The battle for crypto exchange supremacy between Binance vs is stiff. Both exchanges have impressive features, remarkable trade volumes, and a huge fanbase. In this article, we will explore how these two compare in terms of fees, liquidity, security measures, and customer service to help you determine which exchange is better for you. Read on to find out your go-to crypto platform!


Before breaking down what each cryptocurrency exchange is good at, we will start with a summary of what Binance and are known for. Here’s a summarized version of what each trading platform is about.
Native TokenBNBCRO
Number of Supported Tokens600+300+
Deposit MethodCredit cards
Debit cards
Bank transfers
E-wallets (PayPal and Advcash)
Peer-to-peer merchants.
Credit cards
Debit cards
Bank transfers pay
Minimum Trades$10No minimum
Trading Fees0.10% makers’ and takers’ fees that can reduce based on a trader’s 30-day transaction volume.0.05% to 0.06% makers’ and takers’ fees
Withdrawal FeesFluctuates based on network congestionFluctuates based on the coin and the withdrawal method
Withdrawal Limits0.05BTC for accounts with basic verification and 100BTC for accounts with advanced verification$50,000 daily or $500,000 monthly limit for ACH users based in the U.S.
Security2FA, Cold wallet storage and Federal Deposit Insurance Corporation (FDIC) for U.S. usersMFA, Cold Storage, and Insurance for all users.
KYC RequirementsValid government-issued ID.
Passport or driver’s License
Residence permit(for non-residents)
Must be 18 years old or 21 years old in UAE.
Valid government-issued ID
Passport or driver’s license
Working mobile number
Must be 18 years old
Customer SupportUses documentation in the support center, a chatbot, and customer support agents.Relies mostly on customer support agents.

About Binance:

Binance Overview

Binance is the world’s largest cryptocurrency exchange by trading volume. The platform is an instrument of BAM Trading Services that trades sums of up to $17,774,271,783 in 24 hours. When Chang Peng Zhao launched the platform in 2018, he couldn’t have imagined this kind of success was possible in the crypto space.

Chang, an esteemed developer and financial trader, started another company, Fusion Systems, in 2005. However, the platform’s success pales in comparison to Binance.

Today, Binance operates globally, processing derivative trading transactions worth at least $50 billion and spot trading options worth a minimum of $10 billion. These transactions come from the 600 coins and 1395 trading pairs available on the platform, and they keep soaring because of the exchange’s ease of use and accessibility.

Binance is accessible in multiple countries globally, apart from China, the U.K., Japan, and Malaysia. Besides this, it is easily accessible on various devices, including Windows, Mac, Linux, Android, and iOS devices.

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Binance Exchange

User Score



-10% Trading Fees


  • Supports more than 300 cryptocurrencies and 1395 trading pairs.
  • It has Binance Academy, which helps beginners understand who to trade more effectively,
  • Supports multiple trading options, including Binance spot, Binance futures, and Binance margin trading.
  • Generate extra income for users because of Ethereum staking features.


  • It is not available in the U.S. crypto market
  • Has a few struggles during verification.
  • Has a relatively high withdrawal fee.


Crypto Com Overview is one of the most popular crypto exchanges by trading volume. This exchange trades at least $390,591,303 daily and has over 70 million users worldwide.

The company first went by Monaco and launched in 2018 under the co-founders Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao. Despite the stiff competition from other exchanges, has grown steadily.

The platform is home to at least 300 coins and 492 trading pairs. Additionally, the platform has impressive security features and industry-standard levels of compliance that protect users from hacks or compromised privacy.

Besides this, is easily accessible to clients in the U.S. and at least 90 other countries in regions such as Europe, Latin America, and Asia. users can access the platform using their Windows, Mac, and Linux.

The platform also offers apps for iPhone and Android users. Additionally, traders can enjoy the Visa Card, which makes it possible to pay their bills using their crypto accounts and gives them CRO cashback rewards.

Haven’t got a account? Use our referral link to sign up for and get $25 USD. Logo

User Score



Earn $25 worth of sign-up bonus


  • It is accessible in the U.S.
  • Has top-notch security systems, insurance, and regulatory compliance certifications.
  • Has debit card payments using crypto or fiat currencies
  • Has low transaction fees
  • Great for crypto payments
  • Allows users to earn interest in crypto


  • Lacks educational resources
  • It has a complex user interface 
  • Poor customer service
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Binance vs

Trading Options

When it comes to trading options, Binance and have very similar services to offer. Both platforms support spot, futures, and margin trading. However, the main difference is evident in margin trading.

These two cryptocurrency exchanges offer leverage trading with at least 10x leverage. But, Binance’s leveraged trading option has more flexibility. The most distinct of these flexibilities is the platform’s multi-asset collateral feature. Let’s break this down a little.

A typical margin trade allows investors to borrow funds from the exchange to scale their investment in a given coin. Typically, investors need to put up some collateral as proof that they can refund the borrowed tokens.

On, these collaterals can only be the assets in question. For instance, if you borrow ETH, your wallet should have enough ETH as collateral to start a margin trade.

However, on Binance, you can have multiple assets serve as collateral. Ethereum, for instance, can serve as collateral for a Bitcoin trade. This flexibility makes it easier for traders to engage in margin trading on Binance.

Best exchange for trading options: Binance

Ease of Use

Ease of use is a key factor to consider when choosing a cryptocurrency trading platform. Traders should analyze how simple the platform’s user interface is, how easily they can find their way without much guidance, and how well-documented the platform’s features are. is a complex platform when compared to Binance. It is the kind of platform that suits more experienced crypto investors. The platform has multiple dashboards and complex features, which are great for advanced traders, but difficult for novice ones. 

Crypto Com User Interface

Binance, on the other hand, has a highly beginner-centric user interface. The platform is intuitive, and navigating it is easy. It still has significant features for complex trading, but the team has made them easier to understand.

Binance User Interface

Also, this exchange has a learning platform dubbed Binance Academy. At Binance Academy, traders can learn all about crypto, what Binance has to offer, and how to access Binance features easily. Overall, this makes Binance a better option where ease of use is concerned.

Best exchange for ease of use: Binance

New to Binance? Sign up here and use our referral code “NQ2WIF73” for a generous $100 Trading Fee Rebate and save 10% trading fees.

Binance Exchange

User Score



-10% Trading Fees

Supported Countries

Regional accessibility is another factor to consider when shopping around for a cryptocurrency exchange. An exchange may have excellent features, but if it is not accessible in your region, all its features are meaningless. 

Binance is a widely used cryptocurrency trading platform. The exchange is approved in multiple countries. However, it is not supported in the U.S., Ontario, Canada, or Singapore. The platform also has financial regulations in China, Malaysia, Thailand, the U.K., and Japan. Binance users in Germany, Italy, and the Netherlands can use the app, but certain features like derivatives trading are inaccessible.

On the other hand, is supported in 90 countries worldwide. One of these countries is the U.S. The platform is free from regulatory issues in multiple counties, which ensures that most of its features are accessible across supported states.

Best exchange for supported countries:

Trading Fees

Cryptocurrency exchanges charge varying fees for certain transactions. There are three main fees on cryptocurrency trading platforms, deposit, transaction, and withdrawal. These payments go towards maintaining the exchange and sometimes rewarding crypto liquidity providers on the platforms. 

Binance does not charge any deposit fees, but retail users may encounter gas fees or other transactional charges when transferring funds from other trading platforms to Binance. For transactions, Binance traders pay trading fees based on their 30-day transaction volume as listed on the exchange’s tiered fee structure.

Traders with volumes lower than $1 million can pay as much as 0.10% maker and taker fees per trade. However, the higher your transaction, the lower your fees. Top-tier traders have the lowest fees or even fail to have transaction charges.

When it comes to withdrawal fees, Binance users experience varying costs. The costs fluctuate based on the network’s congestion. The more congestion, the higher the cost, but you will see each withdrawal’s fee on the withdrawal page before you click withdraw. 

On the flip side, also charges zero deposit fees and has lower fees. The exchange charges only 0.05% to 0.06% makers’ and takers’ fees. Besides that, it may occasionally offer discounted trades, reducing the makers’ fee to negligible amounts. 

The withdrawal fees on depend on the currency you want to withdraw. It may also depend on the withdrawal method. For instance, withdrawing through the Visa Card may cost less if you have a top-tier debit card.

Best exchange for lower fees: Logo

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Transaction Limits

Traders should also analyze the platform’s limits when choosing a crypto exchange. These are the maximum or minimum amounts that their accounts can deposit or withdraw.

Binance deposit limits are dependent on account verification levels. Once users complete the initial verification level, they can instantly deposit a maximum of $5000. Ten days after verification, this amount can go up to $30,000. To raise deposit limits past the $30,000 mark, Binance users must successfully complete all verification procedures, from basic to advanced.

The withdrawal limits on Binance are almost identical to the deposit limits. Verified accounts can withdraw a maximum of 0.05 BTC within 24 hours of completing basic verification. From there, the maximum withdrawal amount is 100 BTC, which requires the successful completion of all verification stages. doesn’t explicitly indicate a deposit limit. However, it has an instant deposit feature via ACH for users in the U.S. This feature permits a $50,000 daily or $500,000 monthly limit. For withdrawals, users can withdraw a minimum of 0.003 BTC or a maximum of 10 BTC over 24 hours. 

Because of the different criteria used to determine limits, it is worth noting that there is no distinct winner for this. It all depends on a trader’s preferences. 

Best exchange for transaction limits: Draw

Deposit Methods

Binance and have a wide range of deposit and withdrawal methods. Traders can easily buy and sell cryptocurrency on Binance using a credit or debit card, bank transfers, e-wallets like Binance Chain Wallet, PayPal, and Advcash, or peer-to-peer merchants.

The supported payment methods on include credit and debit cards. Users can transfer funds directly to their bank accounts using their Visa cards or bank transfers. Additionally, has an in-app crypto payment system on its app. Generally,’s payment methods are more flexible.

Security Features

Binance has impressive security features. The platform’s diligent and repetitive KYC process is the best of these. Binance has three rigorous verification levels; users must pass the previous tests to get to the following levels. Such screening ensures accounts are as legitimate as possible. 

It also has two-factor authentication and a withdrawal address whitelist, which ensures users can reassess their accounts safely if they lose access and can only withdraw crypto assets from accounts they approve. Furthermore, the exchange stores its coins in cold wallets and has insurance from the Federal Deposit Insurance Corporation (FDIC) for Binance U.S. users.

However, despite all these features, Binance’s security systems are a shadow of’s in terms of compliance. First, has numerous crypto-compliance verifications from governments and certified crypto-compliance bodies worldwide.

Additionally, the exchange has cold wallet storage and insurance to protect all its users from unprecedented hacking incidents or unauthorized withdrawals. This differs from Binance, which only ensures clients on the Binance U.S. platform. However, the most impressive security feature on is multi-factor authentication (MFA). MFA is a level above 2FA, making a very secure site.

Best exchange for security features: Logo

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Customer Support

When it comes to customer support, Binance has multiple customer support options. The most popular is the support center, a collection of well-elaborated and detailed frequently asked questions that help troubleshoot and address most issues on the platform. Besides this, there is Binance Chat, an artificial intelligence bot that helps users find solutions to common problems. If this doesn’t help, the bot can pair you up with a customer support agent.

On the other hand, has minimal customer support. The platform doesn’t have detailed documentation for troubleshooting or resolving the errors that users experience. mainly relies on its customer support team, which takes time to respond to queries. Although this is slightly excusable because of the platform’s massive traffic, it is still a major inconvenience to most traders.

Best exchange for excellent customer service: Binance

Crypto.Com vs Binance U.S.: Which Should You Choose?

There are significant differences between and Binance U.S. The most distinct difference is regional coverage. While supports at least 90 countries, Binance U.S. is only accessible in the U.S.

Similarly, Binance U.S. may have fewer features compared to For instance, the exchange offers free, limited Bitcoin trading and spot and leverage trading but may have restrictions on futures trading. On the other hand, offers an NFT marketplace, Visa Card services, advanced security, and crypto loans. So, since both platforms are accessible in the U.S., would be a better choice for U.S.-based crypto traders.

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Should you choose Binance or

The choice between Binance and is difficult. Both platforms have impressive features and offer the user so much value. However, they have significant differences that some users may prefer. 

For instance, Binance is available in more countries than, but is fully functional in the U.S., while Binance has a somewhat limited version for the U.S. On the flip side, Binance is easier to use than and has more crypto coins and trading pairs to transact with. Comparatively, Binance is easily and widely used, while is more secure and affordable.

Read more: BingX vs Binance: Features, Fees, and Security.

Is safe? is one of the safest crypto trading channels available. This exchange has multiple crypto-compliance certificates from crypto-compliance experts. It has cold storage wallets, and insurance to safeguard against hacks, and uses MFA to secure crypto accounts.

Is Binance U.S. cheaper than

No, Biannce U.S. charges higher fees than The platform charges 0.1% trading fees, while charges about 0.045% to 0.06% trading fees. However, the platform has limited free BTC trading in the U.S. and offers an advanced trading fee discount of 25% for every payment made using the exchange’s native cryptocurrency, BNB.

What app is better than

There may not be an app that is better than in general. However, other crypto exchange platforms with apps may have certain features that are superior to’s features. Popular exchanges like Binance, Coinbase, and Gemini have apps that serve as alternatives to

Is there anything better than Binance?

While only a few exchanges can be said to be ultimately better than Binance, there are a few major competitors in the market. Popular exchanges like Coinbase, Kraken, KuCoin, and may have certain features that are more outstanding than those on Binance. 

Are Binance fees lower than

Binance fees are higher than those of While traders pay 0.05% to 0.06% makers’ and takers’ fees, Binance users pay 0.10% per trade. also offers cash basks for Visa Card users which makes it a more affordable platform.

Read more: 10 Best Altcoin Exchanges: Which exchange has the most altcoins?

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