In the field of digital currency trading, Bybit Exchange has always attracted much attention. Among them, one of the most watched topics is its fee policy. So, what is the fee of Bybit Exchange? What is the fee breakdown? Next, we will find out.

First, let's take a look at the fees of Bybit Exchange. Bybit Exchange is famous for its low fees. Compared with other exchanges, Bybit's trading fees are very competitive. Specifically, Bybit's fees mainly include opening fees and closing fees. The opening fee refers to the fee charged when establishing a position, while the closing fee is the fee incurred when closing a position. The rationality and transparency of these two fees enable traders to clearly understand the cost structure of each transaction, so as to better plan trading strategies.

On Bybit Exchange, what are the specific values of opening fees and closing fees? It is worth mentioning that Bybit adopts the Maker and Taker model. In the Maker mode, traders place orders through pending orders, that is, in the form of passive entrustment. At this time, the trader is the Maker, and the fee will be relatively low. In the Taker mode, traders trade by actively taking orders, that is, they immediately trade the orders of the counterparty. At this time, the trader is the Taker, and the handling fee is relatively high. This distinction is intended to encourage traders to provide liquidity and promote the healthy development of the market.

In addition, Bybit has formulated different handling fee policies for different trading products. The transaction fees of mainstream digital currencies such as Bitcoin and Ethereum are relatively low, while the transaction fees of some niche digital currencies may be slightly higher. This differentiated handling fee design is designed to meet the trading needs of different trading products and enhance the trading experience.

In addition to the opening and closing fees, Bybit also has some other fees. For example, funding fees are an interest fee charged by an exchange to position holders, and the calculation method is complex and variable. In addition, withdrawal fees are also a fee that traders need to pay attention to. The withdrawal fees of different digital currencies are different. Traders need to choose the appropriate withdrawal method according to the actual situation to reduce costs.

In summary, the handling fee policy of the Bybit exchange is very favorable and transparent. Through reasonable fee design and differentiated charging standards, Bybit provides traders with a low-cost and efficient trading environment. In the future, as the digital currency market continues to develop, I believe Bybit will continue to optimize its fee policy and create more value for traders. Let us look forward to more exciting performances from Bybit in the digital currency field!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Speaking of Bybit Exchange, many investors may have heard of it. In the digital currency trading market, this exchange is still a relatively mainstream trading platform. The main service content of Bybit Exchange is the derivative service of digital assets. The headquarters of the exchange is located in Singapore. Its business scope has covered many regions and countries such as North America, Europe, Southeast Asia, Japan, and South Korea. It is a very international exchange. Its founding team is composed of blockchain investors and financial executives. Many investors still don’t know how much the Bybit exchange fee is? Let the coin circle editor bring you the Bybit exchange fee details.

 How much is the Bybit exchange fee?

Every transaction conducted on bybit will incur a transaction fee.

·The handling fee is only generated when the order is executed. The handling fee is deducted from the account balance and does not affect the initial margin of the order

·The order handling fee of the liquidity provider (the order enters the OrderBook and deepens the market depth, such as the limit order, etc.) is negative, which means that the trader receives the handling fee as a platform reward

·The order handling fee of the liquidity extractor (the order is executed immediately and the market depth is digested, such as the market order) is positive, which means that the trader pays the handling fee

Reverse contract

In the "Transaction Record", a positive handling fee means that the extractor fee has been paid, while a negative handling fee means that the provider reward has been received.

Formula for reverse contract: Fee = Order value x Fee rate Order value = Order quantity / Entry price

Example:

Trader A uses market order to buy 10,000 BTCUSD contracts Trader B uses limit order to sell 10,000 BTCUSD contracts

Assuming the entry price is 8,000 USD, after the order is matched:

Trader A Liquidity Extractor Pays Fee = 10,000/8,000 x 0.075% = 0.0009375 BTC Trader B Liquidity Provider Receives Fee =
10,000/8,000 x -0.025% = -0.0003125 BTC

Therefore, after execution, Trader A will pay 0.0009375 BTC and Trader B will receive 0.0003125 BTC.

USDT Contract

In the "Transaction Record", a positive fee indicates that the Taker Fee has been paid, while a negative fee indicates that the Provider Reward has been received.

Formula for a forward contract: Fee = Order Value x Fee Rate Order Value = Quantity x Entry Price

Forward Contract Example: Trader A uses a market order to buy 10 BTC contracts. Trader B uses a limit order to sell 10 BTC contracts.

Assuming the entry price is 8000 USDT:

Taker Fee to be paid by Trader A = 10 x 8000 x 0.075% = 60 USDT Reward to be received by Trader B = 10 x 8000 x -0.025% = -20
USDT

Therefore, after execution, Trader A will pay 60 USDT and Trader B will receive 20 USDT.

 Is Bybit Exchange reliable?

Bybit Exchange is reliable. Bybit has always been committed to leading and building a healthy digital currency trading ecosystem, creating a more fair, efficient and people-oriented trading platform, providing traders with a better trading experience
, meeting the actual needs of traders, and promoting the development of the digital currency trading market. The exchange has the following advantages:

1. 100x leverage BTCÐ perpetual contract

Diversified derivatives, flexible and adjustable leverage, to meet the diverse needs of traders

2. Double price mechanism

The on-site price is always anchored to the real market price, without huge deviation, ensuring transaction fairness and avoiding market manipulation

3. 247 multi-language online customer service

Manual online and email customer service are on call 24 hours a day, providing extremely fast professional solutions

4. Super matching engine & high liquidity

The self-developed engine can match 100,000 single contracts per second, Rest API/WebStocket/FIX meets institutional needs, fast order placement for major market conditions, and sufficient market liquidity

5. Combined with the industry's top security testing institutions

In-depth cooperation with Manwu Technology to ensure the systemic security of the trading platform

6. Multi-signature system

Isolation of hot and cold wallets, multiple identity authentication for withdrawals, to ensure the safety of funds

7. Insurance fund + automatic position reduction mechanism

Reject social stop loss and protect the interests of traders

8. Intelligent trading system

One-click stop loss and stop loss when entering the market, and trailing stop loss when exiting the market, without watching the market all the time

9. Rich order types, multiple execution strategies

Limit order | Market order | Conditional order | GTC | FOK | IOC | Stop profit | Stop loss | Trailing stop loss

Bybit is committed to combining traditional financial experience with the characteristics of digital currencies to create a safer, more professional, and better user experience trading platform in the industry.

To sum up, this is the answer from the editor of Coin Circle to the question of how much the Bybit exchange fee is. I hope that this article about the fee details of the Bybit exchange can help investors have a more comprehensive and in-depth understanding of the Bybit exchange. The editor of Coin Circle here reminds all investors that you must pay attention to the exchange fee when choosing, because the exchange fee is also part of our investment cost. If the exchange fee is too high, the investment cost will also be relatively high, and the investment difficulty will also be relatively high. We should try to choose some exchanges with moderate fees.