Bybit Exchange Fees: Overview, and Referral Bonuses
This article is an overview of fees on the Bybit cryptocurrency exchange. You’ll find out what fees are charged for spot, futures, and P2P trading, as well as about deposit & withdrawal fees on Bybit. We’ll also explain how you can decrease Bybit trading fees.
Attention! This article is for informational purposes only and does not contain recommendations or calls to action.
The review has been prepared by the CScalp terminal team. You can get CScalp by leaving your e-mail in the form below.
Trading fees on Bybit follow a maker-taker structure. All of the platform’s markets have a 7-level fee structure: Non-VIP (basic level), VIP 1/2/3, and Pro 1/2/3 (VIP-program). Let’s take a closer look at the Bybit fees for spot and futures trading.
Trading Fees on Bybit Spot Market
The base fee on Bybit Spot is 0.1% maker and taker. The fees for users of VIP or Pro levels are presented in the table below.
Bybit fees: Spot market
Important: Since September 6, 2022, Bybit makers have been enjoying a 0% fee for spot trading. The zero fee works similarly to cashback: maker fees charged by the platform will be returned to the user’s account at the end of each month.
Trading Fees for Bybit Futures
Bybit fees for inverse futures, USDT and USDC perpetual futures are 0.01% maker and 0.06% taker. Fees for traders of VIP and Pro levels are described in the table below.
Bybit fees: inverse futures, USDT and USDC perpetual futures
Trading Fees for Bybit Options
Bybit fees for trading USDC options are 0,03% maker and taker. Fees for users of VIP and Pro levels are displayed in the table.
Bybit fees: USDC Options
How to Reduce Bybit Trading Fees
Bybit Referral Program
To receive up to $4,000 bonus for your first deposit and a 10% discount on trading fees, sign up on Bybit using the referral link from the CScalp team. To do so, click on the button “Register on Bybit” below.
Enter your email or phone number, password, and the Bybit referral code "40069" into the corresponding fields. Click "Create Account" and confirm the action with a code. The code will be sent to your email or phone number via SMS.
Congratulations! You’ve signed up with the referral code. Now, if you meet the criteria, you’ll get a welcome bonus from the exchange.
Bybit VIP Program
Bybit offers a VIP program divided into VIP and Pro levels. To get a VIP level, you’ll need to have:
a minimum of $50k on your account balance
a minimum of 50k BIT (Bybit’s native token) on your balance and/or in staking
a certain trading volume for the last 30 days (USD equivalent)
To get a Pro level, you’ll need:
a certain trading volume for the last 30 days
a certain trading volume percentage of the total trading volume on Bybit (only for inverse futures and USDT futures)
All the conditions for getting VIP and Pro levels are described in detail in the table below.
Conditions for participating in the Bybit VIP program
Important: The trading volume is currently not being counted as criteria for the VIP and Pro levels on the spot market.The change was implemented on March 6, 2022 and is due to the 0% maker fee promotion.
Bybit P2P Fees
Bybit doesn’t charge its users for P2P trades. The conditions of a P2P deal depend on a particular ad and a chosen payment method. A guide on how to buy and sell crypto on Bybit P2P can be found here.
Bybit Fees for Deposit/Withdrawal of Funds
You can deposit/withdraw funds on Bybit via P2P, blockchain transfer, and with a bank card. Bybit doesn’t charge any extra for fiat deposits and P2P trades. Neither does the platform charge for crypto deposits from other exchanges or crypto wallets – users only have to pay gas fees in their selected network. The fee for a crypto withdrawal to another exchange or wallet depends on a specific coin/token.
Fees for crypto withdrawals
Network fees for transactions are also added to the fees for withdrawals described above. A network fee depends on the network load and may change throughout the day. You can read more about the crypto withdrawal fees on the Bybit official website.
Where to Track Bybit Fees
Bybit Personal Account
You can find out what fee was charged for a trade in the “Orders” section of the Bybit official website. Go to this section, select the market you wish to track, and click "Trade History". The deducted fee for the transaction will be indicated in the “Trading Fee” column.
Bybit “Orders” section: Trade History
You can also track Bybit fees on the TradersDiaries.com website. It’s a free online service for storing and analyzing trades on Bybit and other exchanges. TradersDiaries.com shows the fee amount and the fee percentage of the completed trades.
Bybit has relatively low fees for spot and futures trading (compared to other large crypto exchanges). The platform provides a lot of flexibility when it comes to the conditions for reducing trading fees (VIP and Pro levels). Besides, you can get a 10% discount on Bybit fees by signing up with a CScalp referral link.
Bybit users can deposit/withdraw funds via P2P without paying anything extra to the exchange. To trade on Bybit P2P without limits, you’ll need to pass the first level of KYC. You can check out the guide on how to complete KYC on Bybit here.
AVBINVEST LTD. is engaged in the development of financial software. The company owns the rights to the programs CScalp, Privod Bondar, FSR Launcher and others. The company is not involved in exchange operations and activities subject to licensing.