Crypto Exchange comparison
Bybit vs Caleb & Brown
Bybit is a global crypto derivatives giant built for active traders, while Caleb & Brown is an Australian brokerage-style service designed for high-touch, high-value investors. The biggest practical difference? Caleb & Brown is AUSTRAC-registered, offers dedicated broker support, and provides an Australian tax statement — Bybit offers none of that. If you want a DIY exchange with leverage and low fees, go with Bybit. If you want a regulated, full-service broker that handles the complexity, Caleb & Brown is your pick.
Choose
Bybit
if…
- ›You want access to derivatives, futures, and margin trading — Bybit's core offering
- ›You're comfortable managing your own tax reporting; Bybit doesn't provide an Australian tax statement or CGT report
- ›You want to start trading with no minimum deposit and zero monthly or inactivity fees
- ›You prefer a self-directed platform with a demo account and deep order types (stop-loss, conditional orders)
- ›You need 24/7 live chat support and don't require phone-based broker assistance
Choose
Caleb & Brown
if…
- ›You want an AUSTRAC-registered Australian entity with a dedicated broker you can call on the phone
- ›You need an Australian tax statement and CGT calculator included — no manual spreadsheet work
- ›You're investing via a trust or SMSF; Caleb & Brown supports both account types, Bybit doesn't
- ›You prefer to deposit via PayID or OSKO and want instant crypto settlement after purchase
- ›You value personalised service and research reports over a DIY exchange interface
Where they differ
| Fact | Bybit | Caleb & Brown |
|---|---|---|
| AUSTRAC registration | No | Yes |
| Australian tax statement | Not provided | Provided |
| Minimum initial deposit | None | AUD $500 |
| Account types (Trust / SMSF) | Not supported | Supported |
| Customer support channels | 24/7 live chat, email, help centre | Phone, email, live chat, WhatsApp, in-app |
Verdict
Choose Bybit for low-cost, self-directed crypto trading; choose Caleb & Brown for regulated, broker-assisted service with Australian tax compliance built in.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Bybit | Caleb & Brown |
|---|---|---|
| account structure | ||
| Individual account | Yes | Yes |
| Joint account | No | — |
| Company account | Yes | Yes |
| Trust account | No | Yes |
| SMSF account | No | Yes |
| Kids / minor account | No | — |
| asset coverage | ||
| ASX shares supported | — | No |
| ASX ETFs supported | — | No |
| US shares supported | — | No |
| US ETFs supported | — | No |
| Other markets supported | — | |
| Fractional shares (ASX) | — | No |
| Fractional shares (US) | — | No |
| Options trading | — | No |
| CFDs supported | — | No |
| Crypto trading | Yes | Yes |
| Managed funds | — | No |
| Bonds supported | — | No |
| IPO access | No | No |
| costs hidden | ||
| Market data fees | $0/month | $0/month |
| Conditional order fees | $0 | $0 |
| Phone trade surcharge | — | $0 |
| costs visible | ||
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $0 | $0 |
| Withdrawal fee (AUD) | — | $0 |
| identity and trust | ||
| Legal entity name | Bybit Fintech Limited | Caleb and Brown Pty Ltd |
| AUSTRAC registration | No | Yes |
| Year founded | 2,018 | 2,016 |
| Parent / ownership | Bybit Fintech Limited (privately held; founded and led by Ben Zhou) | Swyftx (acquired October 2025; deal announced July 2025, valued ~AUD $100M+/USD $65.8M-$200M range — largest ANZ crypto M&A deal) |
| Country of incorporation | SC | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | — | $500 |
| Minimum subsequent purchase | — | $500 |
| Deposit methods | Crypto deposit, Third-party fiat gateway (debit/credit card via Banxa, Mercuryo, MoonPay), P2P trading (peer-to-peer fiat), Bybit Card top-up (where available) | PayID, OSKO, Bank transfer (BSB/Account), Crypto deposit |
| Settlement period | — | instant (crypto settlement) |
| Withdrawal time | AUD bank withdrawals not supported; crypto withdrawals processed typically within minutes once approved (subject to network confirmation) | 1-3 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | — |
| Desktop platform | Yes | No |
| Demo account | Yes | No |
| Free real-time market data | Yes | Yes |
| Free research reports | No | Yes |
| 2FA support | authenticator | authenticator app |
| Customer support channels | 24/7 live chat, email/ticket, help center, in-app support | phone, email, live chat, WhatsApp, in-app |
| Support hours (AU time) | 24/7 (live chat); email tickets responded in 1-3 business days | 24/7 (live chat and broker desk) |
| Education content | video + courses | basic articles |
| tax and reporting | ||
| Australian tax statement | No | Yes |
| CGT calculator / report | No | Yes |
| Sharesight / Navexa integration | Yes | — |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | — |
| Conditional orders | Yes | — |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | single asset | multiple |
| After-hours / overnight trading | Yes | Yes |