Binance Reviews
The world's largest crypto exchange with 482 tradable coins, though only 29 of them trade directly against the euro. Without EU authorisation: the MiCA application was withdrawn in June 2026.
Binance Rating
Our Opinion
Binance is considered the world’s largest crypto exchange by trading volume and is valued for its low spreads in order book trading. With over 370 tradable cryptocurrencies, savings plans and staking, the platform offers a broad range of services. On the market since 2017, Binance has established itself as a major player in crypto trading.
For the German market, however, it should be noted that Binance does not have a BaFin license. The direct-buy fees of 1.75 % and total costs of 18.50 € per trade are occasionally criticized, as is the limited cost transparency for direct purchases. The minimum amount of 15 € is also higher than at some competitors.
Binance is seen especially as suitable for experienced traders who want to benefit from the low spreads in order book trading and for whom a missing BaFin license matters less than the platform’s global market presence and liquidity.
Pros & Cons
- 482 cryptocurrencies tradable, the widest selection among established exchanges (measured on 3 September 2026 via Binance's public API)
- Savings plan and staking are offered
- Largest crypto exchange worldwide with low spreads
- Wallet transfer possible
- No granted MiCA authorisation. Binance appears in no EU register and, by its own announcement, withdrew its application with the Greek regulator on 24 June 2026. A new host state has been announced but not confirmed.
- Only 29 of the 482 coins trade directly against the euro. Everything else goes through another currency, usually a stablecoin, which adds cost and exchange rate risk.
- Trading fees of 1.75 % on direct purchases have room for improvement
- Cost transparency is rated as limited
User Experiences
AI Analysis1,002 analyzed reviewsOur AI collects and analyzes user reviews of Binance from the web and summarizes the key findings.
According to reviews, Binance is often praised overall for its ease of use, the large selection of coins, and fees that are generally perceived as low. At the same time, users occasionally report criticism regarding support, verification, and language options, especially with regard to a German app version.
According to reviews, users particularly appreciate the intuitive app and ease of use at Binance, which appeals to both beginners and more experienced users. However, the interface is occasionally described as confusing or too complicated. Many users also want a German language option to make everyday use even more convenient.
This analysis is based on 1002 user reviews evaluated by AI from the Apple App Store and Google Play Store. The total number of reviews on the respective platforms may be higher — the platform ratings (star ratings) shown refer to all reviews available there. The reviews shown reflect user experiences and do not represent the site operator’s own assessment. All information is provided without guarantee. As of: March 2026. This comparison does not constitute investment advice.
Features
Feature Scope
Highlights
- Largest crypto exchange worldwide by trading volume
- Low spreads in order book trading
- Savings plan and staking available
- On the market since 2017
Tradeable Assets
- Cryptocurrencies (370+ coins)
- Staking products
- Savings plan investments
Trading Options
- Spot trading
- Savings plan feature
- Staking
- Wallet transfer to external wallets
- Direct purchase by credit card
About Binance
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Recent articles about Binance
October 3, 2026 10:38 AM
44 Percent Below the Record: BNB's 37th Burn Follows in Mid-October
A year ago BNB stood at $1,370; today it is around $767. The price has been swinging between $750 and $800 for weeks, and the next quarterly burn is due around the anniversary of the record. Here are the levels that count and what the burn actually does.
September 28, 2026 10:30 PM
Base Hard Fork on September 30: Binance Freezes Base Transfers an Hour Before Cobalt
The Base network switches to Cobalt on September 30, 2026 at 18:00 UTC. Binance freezes deposits and withdrawals over Base from 17:00 UTC and resumes them without announcement — what that means for your balance, your holding period and your node.
September 25, 2026 4:46 PM
Binance Funding Account Becomes Stocks Account: What to Check Before September 29
From September 29, 2026, Binance moves crypto balances out of the Funding Account into the Spot Account; in January 2027 the account is renamed Stocks Account. What to check beforehand, why an outdated app version hides your balance, and what happens to savings plans and API connections.
September 22, 2026 10:25 PM
Binance Buys Into Circle: What the USDC Deal Means for Your Balance
Binance is taking a $100 million stake in Circle and extending the USDC agreement by five years. For investors in Germany, the sum matters less than the question of who earns money from stablecoins left sitting idle.
September 20, 2026 7:10 PM
BNB Is Back Above $100 Billion: What Is Really Behind Binance Chain's Lead
BNB is back above $100 billion, and the reason doing the rounds is always the same figure: $3.6 billion of growth in real-world assets, more than on any other chain. The number is right. It just measures something other than what the headlines suggest.
September 19, 2026 10:33 PM
Swapping STG for ZRO: Two Deadlines, One Fixed Rate and a 32 Percent Discount
LayerZero has named an end date for the STG-to-ZRO swap for the first time: after December 15, 2026 it is over. Binance closes the convenient door as early as October 6, and anyone recalculating the fixed 2025 rate with today's prices finds a discount of around a third.
September 19, 2026 7:19 PM
Binance Launches FX Perpetuals With 100x Leverage: What Is Allowed in Germany
Binance launches a perpetual future on the US dollar and the Brazilian real with up to 100x leverage on September 21. For German retail investors, what counts is less the announcement than the question of which leverage is permitted here and which tax rule applies to futures transactions.
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Bitcoin or Ethereum in the fourth quarter of 2026: the two largest crypto-assets compared
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