
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 6 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 9 / 10 · Trust rank #15 · Founded 2022
Toobit is a cryptocurrency exchange platform that provides a user-friendly interface for trading a diverse range of digital assets. It is designed to cater to both novice and experienced traders by offering…
Read the Toobit reviewBinance and Toobit are both centralized exchanges. Binance (founded 2017, headquartered in Cayman Islands) ranks #4 on our trust rank, reports $10.19B in 24-hour trading volume and lists 519 coins across 1,376 trading pairs. Toobit (founded 2022, headquartered in Cayman Islands) ranks #15 on our trust rank, reports $2.19B in 24-hour trading volume and lists 508 coins across 513 trading pairs. The two overlap in 43 countries; Binance is available in 5 countries where Toobit is not, and Toobit in 9 where Binance is not.
Scored on 6 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 | Toobit |
|---|---|---|
| Trust score | 10 / 10 | 9 / 10 |
| Trust rank | #4 | #15 |
| 24h trading volume | $10.19B | $2.19B |
| Coins listed | 519 | 508 |
| Trading pairs | 1,376 | 513 |
| Founded | 2017 | 2022 |
| Headquarters | Cayman Islands | Cayman Islands |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 48 countries | 52 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 | Not verified |
| Trading types | Derivatives, Spot | Derivatives, 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 (43): Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, New Zealand, Norway, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Spain, Sweden and 3 more.
Only Binance (5): Albania, Iceland, Malta, Slovenia, South Africa.
Only Toobit (9): Czechia, Netherlands, South Korea, Taiwan, Türkiye, Ukraine, United Kingdom, United States, Vietnam.
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 ($10.19B vs $2.19B), based on the latest market data in our catalogue.
Binance lists more coins: 519 at Binance versus 508 at Toobit.
Binance has the higher trust score (10 / 10 vs 9 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Binance is the older of the two, founded in 2017; Toobit was founded in 2022.
They overlap in 43 countries. Binance is additionally available in 5 countries (Albania, Iceland, Malta, Slovenia, South Africa) and Toobit in 9 countries (Czechia, Netherlands, South Korea, Taiwan, Türkiye, Ukraine and 3 more).
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.