Binance
Binance
Binance is the world's number-one spot exchange by volume (around $8.5B/24h), with over 400 cryptos, 0.10% trading fees (0.075% paying in BNB) and a SAFU insurance fund of over $1B. Its operational strength sits alongside a heavy legal history (a $4.3B DOJ settlement in 2023) and a fragmented corporate structure.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Maker / Taker fee | 0.1% / 0.1% |
|---|---|
| Markets | Spot |
| Max leverage | 125× |
| Supported assets | 400+ |
| 24h volume (as of Jun 1) | $8.5B |
| Fiat on-ramp | Yes |
| Geo restrictions | UK (retail), NL, CA |
| Staking / Earn | Earn, staking e risparmio flessibile su numerose crypto |
| Fund custody | Custodial (platform holds funds) |
| Currencies / quote | EUR, USDT, BTC |
| KYC | Full |
| Supported countries | EEA, APAC, LATAM, MENA, AFRICA · 180+ countries |
| OAM Italy registration | Yes |
| Segment | B2C |
| Past incidents | $4.3B DOJ settlement (2023) · CZ convicted · Banned for UK retail / Netherlands / Canada |
| Funding / solidity | 200M+ users · $1B+ SAFU fund · $4.3B DOJ fine (2023) |
| MiCA / License status | AMF (FR)OAM (IT)Bank of SpainVARA (Dubai) Local licences: AMF (FR), OAM (IT), Bank of Spain, VARA (Dubai) |
Plans & pricing
Strengths
- #1 spot volume worldwide (~$8.5B/24h) and 400+ cryptos
- 0.10% trading fees (0.075% with BNB)
- SAFU insurance fund of over $1B
Weaknesses
- $4.3B DOJ settlement (2023) and CZ convicted
- Aggressive KYC and fragmented corporate structure
- Operations banned or restricted in some markets (UK retail, NL, CA)
Verdict
Binance is the world's number-one spot exchange by volume (around $8.5B/24h), with over 400 cryptos, 0.10% trading fees (0.075% paying in BNB) and a SAFU insurance fund of over $1B. Its operational strength sits alongside a heavy legal history (a $4.3B DOJ settlement in 2023) and a fragmented corporate structure.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
FAQ
How much does trading on Binance cost?
The standard spot fee is 0.10%, dropping to 0.075% when paying fees in BNB; high-volume VIP users pay much less.
Is Binance regulated in Italy?
Binance is registered with the OAM register in Italy and holds local licences in various countries, but remains subject to restrictions in some markets.
Sources
- Official service page Data verified on Jun 1, 2026
- Verified source Data verified on Jun 13, 2026
- Verified source Data verified on Jun 13, 2026
Update history
- Entry rebuilt from the v2 canonical dataset (manually verified record).