As the cryptocurrency market continues to evolve in 2025, traders are increasingly searching for reliable, feature-rich, and user-friendly exchanges to execute their trades. Among the many contenders in the market, BYDFi and Bybit have emerged as two popular platforms offering a wide range of services to retail and professional traders alike. Both platforms provide access to spot and derivatives trading, and each has its own set of strengths and weaknesses. In this article, we provide a comprehensive comparison of BYDFi vs Bybit to help you determine which exchange is better suited for your trading needs in 2025.
Overview of BYDFi and Bybit
BYDFi (formerly BitYard) is a Singapore-based cryptocurrency exchange that markets itself as a simple and user-friendly platform for global users. Known for its accessible interface and straightforward functionality, BYDFi vs Bybit review is targeted more towards beginner and intermediate traders. The platform supports spot, perpetual contracts, copy trading, and some innovative features like tokenized indexes and demo trading.
Bybit, on the other hand, is a global cryptocurrency exchange founded in 2018 and headquartered in Dubai. Initially known for its strong derivatives offerings, Bybit has expanded aggressively into spot trading, staking, launchpads, copy trading, and even Web3 wallets. It’s a go-to platform for professional and high-frequency traders due to its robust trading engine and high liquidity.
User Interface and Experience
BYDFi takes pride in its minimalist and intuitive design. It has a clean interface that is easy to navigate, making it ideal for newcomers. Users can switch between spot and derivatives with ease, and features like copy trading are seamlessly integrated. Its mobile app is equally streamlined, offering a consistent experience across devices.
Bybit, while more feature-rich, has a slightly steeper learning curve due to its extensive offerings. However, once acclimated, users will find a polished and responsive interface, complete with advanced charting tools from TradingView, multi-chart layouts, and custom order types. The mobile app mirrors this complexity but remains user-friendly for experienced traders.
Winner: BYDFi for beginners, Bybit for advanced users.
Trading Features
Spot and Derivatives Trading
- BYDFi supports spot trading, lite contracts (CFD-style), and perpetual contracts with up to 100x leverage. However, its derivatives liquidity is comparatively lower than major exchanges.
- Bybit offers deep liquidity for perpetual contracts and a growing spot market. Traders can access leverage up to 125x on BTC perpetuals and a wide variety of crypto pairs.
Copy Trading
- BYDFi allows users to follow top traders with just a few clicks. It is one of the platform’s flagship features, especially useful for beginners.
- Bybit has also introduced copy trading with a larger pool of master traders, more transparent performance stats, and risk management settings.
Margin and Leverage
- BYDFi provides limited options for margin trading beyond its leveraged contracts.
- Bybit offers isolated and cross-margin modes with advanced risk controls, making it more suitable for professional traders.
Winner: Bybit for feature depth and trading flexibility.
Supported Assets
BYDFi supports over 400 cryptocurrencies, including many new and small-cap tokens. It is one of the platforms with the widest range of assets, making it attractive for altcoin traders and those looking to diversify.
Bybit has significantly expanded its listings and now supports over 500 tokens in spot and derivatives markets. However, the listing standards are stricter, and the focus is on liquidity and project quality.
Winner: BYDFi for variety, Bybit for quality and depth.
Fees and Costs
BYDFi has a transparent fee structure. Spot trading fees start at 0.1%, while contract trading fees are fixed at 0.05% for both makers and takers. There are no deposit fees, but withdrawal fees can vary depending on the token.
Bybit offers a more competitive fee structure for high-volume traders. Spot trading fees start at 0.1% for both makers and takers, but VIP users enjoy discounts. Derivatives trading offers 0.01% for makers and 0.06% for takers, which is more favorable.
Winner: Bybit, especially for active traders.
Security
BYDFi uses industry-standard security practices, including cold wallet storage, multi-signature wallets, and regular audits. However, it hasn’t faced any major public scrutiny or third-party audits compared to top-tier exchanges.
Bybit has a stronger track record when it comes to security. It employs multi-layered infrastructure, 100% cold wallet storage, two-factor authentication (2FA), and regular penetration testing. It also offers insurance funds for derivatives markets to prevent clawbacks.
Winner: Bybit for institutional-grade security.
Regulatory Compliance
As regulations tighten in 2025, compliance is becoming a more important factor for traders.
BYDFi operates in a more relaxed regulatory framework and is registered in several jurisdictions. However, it does not provide services to residents of the U.S., Singapore, or certain other restricted countries.
Bybit has been proactively working toward regulatory compliance. It holds licenses in several regions and has introduced KYC requirements, compliance disclosures, and partnerships with regulatory technology providers.
Winner: Bybit, especially for users who value regulatory clarity.
Customer Support
BYDFi offers 24/7 support via live chat and email. It also provides an extensive FAQ section and learning center aimed at beginners.
Bybit provides multilingual customer support through live chat, email, and even social media. Their Help Center is robust, and the exchange frequently runs AMAs, tutorials, and real-time support webinars.
Winner: Bybit, for responsiveness and depth of support.
Additional Features
BYDFi:
- Demo trading with virtual funds
- Crypto indexes (e.g., DeFi index)
- Easy fiat deposits via third-party processors
Bybit:
- Launchpad for early token access
- Dual investment and earn products
- Web3 wallet integration and NFT marketplace
- Trading bots and advanced analytics tools
Winner: Bybit, for its all-in-one ecosystem.
Conclusion: Which Is Better in 2025?
Both BYDFi and Bybit bring unique strengths to the table, and the choice ultimately depends on your trading goals and experience level.
| Feature | BYDFi | Bybit |
| User-Friendliness | ✔️ Beginner-Friendly | ⚠️ Advanced, Feature-Rich |
| Spot & Derivatives | ⚠️ Limited Liquidity | ✔️ High Liquidity |
| Fees | ⚠️ Simple Structure | ✔️ Competitive for Volume |
| Copy Trading | ✔️ Simple Interface | ✔️ Advanced Controls |
| Token Variety | ✔️ Many Altcoins | ✔️ Top Projects |
| Security & Regulation | ⚠️ Basic Standards | ✔️ Industry-Leading |
| Extra Features | ⚠️ Limited | ✔️ Rich Ecosystem |
Choose BYDFi if you’re new to crypto, want an easy-to-use interface, or enjoy copy trading and exploring new tokens.- Choose Bybit if you’re an experienced trader seeking high liquidity, low fees, powerful features, and long-term platform growth.
In 2025, Bybit edges out BYDFi in most categories, making it the better all-around exchange for serious traders. However, BYDFi remains a strong contender for beginners and those who prefer a simplified trading experience.