Bybit vs Tapbit: Direct Exchange Overview
Bybit and Tapbit both offer dedicated crypto derivatives environments, but Bybit provides lower standard taker fees for futures traders while Tapbit features a higher exclusive referral discount. When deciding between the two platforms, the choice comes down to whether you prioritize Bybit's lower base taker fee structure and higher sign-up bonus, or Tapbit's substantial fee discount tier through partner channels.
Understanding exchange fee tiers requires distinguishing between maker and taker orders. A maker (limit order) adds liquidity to the order book and waits to be filled, whereas a taker (market order) removes existing liquidity by matching immediately against an existing resting order.
| Feature / Fee Category | Bybit | Tapbit |
|---|---|---|
| Futures Fee (Maker / Taker) | 0.02% / 0.055% | 0.02% / 0.06% |
| Spot Fee (Maker / Taker) | 0.1% / 0.1% | 0.1% / 0.1% |
| Partner Referral Discount | 20% | 40% |
| Partner Sign-up Bonus | $50 | $30 |
| Referral Code | 139439 | SMH_TBPQDSK |
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 are provided under our partner (referral) terms rather than standard public registrations and may be subject to change.
Trading Fee Analysis: Comparing Maker and Taker Costs
Bybit offers cheaper base futures taker trading than Tapbit, while both exchanges maintain identical maker rates and spot trading fees. In the futures market, Bybit charges a base taker fee of 0.055%, which is lower and more cost-effective than Tapbit's 0.06% taker fee. For futures makers, both exchanges are tied with an identical 0.02% rate.
In the spot market, cost parity continues across both platforms. Bybit and Tapbit both charge 0.1% for spot maker orders and 0.1% for spot taker orders. Therefore, active derivatives market takers who execute market orders directly without discounts will incur lower base trading costs on Bybit.
Partner Referral Discounts and Welcome Bonus Breakdown
Tapbit delivers a larger partner fee reduction percentage, whereas Bybit offers a higher initial welcome bonus value. New traders registering with Tapbit using partner referral code SMH_TBPQDSK receive a 40% fee discount and a $30 sign-up bonus.
In contrast, users who register on Bybit with partner referral code 139439 receive a 20% fee discount along with a $50 sign-up bonus. Traders must evaluate whether an immediate $50 welcome incentive on Bybit outweighs the long-term compounding savings of Tapbit's 40% discount on continuous trading activity.
Derivatives Execution and Spot Trading Capabilities
Bybit is tailored toward heavy futures volume execution, while Tapbit caters to traders seeking alternative derivatives trading routes. On Bybit, the lower base taker fee of 0.055% ensures high-frequency and market-order strategies experience less fee drag during rapid position entries and exits.
Tapbit matches Bybit on spot execution pricing at 0.1% / 0.1% (maker / taker) and futures maker pricing at 0.02%. However, traders on Tapbit who frequently take liquidity will rely heavily on the 40% partner discount to offset the higher standard 0.06% taker fee.
Final Verdict: Which Exchange Should You Choose?
Bybit is the clear winner for institutional-grade derivatives traders who want lower baseline taker fees and a higher starting bonus, while Tapbit is strictly better for traders maximizing partner discount percentages.
Choose Bybit (Referral Code: 139439) if you execute standard market orders where the baseline 0.055% taker fee saves money out of the box, or if you prefer a larger upfront $50 bonus. Choose Tapbit (Referral Code: SMH_TBPQDSK) if you want to leverage a 40% referral discount to significantly compress ongoing operational fees over time.
What is the primary difference in futures fees between Bybit and Tapbit?
Both platforms charge the same 0.02% maker fee, but Bybit has a lower default taker fee of 0.055% compared to Tapbit's 0.06% taker fee.
How do the partner referral codes differ for each platform?
Bybit's partner code 139439 grants a 20% fee discount and a $50 sign-up bonus, while Tapbit's partner code SMH_TBPQDSK provides a 40% fee discount and a $30 sign-up bonus.
Are spot trading fees identical on Bybit and Tapbit?
Yes, both Bybit and Tapbit charge identical spot market fees of 0.1% for makers and 0.1% for takers.