Bybit vs Binance Fees: Which Is Cheaper for You?
- Spot fees are the same on both: 0.10% maker and taker for regular users.
- Binance futures taker is slightly cheaper (0.05% vs 0.055%), and BNB cuts Binance fees by up to 25%.
- For small amounts, the withdrawal network often costs more than the trading fee.
On this page
Short answer
- Mostly spot trading? Compare the regular-user spot fee and the BNB discount. Binance’s BNB discount and our referral rebate can make it the cheaper choice for spot.
- Mostly futures? Compare maker/taker fees on perpetual futures. The gap is usually small, so pick the exchange with the market and tools you actually use.
- Small amounts? Withdrawal fees on the coin and network you use often matter more than trading fees.
Fees change. The table below shows the values we last checked. Always confirm on the official fee pages (links in the boxes above).
Trading fees, regular user
| Binance | Bybit | |
|---|---|---|
| Spot maker | 0.10% | 0.10% |
| Spot taker | 0.10% | 0.10% |
| Perpetual maker | 0.02% | 0.02% |
| Perpetual taker | 0.05% | 0.055% |
| Pay-with-token discount | Yes, with BNB (25% spot / 10% futures) | None (VIP tiers only) |
| Referral benefit | Fee rebate (10%, spot) + new-user tasks | New-user reward tasks |
Maker = your order waits in the order book. Taker = your order fills right away. Using limit orders that wait (maker) is the simplest way to pay less on both exchanges.
Example: what 1,000 USDT of trading costs
Fee = trade size × fee rate.
- Binance spot taker: 1,000 × 0.10% = 1.00 USDT
- Bybit spot taker: 1,000 × 0.10% = 1.00 USDT
If you trade 10,000 USDT a month, multiply by 10. Then subtract any rebate or token discount you get.
Withdrawal fees
Withdrawal fees are set per coin and per network, and they change with network traffic.
- USDT on TRON (TRC20) or on cheaper networks usually costs far less than on Ethereum (ERC20).
- Always pick a network that both the sending and receiving side support. Sending on the wrong network can lose your funds.
- Check the fee shown on the withdrawal screen before you confirm.
Other things that matter more than fees
| Binance | Bybit | |
|---|---|---|
| Coin list | Very large | Large |
| Copy trading | Yes | Yes, a main feature |
| Local deposit options (P2P, cards) | Many | Many |
| Country availability | Check the official list | Check the official list |
How to pay less on either exchange
- Sign up with a referral code. You cannot add one later in most cases.
- Use limit orders (maker) instead of market orders.
- On Binance, turn on “Use BNB to pay fees”.
- Pick a cheap withdrawal network.
- Do not trade more often just to chase rewards.
FAQ
Can I use both exchanges? Yes, if both are available in your country. Many people compare prices and fees across two exchanges.
Is the cheaper exchange always better? No. Safety, coin choice, local deposit options and support matter too.
Do referral codes change the fee for everyone? No. They only affect the account that signs up with the code.
This site contains referral links. If you sign up with our code, we may earn a commission at no extra cost to you. Crypto trading is high risk and you can lose all of your money. Nothing here is financial advice. Do not use a VPN or false residence details to get around country restrictions. It breaks the exchange’s terms and your account can be frozen.