4: Do they offer mobile apps?
Yes. Both Bybit and OKX have highly rated iOS and Android apps with full functionality, including spot trading, earn products, and account management.
Q5: Can I automate crypto purchases?
Yes. Both platforms support recurring buys (DCA), allowing you to invest fixed amounts daily, weekly, or monthly—ideal for long-term accumulation strategies.
Q6: Is there a Web3 wallet on both platforms?
Yes. Both Bybit and OKX provide integrated Web3 wallets that support decentralized applications (dApps), NFTs, and multi-chain interactions—making it easy to bridge centralized and decentralized finance.
Final Verdict: Bybit or OKX?
Here’s the bottom line:
Choose Bybit if:
- You want the most comprehensive set of trading tools
- You prefer USDT/USDC pairs
- You’re interested in grid trading, pre-market access, or automated strategies
- You're comfortable navigating international platforms
Choose OKX if:
- You trade primarily in euros
- You value lower trading fees
- You want more cryptocurrency options and better EUR liquidity
- You appreciate P2P trading or institutional-grade OTC services
👉 Start trading on a secure, low-fee exchange with global reach today.
Ultimately, both are excellent platforms with minor trade-offs. Many serious traders maintain accounts on both to take advantage of unique features and pricing differences.
For maximum euro convenience and regulatory clarity, consider pairing either with Bitvavo as a local gateway before transferring funds internationally.
No matter your choice—always prioritize security, understand the fees, and align the platform’s strengths with your personal trading goals.