Pros
- Very low spot fees
- Huge choice of coins
Cons
- Not available in every EU country
- Regulatory history
Fees and limits
| Product | Fee | Rate markup | Limits | Speed |
|---|---|---|---|---|
| Spot (taker) Currencies, Cryptocurrencies → Currencies, Cryptocurrencies |
0.10% | 0.05% | No limit | Instant |
Fees are indicative and based on the public fee schedule. Indicative figures based on public fee schedules and the live mid-market rate. Always check the final quote with the exchange.
How Binance compares
Alternatives to Binance
Frequently asked questions
What does Binance charge?
For 1,000 EUR → BTC you receive 0.0145 BTC at Binance. That puts Binance at place 2 of the 21 exchanges in our comparison for this conversion. The lowest exchange rate markup at Binance is 0.05%. The exact cost depends on amount, currency and payment method, so check your own amount.
What can you use Binance for?
Binance (Crypto exchanges) offers: Spot (taker). You can use it for: Currencies, Cryptocurrencies.
How does GoldexPay rate Binance?
We give Binance 4.0 out of 5, based on costs, speed, regulation and ease of use. See how it compares with alternatives below.
Is Binance regulated?
Yes, Binance is supervised: VASP registrations in France, Italy, Spain and Poland (not available in the Netherlands). Regulators set rules for how customer money is kept and protected. It does not protect you against exchange rate losses or falling prices of crypto and precious metals.
Which payment methods does Binance accept?
At Binance you can pay with: SEPA transfer, Bank transfer, Debit/credit card, Apple Pay, Google Pay. Paying by card is usually quicker but can cost more than a bank transfer.
How fast is Binance?
The fastest option at Binance is Spot (taker): Instant. How long it really takes depends on the payment method, the amount and checks by the exchange.