Bybit spot trading fee: detailed explanation of Bybit currency trading fee rate

Bybit's spot trading fees are tiered based on 30-day volume and BTC balance, with maker and taker fees ranging from 0.1% to 0.02% and 0.1% to 0.06%, respectively.

Jun 03, 2025 at 02:56 pm

Bybit, one of the leading cryptocurrency exchanges, offers a range of trading services, including spot trading. Understanding the fee structure is crucial for traders looking to optimize their trading strategies and minimize costs. This article provides a detailed explanation of the Bybit spot trading fee rate, covering various aspects such as fee tiers, maker and taker fees, and how to calculate your trading costs.

Overview of Bybit Spot Trading Fees

Bybit's spot trading fees are structured to incentivize liquidity and trading activity on the platform. The fees are divided into two categories: maker fees and taker fees. Maker fees are charged when you add liquidity to the order book by placing a limit order that does not immediately get filled. Taker fees, on the other hand, are charged when you remove liquidity from the order book by placing an order that gets filled immediately.

Bybit Spot Trading Fee Tiers

Bybit uses a tiered fee structure based on the trader's 30-day trading volume and Bybit Coin (BTC) balance. The higher your trading volume and BTC balance, the lower your fees. Here are the current fee tiers for spot trading on Bybit:

• VIP 1: 30-day trading volume of 0-500 BTC and BTC balance of 0-0.5 BTC. Maker fee: 0.1%, Taker fee: 0.1%.
• VIP 2: 30-day trading volume of 500-1,500 BTC and BTC balance of 0.5-1.5 BTC. Maker fee: 0.09%, Taker fee: 0.095%.
• VIP 3: 30-day trading volume of 1,500-3,000 BTC and BTC balance of 1.5-3 BTC. Maker fee: 0.08%, Taker fee: 0.09%.
• VIP 4: 30-day trading volume of 3,000-6,000 BTC and BTC balance of 3-6 BTC. Maker fee: 0.07%, Taker fee: 0.085%.
• VIP 5: 30-day trading volume of 6,000-10,000 BTC and BTC balance of 6-10 BTC. Maker fee: 0.06%, Taker fee: 0.08%.
• VIP 6: 30-day trading volume of 10,000-20,000 BTC and BTC balance of 10-20 BTC. Maker fee: 0.05%, Taker fee: 0.075%.
• VIP 7: 30-day trading volume of 20,000-50,000 BTC and BTC balance of 20-50 BTC. Maker fee: 0.04%, Taker fee: 0.07%.
• VIP 8: 30-day trading volume of 50,000-100,000 BTC and BTC balance of 50-100 BTC. Maker fee: 0.03%, Taker fee: 0.065%.
• VIP 9: 30-day trading volume of 100,000+ BTC and BTC balance of 100+ BTC. Maker fee: 0.02%, Taker fee: 0.06%.

How to Calculate Bybit Spot Trading Fees

Calculating your trading fees on Bybit involves understanding whether your order is a maker or taker order and then applying the appropriate fee rate based on your VIP tier. Here's how you can do it:

• Identify the Order Type: Determine if your order is a maker or taker order. If your limit order is not immediately filled, it's a maker order. If your order is filled immediately, it's a taker order.
• Check Your VIP Tier: Log into your Bybit account and check your current VIP tier based on your 30-day trading volume and BTC balance.
• Apply the Fee Rate: Use the fee rates corresponding to your VIP tier to calculate the fee. For example, if you are a VIP 2 and you place a maker order, your fee rate is 0.09%.

To calculate the actual fee, multiply the fee rate by the total trade amount. For instance, if you trade 1 BTC at a price of $30,000 and you are a VIP 2 with a maker order, your fee would be calculated as follows:

[ \text{Fee} = 1 \text{ BTC} \times \$30,000 \times 0.09\% = $27 ]

Strategies to Minimize Bybit Spot Trading Fees

There are several strategies traders can employ to minimize their trading fees on Bybit:

• Increase Trading Volume: By increasing your 30-day trading volume, you can move up to higher VIP tiers, which offer lower fee rates.
• Hold More BTC: A higher BTC balance can also help you reach higher VIP tiers, reducing your trading fees.
• Use Limit Orders: Placing limit orders can help you act as a maker, which typically incurs lower fees than taker orders.
• Take Advantage of Promotions: Bybit occasionally offers promotions and rebates that can help reduce your trading fees.

Comparing Bybit Spot Trading Fees with Other Exchanges

When evaluating the competitiveness of Bybit's spot trading fees, it's useful to compare them with other major cryptocurrency exchanges. Here's a brief comparison:

• Binance: Binance offers a similar tiered fee structure, with maker fees starting at 0.1% and taker fees at 0.1%. However, Binance has more VIP tiers and offers lower fees for higher volumes.
• Coinbase: Coinbase's fees can be higher, with a standard fee of 0.5% for both maker and taker orders. However, Coinbase Pro offers a more competitive fee structure, with maker fees starting at 0% and taker fees at 0.04%.
• Kraken: Kraken's fees vary by trading pair but generally start at 0.16% for makers and 0.26% for takers. Kraken also offers a tiered fee structure based on trading volume.

Bybit's fee structure is competitive, especially for traders who can achieve higher VIP tiers through increased trading volume and BTC holdings.

Frequently Asked Questions

Q: Can I reduce my Bybit spot trading fees by referring friends to the platform?

A: Yes, Bybit offers a referral program where you can earn a percentage of the trading fees generated by the users you refer. This can help offset your own trading fees, effectively reducing your costs.

Q: Are there any hidden fees on Bybit spot trading?

A: Bybit is transparent about its fee structure, and there are no hidden fees for spot trading. However, you should be aware of withdrawal fees, which vary depending on the cryptocurrency you are withdrawing.

Q: How often does Bybit update my VIP tier?

A: Bybit updates your VIP tier daily based on your 30-day trading volume and BTC balance. You can check your current VIP tier and the criteria for advancing to the next tier in your account settings.

Q: Does Bybit offer any fee discounts for using their native token, Bybit Coin (BTC)?

A: While Bybit does not offer direct fee discounts for using BTC, holding a higher BTC balance can help you achieve a higher VIP tier, which in turn reduces your trading fees.