Binance vs Bybit: the India numbers
Binance has the longer track record (since 2017 vs 2018). Full Binance vs Bybit breakdown for India, verified against official pages on July 31, 2026.
- Verified
- 31 Jul 2026
- Sources
- Official sources cited
- Market
- India
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- Updated
- 31 Jul 2026
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On the numbers both platforms publish, Binance takes this one for most India 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.
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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 Where a platform does not publish a figure, the row says so instead of guessing, because an unpublished number is a real answer about transparency too.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 India: a cheaper venue that cannot legally take your registration is not cheaper.
| Brand | Published value | Source | Availability | |
|---|---|---|---|---|
| BinanceTop pick for India | Spot maker fee: 0.1% · Spot taker fee: 0.1% | Binance trading fees | Binance is registered as a reporting entity with India's Financial Intelligence Unit (announced August 2024, described by Binance as its nineteenth global regulatory milestone). | Open account |
 Bybit | Spot maker fee: 0.1% · Spot taker fee: 0.1% | Bybit trading fee structure | Bybit registered with FIU-IND (announcement dated February 2025) after settling a monetary penalty for earlier operation without registration. | 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 India | accepts India |
| Local registration | Binance is registered as a reporting entity with India's Financial Intelligence Unit (announced August 2024, described by Binance as its nineteenth global regulatory milestone). | Bybit registered with FIU-IND (announcement dated February 2025) after settling a monetary penalty for earlier operation without registration. |
| Official source | Binance trading fees | Bybit trading fee structure |
Using Binance or Bybit from India
Signing up from India puts Binance and Bybit under a local rulebook, and it is not what the fee table alone tells you. Financial Intelligence Unit - India (FIU-IND), Department of Revenue, Ministry of Finance, oversees crypto (virtual digital asset) service providers under the anti-money-laundering framework. Crypto exchanges must register with FIU-IND as Virtual Digital Asset Service Providers (VDA SPs) in the Reporting Entity regime under the Prevention of Money Laundering Act; registration is a pre-requisite to operate. How money actually reaches the order book here: Unified Payments Interface (UPI), the instant payment system operated by the National Payments Corporation of India, is the dominant local deposit rail for retail payments. UPI accounts for the overwhelming majority of digital payments in India and is the largest real-time payment system in the world. On tax treatment in this market: Income from transfer of virtual digital assets is taxed at a flat rate of thirty per cent under Section 115BBH of the Income-tax Act, with no set-off or carry-forward of losses. 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 India 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 India?
- Financial Intelligence Unit - India (FIU-IND), Department of Revenue, Ministry of Finance, oversees crypto (virtual digital asset) service providers under the anti-money-laundering framework. — Crypto exchanges must register with FIU-IND as Virtual Digital Asset Service Providers (VDA SPs) in the Reporting Entity regime under the Prevention of Money Laundering Act; registration is a pre-requisite to operate. (source: fiuindia.gov.in).
- 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
- India
- Verified
- 31 Jul 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.
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Machine-readable summaryen-IN / IN
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- 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
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