
Binance
Trust score 10 / 10 · Trust rank #4 · Founded 2017
Binance is a leading cryptocurrency exchange offering a wide range of cryptocurrencies and low trading fees, catering primarily to experienced investors.
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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams

Trust score 10 / 10 · Trust rank #4 · Founded 2017
Binance is a leading cryptocurrency exchange offering a wide range of cryptocurrencies and low trading fees, catering primarily to experienced investors.
Read the Binance review
Trust score 8 / 10 · Trust rank #22 · Founded 2013
Luno is a cryptocurrency exchange that provides a user-friendly platform for buying, selling, and storing digital currencies. It is designed to cater to both beginners and experienced traders, offering competitive fees and…
Read the Luno reviewBinance and Luno are both centralized exchanges. Binance (founded 2017, headquartered in Cayman Islands) ranks #4 on our trust rank, reports $8.86B in 24-hour trading volume and lists 516 coins across 1,377 trading pairs. Luno (founded 2013, headquartered in Singapore) ranks #22 on our trust rank, reports $10.6M in 24-hour trading volume and lists 50 coins across 101 trading pairs. The two overlap in 4 countries; Binance is available in 44 countries where Luno is not, and Luno in 2 where Binance is not.
Scored on 7 measurable dimensions where both exchanges have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | Binance | Luno |
|---|---|---|
| Trust score | 10 / 10 | 8 / 10 |
| Trust rank | #4 | #22 |
| 24h trading volume | $8.86B | $10.6M |
| Coins listed | 516 | 50 |
| Trading pairs | 1,377 | 101 |
| Founded | 2017 | 2013 |
| Headquarters | Cayman Islands | Singapore |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 48 countries | 6 countries |
| Licences / registrations | Financial Intelligence Unit (FIU-IND), registration - India, Financial Services Agency (JFSA) - Japan (through Binance Japan), Securities and Exchange Commission (SEC Thailand) - Thailand (through Gulf Binance Co., Ltd), Virtual Assets Regulatory Authority (VARA), exchange services - United Arab Emirates | Securities Commission Malaysia (SC), DAX registration - Malaysia |
| Trading types | Derivatives, Spot | Spot |
| Best-for use cases | Beginner-Friendly, Centralized, Copy Trading, High Liquidity, Low-Fee, Margin trading, Peer-to-Peer (P2P) | — |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that exchange — we never fill gaps with estimates.
Available at both (4): Indonesia, Malaysia, Singapore, South Africa.
Only Binance (44): Albania, Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, India, Ireland, Israel, Italy and 19 more.
Only Luno (2): Nigeria, Uganda.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
Binance reports the higher 24-hour trading volume ($8.86B vs $10.6M), based on the latest market data in our catalogue.
Binance lists more coins: 516 at Binance versus 50 at Luno.
Binance has the higher trust score (10 / 10 vs 8 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Luno is the older of the two, founded in 2013; Binance was founded in 2017.
They overlap in 4 countries. Binance is additionally available in 44 countries (Albania, Argentina, Australia, Austria, Belgium, Brazil and 38 more) and Luno in 2 countries (Nigeria, Uganda).
Risk warning: cryptoassets are highly volatile and largely unregulated in many jurisdictions. You may lose the entire amount you deposit. Nothing on this page is financial advice; check availability and terms with the exchange before opening an account. Full risk disclosure.