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Binance — What You Need to Know About Binance

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P2PFuturesOptionsCard100xKYC
Create AccountUp to 100 USDT bonus
Binance referral code:BINEXPART-5% trading fee

Is Binance Worth Using?

4.9
BinExpart score / 5

Binance is the world's largest crypto exchange by volume and the liquidity benchmark. BinExpart rates it 4.9 out of 5: maximum market depth, the broadest ecosystem (BNB Chain, Launchpad, Earn, Megadrop), hundreds of trading pairs. It best suits active traders who need the best execution prices and those who want to join new listings and staking through one platform. Main limitations — mandatory KYC, smaller welcome bonuses than competitors, and regulatory restrictions in some countries. For CIS users functionality may partly depend on region.

Security
8/10
Fees
9/10
Liquidity
10/10
Derivatives
9/10
Service
8/10

About the Exchange

Binance is the world's largest crypto exchange by trading volume, founded in 2017 by Changpeng Zhao (CZ). The platform serves over 250 million users. The ecosystem includes BNB Chain, Binance Earn, Launchpad, NFT marketplace, and academy. In 2025, the company is led by co-CEOs Richard Teng and Yi He.

Key Parameters

Founded
2017
Headquarters
No official headquarters (global company)
Founder
Changpeng Zhao (CZ) & Yi He
Users
250 000 000+
Coins
400+
Spot
Yes
Futures
Yes
Options
Yes
Margin Trading
Yes
Max Leverage
100x
P2P
Yes
Card Purchase
Yes
KYC
Yes
Copy Trading
Yes
API
Yes
Trading Bots
Yes
Mobile App
Yes
Proof of Reserves
Yes

Regional Availability

Instruments & Features

Complete ecosystem: spot, margin, futures, options, Binance Earn (staking, savings), Launchpad/Launchpool (new tokens), NFT, Copy Trading. Trading bots: Grid, Rebalancing, TWAP. Professional API.

Spot, Futures, Options

Spot

Over 400 cryptocurrencies and 1500+ trading pairs. Highest market liquidity. All order types. 25% discount when paying fees with BNB.

Futures

USDT-M and COIN-M perpetual and quarterly contracts. Up to 100x leverage (up to 50x on quarterly). Cross and isolated margin.

Options

Options on BTC and ETH. European style. USDT-settled. Suitable for position hedging.

Start Trading Binance

P2P & Card Purchase

World's largest P2P marketplace: 100+ payment methods, RUB, UAH, KZT support. Zero-fee trading, fast deals, built-in escrow service.

Direct crypto purchase with Visa/Mastercard. Apple Pay and Google Pay support. Fee from 1.8%. Binance Card for real-world payments.

Fees

Spot trading: 0.1% maker / 0.1% taker. BNB payment gives 25% discount. Futures: 0.02% maker / 0.04% taker. VIP tiers significantly reduce fees.

Spot
0.1%
Futures
0.02%

Bonuses & How to Get

Up to 100 USDT for new users. Bonuses for first deposit and trading tasks. Regular promotions via Binance Launchpad and Earn.

How to get the bonus:

  1. 1Register via referral link
  2. 2Complete mandatory KYC verification
  3. 3Make your first deposit
  4. 4Complete trading tasks in Task Center
Get Bonus — Up to 100 USDT

Who Is It For

All trader categories — from beginners to institutional
Those who value maximum liquidity
BNB ecosystem users

Pros & Cons

✅ Pros

  • Highest market liquidity
  • BNB ecosystem (Launchpad, Earn, NFT)
  • 400+ cryptocurrencies
  • Largest P2P marketplace
  • Maximum security and insurance

❌ Cons

  • Mandatory KYC verification
  • Smaller welcome bonuses than competitors
  • Regulatory restrictions in some countries
  • Interface complex for beginners due to feature overload

FAQ

Go to Registration — Binance

Up to 100 USDT bonus when registering through our link

Go to Registration

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Review prepared by

Mark Green

Crypto analyst, trading since 2018. BinExpart reviews are based on hands-on testing of each exchange — from registration to withdrawal.