Binance vs Bybit
Both charge the same base spot taker fee. Neither accepts US residents.
| Binance | Bybit | |
|---|---|---|
| Founded | 2017 | 2018 |
| Headquarters | Cayman Islands | Dubai, UAE |
| Spot maker fee | 0.1% | 0.1% |
| Spot taker fee | 0.1% | 0.1% |
| Futures maker fee | 0.02% | 0.02% |
| Futures taker fee | 0.05% | 0.055% |
| KYC | Required | Required |
| Accepts US residents | No | No |
| Fiat methods | Bank transfer, Card, P2P | Card, P2P, Bank transfer (select regions) |
Base-tier fees, checked 2026-09-14.
Binance is stronger on
- Deepest liquidity of any venue
- Largest coin selection
- Lowest futures fees at base tier
Its weaknesses
- Unavailable in several major markets
- Regulatory settlements in multiple jurisdictions
- Support is hard to reach at the free tier
Bybit is stronger on
- Derivatives interface widely preferred by active traders
- Deep perpetual liquidity
- Fast withdrawals
Its weaknesses
- No US access
- Spot liquidity thinner than Binance outside majors
Which one
Fee differences at this scale matter far less than most comparisons imply. On a $1,000 trade the gap between 0.1% and 0.1% is $0 — smaller than the spread you will pay on anything outside the top twenty coins. What actually decides it is whether the exchange serves your country, whether it supports the deposit method you can use, and whether the pairs you want have real liquidity there.
Check the numbers for your own trade size in the fee calculator, and confirm availability in the country matrix before opening an account.