Binance
Founded 2017 · Cayman Islands
24H Volume
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30D Volume
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Trading Pairs
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Listed Coins
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About Binance
Binance is the world's largest cryptocurrency exchange by trading volume, processing billions of dollars in daily transactions. Founded in 2017 by Changpeng Zhao (CZ), Binance has grown to become the dominant force in crypto trading, offering an extensive range of trading pairs and financial products.
The platform is known for its deep liquidity, competitive fees, and comprehensive ecosystem that includes spot trading, derivatives, staking, lending, and its own blockchain (BNB Chain). Binance serves users globally, though it is not available to US residents who must use the separate Binance.US platform.
Fee Schedule
Last updated: 2024-12-01
| Tier | Maker Fee | Taker Fee | Volume Requirement |
|---|---|---|---|
| Regular | 0.10% | 0.10% | < 1M USDT |
| VIP 1 | 0.09% | 0.10% | ≥ 1M USDT |
| VIP 2 | 0.08% | 0.10% | ≥ 5M USDT |
| VIP 3 | 0.07% | 0.08% | ≥ 20M USDT |
| VIP 4 | 0.05% | 0.06% | ≥ 100M USDT |
Fees shown are for spot trading. 25% discount available when paying with BNB.
Strengths
- Deepest liquidity in the market
- Lowest trading fees for high-volume traders
- Extensive selection of trading pairs (1500+)
- Comprehensive ecosystem (futures, options, staking, etc.)
- 24/7 high liquidity across all sessions
Considerations
- Not available to US residents
- Regulatory uncertainty in some jurisdictions
- Complex interface may overwhelm beginners
- Customer support can be slow during peak times