Binance
NOTE: Binance halts services for EU users on 1 July 2026, as it did not obtain a MiCA licence. The world's largest exchange globally, but no longer suitable for EU users — see MiCA-licensed alternatives (Bybit, Bitvavo).
Pros
- + World's largest exchange (liquidity)
- + Wide product range and low futures fees
- + Low 0.1% fee
- + Earn, Launchpad, Copy Trading
- + Free SEPA deposits
Cons
- − Halts EU services from 1 July 2026 (no MiCA licence)
- − Past regulatory issues
- − Complex UI for beginners
Binance was founded in 2017 and is the world's largest cryptocurrency exchange — 150M+ users and the highest trading volume on the market. European users could access the Binance.eu platform, but Binance did not obtain a MiCA licence and halts EU services on 1 July 2026. The exchange offers 350+ cryptocurrencies for EU users, low 0.1% fees and an unmatched product range — spot, futures, staking, P2P, Launchpad and more.
How to register on Binance from Estonia?
NOTE: from 1 July 2026 EU users can no longer open an account or deposit on Binance (no MiCA licence). The historical process was:
- Go to binance.com/en/eu — Create an account with email and password.
- Email verification — Enter the code sent to your email.
- KYC verification — Passport, driver's licence or ID card + selfie. Approval: 10–60 minutes.
- SEPA deposit — Free EUR bank transfer. Arrival: 1–2 business days.
- Buy crypto — Spot market, P2P or credit card.
Binance fees 2026
| Transaction | Fee | Note |
|---|---|---|
| Spot maker/taker | 0.10% | Standard |
| Spot with BNB | 0.075% | 25% discount when paying with BNB |
| SEPA deposit | Free | EUR bank transfer |
| Credit card | 1.8% | Visa/Mastercard |
Key features
- Binance Earn — Staking, savings, dual investment and launchpool. Up to 20% APY on select assets.
- Launchpad — Early access to new crypto projects before public listing.
- Copy Trading — Automatically mirror successful traders' positions.
- P2P Trading — Buy and sell crypto directly with other users via bank transfer.
- Futures — Up to 125x leverage. Experienced traders only.
Security
Binance operates the SAFU fund (Secure Asset Fund for Users) — a reserve protecting users against hacks (over $1 billion). The platform supports 2FA, device management and IP restrictions. Binance faced regulatory challenges in the past, and in 2026 it remained without an EU MiCA licence, so it halts EU services on 1 July 2026.
Who is Binance best for?
Best for: experienced users who want the widest product range — staking, launchpad, P2P, futures and NFT. The largest market liquidity means the best prices. Downside: the interface is overwhelming for beginners; past regulatory issues create distrust for some users.
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