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Bybit vs BingX (2026): Which Is Better?

Licences, fees, leverage, minimum deposit and features compared side by side. Our pick: Bybit (9.5/10).

Bybit BingX
Our score9.5/109.1/10
Founded20182018
Minimum depositNo minimum (crypto)No minimum (crypto)
Max leverageUp to 100x on perpetual futuresUp to 125x on perpetual futures
FeesSpot 0.10% / 0.10% · Futures 0.02% maker / 0.055% takerSpot from 0.10% · Futures 0.02% maker / 0.05% taker
Coins1,800+ assets1,000+ spot assets, 170+ perpetual markets
Copy tradingYesYes – one of the largest copy-trading platforms
LicencesVARA, MiCA (Austria), AFSA, NBG, FIU-INDMiCA (Austria), AUSTRAC, FCIS
Available in~227 countries~217 countries
Best forAll-round traders, derivatives, copy trading and botsCopy traders and beginners who want to follow experienced traders
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Why choose Bybit

  • Licensed in Dubai (VARA) and MiCA-authorised in the EU
  • 1,800+ assets with deep futures liquidity
  • Copy trading, trading bots and Earn
  • Bybit Card and built-in Web3 wallet

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Why choose BingX

  • Market-leading copy trading
  • Competitive 0.02% / 0.05% futures fees
  • MiCA authorisation for its EU entity
  • Grid bots and forex/stock perpetuals

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Verdict

Bybit, founded in 2018 and headquartered in Dubai, is one of the world's largest crypto exchanges. It holds a VARA licence in Dubai, MiCA authorisation for the EU, and licences in Kazakhstan and Georgia, and offers 1,800+ assets, deep perpetual-futures liquidity, copy trading, bots and a built-in Web3 wallet.

BingX is a global exchange founded in 2018 and best known for copy trading — millions of users follow professional traders automatically. It offers spot, perpetual futures up to 125x and grid bots, and its EU entity is MiCA-authorised in Austria.

Bybit edges ahead in our rating, but many traders open both accounts and use each for what it does best.

Frequently asked questions

Which is better, Bybit or BingX?
Both are excellent. Bybit scores slightly higher in our rating. Choose Bybit for: all-round traders, derivatives, copy trading and bots. Choose BingX for: copy traders and beginners who want to follow experienced traders.
Which has the lower minimum deposit, Bybit or BingX?
Bybit: No minimum (crypto). BingX: No minimum (crypto).
How are Bybit and BingX regulated?
Bybit: Licensed by VARA in Dubai and the SCA in the UAE, MiCA-authorised in the EU through Bybit EU (Austria), licensed by the AFSA in Kazakhstan and the National Bank of Georgia, and registered with FIU-IND in India. BingX: MiCA-authorised in the EU through BingX EU (Austria), registered with AUSTRAC in Australia and with the FCIS in Lithuania.