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Binance vs Bybit

The World's Largest Crypto Exchange with the Most Comprehensive EcosystemTop Derivatives Exchange with Low Futures Fees and Copy Trading

Updated: May 2026

Binance and Bybit are among the most popular crypto exchanges for active traders. Binance positions itself as "The World's Largest Crypto Exchange with the Most Comprehensive Ecosystem", while Bybit competes with "Top Derivatives Exchange with Low Futures Fees and Copy Trading". Where do the key differences lie — and which platform is the better fit for your needs?

Both Binance and Bybit charge the same 0.10% spot taker fee. The difference shows in other areas: Binance offers 10% fee rebate via CryptoExchangePicks.com + 25% discount with BNB, while Bybit provides 20% discount when paying with BIT Token.

On the security front, Binance offers Licensed in 20+ countries/incl. France/Italy/Dubai with an insurance fund of $1B USD. Bybit provides Regulated in Dubai (VARA)/Kazakhstan and backs it with $400M USD. Both platforms feature industry-standard security measures including 2FA, cold storage, and regular audits.

Binance stands out with Binance Launchpad, Binance Earn, Binance Pay, while Bybit differentiates itself through Launchpad, NFT Marketplace, Dual Asset Mining. In terms of coin selection, Binance leads with 1500+ trading pairs compared to Bybit's 700+.

Binance
4.7
Bybit
4.5
⚡ Quick Verdict

Binance wins the head-to-head comparison in 4 out of 11 categories (1x Bybit, 6x tie).

Which Exchange Is Better for You?

🎓Beginners
🏆 Bybit

Bybit offers the easier onboarding experience, a polished mobile app and 24/7 Live Chat/Email/Ticket.

💰Lowest Fees
⚖️ Tie

Identical spot fees of 0.10%. Compare futures fees and available discounts for the full picture.

🔒Maximum Security
🏆 Binance

Binance with Licensed in 20+ countries/incl. France/Italy/Dubai and $1B USD insurance fund.

🪙Altcoin Selection
🏆 Binance

Binance lists 1500+ trading pairs — 800+ more than Bybit.

👥Copy Trading
⚖️ Tie

Both offer copy trading — Bybit with a score of 8/10 has the stronger platform.

Comparison Table

CriteriaBinanceBybit🏆
Spot Maker Fee0.10%0.10%
Spot Taker Fee0.10%0.10%
Futures Maker Fee0.02%0.02%
Futures Taker Fee0.05%0.06%Binance
Max Leverage125x100xBinance
Trading Pairs1500+700+Binance
Copy TradingYes (Score 8)Yes (Score 8)
Grid BotsNoNo
Insurance Fund$1B USD$400M USDBybit
KYCYesYes (for fiat)
Rating4.7/54.5/5Binance

Bonus via CryptoExchangePicks

Binance via CryptoExchangePicks

10% Fee-Back + 600 USDT

10% fee rebate + up to 600 USDT welcome bonus

⭐ Exclusive on CryptoExchangePicks.comView details →

Bybit via CryptoExchangePicks

$30,000 Bonus

Up to $30,000 deposit bonus + 30% fee rebate

View details →

Fees in Detail

Binance

Spot Maker0.1%
Spot Taker0.1%
Futures Maker0.02%
Futures Taker0.05% 🏆
Discount10% fee rebate via CryptoExchangePicks.com + 25% discount with BNB

Bybit

Spot Maker0.1%
Spot Taker0.1%
Futures Maker0.02%
Futures Taker0.055%
Discount20% discount when paying with BIT Token
Binance or Bybit — which exchange is better?
Binance wins the comparison in 4 out of 11 categories. Bybit takes 1 categories, with 6 ties. Binance excels with 10% fee rebate exclusively via cryptoexchangepicks.com, while Bybit counters with very low futures maker fee (0.02%). The best choice depends on your individual priorities — both are reputable trading platforms.
Do Binance and Bybit have the same fees?
Yes, both charge 0.10% spot taker fee (maker: 0.10%). Futures fees differ: Binance 0.05% vs. Bybit 0.06% taker fee. The difference is in fee discounts: Binance offers 10% fee rebate via CryptoExchangePicks.com + 25% discount with BNB, Bybit offers 20% discount when paying with BIT Token.
Which exchange is safer — Binance or Bybit?
Binance offers Licensed in 20+ countries/incl. France/Italy/Dubai with an insurance fund of $1B USD. Bybit provides Regulated in Dubai (VARA)/Kazakhstan backed by $400M USD. Both feature 2FA, Anti-Phishing and cold storage for customer funds. Check our detailed exchange reviews for a full security breakdown.
Binance or Bybit — which has more cryptocurrencies?
Binance lists 1500+ trading pairs, while Bybit offers 700+. If you want to trade a wide range of altcoins or get early access to new projects, Binance is the better choice. Bybit focuses on a curated selection, which can be less overwhelming for beginners.
Binance or Bybit — which has better copy trading?
Both offer copy trading, but Binance scores higher (8/10 vs. 8/10). When choosing, look at the number of available lead traders, their verified performance stats, and the cost model (profit-sharing).
Which exchange is easier to use — Binance or Bybit?
Bybit scores higher for beginners (5/10) thanks to an intuitive mobile app, easy deposit methods and 24/7 Live Chat/Email/Ticket. Binance (score: 4/10) is also usable but has a steeper learning curve. For absolute beginners, try our Exchange Finder quiz.
Which exchange has the better welcome bonus — Binance or Bybit?
Binance: 10% Fee-Back + 600 USDT (exclusive via CryptoExchangePicks). Bybit: $30,000 Bonus. Check the conditions: some bonuses require minimum trading volume or deposits. Our affiliate links give you the best available terms.