Risk Warning: Your Capital is at Risk.
Founded in 2017, Binance has become one of the largest cryptocurrency exchanges in the world. The exchange offers spot, margin, and derivatives trading on major cryptocurrencies and altcoins.
Other services include crypto loans and a built-in learning academy.
This page explains the key features of Binance’s mobile and web platform, what the Binance Suite and Binance Finance offer, and a guide to using both platforms.
Read on to find out the strengths and weaknesses of Binance as a crypto exchange and brokerage service.
* Overview & Key Facts
* Cryptocurrency Spot Trading
* Crypto Derivatives Trading
* Binance Lending and Loans
* Binance Product Suite
* Fees, Deposits, and Withdrawals
* Binance Mobile App Review
* Web Platform Overview
* Can I Trust Binance?
Overview & Key Facts
Binance is headquartered in Malta with several independent registered entities. The company’s web servers are currently located in Japan as a result of Chinese regulatory tensions in 2017.
They are not regulated by any financial industry authority, though this may change in the near future.
With over 900 spot trading currency pairs and over 300 coins, Binance also offers margin, futures, and vanilla options trading. Other aspects of the company include Binance Finance, where traders can partake in stake pools, token launch funds, and fixed interest crypto loans.
Traders can also trade peer-to-peer in six different cryptocurrencies.
Traders can use Binance via the web platform, or the mobile app, both of which we review in detail.
Please Note: Availability subject to regulations. Cryptocurrency CFDs are not available to UK retail traders.
Pros and Cons of Binance