BingX vs Bybit
Comparing taker fees, maker fees, fendfee rebate rate, supported USDT payout networks, and KYC requirements. Both exchanges integrate with fendfee — every taker commission you pay flows back as a daily USDT rebate on BEP-20.
After fendfee's up-to-40% taker rebate, BingX works out cheaper for a pure taker strategy — its effective taker rate of 0.0300% is about 9.1% lower than the other side. If you trade primarily as maker, weigh the maker-fee comparison below instead.
Common questions
Which exchange has the lower effective taker fee with fendfee rebate — BingX or Bybit?+
After applying fendfee's up-to-40% rebate, BingX works out to an effective taker rate of 0.0300%, versus 0.0330% for the other. That is roughly 9.1% cheaper per dollar of taker volume on BingX.
Do both BingX and Bybit support USDT BEP-20 withdrawals?+
BingX: BEP-20 yes, TRC-20 no, ERC-20 no. Bybit: BEP-20 yes, TRC-20 no, ERC-20 no. fendfee itself only pays out on BEP-20 today.
Is KYC required on both BingX and Bybit?+
BingX: no (basic features unlocked without KYC). Bybit: no (basic features unlocked without KYC).
Can I use fendfee's cashback on both BingX and Bybit from the same account?+
Yes. fendfee accepts UIDs from every partner exchange under one account — cashback from BingX and Bybit flows into the same USDT balance. Switching between them is purely a question of which exchange has the lower effective fee on your trading style.