Bybit vs Bitget for Beginners: Which Should You Pick?

🕐 4 min read · Updated 2026-10-12 · Not financial advice

Bybit and Bitget both market themselves to new traders, with low fees and copy trading as the hook. If you are opening a first account with a few hundred dollars, the real question is narrower: which of the two is easier to use without making an expensive mistake? The answer depends on whether you intend to pick your own trades or follow someone else's.

The headline fee is not comparing the same product

Bybit lists a base maker fee of 0.02% and a taker fee of 0.055%. Bitget lists 0.10% maker and 0.10% taker. Side by side, Bybit looks several times cheaper, and for taker orders it genuinely is cheaper on the products those rates cover. But the two numbers are not measured on the same thing, which is the trap a beginner walks straight into.

  • Bybit: 0.02% maker, 0.055% taker, 500+ pairs
  • Bitget: 0.10% maker, 0.10% taker, 900+ pairs
  • Both apply a 20% discount when you register through a referral code
  • Both charge less for maker orders than taker orders on their own schedules

Check the fee page for the product you plan to trade before you commit, because a quoted headline rate often belongs to the derivatives schedule rather than spot. Comparing two exchanges by their marketing pages is how people end up disappointed by their first statement.

Where Bitget is genuinely the better first account

Bitget's advantage for a newcomer is breadth and early access. It carries 900+ pairs against Bybit's 500+, and new tokens frequently list on Bitget before they appear on the largest exchanges. It also runs copy trading with built-in fund protection on copied positions, which is a real difference if you plan to follow another trader rather than choose your own entries. Regular reward and airdrop programs add a further draw. If small-cap tokens interest you, Bitget gives you more markets to browse.

Where Bybit wins

Bybit's case rests on execution and risk tooling rather than variety. Its fee schedule is the most competitive among the major exchanges for derivatives, order books are deep enough to keep slippage low on size, and there has been no major loss of user funds since it launched. It publishes proof of reserves and offers a demo account. That matters more than any fee table while you are learning: you can place live-looking orders with simulated money and watch how a leveraged position behaves before you risk a cent. Copy trading exists on Bybit too, but it reads as a secondary feature rather than the centrepiece.

What goes wrong on both

Neither platform is somewhere to learn by trial and error with real money.

  • High leverage can liquidate an account in minutes, on either exchange
  • Funding rates on perpetual contracts quietly drain a position that is going nowhere
  • Copy trading does not guarantee profit, and a trader who was up last year may be down next year
  • New tokens on Bitget are extremely volatile, and thin small-cap pairs slip badly on market orders
  • Bybit requires identity verification before trading, and both exchanges expect two-factor authentication

Check your local regulatory status before depositing serious money, too. Rules on which products are available change by country, and can change while your funds sit there.

How to open the account and lock in the discount

Open the Bybit referral link, sign up with an email address, and confirm the code BYBIT313 has filled in before you submit the form. Complete KYC level 1, enable two-factor authentication, then deposit USDT and start with a small position. Accounts registered through the code receive a 20% fee discount, and Bybit advertises up to $30,000 in staged rewards tied to deposit and trading volume thresholds. Treat that figure as a ceiling rather than a payment, because stages are released only as you meet each condition. Bitget's equivalent offer is up to $5,500 in staged bonuses, also gated by volume. If you want to test the workflow first, use the demo account before funding anything.

Frequently asked questions

Which exchange is cheaper for a beginner placing small spot orders?

It depends on the product, because the two platforms quote their headline rates against different schedules. Both apply a 20% discount when you register through BYBIT313 or an equivalent partner code, which narrows the gap further. Compare the spot fee page of each exchange for the pairs you actually intend to trade rather than trusting a summary table.

Do I need to complete KYC to trade on Bybit?

Yes. Identity verification is required before you can trade, and it unlocks higher withdrawal limits and leverage brackets as well. Both Bybit and Bitget have moved in the same direction here, so there is no meaningful advantage in picking one to avoid verification. Set up two-factor authentication too, because a verified account is a more attractive target.

Is copy trading a good way to start?

It is a reasonable way to watch how position sizing and exits work in practice, and Bitget's version adds fund protection on copied positions. It is not a shortcut to profit. You inherit the same leverage and drawdown as the trader you copy, with a small delay on every entry and exit. Start with a demo account or a small allocation, and check a trader's full record rather than their last good month.

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