Bybit Review (2026): Fees, Access and Custody Risk

Bybit offers several crypto products through different arrangements. Compare the specific product, your contracting entity, actual account fees and custody exposure. A large product range or a working app does not establish eligibility, liquidity for your order or protection from loss.

Before depositing, read the current restrictions and product terms. This review does not rank exchanges by unsupported user counts, trading-volume totals, listing counts or licence totals. For a trading decision, compare the live order book, spread and execution conditions for your intended pair and size; this article has not measured your likely fill.

Availability depends on the legal entity, jurisdiction, account and product. Global restrictions include the US, mainland China, Hong Kong, Singapore and Canada, among other locations; consult the current complete terms. Bybit announced UK spot/P2P services in December 2025, but the UK retail crypto-derivatives prohibition remains. The EU service is operated by a separate entity. Website access or identity verification does not establish eligibility for every product. See the current country restrictions, EU entity information and UK derivatives rules.

Reference checked 2026-09-07: general global VIP0 rates, per execution. A maker adds resting liquidity; a taker executes against existing liquidity. A limit order can be either. See the official fee schedule and your account's actual rate. Special products, regions and promotions may differ.

For example, an executed notional of 50,000 USDT at the reference taker rate 0.055% costs 27.5 USDT for that execution. Closing a position is another execution with its own notional and rate. Spread, slippage and funding are separate. Funding intervals vary by instrument; check its current settlement schedule.

Checked 2026-09-07: Bybit’s MNT payment FAQ describes eligible fee payments with discounts of 25% on spot and 10% on futures. MNT is the Mantle ecosystem token. Enable the relevant product/account option and have enough available MNT in the Unified Trading Account. Holding or staking alone is insufficient. Exclusions include inverse contracts, institutional/Pro/market-maker users, API orders, bots, copy-trading followers, RFQ and liquidation orders. Confirm your account’s conditions; buying or holding a token adds price and custody exposure.

Perpetual funding passes between holders of opposite positions. The payment depends on position notional, the applicable rate and whether the position is held at settlement; intervals vary by instrument. Rates can change sign or be zero. Funding may be smaller or larger than trading fees, and receiving it does not guarantee a positive total return.

Withdrawal charges depend on the asset, network and transfer method. Check the current withdrawal preview for the fee and minimum, confirm the exact token and network supported by the recipient, and verify the address and any required memo or tag. The exchange’s customer withdrawal charge is distinct from the network transaction fee. Fiat methods have separate terms. See the official withdrawal FAQ.