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Bybit vs Binance (2026): Which Is Better?

Licences, fees, leverage, minimum deposit and features compared side by side. Our pick: Bybit (9.5/10).

Bybit Binance
Our score9.5/109.3/10
Founded20182017
Minimum depositNo minimum (crypto)No minimum (crypto)
Max leverageUp to 100x on perpetual futuresUp to 125x on futures
FeesSpot 0.10% / 0.10% · Futures 0.02% maker / 0.055% takerSpot 0.10% / 0.10% (25% off with BNB) · Futures 0.02% maker / 0.05% taker
Coins1,800+ assets500+ coins, 1,500+ pairs
Copy tradingYesYes
LicencesVARA, MiCA (Austria), AFSA, NBG, FIU-INDVARA, ADGM, AMF, OAM, Bank of Spain, Poland, FI, CBB, AFSA, FIU-IND
Available in~227 countries~230 countries
Best forAll-round traders, derivatives, copy trading and botsBeginners and all-round traders who want maximum liquidity
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Why choose Bybit

  • Licensed in Dubai (VARA) and MiCA-authorised in the EU
  • 1,800+ assets with deep futures liquidity
  • Copy trading, trading bots and Earn
  • Bybit Card and built-in Web3 wallet

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Why choose Binance

  • Deepest liquidity and largest trading volume
  • Spot, futures, options, Earn and P2P in one app
  • Licences in Dubai, Abu Dhabi, Bahrain, Kazakhstan and the EU
  • Low fees with BNB discount

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Verdict

Bybit, founded in 2018 and headquartered in Dubai, is one of the world's largest crypto exchanges. It holds a VARA licence in Dubai, MiCA authorisation for the EU, and licences in Kazakhstan and Georgia, and offers 1,800+ assets, deep perpetual-futures liquidity, copy trading, bots and a built-in Web3 wallet.

Binance is the world's largest crypto exchange by trading volume, offering spot, futures, options, P2P trading, Earn products and a Web3 wallet in one app. It holds licences and registrations in more jurisdictions than almost any rival.

Bybit edges ahead in our rating, but many traders open both accounts and use each for what it does best.

Frequently asked questions

Which is better, Bybit or Binance?
Both are excellent. Bybit scores slightly higher in our rating. Choose Bybit for: all-round traders, derivatives, copy trading and bots. Choose Binance for: beginners and all-round traders who want maximum liquidity.
Which has the lower minimum deposit, Bybit or Binance?
Bybit: No minimum (crypto). Binance: No minimum (crypto).
How are Bybit and Binance regulated?
Bybit: Licensed by VARA in Dubai and the SCA in the UAE, MiCA-authorised in the EU through Bybit EU (Austria), licensed by the AFSA in Kazakhstan and the National Bank of Georgia, and registered with FIU-IND in India. Binance: Licensed or registered in many markets, including Dubai (VARA), Abu Dhabi (FSRA), France (AMF), Italy, Spain, Poland, Sweden, Bahrain (CBB), Kazakhstan (AFSA) and India (FIU-IND).