Binance vs Bybit 2026
Binance
9.4WinnerVS
Bybit
8.5Ratings
Binance
Bybit
Overall Rating
9.4/10
8.5/10
Fees Rating
9.8/10
9/10
Security Rating
9.2/10
8.3/10
User Experience
9.3/10
8.8/10
Customer Support
8.5/10
8.2/10
Fees
| Binance | Bybit | |
|---|---|---|
| Maker Fee | 0.1% | 0.1% |
| Taker Fee | 0.1% | 0.1% |
Security & Trust
| Binance | Bybit | |
|---|---|---|
| 2FA Authentication | ||
| Never Hacked | ||
| Insurance Fund | ||
| Cold Storage | 95% | 90% |
Features
| Binance | Bybit | |
|---|---|---|
| Cryptocurrencies | 490+ | 500+ |
| Trading Pairs | 1889+ | 800+ |
| Mobile App | 4.5/5 | 4.6/5 |
| Founded | 2017 | 2018 |
| Headquarters | Cayman Islands | Dubai, UAE |
Binance
Pros
- Spot fees start at 0.1% maker/taker, dropping to 0.075% with the BNB discount
- 490+ coins and 1,889 trading pairs make it the widest selection of any exchange
- Deepest liquidity in crypto with $34 trillion in 2026 volume and roughly 40% market share
- Full product suite: spot, margin (up to 10x), futures (up to 125x), options, and copy trading
Cons
- Completely blocked for US residents; Binance.US is a stripped-down separate entity with 150 coins and no futures
- The Pro trading interface is genuinely overwhelming for anyone who has never used an exchange before
- Customer support scores 1.6 out of 5 on Trustpilot; complex issues can take 18+ hours to resolve
Bybit
Pros
- #2 derivatives exchange globally with deep order book liquidity
- Low perpetual fees (0.02% maker / 0.055% taker) with VIP maker rebates
- Up to 200x leverage on BTC/ETH with tiered position sizing
- Best-in-class copy trading with full Master Trader transparency
Cons
- Completely unavailable to US, UK, and Canadian residents
- Regulatory standing is limited to Dubai VARA, no G7 regulator license
- Spot trading still feels secondary to derivatives in depth and features
Frequently Asked Questions
Is Binance better than Bybit?
Based on our testing, Binance edges ahead overall. Binance scores 9.4/10 versus Bybit's 8.5/10. The gap comes down to fees, features, and ease of use - check the full comparison above for the details that matter most to you.
Which has lower fees, Binance or Bybit?
Based on our testing, Binance offers lower trading fees. Binance charges 0.1%/0.1% maker/taker fees while Bybit charges 0.1%/0.1%. Binance scores 9.8/10 in our fee analysis.
Is Binance safer than Bybit?
Binance has a stronger security track record based on our analysis. Binance scores 9.2/10 for security versus Bybit's 8.3/10. Both exchanges use standard protections like 2FA, but review the security section above for the full breakdown.
Which exchange has more cryptocurrencies, Binance or Bybit?
Bybit supports more cryptocurrencies. Binance lists 490+ coins while Bybit offers 500+. If you're looking for a wide range of altcoins, Bybit has the edge here.
Should beginners choose Binance or Bybit?
Binance is the better pick for beginners based on user experience scores. Binance scores 9.3/10 for UX versus Bybit's 8.8/10. A cleaner interface and simpler onboarding can make a real difference when you're just starting out.
Can I use both Binance and Bybit in the US?
Binance is headquartered in Cayman Islands and US availability depends on state regulations. Bybit is headquartered in Dubai, UAE and US availability depends on state regulations. US regulations vary by state, so always verify current availability in your state directly with the exchange before creating an account. Some exchanges restrict certain features for US customers even when accessible.
