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Cryptocurrency & Blockchain · head to head

Bybit vs MEXC

Bybit logo

Bybit

Cryptocurrency & Blockchain

Where crypto traders come to win

From
Free
Rated
-
Full reviewWebsite
MEXC logo

MEXC

Cryptocurrency & Blockchain

Your easiest way to crypto

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Bybit unavailable in US, Canada, and UK due to regulatory restrictions; MEXC the App Store listing (seller Onechain Technology Ltd) states 0% maker fees and 0.01% to 0.04% taker fees that vary by region, meaning the effective trading fee a user pays is not a single published figure but depends on undisclosed regional tiers
  • They diverge on capability: Bybit covers Perpetual Contracts, MEXC covers ETF Trading.

Where they differ

Only the attributes on which Bybit and MEXC actually diverge.

Attributes where Bybit and MEXC differ
AttributeBybitMEXC
Pricing modelUnknownfreemium
PlatformsWeb, iOS, Android, DesktopWeb, Ios, Android

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain), founded (2018).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Bybit

  • Perpetual Contracts
  • Copy Trading
  • Bybit Wallet
  • Bybit Card

Only in MEXC

  • ETF Trading
  • Staking
  • MX Token

Both cover

  • Futures Trading
  • Spot Trading
  • Launchpad
  • Web support
  • Ios support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Bybit

  • Exchanges
  • Derivativesnot MEXC
  • Futuresnot MEXC

MEXC

  • Exchanges
  • Tradingnot Bybit
  • Altcoinsnot Bybit

Both are used for exchanges, on those jobs the choice comes down to price and fit rather than capability.

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Bybit

  • Unavailable in US, Canada, and UK due to regulatory restrictions
  • Limited fiat currency deposit and withdrawal options compared to other major exchanges
  • Smaller selection of altcoins compared to Binance

MEXC

  • The App Store listing (seller Onechain Technology Ltd) states 0% maker fees and 0.01% to 0.04% taker fees that vary by region, meaning the effective trading fee a user pays is not a single published figure but depends on undisclosed regional tiers

Pricing, plan by plan

Bybit

Free
  • Spot Trading$0.1/percent maker/taker
    • 0.1% base fee
  • Futures Trading$0.02/percent maker
    • 0.02% maker / 0.055% taker

MEXC

Free
  • StandardFree
    • Spot trading
    • Futures
    • Launchpad

Which should you pick?

Choose Bybit if

  • You need perpetual contracts.
  • You want to start without paying.
  • You work on Web, iOS, Android, Desktop.
  • You also want copy trading.
Bybit review

Choose MEXC if

  • You need etf trading.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want staking.
MEXC review

Questions people ask

Is Bybit or MEXC better?
Neither clearly leads. Bybit starts at Free and MEXC at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Bybit or MEXC?
Bybit starts at Free and MEXC at Free.
Does Bybit or MEXC run on more platforms?
Bybit runs on Web, iOS, Android, Desktop. MEXC runs on Web, Ios, Android.
Can I use Bybit for free?
Both have a free tier, so you can try either at no cost before committing.
What is Bybit best used for?
Bybit is most often used for exchanges, derivatives, futures. Of those, derivatives and futures are not what MEXC is typically brought in for.
What can Bybit do that MEXC cannot?
Bybit covers Perpetual Contracts, Copy Trading, Bybit Wallet, Bybit Card. MEXC covers ETF Trading, Staking, MX Token. Both handle Futures Trading, Spot Trading, Launchpad, Web support.

Answered from the vendors’ own pages

Bybit: What trading products does Bybit offer?

Bybit offers spot trading, perpetual contracts (up to 125x leverage), futures with daily/monthly/quarterly contracts, and options on BTC, ETH, and SOL settled in USDC.

Source
Bybit: What are Bybit's trading fees?

Spot trading fees start at 0.1% for both maker and taker. Futures fees are typically 0.02% maker and 0.055% taker, with discounts available for VIP tiers based on trading volume.

Source
Bybit: Where can I withdraw fiat from Bybit?

Bybit has limited fiat withdrawal options and is not available in the US, Canada, or the UK due to crypto regulations. Fiat withdrawals depend on your country of residence and banking partners.

Source
Bybit: Does Bybit support mobile trading?

Yes, Bybit offers a mobile app for iOS and Android with access to all trading features including spot, derivatives, and advanced order types.

Source
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