Binance
The world's largest cryptocurrency exchange by trading volume with the lowest fees.
#1 Global
BitScout Verified
Tested by our team
Trading Fee
0.10%
Cryptos
400+
Fiat Currencies
50
Employees
8,000
Founded
2017
United Arab Emirates
About Binance
Binance is the world's largest cryptocurrency exchange by trading volume, founded in 2017 by Changpeng Zhao (CZ). The exchange offers over 400 cryptocurrencies and some of the lowest trading fees in the industry. Note: Binance is not available in the United States. US residents should use Binance.US instead. Binance offers a comprehensive ecosystem including spot trading, futures, options, margin trading, staking, lending, and its own blockchain (BNB Chain). The BNB token provides fee discounts and additional benefits. The exchange has faced regulatory challenges in multiple countries but continues to expand its compliance efforts globally.
Pros
- Staking available
- Derivatives trading
- Mobile apps available
- Live chat support
- Low trading fees
- 400+ cryptocurrencies
Cons
- No phone support
Features & Services
Staking
Derivatives
Margin
NFTs
Available Platforms
Web iOS Android Desktop
What We Tested
Account Creation
KYC verification process
Deposit Test
Fiat & crypto deposits
Withdrawal Test
Speed & fees verified
Trading Experience
UI, execution, tools
Customer Support
Response time & quality
Company Info
Legal NameBinance Holdings Ltd.
HeadquartersDubai, UAE
CEORichard Teng
StatusPRIVATE
Best For
Low FeesAltcoinsAdvanced Trading