Binance.US vs Bity

How Binance.US vs Bity compare on our ratings, exchange specs, funding, pros and cons.

VS
Bity3.3/5
Feature
Ratings
Our score4.1/53.3/5
User ratingNo reviews yetNo reviews yet
Fees5.02.5
Security & trust4.04.0
Asset selection4.03.0
Ease of use4.03.0
Support3.53.5
Specs
MarketsSpot, OTCOTC
Maker fee0%Not disclosed
Taker fee0.02%Not disclosed
Coins listed200Not disclosed
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, ACHNot disclosed
KYC required Yes Yes
Accepts US customers YesNot disclosed
Proof of reserves YesNot disclosed
Staking / earn YesNot disclosed
Mobile app YesNot disclosed
Licenses & registrationsFinCEN MSB, 32 US State Money Transmitter LicensesNot disclosed
Security featuresU.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certifiedOff-exchange execution, Swiss data protection
Futures & perpetuals No No
Copy trading No No
P2P market No No
Earn / savings products Yes No
User protection fund NoNot disclosed
Referral program YesNot disclosed
Company
Founded20192014
HeadquartersUnited StatesSwitzerland
InvestorsRRE Ventures, Circle Ventures, Foundation Capital, Original Capital +1Not disclosed
Strengths and weaknesses
Pros
  • 0% maker fees across all 250+ spot trading pairs
  • Zero-fee fiat deposits and withdrawals through bank ACH transfers
  • SOC 2 Type II and ISO 27001 third-party security audits
  • Staking support across 25+ proof-of-stake cryptocurrencies
  • Operates as a compliant Swiss financial intermediary founded in 2014
  • Off-exchange execution limits market impact and order slippage on large volumes
  • Offers personalized trade execution for corporate and family office accounts
  • Client data is stored and processed in Switzerland
Cons
  • Unavailable to residents in 16 U.S. jurisdictions, including New York and Texas
  • ACH fiat deposits carry a mandatory 7-day withdrawal hold
  • Centralized custody model requires full trust in the exchange for fund safety
  • Mandatory KYC identity verification required before trading or depositing
  • High entry barrier requiring a minimum trade volume of CHF 100,000
  • Mandatory Swiss KYC and origin-of-funds documentation required before trading
  • Lacks retail features like copy trading and derivatives
Best forU.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewardsHigh-net-worth individuals in Europe, Family offices executing large trades, Swiss wealth and asset managers

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