Bybit vs Bitget 2026: Fees, Features & Which Is Better
Bybit vs Bitget compared side by side: trading fees, copy trading, liquidity, security, and referral discounts. Find out which exchange wins in 2026.
Choosing between Bybit vs Bitget in 2026? These are the two fastest-growing crypto exchanges behind Binance and OKX. Both target the same audience: active traders who want competitive fees and advanced features without the bureaucratic weight of the industry giants.
Bybit built its reputation on derivatives. Bitget built its reputation on copy trading. But in 2026, both platforms have expanded aggressively into each other’s territory, and the overlap is significant. If you are choosing between them, the differences come down to fee structures, product depth, execution quality, and the specific discounts available through referral codes.
We pulled the latest numbers from both platforms. Here is the full breakdown.
Bybit vs Bitget: Fee Comparison
Fees are the single most important variable for any active trader. A 0.01% difference sounds trivial until you realize it compounds across thousands of trades per year. If you are new to how exchange fees work, read our maker vs taker fees guide first.
Spot Trading Fees
| Fee Type | Bybit (Base) | Bybit (w/ Referral 20%) | Bitget (Base) | Bitget (w/ Referral 30%) |
|---|---|---|---|---|
| Maker | 0.1000% | 0.0800% | 0.1000% | 0.0700% |
| Taker | 0.1000% | 0.0800% | 0.1000% | 0.0700% |
Futures Trading Fees (USDT-M Perpetuals)
| Fee Type | Bybit (Base) | Bybit (w/ Referral 20%) | Bitget (Base) | Bitget (w/ Referral 30%) |
|---|---|---|---|---|
| Maker | 0.0200% | 0.0160% | 0.0200% | 0.0140% |
| Taker | 0.0550% | 0.0440% | 0.0600% | 0.0420% |
Other Fees
| Fee Type | Bybit | Bitget |
|---|---|---|
| Funding Rate | Variable, every 8h | Variable, every 8h |
| Deposit (Crypto) | Free | Free |
| Deposit (Fiat) | Varies by method | Varies by method |
| Withdrawal (BTC) | 0.0001 BTC (~$9.00) | 0.0001 BTC (~$9.00) |
| Withdrawal (ETH) | 0.0006 ETH (~$2.10) | 0.00084 ETH (~$3.00) |
| Withdrawal (USDT-TRC20) | 1 USDT | 1 USDT |
| Withdrawal (USDT-ERC20) | 3.00 USDT | 3.50 USDT |
Key Takeaway: At base rates, both exchanges charge identical spot fees. The difference comes from the referral codes. Bitget’s 30% referral discount (code: bifan888) is significantly more generous than Bybit’s 20% (code: DISCOUNT2). After discounts, Bitget spot fees drop to 0.07% vs Bybit’s 0.08%. On futures, Bybit has a lower base taker fee (0.055% vs 0.06%), but Bitget’s larger referral discount erases that advantage and then some.
Real Dollar Impact
Here is what this looks like on $100,000 monthly trading volume:
| Scenario | Bybit (w/ Referral) | Bitget (w/ Referral) | Difference |
|---|---|---|---|
| All Spot Maker | $80 | $70 | Bitget saves $10/mo |
| All Spot Taker | $80 | $70 | Bitget saves $10/mo |
| All Futures Maker | $16 | $14 | Bitget saves $2/mo |
| All Futures Taker | $44 | $42 | Bitget saves $2/mo |
| 80% Futures / 20% Spot (Mixed) | $41.60 | $38.80 | Bitget saves $2.80/mo |
At $1M/month, the spot fee difference alone is $100/month. At $10M/month, it is $1,000 — a meaningful sum over a year. The takeaway is straightforward: Bitget’s referral discount is the single biggest differentiator between these two exchanges on cost.
Bybit vs Bitget: Copy Trading
This is where Bitget draws the sharpest line between itself and every other exchange. For a deeper guide on this topic, see our Copy Trading 101 article.
Bitget Copy Trading
Bitget launched copy trading in 2020 and has invested more resources into it than any competitor. The platform now has over 180,000 elite traders available to copy, with detailed performance dashboards that show PnL curves, maximum drawdown, Sharpe ratios, win rates, and average holding periods.
Key features of Bitget’s copy trading:
- Spot and futures copy trading — most platforms only offer futures
- One-click copy with customizable position sizing, stop-loss, and take-profit parameters
- Smart copy mode that automatically allocates capital across multiple traders based on risk profile
- Elite trader application is rigorous — candidates need at least 30 days of profitable history and a minimum ROI threshold
- Transparent statistics — every trader’s full history is auditable, including losing trades
Bitget reports over $100 billion in cumulative copy trading volume, which makes it the largest copy trading platform in crypto by a wide margin.
Bybit Copy Trading
Bybit added copy trading later and has been building out the feature steadily. It now supports both spot and derivatives copy trading with over 80,000 master traders on the platform.
Bybit’s copy trading features:
- Futures and spot copy trading available
- AI-powered trader recommendations based on risk tolerance and trading style
- Customizable allocation with fixed amount or proportional modes
- Master trader leaderboards with performance metrics
Bybit’s copy trading is competent but shallower. The trader pool is smaller, the performance analytics are less granular, and the overall ecosystem is less mature. Bybit knows this. Derivatives execution is its core strength, not social trading.
Verdict on Copy Trading
If copy trading is your primary use case, this is not a close call. Bitget wins decisively. More traders to copy, better analytics, longer track record, and a more sophisticated matching system. Bybit’s offering works, but it is playing catch-up.
Bybit vs Bitget: Product Range
Both exchanges have expanded well beyond their original niches. Here is the current product map.
| Product | Bybit | Bitget |
|---|---|---|
| Spot Pairs | 600+ | 550+ |
| USDT-M Futures | 400+ | 300+ |
| Coin-M Futures | 40+ | 30+ |
| Options | BTC, ETH, SOL | BTC, ETH |
| Pre-Market Trading | Yes | Yes |
| Earn Products | Flexible Savings, Launchpool, Dual Asset, Shark Fin | Savings, Staking, Shark Fin, Range Sniper |
| Launchpad | Bybit Launchpad | Bitget Launchpad |
| Copy Trading | Yes (80K+ traders) | Yes (180K+ traders) |
| Trading Bots | Grid, DCA, Martingale, Futures Grid | Grid, DCA, CTA, Smart Portfolio |
| Web3 Wallet | Bybit Web3 Wallet | Bitget Wallet (formerly BitKeep) |
| Max Leverage | 200x (BTC) | 125x (BTC) |
| Demo Trading | Yes | Yes |
Notable Differences
Bybit advantages:
- More futures pairs (400+ vs 300+) — if you trade mid-cap and small-cap perps, Bybit will have listings that Bitget does not
- Options on SOL in addition to BTC and ETH
- 200x maximum leverage on BTC (vs 125x on Bitget)
- Unified Trading Account that manages margin across spot, derivatives, and options in a single pool
- Slightly more spot pairs overall
Bitget advantages:
- Bitget Wallet (formerly BitKeep) is one of the most downloaded Web3 wallets globally with 30M+ users
- Stronger bot variety, including CTA (Commodity Trading Advisor) strategy bots
- Copy trading integration is baked into virtually every product, not bolted on
- More aggressive new token listing cadence on spot
For pure derivatives traders who want the widest selection of perps and the highest leverage, Bybit has the edge. For traders who want a more integrated social trading experience, Bitget is the better fit.
Referral Discounts: Bybit vs Bitget
Both exchanges offer lifetime fee discounts through referral codes, but the discount levels are different.
| Feature | Bybit | Bitget |
|---|---|---|
| Referral Code | DISCOUNT2 | bifan888 |
| Discount | 20% off all trading fees | 30% off all trading fees |
| Duration | Lifetime | Lifetime |
| Applies To | Spot + Futures | Spot + Futures |
| Stacks with VIP? | Yes | Yes |
The gap here is meaningful. Before you write off referral discounts as marketing gimmicks, read the reality behind crypto sign-up bonuses. Bitget’s 30% discount is 50% larger than Bybit’s 20% discount. On every single trade you place for the lifetime of your account, that extra 10 percentage points of discount is working in your favor.
For a trader doing $500K/month in futures volume as a taker:
- Bybit: $500K x 0.055% x 0.80 = $220/month in fees
- Bitget: $500K x 0.060% x 0.70 = $210/month in fees
Even though Bitget’s base taker rate is higher, the larger referral discount brings the effective cost below Bybit’s.
Bybit Exclusive Offer
20% Fee Discount (Spot + Futures)
Clicking will copy the code and open Bybit in a new tab.
Bitget Exclusive Offer
30% Fee Discount (Spot + Futures)
Clicking will copy the code and open Bitget in a new tab.
Liquidity & Execution: Bybit vs Bitget
Liquidity is where Bybit quietly separates itself from Bitget. Bybit consistently ranks as the second or third largest derivatives exchange by open interest, behind only Binance and occasionally neck-and-neck with OKX.
Order Book Depth (BTC/USDT Perpetual, 0.1% from Mid)
| Metric | Bybit | Bitget |
|---|---|---|
| Bid Depth | ~$60M | ~$30M |
| Ask Depth | ~$58M | ~$28M |
| Typical Spread | $0.10–$0.50 | $0.50–$2.00 |
| 24h Futures Volume | ~$12–18B | ~$6–10B |
| Open Interest | ~$6B | ~$3.5B |
Order Book Depth (ETH/USDT Perpetual, 0.1% from Mid)
| Metric | Bybit | Bitget |
|---|---|---|
| Bid Depth | ~$25M | ~$12M |
| Ask Depth | ~$23M | ~$11M |
| Typical Spread | $0.01–$0.05 | $0.05–$0.20 |
For retail-sized trades ($1K–$100K), both exchanges fill cleanly with negligible slippage on major pairs. The difference shows up when you trade in size. A $500K market order on BTC/USDT perp will fill tighter on Bybit than on Bitget. For altcoin perps with lower liquidity, the gap widens further.
If you are a high-frequency trader or running large positions, Bybit’s deeper order books are a tangible advantage that can easily outweigh Bitget’s fee discount.
Security: Bybit vs Bitget
Both exchanges have invested heavily in security infrastructure since the FTX collapse made Proof of Reserves a baseline expectation.
| Security Feature | Bybit | Bitget |
|---|---|---|
| Insurance Fund | $150M+ | $400M+ (Bitget Protection Fund) |
| Proof of Reserves | Yes — Monthly Merkle tree | Yes — Monthly PoR, partnered with CertiK |
| Reserve Ratio | 100%+ on all assets | 100%+ on all assets |
| Major Incidents | Feb 2025: $1.4B Ethereum cold wallet exploit (fully covered, no user losses) | No major security breaches |
| Regulatory Licenses | Dubai (VARA), Lithuania, Cyprus, Turkey, Kazakhstan | Lithuania, Poland, Italy, France (AMF registered) |
| KYC Required | Optional (limits apply) | Optional (limits apply) |
| 2FA Options | SMS, Authenticator, Hardware Key | SMS, Authenticator, Hardware Key |
| Withdrawal Whitelist | Yes | Yes |
| Anti-Phishing Code | Yes | Yes |
Analysis
Bybit suffered a significant security incident in February 2025 when hackers exploited a vulnerability in its Ethereum cold wallet infrastructure, draining approximately $1.4 billion in ETH. Bybit covered all losses from its reserves and insurance fund. No user lost money. The incident demonstrated both a vulnerability and the exchange’s financial resilience. Bybit has since overhauled its cold storage architecture.
Bitget has a clean security record with no major incidents. Its $400M+ Protection Fund is one of the largest insurance pools among non-Binance exchanges. Bitget’s partnership with CertiK for Proof of Reserves auditing adds an independent layer of verification.
On the regulatory front, both exchanges hold licenses in multiple jurisdictions. Neither is available to US residents.
Mobile App Comparison
Both Bybit and Bitget have invested heavily in their mobile experiences, recognizing that the majority of crypto trading now happens on phones.
| Feature | Bybit | Bitget |
|---|---|---|
| iOS Rating | 4.7/5 | 4.6/5 |
| Android Rating | 4.5/5 | 4.4/5 |
| Trading Interface | Clean, fast, professional feel | Feature-rich, copy trading prominent |
| Charting | TradingView integration | TradingView integration |
| Lite Mode | Yes | Yes |
| Copy Trading in App | Accessible but not front-center | Deeply integrated, one-tap access |
| Load Speed | Excellent — near-instant chart rendering | Good — occasional lag on complex screens |
| Biometric Auth | Face ID / Fingerprint | Face ID / Fingerprint |
| Widgets | Price alerts, portfolio widget | Price alerts, copy trading widget |
Bybit’s app feels like it was designed for derivatives traders who know what they want. The order entry flow is tight, the charts load fast, and the unified account switching is smooth. It is polished and professional without being cluttered.
Bitget’s app puts copy trading front and center. The home screen surfaces trending copy traders, and the one-tap copy flow is smooth enough that a complete beginner could start following a trader within two minutes of opening the app. The trade execution interface is solid but a step behind Bybit in terms of responsiveness.
If you primarily trade derivatives manually, Bybit’s app is the better experience. If you are coming to the platform for copy trading, Bitget’s app is purpose-built for that workflow.
Verdict: Which Should You Choose?
These are both strong exchanges, and the right choice depends on what you actually do with your account.
Choose Bitget If:
- Copy trading is your primary strategy — Bitget’s copy trading ecosystem has no equal among centralized exchanges. The trader pool is deeper, the analytics are better, and the feature set is more mature than anything else on the market.
- You want the lowest possible fees — Bitget’s 30% referral discount (code: bifan888) brings all fee categories below Bybit’s discounted rates. Over a year of active trading, the savings add up.
- You are a newer trader — The copy trading onboarding flow and lite mode make Bitget more accessible for someone who does not yet have a developed trading strategy.
- Security track record matters — Bitget has not experienced a major security incident, and its $400M Protection Fund provides a meaningful safety net.
Choose Bybit If:
- You are a serious derivatives trader — Bybit has more futures pairs (400+ vs 300+), deeper liquidity, tighter spreads, higher maximum leverage (200x), and a unified trading account that is genuinely best-in-class for multi-product margin management.
- Execution quality is your priority — Bybit’s order books are roughly 2x deeper than Bitget’s on major pairs. If you trade in size or use aggressive market orders, this matters.
- You trade options — Bybit lists options on BTC, ETH, and SOL. Bitget only covers BTC and ETH.
- You want the widest altcoin perps selection — More small-cap and mid-cap tokens have perpetual contracts on Bybit.
The Bottom Line
For the typical active trader who values low fees and copy trading, Bitget is the better starting point. The 30% referral discount alone makes it the cheaper platform across all fee categories, and the copy trading ecosystem is a genuine differentiator that no other exchange matches.
For the dedicated derivatives trader who prioritizes execution depth, leverage options, and the broadest perp selection, Bybit is the stronger platform. Its trading engine and liquidity profile are closer to Binance and OKX than to Bitget.
The practical advice? Open accounts on both. Use Bitget as your fee-optimized and copy trading platform. Use Bybit when you need deeper liquidity on a specific contract or want access to its broader derivatives catalog. Both referral codes are lifetime discounts, so there is no cost to setting up both accounts now.
Bybit Exclusive Offer
20% Fee Discount (Spot + Futures)
Clicking will copy the code and open Bybit in a new tab.
Bitget Exclusive Offer
30% Fee Discount (Spot + Futures)
Clicking will copy the code and open Bitget in a new tab.
FAQ
Is Bybit or Bitget cheaper for trading?
After referral discounts, Bitget is cheaper across the board. Bitget’s 30% referral discount (code: bifan888) reduces spot fees to 0.07% maker/taker, while Bybit’s 20% discount (code: DISCOUNT2) brings spot fees to 0.08%. On futures, the same pattern holds: Bitget’s deeper discount more than offsets its slightly higher base taker fee. For a trader doing $100K/month, Bitget saves roughly $10–14/month depending on the maker/taker mix.
Which exchange is better for copy trading?
Bitget, and it is not close. Bitget has been investing in copy trading since 2020 and now offers over 180,000 elite traders to follow, with detailed analytics including PnL curves, drawdown metrics, and Sharpe ratios. Bybit’s copy trading is functional with 80,000+ traders but lacks the depth and sophistication of Bitget’s platform. If copy trading is your main reason for choosing an exchange, Bitget should be your default.
Is Bybit safe after the 2025 hack?
Bybit experienced a $1.4 billion Ethereum cold wallet exploit in February 2025. The exchange covered all user losses from its own reserves — no customer lost funds. Since then, Bybit has completely rebuilt its cold storage infrastructure and continues to publish monthly Proof of Reserves. The incident is a mark against Bybit’s historical security record, but its response demonstrated financial resilience that many exchanges would not have been able to match.
Can I use both Bybit and Bitget at the same time?
Yes. There is no exclusivity requirement on either platform. Many traders maintain accounts on both to take advantage of different strengths — copy trading on Bitget, derivatives depth on Bybit. Both allow you to apply referral codes at registration for lifetime fee discounts, so there is no downside to setting up both accounts early.
Which exchange has better liquidity?
Bybit has approximately 2x the order book depth of Bitget on major pairs like BTC/USDT and ETH/USDT in both spot and futures. For retail-sized orders, both fill cleanly with minimal slippage. The difference becomes noticeable on orders above $100K, where Bybit’s deeper books provide tighter execution. If you regularly trade large positions, Bybit is the better choice for execution quality.
Do Bybit and Bitget require KYC?
Both exchanges allow trading with optional KYC, but withdrawal limits are restricted without identity verification. On both platforms, completing KYC unlocks higher withdrawal limits, fiat deposit/withdrawal options, and access to certain products. The KYC process on both is straightforward and typically completes within a few hours.
Related reads:
Why trust this author?
James is a former quantitative trader at a top-tier hedge fund who transitioned to crypto in 2017. He now leads research at CryptoFeeDiscount, personally testing every exchange with real capital. His systematic approach to fee analysis has helped traders save over $2M collectively.