Bybit vs BingX: 2026 Comparison
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Bybit wins this comparison with 5 of 10 category advantages. Bybit offers up to 30,000 USDT. Score: Bybit 5–2 BingX.
Bybit vs BingX — Quick Comparison
| Feature | Bybit | BingX |
|---|---|---|
| Bonus Amount | Up to 30,000 USDT ✓ | Up to 5,000 USDT |
| Overall Rating | 9.8 / 10 ✓ | 9 / 10 |
| KYC Requirement | Required | Required |
| Minimum Deposit | 100 USDT | 50 USDT ✓ |
| Volume to Unlock | 10,000 USDT | 5,000 USDT ✓ |
Bybit has the edge in this comparison (5/10 categories).
Full Comparison Table
| Category | Bybit | BingX |
|---|---|---|
| Bonus Amount Maximum advertised welcome bonus | ✓ Better Up to 30,000 USDT | Up to 5,000 USDT |
| Overall Rating Editorial score based on product quality, trust and value | ✓ Better 9.8 / 10 | 9 / 10 |
| KYC Requirement "Not Required" means basic trading available without identity verification | = Tied Required | = Tied Required |
| Minimum Deposit Minimum first deposit to activate the welcome bonus | 100 USDT | ✓ Better 50 USDT |
| Volume to Unlock Trading volume required for upper bonus tiers (lower = easier) | 10,000 USDT | ✓ Better 5,000 USDT |
| Established Founded year — older exchanges have longer operational track records | = Tied 2018 | = Tied 2018 |
| Registered Users Approximate registered user count per exchange disclosures | ✓ Better 30M+ | 10M+ |
| Regulatory Licences Major regulatory approvals held by the exchange | ✓ Better Dubai VARA | Not listed |
| Platform Features Spot, futures, copy trading, earn, web3, etc. | ✓ Better 8 features | 6 features |
| Country Coverage "Global" exchanges operate in most jurisdictions | = Tied Global | = Tied Global |
| Category Wins | 5 | 2 |
Which Exchange Should You Choose?
Choose Bybit if…
- ✓ Futures traders
- ✓ Copy trading beginners
- ✓ High-volume users
- ✓ Web3 & DeFi users
Bonus Breakdown
Bybit
Up to 30,000 USDT Welcome Package- 20 USDTRegistration Reward Register via referral link and verify email
- 200 USDTDeposit Bonus Make your first qualifying deposit
- 29,780 USDTFutures Trading Rewards Complete futures trading volume milestones
BingX
Up to 5,000 USDT Welcome Bonus- 20 USDTRegistration Bonus Complete registration and verify account
- 100 USDTFirst Deposit Reward Make a qualifying first deposit
- 4,880 USDTFutures Trading Vouchers Complete futures trading volume milestones
Pros & Cons
Bybit
Pros
- ✓ One of the highest welcome bonus packages in the industry
- ✓ Strong derivatives and futures trading platform
- ✓ Copy trading lets beginners follow professional traders
- ✓ Web3 wallet integrated directly into the exchange app
- ✓ Available in most countries globally
Cons
- ✗ Full bonus requires significant trading volume milestones
- ✗ KYC verification required for full access
- ✗ Not available for US, UK or Canada residents
BingX
Pros
- ✓ Beginner-friendly interface designed for new traders
- ✓ Social and copy trading features ideal for learning
- ✓ Available in most countries globally
- ✓ P2P trading for easy fiat on-ramp
Cons
- ✗ Smaller overall trading volume compared to top-tier exchanges
- ✗ KYC and deposit required to unlock full bonus
- ✗ Not available for US residents
Fees & Trading Costs
Bybit
- Spot maker fee 0.1%
- Spot taker fee 0.1%
- Futures maker 0.01%
- Futures taker 0.06%
- Max leverage Up to 100x
- P2P trading ✓ Available
- Trading pairs 1600+
BingX
- Spot maker fee 0.1%
- Spot taker fee 0.1%
- Futures maker 0.02%
- Futures taker 0.05%
- Max leverage Up to 150x
- P2P trading ✗ Not available
- Trading pairs 500+
Fees shown are standard rates. Discounts apply with native token holdings or VIP tiers. Always verify current fees on the official exchange fee schedule.
Platform Features
| Feature | Bybit | BingX |
|---|---|---|
| Spot Trading | ✓ | ✓ |
| Futures / Derivatives | ✓ | ✓ |
| P2P Trading | ✓ | ✗ |
| Copy Trading | ✓ | ✓ |
| No KYC Option | ✗ | ✗ |
| No Deposit Required | ✗ | ✗ |
| Proof of Reserves | ✓ Published | – |
| Years Operating | Since 2018 | Since 2018 |
New to crypto? Our beginner pick
If you're just getting started, Bybit is the more approachable option between the two. The onboarding process is straightforward and the interface is designed with new users in mind. The platform offers clear documentation and support resources for first-time traders.
Bybit wins this comparison
Bybit leads across 5 of 10 categories in our side-by-side review.
Frequently Asked Questions
Frequently Asked Questions
Which is better: Bybit or BingX?
Based on our editorial scoring across 10 categories, Bybit edges ahead with 5 category wins to 2. However, the right choice depends on your priorities — Bybit is stronger for futures traders and copy trading beginners, while BingX is better suited for beginner traders and social & copy trading.
Does Bybit require KYC?
Yes, Bybit requires identity verification (KYC) to access full trading features and to claim the welcome bonus. You will need to submit a government-issued ID and complete the verification process.
Does BingX require KYC?
Yes, BingX requires identity verification (KYC) to access full trading features and to claim the welcome bonus. You will need to submit a government-issued ID and complete the verification process.
What is the minimum deposit for Bybit vs BingX?
Bybit requires a minimum deposit of 100 USDT to activate its welcome bonus. BingX requires 50 USDT. BingX has the lower barrier to entry.
Can I claim bonuses on both Bybit and BingX?
Yes — welcome bonuses are one-time offers per exchange, not mutually exclusive between platforms. You can open accounts on both Bybit and BingX and claim each platform's welcome bonus independently, provided you meet the individual requirements for each.
Which has lower trading fees — Bybit or BingX?
Bybit charges 0.1% maker / 0.1% taker on spot. BingX charges 0.1% maker / 0.1% taker. Maker fees are equal. Both platforms reduce fees for high-volume traders.
Which is better for beginners — Bybit or BingX?
Both Bybit and BingX are accessible to beginners. Neither has a clear usability advantage — the right choice comes down to which payment methods you want to use and which trading interface you find more intuitive. Both offer educational resources for new traders.
Does Bybit or BingX have P2P trading?
Bybit has P2P trading — you can buy crypto directly with local payment methods without going through the exchange's order book. BingX does not have a native P2P desk; use its standard deposit methods instead.
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