FAQ – Paying Trading Fees with MNT

What is MNT, and what can I do with it?

MNT (Mantle) is the native token of the Mantle ecosystem and can be used on Bybit in several ways. You can trade or hold MNT for potential value growth, use it to accelerate your VIP status, and pay trading fees — often at a discounted rate. For more details, please refer to Introduction to the MNT Program.

 

 

 

Who is eligible to pay trading fees with MNT?

Paying fees with MNT is available to both non-VIP and VIP users. It is not supported for Market Markers, institutional users, Pro users, or API users.

 

 

 

When can I use MNT to pay trading fees?

You can use MNT to pay trading fees for all trading pairs in Spot Trading, Spot Margin Trading, USDT Perpetual & Expiry contracts, and USDC Perpetual contracts. This also applies to Pre-Market Trading. Inverse contracts are not supported.

 

Notes:

— This is not available for Trading Bots, Copy Trading (Follower), RFQ, API orders or liquidation orders. 

— Currently, only position opening and closing fees can be paid with MNT. Other types of fees are not supported.

— For closed and realized P&L, any portion of fees paid in MNT will be converted back and recorded as USDT or USDC, depending on the contract type.

 

 

 

Are there any benefits to paying trading fees with MNT?

Yes. Users who pay trading fees with MNT can enjoy the following discounts:

— 25% discount on Spot trading fees

— 10% discount on Futures trading fees

 

These discounts are applied on top of your existing VIP fee rate. See the table below for details.

 

 

 

 

How can I pay trading fees with MNT?

On the website, go to the trading page, find Fee Rate, and turn on the Using MNT for fee discount option.

 

 

 

If you're using the app, follow the steps below to enable Using MNT for fee discount option.

 

 

Note: Only MNT in your Unified Trading Account (UTA) can be used to pay trading fees.

 

 

 

Is the "Using MNT for fee discount" option shared between Spot and Futures trading?

No. The option is managed separately for Spot and Futures trading. You need to enable it separately for each product — turning it on for Spot won't automatically apply it to Futures, and vice versa.

 

 

 

Is the "Using MNT for fee discount" option shared between the main account and subaccounts?

No. The option is managed separately for the main account and each subaccount. You need to enable it individually for each account — turning it on for the main account will not automatically apply it to any subaccount, and vice versa.

 

 

 

How do I calculate the discounted trading fees in MNT and determine the required MNT amount?

After enabling MNT to pay for fees, you'll receive a 25% discount on Spot trading fees and a 10% discount on Futures trading fees.

 

Formula:

Original fee = Filled order quantity × Fee rate

Discounted fee = Original fee × (1 − discount)

MNT required = Discounted fee (in settlement coin) × Settlement coin index price ÷ MNT index price

 

Example:

Suppose you're a VIP 4 user with a Taker fee rate of 0.0600%, and you buy 10 BTC using a market order with USDT on Bybit Spot.

 

Original fee = 10 BTC × 0.06% = 0.006 BTC

Discounted fee = 0.006 × (1 − 25%) = 0.0045 BTC

Conversion to MNT: 

— BTC index price = 100,000 USD

— MNT index price = 1.2 USD

— MNT required = 0.0045 × 100,000 ÷ 1.2 = 375 MNT

 

For more details on index price, please refer to our Index Price page.

 

 

 

What happens if I don't have enough MNT in my UTA to cover the fees?

If your MNT balance isn't enough to cover the full trading fee at the time of order confirmation, the fee will be deducted in the original settlement currency instead. Partial payments with MNT aren't supported. In this case, the MNT discount won't apply, and standard fees will be charged.

 

 

 

I have enough MNT in my UTA, but why can't I use it to pay fees?

This may be because part of your MNT is locked as trading margin. Only the transferable amount can be used to cover trading fees.

 

 

 

How can I add more MNT to my account?

You can get MNT in four ways:

1. Crypto Deposit: Transfer MNT directly from an external exchange to your UTA. Make sure you use a supported blockchain. Learn more about making a deposit here.

 

2. Convert: Instantly swap other supported currencies for MNT at the market rate in Instant mode, or set your preferred rate in Limit mode. You can choose to credit the converted amount to your UTA. Learn more about converting assets here.

 

3. Spot Trading: Trade MNT against other cryptocurrencies on the Spot market. You can place market or limit orders and may get better pricing than instant conversion. Learn more about Spot trading here.

 

4. One-Click Buy: Buy MNT with fiat using supported payment methods such as P2P Trading, bank card, third-party payment, or your fiat balance. The purchased MNT will be credited to your Funding Account. To use MNT for trading fees, transfer it from your Funding Account to your UTA. Learn more about One-Click Buy here.

 

 

 

Can I switch back to paying fees with the settlement coin?

Yes. You can disable the Using MNT for fee discount option on the trading page at any time to return to paying fees in the default settlement currency.

 

 

 

Can I use the bonus to pay trading fees?

Yes, you can use your bonus to offset trading fees, as long as your transferable amount (excluding any bonus) in the same currency (MNT or USDT/USDC) is equal to or greater than the fee amount. If this condition is met, your bonus will be applied first.

 

For example, if your trading fee is 20 MNT:

 

Scenario 1:

You have 10 MNT transferable and a 10 MNT bonus. Since your transferable amount is less than the fee, you cannot use the bonus. The fee will be charged in the settlement currency, and the MNT fee discount won't apply.

 

Scenario 2:

You have 25 MNT transferable and a 10 MNT bonus. The bonus will cover 10 MNT first, and the remaining 10 MNT will be deducted from your transferable amount. Your new transferable amount becomes 15 MNT.

 

 

 

How can I check the MNT used for trading fees?

If you pay trading fees with MNT, the details can be found in your Trade History and Order History. Keep in mind that Order History may show multiple fee entries for a single order if it was filled through multiple trades.

 

 

 

 

 

 

 

 

 

 

Why does my app show trading fees paid in MNT differently in Trade History?

This may happen if you're using an older app version. Please update your Bybit App to version 5.5.0 or later for accurate display.

 

 

 

How can I view the MNT trading fees in my Transaction Log?

The Transaction Log provides a detailed record of all account activity. If you've used MNT for a fee discount, the Fee Paid field will be shown in MNT, and the displayed fee rate will reflect the actual rate after the discount.

 

 

In Futures trading, you'll see two entries:

— The settlement asset (e.g., USDT)

— MNT used for trading fees 

 

 

In Spot trading, you'll see three entries:

— The base asset (e.g., BTC received) 

— The quote asset (e.g., USDT spent)

— MNT used for trading fees