Binance vs BISON Comparison
In our overall rating Binance leads with 4.3 out of 5 points, ahead of BISON with 2.5. On disclosed fees Binance is cheaper: € 1.00 instead of € 12.50 per €1,000 purchase. Binance has the better score in all five sub-ratings. Binance lists more cryptocurrencies (482) than BISON (71).
| 0.1% spot, up to 2% instant buy | Fees | 1.25 % |
| € 1.00 | Minimum cost per €1,000 | € 12.50 |
| 482 | Cryptos | 71 |
| SEPA Transfer, Credit Card | Payment Methods | SEPA transfer, SEPA Instant transfer, credit card (Visa, Mastercard), Apple Pay, Google Pay (card and wallets: 2.49%) |
| License in Germany refused by BaFin | Regulation | MiCAR licence from BaFin: EUWAX AG for crypto trading (since 1 April 2025), Boerse Stuttgart Digital Custody GmbH for custody (since 17 January 2025) |
Cost comparison
The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.
| € 1.00 | Minimum cost per €1,000 | € 12.50 |
| 0.1% spot, up to 2% instant buy | Fees | 1.25 % |
| € 7.47 | Wallet transfer | € 0 |
| Limited | Cost transparency | Yes |
| ~$10 USD | Minimum Amount | € 0.01 |
| SEPA Transfer, Credit Card | Payment Methods | SEPA transfer, SEPA Instant transfer, credit card (Visa, Mastercard), Apple Pay, Google Pay (card and wallets: 2.49%) |
On disclosed fees you pay €11.50 less at Binance per €1,000 purchase.
Binance separates order book trading from direct purchases: regular users pay 0.1% on spot trades, while buying by card or wallet payment costs 2%.
| Transaction | Cost at Binance |
|---|---|
| Spot trading, regular user | 0.1% maker, 0.1% taker |
| Spot trading paying fees in BNB | 0.075% maker and taker (25% discount) |
| Direct buy and sell by card, Apple Pay or Google Pay | 2% |
| Direct buy and sell via PayPal | 1.5% |
| Direct buy via Revolut | 1.1% |
| Buy and sell via SEPA | EUR 1 |
| Crypto withdrawals | network fee per coin |
How to save: Going through the order book pays off: EUR 1,000 costs EUR 1 in spot trading fees, but EUR 20 by card. Paying fees in BNB saves another 25%. See how Binance compares with MiCA-licensed providers in our crypto exchange comparison.
Fees as of 21 October 2026 according to the Binance fee overview.
BISON charges no order fee for crypto trading; the cost sits in the spread between the buy and sell price. The spread varies with market conditions and trade size, while the account, custody, deposits and withdrawals are free.
| Transaction | Cost at BISON |
|---|---|
| Spread on Bitcoin and Ethereum | 1.25% on average per buy or sell |
| Spread on all other cryptocurrencies | 1.75% on average per buy or sell |
| Account opening, account management and custody | free |
| EUR deposit by SEPA or instant transfer | free; your own bank may charge for SEPA Instant |
| Instant deposit by credit card, Apple Pay or Google Pay | 2.49% of the amount |
| EUR withdrawal, crypto deposits and withdrawals | free |
| Staking Ethereum and Solana | BISON keeps 27% of the staking rewards |
| Stocks and ETFs | EUR 1.99 per buy or sell |
How to save: Deposit by SEPA or instant transfer instead of card to save 2.49%. Buying and later selling EUR 1,000 of Bitcoin costs about EUR 25 through the spread, about EUR 35 for altcoins. If you trade often, compare that with exchanges that charge fixed maker and taker fees in our crypto exchange comparison.
As of 22 October 2026 according to BISON, fees and costs.
Pros & Cons
- 482 cryptocurrencies tradable, the widest selection among established exchanges (measured on 3 September 2026 via Binance's public API)
- Spot trading from 0.1% maker and taker, 0.075% with BNB
- Largest crypto exchange worldwide by trading volume, deep liquidity
- Proof of reserves with zk-SNARKs, latest coverage at least 100% for BTC, ETH, USDT and BNB (1 October 2026)
- Futures, staking and savings plans in the international offering
- No MiCA licence: since 1 July 2026 no new customers, deposits or buy orders in the EU; Binance withdrew its Greek application on 24 June 2026
- 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.
- Direct purchases by card cost 2%
- Guilty plea in the US in 2023 with a $4.3 billion penalty
- 70 cryptocurrencies tradable, plus over 2,500 stocks and ETFs
- Crypto custody by the BaFin-regulated Boerse Stuttgart Digital Custody GmbH
- Transfers to your own wallets are free of charge
- Staking and savings plans available
- Tax report offered as an added feature
- Deposits via SEPA, SEPA instant transfer and credit card
- Entry from as little as €1
- The proportional spread averages 1.25 % on Bitcoin and Ethereum and 1.75 % on all other cryptocurrencies
- SMS-based two-factor authentication; stronger methods would be welcome
- Processing times of up to 24 hours for wallet transfers are occasionally criticised
Score Comparison
User Experiences
AI AnalysisAccording 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.
Users generally describe BISON in the evaluated user data as easy to understand and clear. In particular, the intuitive and easy-to-use app is frequently praised in reviews, while fees, support, and the selection of coins are seen more critically by users.
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
| available | Savings plan | available |
| available | Staking | available |
| available | Wallet transfer | not available |
| not available | Cost transparency | not specified |
| available | 2FA security | not specified |
| available | Whitelist | not specified |
| available | SEPA transfer | not specified |
| available | Credit card | available |
| not available | Minimum amount | not specified |
| available | Mobile app (iOS/Android) | available |
| not specified | BaFin-regulated custodian | available |
| not specified | Web platform | available |
| not specified | Tax report | available |
| not specified | SEPA instant bank transfer | available |
- Largest crypto exchange worldwide by trading volume
- Spot from 0.1%, 0.075% with BNB
- Proof of reserves with zk-SNARKs
- On the market since 2017
- Powered by Börse Stuttgart with many years of capital markets experience
- Free wallet transfer to your own wallets
- Tax report for crypto tax filing
- BaFin-regulated crypto custody
The five areas head to head
AI AnalysisFees & Costs
Users often cite Binance’s fees as a positive point and frequently describe them as low compared with other providers. At the same time, some reviews perceive the fees as too high. Overall, user data suggests a predominantly positive view of the fees.
When it comes to fees and costs, users report criticism comparatively often. According to reviews, the fees and spread are repeatedly described as high. Especially among price-conscious users, this area is therefore perceived rather critically in the user data.
Usability & User Experience
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.
Users mainly report a clear design and an intuitive app with BISON. According to reviews, the platform is often described as easy to use, user-friendly, and self-explanatory. Some users mention annoying notifications and report that verification does not always go smoothly.
Features & Offering
According to reviews, users mainly praise the large selection of coins. Users also report that Binance is suitable for beginners and appears easy to use. Occasionally, users would like additional language options as well as an iPad app to better adapt the offering to their usage.
According to reviews, users are rather reserved about BISON’s offering, mainly because of the limited coin selection. Many users would like to see more coins or cryptocurrencies; additionally, an API for Blockpit, staking, savings plans, as well as an iPad or Mac version are mentioned occasionally.
Stability & Security
According to reviews, Binance is perceived by many users as reliable. Overall, the opinion on stability and reliability is predominantly positive.
In terms of stability and reliability, many users are generally positive about BISON. According to reviews, the app is repeatedly described as reliable. However, some users report app crashes, so from the perspective of individual reviews the technical reliability still has room for improvement.
Customer Support
User data paints a rather critical picture of support: users report a lack of support. Verification is also described as time-consuming in some reviews. In addition, users would like better assistance with account-related issues and withdrawals.
When it comes to support, users report mixed experiences in the reviews, but overall rather critical ones. There is repeated mention of no support or long response times, which is why some users describe customer service as room for improvement. Support is also occasionally mentioned critically in connection with delays around withdrawals.
Details
| Binance Holdings Ltd. | Company | EUWAX AG |
| 2017 | Founded | 2019 |
| License in Germany refused by BaFin | Regulation | MiCAR licence from BaFin: EUWAX AG for crypto trading (since 1 April 2025), Boerse Stuttgart Digital Custody GmbH for custody (since 17 January 2025) |
| ~$10 USD | Minimum Amount | € 0.01 |
| Photo ID | KYC | eID, VideoIdent |
Verdict
In our overall rating Binance leads with 4.3 against 2.5 for BISON.
On disclosed fees you pay €11.50 less at Binance per €1,000 purchase.
For most investors Binance is therefore the better choice.
In short: Binance is the world's largest crypto exchange by trading volume: more than 480 coins, spot trading from 0.1%, from 0.075% with BNB, plus futures and a regular proof of reserves. For investors in the EU, licensing comes first: since 1 July 2026 Binance has not accepted new customers, deposits or new buy orders in the EU. According to Binance, balances remain accessible and can be withdrawn.
Is Binance safe and licensed in the EU?
Binance is not taking new customers in the EU at the moment. Crypto exchanges need a licence under the EU's MiCA regulation to serve customers in the EU. The transition period for providers registered under national rules ended on 1 July 2026 across the EU, and on 31 December 2025 in Germany. Binance does not appear in the ESMA register (file of 22 October 2026, 387 licensed providers). Binance withdrew its application with the Greek capital market regulator on 24 June 2026 and announced that it would apply in another EU member state. Background in our report on the Binance MiCA licence.
Reserves and track record: Binance regularly publishes a proof of reserves, verified with a Merkle tree and zk-SNARKs. The snapshot of 1 October 2026 shows coverage of 100.35% for Bitcoin, 100.00% for Ether, 103.88% for USDT and 100.47% for BNB (Binance proof of reserves). For emergencies such as hacks, Binance keeps its SAFU fund. In 2023 Binance pleaded guilty in the US to breaching anti-money laundering rules and paid $4.3 billion.
What you can do yourself: if you still hold funds at Binance, turn on two-factor authentication and a withdrawal address whitelist, and keep larger amounts in your own wallet, for example a hardware wallet, or move them to an exchange with a MiCA licence.
Who is Binance for?
Binance suits experienced traders outside the EU who want a very large choice of coins, futures and low spot fees. If you want to open an account in the EU, choose an exchange with a MiCA licence, such as OKX, Kraken, Bybit EU or Bitvavo. Our report on Binance fees breaks down the costs; all licensed providers are listed in our comparison of regulated crypto exchanges.
BISON is the crypto app of Börse Stuttgart and is perceived in the DACH region as a provider with a traditional capital markets background. Crypto custody is handled by Boerse Stuttgart Digital Custody GmbH, which is regulated by BaFin. According to BISON, 70 cryptocurrencies are tradable, plus stocks and ETFs.
As one of the few offerings among German brokers, BISON allows free wallet transfers to your own wallets. Staking, savings plans, and an integrated tax report are also available. Deposits are possible via SEPA, instant bank transfer, and credit card.
Costs sit in the spread, which according to BISON averages 1.25 % on Bitcoin and Ethereum and 1.75 % on all other cryptocurrencies, the upper range among the brokers compared. The exclusively SMS-based 2FA and the processing time for wallet transfers of up to 24 hours are also seen as room for improvement. Overall, BISON is aimed at investors who prefer an established German provider and are willing to accept trade-offs in fees and coin selection.