Bybit vs MEXC — Which Is Better? Fees, Staking & Winner
Bybit: USDT withdrawal via TRC20 — $1.30; MEXC via TRC20 — $0.50. ETH staking: 2.1% vs 15.0%. Live data, updated every 10 min.
Updated:
MEXC leads on 2 of 3 criteria against 0 for Bybit — the rest are close enough to call a draw. Which of them matters depends on what you need the exchange for.
On staking rates, across the coins both exchanges actually list, MEXC is ahead of Bybit. If passive income is the priority, the edge is on its side.
MEXC has a lower average USDT fee across shared networks with withdrawals open than Bybit. The result may differ on an individual network.
Scorecard
| Criteria | Bybit | MEXC | Winner |
|---|---|---|---|
| Staking Coverage (coins) | Bybit261 | MEXC21 | Winner Reference |
| Best Rates (top-10 coins) | Bybit1 | MEXC6 | Winner MEXC |
| Avg USDT fee on shared networks | Bybit$0.39 | MEXC$0.16 | Winner MEXC |
| Funding Coverage (coins) | Bybit660 | MEXC622 | Winner Reference |
| Network Availability | Bybit81.2% | MEXC82.3% | Winner Draw |
| Coins in the fee database | Bybit793 | MEXC9608 | Winner Reference |
Rows marked “Reference” show catalogue width — the size of the listing, not the quality of the exchange — and do not count towards the overall result. The result comes from three substantive criteria: staking rates, average withdrawal fee and network availability.
The table shows the average USDT fee across the same set of networks where both exchanges allow withdrawals and publish a fee. The summary shows the fee on the named network (TRC20 first, then other networks), not the absolute minimum. The cheapest transfer between these exchanges is calculated separately and requires deposits on the receiving side.
Which one for which job
An overall score decides little: the two exchanges win on different axes. Here is which ones, with the number next to each.
Everything for one coin
Rate, withdrawal and funding per coin at once: Bybit on the left, MEXC on the right.
| Coin | Staking APR | Withdrawal, cheapest network | Funding rate |
|---|---|---|---|
| BTC staking | Staking APR 1.20% / 600.00% | Withdrawal, cheapest network under $0.01 / under $0.01 BTC / BTC | Funding rate +0.0049% per 8 h / +0.0100% per 8 h |
| ETH staking | Staking APR 2.05% / 200.00% | Withdrawal, cheapest network under $0.01 / under $0.01 ARBITRUM / ARBITRUM | Funding rate +0.0045% per 8 h / +0.0078% per 8 h |
| USDT staking | Staking APR 6.04% / 600.00% | Withdrawal, cheapest network free / free PLASMA / PLASMA | Funding rate — / — |
| USDC staking | Staking APR 6.74% / 6.00% | Withdrawal, cheapest network free / free ARC / BSC | Funding rate -0.0151% per 8 h / -0.0025% per 8 h |
| SOL staking | Staking APR 4.69% / 200.00% | Withdrawal, cheapest network under $0.01 / under $0.01 SOL / SOL | Funding rate -0.0011% per 8 h / +0.0086% per 8 h |
| BNB staking | Staking APR 0.80% / — | Withdrawal, cheapest network under $0.01 / under $0.01 BSC / BSC | Funding rate -0.0070% per 8 h / +0.0067% per 8 h |
| XRP staking | Staking APR 0.70% / 5.00% | Withdrawal, cheapest network $0.20 / $0.02 XRP / XRP | Funding rate +0.0093% per 8 h / +0.0100% per 8 h |
| GRAM staking | Staking APR 14.61% / — | Withdrawal, cheapest network $0.02 / under $0.01 TON / TON | Funding rate +0.0050% per 4 h / +0.0050% per 4 h |
| ADA staking | Staking APR 2.14% / — | Withdrawal, cheapest network $0.80 / $2.00 ADA / ADA | Funding rate -0.0011% per 8 h / -0.0031% per 8 h |
| DOGE staking | Staking APR 0.50% / 5.00% | Withdrawal, cheapest network — / — | Funding rate +0.0014% per 8 h / +0.0100% per 8 h |
| HYPE staking | Staking APR — / — | Withdrawal, cheapest network $0.03 / under $0.01 HYPEREVM / HYPEREVM | Funding rate +0.0100% per 8 h / +0.0050% per 4 h |
This pair has no data for that coin.
The fee is the cheapest network with withdrawals open at each exchange; the networks are named separately below the numbers because they often differ. A dash means “not in our data”, not “unsupported”.
How these two differ
These two exchanges solve different problems, and the "which is better" argument almost always comes down to what you trade. Bybit grew out of derivatives: a deep book on major pairs, a mature terminal, copy trading. The Yieldo withdrawal fee database has records for 797 coins at Bybit and 9646 at MEXC, with 702 shared in this sample. This is fee database coverage, not the full trading listings: a missing record does not mean the coin is absent from the exchange.
If you come for a specific freshly listed altcoin, the odds are clearly better on MEXC. If you trade BTC, ETH and a dozen major alts, listing breadth buys you nothing — execution and withdrawal reliability do.
Do not plan a deposit around an assumed no-KYC withdrawal allowance. MEXC publishes 80 BTC/day for Primary KYC and 200 BTC/day for Advanced KYC. Unverified access depends on the region and account restrictions; verification may be required before withdrawal. An approved withdrawal appeal leaves withdrawal and position-closing permissions only. MEXC KYC FAQ.
Which one suits you
- → you trade perpetuals and care about the book, not the length of the coin list
- → you are fine verifying once and never hitting a cap again
- → you withdraw often: 18.8% of networks are closed now against 17.7% on MEXC
- → you would rather not verify for small amounts
- → you buy small-cap alts that Bybit simply does not list
Access and verification
These terms change more often than the numbers above: every fact carries a check date and a source link.
| Criteria | Bybit | MEXC |
|---|---|---|
| Verification (KYC) | BybitRequired | MEXCTiered |
Since 8 May 2023 at least Level 1 verification is mandatory across all products: without it only closing positions and withdrawing remain available.
Do not plan a deposit around an assumed no-KYC withdrawal allowance. MEXC publishes 80 BTC/day for Primary KYC and 200 BTC/day for Advanced KYC. Unverified access depends on the region and account restrictions; verification may be required before withdrawal. An approved withdrawal appeal leaves withdrawal and position-closing permissions only. MEXC KYC FAQ .
This is not legal advice. Exchanges change their rules without notice — check the terms on the platform itself before funding an account.
How to move USDT from Bybit to MEXC
What it costs to move $1 000 in USDT over the cheapest route that is actually open right now.
| Network | Bybit fee | MEXC fee | Bybit → MEXC | MEXC → Bybit |
|---|---|---|---|---|
| PLASMA | Free | Free | open | open |
| APTOS on MEXC: APTOS(APT) | 0.002 | 0.1 | open | open |
| POLYGON on Bybit: MATIC on MEXC: POLYGON(MATIC) | 0.07 | 0.0065 | open | open |
| AVAX on Bybit: CAVAX on MEXC: AVALANCHE C CHAIN(AVAX CCHAIN) | 0.1 | 0.000074 | open | open |
| KAIA on Bybit: KLAY on MEXC: KAIA(KAIA) | 0.1 | 1 | open | open |
| BSC on MEXC: BNB SMART CHAIN(BEP20) | 0.15 | 0.01 | open | open |
| TON on MEXC: TONCOIN(TON) | 0.15 | 0.017 | open | open |
| CELO | 0.5 | 0.05 | open | open |
| SOL on MEXC: SOLANA(SOL) | 0.5 | 0.18 | open | open |
| ETH on MEXC: ETHEREUM(ERC20) | 0.8 | 0.094 | open | open |
| TRC20 on Bybit: TRX on MEXC: TRON(TRC20) | 1.3 | 0.5 | open | open |
A route requires open withdrawals at the sender and deposits at the receiver on the same network and in the same token form. Selection requires a known fee and a withdrawal minimum compatible with 1,000 USDT. The fee shown is the sender withdrawal fee; verify the terms at both exchanges before transferring.
Moving funds between Bybit and MEXC goes straight over the blockchain — there is no intermediary rail, you only pay the sender's network fee.
- Pick a network that is open on both sides. The cheapest right now is PLASMA at 0 USDT on a $1,000 transfer.
- Copy the deposit address on the receiving exchange for that exact network: a TRC-20 address will not accept a BEP-20 transfer, and such transfers cannot always be recovered.
- Check the minimum withdrawal amount — on small transfers it matters more than the fee itself.
- Send the withdrawal and follow the confirmations in the network explorer.
Withdrawal reliability
Share of networks closed for withdrawal right now, and how many times withdrawals actually closed over the last 30 days.
Withdrawal fee database coverage
This compares Yieldo withdrawal fee records, not the full trading listings. A missing record does not mean the exchange lacks the coin, its markets or Earn products.
Staking Rate Comparison
| Coin | Bybit APR | MEXC APR |
|---|---|---|
| BTC staking | 1.20% | 600.00% |
| ETH staking | 2.05% | 200.00% |
| USDT staking | 6.04% | 600.00% |
| USDC staking | 6.74% | 6.00% |
| SOL staking | 4.69% | 200.00% |
| BNB staking | 0.80% | — |
| XRP staking | 0.70% | 5.00% |
| GRAM staking | 14.61% | — |
| ADA staking | 2.14% | — |
| DOGE staking | 0.50% | 5.00% |
Rates over 90 days
A headline APR is one point in time. This shows what it actually hovered around for three months and how often it moved.
| Coin | Bybit | MEXC | ||||||
|---|---|---|---|---|---|---|---|---|
| Now | Average | Range | Changes | Now | Average | Range | Changes | |
| BTC | 1.20% | 1.02% | 0.80–1.20 | 1 | 600.00% | 600.00% | 600.00–600.00 | 0 |
| ETH | 2.05% | 2.03% | 1.46–2.85 | 12810 | 200.00% | 200.00% | 200.00–200.00 | 0 |
| USDT | 6.04% | 4.77% | 2.44–6.91 | 12818 | 600.00% | 600.00% | 600.00–600.00 | 0 |
| USDC | 6.74% | 5.30% | 2.06–9.11 | 12825 | 6.00% | 8.82% | 6.00–11.00 | 3 |
| SOL | 4.69% | 4.66% | 2.94–6.46 | 12837 | 200.00% | 200.00% | 200.00–200.00 | 0 |
| BNB | 0.80% | 0.80% | 0.80–0.80 | 0 | — | — | — | — |
| XRP | 0.70% | 0.70% | 0.70–0.71 | 10 | 5.00% | 5.00% | 5.00–5.00 | 0 |
| GRAM | 14.61% | 15.15% | 13.67–18.66 | 167 | — | — | — | — |
| ADA | 2.14% | 2.05% | 1.76–2.41 | 18 | — | — | — | — |
| DOGE | 0.50% | 0.50% | 0.50–0.50 | 0 | 5.00% | 5.00% | 5.00–5.00 | 0 |
| HYPE | 2.19% | 2.16% | 1.97–2.93 | 90 | 5.00% | 5.00% | 5.00–5.00 | 0 |
A change means the value moved between samples, not the sample itself: polling records the rate regularly, and without that collapse "changes" would simply equal the number of readings.
Withdrawal Fee Comparison
Each row compares one coin on one shared network; fees are in units of that coin. BTC includes only Bitcoin and the separate SegWit option; BTC representations on BSC, X Layer and other chains are excluded. The network and token form must match the receiving address details. Open withdrawals do not guarantee open deposits.
| Coin | Network | Bybit | MEXC |
|---|---|---|---|
| BTC | BTC |
0.000057
BTC
|
0.00002
BITCOIN(BTC)
|
| ETH | ARBITRUM |
0.00004
ARBI
|
0.0000013
ARBITRUM ONE(ARB)
|
| ETH | BASE |
0.0003
BASE
|
0.0000013
BASE
|
| ETH | BSC |
0.0002
BSC
|
0.0000082
BNB SMART CHAIN(BEP20)
|
| ETH | ETH |
0.0003
ETH
|
0.000024
ETHEREUM(ERC20)
|
| ETH | LINEA |
0.0002
LINEA
|
0.00001822
LINEA
|
| ETH | OPTIMISM |
0.00015
OP
|
0.0000023
OPTIMISM(OP)
|
| USDT | APTOS |
0.002
APTOS
|
0.1
APTOS(APT)
|
| USDT | AVAX |
0.1
CAVAX
|
0.000074
AVALANCHE C CHAIN(AVAX CCHAIN)
|
| USDT | BSC |
0.15
BSC
|
0.01
BNB SMART CHAIN(BEP20)
|
| USDT | CELO |
0.5
CELO
|
0.05
CELO
|
| USDT | ETH |
0.8
ETH
|
0.094
ETHEREUM(ERC20)
|
| USDT | KAIA |
0.1
KLAY
|
1
KAIA(KAIA)
|
| USDT | OPTIMISM |
1
OP
|
0.0078
OPTIMISM(OP)
|
| USDT | PLASMA |
Free
PLASMA
|
Free
PLASMA
|
| USDT | POLYGON |
0.07
MATIC
|
0.0065
POLYGON(MATIC)
|
| USDT | SOL |
0.5
SOL
|
0.18
SOLANA(SOL)
|
| USDT | TON |
0.15
TON
|
0.017
TONCOIN(TON)
|
| USDT | TRC20 |
1.3
TRX
|
0.5
TRON(TRC20)
|
| USDC | APTOS |
0.05
APTOS
|
1
APTOS(APT)
|
| USDC | ARBITRUM |
0.2
ARBI
|
0.0033
ARBITRUM ONE(ARB)
|
| USDC | ARC |
Free
ARC
|
0.5
ARC
|
| USDC | AVAX |
1
CAVAX
|
0.00021
AVALANCHE C CHAIN(AVAX CCHAIN)
|
| USDC | BASE |
0.25
BASE
|
0.1
BASE
|
| USDC | BSC |
0.2
BSC
|
Free
BNB SMART CHAIN(BEP20)
|
| USDC | ETH |
0.8
ETH
|
0.17
ETHEREUM(ERC20)
|
| USDC | OPTIMISM |
1
OP
|
0.016
OPTIMISM(OP)
|
| USDC | POLYGON |
0.12
MATIC
|
0.011
POLYGON(MATIC)
|
| USDC | SEIEVM |
0.5
SEIEVM
|
1
SEIEVM
|
| USDC | SOL |
0.3
SOL
|
0.18
SOLANA(SOL)
|
| USDC | SONIC |
0.05
SONIC
|
0.01
SONIC
|
| USDC | SUI |
1
SUI
|
Free
SUI
|
| USDC | XDC |
Free
XDC
|
1
XDC
|
| SOL | SOL |
0.001
SOL
|
0.000037
SOLANA(SOL)
|
| BNB | BSC |
0.0002
BSC
|
0.00001
BNB SMART CHAIN(BEP20)
|
| XRP | XRP |
0.2
XRP
|
0.02
RIPPLE(XRP)
|
| GRAM | TON |
0.02
TON
|
0.0013
TONCOIN(TON)
|
| ADA | ADA |
0.8
ADA
|
2
CARDANO(ADA)
|
| HYPE | HYPEREVM |
0.025
HYPEREVM
|
0.0005
HYPEREVM
|
Funding Rate Comparison
The main rate is normalized to 8 hours: current rate × 8 / exchange interval. Below it are the original rate and interval, plus a simple annualized equivalent. This is an extrapolation, not a payment forecast. Positive: longs pay shorts; negative: shorts pay longs.
| Coin | Bybit | MEXC |
|---|---|---|
| BTC |
0.0049%
+0.0049% per 8 h
5.35% annualized
|
0.0100%
+0.0100% per 8 h
10.95% annualized
|
| ETH |
0.0045%
+0.0045% per 8 h
4.93% annualized
|
0.0078%
+0.0078% per 8 h
8.54% annualized
|
| USDC |
-0.0151%
-0.0151% per 8 h
-16.53% annualized
|
-0.0025%
-0.0025% per 8 h
-2.74% annualized
|
| SOL |
-0.0011%
-0.0011% per 8 h
-1.16% annualized
|
0.0086%
+0.0086% per 8 h
9.42% annualized
|
| BNB |
-0.0070%
-0.0070% per 8 h
-7.71% annualized
|
0.0067%
+0.0067% per 8 h
7.34% annualized
|
| XRP |
0.0093%
+0.0093% per 8 h
10.15% annualized
|
0.0100%
+0.0100% per 8 h
10.95% annualized
|
| GRAM |
0.0100%
+0.0050% per 4 h
10.95% annualized
|
0.0100%
+0.0050% per 4 h
10.95% annualized
|
| ADA |
-0.0011%
-0.0011% per 8 h
-1.16% annualized
|
-0.0031%
-0.0031% per 8 h
-3.39% annualized
|
| DOGE |
0.0014%
+0.0014% per 8 h
1.54% annualized
|
0.0100%
+0.0100% per 8 h
10.95% annualized
|
| HYPE |
0.0100%
+0.0100% per 8 h
10.95% annualized
|
0.0100%
+0.0050% per 4 h
10.95% annualized
|
Funding on average
Annualised percentages from the average rate over 7 and 30 days. The current rate moves every few hours; the average is a property of the venue.
| Coin | Bybit | MEXC | ||
|---|---|---|---|---|
| 7 days | 30 days | 7 days | 30 days | |
| ADA | +0.79% | +0.16% | -0.94% | +5.17% |
| BNB | — | -9.18% | — | — |
| BTC | +6.18% | +4.38% | +5.42% | +3.55% |
| DOGE | +4.55% | +2.12% | +4.03% | +5.78% |
| ETH | +5.49% | +2.96% | +5.01% | +4.11% |
| GRAM | — | +5.00% | +21.90% | +21.89% |
| HYPE | +5.09% | +3.08% | +4.57% | +2.50% |
| SOL | +2.10% | +1.00% | +3.76% | +3.37% |
| USDC | — | -12.27% | — | — |
| XRP | +1.53% | -0.69% | +1.00% | +3.29% |
Arbitrage Opportunities
Current price spreads between Bybit and MEXC.
| Coin | Buy On | Sell On | Spread |
|---|---|---|---|
| ZIL | MEXC | Bybit | 16.77% |
| EGLD | MEXC | Bybit | 2.95% |
| LRC | Bybit | MEXC | 2.52% |
| LUNC | MEXC | Bybit | 0.71% |
| ENSO | MEXC | Bybit | 0.44% |
| SATS | Bybit | MEXC | 0.42% |
| STABLE | MEXC | Bybit | 0.39% |
| BABYDOGE | Bybit | MEXC | 0.28% |
| NEXO | MEXC | Bybit | 0.22% |
| PUFFER | MEXC | Bybit | 0.18% |
FAQ
Which is cheaper to withdraw from — Bybit or MEXC?
Do Bybit and MEXC require KYC?
Which exchange lists more coins?
How do I move funds from Bybit to MEXC?
Which one is more reliable for withdrawals?
Can I fund the account in rubles?
What to choose
MEXC leads on 2 of 3 criteria against 0 for Bybit — the rest are close enough to call a draw. Which of them matters depends on what you need the exchange for.