Binance
Founded 2017, headquartered in Cayman Islands. Does not serve US residents. Identity verification is mandatory.
Fees
| Spot maker | 0.1% |
| Spot taker | 0.1% |
| Futures maker | 0.02% |
| Futures taker | 0.05% |
| Discounts | BNB pays 25% less; 0.075% with BNB |
| Fiat deposit methods | Bank transfer, Card, P2P |
Base tier, no VIP level, no token discount. Checked 2026-09-14 — verify on the official fee page. Work out what this costs you with the fee calculator.
Is Binance available in your country?
Restricted: United States, Canada, United Kingdom (derivatives), Netherlands, Japan, Singapore (restricted).
Binance.com does not serve the US. Binance.US is a separate company with its own liquidity and coin list.
Availability changes with local regulation and can differ by product within one country. The exchange's own terms are the authority — this table is a starting point, checked 2026-09-14.
KYC
Full identity verification required before deposits.
Exchanges that advertise “no KYC” generally mean “no KYC until you withdraw a meaningful amount”. Assume verification will be required eventually, and do not build a plan around avoiding it.
Strengths
- Deepest liquidity of any venue
- Largest coin selection
- Lowest futures fees at base tier
Weaknesses
- Unavailable in several major markets
- Regulatory settlements in multiple jurisdictions
- Support is hard to reach at the free tier