Binance was founded back in 2017 and is considered the best crypto exchange by many of its users. With over 350 tradable cryptos, a dedicated mobile app, 24/7 customer support and plenty of security features, it’s easy to see why. Find out more about what our experts thought, below.
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Traders can buy, sell and hold over 350 cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Dash and Cardano.
Binance uses a white, gold and black theme throughout that ensures all text and key areas of the site are identifiable. Important tabs are easy to locate, the registration process is extremely straightforward and there is an abundance of accessible information regarding Binance across the site, too.
| Regular User | Sign up and register with Binance for free to access low fees and over 350 tradable cryptocurrencies |
| VIP 1-9 | VIP levels are dependent on trading volume and will open up various perks, including a dedicated account manager, VIP customer support, access to events and lower fees. |
| Enhanced personalisation and charting tools | Ability to personalise charts and make use of a great range of tools, including EMA, Bollingers, and various alternative indicators. |
| Learn and earn | Traders can complete short quizzes on cryptocurrency and build their understanding, and portfolio, along the way! |
| Range of order types | Place a stop order, take profit order, stop-limit order, trailing stop and stop-market order. |
| Binance Academy | Free resources and educational articles that will help bolster your knowledge on crypto assets and terminology. |
Users can select a wide range of crypto to transfer across their preferred network. Crypto can also be purchased using Visa, Mastercard and various other fiat options.
| Minimum deposit | Varied depending on asset type |
| Deposit fee | None |
| Inactivity fee | N/A |
| Account fee | N/A |
| Maximum leverage | 1:20 |
| Overnight fee | N/A |
| Minimum withdrawal | Varied depending on asset type |
Users can get in contact with dedicated agents 24/7 by submitting an online ticket, sending an email, opening live chat or visiting the self-help and FAQ sections of the site.
Binance Markets Limited is regulated by the FCA for limited trading activities. The site also makes use of the latest encryption technology and provides 2FA to all of its users.
Yes, traders can access their full portfolios and trade freely using desktop, iOS and Android applications.
Yes, traders can enjoy rewards of up to £100.
You can sign up using an email address, Google, Apple or with a phone number.
Currently, there are over 120 million users
Regardless of whether they are a regular or VIP, Binance offers plenty of perks to its users. The trading experience is a little more complex than other platforms; however, it can certainly stake a claim for the title of best crypto exchange 2024. The chance to access your full portfolio and trade on the go is a real highlight for us, too – and who doesn’t love low trading fees?
Binance’s security measures are exceptional. I’m always confident my funds and personal information are safe on the platform. The platform also has a user-friendly interface, and it’s easy to navigate to different sections.
Binance offers a wide range of cryptocurrencies to trade, including some of the lesser-known ones. This makes it a great platform for traders looking to diversify their portfolios. I’ve also found their customer support to be quite helpful.
Having used Binance for some time, I can attest to the platform’s reliability and the sophistication of its trading features. The platform provides a range of technical analysis tools and allows for trading with leverage. This has helped me to make more informed trades and maximize profits.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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