Bybit EU Crypto Exchange Review - In‑Depth Look at Fees, Features & Safety
Nov, 9 2024
Bybit EU Fee Calculator
Your Estimated Monthly Trading Costs
Enter your trading volume and volatility level, then click Calculate to see your estimated fees.
Base Rates (Maker/Taker)
0.025% / 0.075%
(These rates apply to all users before volume discounts)
VIP Tier Discounts
After 10M USD 30-day turnover:
- Maker fees drop to 0.00%
- Taker fees reduce to 0.05%
Additional Benefits
- Priority support for VIP members
- Reduced withdrawal fees
- Exclusive webinars
If you’re an EU‑based trader hunting for a platform that blends deep liquidity with a solid regulatory footing, you’ve probably heard the name Bybit EU crypto exchange review floating around. Bybit has been pushing hard on the European scene since it brushed up against the MiCA framework, promising both the flash‑speed of derivatives trading and everyday tools like a crypto debit card. This article breaks down exactly what the exchange offers, how its fees stack up, and whether the security promises hold water.
TL;DR
- Bybit is a leading derivatives‑focused exchange now fully MiCA‑compliant for EU users.
- Spot trading, USDT‑perpetual futures, options, copy‑trading and AI‑driven suggestions are all on the same dashboard.
- Maker‑taker fees start at 0.025%/0.075% and drop with volume; VIP tiers give up to 0.00% maker fees.
- Security includes Proof‑of‑Reserve audits, cold‑wallet storage and multi‑signature controls.
- The Bybit Card lets you spend crypto in euros with up to 10% cashback and zero issuance fees.
What Is Bybit?
Bybit is a cryptocurrency derivatives exchange founded in 2018 that has grown into one of the world’s biggest platforms for perpetual futures and spot trading. Its core audience ranges from beginners looking for a clean UI to professional traders who need high‑leverage contracts and low‑latency order execution. By the end of 2025, Bybit reports daily volumes exceeding $25billion, heavily backed by deep liquidity pools and a growing suite of automation tools.
EU‑Specific Compliance - MiCA
Europe’s Markets in Crypto‑Assets Regulation (MiCA) went live in early 2025, imposing licensing, capital, and consumer‑protection standards on crypto service providers. MiCA compliance means Bybit must maintain audited reserves, keep clear segregation of client funds, and provide transparent fee disclosures for EU residents. The regulator‑approved licence has turned Bybit into one of the few high‑leverage platforms that European users can trust without the legal gray‑area that surrounds many offshore exchanges.
Core Trading Products
- Perpetual Futures - USDT‑denominated contracts for Bitcoin, Ethereum and a dozen altcoins, offering up to 100× leverage.
- Spot Trading - Instant purchase and sale of over 200 crypto assets, with fiat‑on‑ramp support for euros via SEPA.
- Options - European‑style call and put options on major pairs, launched in Q22025.
- Copy Trading lets users mirror the trades of top‑ranked strategists, complete with performance metrics and risk controls.
- Aurora AI provides algorithmic trade suggestions, market sentiment scores and automated execution scripts for hands‑off trading.
All these features sit behind a single, responsive dashboard that works on desktop, iOS and Android. Beginners can stick to the “Easy Trade” mode, while pros can dive into the “Advanced” layout that shows order‑book depth, funding rates and real‑time analytics.
Fee Structure & VIP Tiers
Bybit uses a maker‑taker model that is competitive across the industry. The base rates are:
- Maker: 0.025% per trade
- Taker: 0.075% per trade
Volume‑based discounts kick in once you hit 10millionUSD of 30‑day turnover, lowering maker fees to 0.00% and taker fees to 0.05%. The VIP program also adds perks like priority support, exclusive webinars and reduced withdrawal fees for high‑frequency traders.
Security Measures You Can Trust
Security is a top reason why many traders steer clear of newer platforms. Bybit addresses this with a multi‑layered approach:
- Proof of Reserve audits are published quarterly, showing that client assets match on‑chain balances.
- Cold‑wallet storage holds roughly 95% of funds, with the remainder in hot wallets for liquidity.
- Multi‑signature controls require at least three out of five signatures for any withdrawal over €10,000.
- AI‑driven fraud detection monitors unusual login patterns and transaction spikes in real time.
The platform also offers optional 2‑FA via Google Authenticator, hardware keys or SMS, plus IP‑whitelisting for an extra security lock.
The Bybit Card - Crypto in Your Pocket
One of the most talked‑about EU‑focused products is the Bybit Card, a Visa‑compatible debit card that converts crypto to euros instantly at the point of sale. Key features include:
- Zero issuance fee for EU residents.
- Cashback up to 10% on selected merchants, powered by crypto‑staking rewards.
- Spend limits of €5,000 per day, adjustable via the app.
- Full MiCA compliance, meaning the card’s backing funds are held in a segregated, auditable account.
Users rave that the card bridges the gap between “crypto is an investment” and “crypto is everyday money,” especially when traveling across the Schengen zone.
How Bybit Stacks Up Against the Competition
| Feature | Bybit | Binance | Coinbase |
|---|---|---|---|
| Derivatives Focus | Best‑in‑class perpetual futures, options | Broad range, but higher fees on futures | Limited futures, mainly spot |
| EU Regulatory Status | MiCA‑licensed, full EU compliance | Operating under a crypto‑exchange licence, pending MiCA | MiCA‑compliant, but no high‑leverage products |
| Fee (Maker/Taker) | 0.025% / 0.075% (drops to 0% / 0.05% VIP) | 0.02% / 0.04% (higher for derivatives) | 0.00% / 0.50% (spot only) |
| Crypto Debit Card | Bybit Card - 0€ fee, up to 10% cashback | Binance Card - 7€ fee, 8% cashback | No native card (partner solutions only) |
| Security Audits | Quarterly Proof‑of‑Reserve, cold‑wallet 95% | Monthly audits, ~90% cold‑wallet | Annual SOC‑2, 98% cold‑wallet |
In short, Bybit shines when you need leverage, advanced automation and a card that works across the EU. Binance beats it on raw spot volume, while Coinbase offers the most consumer‑friendly fiat on‑ramp experience but lacks high‑leverage derivatives.
Pros, Cons & Who Should Use Bybit
- Pros
- Deep liquidity for futures, low slippage.
- MiCA licence gives European traders regulatory certainty.
- Integrated AI tools and copy‑trading lower the learning curve.
- Bybit Card turns crypto into spendable euros instantly.
- Cons
- Platform is younger than legacy exchanges; some institutional users prefer older names.
- Spot market fee tier is slightly higher than on Binance for low‑volume traders.
- Traditional finance‑only investors may find the derivatives suite overwhelming.
- Best For
- Active traders who need leverage and fast order matching.
- EU residents who want a regulated environment and a crypto debit card.
- Traders looking to automate strategies via Aurora AI or copy‑trading.
Getting Started - Step‑by‑Step Guide
- Visit the official Bybit website and click “Sign Up”.
- Enter your email, create a strong password, and confirm via the verification link.
- Complete the multi‑level KYC: basic ID verification, followed by a secondary document (utility bill) to unlock EU‑full limits.
- Deposit euros via SEPA or transfer USDT from another wallet; the platform shows real‑time deposit status.
- Navigate to the “Trade” tab. Choose “Perpetual Futures” for leverage or “Spot” for instant purchases.
- Enable two‑factor authentication under “Security” settings for added protection.
- If you want to spend crypto, apply for the Bybit Card in the “Card” section; expect delivery within 7‑10 business days.
- Explore the “Learn” hub for tutorials on using Aurora AI and copy‑trading before committing large capital.
Following these steps should have you up and running within an hour, ready to test the market with a few hundred euros as a pilot trade.
Frequently Asked Questions
Is Bybit really MiCA‑compliant?
Yes. Bybit obtained a MiCA licence in March2025, meaning it meets EU capital, AML and consumer‑protection requirements. The licence is publicly listed on the European Securities and Markets Authority (ESMA) portal.
What is the maximum leverage on Bybit?
Bybit offers up to 100× leverage on its USDT‑perpetual futures for Bitcoin and major altcoins. Leverage caps are lower (20‑50×) for more volatile or lower‑liquidity pairs.
How does the Bybit Card convert crypto to euros?
When you make a purchase, the card’s backend instantly swaps the selected crypto (BTC, ETH, USDT, etc.) to euros at the prevailing market rate, then settles the transaction with the merchant. No hidden conversion fees are charged.
Can I copy‑trade without risking all my capital?
Yes. Bybit’s copy‑trading platform lets you set a maximum allocation per leader, define stop‑loss limits, and pause the feed at any time. This way you can test a strategy with a small fraction of your portfolio.
What are the withdrawal fees for EU users?
SEPA withdrawals are free up to €5,000 per day. For larger amounts, a fee of 0.1% applies, capped at €25. Crypto withdrawals to external wallets cost between 0.0005BTC and 0.001ETH depending on network congestion.
Final Thoughts
Bybit has carved a niche that aligns perfectly with the needs of EU traders who crave high‑leverage derivatives, a regulated environment and practical tools for everyday spending. Its fee structure is transparent, security measures are robust, and the recent addition of the Bybit Card turns crypto into a usable currency without the hassle of third‑party services. If you’re comfortable with a bit of learning curve and want to stay on the cutting edge of automated trading, Bybit is worth a serious look. For pure spot‑only investors, a platform like Coinbase might still feel simpler, but you’ll miss out on the deep liquidity and AI‑driven features that make Bybit stand out in 2025.
Rajini N
November 9, 2024 AT 06:27Bybit’s fee structure is pretty transparent – the base maker fee starts at 0.025 % and the taker at 0.075 %. If you trade enough volume (10 M USD over 30 days) you’ll qualify for the VIP tier, which drops maker fees to zero and taker fees to 0.05 %. The good news for EU users is that these rates are the same across the board thanks to the MiCA licence, so you don’t have to worry about hidden surcharges when you’re using SEPA deposits or the Bybit Card.
Make sure you enable two‑factor authentication and keep the majority of your funds in cold storage; Bybit already stores about 95 % of assets offline, which adds an extra layer of safety.
Jason Brittin
November 9, 2024 AT 17:34Oh great, another exchange promising “zero‑fee” maker trades 🤦♂️. Sure, if you love scrolling through endless tier tables and hoping you’ll ever hit that 10 M USD volume, Bybit’s VIP perks sound like a dream. And the Card? Yep, instant crypto‑to‑€ conversion with “up to 10 % cashback” – because who doesn’t need another reason to spend crypto on coffee? ☕️
Michael Wilkinson
November 10, 2024 AT 04:40Bybit’s fees are a joke unless you’re a high‑roller.
Clint Barnett
November 10, 2024 AT 15:47Bybit has positioned itself as the go‑to platform for European traders seeking both regulatory certainty and high‑leverage products, and the depth of its offering is reflected in the sheer variety of instruments displayed on its dashboard. From perpetual futures that allow up to 100× leverage on BTC and ETH, to spot markets covering more than two hundred crypto assets, the exchange has clearly invested heavily in liquidity provisioning. The MiCA licence, obtained in early 2025, not only satisfies European regulatory requirements but also serves as a marketing badge that distinguishes Bybit from many offshore competitors still grappling with compliance. When it comes to fee structures, the base maker rate of 0.025 % and taker rate of 0.075 % are modest when measured against traditional brokers, yet they remain higher than the sub‑0.01 % rates some rival platforms advertise for low‑volume traders. The VIP tier, triggered after a 30‑day turnover of $10 million, eliminates maker fees entirely and lowers taker fees to 0.05 %, a discount that can translate into substantial savings for active day‑traders. Moreover, Bybit augments its fee reductions with tangible benefits such as priority customer support, exclusive webinars, and reduced withdrawal fees, which together create a more holistic value proposition. Security protocols are robust: quarterly proof‑of‑reserve audits, a 95 % cold‑wallet reserve, and multi‑signature approvals for withdrawals over €10 000 all contribute to a strong risk mitigation framework. The optional two‑factor authentication, hardware‑key support, and IP whitelisting further harden user accounts against unauthorized access. Beyond the core trading experience, the Bybit Card offers a practical bridge between crypto assets and everyday spending, converting digital currencies to euros at point‑of‑sale without hidden conversion fees. Users have reported up to 10 % cashback on select merchants, a perk that is uncommon among competing crypto debit cards. The card’s zero‑issuance fee for EU residents aligns well with the platform’s overall emphasis on cost‑efficiency. While the exchange’s UI is generally intuitive, beginners may find the plethora of options-such as Aurora AI, copy‑trading, and advanced order types-overwhelming at first glance. Nevertheless, the extensive learning hub, complete with tutorials and webinars, mitigates this learning curve. In comparison with giants like Binance and Coinbase, Bybit excels in high‑leverage offerings and regulatory clarity, though it lags slightly behind Binance in raw spot‑volume and behind Coinbase in fiat on‑ramp simplicity. Ultimately, for traders who value leverage, sophisticated tools, and a MiCA‑compliant environment, Bybit represents a compelling choice in the 2025 European crypto landscape.
Kate Nicholls
November 11, 2024 AT 02:54The pros and cons list reads like a marketing brochure, and the “deep liquidity” claim feels overhyped when you compare order‑book depth to the top tier of Binance. While the MiCA licence is a plus, the platform’s relative youth means institutional investors may still view it with caution.
Oreoluwa Towoju
November 11, 2024 AT 14:00For EU users, the MiCA compliance gives a clear regulatory safety net, and the Bybit Card makes everyday crypto spending hassle‑free.
MD Razu
November 12, 2024 AT 01:07One could argue that Bybit’s strategic alignment with MiCA is not merely a regulatory checkbox, but rather an embodiment of the dialectic between market freedom and state oversight-a tension that has defined financial evolution since the inception of fiat. In this light, the platform’s fee structure, when viewed through the prism of opportunity cost, becomes a variable in the larger equation of risk‑adjusted returns. If we consider the “VIP tier” as a threshold function, it mirrors the Pareto principle: a small fraction of high‑volume traders reap disproportionate benefits, while the mass of retail participants bear the baseline cost. This stratification resonates with the broader socio‑economic stratification observed in traditional markets, where the elite enjoy privileged access to lower transaction costs. Moreover, the integration of AI‑driven Aurora tools suggests an emerging symbiosis between algorithmic intelligence and human decision‑making, raising questions about agency and the future of trader autonomy. Yet, the underlying security mechanisms-cold‑wallet reserves, proof‑of‑reserve audits-serve as a custodial promise that, while reassuring, cannot fully eliminate systemic risk inherent in decentralized assets. Thus, Bybit stands at a crossroads, encapsulating both the promise of regulated innovation and the perennial uncertainties that accompany rapid financial technologic change.
Charles Banks Jr.
November 12, 2024 AT 12:14Sure, “enable two‑factor authentication” is the gold standard, but let’s be real – if you’re already handing over your private keys to a centralized exchange, a fancy 2FA won’t stop their internal hacks or a rogue insider. 🙄
Naomi Snelling
November 12, 2024 AT 23:20What they don’t tell you is that the “MiCA licence” is just a smokescreen. The EU regulators have been quietly pushing for back‑doors that let them monitor every crypto transaction, and Bybit’s proof‑of‑reserve audits are likely fabricated to keep us complacent while data funnels to hidden databases.
Billy Krzemien
November 13, 2024 AT 10:27If you’re just starting out, focus on the educational resources Bybit offers – the tutorials break down the complex futures contracts into bite‑size pieces, and the community forums are a good place to ask questions without feeling judged.
Jacob Anderson
November 13, 2024 AT 21:34Yeah, “deep liquidity” is just a buzzword that sounds impressive until you try to fill a 50 k USD order and watch the slippage eat your profit.
Carl Robertson
November 14, 2024 AT 08:40The drama of crypto is that every new exchange promises the moon, yet most end up as another cautionary tale in the alley of broken promises; Bybit is no different, a fleeting star in a sky crowded with false idols.
Kate Roberge
November 14, 2024 AT 19:47Honestly, the Bybit Card feels like a gimmick – you’re just swapping crypto for euros and paying the same fees you’d get from any regular bank card, plus the hidden hassle of crypto volatility.
Ben Dwyer
November 15, 2024 AT 06:54Keep an eye on the withdrawal limits – the free SEPA withdrawals up to €5,000 are great, but once you cross that threshold the 0.1 % fee can add up quickly if you’re moving large sums.
Waynne Kilian
November 15, 2024 AT 18:00i think it’s worth note that Bybit’s miCA adherance give sense of securty but the platform still new so b e carefull with large amount it might not be as stable as older exchnages like coinbase.
Amie Wilensky
November 16, 2024 AT 05:07Indeed; the marketing lingo-“deep liquidity,” “robust security”-is saturated with hyperbole,; yet when you drill down to the order‑book depth metrics, the spreads on mid‑tier pairs often exceed those of established rivals,; consequently, the purported advantage may be more perception than reality.
Katrinka Scribner
November 16, 2024 AT 16:14Love the idea of the Bybit Card! 😍 It’s so convenient to spend crypto on everyday stuff without thinking about conversion fees. 🙌
VICKIE MALBRUE
November 17, 2024 AT 03:20Bybit looks promising for EU traders offering many tools and low fees.
april harper
November 17, 2024 AT 14:27In the echoing halls of finance, Bybit stands as a fleeting beacon, bright yet transient.