Centralized exchange · since 2018 Dubai-based centralized exchange founded in 2018, known for derivatives and spot trading.
New users: Welcome Gift: up to $100 in bonuses for new users
Claim on Bybit ↗
Centralized exchange · since 2017 Global centralized exchange launched in 2017, offering spot, margin, futures, trading bots and earn products.
New users: New-user welcome rewards (USDT and coupons) worth up to 3,200 USDT
Claim on KuCoin ↗
BybitKuCoin
Trading fees (base tier)
Spot maker0.1%0.1%
Spot taker0.1%0.1%
Futures maker0.02%0.02%
Futures taker0.055%0.06%
Markets (live)
Coins listed8921,065
Coins with perpetuals797682
Coins with spot pairs397844
24h volume$17.96B$3.93B
Coins only here703 coins trade on both189362
New listings (detected live)
Last 30 days05
Last 90 days05
Perpetuals listed on both
Cheaper on more coinsof 604 shared perps, by mid price286 coins294 coins
Average funding (24h)positive = longs pay shorts+0.003%+0.016%
Typical price gapmedian between the two venues0.067%0.067%
Safety and access
Proof of reservesYes · regular (roughly monthly) · HackenYes · monthly · Hacken
Licenses1EU: MiCA crypto-asset service provider authorisation from Austria's FMA (May 2025)3EU: MiCA authorisation via KuCoin EU (Austria), Australia: AUSTRAC digital currency exchange registration, Thailand: licensed exchange under the Thai SEC
Restricted regions12 regionsUnited States, Canada, Chinese Mainland, Hong Kong, Singapore…11 regionsUnited States, Mainland China, Hong Kong, Singapore, Malaysia…
HeadquartersDubai, United Arab EmiratesNo single official HQ; global operator historically Seychelles-registered (Peken Global Limited); current global Terms of Use are governed by Turks and Caicos Islands law
Exchange token—KCS
Incidents on record14
Bybit or KuCoin?
Bybit and KuCoin are compared here on what matters when you choose where to trade: base trading fees, how many coins each lists, how quickly they add new ones, perpetual prices and funding on the coins both list, and safety signals such as proof of reserves and restricted regions. Live numbers update from the exchanges' public market data; fees and policies were checked against each exchange's own pages.
Bybit lists 892 coins and KuCoin 1,065. 703 coins trade on both, 189 only on Bybit and 362 only on KuCoin. In the last 30 days Bybit added 0 new coins and KuCoin 5.
On the 604 perpetual contracts listed on both exchanges, Bybit was cheaper on 286 and KuCoin on 294, with a typical gap of 0.067%. Gaps like these are what the arbitrage scanner tracks; average 24h funding on the shared coins was +0.003% on Bybit and +0.016% on KuCoin.
Fees above are base-tier rates before VIP levels and token discounts; KuCoin offers 3 discount options. Availability depends on where you live, so check the restricted regions before signing up.