Bybit vs MEXC – which to choose in 2026
TL;DR
Our rating gives Bybit (9.3/10) a slight edge over MEXC (8.8/10). MEXC still has real advantages – covered below.
Detailed comparison
| Bybit | Metric | MEXC |
|---|---|---|
| 9.3 ✓ | Rating | 8.8 |
| 0.1% | Spot maker | 0% ✓ |
| 0.1% | Spot taker | 0.05% ✓ |
| 0.02% | Futures maker | 0% ✓ |
| 0.055% | Futures taker | 0.02% ✓ |
| 660+ | Coins | 2500+ ✓ |
| 2018 | Founded | 2018 |
| No | Token | MX |
| UAE (Dubai) | Country | Seychelles |
What sets them apart
BybitBest for tradingBest for futures trading. Copy trading available – replicate trades of experienced traders
MEXCLowest feesZero maker fees. Huge selection of coins – 2,500+
Bybit and MEXC – 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. MEXC zero maker fees. Huge selection of coins – 2,500+. We have traded on both – opened accounts, completed verification, placed orders, and withdrawn funds.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.
MEXCMEXC has been operating since 2018, registered in Seychelles. The platform lists 2500+ cryptocurrencies. MEXC is a centralized crypto exchange founded in 2018 and registered in the Seychelles. The platform's main advantage is a zero maker fee on both spot and futures. It lists over 2,500 cryptocurrencies, making it one of the leaders by token count. Our rating – 8.8/10.
Bybit vs MEXC 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 MEXC charges 0%/0.05%. In terms of spot fees, MEXC is the better deal. On futures the picture is different. Bybit charges 0.02% maker / 0.055% taker. MEXC – 0% maker / 0.02% taker. For those trading with leverage, MEXC will cost less. Withdrawal fees are a separate expense. For BTC: Bybit charges 0.0005 BTC (~$35), MEXC – 0.0005 BTC (~$35). For USDT on the TRC-20 network (the cheapest option): Bybit – 1 USDT (TRC-20), MEXC – 1 USDT (TRC-20). Both platforms incentivize using their native tokens. MEXC – with its MX token. If you trade a lot, the discount is significant.
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. MEXC advertises zero maker fees – and it is true. However, zero fees are partly offset by wider spreads on less liquid pairs. On BTC/USDT and ETH/USDT this is barely noticeable, but on rare tokens the spread can be 2–3 times wider than on Bybit. If you trade major coins, MEXC is genuinely cheaper. If you hunt altcoins, calculate the total cost. 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, MEXC leads with 2500+ 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%. MEXC: P2P exchange supports multiple local currencies and payment methods. P2P liquidity is moderate – sufficient for buying USDT, but large amounts are best split across several trades. 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. MEXC: MEXC applies standard security measures: cold storage for the majority of funds, two-factor authentication, anti-phishing codes, and withdrawal address whitelisting. The exchange does not publish regular Proof of Reserves reports, which reduces transparency compared to market leaders. 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 MEXC: Basic trading is available without verification, with withdrawal limits. For full access, a passport plus selfie is required. Processing usually takes 15–60 minutes. 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 BybitMEXCMEXC is ideal for those hunting for new tokens at an early stage who want to pay minimal fees. The zero maker rate attracts active traders placing limit orders. It also suits altcoin hunters – the 2,500+ coin catalog covers virtually everything.
Open MEXCPros and cons
Bybit
MEXCOur Verdict
In our assessment, Bybit (9.3/10) comes out ahead of MEXC (8.8/10). Bybit is one of the best exchanges for futures and derivatives trading. Fast engine, copy trading, and a great interface. But MEXC should not be written off. MEXC is ideal for those hunting for new tokens at an early stage who want to pay minimal fees. For those tasks, MEXC 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 MEXC?
Bybit received a rating of 9.3/10, MEXC – 8.8/10. Bybit best for futures trading. copy trading available – replicate trades of experienced traders. But MEXC is also a solid choice: it zero maker fees. huge selection of coins – 2,500+. Different tasks call for different exchanges.
Where are fees lower – Bybit or MEXC?
On spot fees, MEXC is cheaper: 0%/0.05% maker/taker. On futures, MEXC also leads. But fees are not the only expense. Factor in spread, withdrawal fees, and token discounts.
Which has more coins – Bybit or MEXC?
MEXC offers 2500+ 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 MEXC available worldwide?
Both exchanges operate in most jurisdictions worldwide.
Can you trade futures on Bybit and MEXC?
Yes, both exchanges support futures trading. Bybit: maker 0.02%, taker 0.055%. MEXC: maker 0%, taker 0.02%. Maximum leverage on major pairs – up to 100x–125x.
Which exchange is safer – Bybit or MEXC?
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 MEXC?
Bybit: KYC is mandatory. MEXC: Basic trading is available without verification, with withdrawal limits. 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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