Margex usually has lower fees than Bybit. On Margex, maker fees are like 0.019% and taker fees around 0.06%. Bybit’s fees are a bit higher unless you’re a VIP or do tons of trading — then you can get discounts. Also, Margex doesn’t ask for KYC, which is cool if you want to stay low-key. Bybit does rRead more
Margex usually has lower fees than Bybit. On Margex, maker fees are like 0.019% and taker fees around 0.06%. Bybit’s fees are a bit higher unless you’re a VIP or do tons of trading — then you can get discounts.
Also, Margex doesn’t ask for KYC, which is cool if you want to stay low-key. Bybit does require KYC but has more features and promos if you’re into that.
So if you just want low fees and no fuss, Margex is the cheaper option. But if you want more tools and don’t mind a bit more paperwork, Bybit’s solid too.
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No, Bybit does not allow U.S. customers to use its platform. The United States is among the jurisdictions explicitly restricted by Bybit due to regulatory compliance concerns. Attempting to access Bybit from the U.S., even through methods like VPNs, can lead to account suspension or loss of funds. SRead more
No, Bybit does not allow U.S. customers to use its platform. The United States is among the jurisdictions explicitly restricted by Bybit due to regulatory compliance concerns. Attempting to access Bybit from the U.S., even through methods like VPNs, can lead to account suspension or loss of funds.
Similarly, BitMEX also restricts U.S. users from accessing its services. Both exchanges implement geo-blocking and require Know Your Customer (KYC) verification that excludes U.S. residents .
For U.S. residents interested in cryptocurrency trading, it’s advisable to use exchanges that are compliant with U.S. regulations, such as Kraken, Coinbase, or Gemini.
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