[Bybit: Virtual currency, NFT] Bybit VS MEXC, which one is better? Virtual currency exchange comparison


Bybit is one of the top cryptocurrency exchanges in the world. However, the reality is that there are many other excellent exchanges in the world of virtual currency exchanges. I saw a difference compared to MEXC, a world-famous exchange.

Global cryptocurrency exchange ranking as of 2023

Bybit ranked 9th in the world according to coinranking.com in the world cryptocurrency exchange ranking. MEXC did not even enter the top 50.

Source : Crypto Exchanges Ranked by Trading Volume | Coinranking

Coinmarketcap.com ranks Bybit 5th and MEXC 8th.

Source : 取引高別仮想通貨取引所 | CoinMarketCap

Bybit is 6th and MEXC is 9th on bitdegree.org.

Analyze All Top Crypto Exchanges Ranked by Volume & Metrics (bitdegree.org)

Overall, Bybit is rated higher than MEXC.

Bybit VS MEXC Comparison Chart

SaaS / Web
SaaS / Web
Support24/7 Live Support
Online Support
24/7 Live Support
Online Support
Live Online
Company Found20182018
LocationUnited Arab EmiratesSingapore
NFT Marketplaces×
Crypto Exchange
Crypto Margin Trading
taker fee0.06%0.20%
maker fee0.01%0.00%
withdrawal fee0.00050.0003
Number of Cryptos2001500

NFT Market

Bybit has opened an NFT marketplace. On the other hand, MEXC does not have it, so Bybit will win.

taker fee

The taker fee is 0.06% for Bybit and 0.20% for MEXC, which is higher for MEXC. Therefore, it is better to choose Bybit.

maker fee

The maker fee is 0.01% for Bybit and 0.00% for MEXC, so Bybit is higher. Therefore, MEXC wins.

Handling virtual currency

MEXC is overwhelmingly advantageous in terms of the number of virtual currencies handled. MEXC is by far the most traded cryptocurrency exchange in the world. It can be said that it is the world’s top level, but there are many unknown coins that do not know the name, so you should consider whether you should invest.

Overall, Bybit has more features

Overall, Bybit has more features than MEXC and is highly rated by users. With that in mind, if you’re on the fence between the two, Bybit seems like the better choice.