
Binance
Trust score 10 / 10 · Trust rank #4 · Founded 2017
Binance is a leading cryptocurrency exchange offering a wide range of cryptocurrencies and low trading fees, catering primarily to experienced investors.
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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams

Trust score 10 / 10 · Trust rank #4 · Founded 2017
Binance is a leading cryptocurrency exchange offering a wide range of cryptocurrencies and low trading fees, catering primarily to experienced investors.
Read the Binance review
Trust score 8 / 10 · Trust rank #35 · Founded 2018
Bybit is a cryptocurrency exchange that offers leveraged trading on a variety of digital assets. It is known for its user-friendly interface and advanced trading features, catering to both novice and experienced…
Read the Bybit reviewBinance and Bybit are both centralized exchanges. Binance (founded 2017, headquartered in Cayman Islands) ranks #4 on our trust rank, reports $8.86B in 24-hour trading volume and lists 516 coins across 1,377 trading pairs. Bybit (founded 2018, headquartered in British Virgin Islands) ranks #35 on our trust rank, reports $2.65B in 24-hour trading volume and lists 389 coins across 519 trading pairs. The two overlap in 33 countries; Binance is available in 15 countries where Bybit is not, and Bybit in 0 where Binance is not.
Scored on 7 measurable dimensions where both exchanges have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | Binance | Bybit |
|---|---|---|
| Trust score | 10 / 10 | 8 / 10 |
| Trust rank | #4 | #35 |
| 24h trading volume | $8.86B | $2.65B |
| Coins listed | 516 | 389 |
| Trading pairs | 1,377 | 519 |
| Founded | 2017 | 2018 |
| Headquarters | Cayman Islands | British Virgin Islands |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 48 countries | 33 countries |
| Licences / registrations | Financial Intelligence Unit (FIU-IND), registration - India, Financial Services Agency (JFSA) - Japan (through Binance Japan), Securities and Exchange Commission (SEC Thailand) - Thailand (through Gulf Binance Co., Ltd), Virtual Assets Regulatory Authority (VARA), exchange services - United Arab Emirates | Financial Market Authority (FMA), MiCA licence - Austria, Financial Intelligence Unit (FIU-IND), registration - India, Virtual Assets Regulatory Authority (VARA), exchange services - United Arab Emirates |
| Trading types | Derivatives, Spot | Derivatives, Spot |
| Best-for use cases | Beginner-Friendly, Centralized, Copy Trading, High Liquidity, Low-Fee, Margin trading, Peer-to-Peer (P2P) | Beginner-Friendly, Centralized, High Liquidity, Low-Fee, Margin trading, Peer-to-Peer (P2P) |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that exchange — we never fill gaps with estimates.
Available at both (33): Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Colombia, Denmark, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Norway, Philippines, Poland, Portugal, Romania, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, United Arab Emirates.
Only Binance (15): Albania, Bulgaria, Croatia, Cyprus, Estonia, Greece, Hungary, Iceland, Israel, Latvia, Lithuania, Luxembourg, Malta, Slovakia, Slovenia.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
Binance reports the higher 24-hour trading volume ($8.86B vs $2.65B), based on the latest market data in our catalogue.
Binance lists more coins: 516 at Binance versus 389 at Bybit.
Binance has the higher trust score (10 / 10 vs 8 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Binance is the older of the two, founded in 2017; Bybit was founded in 2018.
They overlap in 33 countries. Binance is additionally available in 15 countries (Albania, Bulgaria, Croatia, Cyprus, Estonia, Greece and 9 more) and Bybit in 0 countries ().
Risk warning: cryptoassets are highly volatile and largely unregulated in many jurisdictions. You may lose the entire amount you deposit. Nothing on this page is financial advice; check availability and terms with the exchange before opening an account. Full risk disclosure.