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Binance review
4.6/ 5
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The largest crypto derivatives venue by open interest and volume, offering USDⓈ-M and COIN-M perpetuals and futures across hundreds of pairs. Deep liquidity and tight spreads are its defining strengths. Availability, leverage caps, and product access vary materially by jurisdiction due to ongoing regulatory restrictions, so confirm what applies to your region before trading.
Key facts
| Maker fee | 0.0200% | avg 0.0192% |
| Taker fee | 0.0500% | avg 0.0517% |
| Max leverage | 125x | avg 96x |
| Founded | 2017 |
"avg" = the average across all 6 venues we review.
Pros
- +Deepest liquidity and open interest among centralized perp venues
- +Broad selection of USDⓈ-M and COIN-M contracts
- +Mature risk engine with tiered margin and insurance fund
Cons
- -Access and products restricted or unavailable in several jurisdictions
- -Ongoing regulatory and compliance scrutiny in multiple markets
- -High maximum leverage can amplify liquidation risk for inexperienced traders
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Ready to trade perps on Binance? Check current funding and open interest in the markets data first — and see how Binance ranks in our best futures exchanges list.