10 Best Binance Alternatives in 2025

Binance is one of the world’s leading crypto exchanges. It has handled over $128 trillion in transactions since 2017. The exchange lists around 400 cryptocurrencies and serves 280 million users. Yet, some people are switching due to regulations or wanting a different experience. If you’re looking for the best Binance alternatives, this guide is for you. Best Alternatives to Binance Coinbase: Best for crypto newbies who are looking for a simple and user-friendly platform. ChangeNOW : Best for traders and businesses focusing on Web3 trading. Kraken: Ideal for advanced trading tools and markets such as margin and derivatives trading. Bybit: Top choice for high leverage derivatives trading, including futures and options. OKX: Top for low trading fees and access to a wide range of cryptocurrencies. KuCoin: Best for overall advanced tools and peer-to-peer market. Gate: Excellent for altcoin hunters and high-frequency traders. Bitget: Best crypto exchange for high-volume copy trading of top-performing traders. Bitstamp: Best for fiat-focused traders who want a simple and regulated platform. MEXC: Excellent for traders chasing new token launches and a wide derivatives suite. Top Binance Alternatives Reviewed We tested 10 crypto exchanges based on the things that matter most to users across multiple jurisdictions. This includes listed cryptocurrencies, available pairs, trading fees, liquidity, and access to features like staking or margin trading. We also looked at security and whether each platform follows clear regulations. Coinbase: Ideal for Beginners Coinbase is a U.S.-based crypto exchange that was founded in 2012 by Brian Armstrong and Fred Ehrsam. The exchange operates in over 100 countries, including the United States, Canada, the United Kingdom, Germany, Brazil, and more. Coinbase has amassed more than 100 million users globally, with a lifetime trading volume of several trillion dollars. Coinbase has 307 cryptocurrencies listed, including Bitcoin, Ethereum, Solana, and more. The exchange offers 451 trading pairs and supports major fiat currencies such as USD, EUR, GBP, AUD, and more. Upon signing up, users are required to complete a verification process and connect a deposit link. Users can deposit funds through various channels, including bank wire transfers, ACH transfers, debit cards, and more. Deposit fees range from $0 to $10; however, debit card deposits incur a high fee of 3.99%. Crypto withdrawal fees are subject to network gas fees, while fiat withdrawal fees are free for ACH and SEPA transfers. Wire transfers cost $25. Coinbase offers spot trading, while margin trading is available through Coinbase Advanced. Options and derivatives trading became available on Coinbase International following the Deribit acquisition. In terms of trading fees, Coinbase uses a maker-taker model. Orders that are fulfilled immediately incur a taker fee ranging between 0.05% and 0.60%, while maker fees range from 0.00% to 0.40%. Coinbase enforces high security standards, storing assets in cold wallets. The platform also requires two-step verification for each account. Since Coinbase is incorporated in the United States, it adheres to regulatory requirements. The platform complies with KYC and AML regulations and holds various licenses both in the U.S. and internationally. Coinbase website Pros Simple onboarding process and clean interface. High liquidity with 307 coins and 451 trading pairs. Robust security measures. Cons Higher fees compared to other exchanges. Limited access to altcoins. Delayed customer support response. Why is Coinbase a good alternative to Binance? Coinbase is ideal for beginners who want to purchase their first cryptocurrency. The platform is easy to navigate and offers a simple user interface. Moreover, Coinbase provides clear instructions for buying, selling, and storing digital assets through its learning resources. For anyone seeking a trusted and regulated exchange, Coinbase remains one of the safest choices. ChangeNOW: Best for Web3 Finances ChangeNOW is a crypto exchange that caters to limitless Web3 trading. Established in 2017, ChangeNOW has amassed 5 million users from around the world due to its fast swaps. Anyone can start trading crypto assets on ChangeNOW with as little as $2 and no upper limit. The exchange is non-custodial, allowing users to maintain full control over their digital assets. Moreover, ChangeNOW users can set a permanent exchange address, streamlining crypto swaps. ChangeNOW has over 1,500 digital assets listed, including DeFi tokens, stablecoins, layer-1 and layer-2 tokens, AI coins, GameFi coins, and more. Moreover, ChangeNOW allows cross-chain transactions across 110 networks, including Ethereum, Solana, Binance Smart Chain, Polygon, Near, and Avalanche, to name a few. The exchange offers 2,250,000 trading pairs. ChangeNOW supports over 70 fiat currencies such as USD, EUR, AUD, HKD, and others, making it easy for beginners to acquire digital currencies. Users can deposit fiat and buy crypto through Visa, MasterCard, Google Pay, Apple Pay, FasterPay, SEPA, Pix, ACH, and Revolut. Around 98% of crypto swaps on ChangeNOW are completed at a better rate than initially quoted. A small deviation of 0.5% still results in a rate very close to the estimate. Most transactions are tracked in real time and fulfilled quickly—within 2 minutes. ChangeNOW has no hidden fees, as costs are included in the rate shown upfront. Customer support helps resolve complex issues like sending coins to the wrong address and is available 24/7 via email and live chat. ChangeNOW has a user satisfaction rating of 4.5 on TrustPilot, based on 13,000 reviews. ChangeNOW caters to experienced traders through ChangeNOW Pro, an advanced crypto management solution. ChangeNOW Pro is ideal for high-volume crypto trading. It offers different perks compared to the standard platform, such as cashback via the NOW token, competitive fees, and faster transactions. ChangeNOW also offers other products like NOW Wallet, NOW Tracker, and crypto loans. ChangeNOW website Pros Offers a diverse range of coin and trading pairs. No limit on transaction and trading size. Fast transactions and no hidden fees. Cons No margin or derivatives trading. Incurs high fees on debit and credit cards purchases. Copy trading is not supported. Why is ChangeNOW a good alternative to Binance? ChangeNOW is the best Binance alternative for traders who are looking for simplified swaps and privacy . The exchange is non-custodial and offers more coins and trading pairs compared to Binance. Moreover, ChangeNOW is available in regions where Binance faces regulatory restrictions, such as Canada and the UK. Kraken: Top for Advanced Trading Features Kraken is one of the oldest and most trusted cryptocurrency exchanges. It was co-founded by Jesse Powell in 2011 and is headquartered in Wyoming. Kraken was created to provide secure Bitcoin trading before alternative coins like Ethereum and Litecoin existed. The 14-year-old exchange has over 15 million users across 190+ countries. Users can buy, sell, and trade 463 cryptocurrencies and 15 stablecoins like USDT and USDC. Kraken offers access to more than 11,000 stocks and ETFs for U.S.-based traders. Moreover, Kraken supports 10 major fiat currencies, including USD, EUR, CAD, AUD, GBP, CHF, JPY, ARS, BRL, and MXN. Kraken has several products, including the main Kraken trading app, Kraken Pro, Kraken Desktop, Kraken Institutional, Ink, and Kraken. The main Kraken app is designed for retail investors. It offers straightforward access to spot and futures trading markets, making trading accessible to everyone Kraken is a payment service competing with Binance Pay. This service lets casual users simply send fiat currencies like USD or EUR, or cryptocurrencies like Bitcoin, to anyone worldwide. Krak operates in more than 160 countries and supports over 300 currencies. Kraken Pro and Kraken Desktop are designed for experienced traders who want to perform technical analysis using advanced charting tools. The Pro version also offers spot trading, margin contracts with up to 5X leverage, and futures contracts with up to 50X leverage. Availability of margin and futures contracts varies by the user’s country or region. Kraken has slightly higher trading fees. However, it has a tiered fee model with maker fees starting at 0.25% and taker fees at 0.40%. The exchange offers discounts for high-volume traders, and subscribing to Kraken+ can further reduce fees. Kraken has a user-friendly trading app available on iOS and Android. The crypto exchange is known for its responsive customer service. The exchange has 24/7 customer support through live chat, email, and phone support. Kraken’s customer support service supports more than 12 languages. Kraken has a user-friendly trading app available on iOS and Android. The exchange is known for its responsive customer service. It offers 24/7 support via live chat, email, and phone. Kraken’s customer support team covers more than 12 languages, including English, Dutch, German, and Chinese. Kraken implements strong security measures like two-factor authentication (2FA) and stores the majority of assets in cold storage. It has conducted proof-of-reserves (PoR) audits since 2014 and runs a bug-bounty program. Kraken has never experienced a hack or breach since its inception. Kraken website Pros Well-established exchange, operating for 14 years. Access to advanced trading like margin and futures markets. Regulated and highly secure crypto exchange with no hacks or breaches. Cons Advanced trading interfaces and tools are complex for beginners. Availability of services and products is limited in certain regions. Slow or delayed customer support response. Why is Kraken a good alternative to Binance? Kraken is a great alternative to Binance for experienced traders residing in North America and the Eurozone. It’s a well-established crypto exchange with no history of hacks or breaches, making it ideal for those seeking high security. Kraken is a versatile platform serving retail investors, high-volume traders, and institutional clients. Bybit: Best of Futures Trading Bybit is one of the largest cryptocurrency exchanges, operating since 2018. It was founded by Ben Zhou and is currently headquartered in Dubai, UAE. It now serves over 74 million users and operates in 241 countries, making it a global exchange. Bybit has 2,093 cryptocurrencies listed, from Bitcoin and Ethereum to other altcoins. The exchange offers deep liquidity with high daily trading volumes in billions of dollars. Bybit supports various deposit methods through crypto and fiat currencies. Users can fund their accounts with crypto through network transfers or peer-to-peer (P2P) markets. The exchange supports a wide range of fiat currencies, including USD, EUR, GBP, CHF, and JPY. Users can fund their accounts through bank transfers or credit/debit cards. Fiat deposit fees vary by method and provider. Withdrawal fees vary depending on local banks and or payment services. Trading on Bybit’s spot markets has a flat maker and taker fee of 0.1%. Advanced trading on perpetual futures markets incurs maker fees of 0.02% and taker fees of 0.055%. Options traders pay maker fees of 0.02% and taker fees of 0.03%. Moreover, Bybit has a VIP tiered fee structure that reduces fees to as low as 0.015% maker and 0.005% taker fees. Traders with deep pockets and a risk appetite can leverage trade up to 100X. Bybit is compliant to international regulations, implementing strong KYC and AML measures for user identification processes. The platform restricts users seeking to buy crypto from places like the U.S., China, Hong Kong, Canada, and the U.K. Bybit stores the majority of digital assets in cold wallets and protects them through additional layers of security. Bybit website Pros Excellent for derivatives trading like futures and options. Offers zero-fee P2P trading with 570+ payment methods. Extensive educational resources for beginners. Cons Derivative trading is highly risky for inexperienced traders. Fiat withdrawal fees are variable and depend on the provider. Limited fiat currency support compared to its global availability. Why is Bybit a good alternative to Binance? Bybit is the best Binance alternative for derivatives traders who are looking for high leverage trading of up to 100x. The platform has liquidity depth, tight spreads, and low fees, competing with Binance’s derivative markets. Bybit is highly responsive and stable during volatile market conditions. OKX: Excellent for Overall Crypto Traders OKX was founded in 2013 by Star Xu and was known as Okcoin. In 2017, the exchange rebranded to OKX and has since grown into one of the world’s most prominent crypto platforms. Today, OKX serves over 60 million users across more than 200 countries. The platform lists 297 cryptocurrencies across 700+ trading pairs, from Bitcoin and Ethereum to other altcoins. OKX accepts fiat deposits from bank transfers, debit or credit card payments, Apple Pay, and Google Pay. The exchange supports multiple fiat currencies like USD, EUR, CNY, AUD, and others. Deposit fees vary between flat fees, percentage fees, or a combination of both. Cash withdrawals are available on OKX with fees of $30 for wire transfers. OKX also offers zero-fee P2P trading with 900+ local payment methods for seamless fiat on- and off-ramps. OKX has several trading options available, including spot, futures, and options trading. Traders can execute spot trades at 0.14% maker and 0.230% taker fees. The platform offers up to 10X leverage in margin markets and trades derivative contracts, including futures and options. Futures contract fees range between 0.02% maker fees and 0.05% taker fees. Options trading maker/taker fees are set at 0.030%. With daily volumes often exceeding $1.7 billion, OKX ranks as the second-largest exchange by trading volume. Its deep order-book liquidity ensures rapid, low-slippage execution for both retail and institutional orders. Mobile apps on iOS and Android mirror the web interface, letting users trade on the go without missing a beat. OKX employs advanced encryption, two-factor authentication, and stores the majority of funds offline in cold wallets. OKX publishes monthly Proof-of-Reserves (POR) reports to demonstrate full asset backing and operational transparency. It holds multiple regulatory licenses—including MiCA in the EU and a payment institution license from MAS in Singapore. OKX mandates KYC/AML verification for all users. OKX website Pros Offers low trading fees for spot, futures, and options markets. Provide a seamless interface and excellent user experience. Offers a zero-fee P2P trading platform with hundreds of local currencies. Cons Complex trading tools make it unsuitable for beginners. Restricted in major regions like the U.S., Canada, and China. Relies on payment processors, which incur high fees. Why is OKX a good alternative to Binance? OKX is the ideal Binance alternative to users who are looking for an exchange rich with key features and trading markets. OKX offers competitive trading fees and a zero-fee P2P market, just like Binance. If you’re an experienced trader looking for an exchange packed with features, OKX is your best bet. KuCoin: Top Global Crypto Hub KuCoin is a crypto exchange founded by Michael Gan and Eric Don in 2017. Today, KuCoin operates in over 200 countries and serves more than 40 million users, making it a truly global platform. KuCoin gives you access to over 900 coins and emerging tokens, including BTC, ETH, SOL, and XRP. Plus, the exchange supports 48+ fiat currencies like USD, EUR, AUD, CAD, CHF, and JPY. You can deposit funds via crypto transfers, bank wires, or debit and credit cards. Crypto deposits are free, while fiat deposits may come with fees—think a €1 SEPA charge or a small percentage on card payments. KuCoin offers several trading options. On spot markets, traders pay a flat 0.1% fee for both makers and takers. You can slash that by 20% if you pay with KCS, the exchange’s native token. KuCoin also supports up to 10X margin trading, as well as futures and options. Futures fees are 0.02% for makers and 0.06% for takers. Other advanced trading features include lending and DeFi staking. Peer-to-peer (P2P) margin trading and lending are available on KuCoin. Institutional-size orders are processed through KuCoin’s OTC desk. Algorithmic traders can use KuCoin’s REST and WebSocket APIs for automated trading. In terms of accessibility, KuCoin’s feature-packed dashboard is available on the web, iOS, and Android devices. Customer support is on hand 24/7 via live chat and email. Learning materials are offered through KuCoin’s blog and help center guides. KuCoin uses encrypted infrastructure with security features like two-factor authentication and multi-sig wallets. Digital assets are held in cold storage, but KuCoin doesn’t publish regular proof-of-reserves. KuCoin enforces mandatory KYC and AML checks for its fiat services. It also blocks access from regions like the U.S., China, Hong Kong, Singapore, and Canada. KuCoin website Pros Global presence with access to 900+ coins. Low trading fees plus discounts for KCS holders. Tons of trading options—spot, margin, derivatives, P2P, and OTC. Cons Unavailable in major regions like the U.S., China, and Canada. Feature-packed interface can overwhelm newbies. No consistent, public proof-of-reserves audits. Why is KuCoin a good alternative to Binance? KuCoin is a solid Binance alternative with low fees, a massive coin lineup, and advanced trading tools. It offers spot and margin to futures trading, P2P, and OTC, just like Binance. If you want to switch from Binance and try a new exchange, KuCoin is an excellent choice. Gate: Best Gateway to Crypto Gate is a global cryptocurrency exchange founded by Dr. Han in 2013. The exchange was known as Bter.com and operated from China. However, it rebranded to Gate and moved to the Cayman Islands due to regulations and restrictions in 2017. Gate is available in over 200 countries and has more than 34 million users worldwide. The exchange lists over 3,500 cryptocurrencies and supports more than 2,661 trading pairs. Users can deposit funds through crypto transfers, credit/debit cards, Apple Pay, Google Pay, or bank wires. Gate supports over 60 fiat currencies, making it easy to buy crypto using your local currency. Gate has a wide range of trading products. Users can buy and sell crypto, trade on spot futures markets, and margin trade. Gate charges a flat 0.1% fee for both makers and takers on spot trades. Futures trading fees stand at 0.02% maker and 0.075% taker. Margin traders can access up to 10X leverage while futures traders can choose between perpetuals and options, and CBBC contracts—Callable Bull/Bear Contracts. Gate offers flexible and fixed staking products as well as copy-trading features for social trading. It also provides a zero-fee P2P marketplace and an OTC desk for low-slippage orders with liquidity depth and tight spreads. Developers and institutional traders can scale and automate trading through Gate’s API access. The web and mobile apps feature intuitive dashboards. Gate offers advanced charting tools for traders at all levels. Customer support is available 24/7 through live chat and email ticketing. Security measures at Gate are high. It includes multi-signature cold wallets, two-factor authentication, and real-time risk controls. The exchange has insurance coverage, protecting users from any immoderate losses or liquidations. Gate has published monthly Proof-of-Reserves (PORs) audits since 2020, confirming 1:1 asset backing for all users. Gate is licensed and registered in several countries, including Hong Kong, Argentina, the Bahamas, Gibraltar, Italy, Lithuania, Malta, and the UAE. Gate website Pros Supports 3,500 coins and 2,661 trading pairs. User-friendly, intuitive interface. Routine proof-of-reserves (POR) audits since 2020. Cons Occasional withdrawal delays. A history of alleged hacks and security breaches. Not available in the U.S. Why is Gate.io a good alternative to Binance? If you’re a frequent trader looking for a variety of coins, then Gate is the best alternative to Binance. Gate beats Binance with 3,500+ cryptocurrencies on its roster. Bitget: Best for Copy Trading Bitget was founded by Sanjay Jain in 2018. It has grown into a leading crypto exchange and Web3 company with 120 million registered users. The platform is accessible in over 150 countries and regions, making seamless trading of crypto available globally. Bitget supports trading Bitcoin and 680 coins across 780 trading pairs. The exchange lets you deposit crypto and fiat through various methods, including credit/debit cards, P2P trading, bank transfers, cash conversion, and other third-party channels. Bitget supports 14 fiat currencies for bank deposits—like EUR, RUB, AUD, CAD, CHF, and more. Bitget users trade on spot and margin markets. Spot trades incur 0.1% maker and taker fees, which drop to 0.08% when you pay with BGB, the exchange’s native token. Margin trading offers up to 10X leverage, with 0.1% maker/taker fees plus interest on borrowed funds. Futures trading is available on Bitget with maker/take fees of 0.02% and 0.06%. Further fee discounts are applicable for BGB holders and volume traders. Bitget offers copy trading from 2020, allowing users to mirror trading strategies with a few clicks. The exchange charges a 10–20% profit-sharing fee on copied trades, paid to elite traders. Bitget’s copy-trading volume hit $9.2 billion in the first quarter of 2025. Bitget employs offline multi-sig cold storage and 2FA, protecting user assets and accounts. It publishes monthly proof-of-reserves reports that show all user funds are fully backed. Additionally, a protection fund of $300 million provides an extra safety net against unexpected incidents. Bitget website Pros Low trading fees with potential discounts. Pioneer in copy trading with high volumes. Robust security, routine reserves audits, and insured funds. Cons Limited fiat options. Limited earn products. Occasional downtime during peak trading periods. Why is Bitget a good alternative to Binance? Bitget is the best alternative to Binance for traders looking for a feature-rich copy-trading exchange. It boasts massive volume and a huge pool of advanced strategists to follow. If you want to switch from Binance to an exchange with a more hands-off, social trading vibe, Bitget is the perfect pick. Bitstamp: Excellent for Easy Trading Bitstamp launched in 2011 in Slovenia by co-founders Damian Merlak and Nejc Kodrič. It serves over 5 million users across more than 100 countries. Bitstamp offers access to 101 crypto coins and 224 trading pairs. Moreover, it supports fiat deposits in USD, EUR, and GBP only. Crypto and SEPA deposits carry zero fees, while crypto withdrawals cost network fees and SEPA takes €3. Users can get started with Bitstamp through the mobile app. Its simplicity makes it easy to buy and sell crypto. The app lets users access Bitstamp Earn and stake coins like ETH and ADA. Pro traders can spot trade and execute instant orders, market orders, limit orders, and stop orders. A trailing stop order lets pro traders execute dynamic buy or sell orders. Spot trading fees start at 0.30% maker and 0.40% taker, with tiered volume discounts for active traders. Margin trading is available with leverage of up to 5X. Derivatives trading is not available; however, Bitstamp will offer it in the future. Institutional clients can access an OTC desk and trade between $100K and $2M per transaction. Tech-savvy users can connect bots to Bitstamp’s REST and WebSocket APIs and automate strategies for trading. The web and mobile apps feature an intuitive interface alongside a learning center with guides and tutorials. Customer support is available 24/7 via live chat, email, and phone calls. Multi-language support extends beyond English to serve a global audience. Security measures include encryption and two-factor authentication. Multi-signature cold wallets hold 95% of assets, while the remaining 5% is available on an online wallet. Bitstamp maintains 100% backing of all customer assets—holding them 1:1 in custody. Bitstamp is regulated and licensed in over 50 countries. It’s overseen by Luxembourg’s CSSF and was the first MiCA-licensed exchange. In addition, Bitstamp is registered in the U.S. with FinCEN and in Canada with FINTRAC. It’s also in regulatory compliance in the UK by the Financial Conduct Authority (FCA). Bitstamp mandates KYC and AML checks for all users, with innovative features varying by jurisdiction. Bitstamp website Pros Simple and easy to use. Highly regulated and licensed in 50+ countries. Well-established exchange, running for 14 years. Cons Staking products aren’t available everywhere. Limited fiat currency options. No derivatives trading. Why is Bitstamp a good alternative to Binance? Bitstamp is the best Binance alternative for users who want a highly regulated exchange that’s easy to use but with some advanced features. If you’re looking to buy and sell crypto and access staking and spot trading, Bitstamp is the go-to choice. MEXC: Best for Altcoins and Airdrops MEXC is a crypto exchange launched in 2018 and founded by Metin Mehmet Durgun and John Chen Ju. As of 2025, MEXC serves over 40 million users across more than 170 countries. It lists over 4,000 coins with 2,820 spot trading pairs and 810 futures trading pairs. MEXC stands out for altcoins by hosting a curated new listing calendar that adds dozens of tokens each week. Its Airdrop+ program runs 200+ simultaneous token drops with reward pools exceeding $17 million. On-Chain Bounty Airdrops feature up to $50 million USDT in prizes for completing simple on-chain tasks. MEXC supports 50+ fiat currencies such as USD, EUR, GBP, AED, and BRL. Deposit fees vary depending on the payment method. Deposit channels include SEPA bank transfers, credit/debit cards, Apple Pay, Google Pay, on-chain crypto transfers, and more. Onchain withdrawals incur network fees while SEPA withdrawals incur minimal fees. MEXC stands out when it comes to trading fees. Spot trading fees are 0% maker and 0.05% taker, while futures carry 0% maker and 0.020% taker fees. Traders can use up to 125X leverage on futures and access 2–5X leveraged ETFs. Copy trading is available on MEXC, letting users mirror trading strategies from pro traders. MEXC also offers savings products for 25+ tokens—like SOL and USDC—with varying APYs. Institutional investors benefit from an OTC desk and pre-market block trading for large, low-slippage orders. A zero-fee P2P crypto market is available on the exchange as well. Developers can plug into MEXC’s REST and WebSocket APIs to power trading bots and automate their strategies. MEXC has an intuitive web interface and mobile apps (iOS & Android) that make trading seamless on any device. The exchange has a learning hub, helping users learn about crypto and navigate the exchange. Security features include 2FA, encryption, multi-signature cold storage, anti-phishing codes, withdrawal whitelisting, and a bug-bounty program. MEXC maintains a dashboard showing 1:1 backing across spot, fiat, and futures accounts. It publishes public proof-of-reserves and enforces mandatory KYC/AML checks on all users. MEXC website Pros Wide range of altcoins and airdrops. Ultra-low fees of 0% maker and 0.05% taker on spot. Public dashboard showing assets backed 1:1. Cons No direct fiat withdrawals. Instant buys are limited to less than 100 coins. Overwhelming for newcomers. Why is MEXC a good alternative to Binance? If you’re hunting for new altcoins and airdrops, MEXC is the best Binance alternative. It runs a curated listing calendar and huge airdrop events. Plus, MEXC has ultra-low fees and deep liquidity, making it a contender to Binance. Decentralized Binance Alternatives Decentralized exchanges (DEXs) represent a trustless alternative to Binance compared to other crypto exchanges. DEXs run entirely on smart-contract protocols and execute transactions directly on the blockchain. No KYC verification is required. All you need is a Web3 wallet (e.g. MetaMask), a few network-native tokens for gas, and you’re ready to swap coins on the blockchain. DEXs are the fastest path to crypto trading. However, they are ideal for tech-savvy and advanced users, who understand on-chain data and know how to use network explorers like BSC scan. PancakeSwap PancakeSwap is a decentralized exchange (DEX) and automated market maker (AMM) that operates on the BNB Smart Chain. It enables DeFi transactions and activities, including BEP-20 token swaps, staking, yield farming, liquidity provision, and more. The DEX is powered by the native governance token CAKE, which has a buyback-and-burn mechanism. PancakeSwap is the best alternative DEX to Binance since it’s built on the BNB Smart Chain. It offers access to a variety of Binance support tokens with 706 listed tokens and 1,320 trading pairs. Pancake pumps billions of dollars in trading volume like its centralized counterpart, Binance. Uniswap Uniswap is one of the earliest and top decentralized exchanges in the crypto space. It’s the best Binance alternative for traders looking for exposure to the Ethereum network. Uniswap enables swaps on other networks, including Binance Smart Chain (BSC), as well as other layer-2 chains. The DEX boasts billions of dollars worth of trading volumes across all networks, making it more versatile than Binance. Uniswap V3 on BSC has 150 tokens and 286 trading pairs, while Uniswap V4 on BSC lists 54 tokens and 138 trading pairs. On Ethereum, Uniswap has thousands of tokens and trading pairs, giving traders a variety of options and deep liquidity. The UNI token is Uniswap’s native token, fueling the ecosystem with governance, staking, yield farming, and other DeFi activities. SunSwap Sunswap is a decentralized exchange built on the Tron network. The DEX has less trading volume compared to PancakeSwap and Uniswap, but it’s the best choice for traders moving from Binance to the Tron ecosystem. Sunswap lists 77 coins across 127 trading pairs. That figure combines both Sunswap V2 and V3. Most of Sunswap’s trading volume occurs in the USDT/WTRX pair, making its trading options somewhat limited. Overall, Sunswap is the best pick for decentralized trading of Tron tokens after Binance. What to look for in a Binance alternative? Listed Cryptocurrencies Rich availability of cryptocurrencies on a centralized exchange is vital for winning users over. When looking for a Binance alternative, it’s important to look at the number of listed coins. Binance has 407 coins available for trading across 1,478 pairs. Any alternative to Binance should match—or ideally beat—that lineup. Deposit Methods Binance covers a wide range of deposit methods. You can easily transfer fiat via bank deposits, credit and debit cards, or even Apple Pay and Google Pay. If you’d rather not use any of those, you can always hop onto Binance’s P2P market to pay or cash out. A solid Binance alternative should offer multiple deposit options and local payment channels. And since Binance supports 35 fiat currencies, a great alternative should match or beat that. Fees Exploring fees on alternatives to Binance is a make-or-break point. Competing with Binance is tough as it offers some of the cheapest trading fees in the crypto market. Binance charges a base fee of 0.1%, which you can drop to 0.075% by using BNB. A solid Binance alternative should match those rates. Most centralized exchanges sweeten the deal for volume traders, so finding one that fits your trading style without eating into your profits is key. Trading Products and Volume Finding the right trading product that matches your needs is a big deal. Binance boasts options like spot trading, margin trading, derivatives trading, and even social or copy trading. A solid Binance alternative should offer a mix of trading features—or at least the ones you need. And of course, the trading volume should be hefty, hovering close to Binance’s overall volume. Learning Resources Guides and content geared towards teaching users how to use an exchange are critical. The Binance Academy is one of the earliest and most popular crypto learning hubs. An alternative to Binance should offer extensive learning materials and guides that help users learn and navigate its platform. Most crypto platforms have followed in the footsteps of Binance and created an equivalent to the Binance Academy. Look for an exchange that has learning materials that are easy to find and consume. Supported Countries Binance does not support all countries. If you live in one of these countries and need an alternative to Binance, look for a centralized exchange with similar features, perks, versatility, and volume that’s legally allowed in your area. Security Trading on a highly secure centralized exchange is paramount. Binance has strong security measures in place. Most user funds are held offline, and reserves are audited monthly. A proof of reserves (POR) audit helps verify that assets are backed 1:1, and that’s important. On the user side, Binance enforces 2FA, anti-phishing codes, withdrawal whitelisting, and real-time risk management. Look for an alternative to Binance that has public, transparent records of its asset holdings and strong account security protocols. Wrapping Up The crypto space is full of exchanges trying to attract users and win them over. Binance is the number one crypto exchange in the world in terms of trading volume, making it the right crypto exchange for investment opportunities. However, there are other top crypto exchanges trying to secure a slice of the market. And some people want an alternative to Binance due to restrictions or just to switch things up and try a new trading experience. Whether you’re hunting for lower fees, deeper liquidity, a bigger coin roster, or a more social trading vibe, there’s a Binance alternative out there that’s just right for you.