ECCrypto

Binance review

Crypto exchangesNot in our test programme

You own the coin — withdrawable on-chain

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Fees

BinanceFees
Spot taker fee0.1%Source · Verified 2026-08-25
Card purchase1.8%Source · Verified 2026-08-25

Regulation

BinanceRegulation
RegulationScopeSource
VARA (AE) · VL/24/04/001
Binance FZE
Virtual-asset licence — real authorisation, but no compensation schemeSource · Verified 2026-08-25

Incidents on record

  • 2023-11-21Pleaded guilty to US anti-money-laundering charges; USD 4.3bn settlement, founder stepped down as CEO. Source

Availability

Frequently asked questions

Is Binance safe?

Binance has 1 documented incident(s). The most significant: Pleaded guilty to US anti-money-laundering charges; USD 4.3bn settlement, founder stepped down as CEO.

Is Binance regulated?

Binance holds a virtual-asset licence from VARA (AE). That is a genuine authorisation naming permitted activities — stronger than an AML registration, but it carries no investor compensation scheme.

What does Binance charge?

0.1% on the headline figure. Deposit, withdrawal and spread costs sit on top — check the linked schedule.

Can I withdraw crypto from Binance?

Yes — it is an exchange, so the asset is yours and can move to a wallet you control.

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Binance0.1%Open account