1489 trading pairs are available with a total trading volume of $ 14,218,105,885.
| Pair | Price | Volume, 24h | Spread | Exchange Share |
|---|---|---|---|---|
 
ETH/USDT
|
$ 4,641.12
4,642.38 USDT
|
$ 4.3 bln. | 0.0102 % | 30.45 % |
BTC/USDT
|
$ 112,057
112,089.24 USDT
|
$ 2.6 bln. | 0.01 % | 18.06 % |
USDC/USDT
|
$ 0.99975
1.0001 USDT
|
$ 2.2 bln. | 0.01 % | 15.82 % |
BTC/FDUSD
|
$ 111,435
112,183.06 FDUSD
|
$ 2.2 bln. | 0.0114 % | 15.41 % |
|
ETH/FDUSD
|
$ 4,615.45
4,650.32 FDUSD
|
$ 1.6 bln. | 0.0154 % | 11.54 % |
The exchange Binance offers 411 cryptocurrencies and 10 fiat currencies.
| Cryptocurrency | Price | Volume, 24h | Market Cap |
|---|---|---|---|
|
USDT
Tether
|
$0.0193
|
$ 17.7 bln. | $ 167.1 bln. |
|
ETH
Ethereum
|
$1,056.18
|
$ 7.8 bln. | $ 578.4 bln. |
|
USDC
USDC
|
$0.0224
|
$ 6.8 bln. | $ 67.5 bln. |
|
FDUSD
First Digital USD
|
$0.0222
|
$ 6.1 bln. | $ 1.2 bln. |
|
BTC
Bitcoin
|
$7,592.85
|
$ 6 bln. | $ 2.2 Tn. |
Founded in 2017, the Binance exchange is a centralized platform. According to CoinGecko, the exchange has a high (10) trust score. As of August 2025, 411 cryptocurrencies are traded on the exchange, with ETH/USDT being the most active trading pair. The highest trading volume in the last 30 days was reached on 12 May, amounting to 1,858,226 BTC.
An overview of Binance and its ecosystem will provide insight into the Binance exchange and the functions of the BNB token within the ecosystem. Why is Binance synonymous with a reliable cryptocurrency exchange today?
Useful links to the exchange in the media space: Telegram, Twitter, Medium, Instagram, Reddit, Facebook
Referral code from Binance
The Binance exchange offers new users codes for receiving gifts. These can be obtained in the rewards center within the app.
Code:
TXVJO4TUWhat you can receive with the referral code:
Binance.com is already an exchange that specializes in Crypto-to-Crypto transactions, where you can buy over 1,000 cryptocurrencies; it is a whole ecosystem of controlled social projects. The smart policy of Changpeng Zhao (the founder of the exchange) is to eliminate dependence on regulatory authorities in various countries, which required them to expand by opening branches in different countries.
As of today, the available trading pairs on Binance include:
Update - Binance has launched a division specializing in fiat currency transactions
Since its launch in July 2017, the exchange has experienced explosive growth and is now positioned as the 4th largest cryptocurrency exchange by daily trading volume.
This explosive growth was due to many reasons, one of which was its ability to process up to 1.4 million transactions per second: this means you can trade comfortably despite website traffic. Additionally, Binance offers competitive market rates for its trading fees: 0.1% on each side of the transaction or 0.075% if you use your Binance tokens (BNB) (more on this later).
Binance also encourages its users to store their cryptocurrencies on the Binance exchange by providing the opportunity to receive regular airdrops. This is a significant advantage for those who want to trade their coins regularly while also receiving financial rewards (GAS) for holding them.
They pride themselves on being an exchange for everyone (not surprising when their slogan is "Exchange the World"), claiming to provide a user-friendly and understandable interface for mobile and web platforms for beginners, and with the push of a button creating a complex UI for experienced traders.
Conclusion. What is the Binance exchange:
Registering on Binance is not a complicated process, so to create an account on the exchange, only 3 steps are needed:
Next, you may need to set up two-factor authentication.
Two-factor authentication on Binance is an additional measure of your security, essentially logging into the exchange site with two or more factors. For example, confirmation through Google Authy followed by email.
Recently, there has been a wave of phishing attacks where the necessary website for users is replaced with a fake version. The official Binance website is no exception; verification should be done every time you connect. In the browser's address bar, check the domain name Binance.com and the HTTPS encryption protocol.
Many of our readers have asked us a reasonable question about the linguistic affiliation of the Binance exchange. Although it is not in Russian, there is a function to switch to the language of any country.
Based on the screenshot above, the instructions for translating Binance into Russian are quite simple:
The Binance exchange is ideal as a cryptocurrency wallet, meaning you can safely store money in Binance on your main financial account. Managing deposits on Binance is done on a separate page that contains information about the balance and its contents, which can be accessed by clicking on the user icon at the top of the site, and in the dropdown menu selecting "balance". Everything is shown in detail in the screenshot below.
You do not have to send Bitcoin, Ethereum, or any specific cryptocurrency to Binance; you can top up your balance with any cryptocurrency available on the page.
Next to each cryptocurrency name, you can see three buttons:
Attention. Always keep track of the asset you are sending; the wallet to which the cryptocurrency is sent must support the encryption protocol for that type of cryptocurrency.
When topping up your account on Binance for the first time, the platform generates a unique wallet with its own ID. You can obtain it on the transfers page (Deposit button).
By going to the Deposit section, we enter the account management section of Binance. Here we can:
The page is not particularly remarkable. On the left side, we see the name of the asset, balance, number of tokens in orders, and available balance. Just below, we are provided with a TAG - payment identifier, which will be useful for sending funds from another source. And, as standard, the address of your original wallet (in our case, that’s Ripple XRP).
Funds are credited to Binance after one confirmation; after that, it will appear in history, and its further fate can be tracked there.
After a recent update, Binance introduced the option to buy cryptocurrency with a card. As you might guess, this can be done by clicking the Buy Now button in the window with MasterCard and VISA logos.
Withdrawing funds (money) from Binance to a card or even in rubles is also not a difficult task. For this, you will need an exchanger, which can be found on Bestchange.ru. You can choose any with a positive reputation and be confident in a successful transfer.
Withdrawal through exchangers is very simple: you send cryptocurrency to the exchanger's crypto wallet, and after confirming the transaction within the blockchain, they send it back to you in the currency you need, to the specified details.
Withdrawal from the exchange is done through the "Withdraw" button located in the table of assets contained in the balance, which will take us to the page for managing withdrawals of any cryptocurrency, but by default, it will be set to the currency we selected in the previous window.
Depending on the currency, the information on this page may vary. However, overall, everything remains the same. The main and common fields are the address and withdrawal amount. The exchange will also notify you of the amount of cryptocurrency you will receive in your wallet after the transfer, taking into account the fee.
You should be careful when exchanging cryptocurrency through exchangers; often users do not take into account the commission that falls on their shoulders and transfer an amount less than required.
The entire trading process on the Binance exchange comes down to buying and selling cryptocurrency. To trade on the Binance exchange, you must be aware of all the risks that come with trading cryptocurrencies and possess at least basic knowledge. Our series of articles on trading will help you with this:
At the time of writing this review, Binance charges an average fee of 0.1% on each transaction made by the user. Those who choose to pay with Binance tokens (BNB) can receive a 50% discount on trading fees, which is a good option for saving in the long run. So far, this exchange demonstrates some of the lowest fees.
The withdrawal fee from the exchange varies from one cryptocurrency to another.
Below is a table of the main types of withdrawal fees from the platform.
There are no limits on the number of coins for transfers on the exchange; however, there is a limit on withdrawals. Initially, users who have registered have a withdrawal limit of 2 bitcoins; to increase the amount of cryptocurrency for a single withdrawal, verification must be completed.
Verification on Binance is a procedure for confirming your identity. On Binance, users are divided into 3 levels:
To pass verification on Binance and achieve at least level two, you need to provide some data about yourself to the exchange, including the following data and documents:
Despite the labor-intensive process, all users who have passed verification once and for all increase their withdrawal limit. It is worth noting that when withdrawing any cryptocurrency, calculations will be made in bitcoins.
In the futures market, unlike the spot market, settlements do not close immediately. Counterparties, when making a deal, conclude a contract under which settlement must occur later, at the moment of predetermined liquidation of the position at the execution price. Traders operating contracts do not own the asset; trading is conducted only on its value.
Another important nuance is the use of initial and maintenance margin for making a deal. Thus, at the time of opening a position, the user must have collateral greater than the specified initial margin (individual for each contract). The maintenance margin is the level below which the amount of collateral and unrealized profit cannot fall. If this happens, the position is automatically liquidated.
Current data on initial and maintenance margins for different contracts can be viewed here: https://www.binance.com/ru/support/faq/360033161972
A penalty (fee) is charged for automatic liquidation:
At the same time, the user has the right to close the position at any time themselves, in which case there will be no penalties.
Another key difference between the spot exchange and the futures exchange lies in the price differences. Futures prices include additional storage costs, so they differ significantly from spot rates. Through funding rates, Binance aims to narrow these levels in the long term. Funding rates represent regular payments to traders trading with short or long positions based on the price difference between derivative and spot markets. Funding occurs every 8 hours, at 3:00; 11:00 and 24:00.
Current rates:
Among hundreds of other cryptocurrency exchanges, Binance stands out with its regular competitions and contests, during which rather expensive prizes are awarded.
Competitions are held in collaboration with various projects whose cryptocurrencies are listed on Binance.
Often, competitions have one formula: The winner receives SOMETHING for the maximum traded volume of SOMETHING over SOME period.
An example could be competitions involving cryptocurrency projects like BitTorrent, which took place on February 21, 2019.
There is a chance that such events are nothing more than a commissioned PR move. Organizing a competition often leads to a pump in the exchange rate. Thus, any information about listings or planned competitions is strictly confidential.
Having scoured the internet for positive and negative reviews to give a quality assessment and answer the question of whether Binance is a scam or a profitable long-term investment, the following examples were found.
Below are all the errors found related to registration, authorization, and trading on the Binance platform. The list is periodically updated.
The solution to this error in most cases is incorrectly set time on the device from which the request is made. Set automatic time updates according to your time zone. After that, start the authorization process from the beginning. Also, ensure that VPN and other services that hinder internet connection are turned off.
Similar to the previous case, the solution will be correcting your time and date. Additionally, the error may occur due to an incorrectly chosen application on your smartphone for linking.
There is a small bug in the exchange interface; when changing languages, the necessary window for selecting the desired language disappears when hovered over. It looks like this:
Solution to the problem: You can simply change any language in the address bar to, for example, Russian:
After completing this procedure, the Binance exchange will return to Russian language.
The table below will help determine whether to choose Binance or Bybit or another cryptocurrency exchange.
| Binance | Bitfinex | Bittrex | Bitmex | Bybit | |
| Date of Creation | 2017 | 2012 | 2014 | 2014 | 2019 |
| Number of Trading Pairs | 873 | 315 | 614 | 59 | 103 |
| Own Token | BNB | - | - | - | BIT |
| Margin Trading | Yes | Yes | No | Yes | Yes |
| Trading Fee | 0.012 — 0.1% | 0.1-0.2% | 0.25% | 0.02-0.07% | 0 — 0.02% |
| Deposit Fee | - | 0% for cryptocurrency, 0.1% for bank transfer (no less than 60 dollars or euros) | - | - | - |
| Withdrawal Fee | Specific for each currency | Specific for each currency | Specific for each currency | Only network fee | - |
| Language Support | 20 languages, including Russian | 4 languages, including Russian | English only | 5 languages, including Russian | 20 languages, including Russian |
| Incidents since creation until 2020 (hacks, blocks) | 2 hacks in 2019. Periodically blocked by Roskomnadzor | Major hack in 2016, no incidents since then | There is information about hacks in 2019 and 2020 | There were unconfirmed rumors of hacks | None detected |
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