![]() Bug Bountyīug bounty program is a security measure that receives bug reports on security vulnerabilities from white-hat hackers.īinance has an active bug bounty program at BugCrowd with a total bounty of $100,000. It’s among the very few AAA exchanges with Three Ticks in CERtified Badge and CoinGecko Trust Score of 10.īinance has received max scores in bug bounty, pentest, and proof of funds from CER. How secure is Binance?Īccording to CER’s methodology of 20 security indicators, Binance is very secure. Users are promoted with special offers every week. ![]() Binance has the most extensive marketing and promotional campaigns. Transaction fees are the lowest on the market of up to 0.1%. Seasoned traders can have even more control and opportunities with a pro account, margin trading, and high leverage. It’s worth noting that USD fiat currency is only available for Binance US.īinance exchange can be accessed on mobile, web, and desktop. There’s also an immense market for derivatives with 255 pairs and around 8 billion in 24 open interest.ĭespite having its own BUSD, USDT is still the dominant currency on Binance, with a share of 65%. The most popular spot pairs are BTC/USDT(37%), BTC/BUSD (16%), ETH/BUSD (9%), and ETH/USDT (6.7%). In total, 1466 pairs are available for trade in the spot market. Product Mixīinance users can buy and sell up to 357 coins. There’s a separate legal entity solely for American users called Binance US that is registered in California. In the past 12 months, the average 24-h trade volumes have fluctuated between $6 and $30 billion.īinance is incorporated in the Cayman Islands. Binance reached a peak daily trading volume of $65 billion on May 12, 2022. Binance’s website has around 90 million monthly pageviews, the same figure as the number of registered users. With a daily volume exceeding $25 billion, Binance is the biggest CEX in the world. No other platform matches Binance in terms of trading volume and number of users. Since its launch in 2017, Binance has grown into a crypto behemoth with a diverse stack of products and services built around the BNB chain. Binance is the largest crypto exchange in the world.
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