Bybit fees and review
A derivatives-first exchange with a fast matching engine and an interface built for futures.
Referral code
Registering through this link applies the code automatically. Confirm it appears on the registration form before submitting.
Restricted countries
Bybit trading fees
Standard-tier rates. What a newly created account pays before any volume or token discounts.
| Specifications | Maker | Taker | With the referral code applied |
|---|---|---|---|
| Spot | 0.10% | 0.10% | 0.09% / 0.09% |
| Futures | 0.02% | 0.055% | 0.018% / 0.05% |
Rates change. Confirm on the official fee schedule before funding an account. Terms verified Aug 14, 2026
Bybit advertises up to 30% commission to affiliates, paid Weekly. The discount above is the portion passed on to you.
Review
Bybit was built around perpetual futures rather than having them bolted on, and it shows in the trading interface. Position management, take-profit and stop-loss placement, and the way partial fills are displayed are all clearer than on exchanges that started as spot venues. For anyone whose primary activity is leveraged trading, this is the most usable platform in this comparison.
The matching engine has held up better than most during volatile periods. Exchange downtime during a sharp move lands exactly when liquidation prices are hit, and being unable to close a position because the platform is unresponsive is a direct loss. Bybit's track record here is a reason to pick it over cheaper alternatives.
Fees are 0.10% flat on spot and 0.02% maker with 0.055% taker on futures. That half-basis-point taker rate is easy to misread as 0.06%. It is slightly higher than Binance or OKX at 0.05%, which matters if you trade primarily with market orders, but it undercuts Bitget and KuCoin. If most of your volume is limit orders resting on the book, the maker rate is identical to everyone else's and the difference disappears.
The referral discount on Bybit is smaller than several competitors offer, and commission is paid weekly rather than daily. Neither is a large practical difference for a trader, but it is worth being honest that Bybit's referral terms are not the most generous here, the reason to choose it is the platform, not the code.
Bybit has tightened verification requirements over time and now requires KYC for essentially all meaningful activity. It has also withdrawn from or restricted several markets, including the UK retail market. Check the restriction list before assuming you can register.
What it does well
- The clearest futures trading interface of any exchange here, with good position management
- Strong uptime record during volatile periods, which is when it actually matters
- Maker fee of 0.02% on futures matches the cheapest venues in this comparison
- Deep liquidity on major perpetual pairs, second only to Binance
- Korean-language interface and support
Where it falls short
- Taker fee of 0.055% on futures is higher than Binance, OKX or MEXC
- Referral discount is smaller than most competitors offer
- Commission pays weekly rather than daily
- Restricted in the UK, US and several other markets
- Fewer listed assets than MEXC or Gate.io if you trade small caps
How to register with the Bybit code
Register through the referral link
The code is carried in the URL and binds at account creation. Bybit cannot attach a code to an existing account, so this has to happen before you sign up.
Verify the invite code on the signup form
Bybit shows the referral code in a field on the registration page. Confirm it is populated before submitting, if it is empty, paste the code in manually.
Complete identity verification
Bybit requires KYC for deposits, withdrawals and derivatives trading. A government photo ID and a liveness check are needed. Approval is usually quick.
Set up 2FA and a withdrawal address whitelist
Enable an authenticator app, then add your withdrawal addresses to the whitelist. Whitelisting means a compromised account cannot send funds to an address you have not pre-approved.
Bybit at a glance
- Founded
- 2018
- Headquarters
- Dubai, UAE
- Listed assets
- 700+
- Max leverage
- 100x
- KYC
- Required
- Fiat currencies
- USD, EUR, TRY, BRL
- Korean interface
- Yes
- Restricted countries
- United States, United Kingdom, Canada, Singapore, France
Bybit FAQ
- What is the Bybit futures fee?
- The standard tier is 0.02% for maker orders and 0.055% for taker orders on perpetual futures. The taker rate is a half basis point below the 0.06% charged by Bitget and KuCoin, and half a basis point above Binance and OKX. VIP tiers reduce both based on 30-day volume, and a referral code applies a discount on top of the standard rate.
- Is Bybit better than Binance for futures?
- Bybit has the better futures interface and a strong uptime record; Binance has deeper liquidity and a lower taker fee. If you trade with market orders on major pairs, Binance usually costs less. If you manage positions actively and value the platform, Bybit is the better tool.
- Can I use Bybit in the UK?
- Bybit has restricted UK retail access. Registration availability changes with regulation, so check the current position on Bybit's own site before attempting to open an account.
- How often does Bybit pay referral commission?
- Weekly. Several exchanges in this comparison, Binance, OKX, Bitget, MEXC, settle daily instead.
- Does Bybit require KYC?
- Yes. Bybit requires identity verification for deposits, withdrawals and derivatives trading. Unverified accounts have very limited functionality.