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+ assets · MEXC: 1,500+ assets |
| 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) |
| Availability summary | Bybit: Available globally, with some regional restrictions · MEXC: Available globally, with some regional restrictions |
| 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.
Where is Bybit available? +
Available globally, with some regional restrictions. Availability, regulation and tax treatment vary by country. Check your local laws before trading, and confirm current details on the official site.
Where is MEXC available? +
Available globally, with some regional restrictions. Availability, regulation and tax treatment vary by country. Check your local laws before trading, and confirm current details on the official site.
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
Editorial lead overseeing FlixoCrypt's research, sourcing and verification process
Last verified: