Bybit vs OKX
November 2026 — Side-by-side comparison of fees, volume, liquidity, traffic, and composite score
| Metric | Bybit | OKX |
|---|---|---|
| Volume | ||
| Score (0–100)↕ | 99 | ★99 |
| Volume 24h↕ | ★$2.26B | $2.09B |
| Volume 7d↕ | $98.80B | ★$197.37B |
| Volume 30d↕ | $405.75B | ★$593.06B |
| 24h Change↕ | +97.57% | ★+155.25% |
| Fees | ||
| Maker Fee↕ | 0.10% | ★0.08% |
| Taker Fee↕ | 0.10% | 0.10% |
| Market Depth | ||
| Avg Liquidity↕ | 680 | ★747 |
| Trading Pairs↕ | 1,281 | ★1,999 |
| Coins Listed↕ | ★797 | 603 |
| Traffic | ||
| Weekly Visits↕ | 2.24M | ★5.31M |
| Traffic Score↕ | ★852.4 | 805.2 |
| Info | ||
| Fiat Currencies↕ | 6 currencies | ★46 currencies |
| Founded↕ | 2018 | ★2017 |
| Type | CEX | CEX |
| Rank↕ | #2 | ★#1 |
Fee Comparison
Base tier · Tier 0| Fee Type | Bybit | OKX | Winner |
|---|---|---|---|
Maker Fee | 0.100% | 0.080%cheaper | OKXlower fee |
Taker Fee | 0.100% | 0.100% | — |
| Spread (Taker − Maker) | 0.000% | 0.020% |
Disclaimer: Base-tier rates (Tier 0) without VIP, volume, or token discounts. Negative maker fee = rebate (you earn it). Always verify on official fee pages.
Bybit
Green = supported by all compared exchanges (6 shared)
OKX
Green = supported by all compared exchanges (6 shared)
About Bybit
Bybit is a centralized cryptocurrency exchange founded in 2018 by Singaporean entrepreneur Ben Zhou, who remains its chief executive officer. Originally associated with Singapore, the company moved its headquarters to Dubai in 2022 and has positioned itself as a global trading venue with a particularly strong reputation in crypto derivatives. In industry terms, Bybit is best known as a high-liquidity platform for active traders, while also trying to serve newer users through a cleaner interface, copy trading tools, and a broader retail product lineup. The exchange’s core products include spot trading, perpetual contracts, futures, options, and spot margin trading. It also offers earn-style services such as staking and yield products, along with copy trading that lets users follow more experienced traders. This combination has helped Bybit expand beyond its original derivatives niche into a more full-service exchange model. Even so, derivatives remain central to its identity, and the platform is often compared with other large offshore exchanges that cater to sophisticated traders looking for leverage, advanced order types, and deep order books. Bybit lists hundreds of digital assets and supports well over 1,000 trading pairs, with major markets centered on Bitcoin, Ethereum, Solana, XRP, stablecoins, and a long tail of altcoins. The exact number changes regularly as listings and delistings occur, but the exchange consistently ranks among the larger platforms by product breadth. Its liquidity and contract selection have made it especially visible in BTC- and ETH-linked perpetual markets. Fees follow a maker-taker model and vary by product and VIP tier. For standard users, spot trading is typically priced at 0.10% for makers and 0.10% for takers. Derivatives are cheaper, with non-VIP rates commonly around 0.02% maker and 0.055% taker, while options have their own schedule. Users can qualify for lower fees through higher 30-day trading volume or larger asset balances, and top tiers receive materially better pricing, including zero maker fees on some derivatives tiers. From time to time, Bybit also runs promotional zero-fee campaigns on selected spot pairs. Security is a major part of Bybit’s public messaging. The exchange uses cold storage for most customer assets, multi-signature wallet controls, withdrawal protections, and two-factor authentication. It also maintains an insurance mechanism tied to its derivatives business. However, its record includes a major incident: in February 2025, Bybit suffered a huge hack in which roughly 400,000 ETH, worth about $1.4 billion at the time, was stolen after attackers exploited compromised wallet-signing infrastructure linked to Safe{Wallet}. The attack was later attributed by investigators, including the FBI, to North Korean Lazarus actors. Bybit said it replenished reserves within about 72 hours, which helped preserve operations, but the event remains one of the largest thefts in crypto history. On the regulatory side, Bybit has faced warnings, restrictions, or enforcement action in a number of jurisdictions, including the United States, the United Kingdom, Japan, Canada, and India. US users are not permitted to use the platform, and access is restricted in several other markets. At the same time, Bybit has pursued licensing in friendlier jurisdictions. In 2025, its European subsidiary received MiCA-related authorization from Austria’s financial regulator, giving it a more formal basis for serving users in parts of the European Economic Area. For fiat access, Bybit supports various buy, deposit, and withdrawal channels depending on region, including bank transfers, payment providers, and card purchases in supported markets. Bybit also offers polished mobile apps for iOS and Android, and these are generally regarded as feature-rich enough for full trading on the go. For developers and professional traders, the exchange provides a well-documented API covering market data, order management, and account functions, making it suitable for bots and algorithmic strategies. What distinguishes Bybit most is the combination of strong derivatives liquidity, relatively competitive contract fees, broad retail features, and a user experience that is more approachable than many advanced exchanges. For traders who want deep perpetual markets, copy trading, and access to a wide range of crypto products outside the United States, Bybit remains one of the most prominent names in the sector.
Full profile →About OKX
OKX is a prominent centralized cryptocurrency exchange, established in 2017 by Star Xu as part of the OK Group, with its headquarters located in Seychelles. It consistently ranks among the top global exchanges by daily trading volume, positioning itself as a comprehensive platform catering to both novice and experienced traders. The exchange is recognized for its extensive offerings and competitive fee structure. OKX provides a broad spectrum of products and features designed to meet diverse trading and investment needs. These include robust spot trading capabilities, futures trading with options for high leverage, and margin trading. For users seeking passive income, OKX offers staking opportunities. The platform also integrates an NFT marketplace and supports copy trading, allowing users to replicate the strategies of successful traders. Additionally, OKX provides demo accounts, which are valuable learning tools for new traders to practice strategies without financial risk. A key component of its ecosystem is the OKX Wallet, which supports over 70 blockchains and facilitates access to decentralized applications (dApps) and various DeFi projects. The exchange boasts a wide selection of digital assets, supporting approximately 314 cryptocurrencies and offering around 739 trading pairs. This extensive range provides users with ample opportunities to diversify their portfolios and engage in various trading strategies across different markets. OKX employs a tiered fee structure that incentivizes higher trading volumes and asset holdings. For regular users with less than $100,000 in assets, spot trading fees typically start at 0.08% for makers and 0.10% for takers. These fees can be reduced further for users holding over 1,000 OKB tokens, reaching as low as 0.06% for both makers and takers. VIP tiers offer even more significant reductions; for instance, VIP 1 users with over $100,000 in assets pay 0.045% for makers and 0.05% for takers. The highest VIP tier, VIP 8, features negative maker fees of -0.005%, effectively rewarding liquidity providers, and a taker fee of 0.015%. For spreads trading, OKX applies a 50% discount on the standard rate based on the user’s tier level. Cryptocurrency deposits are generally free, though network fees apply. Withdrawal fees vary depending on the cryptocurrency and network, with examples including 0.00003 BTC for Bitcoin withdrawals and varying ETH fees from 0.00004 ETH to 0.013 ETH, depending on the chosen network. Fiat currency deposits and withdrawals are supported through various methods, including bank transfers, P2P trading, and third-party payment providers, with associated fees that vary by method and currency. In terms of security and regulation, OKX emphasizes multiple layers of protection for user funds and data. It utilizes cold storage for the majority of assets to minimize exposure to cyberattacks and implements Two-Factor Authentication (2FA) for critical transactions. The exchange also maintains Proof of Reserves to ensure sufficient assets cover user balances. While OKX has secured regulatory licenses in several key markets, such as a VASP license from the Dubai Virtual Assets Regulatory Authority, it has faced challenges in other regions, notably being unavailable in the US and Canada due to regulatory restrictions. The exchange has also experienced security incidents in the past, with a notable breach in June 2024, prompting subsequent security enhancements. OKX serves a global user base, supporting over 100 fiat currencies and various payment methods. However, its services are restricted in certain jurisdictions, including the United States and Canada. Supported fiat currencies include USD, EUR, GBP, AUD, BRL, and many others, with deposit methods encompassing bank transfers, card payments, and P2P options. The platform offers a user-friendly mobile application, available on both web and phone, ensuring accessibility for traders on the go. For algorithmic traders, OKX provides API availability, facilitating automated trading strategies. OKX distinguishes itself through several unique selling points. Its comprehensive Web3 wallet and deep DeFi integration allow users to seamlessly explore the decentralized ecosystem. The platform is often praised for its intuitive and visually appealing interface, which enhances the user experience. Despite some reported issues with customer support and verification processes, its extensive range of tools, competitive fees, and commitment to security, including Proof of Reserves, make it a preferred choice for millions of users worldwide. The exchange has also engaged in high-profile sponsorships with entities like Manchester City and McLaren, enhancing its global brand recognition.
Full profile →Bybit vs OKX — November 2026 Analysis
This comparison uses ExchangeRank's composite scoring algorithm to evaluate exchanges across six dimensions: 24h trading volume (28%), weekly visitor traffic (29%), traffic quality (14%), effective liquidity (15%), number of trading pairs (6%), and volume consistency over 7 days (8%). Fee data is sourced from official exchange fee schedules (base-tier, Tier 0).
OKX leads with 11 metric wins in November 2026. For a full breakdown of the ranking methodology, see our methodology page.