Bybit offers a larger headline welcome bonus pool ($30,000 tiered) and zero KYC for derivatives in supported regions, while Binance leads on liquidity, listing breadth and fiat on-ramps.
Available via Bybit EU GmbH — MiCA-licensed by Austria’s FMA (May 2025), covering the EEA except Malta
Not available to new EU users — MiCA application withdrawn 24 June 2026, EU services suspended since 1 July
Spot fee (base tier)
0.10% maker / 0.10% taker
0.10% / 0.10% (0.075% paying fees in BNB)
Futures fee (base tier)
0.020% maker / 0.055% taker
0.020% / 0.050% — marginally cheaper
Coins listed
411 coins / 552 spot pairs (891 futures pairs)
486 coins / 1,368 pairs
US availability
No — excluded in all 50 states
binance.com geoblocked; Binance.US is a separate entity
Global platform, EEA users
Global bybit.com stopped EEA onboarding on 1 July 2025 and ended EEA access on 1 July 2026 — EEA users belong on bybit.eu
No EU-licensed entity exists
Fiat rails
SEPA via Bybit EU with zero fees
SEPA Instant, GBP via FPS, card, P2P — EU rails suspended
Notable feature
Copy trading across three tiers including TradFi instruments via MT5, plus Launchpad
Deepest derivatives market by volume
Table is illustrative. Always verify current terms with each operator before signing up.
Which One Should You Pick?
Pick Bybit if…
you are in the EEA and want a MiCA-licensed venue that is actually open to you, or you want the most developed copy-trading offering.
Pick Binance if…
you are outside the EU, want the deepest derivatives liquidity and widest coin selection, or trade taker-heavy futures where 0.050% beats 0.055%.
For anyone in the EEA this is decided by availability rather than pricing. Bybit runs bybit.eu under an Austrian FMA licence granted in May 2025, covering the EEA except Malta — and EEA users must be on that entity, since the global platform stopped onboarding them in July 2025 and closed EEA access entirely a year later. Binance has no EU-licensed entity at all after withdrawing its application. Outside the EU the comparison narrows to fine margins: identical spot fees, Binance marginally cheaper on perpetuals and broader in selection, Bybit stronger on copy trading.
Bybit’s EU licence does not cover Malta. All fees are base-tier and fall with volume; coin counts use one common source and methodology (August 2026).
Tiered welcome rewards unlocked progressively based on first deposit amount.
Trading Fee Discount
Reduced maker and taker fees auto-applied with referral code PCNVIP.
Copy Trading Available
Follow top-performing traders and replicate strategies with one click.
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Frequently Asked Questions
Is Bybit better than Binance in 2026?
For EU residents, yes by default: Bybit operates bybit.eu under an Austrian MiCA licence while Binance has left the EU market entirely. Outside the EU the picture reverses somewhat — Binance is marginally cheaper on perpetuals (0.050% versus 0.055% taker), lists more coins and has deeper liquidity. Bybit’s differentiator is its copy-trading ecosystem.
Which is cheaper, Bybit or Binance?
Binance, slightly. Spot is identical at 0.10% on both, but Binance charges 0.050% taker on futures against Bybit’s 0.055%, and paying Binance fees in BNB cuts its effective spot rate to 0.075%. The difference is small enough that for EU users, availability matters far more than the fee gap.
Can I use both Bybit and Binance?
Outside the EU, yes. Inside the EU this is not currently possible: Binance suspended EU services on 1 July 2026, so Bybit EU is the available option of the two. Note that EEA users must be onboarded to bybit.eu rather than the global platform.
Does Bybit offer a sign-up bonus that Binance does not?
Both run substantial referral programmes. Bybit’s is claimable by EU users through its MiCA-licensed EU entity — including a migration campaign for users moving over — while Binance’s referral offer, a 20% lifetime fee reduction plus tiered rewards advertised at up to $19,800 in task-based vouchers, is currently not available to EU residents at all.
Which has better security, Bybit or Binance?
Both have published security practices. Bybit maintains transparent audits and security disclosures. We recommend reading the latest security reports of both before deciding.
