MEXC, launched in 2018, is a centralized cryptocurrency exchange serving over 40 million users across 170+ countries. It offers spot and futures trading, staking, and early token launchpad access. MEXC focuses on low trading fees, rapid token listings, and advanced trading tools, making it appealing for traders seeking exposure to emerging tokens. Its desktop and mobile platforms provide multiple order types, professional charting, and fast execution suitable for both retail and professional traders.
Bybit, founded in 2018 and headquartered in Singapore, is a rapidly growing cryptocurrency derivatives exchange. Bybit specializes in perpetual contracts, futures trading, and leveraged trading, though it also provides spot trading for a smaller selection of cryptocurrencies. The platform is known for high-speed execution, advanced trading tools, and competitive leverage options. Bybit appeals primarily to professional traders and those seeking derivatives-focused trading experiences.
MEXC offers competitive fees starting from 0.1% for spot trading, with promotions reducing maker fees to 0% and taker fees to 0.02–0.05%. MX token holders receive additional discounts. Bybit charges 0.1% for spot trading and 0.03% maker / 0.06% taker for perpetual contracts, with discounts for VIP tiers and token staking. Withdrawal fees on MEXC are generally lower than Bybit for most major tokens.
Trading Fees, Liquidity, and Supported Tokens Comparison
| Feature | MEXC | Bybit |
|---|---|---|
| Spot Trading Fee | 0.00–0.05% | 0.1% |
| Futures Trading Fee | 0.00–0.02% maker/taker | 0.03–0.06% |
| Fee Discounts | MX token | VIP tiers, BYD token |
| Daily Spot Trading Volume | ~$10–12B | ~$2–4B |
| Supported Tokens | 2,600+ | ~250 |
| Withdrawal Fees | Low for major tokens | Moderate, network-dependent |
MEXC offers broader token availability and lower fees, while Bybit is more optimized for professional derivatives traders. Active altcoin traders and those trading new projects may find MEXC more advantageous, whereas leveraged traders may prefer Bybit’s derivatives infrastructure.
MEXC lists over 2,600 spot trading pairs, including newly launched altcoins. Bybit supports roughly 250 cryptocurrencies, focusing mainly on high-liquidity tokens and derivatives.
Key Cryptocurrency Highlights:
MEXC: wide altcoin coverage, early token listings, high liquidity for emerging tokens
Bybit: strong focus on BTC, ETH, and derivatives-linked altcoins
MEXC provides high liquidity across altcoins and medium liquidity for BTC/ETH, with daily spot volumes of $10–12B. Bybit offers high liquidity for major derivatives pairs, but spot markets are smaller at $2–4B daily. Futures and perpetual contracts are more robust on Bybit, while MEXC provides a wider variety of altcoins for spot trading.
MEXC implements cold storage, two-factor authentication, withdrawal whitelists, and real-time monitoring. Bybit uses similar security features, including insurance funds for derivatives, withdrawal limits, and 2FA. Both exchanges are secure, though MEXC’s rapid listing of new tokens introduces slightly higher risk for traders on smaller projects.
MEXC offers fast execution, advanced charting, and professional tools optimized for altcoin traders. Bybit provides a derivatives-focused interface with robust order types, leverage options, and a mobile-friendly interface.
User Experience Highlights:
MEXC: fast execution, altcoin-focused, mobile optimized, advanced charting
Bybit: derivatives-focused interface, leverage options, professional trading tools
MEXC supports multiple crypto networks and selected fiat gateways with low withdrawal fees. Bybit allows cryptocurrency deposits and withdrawals, with higher network-dependent fees. Traders prioritizing low-cost transfers and altcoin variety may prefer MEXC, while Bybit is optimized for margin and derivatives trading.
MEXC provides flexible staking, promotional yield products, and early token launchpad access. Bybit offers staking for select coins, derivative-based savings, and occasional promotional events. Traders seeking early access and promotional yields may prefer MEXC, while Bybit is designed for derivative and leveraged users seeking yield on major tokens.
MEXC supports advanced order types, low-latency APIs, and algorithmic trading. Bybit provides professional tools focused on derivatives, including conditional orders, leverage calculators, and trading bots. MEXC caters to both retail and professional users, while Bybit is more specialized for derivatives traders.
MEXC provides 24/7 live chat, email support, and a responsive community. Bybit offers live chat and email support, with multilingual options. Response times on MEXC are generally faster for altcoin-related inquiries, while Bybit’s support focuses on derivatives issues.
MEXC operates in 170+ countries with region-specific compliance. Bybit is globally accessible but restricts certain regions due to regulatory compliance, especially derivatives trading. MEXC offers broader global access for retail traders, while Bybit is better suited for professional traders in supported jurisdictions.
| Feature | MEXC | Bybit |
|---|---|---|
| Spot Trading Fee | 0.00–0.05% | 0.1% |
| Futures Trading Fee | 0.00–0.02% maker/taker | 0.03–0.06% |
| Fee Discounts | MX token | VIP tiers, BYD token |
| Supported Tokens | 2,600+ | ~250 |
| Daily Spot Trading Volume | ~$10–12B | ~$2–4B |
| Liquidity | High for altcoins, medium BTC/ETH | High for derivatives pairs |
| Staking & Earn | Flexible staking, promotional yield | Limited staking & derivative-based |
| Launchpad | Early token access | Occasional promotions |
| User Interface | Fast execution, advanced charting | Professional derivatives interface |
| Deposit & Withdrawal | Multiple networks, low fees | Crypto only, moderate fees |
| Security | Cold storage, 2FA, monitoring | Insurance funds, 2FA |
| Customer Support | 24/7 live chat, responsive | Live chat, email, multilingual |
| Country Availability | 170+ countries | Global, with restrictions |
MEXC provides lower fees, more altcoin options, and early launchpad access. Bybit specializes in derivatives, leveraged trading, and professional-grade features.
Pros — MEXC: low fees, broad altcoin coverage, fast token listings, high-speed execution, launchpad access.
Pros — Bybit: advanced derivatives trading, high liquidity for perpetual contracts, professional tools.
Cons — MEXC: regulatory variance, risk with newly listed tokens.
Cons — Bybit: higher fees for spot trading, smaller altcoin selection, derivatives-focused interface.
MEXC is ideal for traders seeking low fees, altcoin exposure, and early token access. Bybit is suitable for derivatives traders seeking leverage, advanced tools, and professional-grade trading infrastructure. Active altcoin and promotional-focused traders will benefit from MEXC, while professional derivatives traders may prefer Bybit.
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