Binance vs Bybit
Detailed comparison of Binance and Bybit - fees, features, security, and more to help you choose the right exchange.
Overview Comparison
| Metric | Binance | Bybit |
|---|---|---|
| Rating | 4.8/5 | 4.4/5 |
| Trust Score | 10/10 | 9/10 |
| Maker Fee | 0.1% | 0.1% |
| Taker Fee | 0.1% | 0.1% |
| Supported Coins | 350+ | 300+ |
| Founded | 2017 | 2018 |
| Headquarters | Cayman Islands | Dubai, UAE |
| Exchange Type | centralized | centralized |
Features
| Feature | Binance | Bybit |
|---|---|---|
| Spot Trading | ||
| Futures Trading | ||
| Margin Trading | ||
| Staking | ||
| NFT Marketplace | ||
| Debit Card | ||
| P2P Trading |
Security
| Security Feature | Binance | Bybit |
|---|---|---|
| Two-Factor Auth | ||
| Cold Storage | ||
| Insurance Fund | ||
| Regulated In | France, Italy, Spain +5 | Dubai, Cyprus, Kazakhstan |
B
Binance Pros & Cons
Pros
- Lowest trading fees in the industry (0.1%)
- Largest selection of cryptocurrencies (350+)
- Advanced trading features and tools
- High liquidity for all major pairs
Cons
- Complex interface may overwhelm beginners
- Not available in the US (use Binance.US)
- Customer support can be slow during high volume
B
Bybit Pros & Cons
Pros
- Excellent for derivatives trading
- Low fees (0.1% spot)
- Up to 100x leverage on futures
- Copy trading feature
Cons
- Not available in US
- Newer exchange (less track record)
- Can be complex for beginners
Our Verdict
Binance edges out Bybit with a higher overall rating (4.8 vs 4.4). Plus, it supports more cryptocurrencies (350+ vs 300+).
Quick Summary
Lower Fees Tie
More Coins Binance
Higher Rating Binance
Trust Score Binance