Binance Review (2026)
Our verdict: 4.3 / 5
Binance is the world's largest exchange by volume, with the deepest liquidity, the widest coin selection and some of the lowest fees anywhere. The trade-offs are a sprawling, intimidating interface and a long history of regulatory run-ins — availability and features vary a lot depending on where you live.
How it scores
👍 Pros
- Lowest trading fees of the major exchanges
- Huge coin selection and deep liquidity
- SAFU insurance fund for users
- Powerful tools for advanced traders
👎 Cons
- Interface overwhelms beginners
- Regulatory restrictions vary by country
- Customer support can be slow
- Past run-ins with regulators worldwide
How it compares
| Feature | Binance | Coinbase | Kraken |
|---|---|---|---|
| Our score | 4.3 | 4.5 | 4.5 |
| Maker/taker fee | 0.10% / 0.10% | 0.40% / 0.60% | 0.25% / 0.40% |
| Coins listed | 350+ | 240+ | 200+ |
| Beginner friendly | Moderate | High | Moderate |
| Regulatory standing | Mixed | Strong | Strong |
| Best for | Low fees & choice | Beginners | Security-minded |
How we tested
We ran a verified Binance account for several weeks, depositing by bank transfer and card, placing spot trades, and testing withdrawals to a hardware wallet. We checked fee tiers, two-factor setup and the mobile app. Scores weight security and fees most heavily, then everyday usability. We open and fund our own accounts — Binance does not influence our verdict.
FAQ
Is Binance available in my country?
It depends. Binance operates differently across regions, and some features (or the platform entirely) are restricted in places including parts of the US and, at times, the UK. Always check what's legally available where you live before signing up.
Should I leave my crypto on Binance?
For active trading or small sums it's convenient, but the exchange holds your keys, so it isn't true self-custody. For anything you'd be upset to lose, withdraw to your own wallet — see how to store Bitcoin safely.