Can I use Binance in Russia?

Binance officially wound down its Russia business in 2023 (sale to CommEX). Ruble P2P is closed and there is no direct support for Russian users. We do not recommend Binance as a primary exchange for Russian users — consider other exchanges from our ranking.

What are Binance fees?

Base spot fee is 0.1% (25% discount with BNB). Futures are 0.02% maker / 0.05% taker (10% discount with BNB). VIP status provides additional discounts.

Is KYC mandatory on Binance?

Yes, since 2021 KYC is mandatory for all users. Without verification, you cannot trade, deposit, or withdraw funds.

Binance — What You Need to Know About Binance

Most PopularUnavailable in Russia

P2PFuturesOptionsCard125xKYC

Data checked: 17 October 2026

Create AccountUp to 100 USDT bonus

Binance referral code:BINEXPART-5% trading fee

Is Binance Worth Using?

4.2

BinExpart score / 5

Binance is the world's largest crypto exchange by volume and the liquidity benchmark. BinExpart rates it 4.2 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 · 25%

9/10

Fees · 20%

8.5/10

RU/UA/BY/KZ access · 20%

7.5/10

Liquidity & products · 15%

10/10

KYC & sign-up · 10%

7/10

Support & UX · 10%

8/10

How we calculate the score

About the Exchange

Binance is the world's largest crypto exchange by trading volume, founded in 2017 by Changpeng Zhao (CZ). By mid-2026 the platform serves over 323 million users. The ecosystem includes BNB Chain, Binance Earn, Launchpad, NFT marketplace, and academy. Since December 2025, the company has been 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

323 000 000+

Coins

400+

Spot

Yes

Futures

Yes

Options

Yes

Margin Trading

Yes

Max Leverage

125x

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 125x leverage on BTC/ETH-USDT for aged/eligible accounts (new accounts start lower and scale up over time). 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, supporting UAH, KZT and dozens of other currencies. Ruble P2P has been closed since 2023. 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 a 25% spot discount. Futures: 0.02% maker / 0.05% taker (0.018%/0.045% with the BNB −10% discount, applies to USDT-M/ETH-M/USDC-M only, not COIN-M). VIP tiers reduce fees further.

Spot

0.1%

Futures

0.02%