BingX vs Bybit 2026
BingX
8.2VS
Bybit
8.5WinnerRatings
BingX
Bybit
Overall Rating
8.2/10
8.5/10
Fees Rating
8.5/10
9/10
Security Rating
8/10
8.3/10
User Experience
8.6/10
8.8/10
Customer Support
8/10
8.2/10
Fees
| BingX | Bybit | |
|---|---|---|
| Maker Fee | 0.1% | 0.1% |
| Taker Fee | 0.1% | 0.1% |
Security & Trust
| BingX | Bybit | |
|---|---|---|
| 2FA Authentication | ||
| Never Hacked | ||
| Insurance Fund | ||
| Cold Storage | 90% | 90% |
Features
| BingX | Bybit | |
|---|---|---|
| Cryptocurrencies | 700+ | 500+ |
| Trading Pairs | 1000+ | 800+ |
| Mobile App | 4.5/5 | 4.6/5 |
| Founded | 2018 | 2018 |
| Headquarters | Singapore | Dubai, UAE |
BingX
Pros
- Best copy trading demo mode (VST) I tested across BingX, Bybit, and Bitget, using live market data for risk-free practice
- Trader transparency is top-tier: full performance history including drawdown periods, not just curated highlight reels
- 15,000+ elite traders to follow with verified, unedited performance stats and proportional position copying
- Performance fee (8-10% of profits only) means you pay nothing when a followed trader loses money
Cons
- $10 million protection fund is 30x smaller than Bitget ($300M) and 100x smaller than Binance SAFU ($1B+)
- Not available in the US, Canada, or to Singapore residents, which limits global reach
- No FCA, SEC, MiCA, or BaFin licensing, putting it below fully regulated platforms for risk-averse traders
Bybit
Pros
- #2 derivatives exchange globally with deep order book liquidity
- Low perpetual fees (0.02% maker / 0.055% taker) with VIP maker rebates
- Up to 200x leverage on BTC/ETH with tiered position sizing
- Best-in-class copy trading with full Master Trader transparency
Cons
- Completely unavailable to US, UK, and Canadian residents
- Regulatory standing is limited to Dubai VARA, no G7 regulator license
- Spot trading still feels secondary to derivatives in depth and features
Frequently Asked Questions
Is BingX better than Bybit?
Based on our testing, Bybit edges ahead overall. BingX scores 8.2/10 versus Bybit's 8.5/10. The gap comes down to fees, features, and ease of use - check the full comparison above for the details that matter most to you.
Which has lower fees, BingX or Bybit?
Based on our testing, Bybit offers lower trading fees. BingX charges 0.1%/0.1% maker/taker fees while Bybit charges 0.1%/0.1%. Bybit scores 9/10 in our fee analysis.
Is BingX safer than Bybit?
Bybit has a stronger security track record based on our analysis. BingX scores 8.0/10 for security versus Bybit's 8.3/10. Both exchanges use standard protections like 2FA, but review the security section above for the full breakdown.
Which exchange has more cryptocurrencies, BingX or Bybit?
BingX supports more cryptocurrencies. BingX lists 700+ coins while Bybit offers 500+. If you're looking for a wide range of altcoins, BingX has the edge here.
Should beginners choose BingX or Bybit?
Bybit is the better pick for beginners based on user experience scores. BingX scores 8.6/10 for UX versus Bybit's 8.8/10. A cleaner interface and simpler onboarding can make a real difference when you're just starting out.
Can I use both BingX and Bybit in the US?
BingX is headquartered in Singapore and US availability depends on state regulations. Bybit is headquartered in Dubai, UAE and US availability depends on state regulations. US regulations vary by state, so always verify current availability in your state directly with the exchange before creating an account. Some exchanges restrict certain features for US customers even when accessible.
