Lower Fees
0.055
%
Taker Fee ·
Bybit
Higher Volume
$13.07B
Taker Fee ·
Bybit
More Leverage
200x
Taker Fee ·
MEXC
Higher Rating
9.4
/10
Taker Fee ·
Bybit
Rating
About
Bybit, founded in 2018 by Ben Zhou, is the second-largest crypto perpetuals exchange by liquidity and trading volume globally.
Headquartered in Dubai, it serves 60M+ users in 160 regions, providing spot trading, futures, crypto options, staking, and lending across 1,800+ assets.
Bybit holds licenses in UAE, Cyprus, and other tier-1 jurisdictions, secures assets via multi-signature cold storage, and regularly publishes verified Proof of Reserves audits.
MEXC, founded in 2018 by John Chen, is a major crypto exchange offering perpetual futures with leverage up to 200x and access to over 2,900 cryptocurrencies.
Serving 30 million traders in 170 countries, MEXC features low futures fees, diverse altcoin markets, and special perks for high-volume users.
While it provides robust security through Proof of Reserves and cold storage, MEXC remains unlicensed by major regulators and has drawn warnings from several global financial bodies.
Volume & Liquidity
Bybit | MEXC | ||
|---|---|---|---|
Perpetuals Volume (24H) | $13.07B | $11.93B | |
Crypto Options Volume (24H) | $751.20M | $0 | |
Open Interest (24H) | $9.53B | $7.18B |
Fees & Costs
Bybit | MEXC | ||
|---|---|---|---|
Taker Fees | 0.055 % | 0.02 % | |
Maker Fees | 0.02 % | 0 % |
Live Funding Rates
BTC Funding Rate
USDT Settlement
Bybit
0.0004%
MEXC
0.0041%
ETH Funding Rate
USDT Settlement
Bybit
-0.0029%
MEXC
0.0009%
SOL/USDT
USDT Settlement
Bybit
-0.0075%
MEXC
-0.0056%
BNB/USDT
USDT Settlement
Bybit
-0.0014%
MEXC
-0.0034%
Trading Features
Bybit | MEXC | ||
|---|---|---|---|
Perpetual Contract Types | USDT & USDC Settled | USDT only | |
Available Leverage | 125x | 200x | |
Spot Assets | 1800 | 2900 |
Regulation & Trust
Bybit | MEXC | ||
|---|---|---|---|
Regulation | CySEC (Cyprus), VARA (Dubai), FSA (Kazakhstan), and VASP (Georgia) | Unlicensed (Previous Licenses revoked in Seychelles & Estonia) | |
Proof of Reserves | ✓ Yes | ✓ Yes | |
Supported Countries | 160+ | 170 | |
Total Users | 67 Million | 30 Million | |
Headquarters | Dubai, United Arab Emirates | Seychelles |
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