Bitget vs Bybit: Comparing Fees, Features & Safety in 2025

Bitget and Bybit are both popular cryptocurrency exchanges with millions of users and offer services such as spot trading, perpetual futures contracts, trading bots, copy trading, launchpads, staking services, and a Web3 ecosystem.

Bitget is best known for its large copy-trading portal, whereas Bybit is highly recognized for its derivatives market with high liquidity. In terms of fees, Bybit offers lower taker fees compared to Bitget (0.055% vs 0.06%). Both exchanges are highly secure with multiple safety measures such as 2FA, anti-phishing codes, withdrawal address whitelisting, cold storage, and PoR data. However, Bybit also faced a major hack in 2024, losing over $1.4 billion. Well, the good part is that those were exchange funds, not user funds, so user assets remained safe.

In this guide, we will compare Bitget vs Bybit based on their trading fees, trading features, security measures, geographical availability, and more.

Comparison

Bitget vs. Bybit: Who Provides Better Fees?

Both Bitget and Bybit are very competitive on fees. For most users:

• Spot fees: Tie (both ~0.1% or lower).

• Futures fees: Bybit is slightly cheaper (especially for taker trades at the base level, 0.055% vs. 0.06%).

• Deposits/withdrawals: Tie (no deposit fee; withdrawal = network fee).

• Other fees (fiat, etc.): Comparable (third-party charges or none for P2P).

Spot Trading Fees

You’ll generally find that the entry-level spot trading fees for both exchanges sit around the 0.10% mark. So, at the standard user level, both platforms have a maker fee of 0.10% and a taker fee of 0.10% on spot trades. You know, this is pretty much the same industry norm (Binance, OKX, etc., are around 0.1% as well for regular users).

Okay, first, let’s be clear about what “Maker” and “Taker” mean. 

• A Maker order is one that adds liquidity to the order book, like placing a limit order that waits to be filled at a specific price. 
• A Taker order is one that removes liquidity. It is basically a market order that fills instantly.

Tip: The Taker fee is often slightly higher because you are essentially taking liquidity away from the exchange’s order book.

Now, both crypto exchanges also offer ways to reduce those spot fees. So, if you’re an active trader or you hold the exchange’s native token, you can generally pay less than 0.1%.

Bitget VIP Fees and Discounts

Bitget has a native token called BGB, and if you choose to pay your trading fees in BGB (or sometimes just hold a certain amount of BGB in your account), you really get a 20% discount on spot fees. So instead of 0.10%, the fee drops to 0.08%.

Bitget also has a VIP program where high-volume traders (or people holding large assets on the platform) move to lower fee tiers. To be exact, at the highest VIP levels, your spot fees can actually go down to almost 0% maker or 0.03% taker. 

But again, those tiers require massive trading volumes, so the average person won’t reach them. Generally, if you’re a moderately active trader, you might get down to maybe 0.07% or so with some volume and using BGB for fees. Also, if you are a new user, you can use our Bitget referral code during sign-up and get an additional trading fee discount.

Bybit VIP Fees and Discounts

Bybit similarly has a token discount system. Earlier, you should know that Bybit’s platform used to use the BIT token (from BitDAO) for fee discounts, but today, that token transitioned into MNT (Mantle). So now, Bybit offers 25% off spot fees if you pay with MNT. Well, that brings your spot fees down to 0.075% for maker/taker.

Now, Bybit also has a tiered VIP program. So, if you somehow become a “Supreme VIP” level trader on Bybit (their highest tier, usually institutions or whale traders get there), your spot fees could drop as low as 0% maker and 0.03% taker. Plus, you can use our Bybit referral code during registration to get an additional trading fee discount.

Winner: Well, for the average user comparing spot fees, there’s basically a tie at the base level (0.1% vs 0.1%). But, when you use the token discounts, Bybit has a tiny edge (0.075% vs Bitget’s 0.08%). But again, we’re talking a difference of maybe 0.005 of a percentage point, and that’s practically negligible unless you trade huge volumes. So in everyday use, both exchanges are equally cheap for spot trading.

Futures Trading Fees

• Bitget Futures (Perpetual Contracts): 0.02% maker fee and 0.06% taker fee at the base tier.
• Bybit Futures: 0.02% maker fee and 0.055% taker fee at the base tier.

You can totally see that both platforms offer the same 0.02% maker fee to start, and also, it is exactly the standard for the whole industry. Now, you need to look closely: Bybit’s taker fee is 0.055%, which is a bit lower than Bitget’s 0.060%. 

Well, what this means for you is that if you mostly place market orders (Taker) where you trade instantly, Bybit will be marginally cheaper. However, if you are a somewhat skilled limit-order trader (Maker) and your orders always sit on the book, you will generally get that super-low 0.020% on both platforms.

Both exchanges, again, have VIP tiers for futures that can lower your fees if you trade a lot. With enough volume:

• Bitget can drop to 0% maker and around 0.02% taker at the highest VIP level.
• Bybit can drop to 0% maker and around 0.03% taker at its highest level.

So interestingly, at the absolute top VIP status, Bitget’s taker fee can be slightly lower (0.02%) than Bybit’s (0.03%). But again, how many of us will ever hit those tiers? Probably not many, unless you’re running a hedge fund through these exchanges. 

Funding Rates

Now, with regards to funding rates, those are not exactly exchange fees, but if you’re trading perpetual futures, you’re going to pay or receive funding rate payments periodically (generally 8 hours). Funding rates on both exchanges depend on market conditions; if longs are being more aggressive than shorts, longs pay shorts, and vice versa. 

Well, they’re not set by the exchange arbitrarily; they’re based on market demand and interest rate difference. There’s just no difference between Bitget and Bybit when it comes to funding costs; it’s just the market. 

Yes, you might notice some slight differences in new altcoin pairs in funding rates because the rates are calculated from each exchange’s market data, but generally, they stay in line with the global average. Funding will be very similar at any given time on major contracts such as BTC or ETH perps across exchanges.

Winner: Bybit has a slight edge for most traders at base levels because of that 0.055% vs 0.06% taker fee. Neither charges any hidden fees beyond trading, nor monthly account fees, nor anything else. So, they are both very competitive.

Deposit & Withdrawal fees

Generally speaking, both Bitget and Bybit offer you free cryptocurrency deposits. But when you look at withdrawals, you eventually have to pay a network fee that changes based on the coin, the network you choose, and the current traffic congestion.

The only cost you pay is the fee charged by the blockchain network where the funds are coming from. So, if you send USDT using the TRC-20 (Tron) network, it will be super cheap, but if you send it using the Ethereum network, it will be much, much more expensive because of the gas fees.

Both exchanges similarly do not charge their own withdrawal fee on crypto, other than the required network fee. Actually, this is often called a “pass-through” fee. You have to pay the blockchain transaction cost to get your coins out, and the exchange just passes that on to you. 

For example, if you withdraw Bitcoin from either platform, you’ll pay a BTC network fee (which might be, say, 0.00005 BTC, depending on network congestion). Here, neither Bitget nor Bybit is pocketing extra on that; it’s simply the fee to get your transaction mined.

Now, if you want to deposit or withdraw fiat currency (government money like USD, EUR, etc.), it gets a bit more complex and depends on the region:

• Bank Deposits/Withdrawals: Well, neither Bitget nor Bybit supports direct bank account withdrawals or deposits globally in the way something like Coinbase might. Of course, you may see some third-party processors like Banxa or Simplex, but they charge different fees depending on your region.
• Credit/Debit Card Purchases: You can actually buy crypto with a credit card or debit card on both of these cryptocurrency exchanges. And, this process is generally handled by third-party services (like Simplex, Mercuryo, MoonPay, etc.). So, of course, using a card is convenient but comes with pretty high fees (usually 2-4% per transaction).
• P2P (Peer-to-Peer) Marketplaces: Bitget and Bybit both offer P2P trading platforms where you can buy or sell crypto directly with other users for fiat. But they don’t charge any fees. Yes, zero fees, and you can easily use your local payment methods.

Also, most of the beginners have questions like “Can I withdraw money from Bitget or Bybit to my bank account?”. The answer is: indirectly, yes. Well, both of them won’t just transfer dollars to your bank, but you can sell your crypto for fiat via P2P or other methods, and then receive the money to your bank from the buyer. 

What Are The Outstanding Features of Bitget and Bybit?

The best features of Bitget are spot trading, margin trading (spot margin up to 10x on some pairs), perpetual futures (USDT-margined and Coin-margined), and options (USDT-margined options, up to 125x leverage).

The best features of Bybit are spot, margin trading (Bybit actually introduced spot margin trading in 2023 for a handful of pairs, though it’s not heavily advertised), perpetual futures (USDT, USDC, inverse), traditional futures, options (USDC options on BTC, ETH), and leveraged tokens (and even an NFT marketplace, though that’s separate from trading coins).

Derivatives & Leverage

Both Bitget and Bybit made their name largely in the derivatives market; in fact, with Bybit purely being a derivatives exchange for a very long time, it didn’t even carry any spot trading. Bitget has also heavily emphasized futures trading alongside its spot markets. So, what derivatives can you trade on each, and how do they compare? Let’s see…

Futures / Perpetual Swaps

Bitget provides a wide range of perpetual futures contracts. These are usually USDT-margined contracts. Here, you can hedge with USDT, and the profit/loss is in USDT. Also, there are coin-margined (inverse) contracts for some majors, where you use the crypto itself as margin.

Bitget’s futures cover not just top coins like BTC, ETH, etc., but also a ton of altcoins. To be exact, 300+ futures trading pairs (including some pretty new ones that many exchanges don’t have) can be found on Bitget. 

Also, the interface for futures on Bitget is robust: you have advanced order types (stop loss, take profit, trailing stops, etc.), and the trading view is pretty standard for anyone coming from Binance/OKX style layouts. You can use maximum leverage up to 125x on certain major pairs (like BTC/USDT perpetual might allow 125x). Most of the altcoin contracts will have lower caps, like 25x or 50x, to limit risk.

Bybit is actually a powerhouse in derivatives, as it offers perpetual contracts on a wide variety of cryptocurrencies, plus some quarterly futures for a handful of coins. Mainly, Bybit’s flagship products are USDT perpetuals (with USDT as margin) and USDC perpetuals (with USDC as margin). Plus, they also have Inverse perpetuals (margin in BTC, ETH, etc.).

Also, Bybit was among the first to introduce crypto options on a major exchange. They have USDC-settled options for Bitcoin and Ether, and hence, these allow traders to buy/sell call and put options.

Bybit generally allows up to 100x on BTC and ETH futures, and usually 50x or lower on smaller alt futures. Also, in some cases, Bybit has even gone further, and they have offered 125x on BTC in the past, and even 200x on specific new contracts during promotions.

Unified Trading Accounts

Bitget’s unified account actually allows you to hold, say, BTC, ETH, and USDT all in one account and trade futures, spot, margin, etc., using the combined balance as collateral. Well, this is good because you don’t have to manually shuffle funds between a spot wallet and a futures wallet; it’s all in one place.

Bybit has a similar concept they call the Unified Trading Account (UTA) or portfolio margin. Also, Bybit’s system even lets you use multiple coins and even USD stablecoins interchangeably as collateral for your derivatives and spot margin trading.

Copy Trading & Trading Bots

Bitget really pushes itself as the place to go for copy trading in cryptocurrency. Honestly, they were one of the first major exchanges to truly jump on this trend, and they often claim to be the biggest copy trading platform. 

They’ve even set up an entire “Copy Trading Hub” where experienced guys, they call them “Elite Traders” or “Strategy Providers”, can put up their profiles for others to follow. You get to check out a ton of stats as a follower: the trader’s whole history, their win rate, what assets they prefer, their risk level, and how many other people are already following them. It ends up feeling a lot like a social network just for traders.

You can copy both futures and spot trades on Bitget. Well, that said, most people copy futures traders. Why? Because futures allow you to use leverage. And when you’re following a good trader, you want to jump on such opportunities. 

Now, the actual copy trading process is super simple: you need to select a trader to follow, set a few rules, most importantly, how much money you want to put into each trade, or a stop-loss to protect your capital, and hit “follow”. Then, every time your followed trader opens a position, your account does the same automatically.

Bybit introduced copy trading as well, seeing how popular it was on Bitget and other platforms. Their system also works similarly; you need to follow their “Principal Traders”. It also covers both spot and futures. 

Well, the difference is that Bybit feels a bit more structured. They usually limit the number of Principal Traders available, and each trader has a hard cap on how many followers they can take on. So, the downside is that if a top trader is doing really well on Bybit, their slots fill up fast. You might have to wait around or find someone else.

Bitget, on the other hand, being focused on this, has a massive pool of traders and usually more availability to follow them (though top ones can also hit a follower cap on Bitget, to be fair). Also, Bybit provides stats for each trader as well, so you can analyze their ROI, number of followers, etc.

However, Bybit totally shines when it comes to trading bots, as they offer excellent Grid Bots, which automatically buy low and sell high within a set range, as well as Dollar Cost Averaging (DCA) bots and others. So, honestly, if you prefer automated and more of a hands-off trading through a bot that runs your own strategy, Bybit’s bot selection is really strong. But again, if you prefer to simply trust a person to trade and copy them, Bitget is generally the place to go.

Coins, Pairs, and Liquidity

Bybit offers a broader market coverage overall, especially across derivatives and various product types, whereas Bitget is known for listing a ton of new and smaller altcoins and building strong liquidity in those emerging markets. 

Bitget lists around 1,600+ different cryptocurrencies. Well, this counts all the tokens you can trade either on spot or futures. Bitget has been very aggressive in listings recently, and often is among the first to add new trending coins. Also, they even built an internal “Bitget Seed” algorithm to help identify promising new projects to list early. Here, the idea is that Bitget wants to attract users who are hunting for 100x gems, so if some new layer-2 coin or your favorite meme token starts getting traction, Bitget might list it on spot before a competitor like Bybit or Binance does.

Bybit has around 1,200 coins on the spot market. Well, its selection is also huge, but they have historically been a bit more focused on the major assets like Bitcoin, Ethereum, Solana, and the biggest tokens. Bybit definitely covers all the big names and a lot of mid-sized ones, but it perhaps doesn’t list the very smallest or newest as quickly as Bitget does.

Now, talking about trading pairs, both exchanges offer pairs with USDT, USDC, BTC, and ETH. For example, you can find coins with trading pairs like BTC/ETH, BTC/USDT, BTC/USDC, and SOL/BTC.

Liquidity

Liquidity basically means how easily you can buy or sell a large amount of a coin without the price jumping around too much.

Bybit has a very deep liquidity, that too particularly in derivatives. It’s not uncommon to see Bybit’s BTC perpetual swap have one of the highest open interests and 24h volume in the market (only behind Binance, perhaps). 

Also, Bitget’s spot market liquidity for a lot of those smaller altcoins is genuinely fantastic. Actually, it’s one of the best out there. Because they’re often the first to list a new, hyped token, they frequently become the main exchange where all the volume is concentrated. Hence, if a token is brand new and Bitget is one of the only places to trade it, you’re going to see a ton of liquidity there as everyone rushes in to get their trades done.

Now, for the biggest assets, like Bitcoin (BTC) and Ethereum (ETH), Bitget’s liquidity is still high (billions). But it’s probably just a little bit behind Bybit’s, and that’s mainly because Bybit has historically attracted more of the big, institutional players and “whale” traders.

Well, in terms of exchange rankings by volume (according to CMC data):

• Bybit is usually in the top 3 for derivatives volume globally (often #2 or #3 after Binance, sometimes trading places with OKX).
• Bitget has been in the top 5 of derivatives volume on many days. 

Security & Proof-of-Reserves

Both Bitget and Bybit follow industry best practices when it comes to storing user funds. To start with, most of the assets on each platform are kept in cold storage wallets, and then they each use a multi-signature scheme for moving funds from cold storage. Also, for some of the day-to-day withdrawals, they actually maintain some funds in hot wallets (online wallets) to process withdrawals quickly, but they try to limit that amount to what’s necessary for operational liquidity.

Next, both have 2FA (Two-Factor Authentication) for users. So, you absolutely should enable 2FA (via Google Authenticator or similar) to protect your account login and withdrawals. And even both allow setting up withdrawal address whitelists. They also have anti-phishing codes for emails, login alerts, and other standard account protections.

• Proof-of-Reserves (Transparency): You know, after the FTX collapse, exchanges were under pressure to prove they actually hold customer assets 1:1. So yes, both Bitget and Bybit implemented Proof-of-Reserves (PoR) reporting. Well, this typically involves publishing snapshots of their wallet balances and a method (often a Merkle Tree system) for users to verify that their account balance was included in that total.
• Past Security incidents: We should address the issues now: Bybit’s early 2025 hack. In February 2025, Bybit experienced a major security breach. To be exact, hackers actually exploited a flaw in Bybit’s wallet infrastructure (specifically, a third-party wallet provider’s vulnerability) and managed to steal around $1.4 billion worth of crypto (this was roughly 400k ETH among other assets). Well, this was one of the largest exchange hacks ever in raw amount. Bitget does not face any major hack.
• Regulatory compliance and safety: Bybit and Bitget both are not shy to cut off regions or implement controls when required by law. Now, Bitget, as we saw, voluntarily offboarded all US users in 2023 to stay compliant, and also, Bybit did similar in various countries. They do KYT (Know Your Transaction) monitoring on deposits/withdrawals to ensure no criminal funds circulate, etc.

Bitget vs. Bybit: What Regions Are They Available In?

Both Bitget and Bybit are global exchanges, but yes, they do have a list of restricted regions where they do not offer services. Let’s outline availability in key regions:

As you can see, both Bitget and Bybit avoid the heavily regulated or banned markets like the US, Canada, Singapore, and China. Hence, if you are from those places, unfortunately, you cannot use these exchanges, and you’d have to go with local compliant exchanges (let’s say, in the US, you’d use apps like Coinbase or Kraken, or perhaps look at a decentralized alternative).

Bitget vs. Bybit: Which Exchange Should You Choose?

You can choose between Bitget or Bybit depending on your trading style. Mainly, Bitget is best known for crypto copy trading, whereas Bybit is highly regarded as the futures trading exchange with high leverage and high liquidity. 

Choose Bitget If You…

• Want to engage in copy trading or use built-in trading bots: Bitget literally boasts the largest copy-trading ecosystem in the crypto exchange world. Plus, the bot marketplace on Bitget (for grid trading, etc.) is a big plus if you love automation.
• Are relatively new to crypto trading or prefer a more beginner-friendly experience: Bitget’s interface is straightforward, and the user experience is tailored to not overwhelm newcomers. Also, they offer tiered KYC for you. Hence, this means you can start trading with minimal verification (small limits) and then ramp up.
• Need wide fiat on-ramp options and strong P2P support: Bitget has a secure P2P marketplace and supports many fiat currencies, over 40+ to be exact. You can easily use local bank transfers, e-wallets, credit cards, etc., to buy crypto without any fees.
• Appreciate extra security nets and peace of mind: Bitget is highly secure with multiple safety measures, as discussed above. It even offers a $600M insurance fund to protect users.
• Need a huge variety of coins (1,600+): Now, you should choose Bitget if you are looking to trade smaller, newly listed, or less-common altcoins that might not be available on Bybit. You can also read our honest Bitget review for more info about the exchange.

Choose Bybit If You…

• Are a serious derivatives trader: Bybit is obviously best for derivatives trading, as we discussed above. Also, the platform is built to handle high-volume and high-frequency trades with reliability, and Bybit’s liquidity in perpetual swaps and options is among the best in the industry, maybe after Binance.
• Need advanced trading tools, API access, and a high-performance interface: Well, Bybit is built with institutional-grade features. It offers unified accounts, advanced order types, a web3 ecosystem, a customizable trading interface, and even a launchpad for new tokens.
• Prioritize regulatory compliance and trust in licensed operations: Bybit is highly regulated. It’s among the top exchanges that follow proper rules and regulations wherever they operate. You will find that the exchange is licensed in Dubai and also follows MiCA rules.

Low slippage and deep liquidity: According to CMC data, Bybit’s daily trading volume often exceeds $20 billion. Well, that basically says it is highly liquid and your trades can be easily executed without any price slippage. For more info, check out our in-depth Bybit review.

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