Bybit vs Bitget: fees, copy trading and MiCA status compared

For anyone living in the EU, the Bybit vs Bitget question has a clear answer: choose Bybit. Bybit serves the European Economic Area through Bybit EU GmbH, which Austria’s Financial Market Authority (FMA) authorised under MiCA on 28 May 2025. Bitget has no MiCA licence: Bitget EU has applied to the same regulator, but its terms bar Germany, France and Austria, and attackers drained part of its wallets on 24 September 2026. Outside the EU, Bitget’s global platform is cheaper for spot trades and built around copy trading, while Bybit’s European offer is a licensed spot exchange without derivatives.

We checked both exchanges’ fee pages, terms, licence registers and incident notices on 23 October 2026, and every number on this page comes from those checks. For the full picture, read our Bybit review and Bitget review. Crypto-assets are highly volatile, and you can lose everything you put in. Nothing here is investment advice.

Bybit vs Bitget at a glance

The decisive difference between Bybit and Bitget is the licence, not the fee table. Bybit EU is a MiCA-licensed crypto exchange for spot trading with euros; Bitget is an unlicensed (in the EU) futures and copy trading platform with lower fees.

Key differences in short:

• EU licence: Bybit EU is authorised by Austria’s FMA; Bitget EU has only applied.
• Spot fees: a flat 0.25% at Bybit EU, against 0.10% at Bitget (0.08% with BGB).
• Futures and copy trading: not offered on bybit.eu; Bitget’s global platform offers both, without EU authorisation.
• Coins: 100+ on Bybit EU, about 500 on Bitget’s main market.
• Security: both have suffered major hacks, Bybit in February 2025 and Bitget in September 2026.

Choose Bybit or choose Bitget?

Check whether an exchange is allowed to serve you before you compare features. If you live in the EU, that check leaves only Bybit; if you live in the US, it leaves neither.

Choose Bybit if you…

• live in the EU and want a MiCA-licensed spot exchange. The downside: 0.25% per trade is higher than Bitget’s headline fee.
• want to pay in euros by bank transfer or card, with no Bybit EU deposit fee. The downside: SEPA withdrawal and crypto withdrawal fees are only shown once you are logged in.
• want a Bybit card for spending. The downside: we could not find the card’s fees on Bybit EU’s public pages.
• value a regulator you can complain to in the EU. The downside: the Bybit group’s 2025 hack and its fines in the Netherlands and India.

Choose Bitget if you…

• live outside the EU, the US and the UK and want the lower 0.10% spot fee. The downside: no EU licence and a large hack in September 2026.
• want copy trading with spot, futures and bot strategies. The downside: copied strategies can lose money fast, and the service runs without any EU authorisation.
• are an advanced trader who trades futures and wants published entry fees of 0.02% maker and 0.06% taker. The downside: most retail traders who use leverage lose money.

Who should avoid Bitget: anyone in the EU, anyone in the US, and anyone who isn’t comfortable with an exchange that is still resolving a hack.

How we compared this crypto exchange pair

This Bybit vs Bitget comparison uses official documents only: fee schedules, terms of use, regulator registers, ESMA’s interim MiCA register and each exchange’s incident notices. We did not open accounts or place trades, so this page doesn’t rate the trading interface, app screens or support response times.

Both companies run more than one platform, and that matters. Bybit’s figures here are for Bybit EU (bybit.eu), not the global Bybit site; the global platform offers derivatives that are not part of the EU offer. Bitget’s trading features and fees are those of its global platform, because there is no operating Bitget EU service.

Bybit vs Bitget: regulation and European availability

Bybit EU is licensed under MiCA and available across the EEA except Malta; Bitget is not licensed anywhere in the EU. Since 1 July 2026 only MiCA-authorised providers may offer crypto services to EU residents, so this is the deciding factor for European readers.

Bybit EU’s MiCA licence

Bybit EU GmbH (FN 636180i), based in Vienna, holds a MiCA authorisation for custody, exchange of crypto for funds and for other crypto, placing and transfer services. It is passported to the EEA, including the Netherlands, Germany, Belgium and Ireland, with Malta excluded. In August 2026 the FMA also licensed Bybit Payments GmbH as an electronic money institution. Outside the EU, Bybit holds a virtual asset platform licence from the UAE’s SCA (October 2025). Bybit EU is not available to nationals of the US, Malta, Russia and several other countries.

Bitget’s pending application and country bans

Bitget confirmed on 2 July 2026 that Bitget EU applied to the FMA for authorisation, but it does not appear in ESMA’s register file of 22 October 2026, and we don’t know when or whether a licence will follow. Its terms of use, updated 20 October 2026, list Austria, France, Germany and the US as prohibited countries. Bitget stopped new sign-ups from France and Germany on 16 January 2026 and ended all services for French residents on 31 March 2026. Its licence page lists non-EU registrations only, such as AUSTRAC in Australia, El Salvador and Mauritius, plus a UK arrangement with an FCA-authorised partner.

Netherlands, Germany, Belgium and Ireland

Bybit is available in all four countries through Bybit EU; Bitget is barred in Germany and unlicensed in the other three. Bitget’s terms don’t list the Netherlands, Belgium or Ireland, but without MiCA authorisation it cannot lawfully serve them. Bybit has its own Dutch history: De Nederlandsche Bank fined Bybit Fintech Limited €2.25m in 2024 for serving Dutch clients without registration until September 2023.

Don’t use a VPN or a false address to reach an exchange that isn’t licensed where you live. You lose the protection of the licence, and the account can be frozen.

Bybit vs Bitget spot trading fees

Bitget has the lower headline spot fees: 0.10% maker and taker, or 0.08% with the 20% BGB discount. Bybit EU charges a single rate of 0.25% for both maker and taker orders, introduced on 5 October 2026 for accounts with less than 100,000 USDC of 30-day trading volume.

Here is what that means for realistic orders:

On €1,000, Bitget is €1.50 cheaper per trade, or €1.70 with BGB. That saving only exists for readers Bitget can serve. For EU residents, Bybit EU’s spot fees are the ones that apply.

Fee discounts for active traders

Both exchanges cut fees as monthly volume grows. Bybit’s EU rate falls to 0.15% at higher non-VIP trading volume and to 0.045% at its top Supreme VIP tier. Bitget’s VIP tiers depend on 30-day volume, asset balance or BGB holdings, and it adds token discounts for paying in BGB. Token discounts look attractive, but buying BGB just to save fees exposes you to that token’s price, which can fall faster than the few euros you save. For most readers investing €50 to €1,000 a month, token discounts matter less than the entry rate.

Deposits, withdrawals and the full cost

Bybit EU says it charges no fee on fiat deposits, although your payment provider may charge its own. It supports card and wallet top-ups (Visa, Mastercard, Apple Pay and Google Pay) in Germany, the Netherlands, Belgium and Ireland, among other EEA countries, plus euro and Polish zloty. Its SEPA withdrawal and crypto withdrawal fees are shown only in the logged-in withdrawal window, so we can’t quote them.

Bitget listed a bitcoin withdrawal fee of 0.00002 BTC on the Bitcoin network on 23 October 2026. We could not verify its euro SEPA or card fees for EEA residents.

A worked example for an EU reader on Bybit EU: deposit €1,000 by SEPA (no Bybit fee), buy bitcoin (€2.50), and sell it later at the same price (about €2.50). That is about €5.00 in trading fees, plus whatever SEPA withdrawal fee your account shows.

Bybit vs Bitget futures trading and futures fees

Neither exchange offers derivatives trading to EU residents under an EU licence. Bybit EU’s offer is spot-only, with spot margin; the derivatives market on Bybit’s global platform is not part of bybit.eu. Bitget’s global platform offers USDT-M perpetual futures, but not under any EU authorisation.

Bitget’s futures fees at the entry tier (VIP 0) are 0.02% maker and 0.06% taker, a futures taker rate that applies whenever your order fills immediately. Fees are charged on the full position, not on the margin you put up:

• €1,000 position, taker in and out: €0.60 to open plus €0.60 to close, or €1.20 in total.
• €1,000 position, maker in and out: €0.20 plus €0.20, or €0.40.
• With 10x leverage: €100 of margin controls that €1,000 position. A 10% price move against you would cost €100, the whole margin, and the exchange will usually liquidate the position before it gets there.

We did not check the futures fees on Bybit’s global platform for this page, so we don’t compare its futures taker fee with Bitget’s. Active futures traders and other derivatives traders outside the EU should compare both current futures taker and maker schedules for their country, including funding rates, before choosing.

Bybit vs Bitget copy trading

Bitget is the stronger copy trading platform: its global site offers spot copy trading, futures copy trading and bot copy trading. Bybit EU’s copy trading is not confirmed: copy trading appears in Bybit’s global help centre but not in the EU one. So for Bybit vs Bitget copy trading, only Bitget has a confirmed offer, and only outside the EU.

Copy trading means your account automatically copies the trading strategies of other users, usually called lead traders. You choose a trader, set an amount, and their trades are repeated in your account. It is a form of automated trading, and the same applies to bots that run automated strategies for you.

Copy trading risks and controls

Copy trading looks passive, but you carry the full risk of every trade. A lead trader’s past results say nothing about the next month, many copied strategies use leverage, and a losing streak hits every follower at once. Before you copy anyone:

• set a fixed maximum amount per trader, and never more than you can afford to lose;
• check how deep the trader’s worst losing period was, not just the total return;
• avoid strategies with high leverage, which magnify losses;
• know how to stop copying and close positions quickly.

Bitget’s copy trading runs without EU authorisation, and Bitget ended it for French residents along with every other product in March 2026. EU readers should not use it.

Bybit vs Bitget: markets, coins and trading pairs

Bitget lists far more coins: about 500 base assets on its main market, out of roughly 3,500 spot trading pairs in its public API, most of which sit in a separate zone outside the main market. Bybit EU lists 100+ coins; its public spot API showed 108 base coins on 23 October 2026.

For spot trading in bitcoin, ether and the larger altcoins, Bybit’s EU spot market is enough. Bitget’s wider list matters mainly to experienced traders hunting small or newly listed tokens, which are also the riskiest. Bybit EU supports euro and Polish zloty; Bitget’s spot markets list the euro.

Spot margin, advanced trading and risk controls

Bybit EU offers spot margin trading, which lets you borrow to buy more than your balance. Its spot-margin insurance fund is fed by a 2% liquidation fee, so being liquidated costs you extra on top of your loss. Bitget offers margin on its global platform.

Margin is still leverage, and crypto trading with borrowed money is not for beginners. Use the risk controls each platform offers, such as stop-loss orders, as a risk management tool, keep position sizes small, and remember that a stop-loss can fill at a worse price in a fast market. Good risk management strategies start with deciding how much you can lose before you open a trade.

Bybit vs Bitget security: proof of reserves and the protection fund

Both exchanges have suffered major hacks, so neither wins on track record. Hacks have hit even the top crypto exchanges, which is why it matters how each one holds user assets. Both publish proof of reserves, and Bitget also runs a large protection fund.

Bybit’s 2025 hack

On 21 February 2025 about $1.5bn in ETH was stolen from Bybit’s wallets. The FBI attributed the theft to North Korea, under the name “TraderTraitor”. Bybit maintains a Merkle-tree proof of reserves with published wallet addresses; the latest snapshot we found was dated 23 September 2026. Bybit EU’s published insurance fund is for spot margin trading.

Bitget’s 2026 hack

On 24 September 2026 attackers drained part of Bitget’s hot and warm wallets. The loss was first estimated at $351.6 million and later reported as $387.5 million. Bitget paused withdrawals and said its User Protection Fund, stated at over $464 million in the incident notice, covers the loss. We could not confirm the final loss figure, when all withdrawals resumed or the fund’s current balance. Bitget publishes monthly proof of reserves using a Merkle tree, with its platform reserves and reserve ratio.

What proof of reserves does not prove

Proof of reserves shows that an exchange held certain assets at one moment. It does not prove that the exchange has no other debts, and it says nothing about tomorrow. A protection fund is not deposit insurance either: the exchange runs it itself, and it is not a guarantee scheme. Crypto is not covered by EU investor compensation schemes.

Protect your own account on any exchange: use an authenticator app for two-factor authentication, turn on withdrawal address allow-lists, send a small test withdrawal before large amounts, and keep long-term holdings in your own wallet.

Regulatory track record

Bybit’s record now includes an EU licence; Bitget’s includes several European exits. The main entries:

• Bybit: settled the FTX estate’s lawsuit for about $228m over pre-collapse withdrawals by its investment arm Mirana (2024); fined €2.25m by DNB for serving Dutch clients without registration (2024); fined ₹9.27 crore by India’s Financial Intelligence Unit (2025); authorised under MiCA by Austria’s FMA (May 2025).
• Bitget: blacklisted by France’s AMF on 7 November 2023 for providing services without registration, removed on 9 July 2026; paused new UK users in May 2024 after FCA rule changes; stopped sign-ups from France and Germany in January 2026 and left France on 31 March 2026.

Apps, support and products beyond trading

Bybit publishes more about its EU service. It offers 24/7 customer support with case and complaint submission through its help centre, requires identity verification (an ID document and a selfie) for fiat deposits, Earn and higher withdrawal limits, and offers Earn products and the Bybit card. Bybit reports more than 80 million users worldwide.

Bitget has an app and an API for API trading on its global platform, plus staking. We could not verify its support channels, KYC tiers or Bitget Card availability for EEA residents. Treat any staking or Earn product on either exchange as an investment with risk: rewards change and the coins can fall in value.

Bybit vs Bitget: which platform suits your trading style?

Your country decides first, your trading style second. By reader:

• EU beginner investing €50–500 a month: Bybit EU, at €0.25 per €100 buy. If you want lower fees inside the EU, compare Bybit vs Gate, where Gate EU charges 0.10%.
• EU user who wants a card and an app in one: also compare Bybit vs Crypto.com.
• EU trader who wants futures or copy trading: neither offers them to you under an EU licence. Don’t use Bitget from the EU.
• Spot trader outside the EU, the US and the UK: Bitget is cheaper on spot fees and lists more coins, if you accept the September 2026 hack.
• Copy trader outside the EU: Bitget has the confirmed copy trading features, with all the risks above.
• US resident: neither. Bybit excludes US persons and Bitget lists the US as prohibited.

Who should look elsewhere: professional traders who need EU-regulated derivatives, and anyone who wants an exchange without a recent major hack. Compare other licensed exchanges, for example in our Binance vs Bybit comparison.

Final Bybit vs Bitget verdict

Bybit wins the Bybit vs Bitget comparison for anyone in the EU, because Bybit remains the only one of the two licensed under MiCA. Bitget offers lower spot fees, more coins and a full copy trading menu on its global platform, but it has no EU licence, it bars Germany, France and Austria, and its September 2026 hack is still being resolved. Bybit carries its own $1.5bn hack from 2025. Whichever you use, send a small test withdrawal first, keep only what you actively trade on the exchange, and remember that crypto can lose its entire value.