Comparison
Binance vs Bybit
A side-by-side comparison of Binance and Bybit across fees, security, derivatives, supported coins and regional availability. The two are closely matched on the factors we measure, so the right pick depends on how you trade.
| Factor | Binance | Bybit | Winner |
|---|---|---|---|
| Spot taker fee | 0.100% | 0.100% | Tie |
| Spot maker fee | 0.100% | 0.100% | Tie |
| Futures taker fee | 0.050% | 0.055% | Binance |
| Supported coins | 380+ | 600+ | Bybit |
| KYC | Required | Tiered | — |
| Headquarters | Cayman Islands | Dubai, UAE | — |
| Founded | 2017 | 2018 | — |
| Liquidity rating | 4.9 | 4.5 | Binance |
| Security rating | 4.2 | 4.3 | Bybit |
Fees: Binance vs Bybit
Binance charges 0.100% spot taker and 0.050% perpetual taker, while Bybit charges 0.100% spot taker and 0.055% perpetual taker. The two are evenly matched here.
Security & trust
Binance scores 4.2/5 on security and is licensed under MiCA EU. Bybit scores 4.3/5 and is licensed under VARA Dubai. Bybit has the stronger security profile.
Derivatives & futures
Binance supports futures, options, margin; Bybit supports futures, options, margin. Perpetual taker fees run 0.050% on Binance vs 0.055% on Bybit. Binance is the lower-cost venue overall.
Which is better for beginners
Ease of use matters as much as cost for newcomers. Binance rates 4.3/5 for user experience and Bybit rates 4.4/5. Bybit is the friendlier choice for beginners.
Regional availability
Binance is available across GLOBAL, EU, HK and restricts US. Bybit is available across GLOBAL, HK, SG, VN and restricts US, UK. Always confirm access from your country before signing up.
Verdict
Binance and Bybit are closely matched on the factors we measure — choose based on regional availability and the products you trade most.
For active traders, fees compound fast: the gap on perpetual taker fees alone (0.050% vs 0.055%) can move thousands of dollars a year on a meaningful position.
Frequently asked questions
Is Binance better than Bybit?
Binance and Bybit are closely matched — the better choice depends on the products you trade and your region.
Which has lower fees, Binance or Bybit?
Both charge 0.100% on spot taker fees at the entry tier.
Is Binance safer than Bybit?
Bybit scores higher on our security rating (4.3/5 vs 4.2/5).
Which is better for beginners, Binance or Bybit?
Bybit rates higher for ease of use (4.4/5 vs 4.3/5).
Which supports more coins, Binance or Bybit?
Bybit lists more coins (600+ vs 380+).
Can I use Binance and Bybit in my country?
Availability varies. Binance is available across GLOBAL, EU, HK and restricts US; Bybit is available across GLOBAL, HK, SG, VN and restricts US, UK. Check your local regulations before registering.