Binance is a cryptocurrency exchange platform that allows users to trade a wide range of digital currencies. It offers various services including spot trading, futures trading, and staking.
Binance
Binance is a leading cryptocurrency exchange offering a wide range of cryptocurrencies and low trading fees, catering primarily to experienced investors.
Key facts
$5.84B
24h volume
-10.3% vs yesterday
#4
Trust rank
CoinGecko score 10/10
5.0/5
Our rating
2017
Founded
516
Coins
1,377
Trading pairs
| Headquarters | Cayman Islands |
|---|---|
| Exchange type | Centralized (CEX) |
| Markets | Spot, Derivatives |
| Fee level | Low |
| Licences / regulators | 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 |
Updated · Market data refreshed (CoinGecko)
Pros
Cons
Key Features
How we review: We rate exchanges on security, regulation, fees, products, UX, and reputation using independent research and platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.
See our Methodology and Risk Disclosure for full details.
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Frequently Asked Questions
Binance operates in multiple jurisdictions and complies with local regulations where applicable. However, it has faced regulatory scrutiny in several countries, leading to restrictions or modifications in its services in those regions.
Binance charges a trading fee that varies based on the user's trading volume and whether they use Binance Coin (BNB) to pay for fees. The standard spot trading fee is 0.1%, which can be reduced by holding BNB.
Yes, Binance provides customer support through various channels, including a help center, live chat, and email support. The platform also offers a comprehensive FAQ section for common inquiries.
Binance employs several security measures, including two-factor authentication (2FA), withdrawal whitelist, and advanced data encryption to protect user accounts and assets.
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