Bybit Fees Explained: Spot, Futures And Withdrawals

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Bybit charges different fees depending on the service you use. For spot trades the base fee is 0.1% both for makers and takers. For many futures contracts the maker fee can start at 0.02% while taker fees may be around 0.055%. Crypto withdrawals vary by coin and network; for example some USDT withdrawals on TRC-20 cost as little as 1 USDT, while other networks charge more. There are no deposit fees for on-chain crypto transfers on Bybit, and VIP users may unlock lower rates.

Bybit is known for simple trading tools and low costs, but understanding the Bybit fee structure helps you keep more of your profit. Whether you trade the spot or futures market, each order has its own cost. This guide explains trading fees for Bybit in clear steps so beginners can learn how the platform charges you and how to save money.

Bybit fees overview

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Bybit fees include costs you pay when you trade or move money on the exchange. These costs include spot and futures trading fees, network charges for Bybit withdrawal fees, and small extra costs like conversion or settlement fees on some products. The Bybit fee structure changes based on your order type, trading volume, and the network you choose for withdrawals.

Working with Bybit and its trading fees structure is easier once you understand how they are split across services. The main areas include:

A quick look at Bybit fees
	Bybit
Spot Taker fee, %	0.1
Spot Maker Fee, %	0.1
Futures Taker Fee, %	0.055
Futures Maker Fee, %	0.02
Deposit fee
Withdrawal fee	0.000111 ВТС 0.0015 ETH (ERC20)

Maker and taker explained

When you place an order on Bybit, you are charged either a maker or a taker fee. These fees help the exchange match trades smoothly.

Maker. A maker order sits in the order book and adds liquidity. Makers usually pay lower trading fees on Bybit.
Taker. A taker order fills instantly at the current market price. Takers often pay higher trading fees on Bybit because they remove liquidity.

Choosing the right order type helps manage Bybit trading fees in a simple way.

Spot trading fees

In the spot market on Bybit, both maker and taker orders for non-VIP users start at 0.10% each.

Spot trading fees comparison: Bybit vs competitors
	Bybit	MEXC	HTX
Spot Taker fee, %	0.1	0.05	0.2
Spot Maker Fee, %	0.1	0	0.2
Spot maker fee ($5M turnover)	0.065		0.1
Spot taker fee ($5M turnover)	0.0775	0.05	0.08

How to reduce your spot trading fee?

Use limit orders so your order may qualify as a maker and pay the lower fee.
Increase your 30-day trading volume or asset balance to reach a higher VIP tier and get lower rates.
Hold a BIT token if applicable to unlock discounts (check Bybit promotions in your region).

Futures trading fees

Futures on Bybit use a maker taker model. Most USDT contracts start at 0.02% for maker orders and 0.055% for taker orders for regular users. These Bybit futures trading fees change when you move into higher VIP levels.

Derivatives trading fees comparison: Bybit vs competitors
	Bybit	MEXC	HTX
Futures Taker Fee, %	0.055	0.02	0.05
Futures Maker Fee, %	0.02	0	0.02
Futures taker fee ($15M turnover)	0.04	0.02	0.045
Futures maker fee ($15M turnover)	0.018		0.014
Options fee, taker	0.02		0.05
Options fee, maker	0.03		0.05

Deposit and withdrawal fees

On Bybit, how much you pay to move money out or in depends on the coin, network, and method.

Deposits. There are no deposit fees on Bybit for most crypto deposits. When you add funds on-chain, you only pay the network cost, not a platform fee. If you use fiat providers, the fee comes from the third-party service and not from Bybit.
Withdrawals. The withdrawal fees on Bybit depend on the asset and the network you choose. Taking out USDT on TRC20 often costs about 1 USDT, while withdrawing the same coin on ERC20 can be closer to 10 USDT because that network is more expensive. Withdrawing BTC usually includes a fixed fee, often around 0.0005 BTC, but the exact rate can change with blockchain traffic. You can lower costs by selecting a cheaper network like TRC20, withdrawing larger amounts so the fixed fee has less impact, keeping your account verified to avoid extra checks, and using internal transfers when possible because those are usually free.

Convert and options fees

Convert fees. The Convert tool on Bybit lets you swap one coin for another without using the order book. There is no separate charge listed, but the cost is built into the spread. This means you may receive slightly less than the market price. The convert fees on Bybit are small for liquid pairs but can be higher for rare coins, so it helps to compare Convert prices with spot prices before making a large swap.
Options fees. Options on Bybit are settled in USDC and charge the same rate for both maker and taker trades. The main cost is a 0.03 percent trading fee when you open or close an order. If your option finishes in the money, a small settlement fee also applies at 0.015 percent. These costs stay the same no matter the size of the trade, so active Bybit users should include them in their total transaction fee planning.

VIP tiers and fee discounts

The VIP system on Bybit rewards active traders with lower costs across spot and futures markets. Your level is based on your 30 day trading volume and asset balance. Higher tiers offer cheaper rates for both maker and taker orders, which helps reduce overall trading fees on Bybit. Users in advanced levels also get extra benefits like better withdrawal limits and faster support. This tier system makes it easier for frequent traders to save money as their activity grows.

Binance vs Bybit fees in 2026

When comparing costs between major exchanges, Bybit vs Binance fees is one of the top queries. Both platforms charge around 0.1 percent for spot taker trades at the base level, but differences appear in futures and extra services. On Bybit, futures taker fees might start at about 0.055 percent, while on Binance they can be lower or vary by market. For peer-to-peer trades, Bybit often has zero platform fees, giving it an edge for users who focus on P2P. In withdrawal cases, both platforms depend on asset and network rather than having the same flat cost. If you’re choosing between them, consider your main product (spot vs futures), how active you are, and whether you use P2P or VIP tier benefits, the best value depends on your trading style.

Here’s a comparison between the two major platforms:

Bybit vs Binance
	Binance	Bybit
Spot Taker fee, %	0.1	0.1
Futures Taker Fee, %	0.05	0.055
P2P Taker Fee, %	0,1	0

How to reduce fees on Bybit

You can lower many of your costs on Bybit by choosing the right order type and network. Using limit orders helps you act as a maker, which often gives you cheaper maker taker fees. Staying active increases your chance to move into higher VIP levels, which reduce both spot and futures costs. You can also lower your withdrawal fees by selecting networks like TRC20 that usually cost less than ERC20. If you trade often, using a fees calculator can help you see the exact cost before placing a trade on Bybit and avoid surprises.

How to Reduce Fees on Bybit

Small fee choices protect long term trading profits

From my own time looking at how people trade, I noticed that many beginners focus only on price moves and ignore the small costs linked to each order. On Bybit, these include normal trading fees, the network fee you pay when you withdraw, and the funding payments that come with futures. Each fee looks small, but they grow quickly when you place many trades. I tell traders to check the fee on the order screen before they confirm a trade.

Picking a maker order, using a cheaper network when taking out funds, or working toward a higher VIP level can help cut these costs. I have seen traders improve their results just by changing how they manage fees, not by changing their strategy. Paying attention to the Bybit fee structure is a simple habit that keeps more money in your account without adding extra risk.

Conclusion

Managing your costs on Bybit is one of the easiest ways to protect your profit. When you understand how trading fees, withdrawal fees, and the full fee structure works on Bybit, you can make smarter choices with every order. Using limit orders, choosing cheaper networks, and aiming for better VIP levels can cut your costs without changing your trading style. These small steps help you keep more of what you earn and build stronger results over time.

FAQs

What affects my Bybit fees the most?

Your order type, trading volume, and network choice have the biggest effect. Maker orders are usually cheaper, and higher VIP levels lower many trading fees.

Are there fees for canceling orders on Bybit?

No. Canceling an order does not create any trading fee because the trade never executes.

How often does Bybit change its fee tiers?

Bybit fee tiers are updated daily based on your 30-day trading volume. The more you trade, the better your chance to unlock lower fees and reach higher VIP levels.

Are internal transfers on Bybit free?

Yes. Moving assets between your own wallets inside Bybit does not create a transaction fee, and the transfer is usually instant.

Team that worked on the article

Aleksandra Chaikina has been a contributor to Traders Union since 2021. With over 15 years of experience in copywriting and more than 5 years focused on financial content, she specializes in producing detailed guides, analytics, and comparative reviews across various sectors, including cryptocurrencies, Forex, investment strategies, and financial technologies.

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Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

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