What it is
Binance is the world's largest cryptocurrency exchange by trading volume, offering spot and derivatives trading, staking, savings and a wide coin list at low fees; availability and products differ sharply by country.
Who it suits
Experienced crypto traders in countries where Binance is licensed who want low fees and range.
Regulation and protection
Licensed or registered in selected jurisdictions; not authorised for UK retail onboarding.
How it charges
A maker-taker fee schedule that falls with volume and holding of the platform's token; withdrawals carry network fees.
Getting started
Register, verify identity for your country, deposit fiat or crypto and trade; confirm which products are permitted where you live.
At a glance
- Trading fees
- Very low
- Staking
- Yes
- Custody
- Exchange and self-custody wallet
- Listed company
- No
- Headquarters
- Global
- Founded
- 2017
Strengths
- Lowest fees among major exchanges
- Broadest coin and product range
- High liquidity
Watch for
- Not available or restricted in the UK, US and Canada
- Regulatory history is complex
Readers ask2 questions answered
Can UK users open a Binance account?
Binance does not onboard new UK retail customers under current FCA restrictions; check the position for your country.
Is Binance regulated?
It holds licences or registrations in several jurisdictions including the EU under MiCA and Australia, but not in all markets it once served.
Run the numbers before you sign up
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