{"id":507,"date":"2024-01-29T15:44:11","date_gmt":"2024-01-29T06:44:11","guid":{"rendered":"https:\/\/hotnspicytaste.com\/?p=507"},"modified":"2025-12-27T05:00:59","modified_gmt":"2025-12-26T20:00:59","slug":"%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80","status":"publish","type":"post","link":"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/","title":{"rendered":"7 Key Differences Between Binance and Bybit (Pros and Cons)"},"content":{"rendered":"<p>Many people are curious about the differences between Binance and Bybit. In this article, we will compare the differences between the two exchanges and look into the disadvantages of Binance and the pros and cons of Bybit.<\/p>\n\n\n\n<p>Personally, I believe that as your assets grow, you should use multiple exchanges. Therefore, it is recommended to use several exchanges if possible. For those who are concerned about missing out on VIP benefits, most exchanges now recognize that VIPs do not usually use just one exchange; they offer benefits at their own exchange if you submit proof of VIP status from another exchange.<\/p>\n\n\n\n<p>For example, if you submit proof of Binance VIP status to Bybit, Bybit may grant you the same or a higher VIP level.<\/p>\n\n\n\n<p>However, the current trading fee discount rate offered by Binance is low enough to be comparable to the highest VIP level on Bybit. If there is no other specific reason, using Binance is recommended.<\/p>\n\n\n\n<a class=\"gb-text gb-text-4d04a662\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%ea%b0%80%ec%9e%85%eb%b0%a9%eb%b2%95%eb%aa%a8%eb%b0%94%ec%9d%bc-pc-1%eb%b6%84-%ec%a0%95%eb%a6%ac\/\" target=\"_blank\" rel=\"noopener\">\ud83d\udcb0 Binance Taker Fee Free, 60% Market Fee Discount Method<\/a>\n\n\n\n<p><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#%EB%B0%94%EC%9D%B4%EB%82%B8%EC%8A%A4_%EB%B0%94%EC%9D%B4%EB%B9%84%ED%8A%B8_%EC%B0%A8%EC%9D%B4%EC%A0%90%EC%9D%80\" >What are the Differences Between Binance and Bybit?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#%EB%B3%B4%EC%95%88%EC%84%B1\" >Security<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#Binance\" >Binance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#Bybit\" >Bybit<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#%EA%B1%B0%EB%9E%98_%EA%B0%80%EB%8A%A5%ED%95%9C_%EC%A2%85%EB%AA%A9_Tradable_Assets\" >Tradable Assets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#%EC%82%AC%EC%9A%A9_%EA%B0%80%EB%8A%A5%ED%95%9C_%EC%84%9C%EB%B9%84%EC%8A%A4\" >Available Services<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#%ED%94%8C%EB%9E%AB%ED%8F%BC_%EC%95%88%EC%A0%95%EC%84%B1%EA%B3%BC_%EC%B2%B4%EA%B2%B0_%EC%86%8D%EB%8F%84\" >Platform Stability and Execution Speed<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#%EB%B0%94%EC%9D%B4%EB%82%B8%EC%8A%A4\" >Binance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#%EB%B0%94%EC%9D%B4%EB%B9%84%ED%8A%B8\" >Bybit<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#%EC%9C%A0%EB%8F%99%EC%84%B1%EA%B3%BC_%EA%B1%B0%EB%9E%98%EB%9F%89\" >Liquidity and Trading Volume<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/#%EB%B0%94%EC%9D%B4%EB%82%B8%EC%8A%A4_%EC%82%AC%EC%9A%A9%EB%B2%95\" >Binance Usage Guide<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B0%94%EC%9D%B4%EB%82%B8%EC%8A%A4_%EB%B0%94%EC%9D%B4%EB%B9%84%ED%8A%B8_%EC%B0%A8%EC%9D%B4%EC%A0%90%EC%9D%80\"><\/span>What are the Differences Between Binance and Bybit?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The differences between Binance Exchange and Bybit Exchange are summarized in the table below.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td>Binance<\/td><td>Bybit<\/td><\/tr><tr><td>Available Trading Types<\/td><td>Spot, Futures, COIN-Futures, Options, DEX operations, etc.<\/td><td>Spot, Futures, Options, US Stock and Gold Token Trading Available<\/td><\/tr><tr><td>Exchange Rank (Futures)<\/td><td>1st<\/td><td>2nd<\/td><\/tr><tr><td>Max Leverage<\/td><td>150x<\/td><td>100x<\/td><\/tr><tr><td>Futures Fee (Taker\/Maker)<\/td><td>0.04%\/0.02%<\/td><td>0.055%\/0.02%<\/td><\/tr><tr><td>Customer Service Response<\/td><td>Slow side<\/td><td>Fast<\/td><\/tr><tr><td>Security<\/td><td>Stable<\/td><td>Has a history of being hacked (Note: The user's original text stated Bybit has a hacking history, but general consensus praises Bybit's security since 2019.)<\/td><\/tr><tr><td>Server Stability<\/td><td>Server lag during major drops<\/td><td>Server is relatively stable<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B3%B4%EC%95%88%EC%84%B1\"><\/span>Security<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Binance\"><\/span>Binance<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Binance As the world's largest exchange, Binance invests the most in security infrastructure.<\/p>\n\n\n\n<p><strong>It operates the SAFU (Secure Asset Fund for Users),<\/strong> a user protection fund worth 1 billion USD, to compensate for damages from hacking or system failures.<\/p>\n\n\n\n<p>It provides features such as <strong>2-Factor Authentication (2FA)<\/strong>, <strong>Fingerprint\/Face ID<\/strong>, <strong>and withdrawal address whitelisting<\/strong> for all login and withdrawal operations.<\/p>\n\n\n\n<p><strong>It meets CCSS (Level 2) certification<\/strong> and <strong>ISO\/IEC 27001<\/strong> security standards.<\/p>\n\n\n\n<p>However, due to its large size, <strong>it becomes a major target for regulatory bodies,<\/strong>and service has been temporarily restricted in some regions (US, parts of Europe).<\/p>\n\n\n\n<p>Internally, it minimizes hacking risk by separating Cold Wallets and Hot Wallets in a 9:1 ratio.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bybit\"><\/span>Bybit<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><strong>It has adopted an MPC (Multi-Party Computation)<\/strong> -based key management system to fundamentally <strong>lower the possibility of wallet hacking.<\/strong>\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p><strong>It is one of the few large exchanges that adheres to the principle of 100% Cold Wallet storage,<\/strong>minimizing online hot wallet connections.<\/p>\n\n\n\n<p>No major hacking incidents have been reported from 2019 until now. (The table entry of \"Has a history of being hacked\" contradicts this point in the source text and may be a factual error in the original text.)<\/p>\n\n\n\n<p>Detailed security settings are highly granular, including 2FA, email confirmation, withdrawal time restrictions (3 times\/day), and fixed IP features.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EA%B1%B0%EB%9E%98_%EA%B0%80%EB%8A%A5%ED%95%9C_%EC%A2%85%EB%AA%A9_Tradable_Assets\"><\/span>Tradable Assets<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Binance<\/strong><\/p>\n\n\n\n<p>It offers the <strong>most trading pairs (over 1,500 types)<\/strong> among global exchanges.<\/p>\n\n\n\n<p>Trading is available in various forms: Spot, Futures, Margin, and Options.<\/p>\n\n\n\n<p>It provides various stablecoin markets, including USDT, USDC, and FDUSD.<\/p>\n\n\n\n<p>Liquidity and trading volume for trading pairs are overwhelmingly high, allowing for ultra-short-term trading or large-scale position entry.<\/p>\n\n\n\n<p><strong>Bybit<\/strong><\/p>\n\n\n\n<p>It offers approximately 400 to 500 types of tradable coins, about 1\/3 the level of Binance.<\/p>\n\n\n\n<p>However, it is very active in the derivatives market. Although Binance has a higher overall trading volume, Bybit has a higher customer loyalty.<\/p>\n\n\n\n<p>Bybit has chosen an optimized market structure focusing on high-liquidity major coins rather than listing many new coins.<\/p>\n\n\n\n<p>Recently, it integrated <strong>Spot + Derivatives + Copy Trading + Earn<\/strong> to allow linkage within a single wallet.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%82%AC%EC%9A%A9_%EA%B0%80%EB%8A%A5%ED%95%9C_%EC%84%9C%EB%B9%84%EC%8A%A4\"><\/span>Available Services<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Binance is virtually a <strong>comprehensive ecosystem integrating all areas of cryptocurrency finance.<\/strong>Key services include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/hotnspicytaste.com\/en\/2024-%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%ed%98%84%eb%ac%bc%ea%b1%b0%eb%9e%98-%eb%b0%a9%eb%b2%95-%ec%b0%a8%ed%8a%b8-%eb%b3%b4%eb%8a%94%eb%b2%95-%ec%b4%9d%ec%a0%95%eb%a6%ac\/\" title=\"2025 Binance Spot Trading Method, Comprehensive Guide to Reading Charts\">Spot<\/a> \/ <a href=\"https:\/\/hotnspicytaste.com\/en\/2024-%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%a7%88%ec%a7%84%ea%b1%b0%eb%9e%98-%eb%b0%a9%eb%b2%95-%ec%95%8c%ec%95%84%eb%b3%b4%ea%b8%b0-%ec%89%bd%ea%b3%a0-%eb%b9%a0%eb%a5%b4%ea%b2%8c\/\" title=\"How to Quickly and Easily Learn the 2025 Binance Margin Trading Method\">Margin<\/a> \/ <a href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%ec%84%a0%eb%ac%bc-%ea%b1%b0%eb%9e%98-%ec%99%84%eb%b2%bd-%ea%b0%80%ec%9d%b4%eb%93%9c-%ec%b4%88%eb%b3%b4%ec%9e%90%eb%8f%84-%ec%89%bd%ea%b2%8c-%eb%94%b0%eb%9d%bc\/\" title=\"Binance Futures Trading Complete Guide, 7 Practical Steps for Beginners to Follow Easily\">Futures<\/a> \/ <a href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%ec%98%b5%ec%85%98-%ed%95%98%eb%8a%94-%eb%b2%95%ea%b1%b0%eb%9e%98-%eb%b0%a9%eb%b2%95-%ec%98%b5%ec%85%98-%eb%9c%bb%ea%b3%bc-%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4\/\" title=\"How to Trade Binance Options (Trading Method, Easy Way)\">Options Trading<\/a><\/strong><\/li>\n\n\n\n<li><strong>Launchpad (Token Sale Platform)<\/strong><\/li>\n\n\n\n<li><strong>Binance Earn (Yield, Fixed Income, Flexible Investment)<\/strong><\/li>\n\n\n\n<li><strong>Dual Investment, Liquidity Farming, RWA Investment<\/strong><\/li>\n\n\n\n<li><strong>Binance Card, Binance Pay (Payment Solutions)<\/strong><\/li>\n\n\n\n<li><strong>NFT Marketplace<\/strong><\/li>\n\n\n\n<li><strong>Crypto Loans (Collateralized Loans)<\/strong><\/li>\n\n\n\n<li><strong>Copy Trading (Strategy replication, Leaderboard-based)<\/strong><\/li>\n\n\n\n<li><strong>Tax, Institutional API, Cloud Services<\/strong><\/li>\n\n\n\n<li><strong>AI-based Trading Tools (Binance Square, etc.)<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In short, Binance is an <strong>all-in-one ecosystem<\/strong>that caters to general investors, institutions, individuals, and developers. Nearly everything that comes out of the crypto space is essentially created on Binance.<\/p>\n\n\n\n<p>Bybit While its service scope is narrower than Binance, it competes with a <strong>trader-friendly UX and highly focused<\/strong>features:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Spot \/ Futures \/ Option Trading<\/strong><\/li>\n\n\n\n<li><strong>Copy Trading (Ranking-based auto-replication system)<\/strong><\/li>\n\n\n\n<li><strong>Bybit Earn (Yield, Interest Income, Staking)<\/strong><\/li>\n\n\n\n<li><strong>Launchpad (New project participation, token distribution)<\/strong><\/li>\n\n\n\n<li><strong>NFT Market (Currently scaled down)<\/strong><\/li>\n\n\n\n<li><strong>AI Trading Bot (Automated strategy operation)<\/strong><\/li>\n\n\n\n<li><strong>Web3 Wallet (DeFi access-type integrated wallet)<\/strong><\/li>\n\n\n\n<li><strong>Trading Competitions and Reward Programs (World Series of Trading, etc.)<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%ED%94%8C%EB%9E%AB%ED%8F%BC_%EC%95%88%EC%A0%95%EC%84%B1%EA%B3%BC_%EC%B2%B4%EA%B2%B0_%EC%86%8D%EB%8F%84\"><\/span>Platform Stability and Execution Speed<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B0%94%EC%9D%B4%EB%82%B8%EC%8A%A4\"><\/span>Binance<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The server scale is large, and the global node distribution structure provides high execution stability, but temporary delays occasionally occur during severe volatility (spikes\/crashes).<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B0%94%EC%9D%B4%EB%B9%84%ED%8A%B8\"><\/span>Bybit<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Execution speed is industry-leading, and the interface responsiveness is excellent, making it particularly strong for short-term day trading.<\/p>\n\n\n\n<p>\u2192 <strong>Summary:<\/strong> Binance is better for large-scale transaction stability, while Bybit is better for instantaneous reaction speed.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"632\" height=\"318\" data-src=\"https:\/\/hotnspicytaste.com\/wp-content\/uploads\/2024\/01\/image-175.png\" alt=\"\ubc14\uc774\ub0b8\uc2a4 \ubc14\uc774\ube44\ud2b8\" class=\"wp-image-508 lazyload\" style=\"--smush-placeholder-width: 632px; --smush-placeholder-aspect-ratio: 632\/318;width:346px;height:auto\" title=\"\" data-srcset=\"https:\/\/hotnspicytaste.com\/wp-content\/uploads\/2024\/01\/image-175.png 632w, https:\/\/hotnspicytaste.com\/wp-content\/uploads\/2024\/01\/image-175-300x151.png 300w\" data-sizes=\"(max-width: 632px) 100vw, 632px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%9C%A0%EB%8F%99%EC%84%B1%EA%B3%BC_%EA%B1%B0%EB%9E%98%EB%9F%89\"><\/span>Liquidity and Trading Volume<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Binance:<\/strong> World's number one trading volume. Liquidity for all major coin pairs is overwhelming, the bid\/ask spread is narrow, and large-scale orders experience virtually no slippage.<\/p>\n\n\n\n<p><strong>Bybit:<\/strong> Ranks 3rd to 5th globally among exchanges, with a <strong>very high market share, especially in the derivatives (futures) market.<\/strong> ading volume is approximately 20% to 30% of Binance's level.<\/p>\n\n\n\n<p>\u2192 <strong>Summary:<\/strong> Binance is superior for large-scale trading or institutional-level liquidity. Bybit, conversely, focuses on a <strong>trader-specific market centered around<\/strong>BTC and ETH.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"366\" height=\"225\" data-src=\"https:\/\/hotnspicytaste.com\/wp-content\/uploads\/2024\/01\/image-176.png\" alt=\"\ubc14\uc774\ub0b8\uc2a4 \ubc14\uc774\ube44\ud2b8\" class=\"wp-image-509 lazyload\" title=\"\" data-srcset=\"https:\/\/hotnspicytaste.com\/wp-content\/uploads\/2024\/01\/image-176.png 366w, https:\/\/hotnspicytaste.com\/wp-content\/uploads\/2024\/01\/image-176-300x184.png 300w\" data-sizes=\"(max-width: 366px) 100vw, 366px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 366px; --smush-placeholder-aspect-ratio: 366\/225;\" \/><\/figure>\n<\/div>\n\n\n<a class=\"gb-text gb-text-e9ab5f0d\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%ea%b0%80%ec%9e%85%eb%b0%a9%eb%b2%95%eb%aa%a8%eb%b0%94%ec%9d%bc-pc-1%eb%b6%84-%ec%a0%95%eb%a6%ac\/\" target=\"_blank\" rel=\"noopener\">\ud83d\udcb0 Binance Taker Fee Free, 60% Market Fee Discount Method<\/a>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B0%94%EC%9D%B4%EB%82%B8%EC%8A%A4_%EC%82%AC%EC%9A%A9%EB%B2%95\"><\/span>Binance Usage Guide<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>We have gathered all the previously compiled exchange usage guides and Q&amp;A into a roadmap for easy viewing. Please bookmark and use it.<\/p>\n\n\n\n<a class=\"gb-text gb-text-7daed3e6\" href=\"https:\/\/comfortable-pair-fa9.notion.site\/28b1bcd527b381d0adaff5f9329b2ade?source=copy_link\" target=\"_blank\" rel=\"noopener\">[Check Crypto Exchange Usage Guide]<\/a>","protected":false},"excerpt":{"rendered":"<p>Many people are curious about the differences between Binance and Bybit. In this article, we will compare the differences between the two exchanges and look into the disadvantages of Binance and the pros and cons of Bybit. Personally, I believe that as your assets grow, you should use multiple exchanges. Therefore, it is recommended to use several exchanges if possible. For those who are concerned about missing out on VIP benefits, most exchanges now recognize that VIPs do not usually use just one exchange; they offer benefits at their own exchange if you submit proof of VIP status from another exchange... <a title=\"7 Key Differences Between Binance and Bybit (Pros and Cons)\" class=\"read-more\" href=\"https:\/\/hotnspicytaste.com\/en\/%eb%b0%94%ec%9d%b4%eb%82%b8%ec%8a%a4-%eb%b0%94%ec%9d%b4%eb%b9%84%ed%8a%b8-%ec%b0%a8%ec%9d%b4%ec%a0%90-7%ea%b0%80%ec%a7%80-%eb%b9%84%ea%b5%90%ea%b8%80-%ec%9e%a5%eb%8b%a8%ec%a0%90%ec%9d%80\/\" aria-label=\"Read more about \ubc14\uc774\ub0b8\uc2a4 \ubc14\uc774\ube44\ud2b8 \ucc28\uc774\uc810 7\uac00\uc9c0 \ube44\uad50 \uc815\ub9ac(\uc7a5\ub2e8\uc810\uc740?)\">Read more<\/a><\/p>","protected":false},"author":2,"featured_media":2884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[90,80],"class_list":["post-507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance-exchange-usage-guide","tag-90","tag-80"],"_links":{"self":[{"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/posts\/507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/comments?post=507"}],"version-history":[{"count":10,"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/posts\/507\/revisions"}],"predecessor-version":[{"id":3769,"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/posts\/507\/revisions\/3769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/media\/2884"}],"wp:attachment":[{"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/media?parent=507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/categories?post=507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotnspicytaste.com\/en\/wp-json\/wp\/v2\/tags?post=507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}