Home > 11 Best Crypto Futures Trading Platforms of 2025 > 11 Best Crypto Futures Trading Platforms of 2025
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Written by Michael Hayes
Michael Hayes, a seasoned finance professional, enhanced his expertise by attending executive education programs in Finance at the prestigious Wharton School of the University of Pennsylvania. With a career spanning over 20 years, Michael has gained extensive experience in financial analysis, investment management, and strategic financial planning. His deep understanding of financial markets, coupled with his passion for continuous learning, has made him a trusted advisor in the field
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This article has been reviewed by crypto market experts at SCM to ensure all the content, sources, and claims adhere to the highest standards of accuracy and reliability.
Last Updated on February 5, 2025
In the competitive crypto exchange landscape, MEXC and Bybit stand out.
MEXC offers a hybrid KYC approach and low fees across 1700+ cryptocurrencies, catering to diverse trader preferences.
Bybit, with its strong security and regulatory compliance, serves 28 million users and provides a wide range of 1100+ cryptocurrencies for spot and derivatives trading.
This comparison will highlight key differences in features, fees, and security between MEXC and Bybit, guiding traders to choose the platform that best suits their needs in 2025.
An upcoming detailed analysis will further clarify these exchanges’ offerings.
Our 2025's Recommendation 5/5 |
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When considering MEXC and Bybit for your crypto trading needs, here is a comparative table to help you understand their key features.
Feature | MEXC | Bybit |
---|---|---|
Founded | 2018 | 2018 |
Founder(s) | N/A | N/A |
Supported Coins | Over 1,700 | More than 890 |
Fee for Spot Trading | 0% | Competitive fees |
Fee for Futures Trading | 0.01% maker fee; low taker fee | Low fees varies with market |
Withdrawal Fees | Varies | Typically lower; varies with network |
Leverage | Competitive options | Up to 100x on certain products |
Trading Volume | High | Generally higher, varies by product |
Deposit Methods | Multiple, including fiat and crypto | Multiple, including fiat and crypto |
User Interface | Friendly for beginners | Intuitive and user-friendly |
Products Offered | Spot, futures, and more | Spot, futures, options, etc. |
KYC Verification | Depends on the product and trade amount | Not required |
Sign up Bonus | – | 🔥 Get up to $5020 Sign up Bonus |
The table’s data points offer a snapshot of what each exchange brings to the crypto trading landscape.
MEXC and Bybit are formidable exchanges launched in 2018, excelling in various areas and ensuring your trading experience can be tailored to your preferences.
Regularly assess each platform’s latest updates and changes to suit their client’s needs.
When selecting a cryptocurrency exchange, you’ll want to compare MEXC and Bybit in terms of their products and services.
MEXC:
Bybit:
Feature | MEXC | Bybit |
---|---|---|
Spot Trading Fees | Zero | Present |
Futures Trading | Competitive Fees | Deep Liquidity |
Supported Coins | 1,700+ | 1,000+ |
Additional Services | Trading Bots | Staking, Lending |
Both platforms are robust in their offerings, providing you with diverse ways to engage with the cryptocurrency market.
Bybit might have an edge in liquidity and regulatory matters, which can be crucial for high-volume trading and overall security.
On the other hand, MEXC could be your choice if your priority is a wide selection of cryptocurrencies and low transaction costs for spot trading.
MEXC and Bybit both cater to various trading preferences with diverse contract types.
MEXC contracts:
By comparison, Bybit provides:
Each platform’s fee structure and leverage options may influence your experience and potential returns.
Remember to assess the risks associated with leverage and the nature of each contract type. Remember that while leverage can increase potential returns, it also amplifies potential losses.
Select the types of contracts that align with your trading goals and risk tolerance.
When exploring cryptocurrency exchanges, one of the crucial aspects you should consider is the variety of supported cryptocurrencies available for trading. In this context, MEXC and Bybit offer a substantial range of options, albeit with notable differences.
MEXC:
MEXC boasts a large selection of digital assets, supporting over 1,700 coins for spot trading.
This includes prominent currencies like Bitcoin (BTC) and Ethereum (ETH) and an extensive list of low-cap altcoins, enabling you to diversify your investment portfolio.
In terms of futures and leverage trading, here are some of the popular pairs you will find on MEXC:
Bybit:
Comparatively, Bybit provides access to more than 890 coins.
While the offered range is less than MEXC’s, Bybit is still competitive, focusing on the most traded cryptocurrencies in the market. Here are a few of the in-demand futures trading pairs available on Bybit:
Your choice between MEXC and Bybit may lean towards the former for a wider variety of altcoins or the latter for a comprehensive list focusing more on widely-held cryptocurrencies.
Regarding futures and leverage trading options, both platforms cater to the commonly traded pairs, ensuring that you have access to significant cryptocurrencies with robust market activity.
You can amplify your trading positions through leverage when engaging in margin trading on both MEXC and Bybit.
This can significantly increase potential returns, but consider the corresponding risks, including potential liquidation.
MEXC offers a variety of features for traders, including:
Bybit, conversely, provides:
The funding rates on both exchanges are subject to prevailing market conditions and can influence the holding cost of your positions.
Understanding the details of leverage and margin on both platforms empowers you to make informed decisions while trading:
Feature | MEXC | Bybit |
---|---|---|
Max Leverage | Up to 200x | Up to 100x |
Margin Trading | Yes | Yes |
Liquidation | Based on the maintenance margin | Triggered when the margin is insufficient |
Remember, high leverage comes with high risks, including but not limited to rapid liquidation in volatile market movements. It is crucial to trade responsibly within your risk tolerance levels.
When selecting a cryptocurrency exchange, understanding the trading volume is vital as it impacts your trading experience significantly.
For MEXC and Bybit, trading volume is a crucial liquidity indicator and can influence trade execution and slippage on your trades.
MEXC’s Trading Volume:
MEXC boasts a high trading volume, with a broad range of over 1700 coins. High trading volume indicates dense liquidity. This liquidity means that your orders are more likely to be filled quickly and at predictable prices, thus reducing the potential for price slippage.
Bybit’s Trading Volume:
Conversely, Bybit, while offering more than 890 coins, is known for its derivatives market. The platform’s trading volume for futures contracts is competitive, ensuring that even large orders are executed with minimal impact on the market price.
Trading Efficiency:
Trading Execution & Slippage:
To verify current trading volumes, consult reliable cryptocurrency analytics resources such as CoinMarketCap or CoinGecko.
These platforms rank exchanges by liquidity and trading volume, presenting a transparent view of the trading activity on MEXC and Bybit.
When engaging in crypto futures trading, you’ll find that MEXC and Bybit provide competitive fee structures with particular nuances that cater to different trading preferences.
MEXC:
MEXC rewards market makers by offering a 0% maker fee, thus encouraging liquidity on their platform. As a taker, you would incur a modest 0.020% fee.
Bybit:
Bybit’s tiered fee structure includes a nominal maker fee and a slightly higher taker fee. The 0.01% maker fee can be particularly appealing if you often add liquidity to the market.
Rewards and Discounts:
Each platform may offer rewards or discounts, effectively reducing your trading costs. These could include:
Examples:
If you execute a $10,000 futures contract as a maker:
As a taker with the same contract:
Deposit and Withdrawal Fees:
Neither MEXC nor Bybit generally charges fees on deposits, placing them on an equal footing for incoming transfers. Withdrawal fees, however, can vary and are subject to the respective blockchain’s network conditions at the time of your transaction.
By analyzing these details, you can decide which platform aligns best with your trading habits and cost preferences.
When evaluating MEXC and Bybit, your deposit and withdrawal options are crucial to their usability and access.
MEXC:
Bybit:
When managing your funds with these platforms, always check the latest fees and limits on the respective exchanges, as they can fluctuate, potentially influencing your costs for depositing or withdrawing money.
Consider the currency you wish to use, the available deposit and withdrawal methods, and how quickly you need the transfer processed.
These details will help you decide on your trading convenience and strategy.
MEXC and Bybit, both prominent cryptocurrency exchanges in 2025, offer their native tokens, MX and BYD, respectively, which provide various benefits and utilities within their ecosystems.
MEXC – MX Token:
Bybit – BYD Token:
Feature | MEXC (MX Token) | Bybit (BYD Token) |
---|---|---|
Trading Fee Discounts | ✓ | ✓ |
Voting Rights | ✓ |  |
Staking Rewards |  | ✓ |
Enhanced Services |  | ✓ |
Exclusive Promotions | ✓ |  |
You need to understand the unique advantages that come with each native token.
Whether you prioritize reduced fees, the ability to partake in platform governance, or to earn through staking, these native tokens augment your experience on MEXC and Bybit.
When you choose a cryptocurrency exchange, understanding the Know Your Customer (KYC) requirements and limits can significantly impact your experience. At MEXC and Bybit, KYC processes determine what you can do on each platform.
MEXC:
Bybit:
Privacy and Security:
Accessibility and Limits:
Whether you prefer the flexibility of MEXC’s high withdrawal limits for non-KYC users or the tiered verification system of Bybit, your choice will depend on how you balance the need for privacy, access, and security.
When you navigate the MEXC and Bybit platforms, you’ll notice distinct differences in their user interfaces (UI) and overall user experience (UX).
MEXC’s web interface and mobile app present a functional environment. With support for over 1700 coins, the platform provides a comprehensive experience for those interested in cryptocurrencies.
MEXC User Experience:
To know more, check this MEXC futures trading tutorial.
Bybit, on the other hand, is often recognized for its clean and intuitive UI, which receives positive feedback for its aesthetics—the simplicity of the design appeals to both rookies and seasoned traders alike.
Bybit User Experience:
To know more, check this Bybit futures trading tutorial.
In terms of functionality, both Bybit and MEXC offer trading tools and features that cater to a range of traders.
Bybit is commendable for its strong liquidity and comprehensive regulatory compliance, while MEXC is distinguished for its hybrid Know Your Customer (KYC) model.
Feature | MEXC | Bybit |
---|---|---|
Design | Functional and user-friendly | Clean and modern |
Ease of Use | Suitable for novices and experts | Intuitive and appealing |
Speed | Fast platform | High-speed trade execution |
Tools | Suitable for trading bots | Comprehensive trading tools |
Ultimately, your choice between MEXC and Bybit may come down to personal preference for design, the selection of cryptocurrencies, or specific features such as trading bot support or regulatory compliance.
When comparing MEXC and Bybit, you’ll notice that both exchanges offer various order types designed to assist you with varied trading strategies and risk management levels.
Let’s look at the orders you can utilize on these platforms.
Market Orders: These orders are fulfilled immediately at the current market price. MEXC and Bybit support market orders, allowing you to enter or exit the market quickly.
Limit Orders: You can set a specific price at which you want to buy or sell a cryptocurrency. This ensures you do not pay more or receive less than your specified price.
Stop Orders: Also known as stop-loss orders, these limit losses by specifying a price at which your position will be closed out.
Conditional Orders: These orders become active only when certain conditions are met, providing an added layer of automation for your trading.
Post-Only Orders: These ensure that you pay the maker fee, not the taker fee, by adding liquidity to the market.
Reduce-Only Orders: Such orders are designed only to reduce your position size, not increase it, helping to manage risk.
Other features specific to platforms may include Iceberg Orders and TWAP (Time-Weighted Average Price), specialized strategies that help execute large orders without causing significant market impact.
Your choice between MEXC and Bybit may depend on the flexibility of order types and how they align with your trading needs.
Understanding these order types helps you execute transactions precisely, manage potential risks, and aim for an optimized trading experience.
When trading cryptocurrencies, the security of your funds and personal data should be your top priority. In evaluating MEXC and Bybit, cryptocurrency exchanges notably implement robust security measures to ensure your assets are well-protected.
MEXC uses a combination of cold wallets, a multi-signature mechanism, and two-factor authentication (2FA) to safeguard your funds. This layered defense mechanism ensures that your assets are not easily accessible to unauthorized individuals.
Bybit, on the other hand, places a strong emphasis on security via its multi-signature wallets, two-factor authentication, and rigorous compliance with regulatory standards.
Bybit’s security measures are designed to minimize vulnerabilities and protect users from a broad spectrum of potential threats.
No system is impervious to attacks, and both exchanges have had incidents in the past.
However, prompt action and transparency were vital in addressing these issues.
Risk assessments and regular security audits are continually conducted to enhance their defense systems. Your experience on either platform will benefit from these tireless efforts to maintain a secure trading environment.
When you trade on leveraged or margin platforms like MEXC and Bybit, an insurance fund is crucial to protect your positions from unforeseen market volatility and to prevent auto-deleveraging in traders’ positions.
MEXC and Bybit maintain such funds to manage the risks of leveraged trading.
MEXC Insurance Fund:
Bybit Insurance Fund:
Key Points to Note:
When choosing between MEXC and Bybit, consider their insurance fund’s size and historical performance, as it can impact how protected your positions are during volatile market conditions.
Remember, the robustness of an insurance fund can be a critical factor in ensuring the safety of your funds during rapid market movements.
When selecting a cryptocurrency exchange, you consider customer support a crucial element of the services provided. In this respect, MEXC and Bybit acknowledge the importance of supporting their users.
MEXC:
Bybit:
Both platforms have structured their customer support to address your needs effectively.
To reach the support teams of either exchange, you typically navigate through the help sections on their websites or directly access support channels like live chat.
As your needs vary, your experience with the customer service of each platform can differ. Hence, engaging with each platform’s customer service for personalized assistance is advisable where generic resources do not suffice.
Read More: Best Crypto Futures Trading Tools
Remember to consider your preferences for customer service, whether that means 24/7 availability, the ease of accessing support, or the comprehensiveness of self-help resources.
MEXC and Bybit cater to these aspects, ensuring that support is a click away whenever you require assistance.
When assessing the regulatory compliance of MEXC and Bybit, you will find that both take different approaches to adhering to legal and ethical standards in the jurisdictions in which they operate.
MEXC
Bybit
While MEXC stands out with its expansive coin support and low trading fees, Bybit complements its service offerings with features directed toward regulatory compliance, giving you peace of mind about the legality of your transactions.
You need to note that both exchanges constantly evolve their compliance strategies to keep pace with the updated regulations in the crypto market.
You are encouraged to stay informed about the latest developments in the regulatory environment, as they can have implications for the services you may use on these platforms.
Remember, your preferred trading experience may influence your choice between MEXC and Bybit. Still, their adherence to regulatory requirements remains a fundamental aspect to consider for the security and legality of your investments.
When selecting between MEXC and Bybit, your choice largely depends on your trading preferences and priorities.
MEXC emerges as the preferable platform if zero fees for spot trading and access to a vast array of over 1,700 cryptocurrencies are vital for you.
This makes it especially suitable for traders interested in exploring a broad range of altcoins and those focusing on spot trading.
Bybit, on the other hand, is advantageous for traders who prioritize a platform with deep liquidity and a robust suite of derivative products. Its lower withdrawal fees and support for over 890 coins cater well to high-volume traders and those looking for diverse trading options, including leverage and derivatives.
MEXC stands out with:
While Bybit is recognized for:
The decision rests on your trading strategies, and the aspects of cryptocurrency trading you prioritize. It’s essential to weigh each exchange’s unique offerings against your individual needs as a trader or investor.
Our 2025's Recommendation 5/5 |
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Compare MEXC vs Bybit with other major exchanges
Michael Hayes, a seasoned finance professional, enhanced his expertise by attending executive education programs in Finance at the prestigious Wharton School of the University of Pennsylvania. With a career spanning over 20 years, Michael has gained extensive experience in financial analysis, investment management, and strategic financial planning. His deep understanding of financial markets, coupled with his passion for continuous learning, has made him a trusted advisor in the field
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