ECCrypto

Bybit vs Binance

✓ You own the coin — withdrawable on-chain

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Fees & Assets listed
BybitBinance
Fees0.1%0.1%
Max leverage10×20×
Assets listed600350

Fees

Bybit — Fees
Spot taker fee0.1%Source · Verified 2026-10-07
Card purchase—Source · Verified 2026-10-07
Binance — Fees
Spot taker fee0.1%Source · Verified 2026-09-30
Card purchase1.8%Source · Verified 2026-09-30

Regulation

No regulator on record for Bybit.

Binance — Regulation
RegulationScopeSource
VARA (AE) · VL/24/04/001
Binance FZE
Virtual-asset licence — real authorisation, but no compensation schemeSource · Verified 2026-08-25

Incidents on record

  • 2025-02-21 — Roughly USD 1.5bn in ETH stolen in a cold-wallet compromise — the largest exchange hack on record. Bybit covered customer balances and withdrawals stayed open. Source

Incidents on record

  • 2023-11-21 — Pleaded guilty to US anti-money-laundering charges; USD 4.3bn settlement, founder stepped down as CEO. Source
  • 2026-07-01 — Suspended services for users in the European Union after withdrawing its MiCA licence application in Greece on 24 June 2026; withdrawals stayed open. Source

Frequently asked questions

Is Bybit cheaper than Binance?

0.1% against 0.1% on the headline figure. Deposit, withdrawal and spread costs sit on top and can reverse that for small trades.

Is Bybit safe?

Bybit has 1 documented incident(s): Roughly USD 1.5bn in ETH stolen in a cold-wallet compromise — the largest exchange hack on record. Bybit covered customer balances and withdrawals stayed open. Read the source before deciding.

Can I withdraw my coins from Bybit?

Yes. Bybit is an exchange — the asset is yours and moves to a wallet you control.

Which suits a beginner better?

Whichever is licensed where you live and lets you withdraw the asset. Leverage and daily financing are what turn a beginner's position into a loss.

Read the full comparison