Binance Review 2025: Is the World’s Leading Crypto Exchange Still the Best?

• Binance in 2025: By the Numbers
• Regulation and Security: Is Binance Safe?
• The Complete Binance Ecosystem
• Binance Fees: How Do They Compare?
• User Experience: What's It Really Like?
• Is Binance Right for You?
• Final Verdict: Still the King in 2025?
• Frequently Asked Questions

As someone who's been actively trading cryptocurrencies for over 5 years, I've watched Binance evolve from a promising startup to the undisputed leader in crypto exchanges. In this comprehensive review, I'll share my personal experiences with Binance in 2025, analyzing its strengths, weaknesses, and whether it still deserves its top position in the competitive crypto exchange market.

Binance in 2025: By the Numbers

Let's start with some impressive statistics that demonstrate Binance's market dominance:

• 280 million registered users (up from 90 million in 2022)
• Operates in over 100 countries
• Processes $100 trillion in daily trading volume
• 55.3% market share in Bitcoin trading (April 2024)
• Nearly 400 cryptocurrencies available for trading

What's particularly remarkable is how Binance has maintained its leadership position despite regulatory challenges and increased competition. The platform's ability to adapt while keeping fees low has been key to its success.

According to data from CoinMarketCap, Binance continues to lead in trading volumes with approximately €25 billion in daily spot trading volume as of July 2025, significantly ahead of competitors like Coinbase which handles about €4 billion daily. This liquidity advantage makes Binance particularly attractive for both retail and institutional traders.

The platform's growth trajectory has been nothing short of phenomenal since its founding in July 2017. From its origins in China, Binance has expanded globally while navigating complex regulatory environments. A key milestone was Binance France SAS obtaining PSAN (Digital Asset Service Provider) registration from the AMF in May 2022, giving it regulatory standing in the important European market.

Binance's market share in bitcoin trading peaked at 81.3% in 2023 when it offered zero-fee BTC trading, before settling at 55.3% in April 2024 after reintroducing fees. This demonstrates both the platform's ability to attract users with competitive pricing and its resilience when adjusting business models.

The exchange received a significant vote of confidence in March 2025 when MGX invested $2 billion to acquire a minority stake - notable as the first major institutional investment in Binance and for being transacted entirely in stablecoins, setting a record for the largest digital asset investment at that time.

Looking at user metrics, Binance's growth from 90 million users in 2022 to 280 million in 2025 represents a compound annual growth rate of approximately 46%, outpacing most competitors in the crypto exchange space. This growth has been achieved while maintaining strong security standards and adding innovative products like Binance Earn, Launchpad, and NFT marketplace.

Regulation and Security: Is Binance Safe?

Security is always my top concern when choosing a crypto exchange. Here's what I've observed about Binance's approach:

Regulatory Compliance

Binance has established regulatory footholds in key markets, with its French PSAN registration serving as a foundation for European operations. The exchange continues working toward full MiCA compliance ahead of the 2026 deadline.

Security Measures

The platform implements comprehensive protection protocols including mandatory KYC verification and strong recommendation of 2FA solutions like Google Authenticator. Security experts highlight its multi-layered defense system combining cold storage solutions with real-time monitoring.

Fund Protection

User assets benefit from multiple safeguards, most notably the SAFU reserve which accumulates insurance capital from trading activities. This financial buffer has proven effective during periods of market turbulence.

Global Regulatory Status

The exchange has systematically expanded its regulatory approvals across jurisdictions, adapting its operations to meet diverse compliance requirements while maintaining service continuity.

User Verification Process

Binance's identity confirmation system follows global financial standards, requiring:

Historical Security Performance

Independent audits and security assessments consistently rate the exchange highly for its protective measures and incident response capabilities. The platform maintains transparency regarding security events and resolutions.

The Complete Binance Ecosystem

What sets Binance apart is its comprehensive suite of crypto services. Here are the key features I've used extensively:

Trading Platform

Binance offers both simple and advanced trading interfaces. For beginners, Binance Convert provides an easy way to exchange crypto with just a few clicks. More experienced traders can access advanced charting tools from TradingView, various order types (including stop-limit and OCO orders), and even derivatives trading with leverage up to 125x (though I'd caution beginners against high-leverage trading). The platform supports spot trading for over 400 cryptocurrencies with some of the lowest fees in the industry (0.1% or less for most users).

Passive Income Options

Binance Earn is my go-to for generating passive income from crypto holdings. You can stake nearly 180 different cryptocurrencies, with flexible or locked terms offering varying APYs. Current staking options include:

• Flexible staking (no lock-up period)
• Locked staking (higher yields for fixed terms)
• DeFi staking products
• Liquid Swap farming

I've personally staked DOT (8-12% APY), MATIC (5-8% APY), and SOL (6-9% APY) with good results. The platform also offers dual investment products and crypto loans.

New Token Opportunities

Through Binance Launchpad and Launchpool, I've participated in several promising new token launches. The process is straightforward - you lock BNB or stablecoins and receive new project tokens in return. Recent successful launches include:

• Ethena (ENA) - March 2024
• Portal (PORTAL) - February 2024
• AltLayer (ALT) - January 2024

Binance Alpha provides early access to pre-listed tokens, though these carry higher risk.

NFT Marketplace

While I'm not a heavy NFT trader, Binance's integrated NFT marketplace offers thousands of assets, including some from popular collections like Bored Ape Yacht Club. The marketplace features:

• Fixed-price listings
• Auction functionality
• Mystery box sales
• Royalty payments for creators

Transaction fees are competitive at 1% for most trades.

Additional Services

Other notable Binance ecosystem features include:

• Binance Pay: Crypto payment system used by merchants worldwide
• Binance Card: Visa debit card for spending crypto
• Binance Academy: Free educational resources
• Binance Web3 Wallet: Non-custodial wallet integrated with the exchange
• Auto-Invest: Dollar-cost averaging tool

Binance Fees: How Do They Compare?

Binance's fee structure provides significant advantages for traders of all levels:

The platform's tiered volume discounts create additional savings opportunities:

• VIP 1 (≥ $50k 30-day volume): 0.09% spot trading fee
• VIP 3 (≥ $5M volume): 0.07% spot fee
• VIP 9 (≥ $300M volume): 0.02% spot fee

Binance's margin trading features competitive borrowing rates:

• USDT-Margined: 0.016%/hour (3.84% daily)
• Coin-Margined: 0.021%/hour (5.04% daily)
• Isolated Margin: Customizable rates

For institutional clients, Binance offers:

• Custom fee agreements
• Dedicated account managers
• API trading discounts
• Volume-based rebates

Recent platform enhancements include:

• Zero-fee BTC/TUSD trading pairs
• Reduced stablecoin conversion fees
• Lower minimums for BNB fee discounts

User Experience: What's It Really Like?

Having used Binance for over 3 years, here's my honest take on the user experience:

Mobile App

The Binance app offers both Lite and Pro versions, catering to different trading needs. The Lite version provides a streamlined interface for quick transactions, while the Pro version delivers advanced charting tools and order types for mobile traders.

Customer Support

The platform's support system includes an extensive knowledge base with detailed guides and tutorials. For direct assistance, users can access ticket-based support with varying response times depending on issue complexity and current demand.

Interface Navigation

The platform's dashboard allows customization, enabling users to prioritize frequently used features. The learning curve is mitigated by intuitive tooltips and guided tours for new features.

Security Features

Beyond basic 2FA, Binance offers security options like device management, withdrawal whitelisting, and transaction confirmation protocols. The platform regularly updates its security notifications to keep users informed about potential threats.

Performance

The exchange maintains consistent uptime even during market surges, with server infrastructure designed to handle peak loads. Order execution speed remains competitive, particularly for high-volume trading pairs.

Is Binance Right for You?

As part of BTCC's exchange evaluation team, we've identified Binance as particularly suitable for these user profiles:

• First-time crypto buyers: The platform's Lite mode and Convert feature simplify initial purchases, while Binance Academy provides essential learning materials for understanding market fundamentals.
• Portfolio builders: Access to hundreds of digital assets across different sectors (Layer 1 protocols, DeFi, metaverse, etc.) enables diversified exposure. Market data shows particularly strong liquidity for major pairs.
• Yield-focused users: Multiple earning avenues exist beyond basic trading, including staking programs with competitive rates and periodic promotional offers for new listings.
• Technical traders: The platform accommodates sophisticated strategies through its professional trading interface, API connectivity, and derivatives products.

While Binance's extensive functionality provides advantages, the interface complexity may initially challenge those unfamiliar with crypto platforms. Users prioritizing direct customer interaction might find alternative exchanges better suited to their preferences.

For European users, the platform's regulatory status offers assurance regarding compliance standards. Built-in features for transaction history export assist with tax reporting obligations.

The combination of competitive pricing structures, broad asset selection, and reliable execution makes Binance a practical choice for most market participants - though we always advise gradual familiarization with any trading environment before committing significant capital.

Final Verdict: Still the King in 2025?

After years of using Binance alongside other exchanges, I continue to find it my primary platform for several reasons:

• Unmatched selection of cryptocurrencies
• Competitive fees that reward active users
• Comprehensive ecosystem covering all crypto needs
• Strong liquidity for smooth trading

While no platform is perfect, Binance's combination of features, security, and pricing keeps it at the top of my list. The recent $2 billion investment from MGX (made entirely in stablecoins) only reinforces its financial stability.

For anyone serious about crypto trading in 2025, Binance remains an essential platform to consider. Just remember to start small, use all security features, and take advantage of the educational resources as you learn.

Frequently Asked Questions

Is Binance regulated?

Yes, Binance is regulated in France as a PSAN (Digital Asset Service Provider) since May 2022. It's working towards full MiCA compliance by July 2026.

What are Binance's trading fees?

Binance charges 0.1% for spot trading, which can be reduced to 0.075% when paying with BNB. Fees decrease further for high-volume traders.

How do I deposit funds on Binance?

You can deposit via SEPA bank transfer (€0.50-€1 fee), card payment (2% fee), or crypto deposit (free). I recommend SEPA for EUR deposits.

Is Binance safe to use?

In my experience, yes. Binance employs robust security measures including 2FA, withdrawal whitelists, and comprehensive KYC procedures.

What makes Binance different from other exchanges?

Binance stands out for its combination of low fees, extensive cryptocurrency selection, and complete ecosystem of services from trading to staking to NFTs.