In this article, I will discuss the Best Bybit and Huobi Competitors With Low Trading Fees. There are several gateways with advanced trading features and high liquidity that demand less KYC which are perfect for cost-effective substitutes.
Bitget and Gate.io, MEXC, OKX, KuCoin, Binance, BitMart, Phemex, CoinEx and Crypto.com are some of the exchanges which offer low fees and facilitate smooth trading for beginners and professionals.
Key Point & Best Bybit and Huobi Competitors With Low Trading Fees List
| Exchange | Key Points |
|---|---|
| Gate.io | Wide range of altcoins, margin & futures trading, staking options, moderate fees. |
| Bitget | Strong in derivatives trading, copy trading, competitive futures fees, multi-chain support. |
| MEXC | Large token selection, futures & spot trading, fast listing of new coins, beginner-friendly. |
| OKX | Advanced trading tools, futures & options, DeFi access, low fees for high volume. |
| KuCoin | Supports margin & futures, staking, lending, P2P services, broad global reach. |
| Binance | Largest exchange by volume, spot & derivatives, savings & staking, extensive crypto ecosystem. |
| BitMart | Spot & futures, NFT marketplace, competitive fees, wide altcoin availability. |
| Phemex | Zero-fee spot trading, advanced derivatives, high leverage, fast execution. |
| CoinEx | Low trading fees, spot & futures, global accessibility, simple interface for beginners. |
| Crypto.com | Crypto trading, DeFi & NFT services, staking rewards, integrated payment solutions. |
1.Gate.io
Gate.io is one of the best Huobi and Bybit alternatives due to its low trading fees and wide selection of cryptocurrencies, as well as its advanced trading features. It has both spot and futures trading and charges very low fees which is beneficial for active traders.
Also, the best part is the mix of simple to use platform and strong liquidity which enhances the execution of orders for active traders. Furthermore, Gate.io has added staking and lending services which provide more rewards for traders, all while keeping trading costs low.
| Feature | Details |
|---|---|
| Exchange Name | Gate.io |
| Trading Types | Spot, Futures, Margin |
| Trading Fees | Low fees (0.2% spot, competitive futures fees) |
| KYC Requirement | Minimal KYC for basic trading, full KYC for higher limits |
| Deposit Methods | Crypto deposits, limited fiat options |
| Withdrawal Methods | Crypto withdrawals, fiat via third-party partners |
| Liquidity | High liquidity across major coins |
| Unique Features | Wide altcoin selection, staking, lending |
| Customer Support | 24/7 live chat and ticket support |
2.Bitget
As one of the top competitors to Bybit and Huobi, Bitget stands out due to low trading fees which offers an advantage to those looking for cost-effective derivatives and spot trading. Particularly, the impressive copy trading system allows beginners to minimize fees while replicating the actions of seasoned traders.
In addition, Bitget offers fast order execution and high liquidity while supporting multiple chains, which makes trading in different markets smooth and easy. With strong user-focused tools and competitive futures fees, Bitget is fully equipped and stands as an alternative to Bybit and Huobi due to their advanced features paired with low cost.
| Feature | Details |
|---|---|
| Exchange Name | Bitget |
| Trading Types | Spot, Futures, Margin |
| Trading Fees | Low fees (0.1% spot, competitive futures fees) |
| KYC Requirement | Minimal KYC for basic trading, full KYC for higher limits |
| Deposit Methods | Crypto deposits, limited fiat options |
| Withdrawal Methods | Crypto withdrawals, fiat via supported partners |
| Liquidity | High liquidity for major and altcoins |
| Unique Features | Copy trading, multi-chain support, staking options |
| Customer Support | 24/7 live chat and ticket system |
3.MEXC
MEXC is one of the leaders when it comes to competition with Bybit and Huobi as they both offer low trading fees and a wide selection of cryptocurrencies. One of MEXC’s most noteworthy features is the rapid token listings, which is beneficial to users by providing early access to emerging projects while having low fees.
MEXC offers spot and futures trading, high liquidity, and has an intuitive interface for beginners. MEXC has emerged as a good alternative to Bybit and Huobi because they offer low trading fees coupled with fast deposits and withdrawals, enabling fast execution of strategies.
| Feature | Details |
|---|---|
| Exchange Name | MEXC |
| Trading Types | Spot, Futures, Margin |
| Trading Fees | Low fees (0.2% spot, competitive futures fees) |
| KYC Requirement | Minimal KYC for basic trading, full KYC for higher limits |
| Deposit Methods | Crypto deposits, limited fiat via partners |
| Withdrawal Methods | Crypto withdrawals, fiat via supported services |
| Liquidity | High liquidity for popular and emerging tokens |
| Unique Features | Rapid token listings, beginner-friendly interface, staking options |
| Customer Support | 24/7 live chat and ticket support |
4.OKX
OKX is positioned as one of the top competitors of Bybit and Huobi. The platform is suitable for both new users and professional traders, with low trading fees and a comprehensive suite of trading tools.
Among its features, the platform stands out for providing tools for futures, options, and spot trading, all at low fees. Smooth trading with OKX is guaranteed. The platform has deep liquidity as well as fast execution. Also, its access to DeFi as well as the integrated staking features put OKX as a reliable and versatile competitor to Bybit and Huobi.
| Feature | Details |
|---|---|
| Exchange Name | OKX |
| Trading Types | Spot, Futures, Margin, Options |
| Trading Fees | Low fees (0.1% spot, competitive futures & options fees) |
| KYC Requirement | Minimal KYC for basic trading, full KYC for higher limits |
| Deposit Methods | Crypto deposits, limited fiat via partners |
| Withdrawal Methods | Crypto withdrawals, fiat via supported services |
| Liquidity | Deep liquidity for major coins and derivatives |
| Unique Features | Advanced trading tools, DeFi access, staking |
| Customer Support | 24/7 live chat and ticket support |
5.KuCoin
KuCoin is a prominent competitor with a stronger Bybit and Huobi focus, equipped with low trading fees and a wide range of cryptocurrencies. Its specific advantage is integrating more sophisticated trading options such as futures and margin trading with an easy to use interface friendly to beginners and seasoned traders alike.
Other than trading, KuCoin provides services like staking and lending which allow users to earn passive income, making trading on the platform low-cost. KuCoin provides a reliable and low-cost alternative due to its high liquidity, fast-order execution, and low trading fees which places it as one of the prominent low-fee crypto exchanges.
| Feature | Details |
|---|---|
| Exchange Name | KuCoin |
| Trading Types | Spot, Futures, Margin |
| Trading Fees | Low fees (0.1% spot, competitive futures fees) |
| KYC Requirement | Minimal KYC for basic trading, full KYC for higher limits |
| Deposit Methods | Crypto deposits, limited fiat via partners |
| Withdrawal Methods | Crypto withdrawals, fiat via supported services |
| Liquidity | High liquidity across major and altcoins |
| Unique Features | Staking, lending, P2P services, wide crypto selection |
| Customer Support | 24/7 live chat and ticket system |
6.Binance
Binance remains unmatched in competition with Bybit and Huobi, with low trading fees, offering unrivaled liquidity and a wide array of cryptocurrencies. What sets Binance apart is its holistic ecosystem, with spot and margin trading, futures trading, staking, saving, and even NFT markets, all at a low fee.
Because of its advanced trading tools, fast execution, and global presence, Binance is a great fit for all traders: beginners and professionals. Bybit and Huobi users looking for a broad range of low cost features will find Binance a compelling choice.
| Feature | Details |
|---|---|
| Exchange Name | Binance |
| Trading Types | Spot, Futures, Margin, Options |
| Trading Fees | Low fees (0.1% spot, competitive futures & options fees) |
| KYC Requirement | Minimal KYC for basic trading, full KYC for higher limits |
| Deposit Methods | Crypto deposits, fiat via supported partners |
| Withdrawal Methods | Crypto withdrawals, fiat via partners |
| Liquidity | Very high liquidity across major coins and markets |
| Unique Features | Extensive crypto ecosystem, staking, savings, NFT marketplace |
| Customer Support | 24/7 live chat, ticket support, multilingual service |
7.BitMart
BitMart competes well with Bybit and Huobi due to its low trading fees and an easy-to-navigate interface for both spot and futures trading. Unlike its competitors, BitMart has an integrated NFT marketplace and offers a wider selection of altcoins, enabling traders to accomplish several objectives simultaneously.
Moreover, BitMart offers high trading liquidity and speedy transaction processing, which makes trading effortless. BitMart stands out as a low-cost substitute to Bybit and Huobi as it provides a mix of value, variety, and extra earning potential.
| Feature | Details |
|---|---|
| Exchange Name | BitMart |
| Trading Types | Spot, Futures |
| Trading Fees | Low fees (0.2% spot, competitive futures fees) |
| KYC Requirement | Minimal KYC for basic trading, full KYC for higher limits |
| Deposit Methods | Crypto deposits, limited fiat via partners |
| Withdrawal Methods | Crypto withdrawals, fiat via supported services |
| Liquidity | High liquidity for major and altcoins |
| Unique Features | NFT marketplace, wide altcoin selection, staking options |
| Customer Support | 24/7 live chat and ticket system |
8.Phemex
Phemex compared to Bybit and Huobi has emerged as their major competitor as it has low trading fees and a seamless interface for both spot and derivatives trading. Its most important feature is spot trading with no fees, which allows users to fully benefit without incurring additional expenses.
Phemex caters to professional hustlers by offering high leverage, swift order execution, and sophisticated trading resources. With a focus on simplicity, speed, and low cost, Phemex serves cost-conscious traders and is therefore a best alternative to Bybit and Huobi.
| Feature | Details |
|---|---|
| Exchange Name | Phemex |
| Trading Types | Spot, Futures, Margin |
| Trading Fees | Low fees (0% spot, competitive futures fees) |
| KYC Requirement | Minimal KYC for basic trading, full KYC for higher limits |
| Deposit Methods | Crypto deposits, limited fiat via partners |
| Withdrawal Methods | Crypto withdrawals, fiat via supported services |
| Liquidity | High liquidity for major coins and derivatives |
| Unique Features | Zero-fee spot trading, high leverage, fast order execution |
| Customer Support | 24/7 live chat and ticket system |
9.CoinEx
CoinEx competes well with Bybit and Huobi, providing a simple-to-use interface and low trading fees which attracts both new and seasoned traders. What sets CoinEx apart is the combination of a simplified interface with good liquidity, allowing for fast and seamless order execution.
CoinEx provides spot and futures trading, as well as staking and other earning features. With a focus on low fees and a seamless trading experience, CoinEx positions itself as a reliable and cost-efficient alternative to Bybit and Huobi.
| Feature | Details |
|---|---|
| Exchange Name | CoinEx |
| Trading Types | Spot, Futures |
| Trading Fees | Low fees (0.1% spot, competitive futures fees) |
| KYC Requirement | Minimal KYC for basic trading, full KYC for higher limits |
| Deposit Methods | Crypto deposits, limited fiat via partners |
| Withdrawal Methods | Crypto withdrawals, fiat via supported services |
| Liquidity | High liquidity across popular and emerging tokens |
| Unique Features | Simple interface, staking options, fast token listings |
| Customer Support | 24/7 live chat and ticket support |
10.Crypto.com
Crypto.com has emerged as one of the key players in the industry along with Bybit and Huobi as they have competitive trading fees and a wide range of services in the cryptocurrency realm. The singular advantage of Crypto.com is the payment solutions alongside DeFi services and staking rewards which is integrated into a single platform which allows the users to manage and grow their cryptocurrency.
In addition to this, the platform provides high liquidity, fast order execution, and trading tools which are simple to understand which makes Crypto.com trading platform cost-effective and convenient. When comparing Crypto.com to Bybit and Huobi, Crypto.com is a one of a kind services because it provides countless financial solutions at low prices.
Conclusion
For traders in search of alternatives to Bybit and Huobi, there is a solid variety of choices. In addition to Bybit and Huobi, other exchanges such as Gate.io, Bitget, MEXC, OKX, KuCoin, Binance, BitMart, Phemex, CoinEx, and Crypto.com offer advanced services, high liquidity, and user-friendly interfaces alongside low trading fees.
These platforms are exceptional in their own regard and offer additional services such as staking and DeFi, zero-fee trading, and copy trading. This allows both novice and expert traders to employ their trading strategies at a low cost, making these platforms strong contenders in the crypto trading industry.
FAQ
Which exchanges are the top competitors to Bybit and Huobi with low fees?
Gate.io, Bitget, MEXC, OKX, KuCoin, Binance, BitMart, Phemex, CoinEx, and Crypto.com are all strong alternatives offering low trading fees.
Why choose these exchanges over Bybit or Huobi?
They provide competitive fees, high liquidity, advanced trading tools, and additional services like staking, DeFi access, or copy trading, giving users cost-efficient and versatile trading options.
Are these exchanges beginner-friendly?
Yes, most of them offer intuitive interfaces, tutorials, and simplified trading options, making them suitable for both beginners and experienced traders.
