Bybit vs Binarium

Bybit vs Binarium Comparison Table 2024
Bybit	Binarium
Review 3.1	Review 2.6 Binarium is #5 in our binary options broker rankings.
Traders from US not accepted See available crypto brokers	Traders from US accepted
Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018.	Binarium is an established international broker offering binary options trading on diverse markets including stocks, indices, forex, commodities and cryptocurrencies. Traders can start trading with as little as $1 and earn payouts up to 80% of their stake.
Bonus Offer
Up To 4030 USDT Welcome Bonus
Comment by Reviewer
"Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives."	"Binarium has been designed with simplicity in mind, featuring a fast, fully digital sign-up process and an intuitive platform and app with 4 chart types and 12 indicators. With binaries spanning 5 minutes to 3 months, it caters to short- and medium-term traders."
Pros
Dual price mechanism reducing unfair liquidations Increased profit potential with leverage up to 1:100 24/7 customer help from a multilingual service team No limits on trades and withdrawals on any account Best-in-class market depth, minimum price impact trade execution Industry-leading cold wallet strengthens security and improves the safety of funds A useful risk management tool protecting retail traders against unfavorable price fluctuations 100,000 TPS per contract which results in no overloads with an ultra-fast matching engine that is 10x the industry average Retail clients can easily swap between supported coins within accounts, take profit and stop loss, strategy alerts, and adjust orders	Binarium has the best education centre we’ve seen amongst binary options brands, complete with information on core topics like trading basics and account options, plus professional video guides to using the platform. The $10,000 demo account, deposit-doubling welcome bonus, smooth sign-up, and 24/7 support make for an attractive onboarding experience. Binarium claims to segregate client funds with EU banks, meaning traders’ money should not be misused and providing an important layer of protection, which is especially relevant given its offshore status.
Cons
Bybit is not currently regulated in any country Residents of some countries are restricted from opening an account, including clients from the US	Despite being operational since 2012, Binarium is an unregulated broker with limited transparency on its website, raising safety concerns and potentially putting your capital at risk. Payouts of up to 80% are on the low side of binary options platforms based on our evaluations, which may deter traders looking for the possible best returns, though you can get back up to 15% of losing trades. Binarium has some way to go to match the investment offering of binary firms like Quotex, with a particularly weak selection of around 20 currencies and 3 cryptocurrencies.
Instruments
Cryptos, Futures	Forex, Stocks, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$0	$5
Trading Platforms
MT4 TradingView	Own
Payment Methods
Bitcoin Payments Credit Card Ethereum Payments Mastercard Visa Wire Transfer	Bitcoin Payments Credit Card Debit Card Mastercard Neteller QIWI Visa WebMoney Wire Transfer Yandex Money
Minimum Trade
0.001 Lots	$1
Margin Trading
Yes	No
STP Account
Yes	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
Yes	No
Spot Trading
Yes	No
Mobile Apps
Yes (iOS & Android)	iOS & Android
App Review
	Binarium offers a mobile app that should provide an optimal trading experience on the go. However, we’ve observed worrying complaints of deposits not showing in account balances despite multiple requests to the support team. So, despite a very modern interface and capable charting tools, it trails industry leaders.
Android App Rating
	3.3
iOS App Rating
	1.3
Auto Trading
Via 3rd party software
Copy Trading
Yes	No
Copy Trading Platform
Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge.
Social Trading
No	No
Trade Signals
	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
No	No
Account Currencies
EUR GBP TRY RUB	USD EUR AUD RUB
Forex Trading
Forex trading not offered	Binarium offers just 20 currency pairs, focusing on majors like EUR/GBP and USD/GBP, alongside a few minors. Currency trading is supported on a web-based platform with payouts up to 80% through the broker's binary options.
GBPUSD Spread
	Variable
EURUSD Spread
	Variable
EURGBP Spread
	Variable
Assets
	20+
Cryptocurrency
Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options.	Trade binary options on three Bitcoin pairs – BTC/USD, BTC/GBP and BTC/EUR – with flexible contract lengths. Simply bet whether the price of the asset will rise or fall.
Spread
Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1%	N/A
Coins
BTC ETH EOS XRP USDT BCH LINK XTZU LUNA SRM TRX RUNE THETA STRM YFI WAVES DXPX ENS USDC ADA BEL BIC REN MKR LING CN98 CAKE CAPS BUSD BTT CBX CELO BTG BUSD KLAY BNB DOT AGLA AGLD LING DOME FIU FLOKI FITFI HOT ALGO FCD APEX AXS BAT ANKR BNT BOBA ALGO FIDA FL UNI AAVE SUSHI XEM APE ATOM AVAX DOGE ETC FTM LTC MATIC SAND SWEAT DLC AXS CHZ OP OKSE ZEN ZIL ZRX ACH ACM DYDX ELT FTT HERO NEXO MKR QMALL QNT REAL TRIBE INTER FAME REN ENS ELT ELJ DICE DRIV FLOKI FLOW GENE GMX IME KRL KOK NFT LWF KMON KASTA ICX CRAFT CWAR CTC CULT DEFY DFI DICE DRIV GSTS JST GODS IZI JASMY ERTHA COMP	BTC
Crypto Lending
Yes	No
Crypto Mining
Yes	No
Crypto Staking
Yes	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Binarium is an experienced binary options broker offering access to a range of financial markets with a proprietary, sleek platform. New users can claim a welcome bonus up to $1,500 or practice in the demo account with $10,000.
Payout
	80%
Ladder Options
No	No
Boundary Options
No	No

Review	Review