Uphold vs Bybit

Struggling to choose between Uphold and Bybit? Both products offer unique advantages, making it a tough decision.

Uphold is a Bitcoin & Cryptocurrency solution with tags like cryptocurrency, exchange, wallet, bitcoin, ethereum, xrp.

It boasts features such as Buy, hold and trade cryptocurrencies like Bitcoin, Ethereum, Litecoin etc., Send and receive cryptocurrencies to other Uphold members or external crypto wallets, Convert between cryptocurrencies and 30+ traditional currencies, Load funds by bank transfer, credit card or crypto networks like Bitcoin, Withdraw funds to bank account or debit card and pros including Easy to use interface, Supports many cryptocurrencies and fiat currencies, Fast account setup and verification, Available as mobile app and web platform.

On the other hand, Bybit is a Bitcoin & Cryptocurrency product tagged with crypto, exchange, trading, derivatives, perpetual-contracts, bitcoin, ethereum.

Its standout features include Perpetual contracts trading for cryptocurrencies like Bitcoin and Ethereum, Up to 100x leverage trading, Competitive trading fees, High liquidity, Fast order matching engine, Multiple order types, Insurance Fund to help minimize risk of auto-deleveraging, 24/7 live chat support, and it shines with pros like Low fees compared to competitors, Good liquidity results in tight spreads, Fast trade execution, Good charting tools, Supports multiple order types, Insurance fund provides extra protection.

Feature	Uphold	Bybit
Overall Score	N/A	N/A
Primary Category	Bitcoin & Cryptocurrency	Bitcoin & Cryptocurrency

Product Overview

Uphold

Description: Uphold is a digital money platform that enables users to easily buy, hold, trade, send, and receive digital currencies such as Bitcoin, Ethereum, and XRP. It operates in over 180 countries and offers seamless integration on desktop and mobile.

Bybit

Description: Bybit is a cryptocurrency derivatives exchange platform that offers trading on perpetual contracts for major cryptocurrencies like Bitcoin and Ethereum. Bybit has competitive fees, high liquidity, and a fast matching engine.

Key Features Comparison

Uphold Features

• Buy, hold and trade cryptocurrencies like Bitcoin, Ethereum, Litecoin etc.
• Send and receive cryptocurrencies to other Uphold members or external crypto wallets
• Convert between cryptocurrencies and 30+ traditional currencies
• Load funds by bank transfer, credit card or crypto networks like Bitcoin
• Withdraw funds to bank account or debit card

Bybit Features

• Perpetual contracts trading for cryptocurrencies like Bitcoin and Ethereum
• Up to 100x leverage trading
• Competitive trading fees
• High liquidity
• Fast order matching engine
• Multiple order types
• Insurance Fund to help minimize risk of auto-deleveraging
• 24/7 live chat support

Pros & Cons Analysis

Uphold

Pros

• Easy to use interface
• Supports many cryptocurrencies and fiat currencies
• Fast account setup and verification
• Available as mobile app and web platform

Cons

• Higher fees than some competitors
• Limited payment options in some countries
• Customer support can be slow

Bybit

Pros

• Low fees compared to competitors
• Good liquidity results in tight spreads
• Fast trade execution
• Good charting tools
• Supports multiple order types
• Insurance fund provides extra protection

Cons

• Only perpetual contracts, no futures contracts
• Limited selection of trading pairs
• No fiat currency deposits/withdrawals
• Not available to US traders

Pricing Comparison

Uphold

• Free
• Commission fees on trades

Bybit

• Free
• Custom Pricing