Bybit vs MEXC
Rating at a glance
Fee comparison
| Maker fee | Bybit: 0.10% spot (0.01%–0.06% derivatives) · MEXC: 0.00% spot (promotional) |
|---|---|
| Taker fee | Bybit: 0.10% spot · MEXC: 0.05% spot |
| Withdrawal | Bybit: Varies by asset · MEXC: Varies by asset |
Feature comparison
| Rating | Bybit: 4/5 · MEXC: 3.7/5 |
|---|---|
| Type | Bybit: CEX · MEXC: CEX |
| Supported assets | Bybit: 300+ · MEXC: 1500+ |
| Best for | Bybit: Derivatives traders comfortable with an offshore exchange · MEXC: Experienced traders chasing new low-cap listings |
KYC, regulation & country availability
| KYC required | Bybit: Yes · MEXC: No |
|---|---|
| Regulated | Bybit: Limited · MEXC: Limited |
| Country availability | Bybit: Global (many) · MEXC: Global (many) |
| Available in India | Bybit: Yes · MEXC: Yes |
| Notable incidents | Bybit: February 2025: ~$1.5B Ethereum hot-wallet hack (largest crypto theft to date); Bybit covered customer funds and remained solvent. · MEXC: No major custody breach reported; lighter KYC raises counterparty/compliance considerations. |
Which should you choose?
- Choose Bybit if derivatives traders comfortable with an offshore exchange. Avoid if you require a fully regulated, onshore platform.
- Choose MEXC if experienced traders chasing new low-cap listings. Avoid if you want regulation, strong kyc or beginner safety.
Bybit vs MEXC FAQ
What is the difference between Bybit and MEXC? +
Bybit is best for derivatives traders comfortable with an offshore exchange; MEXC is best for experienced traders chasing new low-cap listings.
Which has lower fees, Bybit or MEXC? +
Bybit: taker 0.10% spot. MEXC: taker 0.05% spot. Confirm current fees on each site.
Is Bybit or MEXC safer? +
Bybit: lightly regulated/non-custodial; February 2025: ~$1.5B Ethereum hot-wallet hack (largest crypto theft to date); Bybit covered customer funds and remained solvent.. MEXC: lightly regulated/non-custodial; No major custody breach reported; lighter KYC raises counterparty/compliance considerations..
Does Bybit require KYC? +
Yes.
Does MEXC require KYC? +
No / minimal.
Is Bybit available in India? +
Yes. Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
Is MEXC available in India? +
Yes. Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
Can you use both Bybit and MEXC? +
Yes. Many users keep accounts on more than one platform and use each where it is strongest.
When was this comparison last verified? +
Last verified on 2026-06-29.
Reviewed by Arjun Mehta
Crypto analyst; 8+ years covering exchanges, wallets and DeFi
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