Binance vs Bybit: the Australia numbers
Binance has the longer track record (since 2017 vs 2018). Full Binance vs Bybit breakdown for Australia, verified against official pages on July 31, 2026.
- Verified
- 31 July 2026
- Sources
- Official sources cited
- Market
- Australia
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- Market
- en-AU / AU
- Page
- comparison
- Updated
- 31 July 2026
Referral terms vary by region and account state.
On the numbers both platforms publish, Binance takes this one for most Australia users: the platform has the longer track record (since 2017 vs 2018). That verdict is mechanical — lower published entry-tier cost and broader published coverage win rows, and ties stay ties. Every figure was re-checked against official pages on July 31, 2026, and the row-level sources are one click away below.
trading bonus
Binance
- market
- Australia
Referral terms vary by region and account state.
Open BinanceBinance and its counterpart are lined up on the same published rows below — entry-tier costs, verification, coverage, and local availability — with the winning cell decided by the published number alone, re-checked on July 31, 2026. Where a platform does not publish a figure, the row says so instead of guessing, because an unpublished number is a real answer about transparency too. Use the availability row first if you are signing up from Australia: a cheaper venue that cannot legally take your registration is not cheaper.
| Brand | Published value | Source | Availability | |
|---|---|---|---|---|
| BinanceTop pick for Australia | Spot maker fee: 0.1% · Spot taker fee: 0.1% | Binance trading fees | accepts Australia | Open account |
 Bybit | Spot maker fee: 0.1% · Spot taker fee: 0.1% | Bybit trading fee structure | accepts Australia | Open account |
Each check below names the platform whose published number wins that row outright, using the values re-verified on July 31, 2026. Binance and its rival keep their source links in the last row, so any cell can be audited in one click before you commit funds — and if a provider stops publishing a value, the row flips to "not published" on the next re-check rather than staying frozen.
| Check | Binance | Bybit |
|---|---|---|
| Spot maker fee | 0.1% | 0.1% |
| Spot taker fee | 0.1% | 0.1% |
| Futures maker fee | not published | 0.02% |
| Futures taker fee | not published | 0.055% |
| Deposit methods | not published | On-chain crypto deposit (free), internal transfer (free), Buy Crypto/fiat (provider fees vary), P2P trading (zero platform fee) |
| KYC requirements | not published | Unverified (Non-Identity Verification) users can withdraw up to 20K USDT/day and 100K USDT/month; Standard KYC raises the daily limit to 1M USDT |
| Founded | July 2017 | 2018 |
| Availability | accepts Australia | accepts Australia |
| Official source | Binance trading fees | Bybit trading fee structure |
Using Binance or Bybit from Australia
Signing up from Australia puts Binance and Bybit under a local rulebook, and it is not what the fee table alone tells you. AUSTRAC (Australian Transaction Reports and Analysis Centre) is the AML/CTF regulator overseeing retail crypto exchange services in Australia; ASIC covers financial-product aspects. Crypto exchanges must enrol and register with AUSTRAC; the regime is transitioning from digital currency exchange (DCE) provider registration to virtual asset service provider (VASP) registration under the AML/CTF reforms. How money actually reaches the order book here: The dominant local deposit rail is the New Payments Platform (NPP), Australia's real-time payments system, with PayID as its addressing service for instant AUD transfers. PayTo, built on the NPP, lets businesses initiate authorised real-time debits from a customer's bank account, complementing PayID for exchange deposits and withdrawals. On tax treatment in this market: The ATO treats crypto held as an investment as a capital gains tax (CGT) asset; a CGT discount may apply after a twelve-month holding period. None of this market context changes the Binance figures in the table above — it decides how you act on them.
- Which is better: Binance or Bybit?
- For most Australia users, Binance — Binance has the longer track record (since 2017 vs 2018). If your priority is different (coverage, track record, verification rules), the table above shows exactly where each one wins.
- How is crypto regulated in Australia?
- AUSTRAC (Australian Transaction Reports and Analysis Centre) is the AML/CTF regulator overseeing retail crypto exchange services in Australia; ASIC covers financial-product aspects. — Crypto exchanges must enrol and register with AUSTRAC; the regime is transitioning from digital currency exchange (DCE) provider registration to virtual asset service provider (VASP) registration under the AML/CTF reforms. (source: austrac.gov.au).
- How does ChainCosts earn from this page?
- If you open an account through a link here, the provider may pay us a commission. It never changes the price you pay, and it has no input into which cell wins a row — the published numbers decide.
At a glance
Key facts
- Market
- Australia
- Verified
- 31 July 2026
- Data completeness
- Only figures backed by the cited sources are shown; anything we could not verify is left out.
ChainCosts may earn a commission if you sign up through a partner link on this page. This never changes the numbers we publish.
Not financial, tax, custody, or investment advice. Verify live terms with the provider before acting.
trading bonus
Binance
- market
- Australia
Referral terms vary by region and account state.
Open Binancetrading bonus
Bybit
- market
- Australia
Referral terms vary by region and account state.
Open BybitRoute fit
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Machine-readable summaryen-AU / AU
- Canonical source
- https://chaincosts.com/en-AU/compare/binance-vs-bybit
- What this page does
- comparison screening with visible partner-link disclosure
- Offers covered
- Binance, Bybit
- Evidence
- 3 cited sources: Binance trading fees, Bybit trading fee structure, ChainCosts exchange fee checklist
- Partner links
- Partner actions go through ads.chaincosts.com; source links stay direct.
- Not advice
- Informational only. Verify provider terms, eligibility, and fees before acting.
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