WhichBrokerHead to head · data verified August 2026
Binance vs Bybit
Binance wins our overall scoring by 0.3 points, but Bybit still takes specific profiles.
Pillar scores
Side by side
| Criterion | Binance | Bybit |
|---|---|---|
| Overall score | 8.5 | 8.2 |
| Founded | 2017 | 2018 |
| Regulation | Registered/licensed in 20+ jurisdictions (varies by region) | VARA (Dubai), licensing varies by region |
| Min. deposit | $1 equivalent | $1 equivalent |
| Fees | Spot from 0.1% (0.075% with BNB); futures from 0.02%/0.05% maker/taker | Spot 0.1%; perpetuals 0.02%/0.055% maker/taker; volume discounts |
| Platforms | Binance web & app, Binance API | Bybit web & app, Bybit API, TradingView integration |
| Markets | 350+ cryptocurrencies, 1,300+ trading pairs, futures, options, earn products | 1,100+ spot pairs, perpetuals, options, copy trading, earn |
| Demo account | No | Yes |
| Best for | Altcoin traders, Low fees, Advanced crypto features | Crypto derivatives traders, Copy trading in crypto |
Our verdict
Choose Binance if you want altcoin traders · low fees · advanced crypto features — its standout pillar in our scoring is market range.
Choose Bybit if you want crypto derivatives traders · copy trading in crypto.
Frequently asked questions
Which is better, Binance or Bybit?
Binance scores higher overall in our methodology (8.5 vs 8.2). Bybit can still be the better pick for crypto derivatives traders.
Is Binance safe?
Binance is overseen by Registered/licensed in 20+ jurisdictions (varies by region). Our trust score for it is 7.4/10 — see the full Binance review for the reasoning.
Is Bybit safe?
Bybit is overseen by VARA (Dubai), licensing varies by region. Our trust score for it is 7.2/10 — see the full Bybit review for the reasoning.