What are the trading fees on Bybit?

Overview of Bybit Trading Fees

Bybit is one of the leading cryptocurrency exchanges globally, known for its robust trading infrastructure and competitive fee structure. Understanding the trading fees on Bybit is crucial for both novice and experienced traders to optimize their profits and manage costs effectively. Bybit categorizes its fees into several types, including taker fees, maker fees, deposit fees, withdrawal fees, and futures trading fees.

The maker-taker model is central to Bybit’s fee system. This model distinguishes between users who provide liquidity (makers) and those who remove it (takers). The platform offers tiered fee rates based on a user's 30-day trading volume and whether they hold a certain amount of Bybit's native token, BYB.

Making Sense of Maker and Taker Fees

On Bybit, maker fees are generally lower than taker fees because makers contribute to market liquidity by placing limit orders that do not immediately get filled. In contrast, takers place market orders or orders that match existing ones, thus taking liquidity from the market.

As of the latest update, Bybit applies a taker fee of 0.06% for spot trading, while maker fees start at 0.01%. These rates can be reduced further if you trade in higher volumes or hold BYB tokens. For instance, holding more than 50 BYB tokens can reduce your maker fee to 0.008%, and the reduction scales with higher holdings.

Fee Discounts Through BYB Token Holding

Bybit introduced its utility token, BYB, to offer users various benefits, including reduced trading fees. Users who hold BYB can enjoy significant discounts on both maker and taker fees. The discount level depends on the total number of BYB tokens held.

• Holding 50–999 BYB reduces maker fees to 0.008%
• Holding 1,000–4,999 BYB reduces maker fees to 0.006%
• Holding 5,000–9,999 BYB brings maker fees down to 0.004%
• Holding 10,000+ BYB lowers maker fees to 0.002%

These reductions apply to both spot and derivatives trading. Additionally, BYB holders receive exclusive promotions, early access to new features, and participation in token sales.

Spot vs Futures Trading Fees

Bybit supports both spot trading and futures trading, each with distinct fee structures.

In spot trading, as previously mentioned, standard fees are 0.06% for takers and 0.01% for makers, with potential reductions through volume tiers and BYB holdings.

For perpetual futures contracts, Bybit charges taker fees starting at 0.06% and maker fees starting at 0.01%, similar to spot trading. However, professional traders using APIs or high-frequency strategies may benefit from Bybit’s volume-based rebate program, which can result in negative effective fees (i.e., getting paid to trade).

It’s important to note that inverse perpetual contracts use BTC, ETH, or USDⓈ as margin currencies, while USDT-margined contracts settle in USDT. Each type may have slightly different fee treatments depending on market conditions.

Deposit and Withdrawal Fee Structure

While deposit fees on Bybit are generally zero, there are exceptions when depositing via fiat gateways or third-party payment processors. Most crypto deposits are free, but users should check the specific blockchain network and associated gas fees.

Withdrawal fees vary depending on the cryptocurrency and network used. For example:

• Bitcoin (BTC) withdrawals typically cost 0.0005 BTC
• Ethereum (ETH) withdrawals cost around 0.005 ETH
• Tether (USDT) withdrawals differ based on the chain selected:
  • ERC-20: ~$1 equivalent
  • TRC-20: ~$0.5 equivalent

Users must select the correct network when withdrawing to avoid fund loss. Incorrect network usage may result in permanent loss of funds.

Frequently Asked Questions

Q: How do I check my current trading fees on Bybit?A: Log into your Bybit account, go to [User Center] > [Fees and Rebates]. Here, you’ll see your current fee tier, 30-day trading volume, and BYB holdings status.

Q: Can I pay trading fees using USDT on Bybit?A: Yes, Bybit allows users to pay trading fees using USDT, BTC, and other supported cryptocurrencies. You can set your preferred fee currency under [Account Settings] > [Fee Settings].

Q: Are there any hidden fees on Bybit?A: No, Bybit maintains a transparent fee policy. All applicable fees—whether for trading, deposits, or withdrawals—are clearly displayed before confirming any transaction.

Q: Does Bybit charge inactivity fees?A: No, Bybit does not impose inactivity fees. Your account remains active regardless of how frequently you trade, though dormant accounts may require re-authentication after long periods.