Binance
Crypto exchange for spot, futures, options, P2P trading and earning rewards
Not available in: United States, Canada, Netherlands, Cuba, Iran, North Korea. Details
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Pricing
Paid
API
Yes
Company
Binance
Platforms
What is Binance?
Binance is a centralized cryptocurrency exchange where users buy, sell and trade more than 600 cryptocurrencies. It offers spot, margin, futures and options markets, a P2P marketplace for trading directly with other users, and U.S.-listed stocks and ETFs with fractional shares.
Beyond trading, Binance runs Earn products with rewards on 180+ coins, ETH staking, Launchpool, Auto-Invest, an Airdrop Portal and Binance Alpha for early-stage projects. Payment tools include Binance Pay, crypto payments and gift cards. Spot fees for regular users are 0.1% maker/taker, with a 25% discount when paying in BNB and lower VIP tiers for high-volume traders.
The site reports over 320 million registered users in 180+ countries, publishes Proof of Reserves and keeps the SAFU emergency fund. It fits beginners and active traders, plus institutions using OTC and VIP services. Its FAQ notes a security incident on October 29, 2026, with withdrawals resuming in phases from November 1, 2026.
Key features
- Spot, margin, futures and options trading
- 600+ cryptocurrencies listed
- P2P crypto marketplace
- Earn rewards on 180+ cryptocurrencies
- U.S. stocks and ETFs with fractional shares
- Launchpool, Auto-Invest and Airdrop Portal
- Proof of Reserves and SAFU emergency fund
- OTC and VIP institutional services
Use cases
Who it's for
Trading crypto
Buy and sell hundreds of coins on spot markets or trade derivatives such as futures and options.
Buying crypto with local currency
Use the P2P marketplace or fiat options to buy crypto directly from other users.
Earning on holdings
Put idle assets into Earn, ETH staking or Launchpool to receive rewards.
Large institutional trades
Use OTC execution and VIP services for high-volume trading.
Binance pricing
From the vendor's site, checked Nov 4, 2026. Prices change — confirm on their pricing page.
Regular user (spot)
per trade
0.100% maker / 0.100% taker
- 0.075% with BNB 25% discount
- USDC pairs taker 0.095%
VIP 1–9
per trade
Lower tiered fees
- Based on 30-day volume and/or BNB balance
- Benefits apply across all Binance products
Fee on a $1,000 spot trade: $10.1% × $1,000. Worked out from the figures in Binance in numbers below.
Get an email when Binance changes its prices
One mail per change, a stop link in each. Nothing else.
Binance in numbers
- Spot taker fee
- 0.1%
- Spot maker fee
- 0.1%
- Futures taker fee
- 0.05%
- Futures maker fee
- 0.02%
- Coins listed
- 600
- Max leverage
- 125x
- Not available in
- United States, Canada, Netherlands, Cuba +2
- Proof of reserves
- Monthly, Merkle tree + zk-SNARK, no third-party auditor named
- Licences
- ADGM FSRA
- Fiat deposits
- Yes
- P2P market
- Yes
- Copy trading
- Yes
Paying fees in BNB cuts spot fees to 0.075% (and futures fees by 10%); the 125x leverage applies only to select major perpetuals. Crimea and the Donetsk and Luhansk regions of Ukraine are also restricted. From Binance's own pages, checked Nov 6, 2026. Each figure links to the page it is from; fields the vendor doesn't state are left out.
How Binance compares
- Fee on a $1,000 spot trade: $1 at Binance, less than 1 of 4 similar services that state it.
- Binance has the weakest futures maker fee of the 5 services here: 0.02%.
| Tool | Fee on a $1,000 spot trade | Spot taker fee | Futures taker fee | Coins listed | Not available in | Proof of reserves | |
|---|---|---|---|---|---|---|---|
| BBinance | $1 | 0.1% | 0.05% | 600 | United States, Canada, Netherlands, Cuba +2 | Monthly, Merkle tree + zk-SNARK, no third-party auditor named | |
O OKX | $1 | 0.1% | 0.05% | 300 | Afghanistan, Canada, Cuba, Hong Kong SAR China +13 | Monthly, zk-STARK/Merkle tree, self-verifiable; no named auditor | Binance vs OKX |
B Bitget | $1 | 0.1% | 0.06% | — | United States, Puerto Rico, Guam, U.S. Virgin Islands +31 | Monthly, Merkle tree; no third-party auditor named | Binance vs Bitget |
K Kraken | $8 | 0.8% | 0.05% | 629 | Afghanistan, Belarus, Cuba, Congo - Kinshasa +9 | Regular cadence, Merkle tree, independent accountant; latest 30 Jun 2026 | Binance vs Kraken |
M MEXC | $0.50 | 0.05% | 0.02% | 1,425 | North Korea, Cuba, Sudan, Syria +7 | Monthly, Merkle tree, audited by Hacken | Binance vs MEXC |
Figures from each vendor's own pages; — means the vendor doesn't state it. The closest alternatives in our directory by category. “Starts at” is the cheapest paid plan per month, as each vendor lists it.
Pros and cons
Strengths
- Spot fees of 0.1%, cut 25% when paid in BNB
- Over 600 cryptocurrencies available
- Apps for iOS, Android, macOS, Windows and Linux
- Publishes Proof of Reserves and maintains the SAFU fund
Limitations
- Withdrawals were paused after a security incident on October 29, 2026, resuming in phases from November 1
- Lower fees require high 30-day volume or BNB holdings
- Identity verification required
Binance FAQ
What are Binance's trading fees?
Regular users pay 0.1% maker and taker on spot trades, or 0.075% when paying fees with BNB. VIP tiers get lower rates.
How many cryptocurrencies can I trade?
Binance lists over 600 cryptocurrencies.
Which platforms does Binance support?
Web, iOS and Android apps, desktop apps for macOS, Windows and Linux, and APIs.
Can I earn rewards on my crypto?
Yes. Earn offers rewards on 180+ cryptocurrencies, and there are also ETH staking, Launchpool and Auto-Invest.
Were user funds affected by the October 2026 incident?
Binance's FAQ says user balances were not affected and withdrawals resumed in phases on November 1, 2026.
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Binance
Paid
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