Fee comparison

Binance vs Bybit fees

Binance is cheaper in 3 of 3 scenarios. We priced three everyday transactions in Germany (EUR) on both exchanges, including the spread, deposit, conversion and withdrawal costs that the trading fee leaves out.

Demo data

Scenario 1

Buy €1,000 of BTC by bank transfer, withdraw on Bitcoin

Binance€3.35 0.34%

Bybit€20.22 2.02%

Scenario 2

Buy €500 of ETH by card, withdraw on Arbitrum

Binance€9.88 1.98%

Bybit€16.17 3.23%

Scenario 3

Buy €250 of USDT by bank transfer, withdraw on Tron

Binance€0.84 0.34%

Bybit€1.60 0.64%

Fee schedule side by side

Fee	Binance	Bybit
Taker fee	0.10%	0.10%
Maker fee	0.10%	0.10%
Estimated spread (BTC)	0.05%	0.07%
Bank deposit	0.00%	0.00%
Card deposit	1.80%	3.00%
BTC withdrawal	0.00002 BTC	0.0002 BTC
Currencies accepted	EUR, GBP, BRL, MXN	EUR, GBP, BRL

Comparisons

Binance vs Coinbase Kraken vs Binance OKX vs Bybit Binance vs OKX Binance vs Bitget Binance vs KuCoin

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