Bybit
BloFinIn short: the difference
How Bybit differs from BloFin
Bybit is a venue where contracts come before spot. On the market since 2018, jurisdiction: Dubai, UAE, its own MNT token.
BloFin is a venue built for leveraged trading. On the market since 2023, jurisdiction: Marshall Islands.
What Bybit gives you
The terminal is strong on contracts, but Bybit has its own ground: Derivatives are the strength here; the interface is a second one, and newcomers find their way faster than on most venues. Spot, perpetuals and options, P2P, Earn, copy trading with visible trader records, bots, a card. Twenty USDT networks, more than anywhere else we cover, part of them free.
Where Bybit is strong
20 withdrawal networks, several of them free, an even book on the main pairs, transparent copy trading.
What BloFin gives you
Next to a derivatives terminal, BloFin answers with something else: Running since 2023 and built around contracts: 528 of them against 504 spot pairs. The 0.02/0.06% futures rate undercuts most venues, and discount tiers are granted on any one of three conditions rather than all at once. Funding rates arrive in a single response, which is rare.
Where BloFin is strong
funding rates for every contract in one response, low futures fees, a network reference with withdrawal fees for 503 coins.
What decides it
Fees, withdrawals and limits: where the gap shows
- Age. Bybit has run since 2018, BloFin since 2023 — a gap of 5 years. It guarantees nothing on its own, but the older venue has been through more market cycles.
- Jurisdiction. Bybit sits in Dubai, UAE, BloFin in Marshall Islands. It shapes both the checks you pass and what the venue has to disclose.
- Native token. MNT on Bybit cuts fees and opens launches; BloFin has no such lever.
- Strengths side by side. Bybit: 20 withdrawal networks, several of them free, an even book on the main pairs, transparent copy trading; BloFin: funding rates for every contract in one response, low futures fees, a network reference with withdrawal fees for 503 coins.
- Which job. Bybit is a natural second venue in a route: cheap transfers and predictable execution, while BloFin is as the futures leg against spot and as a funding rate source.
- Worth remembering. Bybit: the spot listing is slimmer than the Asian venues with thousands of pairs. BloFin: no contract addresses, thinner spot liquidity than the top five, and a website that sometimes asks for a browser check.
Which one fits you
Who Bybit suits
Bybit — a natural second venue in a route: cheap transfers and predictable execution.
Who BloFin suits
BloFin — as the futures leg against spot and as a funding rate source.
What people ask most
Questions about Bybit
Bybit: What is the minimum order on Bybit? It belongs to each instrument. For spot the documentation points to minOrderAmt in the directory at api.bybit.com/v5/market/instruments-info. The BTCUSDT example gives 5 USDT, but other pairs differ.
Bybit: How many USDT withdrawal networks are there? Twenty, more than any other venue in our review, and several of them are free. Live per-network prices are in the table at the top of this page.
Questions about BloFin
BloFin: How are BloFin tiers different? They use "or" instead of "and": a tier is granted for futures volume, or spot volume, or the balance on the account. Most exchanges require all conditions at once.
BloFin: What are BloFin fees? Futures cost 0.02% maker and 0.06% taker for a regular user, spot costs 0.1%. By tier the maker rate falls to zero and the taker rate to 0.035%.
BloFin: How many contracts and spot pairs does BloFin have? By our measurements, The exchange reference lists 528 USDT perpetuals, 504 of which serve a funding rate — that is what our futures sections show. Spot pairs number 504. The figures are live: they are taken on every refresh of our market snapshot.
Both at once
When it makes sense to keep accounts on both Bybit and BloFin
Keeping both costs less than it seems: signing up is free, and a choice of two quotes usually beats one. 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
Live Bybit and BloFin prices side by side
Everything in the table above is recomputed together with the rest of the site — pairs, contracts, P2P, networks and the withdrawal fee. Bybit and BloFin can be compared on facts rather than promises.
Where these numbers come from
Prices are read straight from the venues and refresh automatically. There is no averaged rate here: each exchange has its own, which is why both are shown side by side.
How often they refresh
Spot and futures every few seconds; fee tiers and withdrawal networks once a day.
What the numbers say
Where Bybit and BloFin diverge the most
Bybit lists 20 networks for USDT, BloFin lists 12 — that is freedom of route when you move funds. Spot is wider on BloFin: 505 USDT pairs against 389, a gap of 1.3×. The longer contract list belongs to Bybit — 830 perpetuals, against 505. BloFin asks less to move USDT — 0.0500 over POLYGON; Bybit comes to 0.0700 POLYGON. Of the pair, only Bybit feeds our P2P scanner, 89 currencies.
The source of these values
Pair counts, withdrawal chains, fee tiers and P2P currencies are taken from the venues own public references, not from our judgement. Where a venue does not publish a field, we say so plainly instead of filling in a number.
Date of the last recalculation
Snapshot from 12 November 2026; on the page the figures refresh on every visit.
