Choosing between Bybit and Tapbit comes down to how you balance base trading fees against ongoing promotional fee reductions. Both platforms cater to crypto derivatives traders, but their fee schedules, referral incentives, and welcome bonuses diverge in critical ways.
Bybit vs Tapbit: Core Specification Overview
Bybit and Tapbit both serve crypto derivatives and spot traders, but they differ noticeably in their maker fee tiers, promotional bonuses, and referral kickback structures. Evaluating both exchanges side by side reveals distinct cost advantages depending on your trading style.
| Feature | Bybit | Tapbit |
|---|---|---|
| Futures Trading Fees | 0.01% ~ 0.06% | 0.02% ~ 0.06% |
| Spot Trading Fees | 0.1% | 0.1% |
| Sign-up Bonus | $50 | $30 |
| Referral Discount | 20% | 40% |
| Referral Code | 139439 | SMH_TBPQDSK |
Futures and Spot Fee Structures Compared
Bybit offers a lower baseline entry for futures maker fees, while both exchanges maintain an identical rate for spot market trading.
When trading futures contracts, Bybit charges fees ranging from 0.01% to 0.06%. Tapbit operates on a futures fee range of 0.02% to 0.06%. Traders who rely heavily on limit orders to capture maker rates will find Bybit's lower boundary of 0.01% more cost-effective than Tapbit's 0.02% entry tier. On the taker end, both platforms cap their standard range at 0.06%.
For spot market transactions, there is no fee difference between the two platforms. Both Bybit and Tapbit set their standard spot trading fee at 0.1%.
Sign-Up Bonuses and Promotional Value
Bybit provides a larger upfront welcome bonus, whereas Tapbit offers a smaller initial bonus alongside a higher long-term fee reduction.
New accounts registered on Bybit can claim a $50 sign-up bonus when using the registration code 139439. In comparison, Tapbit offers a $30 sign-up bonus for new users who sign up with the code SMH_TBPQDSK. For traders seeking immediate promotional funds upon account creation, Bybit provides higher initial bonus capital.
Referral Fee Discounts: Short-Term vs Long-Term Savings
Tapbit delivers double the referral fee discount rate of Bybit, offering greater fee relief over extended trading runs.
Bybit's referral program grants a 20% fee discount using code 139439. Tapbit doubles this benefit by offering a 40% referral discount with code SMH_TBPQDSK. While Bybit has a lower base maker fee on futures, Tapbit's 40% discount significantly reduces effective execution costs across all transactions, making it an attractive option for high-frequency strategies where fee cuts compound over time.
The Final Verdict: Which Exchange Should You Choose?
Choose Bybit if you prioritize a lower baseline futures maker fee and a higher initial sign-up bonus; choose Tapbit if your strategy relies on maximizing ongoing referral discounts.
- Choose Bybit if: You want access to maker fees starting at 0.01% on futures, an identical 0.1% spot fee, and an upfront $50 welcome bonus using code 139439.
- Choose Tapbit if: Your primary objective is securing a 40% referral fee discount to lower your trading overhead long term, alongside a $30 welcome bonus using code SMH_TBPQDSK.
Frequently Asked Questions
What is the referral discount for Tapbit compared to Bybit?
Tapbit offers a 40% referral discount with the code SMH_TBPQDSK, while Bybit provides a 20% referral discount with the code 139439.
Which exchange provides a larger sign-up bonus?
Bybit provides the larger sign-up bonus at $50, compared to Tapbit's sign-up bonus of $30.
How do futures trading fees compare between Bybit and Tapbit?
Bybit's futures fees range from 0.01% to 0.06%, whereas Tapbit's futures fees range from 0.02% to 0.06%.