Developing sustainable and affordable anode materials that are capable of delivering high performance in both lithium‐ion batteries (LIBs) and sodium‐ion batteries (SIBs) remains a significant challenge. Bimetallic selenide@carbon hybrids are considered as one of the most promising anode materials in LIBs and SIBs due to their high electronic conductivity, high specific capacity, and fast reaction kinetics. Herein, a series of bimetallic selenide@carbon hybrid nanotubes are successfully prepared as anodes of LIBs or SIBs based on the dual regulation of component and micro‐nanostructure. The selenization strategy plays a key important role in determining the composition, microstructure, and electrochemical energy storage properties of anode materials. As a consequence, the ZnSe/CoSe2@NPC NTs(I)‐600 exhibit a reversible capacity of 1328.3 mAh g−1 at 0.1 A g−1 and superior rate capability (269.1 mAh g−1 at 10 A g−1) towards Li+ storage. Meanwhile, ZnSe/CoSe2@NPC NTs(II)‐700 achieve 354.1 mAh g−1 at 0.1 A g−1 and ultralong cycling stability (97.6% of capacity retention after 40 000 cycles at 10 A g−1) used as anode materials in SIBs. This study provides a feasible strategy to fabricate selenide‐based composites as anode materials for high‐performance LIBs and SIBs via architecture engineering and composition tailoring.