Binance

CEXHQ: KY (global) / regional entities

Regulation Score 7.3 / 10Trust Index 8.4 · Offering Index 8.7

blocks US usersKYC requiredhigh leveragespotderivativesmarginfiat onrampdemo modestakingapiMiCA licensedpasskey

Regulation

Multiple EU MiCA CASP registrations (e.g. BaFin DE) (EU) · MiCA_CASP · active · tier1

Fees & products

Spot maker/taker: 0.1% / 0.1%
Crypto withdrawal (sample): BTC 0.00002, ETH 0.0006, USDT-TRC20 1.0
Spot assets: ~400
Max leverage: 125x
Fiat onramp: card, bank_transfer, SEPA, P2P
KYC for trading: id

Geo-restrictions

IP-based block: Access is technically blocked for listed countries - right at the gate.

US users directed to Binance.US (separate entity)

Security & reserves

Proof of reserves: merkle_liabilities
No incidents on record.

Known downsides

Complex regulatory history; product availability differs heavily per region (med)
High product complexity for beginners (hundreds of features) (low)

Sources & verification

Binance terms & fee page (archived) (OFF) · accessed 2026-10-02 · source
ESMA/MiCA register - Binance EU entities (REG) · accessed 2026-10-02 · source
US DOJ press release - Binance resolution (2023) (INC) · accessed 2026-10-02 · source

Verified: 2026-10-02 · Next review: 2027-01-02 · Reviewer: editor