MEXC and Bybit are both top-10 global exchanges, but they’re designed for very different traders. MEXC is the fee-minimalist altcoin hunter’s paradise. Bybit is the full-featured derivatives powerhouse. Here’s the complete breakdown.
⚡ Quick Answer
MEXC wins: fees (0% vs 0.1%), altcoin selection (2,000+ vs 600+), new listings.
Bybit wins: liquidity, copy trading, trading bots, ecosystem, welcome bonus.
Fees: MEXC Wins Decisively
| Fee | MEXC | Bybit | Difference |
|---|---|---|---|
| Spot Maker | 0.00% | 0.10% | MEXC saves $100 per $100k vol |
| Spot Taker | 0.05% | 0.10% | MEXC saves $50 per $100k vol |
| Futures Maker | 0.00% | 0.02% | MEXC saves $20 per $100k vol |
| Futures Taker | 0.05% | 0.055% | Near tie |
Coin Selection: MEXC’s Unmatched Altcoin Library
MEXC lists 2,000+ cryptocurrencies — more than 3x Bybit’s ~600. For altcoin traders, this isn’t a minor difference. MEXC consistently lists new projects days or weeks before any other major exchange. If a token is gaining traction on Solana, in the meme coin space, or in any emerging sector, it’s almost certainly on MEXC first.
🧮 Use our free crypto exchange fee calculator to compare spot and futures trading costs across the top exchanges side by side.
Bybit’s 600+ pairs cover all major and many mid-cap assets, but small-caps and new listings are sparse. If you missed a listing on MEXC, you probably won’t find it on Bybit.
Features: Where Bybit Leads
| Feature | MEXC | Bybit |
|---|---|---|
| Copy Trading | ✗ No | ✓ Yes |
| Advanced Trading Bots | Basic | ✓ Advanced |
| New Token Listings | ✓ Fastest | Selective |
| Spot Pairs | 2,000+ | 600+ |
| Welcome Bonus | Up to $1,000 | Up to $30,000 |
| Max Leverage | 200x | 100x |
| Launchpad | Kickstarter | ✓ Active |
| Liquidity (BTC perp) | Good | Excellent |
Security Comparison
Bybit’s $1.4B Hack (February 2025)
Bybit was hacked for $1.4B in ETH by North Korea’s Lazarus Group in February 2025 — the largest exchange hack in history. They covered 100% of user losses. MEXC has had no comparable incident. Both currently publish regular proof of reserves.
Who Should Choose Which?
Choose MEXC if:
- You trade altcoins and new listings
- Fee minimization is top priority
- You want 0% maker fees permanently
- You hunt early-stage token launches
- You’re a high-volume spot trader
Choose Bybit if:
- You use copy trading
- You need advanced trading bots
- You trade large BTC/ETH positions
- You want the biggest welcome bonus
- You want a full-featured ecosystem
Our Call
For altcoin spot traders focused on fees, MEXC is clearly better — 0% fees and 2,000+ coins is a combination Bybit can’t match. For derivatives traders and copy traders who want a full ecosystem, Bybit is the stronger platform. Opening accounts on both takes 5 minutes and costs nothing.
Open MEXC — 0% Fees · 2,000+ Coins →
Open Bybit — Up to $30,000 Bonus
Frequently Asked Questions
Is MEXC better than Bybit?
For altcoin spot trading and fee minimization: yes, MEXC is better. For liquidity, copy trading, and full-featured derivatives: Bybit is stronger. The right choice depends on your trading style.
Which has lower fees — MEXC or Bybit?
MEXC charges 0% maker fee on spot and futures. Bybit charges 0.1% spot and 0.02% futures maker. MEXC is significantly cheaper on fees.
Is MEXC safe?
Yes. MEXC has no major security incidents on record and publishes regular proof of reserves. It’s a legitimate top-10 exchange with 10+ million users.
Affiliate disclosure: This article contains referral links to MEXC and Bybit.