Ranked #1 · Best Overall

Binance Review & Referral Code

Founded 2017 HQ Cayman Islands / Global Coins 350+ KYC Required Min deposit $1

If you only sign up for one crypto exchange, this is it. Deepest liquidity in the industry, the most spot pairs, the largest education hub, and a sign-up flow polished by 200+ million users.

★ Beginners★ All-round trading★ Spot liquidity
SpotFuturesOptionsEarnLaunchpadP2PNFT

Why it ranks where it does

  • Deepest liquidity = tightest spreads in crypto
  • 350+ spot pairs, 200+ futures contracts
  • BNB token reduces fees by an additional 25%
  • Mature ecosystem: Earn / Launchpad / P2P / NFT

What's not great

  • KYC required for full access
  • Restricted in some jurisdictions

Binance fees at the entry tier

FeeRateNote
Spot0.10%Before the 20% off fees referral discount
Futures maker0.02%Entry tier, no volume requirement
Futures taker0.05%Entry tier, no volume requirement

Rates read from Binance's published fee schedule ↗ and last checked 18 May 2026. Exchanges change these without notice — confirm on their site before depositing.

How to claim the Binance referral discount

  1. Open Binance through the button on this page — referral code KOW3WB5T is attached to the link, so you do not have to paste it.
  2. Verify your email, then complete identity verification — Binance makes KYC mandatory before withdrawals, so have a government ID ready.
  3. Fund the account. The minimum that unlocks the bonus tier here is $1.
  4. Place one qualifying trade. Spot fills at 0.10% and futures taker at 0.05% at the entry tier.
  5. The 20% off fees discount binds to the account permanently — it does not need renewing and it does not expire.

Compare Binance with the rest

See where Binance ranks against the other 10 exchanges in our 2026 tier list.

Open the tier list →