Bybit vs Binance
✓ You own the coin — withdrawable on-chain
Compare
| Bybit | Binance | |
|---|---|---|
| Fees | 0.1% | 0.1% |
| Regulation | — | VARA |
| Max leverage | 10× | 20× |
| Assets listed | 600 | 350 |
| Incidents on record | 1 | 1 |
Fees
| Spot taker fee | 0.1% | Source · Verified 2026-08-25 |
|---|---|---|
| Card purchase | — | Source · Verified 2026-08-25 |
| Spot taker fee | 0.1% | Source · Verified 2026-08-25 |
|---|---|---|
| Card purchase | 1.8% | Source · Verified 2026-08-25 |
Regulation
No regulator on record for Bybit.
| Regulation | Scope | Source |
|---|---|---|
| VARA (AE) · VL/24/04/001 Binance FZE | Virtual-asset licence — real authorisation, but no compensation scheme | Source · 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
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
We earn a commission on some links. It never changes the ranking — our method is published and the data is sourced.
Crypto is volatile and largely unregulated. CFDs are leveraged and most retail accounts lose money. Never risk money you cannot afford to lose.
Information only. This is not investment advice.