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Bybit vs MEXC

You go to MEXC for new listings and to Bybit for leverage. Picking one is rarely necessary — people keep both.

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

Compared by the numbers

All of it is pulled from the platforms as they publish it. Volume is the one figure we skip — the counting rules differ so widely that a side-by-side would mislead rather than inform.

BybitBybit MEXCMEXC
USDT pairs3891,396
Futures contracts8301,115
Networks for USDT208
Cheapest USDT withdrawal0.0700 POLYGON0.0100 BSC
P2P currencies in our scanner89 currencies22 currencies

In short: the difference

How Bybit differs from MEXC

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

What MEXC is: a venue that lists early and often. On the market since 2018, jurisdiction: Seychelles, its own MX token.

What Bybit gives you

Against an early-listing venue, Bybit plays a different game: 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 MEXC gives you

The terminal is strong on contracts, but MEXC has its own ground: Coins arrive here before they reach the majors: fifteen hundred spot pairs and over a thousand perpetuals, among the broadest selections we cover. P2P, savings and staking, Kickstarter and copy trading are all present. The spot maker fee is zero and USDT leaves free over Plasma.

Where MEXC is strong

a zero maker fee, free withdrawals on Plasma, early listings, 1500 spot pairs.

What decides it

Fees, withdrawals and limits: where the gap shows

  • Jurisdiction. Bybit sits in Dubai, UAE, MEXC in Seychelles. It shapes both the checks you pass and what the venue has to disclose.
  • Native tokens. Bybit has MNT, MEXC has MX: 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; MEXC: a zero maker fee, free withdrawals on Plasma, early listings, 1500 spot pairs.
  • Which job. Bybit is a natural second venue in a route: cheap transfers and predictable execution, while MEXC is for anyone chasing new coins and working from a wide list.
  • Worth remembering. Bybit: the spot listing is slimmer than the Asian venues with thousands of pairs. MEXC: among thousands of pairs many are very thin: check the book before size.

Which one fits you

Who Bybit suits

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

Who MEXC suits

MEXC — for anyone chasing new coins and working from a wide list.

What people ask most

Questions about Bybit

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.

Bybit: Can crypto be bought with hryvnia? The hryvnia is among the 57 currencies in P2P HotSwap. That is a separate product: an advertiser quotes the fiat leg and a third-party provider supplies the coin. The currency lists for ordinary P2P, HotSwap and one-click buy do not match.

Bybit: What does trading on Bybit cost? Spot is 0.10% both ways for an ordinary user, perpetuals 0.02% maker and 0.055% taker, options 0.02% and 0.03%. The rate falls with the tier: at the top step the contract maker fee reaches zero.

Questions about MEXC

MEXC: Is the spot fee really zero? Zero for the maker — an order that rests in the book and fills. Buying at market makes you a taker, paying the normal rate, though one of the lowest around.

MEXC: Can I trade without verification? Spot is available with daily withdrawal limits. Lifting them, and P2P, require verification.

MEXC: What does trading on MEXC cost? The spot maker fee is zero. Under the zero-fee programme both sides are free; under the later standard model the taker pays 0.05%. The rate on your own fee page takes priority. Contracts are 0.01% maker and 0.04% taker as standard.

Both at once

When it makes sense to keep accounts on both Bybit and MEXC

Nothing stops you from opening an account on both: it is free, and a pair of venues almost always beats any single one on price. The coin is bought where it already trades, moved across and shorted with a contract on the other — that locks the price while the transfer runs.

Live numbers

Live Bybit and MEXC 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 MEXC 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

What differs most in the Bybit and MEXC numbers

Spot is wider on MEXC: 1,396 USDT pairs against 389, a gap of 3.6×. Bybit feeds the scanner P2P in 89 currencies; MEXC in 22. Moving USDT costs less on MEXC: 0.0100 over BSC, where Bybit wants 0.0700 POLYGON. USDT leaves Bybit over 20 networks and MEXC over 8: the wider the choice, the easier a cheap bridge is to find. The longer contract list belongs to MEXC — 1,115 perpetuals, against 830.

What this comparison is built on

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.

How fresh this snapshot is

Snapshot from 13 November 2026; on the page the figures refresh on every visit.

Bybit ↗MEXC ↗

Frequently asked

MEXC or Bybit — which should you pick?
It is the same choice whichever way round you write it. The comparison above is built on what can be measured: fees, pair counts, withdrawal chains and funding routes. Look less at which venue is "better" in general and more at which of those matters to you.

Other comparisons and walkthroughs

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