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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams
Trust score 8 / 10 · Trust rank #35 · Founded 2018
Bybit is a cryptocurrency exchange that offers leveraged trading on a variety of digital assets. It is known for its user-friendly interface and advanced trading features, catering to both novice and experienced…
Read the Bybit review
Trust score 9 / 10 · Trust rank #8 · Founded 2018
MEXC is a cryptocurrency exchange platform that provides a wide range of digital assets for trading. It is designed to cater to both novice and experienced traders with its user-friendly interface and…
Read the MEXC reviewBybit and MEXC are both centralized exchanges. Bybit (founded 2018, headquartered in British Virgin Islands) ranks #35 on our trust rank, reports $2.65B in 24-hour trading volume and lists 389 coins across 519 trading pairs. MEXC (founded 2018, headquartered in Seychelles) ranks #8 on our trust rank, reports $1.37B in 24-hour trading volume and lists 1,399 coins across 1,778 trading pairs. The two overlap in 16 countries; Bybit is available in 17 countries where MEXC is not, and MEXC in 0 where Bybit is not.
Scored on 6 measurable dimensions where both exchanges have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | Bybit | MEXC |
|---|---|---|
| Trust score | 8 / 10 | 9 / 10 |
| Trust rank | #35 | #8 |
| 24h trading volume | $2.65B | $1.37B |
| Coins listed | 389 | 1,399 |
| Trading pairs | 519 | 1,778 |
| Founded | 2018 | 2018 |
| Headquarters | British Virgin Islands | Seychelles |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 33 countries | 16 countries |
| Licences / registrations | Financial Market Authority (FMA), MiCA licence - Austria, Financial Intelligence Unit (FIU-IND), registration - India, Virtual Assets Regulatory Authority (VARA), exchange services - United Arab Emirates | Not verified |
| Trading types | Derivatives, Spot | Derivatives, Spot |
| Best-for use cases | Beginner-Friendly, Centralized, High Liquidity, Low-Fee, Margin trading, Peer-to-Peer (P2P) | Beginner-Friendly, Centralized, Copy Trading, Low-Fee, Margin trading, Peer-to-Peer (P2P) |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that exchange — we never fill gaps with estimates.
Available at both (16): Australia, Brazil, Canada, France, Germany, India, Italy, Japan, Mexico, New Zealand, Norway, Singapore, South Africa, Spain, Sweden, Switzerland.
Only Bybit (17): Argentina, Austria, Belgium, Chile, Colombia, Denmark, Finland, Hong Kong, Indonesia, Ireland, Malaysia, Philippines, Poland, Portugal, Romania, Thailand, United Arab Emirates.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
Bybit reports the higher 24-hour trading volume ($2.65B vs $1.37B), based on the latest market data in our catalogue.
MEXC lists more coins: 389 at Bybit versus 1,399 at MEXC.
MEXC has the higher trust score (8 / 10 vs 9 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Bybit is the older of the two, founded in 2018; MEXC was founded in 2018.
They overlap in 16 countries. Bybit is additionally available in 17 countries (Argentina, Austria, Belgium, Chile, Colombia, Denmark and 11 more) and MEXC in 0 countries ().
Risk warning: cryptoassets are highly volatile and largely unregulated in many jurisdictions. You may lose the entire amount you deposit. Nothing on this page is financial advice; check availability and terms with the exchange before opening an account. Full risk disclosure.