Both Bybit and MEXC are popular crypto exchanges available in Yemen. But which one is right for you? We compare them on the factors that matter most to Yemeni users.
Bybit was founded in 2018 and has grown to become one of the top 5 exchanges globally. MEXC was founded in 2018 as well and is known for listing new tokens early. Both support USDT deposits and withdrawals.
Bybit charges 0.1% trading fees for spot trading. MEXC charges 0% maker and 0.1% taker fees. For USDT deposits, both exchanges support TRC20 with minimal fees. Withdrawals on Bybit cost 1 USDT on TRC20; MEXC charges 1 USDT as well.
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Start Transfer →Both exchanges support USDT on TRC20 (Tron), ERC20 (Ethereum), and BEP20 (BNB Chain). For Yemeni users, TRC20 is recommended due to lower fees. Both process deposits quickly — usually within 20-30 minutes.
For most users in Yemen, Bybit is the better choice due to its higher liquidity, better mobile app, and stronger customer support. MEXC is better if you want access to newer altcoins or lower spot trading fees. PayNow supports both platforms equally.
PayNow team specializing in USDT transfers for the Yemeni and Saudi markets.
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