Binance
The world's largest exchange by volume. Deep liquidity, low fees, and the broadest asset selection available.
centralized
Proof of Reserves
Mobile App
Best For
Experienced traders outside the US who want deep liquidity and low fees
Pros
- Lowest trading fees
- Largest asset selection
- Deep liquidity
- Advanced trading tools
Cons
- Not available in the US
- Complex interface for beginners
- Regulatory scrutiny in multiple jurisdictions
- Customer support inconsistency
Key Information
- Type
- centralized
- Maker Fee
- 0.10%
- Taker Fee
- 0.10%
- Proof of Reserves
- Yes
- Mobile App
- Yes
- Staking
- Available
Deposit Methods
bank transfer
debit card
credit card
crypto
p2p
Frequently Asked Questions
Is Binance safe?+
Binance is a regulated exchange with published proof of reserves, meaning you can verify they hold the assets they claim. No exchange is 100% safe — consider moving large holdings to a self-custody wallet after purchasing. Enable 2FA and withdrawal whitelisting for extra security.
Is Binance good for beginners?+
Binance is oriented more toward experienced traders. Beginners may find the interface complex. If you're new to crypto, start with small amounts and use the "simple" buy interface if available.
What are Binance's fees?+
Binance's fees vary by trade type and volume. Check the "Key Information" section above for current maker/taker rates. Many exchanges also charge different fees for their "simple" vs "advanced" trading interfaces — the simple interface is usually more expensive. Always check the fee schedule on Binance's website before trading.
Should I keep my crypto on Binance?+
For active trading, keeping funds on Binance is practical. For long-term holding or large amounts, move crypto to a self-custody wallet. Exchanges can freeze accounts, get hacked, or face regulatory issues. The safest approach: buy on the exchange, then transfer to your own wallet.