This article may contain references to products or services from one or more of our advertisers or partners. We may receive compensation when you click on links to those products or services. Nonetheless, our opinions are our own.
The information presented in this article is accurate to the best of our knowledge at the time of publication. However, information is subject to change, and no guarantees are made about the continued accuracy or completeness of this content after its publication date.
Comparison of Crypto Exchanges in 2025
- Binance and Bybit are two of the most popular cryptocurrency exchanges in 2025, each offering robust trading tools and features.
- Both platforms charge 0.10% for spot trading but differ in futures, derivatives, and withdrawal fees.
- Security is top-notch on both platforms, using cold storage, 2FA, and advanced protection. Binance additionally offers a $1B SAFU insurance fund.
- Bybit supports over 1,200 cryptocurrencies, while Binance lists about 400, offering a more curated experience.
- Binance offers staking, NFTs, and a Launchpad, while Bybit focuses on copy trading and leveraged derivatives.
- Regulatory access varies: Binance is partially available in the U.S. via Binance.US, while Bybit restricts U.S. users.
Introduction
Choosing the right cryptocurrency exchange is a key decision for any trader in 2025. Binance and Bybit both rank among the top global platforms, offering secure access to spot trading, futures, copy trading, and advanced trading tools. Whether you prioritize low fees, asset selection, or powerful charting tools, this guide compares Binance vs. Bybit across all essential categories—helping you choose the exchange that best fits your trading goals.
Binance vs Bybit
| Feature | Binance | Bybit |
|---|---|---|
| Cryptocurrencies Offered | ~400+ | ~1,200+ |
| Spot Trading Fees | 0.10% (discounts via BNB) | 0.10% (tier-based rebates) |
| Futures Taker Fee | 0.05% | 0.055% |
| Leverage | Up to 125x | Up to 100x |
| U.S. Access | Yes (via Binance.US) | ❌ Not available in the U.S. |
| Copy Trading | Basic options | Full copy trading with leaderboard |
| NFT Marketplace | Yes | No |
| Staking & Passive Income | Yes (Binance Earn, Launchpad) | Yes (Bybit Earn, liquidity mining) |
| Security | SAFU Fund, cold storage, 2FA | Cold storage, 2FA, ISO security |
| Mobile App | Pro and Lite modes | Clean UI focused on trading |
Core Similarities
- 24/7 Live Customer Support: Both exchanges offer multilingual support, live chat, and active help centers.
- Robust Security: Cold wallet storage, two-factor authentication, withdrawal whitelist, and anti-phishing protection.
- High Liquidity: High trading volumes ensure fast execution and low slippage on most trading pairs.
- User Tools: Trading bots, advanced charting, and automation features are available on both platforms.
These similarities make both exchanges reliable for beginner and advanced traders alike.
Key Differences in 2025
Cryptocurrency Variety
Bybit supports over 1,200 cryptocurrencies, including lesser-known altcoins and DeFi tokens.
Binance lists around 400+ vetted cryptocurrencies, emphasizing security and compliance.
Leverage and Derivatives
Binance offers up to 125x leverage on select futures contracts.
Bybit offers up to 100x leverage and is known for its user-friendly copy trading platform.
Earning Tools
Binance features Binance Earn, staking, Launchpad token sales, and NFT staking.
Bybit offers Bybit Earn, liquidity mining, and flexible earning plans for passive income.
Regulation and Availability
Binance is regulated in countries like France, Australia, and Canada. U.S. users can use Binance. US with limitations.
Bybit is headquartered in Dubai and holds licenses from Dubai VARA and CySEC but is not available in the U.S. due to compliance restrictions.
Voted "Best Overall Budgeting App" by Forbes and WSJ
Monarch Money helps you budget, track spending, set goals, and plan your financial future—all in one app.
Get 50% OFF your first year with code MONARCHVIP
Binance Overview
Background
Founded in 2017 by Changpeng Zhao, Binance grew into the largest exchange by daily trading volume. Despite facing legal challenges, it has retained its global dominance through innovation, security, and regulatory expansion.
Features
- Spot and Futures Trading: Over 400 pairs with leverage up to 125x.
- Binance Earn & Staking: APYs on locked and flexible savings products.
- Launchpad: Access to early-stage crypto projects and token sales.
- NFT Marketplace: Buy, sell, and mint NFTs with crypto.
- SAFU Fund: A $1 billion emergency insurance fund protecting user assets.
Bybit Overview
Background
Launched in 2018, Bybit built its reputation on leveraged derivatives and professional trading tools. The platform now serves over 60 million users and is regulated in Dubai and Cyprus.
Features
- Copy Trading: Follow top traders and mirror their portfolios.
- Spot, Futures, and Options Trading: Advanced markets with up to 100x leverage.
- Bybit Earn: Offers flexible and fixed-income crypto products.
- Trading Bots: Includes grid bots and DCA strategies for automated gains.
- Clean Interface: Highly rated for ease of use and mobile app design.
Fees Comparison
Both platforms offer competitive fees, but small differences exist in futures and withdrawal costs.
| Fee Type | Binance | Bybit |
|---|---|---|
| Deposit Fees | $0 | $0 |
| Spot Trading Fee | 0.10% (reduced with BNB) | 0.10% (rebates via volume) |
| Futures Taker Fee | 0.05% | 0.055% |
| BTC Withdrawal | 0.0001 BTC | 0.0005 BTC |
Security and Compliance
Binance
- SAFU Fund: Emergency fund to reimburse users after hacks.
- 2FA and Cold Storage: Core protection for all accounts.
- Regulated: Licensed in several jurisdictions across the EU and Asia-Pacific.
Bybit
- Cold Wallet Storage: Over 95% of user assets are held offline.
- ISO 27001 Certification: Verified security management system.
- Regulation: Licensed under Dubai VARA and the Cyprus Securities Authority.
Both platforms follow best practices in crypto security and compliance.
User Experience and Interface
Binance
- Interface Modes: Beginner-friendly “Lite” mode and advanced “Pro” mode.
- Custom Tools: TradingView integration, margin calculators, and staking dashboards.
- Mobile App: Highly rated for speed, depth, and customizability.
Bybit
- Clean Layout: Optimized for traders, with fewer distractions.
- Copy Trading Tab: Easy access to top traders, rankings, and stats.
- Responsive App: Great for mobile-first users seeking minimalism and speed.
Wrapping Up Binance and Bybit in 2025
Choosing between Binance and Bybit depends on your needs:
Choose Binance if you want a full ecosystem (NFTs, staking, Launchpad), lower withdrawal fees, and broad regulatory access.
Choose Bybit if you’re focused on derivatives and copy trading and want access to over 1,200 crypto assets with advanced trading bots.
Frequently Asked Questions
Which is safer for beginners, Binance or Bybit?
Both platforms are highly secure. Binance offers added protection through its SAFU fund, while Bybit’s ISO-certified platform and cold storage system are top-tier. For complete beginners, Binance’s Lite mode may offer a gentler learning curve.
How do trading fees compare?
Spot fees are the same at 0.10%, but Binance has lower taker fees on futures (0.05% vs. Bybit’s 0.055%) and lower withdrawal fees.
Can U.S. residents use Binance or Bybit in 2025?
Binance. US is available with limited features. Bybit is not available in the U.S. due to regulatory restrictions. Users are advised not to bypass these limits.
What kind of support is available?
Both platforms offer 24/7 live chat, help centers, email support, and active online communities. Binance also features multilingual support and more extensive onboarding for new users.
Reviewed and edited by Albert Fang.
See a typo or want to suggest an edit/revision to the content? Use the contact us form to provide feedback.
At FangWallet, we value editorial integrity and open collaboration in curating quality content for readers to enjoy. Much appreciated for the assist.
Did you like our article and find it insightful? We encourage sharing the article link with family and friends to benefit as well - better yet, sharing on social media. Thank you for the support! 🍉
Article Title: Binance vs. Bybit 2025 Comparison: Fees, Security, and Tools
https://fangwallet.com/2025/07/25/binance-vs-bybit-2025-comparison-fees-security-and-tools/The FangWallet Promise
FangWallet is an editorially independent resource - founded on breaking down challenging financial concepts for anyone to understand since 2014. While we adhere to editorial integrity, note that this post may contain references to products from our partners.
The FangWallet promise is always to have your best interest in mind and be transparent and honest about the financial picture.
Become an Insider
Subscribe to get a free daily budget planner printable to help get your money on track!
Make passive money the right way. No spam.
Editorial Disclaimer: The editorial content on this page is not provided by any of the companies mentioned. The opinions expressed here are the author's alone.
The content of this website is for informational purposes only and does not represent investment advice, or an offer or solicitation to buy or sell any security, investment, or product. Investors are encouraged to do their own due diligence, and, if necessary, consult professional advising before making any investment decisions. Investing involves a high degree of risk, and financial losses may occur including the potential loss of principal.
Source Citation References:
+ Inspo
There are no additional citations or references to note for this article at this time.
