Bybit vs BingX

Two derivatives terminals. The contract lists on Bybit and BingX look alike, so details decide: fees, withdrawal networks and how the interface feels.

SpreadRadar editorial · pryanik.io · · about authorship and sources

Compared by the numbers

Collected straight from the exchanges. Volume is deliberately left out: venues count it differently, and on some the top of the list is tokenised equities. The last row is our advertisement scanner’s coverage, not the venue’s full currency list, which is wider.

Bybit BingX
USDT pairs392627
Futures contracts788975
Networks for USDT2011
Cheapest USDT withdrawal0.0700 POLYGON0.0170 TON
P2P currencies in our scanner89 currencies66 currencies

In short: the difference

What Bybit is: an exchange with a strong futures side. On the market since 2018, jurisdiction: Dubai, UAE, its own MNT token.

What BingX is: a venue built for leveraged trading. On the market since 2018, jurisdiction: Singapore, its own — token.

What Bybit gives you

The terminal is strong on contracts, but Bybit has its own ground: A venue with a strong derivatives pedigree and an unusually comfortable interface. Spot, perpetual futures and options, P2P, Earn savings, copy trading with open trader statistics, trading bots and a card. Twenty networks for USDT withdrawals — more than anyone we cover — and several of them free.

Strong sides: 20 withdrawal networks, several of them free, an even book on the main pairs, transparent copy trading.

What BingX gives you

Next to a derivatives terminal, BingX answers with something else: A derivatives-leaning venue: nearly a thousand perpetuals against six hundred-plus spot pairs. Copy trading is the centrepiece here, more developed than on most, with statistics and trader rankings. There are spot bots, Wealth savings, P2P and cheap withdrawals — 0.01 on Aptos.

Strong sides: mature copy trading, 990+ perpetuals, cheap withdrawals.

What decides it

  • Jurisdiction. Bybit sits in Dubai, UAE, BingX in Singapore. It shapes both the checks you pass and what the venue has to disclose.
  • Native tokens. Bybit has MNT, BingX has —: holders usually get fee discounts and access to launches.
  • Strengths side by side. Bybit: 20 withdrawal networks, several of them free, an even book on the main pairs, transparent copy trading; BingX: mature copy trading, 990+ perpetuals, cheap withdrawals.
  • Which job. Bybit is a natural second venue in a route: cheap transfers and predictable execution, while BingX is for anyone trading futures and mirroring other traders.
  • Worth remembering. Bybit: the spot listing is slimmer than the Asian venues with thousands of pairs. BingX: a moderate spot listing — rare coins are usually found elsewhere.

Which one fits you

Bybit — a natural second venue in a route: cheap transfers and predictable execution.

BingX — for anyone trading futures and mirroring other traders.

What people ask most

Bybit: Is there P2P here? Yes, across dozens of currencies. The section is more compact than Binance, and with less competition for the top rows the price is sometimes better.

Bybit: What is the unified trading account? A mode where spot, futures and options share collateral. A coin bought on spot backs your futures position, and free funds never sit idle in a separate wallet — the whole balance works.

Bybit: Are there options here? Yes, a proper section. Options are uncommon among exchanges, and Bybit is one of the few venues with the full derivatives set.

BingX: How many futures are here? Nearly a thousand perpetual contracts, more than the spot pairs. This is a derivatives-first venue.

BingX: How does copy trading here differ from elsewhere? In presentation: BingX wraps a public feed around trades, so you can follow traders without copying them. The statistics are open — returns, drawdown, style and full history for each.

BingX: What else does BingX offer? Spot with over six hundred pairs, the Wealth section with savings and accumulation products, P2P and a detailed copy-trading section.

Both at once

You do not have to pick one. Two accounts give you a fallback when the coin or network you need exists only on the other venue. Keeping both pays off on funding: the rate on the same pair diverges between venues, and that gap is exactly what a delta-neutral pair earns.

Live numbers

The figures above do not come from marketing pages: we compute them from the same market snapshots as the rest of the site. Bybit and BingX can be compared on facts rather than promises.

What the numbers say

Spot is wider on BingX: 627 USDT pairs against 392, a gap of 1.6×. On perpetual contracts BingX is ahead — 975 to 788. USDT leaves Bybit over 20 networks and BingX over 11: the wider the choice, the easier a cheap bridge is to find. BingX asks less to move USDT — 0.0170 over TON; Bybit comes to 0.0700 POLYGON. Our scanner reads P2P advertisements on Bybit in 89 currencies and on BingX in 66.

Snapshot from 30 September 2026; on the page the figures refresh on every visit.

Bybit ↗BingX ↗

Other comparisons and walkthroughs

Binance or BybitThe biggest exchange in the world against the best derivatives terminal. A feature-by-feature look at what each one gives you.Bybit or OKXThe best derivatives terminal against the most complete ecosystem. A feature-by-feature look at where the line falls.Bybit or BitgetTwo venues that grew out of derivatives from opposite directions. A look at where the line falls.Bybit or WEEXA mature derivatives venue against a younger, more flexible one. A look at what each one offers.Binance vs BingXBinance does everything and does it on the deepest market; BingX focuses on leveraged trading. Scale against focus.Bybit vs GateYou go to Gate for new listings and to Bybit for leverage. Picking one is rarely necessary — people keep both.Bybit vs MEXCYou go to MEXC for new listings and to Bybit for leverage. Picking one is rarely necessary — people keep both.Bybit vs KuCoinBybit is built for contracts; KuCoin also covers earn, bots and launches. It comes down to what you need more often.How to trade on BybitAn exchange built on derivatives and licensed in Dubai: one of the best futures terminals, a unified account, and a record twenty withdrawal networks.How to trade on BingXThe exchange with the strongest copy trading: nearly a thousand futures, detailed trader statistics and position sizing matched to your capital.