Bybit vs MEXC 2026
Bybit
8.5WinnerVS
MEXC
8.3Ratings
Bybit
MEXC
Overall Rating
8.5/10
8.3/10
Fees Rating
9/10
9.5/10
Security Rating
8.3/10
8/10
User Experience
8.8/10
8.2/10
Customer Support
8.2/10
7.8/10
Fees
| Bybit | MEXC | |
|---|---|---|
| Maker Fee | 0.1% | 0% |
| Taker Fee | 0.1% | 0.05% |
Security & Trust
| Bybit | MEXC | |
|---|---|---|
| 2FA Authentication | ||
| Never Hacked | ||
| Insurance Fund | ||
| Cold Storage | 90% | 90% |
Features
| Bybit | MEXC | |
|---|---|---|
| Cryptocurrencies | 500+ | 2300+ |
| Trading Pairs | 800+ | 2800+ |
| Mobile App | 4.6/5 | 4.4/5 |
| Founded | 2018 | 2018 |
| Headquarters | Dubai, UAE | Seychelles |
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
MEXC
Pros
- Zero maker fees on all 2,800+ spot trading pairs - permanent, no volume tier or token holding required
- 2,300+ listed cryptocurrencies vs Binance (400) and KuCoin (800) - widest altcoin selection among major exchanges
- Consistently first to list new tokens, often 2-4 weeks ahead of Binance and other tier-1 exchanges
- No KYC required for full trading access with withdrawals up to 10 BTC per day (~$600,000)
Cons
- Zero regulatory licenses from any major jurisdiction - Seychelles incorporation provides minimal oversight
- No insurance fund covering user deposits - a hack or insolvency means no compensation mechanism exists
- A large share of 2,300+ listed tokens are dead projects, abandoned experiments, or outright scams
Frequently Asked Questions
Is Bybit better than MEXC?
Based on our testing, Bybit edges ahead overall. Bybit scores 8.5/10 versus MEXC's 8.3/10. 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, Bybit or MEXC?
Based on our testing, MEXC offers lower trading fees. Bybit charges 0.1%/0.1% maker/taker fees while MEXC charges 0%/0.05%. MEXC scores 9.5/10 in our fee analysis.
Is Bybit safer than MEXC?
Bybit has a stronger security track record based on our analysis. Bybit scores 8.3/10 for security versus MEXC's 8.0/10. Both exchanges use standard protections like 2FA, but review the security section above for the full breakdown.
Which exchange has more cryptocurrencies, Bybit or MEXC?
MEXC supports more cryptocurrencies. Bybit lists 500+ coins while MEXC offers 2300+. If you're looking for a wide range of altcoins, MEXC has the edge here.
Should beginners choose Bybit or MEXC?
Bybit is the better pick for beginners based on user experience scores. Bybit scores 8.8/10 for UX versus MEXC's 8.2/10. A cleaner interface and simpler onboarding can make a real difference when you're just starting out.
Can I use both Bybit and MEXC in the US?
Bybit is headquartered in Dubai, UAE and US availability depends on state regulations. MEXC is headquartered in Seychelles 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.
