it kinda depends on what you’re trading and how much. But generally, Bybit and Binance are pretty close when it comes to fees. Bybit usually has low trading fees around 0.1% for spot and futures, and they even offer some fee discounts if you hold their native token or hit higher volumes. Binance alsRead more
it kinda depends on what you’re trading and how much. But generally, Bybit and Binance are pretty close when it comes to fees. Bybit usually has low trading fees around 0.1% for spot and futures, and they even offer some fee discounts if you hold their native token or hit higher volumes.
Binance also has a 0.1% base fee for spot trading, but they give extra discounts if you pay fees with BNB (their coin), so that can make it even cheaper.
If you’re trading futures, Bybit’s fees are competitive and sometimes a bit lower, especially with their maker-taker fee model. Binance also has similar fees but can get a bit more complicated with tiers and VIP levels.
So, if you want simpler, solid low fees, Bybit is great. Binance can be cheaper if you use their coin for fees and trade a lot.
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Alright, straight up — it’s tricky. Because of sanctions, most big exchanges like Binance and Bybit don’t officially support Iranian users. If you try to register with an Iranian IP or ID, they’ll probably block or freeze your account. So, if you’re still planning to use them, you gotta be super carRead more
Alright, straight up — it’s tricky. Because of sanctions, most big exchanges like Binance and Bybit don’t officially support Iranian users. If you try to register with an Iranian IP or ID, they’ll probably block or freeze your account. So, if you’re still planning to use them, you gotta be super careful.
Here’s what most people usually do — for educational purposes only:
Use a strong VPN (like NordVPN, Mullvad, or ProtonVPN):
Always connect through a stable, non-Iranian IP (like the Netherlands or Switzerland).
Make sure it has a kill switch in case the connection drops.
Don’t use real Iranian documents for KYC:
Many users avoid platforms that require strict KYC.
If KYC is required (like on Bybit now), they use second passports or IDs from other countries — if they legally have one.
Create a fresh email and avoid Iranian phone numbers:
Use ProtonMail or Gmail for added privacy.
Sign up with a virtual number or foreign number if SMS verification is needed.
Avoid using Iranian banks or cards:
Buy crypto through local peer-to-peer (P2P) markets (like using LocalBitcoins, if available, or P2P on Binance via VPN).
Then transfer that crypto to your main exchange account.
Withdraw to cold wallets regularly:
Don’t leave too much on the exchange. Use something like Trust Wallet or Ledger for better security.
Important Disclaimer:
See lessUsing these exchanges while being in Iran might violate their terms and could lead to account bans or frozen funds if you’re detected. This info is shared just for awareness, not as financial or legal advice. Always be cautious and understand the risks before doing anything.