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Bybit VS MEXC

Both exchanges offer Spot, Perpetual futures. The differences below come from our individual reviews of Bybit and MEXC.

Bybit MEXC
Founded 2018 2018
Regions Widely available; restricted or unavailable in some jurisdictions including the US for derivatives products: verify local availability before signing up. Not available to US, Canadian, or Chinese mainland residents; also restricted in Singapore, Hong Kong, and several other jurisdictions. Widely available elsewhere with no strict KYC requirement for basic-tier access, though withdrawal limits are much lower without verification.
Products Spot, Perpetual futures, Options, Copy trading Spot, Margin, Perpetual futures, Leveraged ETFs
Maker fee Verify current tier: Bybit uses a volume-based maker/taker schedule Verify current tier: MEXC runs frequent zero-fee and discounted-fee promotions on top of a volume-based schedule, so posted rates change often
Taker fee Verify current tier: Bybit uses a volume-based maker/taker schedule Verify current tier: MEXC runs frequent zero-fee and discounted-fee promotions on top of a volume-based schedule, so posted rates change often

Bybit pros

  • Deep futures liquidity, especially on major pairs
  • Mature, well-documented copy-trading product
  • Fast account setup for spot and futures

MEXC pros

  • One of the widest new-token listing pipelines in the industry, frequently listing coins before Binance, Coinbase, or Kraken get to them
  • Low headline trading costs, with spot maker fees at or near zero and periodic platform-wide fee promotions
  • No mandatory KYC for basic-tier trading, which lowers the barrier to entry for users who don't want to submit ID up front
  • Monthly Hacken-audited proof-of-reserves reports and a stated nine-figure insurance fund

This table is generated from the same data behind our individual exchange reviews. See methodology for how it's put together. Fee figures marked "not yet verified" need confirming against live terms before this page is treated as launch-ready.

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