Name: Binance
Brand: Binance
Price: 10 INR
Availability: InStock
Rating: 4.5 (1 reviews)

Overview

Binance revolutionizes cryptocurrency trading as the world's largest exchange with over 289 million users, offering new users up to 100 USDT in trading fee rebates plus a lifetime 20% discount on spot trading fees. The platform combines industry-leading 0.1% base fees with unmatched liquidity across 350+ cryptocurrencies and advanced features including futures, staking, and margin trading. Perfect for traders seeking comprehensive crypto exposure with professional-grade tools and security. With FIU-IND registration and global regulatory compliance, Binance provides Indian users with secure access to international crypto markets despite no direct INR deposit support.

Pros

↑World's largest exchange with deepest liquidity and 350+ cryptocurrencies
↑Competitive 0.1% base fees with 25% BNB discount reducing costs further
↑Comprehensive trading products including spot, futures, margin, staking, and earn programs

Cons

↓No direct INR deposit or withdrawal support requiring third-party workarounds
↓Complex interface with steep learning curve for cryptocurrency beginners
↓Past regulatory scrutiny in India requiring compliance with strict AML regulations

Key Highlights

Welcome Offer
Up to 100 USDT bonus
Get up to 100 USDT in trading fee rebate vouchers
20 USDT for completing KYC verification
30 USDT for first deposit above 50 USD equivalent
50 USDT for completing first trade
Must complete within 14 days of registration
Vouchers valid for trading fee offsets only

Trading Costs
0.1% base fees
Spot trading: 0.1% maker and taker fees
Futures: 0.02% maker, 0.05% taker fees
25% discount when paying fees with BNB token
VIP tiers reduce fees further with volume
Zero-fee promotions on select pairs periodically

Assets & Markets
350+ cryptocurrencies
Over 350 cryptocurrencies available for trading
Major coins: BTC, ETH, BNB, SOL, XRP, ADA
Altcoins and new token listings regularly
Spot, futures, and margin trading supported
P2P trading for 8 major cryptocurrencies

Why Choose?
World's largest exchange
Largest cryptocurrency exchange by trading volume globally
Over 289 million users worldwide
Deepest liquidity across all trading pairs
Industry-leading security with SAFU fund
Multi-regulatory compliance across jurisdictions

Regulation & Safety
FIU-IND registered
Registered with Financial Intelligence Unit India since August 2024
Full compliance with Indian anti-money laundering regulations
Settled 2.25 million USD penalty for past violations
KYC and AML procedures implemented for Indian users
Regular reporting to Indian financial authorities

Account Minimum
$0 minimum deposit
No minimum deposit required to open account
Start trading with any amount
Minimum trade amounts vary by cryptocurrency
No account maintenance fees
Free cryptocurrency deposits (network fees apply for withdrawals)

Key Benefits

Trading Costs

★4.7

▼

Spot trading: 0.1% maker and taker fees among lowest in industry
Futures: 0.02% maker, 0.05% taker highly competitive
25% discount when using BNB for fee payment
VIP tiers progressively reduce fees to 0.012% maker for highest volume
Zero-fee promotions on major pairs like BTC/USDC, ETH/USDC periodically
No deposit fees for cryptocurrency transfers
Withdrawal fees vary by cryptocurrency and network

Platform And Tools

★4.6

▼

Binance Lite for beginners with simplified interface
Binance Pro for advanced traders with full features
TradingView charts with 100+ technical indicators
Multiple order types including OCO, trailing stop, iceberg
Desktop application for Windows and Mac
Mobile apps rated 4.5+ stars on app stores
API for algorithmic trading and automated strategies

Research And Analysis

★4.3

▼

Binance Research publishing in-depth market analysis
Real-time market data and price alerts
Binance Academy educational content library
Economic calendar integrated in platform
Market sentiment indicators and social metrics
News feed from multiple crypto sources
Limited fundamental research compared to traditional brokers

Mobile Trading

★4.5

▼

Full-featured iOS and Android applications
App Store rating 4.7 stars, Google Play 4.4 stars
All trading features available on mobile
Biometric authentication support
Push notifications for price alerts and account activity
Lite and Pro modes within mobile app
Seamless synchronization across devices

Account Features

★4.4

▼

Standard accounts for retail traders
VIP accounts with 9 tiers based on trading volume
Sub-accounts for portfolio segregation
Multi-cryptocurrency wallets integrated
Flexible savings and staking options
Launchpool for new token farming
Convert small balances to BNB feature
Referral program earning commission

Security And Trust

★4.5

▼

SAFU insurance fund protecting user assets
FIU-IND registered for India compliance
Two-factor authentication mandatory
Withdrawal whitelist address feature
Anti-phishing code protection
Regular security audits conducted
Cold storage for majority of funds
Account activity monitoring and alerts
Past regulatory issues resolved globally

Customer Support

★4.2

▼

24/7 customer support via live chat
Email support with ticket system
Comprehensive FAQ and help center
Community support forums active
Multilingual support including English and Hindi
Response time varies by issue complexity
VIP users receive priority support
No phone support for standard accounts

Educational Resources

★4.4

▼

Binance Academy with extensive educational content
Video tutorials for beginners
Trading guides and strategy articles
Webinars covering crypto trading fundamentals
Glossary of cryptocurrency terms
Market analysis and research reports
Learn and Earn programs rewarding education
Demo account not available but test networks exist

VIP Program

1VIP 0 (Regular User)

▼

Volume A U M	Less than 1 million BUSD in 30-day trading volume No minimum BNB holdings required
Fee Waivers	Spot: 0.1% maker and taker standard rates Futures: 0.02% maker, 0.05% taker 25% discount available with BNB fee payment
Exclusive Tools	Access to all standard platform features Basic market analysis tools Standard withdrawal limits
Other Perks	Referral program participation Educational resources access Standard customer support

2VIP 1-3

▼

Volume A U M	VIP 1: 1M+ BUSD 30-day volume or 25+ BNB VIP 2: 15M+ BUSD or 50+ BNB VIP 3: 75M+ BUSD or 100+ BNB
Fee Waivers	VIP 1: 0.09% maker/taker spot VIP 2: 0.08% maker/taker spot VIP 3: 0.06% maker, 0.07% taker spot Futures fees reduced proportionally
Exclusive Tools	Priority listing notifications Early access to new features Enhanced API rate limits
Other Perks	Higher withdrawal limits Faster support response times Exclusive promotional access

3VIP 4-6

▼

Volume A U M	VIP 4: 225M+ BUSD or 250+ BNB VIP 5: 750M+ BUSD or 500+ BNB VIP 6: 2.25B+ BUSD or 1000+ BNB
Fee Waivers	VIP 4: 0.05% maker, 0.06% taker VIP 5: 0.04% maker, 0.05% taker VIP 6: 0.03% maker, 0.04% taker Significant futures fee reductions
Exclusive Tools	Dedicated account manager Custom API solutions Advanced trading tools access OTC trading desk access
Other Perks	Invitation to exclusive events Priority customer support Maximum withdrawal limits Special promotional offers

4VIP 7-9

▼

Volume A U M	VIP 7: 6B+ BUSD or 2000+ BNB VIP 8: 20B+ BUSD or 3500+ BNB VIP 9: 40B+ BUSD or 6000+ BNB
Fee Waivers	VIP 7: 0.024% maker, 0.032% taker VIP 8: 0.018% maker, 0.026% taker VIP 9: 0.012% maker, 0.022% taker Lowest possible fees on platform
Exclusive Tools	Institutional-grade tools Custom liquidity solutions Direct market maker connections Priority API infrastructure
Other Perks	Personal relationship manager Exclusive institutional events Customized trading solutions Maximum platform privileges Quarterly performance bonuses

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	✓
Zero Commission	×
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	✓
Grid Trading	✓
Trading Bots	✓
Robo Advisory	×
Sentiment Analysis	✓
Social Copy Trading	✓
Ai Trading Assistant	×

Crypto Tools

▼

Launchpad	✓
Crypto Earn	✓
Crypto Staking	✓
Nft Marketplace	✓

Advanced Tools

▼

Api Access	✓
Basket Trading	×
Options Strategies	✓
Smart Order Routing	✓
Backtesting Capabilities	×

Portfolio Tools

▼

Tax Harvesting	×
Islamic Account	×
Auto Rebalancing	✓
Dividend Tracker	×
Economic Calendar	✓

Detailed Information

Commission Tiers	VIP 0: 0.1% spot maker/taker VIP 1-3: 0.06-0.09% reduced fees VIP 4-6: 0.03-0.06% mid-tier reductions VIP 7-9: 0.012-0.032% lowest fees Volume calculated over 30-day rolling period BNB holdings contribute to VIP qualification
Trading Fees	Spot: 0.1% maker and taker base rate Futures USDⓈ-M: 0.02% maker, 0.05% taker Futures COIN-M: 0.01% maker, 0.05% taker Margin: Same as spot (0.1% base) Options: 0.03% base for all trades
Options Commission	0.03% for options trading
Futures Commission	USDⓈ-M: 0.02% maker, 0.05% taker COIN-M: 0.01% maker, 0.05% taker
Financing Rates	Margin interest rates vary by cryptocurrency Calculated hourly based on borrowed amount Typical annual rates: 7-15% depending on asset Real-time rates displayed in margin trading interface
Margin Interest Rate	0.02% daily (approximately 7.3% annual) Varies by cryptocurrency and market conditions
Overnight Fees	Futures funding rates calculated every 8 hours Rates typically range from -0.05% to +0.05% Long and short positions pay or receive funding Variable based on market sentiment
Non Trading Fees	No account maintenance fees No inactivity fees (changed from previous $14/month policy) Deposit fees: Free for cryptocurrency Conversion fees: Free for small balance to BNB
Deposit Fee	0 (cryptocurrency deposits free, network fees may apply)
Withdrawal Fee	Varies by cryptocurrency and network BTC: 0.0004 BTC ETH: 0.003 ETH USDT (TRC20): 1 USDT Network fees included in withdrawal amount
Currency Conversion Fee	Free conversion for small balances to BNB Market spread applies for regular conversions
Data Feed Fees	Real-time market data free for all users No additional data subscription fees
Order Modification Fee	0
Vip Fee Tiers	VIP 0-9 tiers based on 30-day volume and BNB holdings Fee reductions from 0.1% to 0.012% maker Priority support and higher withdrawal limits Dedicated account managers for VIP 6+ Custom solutions for VIP 8-9 institutional clients

Minimum Spreads	Variable based on market liquidity Major pairs: 0.01% typical spread Less liquid pairs: 0.1-0.5% spreads
Maximum Leverage	Spot margin: 3x-10x depending on asset Futures: Up to 125x for major pairs Cross and isolated margin modes available Leverage limits based on position size
Margin Call Level	1.1 (110% collateral ratio)
Stop Out Level	1.03 (103% collateral ratio)
Negative Balance Protection	Yes for retail accounts
Settlement Period	Instant for spot trades Futures settled based on contract type Margin loans calculated hourly
Order Execution Quality	High-speed matching engine processing millions of orders per second Market and limit orders executed at best available price Partial fills possible for large orders Order types include market, limit, stop-limit, OCO, trailing stop Slippage minimal on major pairs due to deep liquidity

Stocks Count	0
Etfs Count	0
Crypto Count	350
Forex Pairs Count	0
Product Universe Overview	Over 350 cryptocurrencies available for trading Spot trading on 1000+ trading pairs Futures contracts for major cryptocurrencies Options trading on BTC and ETH Margin trading with 3x-10x leverage Staking for 50+ cryptocurrencies Savings products for passive income
Geographic Market Coverage	Global cryptocurrency markets 24/7 No geographic restrictions on assets P2P available in 180+ countries Regulatory compliance varies by jurisdiction
Major Markets Details	Bitcoin (BTC) - largest trading volume Ethereum (ETH) - full ecosystem support Binance Coin (BNB) - native token benefits Major altcoins: SOL, XRP, ADA, DOT, MATIC Stablecoins: USDT, USDC, BUSD available DeFi tokens and governance tokens supported
Emerging Markets Details	New token listings through Launchpad Innovation Zone for high-risk tokens Meme coins and trending cryptocurrencies GameFi and metaverse tokens Regular addition of emerging blockchain projects
Base Currencies Supported	USDT, USDC, BUSD (stablecoins) BTC, ETH, BNB (crypto bases) No direct fiat currency support for India

Trading Platforms Overview	Binance Lite for simplified trading experience Binance Pro for advanced features and tools Desktop application for Windows and Mac Mobile apps for iOS and Android Web-based trading accessible from any browser API integration for third-party applications
Desktop Platform	Native applications for Windows and Mac Advanced charting with TradingView integration Multiple workspace layouts customizable Order book depth visualization Real-time portfolio monitoring Multi-monitor support
Mobile App	iOS app rated 4.7 stars on App Store Android app rated 4.4 stars on Google Play Full trading functionality on mobile Lite and Pro modes available Biometric login support Push notifications for price alerts Portfolio tracking and management
Web Platform	Accessible from any modern web browser No download or installation required Responsive design for desktop and tablet Full feature parity with desktop apps Secure HTTPS connection Session management and timeout protection
Trading Tools And Features	TradingView charting with 100+ indicators Multiple order types: market, limit, stop-limit, OCO, trailing stop, iceberg Price alerts and notifications Portfolio performance tracking Trading history and tax reports Convert feature for instant swaps Grid trading and DCA bots
Charting And Technical Analysis	TradingView integration with pro features 100+ technical indicators available Multiple chart types: candlestick, line, bar, Heikin Ashi Drawing tools for trend lines and patterns Multiple timeframes from 1 minute to 1 month Technical analysis directly on charts Price alerts based on indicators
Risk Management Tools	Stop-loss and take-profit orders Trailing stop orders for dynamic protection Position size calculator Margin ratio monitoring Liquidation price indicators Portfolio risk assessment Anti-liquidation features in futures
Order Types Available	Market orders for instant execution Limit orders for specific price targets Stop-limit orders for risk management OCO (One-Cancels-Other) orders Trailing stop orders Iceberg orders for large positions Post-only orders for maker rebates Fill-or-kill and immediate-or-cancel options
Integrations And Api Access	RESTful API for trading and data access WebSocket API for real-time data streaming Python, Java, Node.js libraries available Rate limits based on account type and IP API key management with permissions control Third-party bot integrations supported TradingView strategy connection
Third Party Platforms	TradingView for charting and analysis 3Commas for automated trading CoinTracking for portfolio management Various tax reporting tools Mobile wallet integrations
Api Rate Limits	Standard: 1200 requests per minute VIP accounts: Higher rate limits WebSocket: 5 connections per account IP-based and UID-based limits Order rate limits prevent spam
Algo Trading Support	Full API access for algorithmic trading WebSocket for real-time data feeds Historical data available for backtesting Order management through API Portfolio and account management via API No official backtesting platform provided

Customer Support Overview	24/7 customer support available Live chat support in multiple languages Email ticket system for complex issues Comprehensive FAQ and help center Community forums and social media support
Phone Support Hours	No phone support for standard accounts VIP accounts may receive phone support
Live Chat Availability	24/7
Email Response Time	Standard: 24-48 hours VIP accounts: Priority response within 12 hours
Languages Supported	English, Hindi, and 40+ other languages Multilingual customer support team Platform interface available in multiple languages
Local Office Presence	No physical offices in India Global headquarters previously in multiple jurisdictions Remote-first operations model
Account Manager	Available for VIP 6 and above Dedicated support for institutional clients Not available for standard accounts
Educational Resources Overview	Binance Academy with extensive learning materials Video tutorials covering beginner to advanced topics Trading guides and strategy articles Webinars on cryptocurrency fundamentals Blog with market analysis and updates Learn and Earn programs rewarding education
Beginner Resources	Binance Academy for crypto basics Getting started guides Video tutorials for account setup Trading simulation through small amounts Simplified Lite interface for beginners
Webinars And Tutorials	Regular webinars on trading strategies YouTube channel with tutorials Live AMA sessions with crypto experts Platform feature demonstrations
Market Analysis And Research	Binance Research publishing in-depth reports Daily market updates and analysis Quarterly industry insights Project research reports before listings Market sentiment indicators
Demo Account Details	No dedicated demo account Users can trade with small amounts to learn Testnet available for API testing
Trading Courses	Binance Academy structured courses Beginner to advanced level content Certificates upon course completion Learn and Earn programs with rewards
Tax Reporting Help	Transaction history export available CSV and Excel formats for tax reporting Integration with third-party tax tools No direct tax advice provided Users responsible for own tax compliance

Regulation Overview	Registered with Financial Intelligence Unit India (FIU-IND) Compliance with Indian anti-money laundering regulations Multiple regulatory registrations globally Operating in 180+ countries with local compliance Settled past regulatory issues in India
Primary Regulator	Financial Intelligence Unit - India (FIU-IND) Multiple global regulators depending on jurisdiction
License Number	FIU-IND Registration: August 2024 Global regulatory registrations vary by region
Investor Protection Scheme	SAFU (Secure Asset Fund for Users) insurance fund 10% of trading fees allocated to SAFU Covers losses from security breaches No government-backed insurance Cold storage for 95%+ of user funds Proof of reserves published regularly
Security Features	Two-factor authentication (2FA) mandatory Withdrawal whitelist address feature Anti-phishing code protection Device management and login history Email and SMS notifications for account activity Biometric authentication on mobile Address book for frequent transfers Cold storage for majority of assets Regular security audits Bug bounty program active

Commission Tiers

VIP 0: 0.1% spot maker/taker
VIP 1-3: 0.06-0.09% reduced fees
VIP 4-6: 0.03-0.06% mid-tier reductions
VIP 7-9: 0.012-0.032% lowest fees
Volume calculated over 30-day rolling period
BNB holdings contribute to VIP qualification

Trading Fees

Spot: 0.1% maker and taker base rate
Futures USDⓈ-M: 0.02% maker, 0.05% taker
Futures COIN-M: 0.01% maker, 0.05% taker
Margin: Same as spot (0.1% base)
Options: 0.03% base for all trades

Options Commission

0.03% for options trading

Futures Commission

USDⓈ-M: 0.02% maker, 0.05% taker
COIN-M: 0.01% maker, 0.05% taker

Financing Rates

Margin interest rates vary by cryptocurrency
Calculated hourly based on borrowed amount
Typical annual rates: 7-15% depending on asset
Real-time rates displayed in margin trading interface

Margin Interest Rate

0.02% daily (approximately 7.3% annual)
Varies by cryptocurrency and market conditions

Overnight Fees

Futures funding rates calculated every 8 hours
Rates typically range from -0.05% to +0.05%
Long and short positions pay or receive funding
Variable based on market sentiment

Non Trading Fees

No account maintenance fees
No inactivity fees (changed from previous $14/month policy)
Deposit fees: Free for cryptocurrency
Conversion fees: Free for small balance to BNB

Deposit Fee

0 (cryptocurrency deposits free, network fees may apply)

Withdrawal Fee

Varies by cryptocurrency and network
BTC: 0.0004 BTC
ETH: 0.003 ETH
USDT (TRC20): 1 USDT
Network fees included in withdrawal amount

Currency Conversion Fee

Free conversion for small balances to BNB
Market spread applies for regular conversions

Data Feed Fees

Real-time market data free for all users
No additional data subscription fees

Order Modification Fee

Vip Fee Tiers

VIP 0-9 tiers based on 30-day volume and BNB holdings
Fee reductions from 0.1% to 0.012% maker
Priority support and higher withdrawal limits
Dedicated account managers for VIP 6+
Custom solutions for VIP 8-9 institutional clients