volume_2025_label
$34 Trillion
registered_users
300M+
safu_fund
$1 Billion
global_licenses
21+
Our Verdict: 4.8 / 5
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Pros & Cons
what_we_like
- lowest_trading_fees_in_the
- deepest_liquidity_globally_minimal_slippage
- 350+ tradeable cryptocurrencies with 1,500+ trading pairs
- comprehensive_product_suite_spot_futures
- $1 billion SAFU emergency insurance fund
- free_eur_deposits_via_sepa
- binance_earn_offers_staking_savings
what_could_be_better
- overwhelming_interface_for_complete_beginners
- some_features_restricted_by_jurisdiction
- customer_support_can_be_slow
- past_regulatory_challenges_created_uncertainty
- mandatory_kyc_required_for_all
Binance Fees: The Lowest in the Market
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| Product | Maker Fee | Taker Fee | Notes |
|---|---|---|---|
| spot_trading_product | 0.10% | 0.10% | spot_25_off_bnb |
| usdc_m_futures_product | 0.02% | 0.05% | mica_compliant_for_eu_traders |
| coin_m_futures_product | 0.01% | 0.05% | settled_in_crypto |
| options_product | 0.03% | 0.03% | european_style_options |
| sepa_deposit_product | free_label | free_label | eur_bank_transfer |
| sepa_instant_product | free_label | free_label | near_instant_eur_deposit |
| card_deposit_product | 1.8% | — | visa_mastercard |
| crypto_withdrawal_product | varies_label | — | network_fee_only |
BNB fee discount: binance_bnb_fee_discount_detail
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Security: How Safe Is Binance?
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$1B SAFU Insurance Fund
The Secure Asset Fund for Users is a self-funded emergency reserve. In 2025, Binance converted the SAFU to Bitcoin to better align with user assets. During the 2019 hack (7,000 BTC stolen), the SAFU fund fully reimbursed all affected users within 24 hours.
Cold Storage (90%+ Assets)
Over 90% of user funds are stored in offline cold wallets using multi-signature technology. Hot wallets hold only what's needed for withdrawals, minimizing exposure.
Proof of Reserves (Monthly)
Binance publishes verifiable Proof of Reserves using Merkle tree snapshots, allowing users to independently verify that the platform holds 1:1 reserves for all customer deposits.
Advanced Risk Monitoring
Real-time risk engines monitor for suspicious activity, abnormal withdrawals, and account compromises. Binance's compliance team recovered $9.2 million in stolen funds for users in 2025.
User-side security: Binance supports hardware key (YubiKey) 2FA, SMS, Google Authenticator, email confirmation for withdrawals, address whitelisting, and anti-phishing codes. We strongly recommend enabling all of these — see our crypto security guide for best practices.
Supported Cryptocurrencies
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binance_derivatives_intro_fragment300+ USDT-margined futures contractsbinance_derivatives_list_separatorUSDC-margined futures, and 50+ COIN-margined contracts, plus European-style options on BTC and ETH. Since USDT is restricted for EU users under MiCA regulationsbinance_usdc_futures_eu_importance
binance_fiat_support_intro_fragmentEUR, USD, GBP, AUD, BRL, TRY, and 40+ other currencies via bank transfer, card, or P2P. European users benefit from free SEPA deposits and withdrawals. Read our guide to buying crypto with EUR for details.
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Trading Features & Products
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Spot Trading
The core product. Buy and sell 350+ cryptocurrencies with real-time order books, advanced charting (TradingView integration), and order types including limit, market, stop-limit, OCO, and trailing stop. The interface supports both a simple buy/sell view for beginners and a pro trading terminal.
Futures & Perpetual Contracts
Binance Futures is the world's largest crypto derivatives venue. Traders can go long or short with up to 125x leverage on USDC-margined and COIN-margined perpetual contracts. USDC-margined futures are fully MiCA-compliant, making them the preferred choice for EU traders. The platform processed over $15 trillion in futures volume in 2025 alone. For a deep dive, see our Binance Futures guide. → Binance Futures Guide
Options Trading
European-style options on BTC and ETH with various expiry periods. Options give traders the right (but not obligation) to buy or sell at a specific price, enabling advanced hedging and income strategies. See our options explainer for more. → Crypto Options Guide
Margin Trading
Borrow funds to trade with up to 10x leverage on cross or isolated margin. Useful for amplifying spot trading positions. Understand the risks in our margin trading guide. → Margin Trading Guide
Copy Trading
Follow and automatically replicate the trades of top-performing traders. Binance Copy Trading supports both spot and futures strategies, with transparent performance metrics and customizable risk settings. → Copy Trading Guide
Trading Bots
Built-in trading bot suite including Grid Bot, DCA Bot, Rebalancing Bot, and Arbitrage Bot. No coding required — configure strategies directly in the app. Great for passive income generation and systematic trading. → Trading Bots Guide
Binance Earn
A one-stop yield platform offering Simple Earn (flexible and locked staking), Dual Investment, Liquidity Farming, and BNB Vault. APYs vary by asset and lock-up period. Staking ETH, SOL, and DOT are among the most popular products.
Binance Launchpad & Launchpool
Exclusive access to new token launches. Launchpad allows BNB holders to participate in initial exchange offerings (IEOs), while Launchpool lets users farm new tokens by staking BNB, TUSD, or FDUSD. Many top-performing altcoins launched through this program.
Binance Alpha 2.0
Launched in 2025, Alpha 2.0 surpassed $1 trillion in trading volume with 17 million users, serving as a discovery platform for early-stage Web3 projects and on-chain trading opportunities.
Binance Pay & Card
Send and receive crypto payments globally with zero fees via Binance Pay. The Binance Card (Visa) allows spending crypto at 60 million+ merchants worldwide, with automatic conversion to fiat at the point of sale.
Mobile App Experience
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binance_app_features_intro_fragmentTradingView chartingbinance_app_features_detail
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Regulation & Compliance
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- ADGM Authorization (Abu Dhabi) binance_adgm_license_note
- MiCA Compliance (EU) binance_mica_compliance_note
- 21+ Global Licenses — Operating licenses secured across Europe, Middle East, Asia-Pacific, and South America.
- Mandatory KYC binance_mandatory_kyc_note
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MiCA Compliance: What It Means for EU Traders
binance_mica_framework_intro_fragmentMarkets in Crypto-Assets Regulation (MiCA) binance_mica_eu_entity_detail
key_mica_protections_for_binance
- Segregated Custody binance_asset_segregation_rule
- Reserve Requirements binance_stablecoin_reserve_rule
- Transparent Marketing binance_advertising_risk_warning_rule
- Complaint Handling binance_dispute_resolution_rule
- Governance Standards — Management must meet "fit and proper" requirements, with mandatory internal controls and risk management frameworks.
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one_of_the_most_impactful restriction on non-compliant stablecoins. Tether's USDT does not meet MiCA's reserve transparency and licensing requirements, which means EU-based traders cannot use USDT binance_regulated_platforms_fragment
binance_in_practice_intro
- USDT spot pairs are unavailable for EU accounts — use USDC or EUR pairs instead.
- USDT-margined futures binance_usdt_restricted_fragmentUSDC-margined futures binance_usdc_compliant_alternative
- USDC (Circle) binance_usdc_eu_stablecoin_preferred
- EUR-denominated trading binance_eurc_sepa_alternative
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What MiCA Does NOT Cover
binance_mica_not_covered_intro
- DeFi protocols binance_mica_defi_exclusion
- NFTs — Unique digital assets are generally exempt unless they resemble financial instruments.
- Price guarantees binance_mica_no_market_risk_cover
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Binance vs Competitors (EU Focus)
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| Feature | Binance | Bitvavo | Kraken | Bitpanda |
|---|---|---|---|---|
| spot_fee | 0.10% | 0.25% | 0.25% | 1.49% |
| futures_fee | 0.02% / 0.05% | — | 0.02% / 0.05% | — |
| coins_listed | 350+ | 200+ | 200+ | 400+ |
| futures_contracts | 300+ | — | 100+ | — |
| max_leverage | 125x | — | 50x | — |
| copy_trading | ✓ | — | — | — |
| trading_bots | ✓ | — | — | — |
| insurance_fund | $1B SAFU | DNB regulated | PoR only | FMA licensed |
| mica_licensed | ✓ | ✓ | ✓ | ✓ |
| free_sepa | ✓ | ✓ | ✓ | ✓ |
| usdc_futures | ✓ | — | ✓ | — |
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Who Is Binance Best For?
Best For
- Active traders binance_good_for_low_fees_liquidity
- Derivatives traders binance_good_for_derivatives_traders
- European users binance_good_for_mica_eur_deposits
- Yield seekers binance_good_for_staking_defi_users
- Crypto-native users binance_good_for_full_ecosystem_users
Not Ideal For
- Complete beginners who may find the interface overwhelming (though "Lite" mode helps)
- US-based traders binance_good_for_us_limited_access
- Privacy maximalists binance_not_for_non_kyc_users
- Ultra-conservative investors binance_not_for_btc_hodl_simple
How to Get Started on Binance
- Create your account — with your email address. The process takes under 2 minutes.
- Complete KYC verification binance_step_kyc_id_verification
- Deposit EUR via SEPA binance_step_sepa_deposit
- Start trading binance_step_first_crypto_purchase
- Enable security features — Set up 2FA, anti-phishing code, and withdrawal address whitelisting. Read our security guide for full setup instructions.
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The BNB Token
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- 25% trading fee discount on spot and margin trades when paying fees in BNB
- launchpad_launchpool_access — Stake BNB to earn new token allocations
- Gas token for BNB Chain binance_bnb_defi_nft_use_case
- Binance Pay binance_bnb_payments_p2p_use_case
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Customer Support
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Final Verdict
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Start Trading on Binance Today
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Frequently Asked Questions
Is Binance safe to use in 2026?+
What are Binance's trading fees?+
Is Binance available in the EU?+
How many users does Binance have?+
Can I trade futures on Binance?+
Does Binance have a mobile app?+
What is the Binance SAFU fund?+
How does Binance compare to Bitvavo?+
Related Guides
Ad · Digital asset prices are subject to high market risk and price volatility. Don't invest unless you're prepared to lose all the money you invest. Terms