Binance vs Bybit - HodlCue
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Provider comparison

Binance vs Bybit

Binance vs Bybit: compare maker / taker fee, supported coins, fees, regulation, and custody in one head-to-head table.

Binance

Binance

Binance is a major cryptocurrency exchange offering a wide range of trading options. It is not available to U…

VS
Bybit

Bybit

Bybit is a popular crypto derivatives exchange that offers spot and futures trading. It is not available in t…

Head-to-head comparison

Maker / taker fee

Binance

Spot 0.10%/0.10%, lower with BNB and volume tiers

Bybit

Spot 0.10%/0.10%; derivatives maker 0.02%/taker 0.055%

Supported coins

Binance

350+

Bybit

600+

Fiat on-ramps

Binance

Bank, card, P2P, third-party providers

Bybit

Card, P2P, third-party providers

KYC level

Binance

required

Bybit

required (low-tier for limited use)

US allowed

Binance

Bybit

Proof of Reserves

Binance

y - Merkle-tree PoR published

Bybit

y - Merkle-tree PoR published

Order-book depth

Binance

Deepest global liquidity

Bybit

Very high derivatives liquidity

Instruments

Binance

spot, futures, margin, options, staking, earn

Bybit

spot, perpetuals, futures, options, margin, earn

Pros & cons

Binance

Binance

Pros

  • Wide selection of cryptocurrencies
  • High liquidity and low trading fees
  • Proof of reserves for transparency
  • Advanced trading features and tools

Cons

  • Not available to US users
  • Custodial platform, not non-custodial
  • Past security breaches and regulatory issues
Bybit

Bybit

Pros

  • High leverage up to 100x on derivatives
  • Proof of reserves for transparency
  • Copy trading feature for beginners
  • Low spot trading fees with maker rebates

Cons

  • Not available in the United States
  • Custodial exchange, users don't control private keys
  • High risk due to leverage trading
Binance

Binance

Binance is a major cryptocurrency exchange offering a wide range of trading options. It is not available to US users and does not offer non-custodial services, but it provides proof of reserves for transparency.

Bybit

Bybit

Bybit is a popular crypto derivatives exchange that offers spot and futures trading. It is not available in the US and publishes proof of reserves for transparency.

Risk warning: Cryptocurrency is a volatile, high-risk asset class. Prices can fall as well as rise, and you could lose some or all of the money you put in. Custodial providers carry counterparty risk; self-custody puts key security entirely on you. This page is general information, not financial advice.

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