Availability in United States is unclear — Từ terms footer, báo cáo ghi cần xác minh đầy đủ tại Binance Help Center.
Source · checked 2026-09-04
Binance Review
cexThe world's leading blockchain ecosystem
- Taker fee
- 0.10%
- KYC
- Required
- Founded
- 2017
- HQ
- United Arab Emirates (ADGM (Abu Dhabi))
Availability in your region is unclear — check local regulations.
CompareCEX may earn a commission when you sign up through our links. This does not influence our editorial scores.
Verdict
Binance requires KYC verification before you can trade and charges around 0.10% on its taker fee. It scores 82.1/100 on the CompareCEX Score (87% of criteria verified), which suits beginners and cost-sensitive traders reasonably well. As a custodial platform, it holds your funds until you withdraw, so its security track record and regulation below matter as much as its fees. Check the fee table, KYC and country availability, and security sections below before you decide — exchange terms change without notice and we re-verify data periodically rather than in real time, so always confirm against the source links.
CompareCEX Score breakdown
82.1/100 overall, based on the 87% of criteria below with verified data. Criteria without data are excluded from the average, not scored as zero.
| Criterion | Weight | Score | How it's calculated |
|---|---|---|---|
| Trading fees | 25% | 90.0 | Average of maker and taker fee: 0.100%. |
| KYC ease for beginners | 15% | 60.0 | KYC required |
| Geo availability (not restricted) | 15% | 100.0 | Not restricted in 8/8 countries checked. |
| Security track record | 10% | 85.0 | base 70; +15 proof of reserves published; incident history not verified. Total: 85. |
| Regulation / licensing | 8% | 60.0 | 1 license(s): FSRA (AE). |
| Payment methods | 8% | Not verified | Not enough verified data in Knowledge Graph for this criterion yet. |
| Features | 8% | 77.8 | 7/9 standard cex features available: spot, futures, margin, staking, p2p, card, nft. |
| Customer support | 6% | 90.0 | live chat 24/7 (channels: live_chat, help_center, hours: 24/7). |
| Mobile app quality | 5% | Not verified | Not enough verified data in Knowledge Graph for this criterion yet. |
Fees: what a $1,000 and $10,000 trade actually costs
| Maker fee | 0.10% Source (opens in new tab) · verified 2026-09-04 |
|---|---|
| Taker fee | 0.10% Source (opens in new tab) · verified 2026-09-04 |
- Binance taker fee (0.10%): a $1,000 trade costs $1.00, and a $10,000 trade costs $10.00 (checked 2026-09-04). source
Availability & KYC
KYC: Required.
| Country | Status | Details |
|---|---|---|
| United States | Unclear | Từ terms footer, báo cáo ghi cần xác minh đầy đủ tại Binance Help Center. Source · checked 2026-09-04 |
| United Kingdom | Unclear | Từ terms footer, báo cáo ghi cần xác minh đầy đủ tại Binance Help Center. Source · checked 2026-09-04 |
| Canada | Unclear | Từ terms footer, báo cáo ghi cần xác minh đầy đủ tại Binance Help Center. Source · checked 2026-09-04 |
| Australia | Available | InvestbyBit Pty Ltd, AUSTRAC 100576141-001; AFSL pending. Source · checked 2026-09-06 |
"Unclear" means we have not independently verified this yet — check the exchange's own terms before signing up.
Security & regulation
| Security track record | Proof of reserves: published Source (opens in new tab) · verified 2026-09-04 |
|---|---|
| Regulation / licenses | FSRA (AE) Source (opens in new tab) · verified 2026-09-04 |
Not yet verified: custody model.
Products & features
| Features | Spot, Futures, Margin, Staking, P2P, Card, NFT Source (opens in new tab) · verified 2026-09-04 |
|---|---|
| Customer support | Live chat 24/7 Source (opens in new tab) · verified 2026-09-04 |
| Coins listed | ~350 Source (opens in new tab) · verified 2026-09-04 |
| Languages supported | 40 languages Source (opens in new tab) · verified 2026-09-04 |
Not yet verified: mobile app, payment methods, supported chains.
Pros & cons
Pros
- Low trading fees (Average of maker and taker fee: 0.100%.)
- Not restricted in any of the countries we've checked so far.
- Proof of reserves published (per exchange's own disclosure).
- Licensed by FSRA (AE).
- Live chat support available 24/7.
Cons
- KYC verification required before trading.
Alternatives to Binance
Top-scoring exchanges of the same type, ranked by the CompareCEX Score.
Related guides
- Best Crypto Futures: Which Exchanges Actually Offer It in 2026A sourced directory of which major exchanges offer crypto futures trading in 2026 — 9 of 10 do, one notable exception doesn't.
- Best No-KYC Exchanges in 2026: Why None of the Ones We Track QualifyWe checked KYC status for all 10 exchanges in our data: every one requires identity verification. Here is the full table and what 'no-KYC' claims usually mean.
- What's the cheapest crypto to transfer between exchanges?Network fees, not coin names, decide what a crypto transfer between exchanges costs. Here's how to find the cheapest option before you send.
Questions people ask about Binance
- What are Binance's fees?
- Binance's taker fee is 0.10%, per our verified data — see the fee table above for the exact source and check date. Read the full answer →
- What is Binance's withdrawal fee?
- We haven't verified Binance's withdrawals process or fees yet. Read the full answer →
- Binance vs Coinbase: which is better?
- Binance scores 82.1/100 vs Coinbase 72.4/100 on our data. Read the full answer →
- Binance vs Kraken: which is better?
- Binance scores 82.1/100 vs Kraken 66.1/100 on our data. Read the full answer →
- How do I deposit to Binance?
- We haven't verified Binance's deposits process or fees yet. Read the full answer →
- How do I buy Bitcoin on Binance?
- See our full Binance review for a complete breakdown. Read the full answer →
- Is Binance safe to use?
- Binance publishes proof-of-reserves, per its own disclosure — see the security section above for details and sources. Read the full answer →
- Does Binance require KYC?
- Binance requires KYC verification before you can trade, per our verified data. Read the full answer →
Crypto assets are volatile and unregulated in many jurisdictions. Not financial advice.