Binance is the largest cryptocurrency exchange by reported trading volume, founded in 2017. Our June 2026 research found no confirmed full EU MiCA CASP authorisation for Binance as of the search date, so we mark its EU licence status pending rather than verified — an honest 'not confirmed', not a claim it is unlicensed. Binance has faced significant regulatory scrutiny across multiple jurisdictions and restricts products country by country. We have not completed a hands-on test and publish no fees, supported-coin counts, withdrawal limits or rating until confirmed against a primary source. Crypto is high-risk; nothing here is financial advice.
Regulatory standing
Binance's scale does not settle its regulatory position, which has varied sharply by jurisdiction. Our research did not find a confirmed full EU MiCA CASP authorisation for Binance at the search date, so we mark its EU status pending — that is an honest 'unverified', not a finding that it lacks a licence. Binance has historically faced enforcement, restrictions or warnings from several regulators, and it operates through different local entities with different permissions, so where you are matters as much as the brand.
Before depositing, identify which Binance entity serves your country, check it against your own national regulator's public register, and read that entity's terms for the products you want. In the EU, confirm any MiCA CASP claim on the ESMA register before relying on it.
Country availability and restrictions
Binance's availability is one of the most fragmented among major exchanges. It has withdrawn or restricted services in some markets, operates regulated local entities in others, and limits specific products — particularly derivatives — depending on local rules. In the UK, for example, crypto promotion is governed by the FCA's financial-promotions regime and Binance's UK position has changed over time.
Because of this fragmentation, a feature available to one country's users may be unavailable or differently priced for another. Treat global 'Binance has X' claims with caution and confirm what the entity serving your country actually offers you.
Fees, coins and limits
Binance publishes its own maker-taker fee tiers, supported-asset list and withdrawal limits, which change frequently and differ by entity and region. It is often cited for low headline trading fees at scale, but the rate you pay depends on your volume tier, whether you use any native-token fee discount, and the spread on simple-buy flows. We do not reproduce a figure we have not confirmed against Binance's current pages.
Check the live fee schedule and withdrawal limits on Binance's own site, for the entity that serves your country, before you trade. See our fees guide for how maker-taker pricing and the hidden spread affect the real cost.
Strengths & limitations
Strengths
- Largest exchange by reported spot trading volume, operating since 2017.
- Broad product range (spot, derivatives, earn) where legally available.
- Frequently cited for low headline trading fees at higher volume tiers (verify the live schedule).
Limitations
- No confirmed full EU MiCA CASP authorisation in our research — EU status marked pending.
- Availability and products are heavily fragmented and restricted by country; significant past regulatory scrutiny.
- We have not completed a hands-on test, so we publish no fees, limits or rating.
Frequently asked questions
Is Binance available in the UK?
Binance's UK availability and product access depend on the FCA's financial-promotions regime and Binance's own terms, and have changed over time. Exchange Atlas shows no monetised UK listings because the FCA prohibits referral incentives in crypto promotions. Check Binance's current UK position and your eligibility on its own site, and verify against the FCA register, before depositing. This is information, not financial advice.
Is Binance MiCA-licensed in the EU?
Our June 2026 research found no confirmed full EU MiCA CASP authorisation for Binance at the search date, so we mark its status pending rather than verified. This is not a negative finding — it means we could not confirm a full authorisation from a primary source. Check the current ESMA register for the latest position before relying on it. This is information, not financial advice.
Is Binance safe to use?
Binance is the largest exchange by reported volume but has faced significant regulatory scrutiny in several jurisdictions and restricts products country by country, and its EU MiCA status was unconfirmed in our research. As with any exchange, cryptoassets are volatile and largely outside compensation-scheme protection. Verify the entity that serves your country against your national regulator before depositing. This is information, not financial advice.