Binance vs Bybit – Which Crypto Exchange Is Better?

#cryptoexchanges #binance #bybit

✅ Copy the link in the description and don’t forget to copy the promo code on the broker’s page for registering on the cryptocurrency exchange in order to receive more bonuses and privileges:
◼ Binance – https://accounts.binance.com/en/register?ref=28389632
◼ Bybit – https://www.bybit.com/register?affiliate_id=11989&group_id=0&group_type=1
💯 Keep in mind that it is more reliable and beneficial for work with TU. Good luck!

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Video key moments:
00:00​​ – Start
00:35​ – BYBIT
01:24 – BINANCE
02:06​​ – Bybit vs. Binance: Supported Assets
03:02​​ – Bybit vs. Binance Trading Fee
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ABOUT VIDEO:
🔎 Today We”ll be comparing Bybit, a derivatives exchange that is seeing rapid growth, to Binance, which is currently regarded as one of the most successful exchanges in the entire globe. Take a look at the comparison.

BYBIT VS. BINANCE
✅ BYBIT: ByBit Exchange is an exchange for trading cryptocurrency futures. The derivatives exchange is based in Singapore, and it opened in 2018. Users can trade perpetual crypto contracts with up to 100:1 leverage on the exchange. ByBit only had a few assets available for spot trades, but now they have a lot more. Bybit is a crypto-only exchange, which means you can only fund your account with digital currency unless you use a third party to fund with fiat. ByBit is better for experienced crypto traders and speculators because it focuses on futures trading and only accepts crypto as funding. It is not as suitable for crypto beginners or people who want an exchange with a wide range of assets to buy and sell.

✅ BINANCE: Binance Exchange is widely regarded as one of the best cryptocurrency markets in the world. It offers the most cryptocurrency trading pairings of any respectable exchange, leading to Binance’s huge trading volume. Changpeng Zhao established Binance in 2017, and it has since grown to become one of the most successful cryptocurrency exchanges. Binance also has its cryptocurrency, known as Binance Coin (BNB). Users of Binance can immediately purchase crypto assets using various payment methods, including fiat currencies, credit/debit cards, and bank transfers. Binance is accessible via its website, desktop application, or mobile app.

⚖️ Bybit vs. Binance: SUPPORTED ASSETS
✔ Bybit and Binance support all major cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Ripple (XRP). They also have a list of other tokens and coins with good potential that are smaller or less well-known to give traders more options. Binance has one of the largest cash selections because it supports more than 500 digital assets, including its own BNB token. Traders can pair up in hundreds of different ways on the exchange.

✔ But it’s important to note that the exchange only supports fewer Binance assets. US system (around 65). Even though it’s unclear how many assets are on the Bybit platform, the exchange supports more than 50 cryptos, which is still a good number because it lets traders make more than 100 different trading pairs. Binance wins because it helps more digital assets than Bybit and most of the top crypto exchanges.

⚖️ Bybit vs. BinanceTRADING FREE
✔ Bybit Fees uses a pricing model called “maker fee” and “taker fee.” Takers of the market pay a fee of 0.075 percent, and makers of the market get a rebate of 0.025 percent. This is true for both inverse perpetual and USDT contracts.

✔ Binance is best known for its low trading fees, and both makers and takers pay the same flat trading fee. The trading fee is based on how much you trade in 30 days. At the first level (VIP 0), if you trade less than 50BTC, you pay 0.1 percent. When you pay with a BNB token, you get a discount of 25% off the trading fee. When we compare the fees of Bybit and Binance, Bybit comes out on top.
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