Binance: verified facts and rating
Checked 2026-10-30
Score breakdown
86% backed by facts · How we rank
Binance against the market
The dot is the company, the line is the median of all companies in this ranking.
Taker fee (spot, base tier)0.1%1.2%0.1% · median 0.2%
Maker fee (spot, base tier)0.1%0.6%0.1% · median 0.1%
Binance strengths and weaknesses
Pros
- Low base spot trading fee
- Wide choice of cryptoassets
- Publishes proof of reserves
- A licence or registration with a financial regulator is stated on the site or in a register
Cons
- Not in the EU MiCA register or the NYDFS list
All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Financial regulator licence | Yes | binance.com | 2026-10-29 |
| Proof of reserves | Yes | binance.com | 2026-10-29 |
| Cold storage of customer funds | Not verified | — | |
| Hardware security keys / passkeys | Yes | binance.com | 2026-10-29 |
| Insurance or user protection fund | Yes | binance.com | 2026-10-29 |
| Taker fee (spot, base tier) | 0.1% | binance.com | 2026-10-29 |
| Maker fee (spot, base tier) | 0.1% | binance.com | 2026-10-29 |
| Cryptoassets | 600 | binance.com | 2026-10-29 |
| Fiat currencies | Not verified | — | |
| App Store rating | 4.7★ | itunes.apple.com | 2026-10-29 |
| App Store ratings | 121,062 | itunes.apple.com | 2026-10-29 |
| Founded | 2017 | binance.com | 2026-10-29 |
| Listed company or audited financial statements | Not verified | — | |
| Parent company | Not verified | — | |
| EU MiCA or New York licence | No | esma.europa.eu | 2026-10-30 |