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Binance

Binance is a leading cryptocurrency exchange known for its extensive market offerings and user-friendly platform.

Founded
2017
Markets
1,357

About Binance

Founded in 2017, Binance has quickly established itself as the largest cryptocurrency exchange globally by both user base and trading volume. With access to over 1,350 markets and a broad selection of supported fiat currencies, Binance caters to a diverse range of trading needs. The platform has expanded beyond basic trading to include various services such as wallets, educational resources, and payment solutions, making it a comprehensive ecosystem for cryptocurrency enthusiasts.

Binance was co-founded by Changpeng Zhao and Yi He, both of whom brought significant experience from the financial and tech industries. The exchange has seen rapid growth since its launch, becoming a central hub for cryptocurrency trading and investment. Its competitive fee structure and wide array of features position Binance as a key player in the digital asset space.

Pros

  • Wide range of supported cryptocurrencies and trading pairs.
  • Competitive trading fees and multiple fiat options.

Cons

  • Access may be limited in certain jurisdictions.
  • Complexity of services may overwhelm new users.

Fees

maker fee
0.02%
taker fee
0.04%

CoinMarketCap's own reported average fee, not the exchange's published tiered schedule.

Trading Features

Spot trading
Yes

Frequently Asked Questions

What are the trading fees on Binance?

Binance charges a maker fee of 0.02% and a taker fee of 0.04%.

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AIA Exchange

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Availability, fees and regulatory status vary by jurisdiction and change over time. Always confirm current terms directly on the exchange before trading.

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