Binancevs
CoinGecko
CoinGecko: Major regulated exchange with global accessibility and strong security practices, avoiding Binance's regulatory issues
Binance
The world's leading cryptocurrency exchange
As of 30 August 2026, Binance is free to use. Binance is the world's largest cryptocurrency exchange by trading volume, offering a comprehensive ecosystem for trading, staking, DeFi, and NFTs. Softwr lists it under Crypto. Binance is made by Binance Holdings Ltd., launched in 2017, available on Web, iOS, Android.
Overview
What Binance does
Binance is the world's largest cryptocurrency exchange by trading volume, offering a comprehensive ecosystem for trading, staking, DeFi, and NFTs. It supports hundreds of cryptocurrencies and provides advanced trading features including spot, margin, and futures trading.
What people use it for
- Exchanges
- Trading
- Defi
The honest half
Where it falls short
Concrete and checkable, so you can decide whether any of them matter to you. This is the half of a review a vendor will not write about Binance.
- Unavailable to EU users after failing MiCA fit-and-proper test on July 1, 2026
- Restricted access in roughly two dozen jurisdictions globally with ongoing regulatory pressures
- Derivatives restrictions in Europe, UK, and Australia due to regulatory requirements
- US residents face significant restrictions and must use limited Binance.US platform
- Withdrawal times in allowed US states extend to 72 hours versus minutes elsewhere
- Past violations including failure to file suspicious activity reports and processing transactions for sanctioned jurisdictions
Cross-shopped
What people choose instead of Binance
Each pairing was judged by two reviewers asking whether a buyer would genuinely weigh the two against each other. The ones that failed were deleted rather than published.
- BinancevsGemini
Gemini: Regulated US-focused cryptocurrency exchange with strong regulatory compliance avoiding Binance's restrictions
- BinancevsGate.io
Gate.io: Top-rated Binance alternative with strong customer support and low fees as Binance faces EU MiCA restrictions
- BinancevsKuCoin
KuCoin: Cryptocurrency exchange with diverse altcoin selection and competitive derivatives offerings
- BinancevsBybit
Bybit: Fast-growing derivatives exchange founded in 2018, recognized for innovative trading features and execution performance
Pricing
What Binance costs
Taken from the vendor's own pricing page. Prices move, so check before you buy.
Standard
Free
- Spot trading
- Staking
- Savings
VIP
Free
- Reduced fees
- Priority support
- API limits increase
Capabilities
Features
Spot Trading
Futures Trading
Margin Trading
Staking
Launchpad
Binance Chain
Integration with Binance Chain
Trust Wallet
Integration with Trust Wallet
Binance Pay
Integration with Binance Pay
Web support
Available on web
Ios support
Available on ios
Android support
Available on android
Desktop support
Available on desktop
Answered, with sources
Questions people ask
Each answer names the page it came from, so you can check it rather than take our word for it.
Is Binance available in the EU as of 2026?
No, Binance withdrew its MiCA license application in Greece on June 24, 2026, days before the July 1 deadline, and can no longer legally offer services to EU users. New registrations are halted and existing customer services have been suspended.
SourceWhat are the restrictions on US residents using Binance?
US residents must use the limited Binance.US platform. Residents of New York, Hawaii, Idaho, and Vermont cannot use the platform at all. In allowed states, withdrawal times extend to 72 hours with significantly smaller cryptocurrency selection.
SourceBehind it
Who makes Binance
- Company
- Binance Holdings Ltd.
- Based in
- Cayman Islands
Timeline
Binance over time
- Milestone2024-06-01
Changpeng Zhao completed four-month prison sentence
Source - Acquisition2023-11-01$4.3bn
Binance and founder CZ reached US settlement of $4.3 billion, CZ resigned as CEO
Source - Milestone2018-01-01
Binance became the largest crypto exchange by trading volume within its first year
Source - Founded2017-07-01
Binance founded by Changpeng Zhao, who raised money through BNB Initial Coin Offering
Source
Keep looking
Where to go from Binance
- Binance alternativesEvery product people weigh against it
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- Binance badgesWhich rules it meets, and the figure behind each
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Compare Binance with
- Huobi
- Gate.io
- KuCoin
- MEXC
- Phemex
- TradingView
- Bybit
- OKX
- Bitfinex
- Bitget
- Bitstamp
- FTX
- MakerDAO
- SushiSwap
- Alchemy
- Argent
- OKX
- Bitfinex
Other Crypto software
Softwr does not host reviews and shows no star rating for Binance, because a rating we did not collect is not ours to publish. What is here is the pricing and platform detail from the vendor’s own pages, limitations we could state concretely, and alternatives a reviewer confirmed people weigh against it. Tell us if any of it is wrong.
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