Binance vs Bybit
Comparing Binance and Bybit: fees, security, features, and ratings based on expert and user reviews.
Rating by Category
| Category | Binance | Bybit |
|---|---|---|
| Fees | 9/10 | 8.5/10 |
| Security | 8.5/10 | 8/10 |
| Ease of Use | 8/10 | 8.5/10 |
| Customer Support | 7.5/10 | 8/10 |
| Features | 9.5/10 | 8.5/10 |
| Coin Selection | 9.5/10 | 7.5/10 |
| Liquidity | 9.8/10 | 8.5/10 |
| Mobile App | 8.5/10 | 8.5/10 |
Binance
Pros
- Lowest trading fees in its class
- Highest liquidity and trading volume
- Hundreds of coins and trading pairs
Cons
- Not fully available in some countries (e.g. the US)
- Interface isn't very beginner-friendly
Bybit
Pros
- Fast matching engine, great for active traders
- Cleaner UI/UX than competitors
Cons
- Fewer coin options than Binance