Bybit scores 18 points above Bitvavo, on availability rather than any published criterion. Bybit ranks #1 and Bitvavo #10 of 17 published exchanges. Every term of the gap is on the ledger below; the inputs are on the audit receipt.
Bybit81
vs
Bitvavo63
Scores are out of 100; published scores fall within 41–99 · ranks #1 and #10 of 17
Criteria roundingThe criteria block is rounded to whole points before it is spread−0.1
Reproduced gap+17.9
Published gapAfter score rounding and bounds — see the note below8163+18.0
Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.
Bybit leads on no published criterion; Bitvavo is ahead on licence coverage. The gap comes from availability.
BybitScore 81Derivatives-heavy global exchange that survived the February 2025 theft of over 400,000 ETH and stETH (worth more than $1.4 billion, in its own announcement) with same-day self-disclosure, open withdrawals and monthly Hacken proof-of-reserves — now two-entity: MiCA-licensed Bybit EU GmbH for the EEA, and for everyone else an offshore entity, Bybit Technology Limited, whose Platform Terms (effective 2 September 2026) hold assets in an omnibus account and say nothing about insolvency.Strength: Withdrawal incident record — 9/10Watch-out: The protections are entity-split and the good half is the small half: an EEA buyer gets Bybit EU GmbH with MiCA segregation and an explicit 'will not use Custody Assets' clause, but every other buyer contracts with Bybit Technology Limited, whose Platform Terms (effective 2 September 2026, read on 2026-09-29) hold your coins in an 'omnibus user account', say nothing about segregation or what happens to them in an insolvency, let the company freeze the account 'at any time and at our sole discretion', and allow larger withdrawals to take up to thirty days.BitvavoScore 63AFM-licensed Dutch MiCA CASP (licence 41000010) serving the SEPA zone only, with a fully published 10-tier 0.15%/0.25% fee schedule, free SEPA in/out, a stichting-based bankruptcy-remote asset structure written into its terms, a third-party proof-of-reserves attestation its help centre describes as quarterly, and a self-disclosed, customer-guaranteed handling of its Genesis/DCG lending exposure (EUR 280M per contemporaneous reporting).Strength: Withdrawal incident record — 9/10Watch-out: The guaranteed-price buy flow — the interface the venue itself promotes for beginners as protection from slippage — carries a market-maker mark-up over mid-price that Bitvavo nowhere quantifies, and the counterparty on those trades is its own affiliate Inveniam B.V.; the buyer who never opens the order book will pay a spread with no published number on every trade, despite a pricing-policy sentence claiming 'No hidden costs or spreads beyond those published'.
Quick facts
At a glance
1 of 3 rows read the same for both.
FactBybitBitvavo
Pro taker feeSnapshotAn EEA reader contracts with Bybit EU GmbH, whose fee page (https://www.bybit.eu/en-EU/fee/spot, re-read 3 November 2026) charges a "Regular User" on "Fiat Pairs" (a EUR purchase) "0.15%" / "0.2%" (maker / taker) under "<100,000" USD of 30-day volume, and "0.1%" / "0.1%" on "Crypto Pairs"; the 28 October 2026 read printed "0.25%" / "0.25%". Everyone else: Bybit Trading Fee Structure, re-read 28 October 2026 and read 29 September 2026 at https://www.bybit.com/en/help-center/article/Trading-Fee-Structure ("Last updated on 2026-09-02 01:17:46"). Spot (crypto-crypto) taker / maker: "VIP 0" "0.1000%" / "0.1000%"; "VIP 1" "0.0800%" / "0.0675%"; "Supreme VIP" "0.0450%" / "0.0300%". Perpetual & futures: "VIP 0" "0.0550%" / "0.0200%", down to "Supreme VIP" "0.0300%" / "0.0000%". Tier rule: "The VIP level is determined based on either your asset balance or your trading volume over the past 30 days, whichever qualifies you for the higher tier."; VIP 1 needs an asset balance of "≥ 100K" or 30-day spot volume of "≥ 1M". Fiat-crypto spot pairs cost more: "VIP 0" "<100,000" "0.2000%" / "0.1500%". Page caveat: "the actual fee rates may vary depending on your region." Retail One-Click Buy by card (https://www.bybit.com/en/help-center/article/FAQ-Bank-Card-Payments): EU Visa/Mastercard "1.1%"; non-EU Visa "3.05%"; non-EU Mastercard "2.7%"; Apple Pay "1.8% + 0.24 EUR fixed cost". Fiat exit, Sell Crypto (https://www.bybit.com/en/help-center/article/FAQ-One-Click-Buy, "Last updated on 2026-09-28 02:47:20"): EUR "2.1% + 5 EUR fixed cost"; USD "2.2% + 10 USD fixed cost".Bitvavo fees, read 29 September 2026. The fee schedule itself (https://bitvavo.com/en/fees) answered every fetch path today with a Cloudflare challenge (HTTP 403 to curl, to a rendering browser and to a reader proxy), so its tier table is not restated here. From Bitvavo's help article "What is the trading fee when I buy or sell crypto?" (https://support.bitvavo.com/hc/en-us/articles/4405175148689, "Updated September 23, 2026"): fees depend on "Your 30-day trading volume tier."; for orders that do not fill immediately "we reserve the maximum fee of 0.25%"; the page's own worked example: "€1000 x 0.25% = €2.50 fee." and "You will receive €997.50 after the fee is deducted."; and "Trading pairs involving USDC (USD Coin) typically have lower fees than Euro-based pairs." Crypto withdrawal fees are published per asset in Bitvavo's public API (https://api.bitvavo.com/v2/assets): Bitcoin "withdrawalFee":"0.000018", Ethereum "withdrawalFee":"0.0003". Euro withdrawal (https://support.bitvavo.com/hc/en-us/articles/4405188690065): "It also confirms that there are no fees for withdrawing euros." Price Guarantee orders (https://support.bitvavo.com/hc/en-us/articles/25974760217873): "the market maker adds a spread to account for any unforeseen price fluctuations during this period", with no number published for that mark-up.
Asset coverageEditorial——
Region fitSnapshoteurope, asia, latameurope
From the published criteria
Which should you pick?
Bybit
81#1 of 17
Leads
Pick it when
Bybit leads on no published criterion; its edge is availability (12 vs 6 points). Pick it if that term is what you are buying.
Strength
Withdrawal incident record — 9/10
Tradeoff
The protections are entity-split and the good half is the small half: an EEA buyer gets Bybit EU GmbH with MiCA segregation and an explicit 'will not use Custody Assets' clause, but every other buyer contracts with Bybit Technology Limited, whose Platform Terms (effective 2 September 2026, read on 2026-09-29) hold your coins in an 'omnibus user account', say nothing about segregation or what happens to them in an insolvency, let the company freeze the account 'at any time and at our sole discretion', and allow larger withdrawals to take up to thirty days.
Bitvavo
63#10 of 17
Pick it when
Pick Bitvavo if licence coverage matters most — it scores 9/10 to Bybit's 6/10 there (weight 24).
Strength
Withdrawal incident record — 9/10
Tradeoff
The guaranteed-price buy flow — the interface the venue itself promotes for beginners as protection from slippage — carries a market-maker mark-up over mid-price that Bitvavo nowhere quantifies, and the counterparty on those trades is its own affiliate Inveniam B.V.; the buyer who never opens the order book will pay a spread with no published number on every trade, despite a pricing-policy sentence claiming 'No hidden costs or spreads beyond those published'.
Self-identify in 10 seconds
Which one is actually for you?
BybitLeads
Bybit leads Bitvavo on no published criterion
Choose it only if something outside the published criteria decides for you — your country, a funding rail, or custody.
BybitScore 81Derivatives-heavy global exchange that survived the February 2025 theft of over 400,000 ETH and stETH (worth more than $1.4 billion, in its own announcement) with same-day self-disclosure, open withdrawals and monthly Hacken proof-of-reserves — now two-entity: MiCA-licensed Bybit EU GmbH for the EEA, and for everyone else an offshore entity, Bybit Technology Limited, whose Platform Terms (effective 2 September 2026) hold assets in an omnibus account and say nothing about insolvency.Strength: Withdrawal incident record — 9/10Watch-out: The protections are entity-split and the good half is the small half: an EEA buyer gets Bybit EU GmbH with MiCA segregation and an explicit 'will not use Custody Assets' clause, but every other buyer contracts with Bybit Technology Limited, whose Platform Terms (effective 2 September 2026, read on 2026-09-29) hold your coins in an 'omnibus user account', say nothing about segregation or what happens to them in an insolvency, let the company freeze the account 'at any time and at our sole discretion', and allow larger withdrawals to take up to thirty days.
Bitvavo
Choose Bitvavo if licence coverage matters most
Licence coverage: 9/10 against 6/10 for Bybit (weight 24)
Asset protection: 6/10 against 5/10 for Bybit (weight 18)
BitvavoScore 63AFM-licensed Dutch MiCA CASP (licence 41000010) serving the SEPA zone only, with a fully published 10-tier 0.15%/0.25% fee schedule, free SEPA in/out, a stichting-based bankruptcy-remote asset structure written into its terms, a third-party proof-of-reserves attestation its help centre describes as quarterly, and a self-disclosed, customer-guaranteed handling of its Genesis/DCG lending exposure (EUR 280M per contemporaneous reporting).Strength: Withdrawal incident record — 9/10Watch-out: The guaranteed-price buy flow — the interface the venue itself promotes for beginners as protection from slippage — carries a market-maker mark-up over mid-price that Bitvavo nowhere quantifies, and the counterparty on those trades is its own affiliate Inveniam B.V.; the buyer who never opens the order book will pay a spread with no published number on every trade, despite a pricing-policy sentence claiming 'No hidden costs or spreads beyond those published'.
Criterion by criterion
Scorecard
Published criteria · weight in points of 868 of 8 cells scored. Strength is read from the evidence file; the weight is the published one. Methodology
Trading cost
weight 7.2 of 86Tie
Bybit7/10 out of 10
Bitvavo7/10 out of 10
Withdrawal track record
weight 6.7 of 86Tie
Bybit9/10 out of 10
Bitvavo9/10 out of 10
Licence coverage
by 3 of 10weight 5.8 of 86Bitvavo leads
Bybit6/10 out of 10
Bitvavo9/10 out of 10
Asset protection
by 1 of 10weight 4.3 of 86Bitvavo leads
Bybit5/10 out of 10
Bitvavo6/10 out of 10
Score dimensions
weights sum to 86
The published score is five dimensions, each weighted for the category. "Published criteria" is the criteria block above; the other four are the engine's own terms — availability, friction, trust record, measured data. Each bar is one side's points out of that dimension's maximum; the weight beside the name is its points of the 86-point weighted total. The published criteria above can fill 24 of the block’s 30. A weight marked “constant here” belongs to a dimension every ranked product in the category holds at the same value: it still counts in the total, and it orders nothing here.
Availabilityweight 20 of 86
Bybit12/20Bitvavo6/20
Bybit leads
Published criteriaweight 30 of 86
Bybit16.7/30Bitvavo18.9/30
Bitvavo leads
Frictionweight 10 of 86 · constant here
Bybit2.7/10Bitvavo2.7/10
Tie
Trust recordweight 8 of 86 · constant here
Bybit3.2/8Bitvavo3.2/8
Tie
Measured dataweight 18 of 86
Bybit13.2/18Bitvavo10.1/18
Bybit leads
Decision rulePublished order
Choose Bybit unless the term Bitvavo leads on is the one you are buying.
Pick Bitvavo if licence coverage matters most — it scores 9/10 to Bybit's 6/10 there (weight 24).
The published order weighs every criterion the same way for everyone. To weigh them your way, run .
From the published order
Next best action
If this isn't your case
Other matchups worth comparing
How you can lose money here, and what the ranking scores
Custody failure: whoever holds the assets loses or withholds them.
Scored by When this venue broke, did people get their money out — and how would I know? · 28% (Bybit 9/10, Bitvavo 9/10)
Insolvency failure: the firm or issuer that owes you cannot pay.
Scored by If this exchange fails — or freezes me — are the coins legally mine, and on whose terms? · 18% (Bybit 5/10, Bitvavo 6/10)
Regulatory failure: no licence where you are, or a forced market exit.
Scored by Whose licence actually covers me in my country — and can I find it on the register? · 24% (Bybit 6/10, Bitvavo 9/10)
Not assessed by this ranking: Control failure, Liveness failure, Execution failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means.
Also scored, as cost, quality or a summary of several families: What will I actually pay here at my volume — including the spread they don't print? (30%).
Questions
Frequently asked questions
Bybit scores 18 points above Bitvavo, on availability rather than any published criterion. Published scores, out of 100: Bybit 81 (rank 1 of 17 exchanges), Bitvavo 63 (rank 10 of 17).
ReviewedRe-read in progressOverdue; re-read by 10 November 2026.Methodology v2026.10.18
How this page is reviewed
Reviewed means both products compared here was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
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