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Bybit vs Pionex

Bybit is built for contracts; Pionex also covers earn, bots and launches. It comes down to what you need more often.

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

Compared by the numbers

These figures come from the venues themselves. Volume is missing on purpose: every exchange counts it its own way, and on a few the top of the book is tokenised equities. The bottom row counts the P2P currencies our scanner reaches, not everything the venue lists.

BybitBybit PionexPionex
USDT pairs389310
Futures contracts830—
Networks for USDT20—
Cheapest USDT withdrawal0.0700 POLYGON—
P2P currencies in our scanner89 currencies—

In short: the difference

How Bybit differs from Pionex

What Bybit is: a derivatives terminal. On the market since 2018, jurisdiction: Dubai, UAE, its own MNT token.

What Pionex is: a venue with bots and a Web3 side. .

What Bybit gives you

Compared with an ecosystem, Bybit leans on its own strengths: 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.

Where Bybit is strong

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

What Pionex gives you

The terminal is strong on contracts, but Pionex has its own ground: An exchange assembled around trading bots: grid, DCA and arbitrage strategies live inside the interface and cost nothing. Spot runs a little past three hundred USDT pairs, and best quotes arrive with their size, which is not often the case. Liquidity is drawn from the large exchanges, so its prices stay next to the market rather than living a life of their own.

Where Pionex is strong

300+ pairs with open sizes at the quote, built-in trading bots at no charge, prices close to the major venues.

What decides it

Fees, withdrawals and limits: where the gap shows

  • Native token. MNT on Bybit cuts fees and opens launches; Pionex 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; Pionex: 300+ pairs with open sizes at the quote, built-in trading bots at no charge, prices close to the major venues.
  • Which job. Bybit is a natural second venue in a route: cheap transfers and predictable execution, while Pionex is as a bot-driven venue with even prices, handy for triangular routes.
  • Worth remembering. Bybit: the spot listing is slimmer than the Asian venues with thousands of pairs. Pionex: funding rates for its perpetuals are not served as a list, so the venue is absent from funding.

Which one fits you

Who Bybit suits

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

Who Pionex suits

Pionex — as a bot-driven venue with even prices, handy for triangular routes.

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: Is Bybit good for spot? Fine for major pairs: nearly four hundred USDT pairs with no random coins on an empty book. For the long tail of new listings keep a wide-listing venue alongside.

Bybit: What does P2P cost on Bybit? There is no single rate: it depends on the currency, the listing's direction and the advertiser's status. For the rouble, buy ads are free while sell ads run 0.25% to 0.30%. For currencies absent from the table the venue charges nothing of its own.

Questions about Pionex

Pionex: What makes Pionex useful for triangular arbitrage? It publishes the size at the best price. Without that number there is no saying how large a route can fill, and venues that withhold it do not enter the triangular section at all.

Pionex: Does Pionex still have an arbitrage bot? The old spot-versus-futures bot left the line-up in February 2024. The Arbitrage section on the site now refers to investment products — a different mechanism entirely.

Pionex: What does running a bot cost? Starting one and subscribing are free, but every trade the bot fills pays the ordinary fee. One turn of a grid bot on a thousand dollars costs about a dollar, and with frequent trades that adds up.

Both at once

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

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. Spot and earn stay on the ecosystem, contracts on the terminal. Moving between them costs pennies on the right network.

Live numbers

Live Bybit and Pionex prices side by side

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 Pionex 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 Pionex diverge the most

Only Bybit of the two reaches our P2P scanner, in 89 currencies. Bybit gives 1.3× the choice on spot: 389 USDT pairs against 310. We can price the USDT withdrawal on Bybit alone — 0.0700 over POLYGON.

The source of these values

Every value in the table is read from the venues themselves: pairs, networks, fee tiers, P2P currencies. We add no estimates of our own and spell out the fields that are missing.

Date of the last recalculation

Snapshot from 12 November 2026; on the page the figures refresh on every visit.

Bybit ↗Pionex ↗

Frequently asked

Pionex 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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