Bybit vs BingX – which to choose in 2026
TL;DR
Our rating gives Bybit (9.3/10) a slight edge over BingX (7.8/10). BingX still has real advantages – covered below.
Detailed comparison
| Bybit | Metric | BingX |
|---|---|---|
| 9.3 ✓ | Rating | 7.8 |
| 0.1% | Spot maker | 0.1% |
| 0.1% | Spot taker | 0.1% |
| 0.02% | Futures maker | 0.02% |
| 0.055% | Futures taker | 0.05% ✓ |
| 660+ | Coins | 900+ ✓ |
| 2018 | Founded | 2018 |
| No | Token | No |
| UAE (Dubai) | Country | British Virgin Islands |
What sets them apart
BybitBest for tradingBest for futures trading. Copy trading available – replicate trades of experienced traders
BingXSocial tradingSocial trading – see what others are buying. Official Ferrari partner
Bybit and BingX – two exchanges that constantly come up in comparisons. And for good reason: both rank among the top ten platforms by trading volume, both support futures trading, both list hundreds of cryptocurrencies. But the devil is in the details. Bybit best for futures trading. Copy trading available – replicate trades of experienced traders. BingX social trading – see what others are buying. Official Ferrari partner. We have traded on both – opened accounts, completed verification, placed orders, and withdrawn funds. In this breakdown we share our real experience: fees, security, interface usability, P2P options, and hidden pitfalls you will not find in ads.
A Quick Look at Each Exchange
BybitBybit has been operating since 2018, registered in UAE (Dubai). The platform lists 660+ cryptocurrencies. Bybit is a centralized crypto exchange founded in 2018 in Singapore (now registered in the UAE, Dubai). Originally built for derivatives, it gradually added spot trading, P2P, staking, and other products. It lists over 660 cryptocurrencies. Our rating – 9.3/10.
BingXBingX has been operating since 2018, registered in British Virgin Islands. The platform lists 900+ cryptocurrencies. BingX is a centralized crypto exchange founded in 2018 and registered in the British Virgin Islands. The platform's signature feature is social trading: you can see other traders' positions, subscribe to their strategies, and automatically copy trades. The exchange offers over 900 cryptocurrencies, spot and futures trading, staking, and grid bots. Our rating – 7.8/10.
Bybit vs BingX Fees – Who Is Cheaper
Fees are the first thing traders look at when choosing an exchange. A 0.05% difference may seem trivial, but on $10,000 in monthly volume that is already $5. And if you trade actively, it adds up fast. On spot, Bybit charges 0.1%/0.1% (maker/taker), while BingX charges 0.1%/0.1%. In terms of spot fees, both exchanges are on the same level – no difference. On futures the picture is different. Bybit charges 0.02% maker / 0.055% taker. BingX – 0.02% maker / 0.05% taker. For those trading with leverage, BingX will cost less. Withdrawal fees are a separate expense. For BTC: Bybit charges 0.0005 BTC (~$35), BingX – 0.0005 BTC (~$35). For USDT on the TRC-20 network (the cheapest option): Bybit – 1 USDT (TRC-20), BingX – 1 USDT (TRC-20).
The trading fee is only part of the expense. The real cost of a trade is made up of five elements: spread (the difference between buy and sell price), trading fee, withdrawal fee, currency conversion, and slippage on order execution. On both exchanges, spreads depend on the liquidity of each pair. On major coins (BTC, ETH) spreads are minimal. On rare altcoins the gap between buy and sell price can be significant. Before buying an obscure token, check the order book – it will show the real cost of the trade. Our tip: for small transfers, use the TRC-20 network (USDT) – the fee is minimal. For larger amounts, compare withdrawal costs across different networks directly in the exchange interface.
Trading Tools and Features
Beyond fees, it is important to understand what you can actually do on each exchange. Spot trading is available on both platforms. In terms of coin count, BingX leads with 900+ cryptocurrencies. Bybit offers 660+. If you are looking for a specific altcoin, check the listing catalog beforehand. Futures are available on both exchanges. These are leveraged contracts – you can earn (and lose) multiples of what you would in spot trading. Maximum leverage on major pairs: up to 100x–125x. We recommend starting at 2x–5x, especially if you are new to it. Bybit stands out with its copy trading feature – you can automatically mirror trades from other traders. Pick from a leaderboard, set your amount, and trading runs in the background. Great for those who are not ready to trade on their own. Staking is available on both platforms. You can earn passive income on crypto held on the exchange. Rates depend on the coin and the lock-up period.
P2P and Fiat Trading
P2P is a popular way to buy crypto with local currency. You trade directly with another user: send fiat payment and receive crypto. No intermediaries – the exchange acts as an escrow to protect both sides. Bybit: Bybit has one of the most active P2P platforms among major exchanges. It supports multiple local currencies and payment methods. P2P fees are 0%. BingX: P2P exchange is available with multiple local currencies and payment methods. P2P liquidity is moderate – works for buying USDT, but the seller selection is smaller than on Bybit. Tip: when buying large amounts on P2P, split the transaction into several parts – this reduces risk and keeps things smooth.
Security and KYC
Security is something you do not think about until you run into a problem. Exchange hacks, frozen accounts, phishing emails – in crypto these are real risks. Here is what both platforms offer. Bybit: Bybit stores the majority of user funds in cold wallets. It uses two-factor authentication, an anti-phishing code, and withdrawal address whitelisting. The exchange has never been hacked. It undergoes regular security audits and has an insurance system. BingX: BingX stores funds in cold wallets with multi-signature protection. It uses 2FA, anti-phishing codes, and address whitelisting. The exchange regularly undergoes security audits and publishes Proof of Reserves. No major hacks have occurred during its operation. Verification (KYC) on Bybit: KYC is mandatory. For basic verification, a passport plus selfie is enough. Extended verification grants higher withdrawal limits. The process usually takes 15–30 minutes. Verification (KYC) on BingX: KYC verification is mandatory for full access. Basic level: passport plus selfie. Processing takes from 10 minutes to a few hours. Without KYC, trading is available with limited withdrawal limits. Our advice: enable two-factor authentication (2FA) right after signing up. Set up an anti-phishing code – it appears in every email from the exchange and helps you tell genuine notifications from scams. For storing large amounts, use a hardware wallet – only keep on the exchange what you are actively trading.
Who Should You Choose
BybitBybit is the best choice for traders who trade futures with leverage. It also works well for beginners who want to try copy trading – copying experienced traders' trades and learning from their strategies.
Open BybitBingXBingX is a great pick for those who want to learn trading from real examples. The social feed shows what others are buying, and copy trading lets you replicate the strategies of the best. Suited for beginner traders who are not yet ready to trade on their own.
Open BingXPros and cons
Bybit
BingXOur Verdict
In our assessment, Bybit (9.3/10) comes out ahead of BingX (7.8/10). Bybit is one of the best exchanges for futures and derivatives trading. Fast engine, copy trading, and a great interface. But BingX should not be written off. BingX is a great pick for those who want to learn trading from real examples. For those tasks, BingX may be the better fit. Many traders keep accounts on both exchanges – for different purposes. Try both – registration is free.
FAQ
Which is better – Bybit or BingX?
Bybit received a rating of 9.3/10, BingX – 7.8/10. Bybit best for futures trading. copy trading available – replicate trades of experienced traders. But BingX is also a solid choice: it social trading – see what others are buying. official ferrari partner. Different tasks call for different exchanges.
Where are fees lower – Bybit or BingX?
Spot fees are the same: 0.1%/0.1%. On futures, BingX is cheaper. The total cost of trading depends on spreads, volume, and whether you use token discounts.
Which has more coins – Bybit or BingX?
BingX offers 900+ cryptocurrencies – more than 660+ on Bybit. If you are looking for a specific rare token, check the exchange catalog before signing up.
Are Bybit and BingX available worldwide?
Both exchanges operate in most jurisdictions worldwide.
Can you trade futures on Bybit and BingX?
Yes, both exchanges support futures trading. Bybit: maker 0.02%, taker 0.055%. BingX: maker 0.02%, taker 0.05%. Maximum leverage on major pairs – up to 100x–125x.
Which exchange is safer – Bybit or BingX?
Both exchanges have been operating since 2018 and use standard security measures: cold storage, 2FA, anti-phishing codes. We recommend not storing large amounts on the exchange – withdraw to your personal wallet.
Is KYC verification required on Bybit and BingX?
Bybit: KYC is mandatory. BingX: KYC verification is mandatory for full access. Without verification, trading and withdrawals on most exchanges are limited or unavailable.
Can you use both exchanges at the same time?
Yes, and many traders do exactly that. One exchange for main trading, the other for altcoins or futures. Registration on both is free.
Updated: April 2026
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