FAQs
Best Paid & Free Alternatives to Binance
- Zengo Wallet.
- Coinbase Exchange.
- Gate.io.
- UPHOLD.
- Poloniex.
- Kucoin.
- LocalBitcoins.
- CEX.IO.
Can Binance be used worldwide? ›
What products does Binance provide? Binance is the world's leading cryptocurrency exchange, catering to 150 million registered users in over 180 countries.
Is Binance available everywhere? ›
With low transaction fees, up to over 500 cryptocurrencies, and availability in more than 180 countries, Binance is the best platform to trade altcoins.
Is Binance US shutting down? ›
Binance agreed to a complete exit from the U.S. as part of the settlement, although an official said that BAM Trading was not affected by the agreement.
Is Bybit better than Binance? ›
Binance vs Bybit cryptocurrency exchange overall score comparison reveals that Binance has a higher overall score of 9.8, while Bybit gathered an overall score of 9.6. If we look at the ease of use, it's clear that in this Binance vs Bybit comparison, Binance has better & smoother user experience than Bybit.
Is Coinbase better than Binance? ›
If you're looking for a platform with low fees and comprehensive tools for experienced traders, Binance might be the better choice. However, if you're a beginner looking for a user-friendly platform with a strong reputation and regulatory compliance, Coinbase is likely the better choice.
Which country most uses Binance? ›
See the global distribution of visitors to your competitor's website and start tapping into overlooked markets. Binance.com's core audience is located in Ethiopia followed by Russian Federation, and Kenya.
In which countries is Binance not available? ›
- Here is a list of some of the countries banned on the Binance trading platform.
- United State.
- South Korea.
- China.
- Republic of Belarus.
- Cuba.
- Syria.
- It is necessary to adhere to Binance policy and not attempt to access the platform from banned countries.
Which country is the owner of Binance? ›
Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan shortly before the Chinese government restricted cryptocurrency companies.
Why can t you use Binance in the US? ›
Due to government regulations, the full Binance website is unavailable in the US, and prohibits US residents from creating an account. However, Binance US offers 150+ cryptocurrencies, so it's a good option for traders residing in the US.
Which cryptocurrency is most secure? Ethereum is considered to be the most secure cryptocurrency as compared to other digital assets. This is largely because its platform uses the blockchain technology, which is one of the most robust technologies for digital transactions.
Which is the next crypto to boom? ›
EarthMeta (EMT) is a strong contender for the next crypto boom. Its innovative approach to combining blockchain technology with a digital replica of Earth, where users can engage in virtual real estate transactions, sets it apart in the market.
What will happen if Binance shuts down? ›
Here are some possible consequences of a Binance shutdown: A sharp drop in the prices of #bitcoin and other cryptocurrencies. Binance accounts for a large share of the global crypto trading volume and liquidity. If Binance were to cease operations, it would create a supply shock and a panic sell-off in the market.
What states ban Binance? ›
Binance.US is available to many, albeit not all, U.S. residents. It's important to note that this crypto exchange is not available to residents of Hawaii, New York, Texas and Vermont.
What is happening to Binance? ›
Binance, the biggest platform for exchanging crypto currency, is facing trouble in Nigeria. The online service is among one of the most popular ways for Nigerians to trade in digital currency. The company and two of its executives are expected to appear in court on charges of money laundering and tax evasion.
Is Binance the best trading platform? ›
Our Verdict. While no crypto exchange is perfect, Binance.US offers a rich blend of useful charts and an intuitive user interface. Best of all, Binance.US charges rock-bottom fees for spot trading and very competitive “instant buy” fees. Just be aware that this platform is not available to all U.S. residents.
Which app is better crypto or Binance? ›
Binance offers a wider range of cryptocurrencies, with over 600 available for trading, compared to Crypto.com's support for around 250 cryptocurrencies. It's clear that Binance offers more options for traders.
Is Binance better than Kraken? ›
The short version. Kraken could be a great choice for a relatively new crypto traders or investors, while Binance might be the better choice for more experienced traders. Both crypto exchanges offer low trading fees with excellent trading features.
What's the best crypto exchange? ›
Best Crypto Exchanges and Apps of July 2024
- Best for Low Fees and Best for Experienced Traders: Kraken.
- Best for Beginners: Coinbase.
- Best Mobile App: Crypto.com.
- Best For Security: Gemini.
- Best for Altcoins: BitMart.
- Best for Bitcoin: Cash App.
- Best Decentralized Exchange: Bisq.