Bybit vs Binance

Bybit logo

Bybit

4.5(4,521)
Crypto Exchanges
Binance logo

Binance

4.7(12,453)
Crypto Exchanges
FeatureBybitBinance
Overall Rating4.54.7
Reviews4,52112,453
PriceFree to startFree to start
Verified
CommissionUp to 50% commission20-40% trading fees
beginner friendly
supports staking
has mobile app
kyc required
fiat support
margin trading-
taker fee0.10.1
maker fee0.10.1
dex available-

Bybit

Pros
  • Generous affiliate program
  • Derivatives specialist
  • Copy trading features
  • Trading competitions
Cons
  • Not available in US
  • Complex fee structure
  • Customer support can be slow

Binance

Pros
  • Largest selection of cryptocurrencies
  • Low trading fees
  • Advanced trading features
  • Binance Earn for passive income
Cons
  • Regulatory concerns in some countries
  • Can be overwhelming for beginners
  • Customer support response times