Binance
World's largest crypto exchange by volume
Platform Overview
Binance is the world's largest cryptocurrency exchange by trading volume, headquartered in the Cayman Islands. It offers an extensive range of spot, futures, and DeFi products across hundreds of digital assets.
Company Information
- Registered Company Name
- Binance Holdings Ltd
- Brand Name
- Binance
- Headquarters
- Cayman Islands
- Year Established
- 2017
Transparency Signals
Strong transparency across key operational dimensions
No significant concerns identified
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Legal Entities
Regulatory References
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Regulatory Licenses
VARA
- License Number
- VARA-1001
- Jurisdiction
- United Arab Emirates
- License Type
- Virtual Asset License
AMF
- License Number
- DASP-2024
- Jurisdiction
- France
- License Type
- Digital Asset Service Provider
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | N/A |
| GBP/USD | N/A |
| USD/JPY | N/A |
| XAU/USD | N/A |
- Commission
- Maker 0.10% / Taker 0.10% (spot); tiered VIP discounts available
- Inactivity Fee
- None
- Deposit Fees
- Free (crypto); varies for fiat
- Withdrawal Fees
- Network fee (varies by coin)
- Withdrawal Processing Time
- Instant to 30 minutes (crypto); 1-5 business days (fiat)
Platform Infrastructure
Safety & Protection
Operational Details
- Supported Languages
- English, Chinese, Japanese, Korean, Turkish, Russian, Spanish, Portuguese, Vietnamese, Malay
- Support Channels
- Live ChatEmailTicket System
- Payment Methods
- Bank TransferCredit CardDebit CardP2PCrypto
Community Snapshot
Submit a Complaint
Platform Comparison
| Regulatory Tier | Tier 1 | Tier 1 |
| Transparency Signals | 9.5/10 | 9.5/10 |
| Minimum Deposit | $0 | $2 |
| Maximum Leverage | Up to 1:125 | Up to 1:10 |
| Spread Type | Order Book | Order Book / Spread Markup |
| Execution Model | DMA | DMA |
| Year Established | 2017 | 2012 |
| Trading Products | 3 | 2 |
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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.