Bybit vs MEXC: Core Trading Fee Comparison
MEXC offers a lower overall base fee structure across both futures and spot markets compared to Bybit. When evaluating trading costs, orders are classified as either Maker or Taker: Maker orders (such as limit orders) add liquidity to the order book, while Taker orders (such as market orders) remove liquidity by filling immediately against existing orders.
| Feature / Fee Category | Bybit | MEXC |
|---|---|---|
| Futures Fee (Maker / Taker) | 0.02% / 0.055% | 0–0.01% / 0.01–0.04% |
| Spot Fee (Maker / Taker) | 0.1% / 0.1% | 0% / 0.05% |
| Partner Referral Discount | 20% | 20% |
| Partner Sign-up Bonus | $50 | $15 |
| Referral Code | 139439 | mexc-coingod |
Fees are based on each exchange's official fee schedule (verified on 2026-09-23).
Note: The referral discounts and sign-up bonuses listed above reflect our specific partner conditions rather than standard public promotional terms, and these promotional figures are subject to change.
Futures Trading Cost Analysis
MEXC is mathematically cheaper than Bybit for perpetual futures trading across all standard order types. Bybit charges a base futures fee of 0.02% for maker orders and 0.055% for taker orders. In contrast, MEXC charges between 0–0.01% for maker orders and 0.01–0.04% for taker orders.
On MEXC, exact rates depend on the traded pair: major pairs like BTC and ETH carry 0% maker and 0.01% taker rates, most other pairs cost 0.01% maker and 0.04% taker, and specific promotional pairs trade at 0% maker and 0% taker. Comparing maker rates, MEXC's 0–0.01% is lower than Bybit's 0.02%. Comparing taker rates, MEXC's 0.01–0.04% is lower than Bybit's 0.055%.
Spot Market Fee Structure
MEXC provides a significantly more cost-effective spot trading environment than Bybit. Bybit maintains a flat 0.1% maker and 0.1% taker fee for base-tier spot trades. MEXC sets its spot trading rates at 0% for maker orders and 0.05% for taker orders.
Comparing spot maker costs, MEXC's 0% is lower than Bybit's 0.1%. For spot taker executions, MEXC's 0.05% is also lower than Bybit's 0.1%. Traders executing spot rebalancing or accumulation will incur lower direct transaction costs on MEXC.
Exclusive Partner Discounts and Welcome Bonuses
Both exchanges provide an identical 20% trading fee discount through our partner links, but Bybit offers a substantially higher sign-up bonus. Traders registering on Bybit with referral code 139439 unlock a 20% fee discount alongside a $50 sign-up bonus under partner terms.
Traders registering on MEXC with referral code mexc-coingod receive a 20% fee discount and a $15 sign-up bonus under partner terms. While both platforms reduce your ongoing trading fees by 20%, Bybit provides more upfront bonus capital upon account creation.
Final Verdict: Which Exchange Should You Trade On?
Traders whose primary objective is minimizing transaction overhead must choose MEXC, while traders prioritizing a higher initial bonus allocation should register on Bybit. MEXC is the definitive winner on raw execution costs, featuring lower futures maker fees (0–0.01% vs 0.02%), lower futures taker fees (0.01–0.04% vs 0.055%), and lower spot fees (0% / 0.05% vs 0.1% / 0.1%). However, if maximizing your initial partner reward is your focus, Bybit's $50 bonus outweighs MEXC's $15 bonus.
Frequently Asked Questions
What is the difference between maker and taker fees in crypto futures?
Maker fees apply to limit orders that rest on the order book and provide liquidity, whereas taker fees apply to market orders that execute immediately against existing liquidity.
Which exchange has lower futures fees between Bybit and MEXC?
MEXC has lower futures fees, charging 0–0.01% maker and 0.01–0.04% taker compared to Bybit's 0.02% maker and 0.055% taker.
How do I activate the 20% referral discount on these exchanges?
Enter referral code 139439 when registering on Bybit or referral code mexc-coingod when registering on MEXC to apply the 20% partner fee discount.