Binance
Cryptocurrency exchange

Binance

One of the largest global cryptocurrency platforms by trading volume, offering a very broad set of crypto services.

Platform type
Cryptocurrency exchange
Good to check for
Very large global platform
Fees
Check current fees on the provider’s site
UK availability
Products and availability differ significantly by country and have changed over time in the UK. Confirm exactly what is currently available to you directly with Binance.
Risk & protection
High risk. Not protected by the FSCS or Financial Ombudsman Service.

Overview

Binance offers a wide range of crypto services globally. The products available — and whether they are offered at all — differ significantly by country, and the UK position has changed over time.

What it offers

Globally offers spot and other markets, peer-to-peer buying and selling, and various crypto products. What is available to you depends heavily on your country.

Supports a very large number of cryptoassets globally. Check the current supported list, and what applies in your region, on the Binance website.

Things to check before signing up

  • The current fees, on the provider’s own website.
  • Whether the service is available to you as a UK user, and which features.
  • The provider’s status on the FCA Register, and the FCA Warning List.
  • How your funds are held, and what account security options exist.

Fees & availability

Fees vary by product and can change. Check the current fee schedule on the provider’s own website before signing up.

Security & custody

Binance references a user-asset protection fund. Review the current details on its own site; this is not a guarantee of protection.

Safety reminder

crypto.co.uk does not rank, score, or recommend providers, and does not confirm any provider’s regulatory status. Crypto is high risk and largely unregulated in the UK; most crypto is not protected by the FSCS or the Financial Ombudsman Service. Check a firm on the FCA Register and the FCA Warning List before signing up. Only invest what you can afford to lose.

Risk warning Cryptoassets are high risk and volatile, and are largely unregulated in the UK. You could lose all the money you invest. Most crypto is not protected by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service. crypto.co.uk provides educational and comparison information only and does not provide financial advice. Always check current details directly with providers, and only invest what you can afford to lose.
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