Crypto exchanges · Comparison
Bybit vs OKX in 2026: Fees, EU Licences and Rewards Compared
At the base tier OKX charges 0.08% maker / 0.10% taker on spot and 0.020% / 0.050% on futures; Bybit charges 0.10% / 0.10% and 0.020% / 0.055% (fee pages read 23 September 2026). Paid in MNT, Bybit’s spot rate falls to 0.075%. In the EEA, OKX Europe charges 0.08% / 0.10% against Bybit EU’s 0.10% / 0.25%, and of the two only OKX offers futures there.
Bybit: EEA residents are directed to Bybit EU, where PCNVIP does not apply; the UK service (since December 2025) offers spot and P2P only and no referral rewards; not available in the US. OKX: EEA residents use OKX Europe (Malta); in the US only through OKX US in approved locations.
The first button is a plain link to OKX; we have no affiliate relationship with OKX. The second is our Bybit affiliate link: Bybit pays us a commission; it costs you nothing and does not change your fees.
Written and checked by Sascha Martins, Promo Code Network, Switzerland
Bybit vs OKX fees at the base tier
Without a fee token OKX is cheaper on two of the four base rates and level on the other two. Paid in MNT, every Bybit rate falls below OKX’s; OKX has no equivalent, as its fee FAQ (updated 9 September 2026) says holding OKB does not offset trading fees.
| Base tier | Bybit (VIP 0) | Bybit, fees in MNT | OKX (regular) |
|---|---|---|---|
| Spot, maker / taker | 0.10% / 0.10% | 0.075% / 0.075% | 0.08% / 0.10% |
| Perpetuals / futures, maker / taker | 0.020% / 0.055% | 0.018% / 0.0495% | 0.020% / 0.050% |
| Per 10,000 USD, spot maker | 10.00 USD | 7.50 USD | 8.00 USD |
| Per 10,000 USD, futures taker | 5.50 USD | 4.95 USD | 5.00 USD |
Bybit fee structure (updated 2 September 2026) and MNT FAQ; OKX fee page, Spot and Futures tabs, shown from Switzerland under the OKX Europe footer; read 23 September 2026. The MNT discount does not apply to API, bot, copy-trading or liquidation orders. Perpetual futures are leveraged: a small price move against you can liquidate the position and lose the entire margin.
The MNT route means holding a token whose price moves. Futures fees are charged on the full notional value, not the margin. Bybit charges no liquidation fee on perpetuals and futures (help centre, updated 8 April 2026); a liquidated position still loses its margin.
Bybit vs OKX in the EEA: Bybit EU against OKX Europe
| EEA residents | Bybit EU | OKX Europe |
|---|---|---|
| Regulator, authorised | Austria’s FMA, 28 May 2025 | Malta’s MFSA, 27 January 2025 |
| MiCA services (ESMA register) | 5: custody, exchange for funds, exchange for crypto, placing, transfer | 9: the same plus trading platform, order execution, order transmission, portfolio management |
| Coverage | 29 EEA states, not Malta | All 30 EEA states |
| Spot fees, base tier | 0.10% maker / 0.25% taker; a single 0.25% from 5 October 2026 | 0.08% / 0.10% |
| Futures | None: the fee page covers spot and spot margin only | Crypto-linked expiry futures (“X-Perps”) through OKX Europe Markets Ltd, a MiFID II investment firm licensed by the MFSA |
ESMA CASP register, Bybit EU and OKX fee pages, OKX’s EEA derivatives terms (dated 7 September). OKX does not say whether its Futures-tab rate applies to X-Perps. Perpetual futures are leveraged: a small price move against you can liquidate the position and lose the entire margin.
Bybit is restricting its global platform for EEA residents in phases (notice of 29 June 2026) and says Bybit EU is seeking further Austrian licences for a broader product range. Until then this page does not treat Bybit’s perpetuals or copy trading as available in the EEA, and PCNVIP does not apply on Bybit EU. See MiCA-licensed exchanges.
Bybit and OKX in the UK and the US, and what the codes do
| Region or item | Bybit | OKX |
|---|---|---|
| United Kingdom | Since December 2025: spot and P2P, promotions approved by the FCA-authorised firm Archax; no derivatives, no referral rewards | May restrict derivatives, “cefi-related” and P2P services; copy trading not supported |
| United States | Not available | OKX Inc. (OKX US) serves residents of its approved locations; other US jurisdictions restricted |
| Referral code | PCNVIP: our affiliate code, no fee change and no reward of its own; Bybit’s new-user rewards (20 USD welcome reward on 21 September 2026) name no code condition | OKX runs a referral programme (site menu); no affiliate relationship, terms not reviewed |
OKX Terms of Service (updated 17 September 2026), Risk and Compliance Disclosure (updated 8 July 2026) and copy trading FAQ. Bybit’s reward vouchers cannot be withdrawn, profits can; its 30,000 USDT top new-user tier needs a 250,000 USD deposit plus 150 million USDT of volume.
Bybit and OKX: copy trading and security record
Copy trading, outside the EEA. OKX states that lead traders take 8% to 13% of a copier’s profits, copied trades pay the normal tier fee, and copy trading is not supported in the US, Canada, the UK and Malta, among others (FAQ updated 11 August 2026). Bybit’s Copy Trading Classic charges normal derivatives fees with no extra trading fee and excludes bonuses; copiers share part of their profits with the master trader (FAQ updated 15 September 2026).
Security. On or about 21 February 2025 Bybit was hacked; the FBI attributed the theft of about 1.5 billion USD in virtual assets to North Korea (FBI announcement I-022625-PSA, 26 February 2025). This page cites incidents only from a law-enforcement, regulator or operator source it links; none was read for OKX, which is not evidence that none occurred.
Cryptocurrency trading carries substantial risk; this page is information, not financial advice.
Verdict: Bybit vs OKX by where you live
In the EEA. OKX Europe, and we have no affiliate relationship with OKX: 0.08% / 0.10% on spot against Bybit EU’s 0.10% / 0.25%, nine licensed services against five, coverage including Malta, and crypto-linked futures that Bybit EU does not offer.
Outside the EEA, for example in Switzerland. A narrow OKX win at base rates: 0.08% against 0.10% as a spot maker, 0.050% against 0.055% as a futures taker. Bybit, which pays us a commission through the link above, is cheaper only if you pay fees in MNT (0.075% spot, 0.0495% futures taker) and accept holding that token, or if Bybit’s own new-user rewards matter to you. On or about 21 February 2025 Bybit was hacked; the FBI attributed the theft of about 1.5 billion USD to North Korea. Perpetual futures are leveraged: a small price move against you can liquidate the position and lose the entire margin.
In the UK and the US. Both restrict their UK offer, and Bybit pays no referral rewards there. In the US only OKX US, in its approved locations, is an option.
Bybit vs OKX: common questions
Is OKX cheaper than Bybit?
Which of the two offers futures to EU residents?
Is OKX available in Malta when Bybit EU is not?
Does OKX have a fee token like Bybit’s MNT?
Can UK or US residents use Bybit or OKX?
Sources
- OKX fee page (Spot and Futures tabs, MiCA licence footer) and OKX trading fee FAQ (updated 9 September 2026).
- OKX Terms of Service, Risk and Compliance Disclosure, OKX Europe Markets terms and copy trading FAQs.
- Bybit help centre: Trading Fee Structure, Paying Trading Fees with MNT, Fees That You Need to Know, Copy Trading FAQ.
- Bybit EEA notice, 29 June 2026; Bybit EU fee structure (updated 4 August 2026); ESMA CASP register.
- CoinDesk: Bybit returns to UK, 19 December 2025, and FBI announcement I-022625-PSA, 26 February 2025.
- Bybit invite page with the referral parameter, checked 21 September 2026 (20 USD welcome reward shown); Bybit Learn: Welcome Gift Rewards, 14 January 2026 (no code condition).
Read 23 September 2026 unless dated otherwise.