Which is better, Bybit or Binance?

Deciding whether Bybit or Binance is the superior platform is contingent upon the individual's needs and preferences. Binance is one of the largest and most comprehensive cryptocurrency exchanges globally, offering an extensive array of services, including spot trading, futures trading, staking, savings, and a wide variety of altcoins. Its sheer volume, liquidity, user base, and regulatory compliance make it a top choice for many traders. By contrast, Bybit focuses more on derivatives trading and is known for its advanced trading features and user-friendly interface. It caters primarily to those who are interested in leverage and perpetual contracts for cryptocurrencies. Both exchanges boast robust security measures, but Binance comes with a longer track record in the industry. In the end, traders looking for a wide range of crypto-related services might prefer Binance, whereas those focusing on derivatives might lean towards Bybit.