Binance vs Bybit — Which Is Better? Fees, Staking & Winner
Binance: USDT withdrawal via TRC20 — $1.50; Bybit via TRC20 — $1.30. ETH staking: 1.7% vs 2.0%. Live data, updated every 10 min.
Updated:
Binance and Bybit have equal totals of material advantages across 3 criteria. Individual criteria may have different leaders; choose by your task.
On staking rates, across the coins both exchanges actually list, Bybit is ahead of Binance. If passive income is the priority, the edge is on its side.
Binance has a lower average USDT fee across shared networks with withdrawals open than Bybit. The result may differ on an individual network.
Scorecard
| Criteria | Binance | Bybit | Winner |
|---|---|---|---|
| Staking Coverage (coins) | Binance409 | Bybit261 | Winner Reference |
| Best Rates (top-10 coins) | Binance0 | Bybit10 | Winner Bybit |
| Avg USDT fee on shared networks | Binance$0.23 | Bybit$0.38 | Winner Binance |
| Funding Coverage (coins) | Binance519 | Bybit647 | Winner Reference |
| Network Availability | Binance81% | Bybit81.2% | Winner Draw |
| Coins in the fee database | Binance648 | Bybit793 | Winner Reference |
Rows marked “Reference” show catalogue width — the size of the listing, not the quality of the exchange — and do not count towards the overall result. The result comes from three substantive criteria: staking rates, average withdrawal fee and network availability.
The table shows the average USDT fee across the same set of networks where both exchanges allow withdrawals and publish a fee. The summary shows the fee on the named network (TRC20 first, then other networks), not the absolute minimum. The cheapest transfer between these exchanges is calculated separately and requires deposits on the receiving side.
Which one for which job
An overall score decides little: the two exchanges win on different axes. Here is which ones, with the number next to each.
Everything for one coin
Rate, withdrawal and funding per coin at once: Binance on the left, Bybit on the right.
| Coin | Staking APR | Withdrawal, cheapest network | Funding per 8h |
|---|---|---|---|
| BTC staking | Staking APR 0.02% / 1.20% | Withdrawal, cheapest network under $0.01 / under $0.01 BTC / BTC | Funding per 8h +0.0100% / +0.0100% |
| ETH staking | Staking APR 1.70% / 2.04% | Withdrawal, cheapest network under $0.01 / under $0.01 BSC / ARBITRUM | Funding per 8h +0.0075% / +0.0069% |
| USDT staking | Staking APR 2.49% / 5.25% | Withdrawal, cheapest network $0.01 / free BSC / PLASMA | Funding per 8h — / — |
| USDC staking | Staking APR 2.29% / 6.91% | Withdrawal, cheapest network free / free BSC / ARC | Funding per 8h +0.0031% / +0.0090% |
| SOL staking | Staking APR 4.00% / 4.68% | Withdrawal, cheapest network under $0.01 / under $0.01 SOL / SOL | Funding per 8h +0.0100% / +0.0023% |
| BNB staking | Staking APR 0.32% / 0.80% | Withdrawal, cheapest network under $0.01 / under $0.01 BSC / BSC | Funding per 8h +0.0095% / +0.0100% |
| XRP staking | Staking APR 0.05% / 0.70% | Withdrawal, cheapest network $0.20 / $0.20 XRP / XRP | Funding per 8h +0.0027% / +0.0019% |
| GRAM staking | Staking APR 7.20% / 14.85% | Withdrawal, cheapest network — / $0.02 — / TON | Funding per 8h +0.0050% / +0.0050% |
| ADA staking | Staking APR 1.41% / 2.14% | Withdrawal, cheapest network — / $0.80 — / ADA | Funding per 8h -0.0160% / -0.0109% |
| DOGE staking | Staking APR 0.05% / 0.50% | Withdrawal, cheapest network $4.00 / $4.00 DOGE / DOGE | Funding per 8h +0.0093% / +0.0010% |
| HYPE staking | Staking APR — / — | Withdrawal, cheapest network free / $0.03 HYPEREVM / HYPEREVM | Funding per 8h +0.0040% / +0.0034% |
This pair has no data for that coin.
The fee is the cheapest network with withdrawals open at each exchange; the networks are named separately below the numbers because they often differ. A dash means “not in our data”, not “unsupported”.
How these two differ
The Yieldo withdrawal fee database has records for 694 coins at Binance and 797 at Bybit, with 287 shared in this sample. This is fee database coverage, not the full trading listings: a missing record does not mean the coin is absent from the exchange. Binance wins on liquidity: its book is deeper on major pairs, and at size that costs more than any fee difference. Bybit is strong on derivatives and terminal ergonomics — exactly where it has been taking share for years.
For a Russian-speaking user there is a hard fiat difference: Binance wound down its ruble rails — RUB deposits stopped on 15 November 2023 and RUB support on P2P ended on 31 January 2024. Bybit still runs a RUB P2P desk. If you fund in rubles, the choice is effectively made for you.
Which one suits you
- → you trade size, where slippage costs more than fees
- → you fund in crypto
- → you need the deepest BTC and ETH liquidity
- → you need a RUB P2P desk
- → you trade perpetuals and value the terminal
- → open withdrawal rails matter: 18.8% closed against 18.8%
Access and verification
These terms change more often than the numbers above: every fact carries a check date and a source link.
| Criteria | Binance | Bybit |
|---|---|---|
| Verification (KYC) | BinanceRequired | BybitRequired |
Verification is required for trading and withdrawals.
Since 8 May 2023 at least Level 1 verification is mandatory across all products: without it only closing positions and withdrawing remain available.
This is not legal advice. Exchanges change their rules without notice — check the terms on the platform itself before funding an account.
How to move USDT from Binance to Bybit
What it costs to move $1 000 in USDT over the cheapest route that is actually open right now.
| Network | Binance fee | Bybit fee | Binance → Bybit | Bybit → Binance |
|---|---|---|---|---|
| BSC | 0.01 | 0.15 | open | open |
| PLASMA | 0.012 | Free | open | open |
| KAIA on Bybit: KLAY | 0.02 | 0.1 | open | open |
| POLYGON on both: MATIC | 0.03 | 0.07 | open | open |
| AVAX on Binance: AVAXC on Bybit: CAVAX | 0.04 | 0.1 | open | open |
| OPTIMISM on Bybit: OP | 0.04 | 1 | open | open |
| CELO | 0.05 | 0.5 | open | open |
| APTOS on Binance: APT | 0.1 | 0.002 | open | open |
| KAVAEVM | 0.2 | 0.3 | open | open |
| SOL | 0.3 | 0.5 | open | open |
| TON | 0.3 | 0.15 | open | open |
| ETH | 0.4 | 0.8 | open | open |
| TRC20 on both: TRX | 1.5 | 1.3 | open | open |
A route requires open withdrawals at the sender and deposits at the receiver on the same network and in the same token form. Selection requires a known fee and a withdrawal minimum compatible with 1,000 USDT. The fee shown is the sender withdrawal fee; verify the terms at both exchanges before transferring.
Moving funds between exchanges is an ordinary blockchain transaction: only the sender pays a fee.
- Pick a network open on both sides: the cheapest right now is BSC — 0.01 USDT on a $1,000 transfer.
- Copy the deposit address on the receiving exchange for that exact network.
- Check the minimum withdrawal: on small transfers it matters more than the fee.
- Send it and wait for confirmations in the network explorer.
Withdrawal reliability
Share of networks closed for withdrawal right now, and how many times withdrawals actually closed over the last 30 days.
Withdrawal fee database coverage
This compares Yieldo withdrawal fee records, not the full trading listings. A missing record does not mean the exchange lacks the coin, its markets or Earn products.
Staking Rate Comparison
| Coin | Binance APR | Bybit APR |
|---|---|---|
| BTC staking | 0.02% | 1.20% |
| ETH staking | 1.70% | 2.04% |
| USDT staking | 2.49% | 5.25% |
| USDC staking | 2.29% | 6.91% |
| SOL staking | 4.00% | 4.68% |
| BNB staking | 0.32% | 0.80% |
| XRP staking | 0.05% | 0.70% |
| GRAM staking | 7.20% | 14.85% |
| ADA staking | 1.41% | 2.14% |
| DOGE staking | 0.05% | 0.50% |
Rates over 90 days
A headline APR is one point in time. This shows what it actually hovered around for three months and how often it moved.
| Coin | Binance | Bybit | ||||||
|---|---|---|---|---|---|---|---|---|
| Now | Average | Range | Changes | Now | Average | Range | Changes | |
| BTC | 0.02% | 0.02% | 0.01–0.02 | 1776 | 1.20% | 1.01% | 0.80–1.20 | 1 |
| ETH | 1.70% | 1.72% | 1.70–1.75 | 1 | 2.04% | 2.04% | 1.46–2.85 | 13095 |
| USDT | 2.34% | 2.32% | 1.46–3.42 | 11269 | 5.25% | 4.75% | 2.44–6.91 | 13103 |
| USDC | 2.22% | 2.19% | 1.37–3.69 | 10653 | 6.91% | 5.26% | 2.06–9.11 | 13110 |
| SOL | 4.00% | 4.09% | 4.00–4.10 | 1 | 4.50% | 4.66% | 2.94–6.46 | 13121 |
| BNB | 0.32% | 0.30% | 0.28–0.32 | 2 | 0.80% | 0.80% | 0.80–0.80 | 0 |
| XRP | 0.06% | 0.05% | 0.03–0.08 | 1929 | 0.70% | 0.70% | 0.70–0.71 | 10 |
| GRAM | 7.20% | 7.08% | 6.99–7.20 | 1 | 14.66% | 15.16% | 13.67–18.66 | 166 |
| ADA | 1.41% | 1.47% | 1.41–1.51 | 1 | 2.14% | 2.05% | 1.76–2.41 | 18 |
| DOGE | 0.06% | 0.07% | 0.04–0.16 | 2116 | 0.50% | 0.50% | 0.50–0.50 | 0 |
| HYPE | 0.01% | 0.03% | 0.00–3.20 | 549 | 1.99% | 2.16% | 1.97–2.93 | 90 |
A change means the value moved between samples, not the sample itself: polling records the rate regularly, and without that collapse "changes" would simply equal the number of readings.
Withdrawal Fee Comparison
Each row compares one coin on one shared network; fees are in units of that coin. BTC includes only Bitcoin and the separate SegWit option; BTC representations on BSC, X Layer and other chains are excluded. The network and token form must match the receiving address details. Open withdrawals do not guarantee open deposits.
| Coin | Network | Binance | Bybit |
|---|---|---|---|
| BTC | BTC |
0.00002
BTC
|
0.000057
BTC
|
| ETH | ARBITRUM |
0.00005
ARBITRUM
|
0.00004
ARBI
|
| ETH | BASE |
0.00005
BASE
|
0.0003
BASE
|
| ETH | BSC |
0.000009
BSC
|
0.0002
BSC
|
| ETH | ETH |
0.00015
ETH
|
0.0003
ETH
|
| ETH | OPTIMISM |
0.000015
OPTIMISM
|
0.00015
OP
|
| ETH | ZKSYNC_ERA |
0.00012
ZKSYNCERA
|
0.0003
ZKV2
|
| USDT | APTOS |
0.1
APT
|
0.002
APTOS
|
| USDT | AVAX |
0.04
AVAXC
|
0.1
CAVAX
|
| USDT | BSC |
0.01
BSC
|
0.15
BSC
|
| USDT | CELO |
0.05
CELO
|
0.5
CELO
|
| USDT | ETH |
0.4
ETH
|
0.8
ETH
|
| USDT | KAIA |
0.02
KAIA
|
0.1
KLAY
|
| USDT | KAVAEVM |
0.2
KAVAEVM
|
0.3
KAVAEVM
|
| USDT | OPTIMISM |
0.04
OPTIMISM
|
1
OP
|
| USDT | PLASMA |
0.012
PLASMA
|
Free
PLASMA
|
| USDT | POLYGON |
0.03
MATIC
|
0.07
MATIC
|
| USDT | SOL |
0.3
SOL
|
0.5
SOL
|
| USDT | TON |
0.3
TON
|
0.15
TON
|
| USDT | TRC20 |
1.5
TRX
|
1.3
TRX
|
| USDC | APTOS |
0.04
APT
|
0.05
APTOS
|
| USDC | ARBITRUM |
0.4
ARBITRUM
|
0.2
ARBI
|
| USDC | ARC |
0.02
ARC
|
Free
ARC
|
| USDC | AVAX |
0.056
AVAXC
|
1
CAVAX
|
| USDC | BASE |
0.2
BASE
|
0.25
BASE
|
| USDC | BSC |
Free
BSC
|
0.2
BSC
|
| USDC | ETH |
0.5
ETH
|
0.8
ETH
|
| USDC | HBAR |
0.1
HBAR
|
0.5
HBAR
|
| USDC | OPTIMISM |
0.05
OPTIMISM
|
1
OP
|
| USDC | POLYGON |
0.12
MATIC
|
0.12
MATIC
|
| USDC | SEIEVM |
0.1
SEIEVM
|
0.5
SEIEVM
|
| USDC | SOL |
0.3
SOL
|
0.3
SOL
|
| USDC | SONIC |
0.01
SONIC
|
0.05
SONIC
|
| USDC | SUI |
0.1
SUI
|
1
SUI
|
| SOL | SOL |
0.001
SOL
|
0.001
SOL
|
| BNB | BSC |
0.00001
BSC
|
0.0002
BSC
|
| XRP | XRP |
0.2
XRP
|
0.2
XRP
|
| GRAM | TON |
0.03
TON
(Disabled)
|
0.02
TON
|
| ADA | ADA |
1.5
ADA
(Disabled)
|
0.8
ADA
|
| DOGE | DOGE |
4
DOGE
|
4
DOGE
|
| HYPE | HYPEREVM |
Free
HYPE
|
0.025
HYPEREVM
|
Funding Rate Comparison
The main rate is normalized to 8 hours: current rate × 8 / exchange interval. Below it are the original rate and interval, plus a simple annualized equivalent. This is an extrapolation, not a payment forecast. Positive: longs pay shorts; negative: shorts pay longs.
| Coin | Binance | Bybit |
|---|---|---|
| BTC |
0.0100%
+0.0100% per 8 h
10.95% annualized
|
0.0100%
+0.0100% per 8 h
10.95% annualized
|
| ETH |
0.0075%
+0.0075% per 8 h
8.20% annualized
|
0.0069%
+0.0069% per 8 h
7.50% annualized
|
| USDC |
0.0031%
+0.0031% per 8 h
3.43% annualized
|
0.0090%
+0.0090% per 8 h
9.86% annualized
|
| SOL |
0.0100%
+0.0100% per 8 h
10.95% annualized
|
0.0023%
+0.0023% per 8 h
2.47% annualized
|
| BNB |
0.0095%
+0.0095% per 8 h
10.40% annualized
|
0.0100%
+0.0100% per 8 h
10.95% annualized
|
| XRP |
0.0027%
+0.0027% per 8 h
2.95% annualized
|
0.0019%
+0.0019% per 8 h
2.08% annualized
|
| GRAM |
0.0100%
+0.0050% per 4 h
10.95% annualized
|
0.0100%
+0.0050% per 4 h
10.95% annualized
|
| ADA |
-0.0160%
-0.0160% per 8 h
-17.56% annualized
|
-0.0109%
-0.0109% per 8 h
-11.91% annualized
|
| DOGE |
0.0093%
+0.0093% per 8 h
10.21% annualized
|
0.0010%
+0.0010% per 8 h
1.09% annualized
|
| HYPE |
0.0081%
+0.0040% per 4 h
8.85% annualized
|
0.0034%
+0.0034% per 8 h
3.72% annualized
|
Funding on average
Annualised percentages from the average rate over 7 and 30 days. The current rate moves every few hours; the average is a property of the venue.
| Coin | Binance | Bybit | ||
|---|---|---|---|---|
| 7 days | 30 days | 7 days | 30 days | |
| ADA | -0.60% | +1.65% | -0.31% | +0.42% |
| BNB | — | — | — | -9.18% |
| BTC | +4.87% | +3.53% | +5.73% | +4.16% |
| DOGE | +3.64% | +3.19% | +4.26% | +2.02% |
| ETH | +4.53% | +2.14% | +4.55% | +2.77% |
| GRAM | — | — | — | +5.00% |
| HYPE | +7.85% | +5.46% | +4.26% | +2.93% |
| SOL | +3.14% | +3.31% | +2.17% | +1.20% |
| USDC | — | — | — | -12.27% |
| XRP | -0.33% | -0.15% | -0.25% | -1.02% |
Arbitrage Opportunities
Current price spreads between Binance and Bybit.
| Coin | Buy On | Sell On | Spread |
|---|---|---|---|
| ZIL | Binance | Bybit | 17.80% |
| LUNC | Binance | Bybit | 0.72% |
| AVA | Bybit | Binance | 0.34% |
| RVN | Binance | Bybit | 0.21% |
| SENT | Bybit | Binance | 0.19% |
| ROBO | Bybit | Binance | 0.16% |
| FET | Binance | Bybit | 0.16% |
| OPG | Bybit | Binance | 0.16% |
| AEVO | Bybit | Binance | 0.14% |
| IMX | Binance | Bybit | 0.13% |
FAQ
Which is better: Binance or Bybit?
Can I fund Binance with rubles?
Which has lower withdrawal fees?
Is verification required?
What to choose
Binance and Bybit have equal totals of material advantages across 3 criteria. Individual criteria may have different leaders; choose by your task.