Bybit
Crypto exchangeBybit is the second-largest crypto exchange by volume worldwide, headquartered in Dubai with active licenses in the UAE and the EU. In February 2025 it suffered the largest fund theft ever recorded on a crypto exchange (~$1.5B, attributed to North Korea), but covered the shortfall within 72 hours without any user losing funds. Its Trustpilot rating (3.1/5) is lower than its direct competitors'.
Available instruments
Sede global en Dubái (BVI como entidad corporativa) — licencias VARA y SCA en EAU, MiCAR en Austria (UE); no opera en EE. UU.
Sin mínimo
Comisión spot desde 0.1% (maker/taker), menor con volumen o pagando con su token
Verified data · last reviewed August 5, 2026
Pros
- Second-largest exchange by volume globally, high liquidity
- Active regulatory licenses in the UAE (VARA + SCA) and the EU (MiCAR via Austria)
- After the $1.5B hack in February 2025 (the largest in crypto history, attributed to North Korea's Lazarus Group), it covered the shortfall with bridge loans and its own reserves within 72 hours — no user lost funds and withdrawals never stopped
Cons
- 3.1/5 rating on Trustpilot — lower than Binance, Coinbase, Kraken, or OKX
- Not available to users in the United States, mainland China, or Hong Kong
- Suffered the largest fund theft ever recorded on a crypto exchange (~$1.5B, Feb. 2025); even though it covered the entire shortfall, the incident itself is a real security track record to weigh
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